Cost of living climbs five tenths in June
Washington AP reports consumer prices rose 0.5 percent in June led by gasoline and energy costs while food gains slowed. Energy prices surged 1.9 percent, groceries rose 0.2 percent, and total inflation ran at a 6.1 percent annual rate for Q2. Weekly hours fell, reducing average weekly earnings, with CPI up 5.9 percent versus a year ago. Commerce chief economist warned no near-term inflation acceleration due to favorable farm prospects. Ford administration forecast 5 percent price rise for year.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Agriculture Department
Associated Press
Ford Administration
Bank error nets Ohio candidate big boost then deduction
In Olmsted Township Ohio attorney Jack D Warren and his wife Janet faced a dramatic banking mishap when a Union Commerce Bank statement showed an extra 181 299 12 dollars Friday only to vanish Saturday due to a clerical transfer error. Warren, candidate for the 24th District Senate, noted the balance shifted after a transfer from Lincoln Savings and Loan. Union Commerce vice president Daniel J Daugherty said the credit came from a clerical error at another institution and would be corrected.
MENTIONED IN THIS ARTICLE
Warren
Lincoln Savings and Loan Co
Cleveland
Union Commerce
Warrens
Lincoln
Daniel J. Daugherty
Union Commerce Bank
UAW Tackles Ford Over Exported Work and Jobs
The United Auto Workers accuses Ford Motor Co. of exporting work to overseas plants and demands contract guarantees to protect 160,000 hourly workers. Bargaining opens on a three year pact as Ford joins GM and Chrysler in new talks amid a history of plant layoffs and imported components.
MENTIONED IN THIS ARTICLE
U.S
General Motors
Chrysler Corp
American Motors
Bannon
Ford
UAW
Brazil
France
Mexico
United States
Valencia
Spain
Lorain National Bank posts midyear deposit and loan gains
Lorain National Bank reports new six month highs in deposits, loans and total resources. Deposits reached 121 million, up 7.7 million from six months earlier, while total loans rose 6.8 million year over year and resources climbed to 132.1 million. Net income rose 39.6 percent to 571 thousand, with earnings per share up from 1.27 to 1.77.
MENTIONED IN THIS ARTICLE
Lorain National Bank
Stanley G. Pijor
Pijor
Secretariats progeny bring world record 1.5 million at Keeneland sale
A chestnut colt sired by Secretariat sold for a world record 1.5 million at Keeneland Summer Yearling Sale, bought by a Canadian syndicate headed by Burnetts and Potash Sikura. The bid opened at 1 million as two groups vied, with A.J. Foyt among bidders earlier. The colt, out of Charming Alibi, is a half-brother to the money-winning mare Damain.
MENTIONED IN THIS ARTICLE
Lexington
Secretariat
Charming Alibi
Texas
Nelson Bunker Hunt
Bluegrass
Ted, Joseph
Jack Burnett
Blue Meadow Farms
Toronto
Harold Potash
John Sikura
Charles Whittingham
Arcadia
Calif
A.J. Foyt
Damiin
Keeneland
Storm damage aid sought as SBA loans eyed
AMSHIP officials estimate damages between 500000 and 750000 and seek SBA disaster loans up to 55000 for homeowners and 500000 for businesses for up to 30 years at about 6.625 percent. Damages cover seven new metal fabrication buildings, with seven counties named in the governor’s list.
MENTIONED IN THIS ARTICLE
Whitaker
Rhodes
SBA
Chicago
Cannery strike could hit every household in U S
Northern California farmers warn a Teamster backed cannery workers walkout may cause heavy crop losses and higher food prices nationwide. Fruit and tomato rot on the ground could cost millions, says California Farm Bureau president. Both sides to meet in Washington with FMCS director James Searce to push a new contract for 60,000 workers across 74 plants.
MENTIONED IN THIS ARTICLE
California
America
Westinghouse Electric Corp
West Virginia
California Farm Bureau
Fred Heringer
Washington
James F. Searce
Federal Mediation and Conciliation Service
Doctors plan wait on Siamese twins separation decision
In Galveston, two Siamese twin girls born last week remain under observation at the University of Texas Medical Branch. Doctors report the girls are fused at the chest and abdomen and share a liver, with possible shared heart or circulatory elements yet to be determined. The infants are in good condition as Barbara Ann Jones, 24, and Fred Jones, parents of three other children aged 6, 7, and 8, await further tests in about two weeks.
