Great Lakes See New Foreign Trade Link Under American Flag
The Chronicle-Telegram notes Lykes Brothers launches a monthly Great Lakes service linking midwest ports to the Mediterranean and Black seas, with Farrell Lines joining an October East Africa route. Officials credit Maritime Administration support, while skeptics cite cargo costs, ice closures, and containerization limits as ongoing hurdles.
MENTIONED IN THIS ARTICLE
America
Great Lakes
Lakes
Lykes Brothers Steamship Co., Inc
Lykes- Youngstown Corp
Mediterranean
Black Seas
U. S. Maritime Administration
Lykes Brothers and
Farrell Lines, Inc
New York
East Africa
Maritime Administration
J. N. Kelly
Chicago
Farrell
Cleveland
Avon Hardware expands with Out West boutique addition
Avon Hardware at 36775 Detroit Rd expands by over one third to create a full tack shop. The display showcases boots riding apparel and saddles as store manager Dan Forthofer prepares the new boots section.
MENTIONED IN THIS ARTICLE
Avon Hardware
Detroit Rd
Dan Forthofer
Double threat may touch off steel buying
The nation faces a potential surge in steel purchases as price increases and natural gas cutbacks loom next winter. Industry Week notes rising production costs and an Aug. 1 wage boost for steelworkers, plus possible energy surcharges amid gas reductions and fuel shifts at mills.
MENTIONED IN THIS ARTICLE
Cleveland
Ford recalls Econoline vans and light trucks
Ford Motor Co. recalls almost 50,000 Econoline vans and light trucks built in Lorain due to a loose bolt in the heavy duty front disc brakes that could limit braking to the rear brakes. The issue was found during routine testing. repairs will be free to owners.
MENTIONED IN THIS ARTICLE
Lorain
Ford Motor Co
Ford
Pfaudler plant workers reach tentative deal in Elyria
Union and management negotiators at the strikebound Pfaudler Co. in Elyria announce a tentative agreement reached this morning. A ratification meeting is scheduled for 5 p.m. Wednesday in the union hall for Local 1161 United Auto Workers members who struck July 17. Details of the pact were not disclosed.
MENTIONED IN THIS ARTICLE
Pfaudler Co
Elyria
United Auto Workers
June trade surplus sets record for month in history
Washington reports June exports outpaced imports by 1.74 billion, marking the fifth straight monthly trade surplus and a 54 billion surplus for the first half of 1975. Export gains led by motor vehicles wheat machinery and aircraft, while imports fell 2 percent led by a 470 million drop in overseas crude oil and products.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Commerce Department
8 Percent price rise seen for 1975
Washington AP reports prices paid by the average American are expected to rise about 8 percent in 1975, down from 12.2 percent last year. The Council on Wage and Price Stability notes the first quarter CPI rose 6 percent, with a slower pace anticipated as recovery continues. Some West Coast construction settlements reached 20 to 30 percent, challenging moderation efforts.
MENTIONED IN THIS ARTICLE
Washington
Council On Wage and Price Stability
Council
Automakers to report earnings this week
DETROIT AP The Big Three will report second quarter earnings with analysts predicting Chrysler a big loss while the industry shows a modest profit. GM and Chrysler due Tuesday Ford on Thursday and AMC next week with forecasts of GM over $300 million Ford $70-$90 million AMC break even and Chrysler a $30-$60 million loss.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler
General Motors
Ford
American Motors
AMC
Wall Street Opens Lower Amid Moderate Trading
On the New York Stock Exchange the Dow slipped 1.17 points to 932.92 after the opening, with 174 declines and 121 advances among 423 issues. Turnover was about 460000 shares. In Ohio, rural counties led June unemployment with Adams at 18.6 percent, Scioto 15.3, Knox 14.9, Hocking 14.5, Pike 13.7, Union 13.2, and Portage 13.1.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
Columbus
Ohio
Ohio Bureau of Employment Services
Adams County
Scioto
Knox
Hocking
Pike
Union
Portage
Vie New York
An At Air Ally
Penn Center
Allid Ch
Bare Penney
Penn Dix
Statly
Alcoa
Bare Penn PL
Chrysler
Cp Wests
Industries
Kewanee Oi
Koehring
DuPont
Bae Me Lear Siegler
Eastern Air
East Kodak
National Gypsum
Iain Evans
Ohio Edison
Lfs
Exxon
Fed Mogul
Richmond Corp
Firestone
Smucker Searle
GD )Co
Ford
Sybron
Union Pacific Corp
Woolworth
Goodrich
Goodyear
Great
A&p Greyhound
Gulf Oil
IBM Corp
Hary
Kennecott
Kraftco
Kroger
Also Mentioned on This Page
Chronicle-Telegram
Man
LYKES
Larry Guerin
Maxim Cohen
U.S
Gulf Ports
St. Lawrence
Industry Week
the Chronicle-Telegram
East Avenue
Lorain County
C-T
Jeff Bishop
Tel Aviv
Nazareth
Agriculture Department
R. Jay Fitch
Bulletin
White House
Audevax Howeng
American TelePhone and Telegraph Co. Inc
Wisterh Fleet Ga
Ball Telephone Laboratone
Mted Seri Us
John B. Simpson
Oberlin Ave
Mid-Ohio Securities Corp
National Association of Securities Dealers Inc
Laren
Styria
Dspitzer Park Plaza
Sibed St
Elyriy
NEW York Life
Life Insurance
Bob Meyers
C.L.A
Midway Plaza
Wall Street
Hovey
Kaiser Insurance Associates, Inc
Philip 8. Kaiser
William Comerford
Paul G. Hovey
Lorain County Bank
Karl W. Plocher
St. Joseph Hospital
Lorain, Ohio
James Minns
B.C. Ziegler and Company
Toledo
Central Avenue
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