Ford highlights Lake Erie recovery and oil pollution plan
President Ford announced a plan to create a uniform system for oil pollution claims and liability, to be submitted after the Fourth of July recess. He linked the initiative to international conventions and emphasized energy needs, while in Cincinnati for the National Environmental Research Center dedication before heading to Cleveland for a GOP fundraiser.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Congress
High Seas
America
Cincinnati
National Environmental Research Center
Cleveland
Cuyahoga County
GOP
Flood waters surge as Red River crest looms over farms
A farm near Barnesville Minnesota sits amid floodwater after more than a foot of rain in northwestern Minnesota and North Dakota. The Red River is expected to crest today as governors tour the damaged areas and seek federal disaster designation. Sugar beet losses are estimated at 120 million dollars, likely lifting sugar prices.
MENTIONED IN THIS ARTICLE
Barnesville
Minn
Minnesota
North Dakota
Ford
Elbert named co chair of Tracey's mayoral bid
Lorne Elbert Jr a former rival in the Democratic mayoral race will be a co chair for James T. Tracey's November campaign. Tracey said they agreed before the primary that he would back the winner. Elbert, 38, is a Elyria contractor with six children and ties to St Mary Church and local clubs.
MENTIONED IN THIS ARTICLE
Elbert
Tracey
Lorne Elbert Jr
James T. Tracey
Leonard Reichlin
Marguerite Bowman
Kenneth Hamister
Lenore Lotko
Richard Laux
Elyria
Hamilton Circle
St. Mary Church
Jobless Rate Down as Wholesale Prices Dip in June
June wholesale prices fell 0.1 percent led by farm products down 1.4 percent while industrial commodities slipped 0.4 percent. The Dow Jones average closed lower as oil price hikes and rate worries weighed on markets. Unemployment claims rose about 10,000 weekly, with 432,500 first-time claims. The government cautioned that a statistical quirk mainly explains the June unemployment drop.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
May
New York
First National City Bank
Julius Shiskin
Bureau of Labor Statistics
NYC sanitation workers OK pact
The mayor’s office announced an agreement to end the three day wildcat sanitation strike. Union members would return to work at noon as talks continue in Albany seeking tax powers to restore job cuts.
MENTIONED IN THIS ARTICLE
New York City
Uniformed Sanitationmen’s Association
Albany
Abraham D. Beame
Senate
Weather Outlook Cloudy with Mild Temperatures Ahead
Partly cloudy tonight and tomorrow with highs in the low to mid 80s. Tonight Lows in the 60s. Chance of precipitation 30 percent tonight and tomorrow. Northeasterly winds 5 to 10 mph. Sunset today 9 04 p m Sunrise tomorrow 5 58 a m.
New Federal Law Aims to Boost Home Buying and Prevent Foreclosures
President Ford signed the Emergency Housing Act of 1975, authorizing GNMA to spend 10 billion dollars to back mortgages and spur up to 900,000 new homes. The act could save a 30 thousand dollar loan holder about nine thousand dollars in interest over 30 years and allows lenders to offer lower rates through Ginnie Mae guarantees. It also includes a provision to help unemployed homeowners avoid foreclosure by a government guaranteed loan, though foreclosures have remained low and the bill faces political hurdles after a veto of a direct subsidy plan.
MENTIONED IN THIS ARTICLE
Washington
Ford
Government
National Mortgage Association
GNMA
Dan Kearney
Ginnie Mae
Ite
Int & Savings and Loan
Savings and Loan
Kearney
Congress
United Way sets record goal for Lorain County in 1975
The Lorain County United Way board approved a 1.915 million dollar campaign goal for 1975, a 4 percent rise from 1974. The drive begins October 1, with Randall calling the goal attainable despite unemployment. The board plans to guarantee 95 percent of allocations, aims to keep 98 percent funding, and removes two agencies from funding next year, keeping 34 total organizations.
MENTIONED IN THIS ARTICLE
United Way
Lorain County
United Way Board of Directors
Lewis Randall
Randall
United Way Board
W. G. Nord Centers
Lorain County Legal Aid Society
Judy Repic
Ted Smith
Fisher Body
Ford
U.S. Steel
al Andrews
Also Mentioned on This Page
Lake Erie
Helen Thomas
White House
Connecticut
Hudson
U. S
Sheraton Cleveland
Ohio Gop
Air Force One
Sen
Robert Taft Jr
James A. Rhodes
Ralph Perk
Rhodes
Ohio River Valley
Convention Center
East Cleveland
United Labor Action
Red River
Lorne J. Elbert JR
Getty Oil CO
Standard Oil Co. of
Ohio
Sohio
British Petroleum Corp
Sun Oil Co
Cities Services Co
Safety Service
Garden Street
Pennsylvania
Capitol Steps
Harrisburg
Nyc
Samuel Maull
Associated Press
Today's Index
Tewee
Wellington
White House Rose Garden
Mikie Sherman
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