Energy price fight in Congress heats up Ford decontrol plan
Congressional clashes grow as Ford favors decontrol of oil and energy prices over a 30 month path. Consumers face higher bills for gasoline, home fuel, and electricity while big oil backs the president. Competitors claim higher production and uncertain gains, with fears of deeper recession and broader price ripple effects. Senators Magnuson and aides press the Federal Power Commission for lower new oil prices, arguing profits under 6 dollars per barrel in some cases under 5 through 1975.
MENTIONED IN THIS ARTICLE
Ford
Gerald Ford
White House
OPEC
Wildcatters
Congress
Sen
Warren Magnuson
Federal Power Commission
Slowing recession signalled by leading index rise in June
The Commerce Department reports the leading economic indicators index rose 1.9 percent in June, marking a fourth straight gain and the highest level since October 1974. Eight of nine available indicators increased, including payroll trends, vendor performance, money supply, and new orders, while one fell. Data for remaining indicators will revise the figure.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Jane
June unemployment rises in Lorain County spurred by new job seekers
The Ohio Bureau of Employment Services says a flood of high school and college students entering the labor market pushed Lorain County June unemployment to 8.5 percent from 7.8 in May, while statewide rates rose to 9.1 percent. Lorain's labor force totaled 119,383 with 109,212 employed and 10,171 unemployed, and July figures may stay the same or rise due to auto industry model changes.
MENTIONED IN THIS ARTICLE
Lorain County
Ohio Bureau of Employment Services
Cuyahoga
Erie
Huron
Medina
Don Pawlczak
Hureaut
Lorain
Ford joins Helsinki summit after Krakow visit
President Ford flew from Krakow to Helsinki to join 34 nations at an unprecedented three day security summit. He and Brezhnev led talks with Turkey and Greece as they prepare a document seen by some as a de facto peace treaty, endorsing postwar borders and human rights while promising peaceful changes.
MENTIONED IN THIS ARTICLE
Ford
Helsinki
Finland
Krakow
Leonid I. Brezhnev
Canada
Albania
Brezhnev
Turkey
Greece
Europe
Welfare Action Center funding cut. board fights back
The Welfare Action Center faces termination as 648 Board cuts funding amid protests from Rev. William Morgan and JoAnn Jones. Morgan accuses the board of “genocide” while demanding minority representation. Interim funding totaling $206,049 for agencies is approved, with four WAC staff to be hired as temporary workers at $3.25 per hour.
MENTIONED IN THIS ARTICLE
Welfare Action Center
William Morgan
Young Ministers
Dobosy
Finance Committee
John McCrea
Lorain County Welfare
Gerard Prinz
Jimmy
Ms. Jones
WAC
Dickerson
648 Board
648
Nathanial James
Russia Township approves landfill rezoning and logistics
Russia Township Trustees approved rezoning to permit a landfill with bulky item dumping and free truck disposal. OEPA officials projected minimal water contamination risk, outlining quarterly monitoring wells and testing on citizen request. Brotherton stated daily burial would meet health and odor standards.
MENTIONED IN THIS ARTICLE
Zoning Board of Appeals
Russia Township Trustees
Russia Township Zoning Board
Lynn Clark
OEPA
Clark
Clarrk
Brotherton
Senate panel eyes plan to rebate oil windfall profits
Washington AP Senate tax specialists study a formula to rebate windfall oil profits to consumers as House Rules weighs clearing a floor vote on Ford's revised price plan. Frank G. Zarb testifies. Long's Finance Committee backs a windfall tax at 90 percent with credits for reinvestment in oil and gas, amid looming price-control expiry.
MENTIONED IN THIS ARTICLE
Senate
Washington
House
Ford
House Rules Committee
Frank G. Zarb
Harley O. Staggers
DW. Va
Commerce Committee
Rules Committee
Senate Finance Committee
Russell B. Long
D-La
Congress
Long
Two Men Fined 250 for DWI in Elyria Court
An Amherst man and an Elyria man were each fined 250 in Elyria Municipal Court after guilty pleas for driving while intoxicated. Robert B. Holbert of 28 N. Dewey Rd Amherst received two days in jail, six month license suspension, arrested by State Highway Patrol. James E. Fly of 808 Clark St pleaded no contest, three days suspended jail, 30 day license suspension, arrested by Elyria police.