MENTIONED IN THIS ARTICLE
Galveston
Tex
UPI
University of Texas Medical Branch
Charles Powell Jr
Barbara Ann Jones
Fred Jones
AmShip earnings rise on giant Great Lakes carrier
AmShip Building Co reports its best third quarter in 58 years as revenues climb to 34.057 million from 31.316 million and net income to 3.734 million or 80 cents a share from 336 thousand or 12 cents. The firm floated the 1000 foot bulk carrier James R F Barker during the quarter on the Great Lakes.
MENTIONED IN THIS ARTICLE
Cleveland
Great Lakes
American Ship Building Co
James RF
Barker
Westinghouse strike ends with three unions agreeing
Pittsburgh AP reports three unions IUE IBEW and UE approve three year contracts ending a nationwide strike that idled 84 plants and affected about 22,500 IUE workers 15,000 IBEW workers and 6,500 UE workers. Company spokesmen expect workers to return to duties today or tomorrow as shifts resume nationwide.
MENTIONED IN THIS ARTICLE
Pittsburgh
Westinghouse Electric Corp
International Union of Electrical Workers Iue
International Brotherhood of Electrical Workers Ibew
Westinghouse
United Electrical Workers Union UK
Opening Wall Street Mixed in Early Trading
New York stocks opened mixed as 478 issues traded on the tape with about 430 000 shares changing hands. The June Consumer Price Index rose 0.5 percent, below May’s 0.6 percent increase, while the Wholesale Price Index showed a 14 percent rise, lower than expected.
MENTIONED IN THIS ARTICLE
New York
UPI
Labor Department
EST Branch Opening Set in LaGrange
Elyria Savings and Trust National Bank schedules a Saturday and Sunday branch opening in LaGrange at 106 Center St Rt 30 with a Then and Now parade led by Keystone High School and featuring former Mayor Harry Grabenstetter and current Mayor Lyle Behner. Open house runs 1 pm to 6 pm each day with refreshments door prizes and souvenirs.
MENTIONED IN THIS ARTICLE
Ballyhoo
LaGrange
Elyria Savings and Trust National Bank
Center St
Keystone High School
EST
Keystone High Band
Harry Grabenstetter
Lyle Behner
Flower poll finds rose as national flower favorite
A UPI report says a nationwide flower shop poll by Florists Telegraph Delivery shows the rose leading as national flower with 39 percent, ahead of the daisy, carnation, dogwood and apple blossom. Marijuana leads write-ins with 12 votes. others include Jimmy Carter and President Ford.
MENTIONED IN THIS ARTICLE
Flower Shop
Washington
UPI
Telegraph Delivery
Congress
Jimmy Carter
Ford
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Ucts
John Kendrick
Commerce Department
Mrs. Warren
Jack D. Warren
Restwood Lane
Call Pierre R. Smith & CO. “Investments
Elyria
Lorain
Philadelphia Stock Exchange
BVP
E.S.7
Ohio
Rca
Uae
Blue Meadows Farms
Canada
Colt
Amship
Ralph Whitaker
Administraon
Clude
Cannery
United Press International
National Westinghouse
the Chronicle-Telegram
East Avenue
Farpuicoanty PF Printing & Carrier
Aeiverea
Eye Mail
Millon
Eotroa Ing
Comvacenter
SEIS
Belding
Driffing
Cette & Penditirey
Middle Ave
Wall Street
Rd Onl Ind SD Ltd
Texaco
Alcoa
Lata Weverhr
Westy Eas
Arclin
Mme
aCan
Ube
el Pw
Bath
Pierre Hore
Telas Font Pit
National Gypsum
Ohio Edison
Dew
Richmond Corp
Dresser
Searle
duPont
Smucker
Sybron Eaton
Exxon
Toledo Edison
Victor Comptameter
Woolworth
Gannet
Koppers
Kresges
Bay
MeDon
Norfolk
Oceid
Owen Ill
Penn Cent
Pfizer
Phill
Pullman
Ralston
Reich
Western Reserve Mortgage Corp
Elyria Savings Building
Ilyria
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