MENTIONED IN THIS ARTICLE
Amherst
Elyria
Robert B. Holbert
N. Dewey Rd
Ohio
James E. Fly
Clark St
Grain prices at Lorain County market closes
Lorain County Farm Bureau Cooperative Association reports closing prices for grains. Wheat 83.28 per bushel, shelled corn 2.76 per bushel, oats 1.40 per bushel, with an overall average 5.85 per bushel. Local buyers and farmers referenced closing values from yesterday's market.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Butter and eggs price report from Midwest markets
Columbus wholesale buyers report carton prices for butter and eggs in major Ohio cities. Large cartons sell around 65 to 70 cents, medium around 55 to 57 cents, with poultry prices from Ohio farms noted as steady. New York USDA report shows butter steady. Chicago Midwest price report notes wholesale bulk carton prices yesterday unchanged from Friday.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
New York
Iap
USDA
Chicago
Midwest
Coffee price hikes spark worries over Brazil crop loss
Two large U S coffee marketers raised wholesale prices sharply amid reports the cold wave could ruin up to 80 percent of Brazil's 1976 crop. General Foods added 20 cents a pound for ground coffee and Ehlers 10 cents, with instant up 3 cents per ounce.
MENTIONED IN THIS ARTICLE
New York
UPL
Brazil
General Foods
Ehlers
London
General Foods Corp
Maxwell House
Sanka
Brim
Yuban
Max-Pax
Maxim
Albert Ehlers Inc
Wall Street rises on upbeat indicators and tobacco ad actions
The stock market opened higher as the Dow nudged above 2 points after the government reported a 1.9 percent June rise in its leading indicators, marking a fourth straight monthly gain. Regulators move to fine six major tobacco firms for failing to display surgeon general warnings clearly on billboards.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Second Class Mail Privileges Authorized at Elyria
Notice announcing second class mail privileges approved at Elyria with rate details for daily and Sunday delivery. Rates listed include United States mail, in advance, at $52 per year. local contact numbers for Elyria and Cleveland provided for subscription and service inquiries.
MENTIONED IN THIS ARTICLE
Elyria
Lorain A Faunty Printing & Sattier Delverenge
United States
Lecain
Cleveland
Ciga rettes ads urged to warn health risk in big print
UPI reports John Banzhaf of Action on Smoking and Health urges billboards showing cigarettes to carry a warning reading cigarette smoking is dangerous to your health in larger letters than death. He notes ASH recently had mixed FTC outcomes in a regulatory dispute.
MENTIONED IN THIS ARTICLE
Washington
UPI
John Banzhaf
Banzhaf
Action On Smoking and Health
Federal Trade Commission
Also Mentioned on This Page
Ford Administration
Sion
Ford Associates
Federal Energy Administration
Department of Interior
Joint Economic Committee
FEA
Alan Greenspan
Greenspan
Ralph Nader
Edward Gierek
Mid-Ohio Securities Corp
National Association of Securities Dealers Inc
Migrie
Mpfteer
General Motors
U.S
W. G. Nord
Youth Services Inc
Family Service Association
Help Wellington
Avon Lake Center
Oberlin Center
Amherst Center
and Labor Agency
Russia
Mutuals
Allstate
Dreyfus Fd
Fidelity Trend
Invest
Keystone
Nat'l Secorth
Putnam Funds Grihr
Value Ling
Coffee and Sugar Exchange
Martinson
Tetley Inc
Brazilian Coffee Institute
IBC
Camilio Calazans
Ere Ogee
John Puller
Bhainass
Wall Street
Sigma
Kingstip Inc i
Burndy Corp
Fst
Kentucky
Franklin Minto
Boz Mem
Simpson Indust
Armstrong Cork
Spowe ReMi
FTC
the Chronicle Telegram
Ast Avenue
NYSE
American Stock Exchange
Ohio Edey
Bea Te Owene Viun Alleg Co
Penn Cent
MAL Penney
Alco Aun Pap&e
Amn Aurlin
JBM
PepsiCo
Amelpw
Amt&t
Aha
Micaela Armco UN Halston P
Ashl Ou
RCA
Reich Ch
AM Rich Rant
Nea “Ag
Babek
Sfelnd
Bendx
Stell
Boeing Sou Pac
Chessie
Sperry
Chrysler We
Ééun Cities
St Oucal
Coop Ind
CPC Ind
Texacon
CrwnZell Watha Timka
Curtiss Wr
Sun
Dresser
DuPont
Eaton Ars
Exxon
Xerox
Flintkot
Pierre
R.smith Ca
Foundry
el Bate
Ford Sd
Bendix G Tel
Goodrh i
CPC International Inc
Goodyr Attm
Ba Dart Ind
Emerson
TEM
LD Goodrich
Harv MM TC. Industries
Jhn-Man
An. Kewanee Oil
Koehring
Kaisr al
Kresge
Lear Siegler
Kroger
Qhio Edison
Lyke Ying Mob
Richmond Corp
Marad
Searlet G D + Co
Marcor
Svbron
Mead Co
Tappan
Toledo Edison
Mobil Oil
Union Pacific Corp
NCR
Victor Camptometer
Natt & W
Woolworth F W
Cleve
Ghertin
J.C. Insurance
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