UAW Optimistic as GM Reports Record Quarterly Profits
General Motors posted 909 million in second quarter profits, 3.16 dollars per share, a quarterly record and near threefold growth from a year earlier. The strong results bolster the UAW’s bargaining stance as talks with GM proceed, with union leaders noting hefty gains may push wage and benefit increases. Chrysler reported 155.1 million profit, while Ford expected to announce earnings next.
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Detroit
General Motors Corp
Wall Street
Exxon Corp
United Auto Workers Union
American Telephone and Telegraph
UAW
Leonard Woodcock
Chrysler
Ford
Sfe
New York
Scad Pap Wey
Airco Tac
Shell Oil
Bala
Alley CP Sou Pac
Ally PW
Ya Sperry R
Bn St Brands
Alcoa
Sud Oil Cal
T Am Airlin Sa
Ind
Am el
Am Motors
UN Texaco
Amtet
Unirayal
Armco
Westy el
Bendix Aly
Beth Sd
Xerox Co
Boeing BF
Borden
Pierre Delanese
R. Smith Chessie
Ya LC. Industries
Kewanee Industries
Exxon
Sr- Koehring
Lear Siegler
Flinthot
Ford M
Ohio
E. Ha
Richmond Corpp
Food Searle
G.D. Co
Sybron
Toledo Edison
Gillette
Union Pacific Corp
Victor
Goodyr
Woolworth
F.W
Hercules
the Chronicle-Telegram
East Avenue
Inger
IBM
el Koppers
Kroger
Lorain County Printing & Lof
Ublishil
United States
LigeMy
MeDanl
Tain Oh Mead Cp
Mobil
Eviction of Carter neighbor shocks Plains community
AMERICUS Ga AP an old man and seven children were evicted from a shack across from Jimmy Carter s Plains home. The Pittman family says landlord Maclin Poole tore down their house after hinting at political motives and possible land sale as Carter rose to prominence. Carter says he had no involvement and expresses concern for neighbors.
MENTIONED IN THIS ARTICLE
A.Z. Pittman
Jimmy Carter
Plains
Pittman
Americus, Ga
Pittmans
Americas
Maclin Poole
de Soto
Poole
Democratic Party
Carter
Billy Carter
Court upholds state standards impact on religious schools
Rev Levi Whisner founder of Tabernacle Christian School Bradford, about 60 students, faced a state standards ruling. Court says state must craft separate standards for religious schools, while not abolishing existing ones. Decision flags private schooling rights amid busing protests and outlines compliance expectations for nonpublic education. Defendants indicted in 1923 for failing to send children to a state-certified school. their Tabernacle school opened in 1973. They were fined and ordered to enroll children in compliant schools.
MENTIONED IN THIS ARTICLE
Levi Whisner
Tabernacle Christian School
Bradford
Martin Essex
Public Instruction
State Board of Education
Essex
Darke County
Grand Jury
Tabernacle School
Common Pleas
Appeals
Lorain County Farm Bureau Grain Bids Set at Market Close
Lorain County Farm Bureau posted closing bids for grain yesterday, listing wheat at 2.90 dollars per bushel, shelled corn at 2.73, oats at 1.40, and soybeans at 0.60 per bushel.
MENTIONED IN THIS ARTICLE
County Grain
Lorain County Farm Bureau
Wall Street Advances as Industrial Stocks Rise Early
The AP reports early gains on the New York Stock Exchange with the Dow Jones industrial average up and leading movers higher. Investors continued the upswing from yesterday as gainers outpaced losers in a buoyant market.
MENTIONED IN THIS ARTICLE
New York
Sikes Faces House Reprimand Over Stock Trades
The House weighs reprimand for Rep. Robert L. F. Sikes after an ethics committee report found he bought 2,500 shares of First Navy Bank stock and held 1,000 shares in Fairchild Industries while using his office to help the bank’s establishment at Pensacola Naval Air Station. The action would be the first punishment of a member since 1969.
MENTIONED IN THIS ARTICLE
Washington
House of Representatives
Adam Clayton Powell
Robert L. F. Sikes
Florida
House Ethics Committee
Sikes
Powell
D-Fla
House
Military Construction Appropriations Subcommittee
First Navy Bank
Pensacola, Fla. Naval Air Station
Hoge
Fairchild Industries, Inc
Natural gas rate hikes postponed by court order
A federal appeals court granted a stay on new natural gas rates set by the Federal Power Commission. The delay may last at least until further order, following a lawsuit by consumer, labor, and government groups seeking an indefinite stay. The proposed increases would have raised the average household bill by about 15.80 dollars a year.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Circuit Court of Appeals
District of Columbia
Federal Power Commission
Browns cut Hazel Essex trades and Bengals trade
The Cleveland Browns released three preseason players Kerry Marbury, Dave Hazel, and Norm Jacobs. Bengals traded running back Essex Johnson to Tampa Bay Buccaneers for undisclosed considerations.
MENTIONED IN THIS ARTICLE
Cleveland Browns
Kerry Marbury
Seattle Seahawks
Dave Hazel
Ohio State
Minnesota Vikings
University of Cincinnati
Norm Jacobs
Cincinnati Bengals
Essex Johnson
Tampa Bay Buccaneers
WMA
National Football League
Work-by-the-book policy slows air traffic nationwide
Air controllers in a slowdown enforce minimum FAA safety distances but may extend them causing potential delays at busy airports. Officials say safety remains intact yet carriers report schedule impacts and possible gate holds and diversions as some centers adhere strictly to procedures.
MENTIONED IN THIS ARTICLE
FAA
Oberlin
Apatco
Cleveland
Tom Jones
Cleveland ‘Hopkins International Airport
Hopkins
Robert C. Fletcher
American Airlines
Fletcher
Los Angeles
New York
Eastern Airlines
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A+ Chronicle-Telegram
Elyria
Irving Bluestone
Bluestone
Thomas Murphy
Elliott Estes
Ently
Waters
Archer
Broad ST
Browns
Hazel
Mum
Columbus
Chicago
Midwest
USDA
Citizens Home Savings
Proctor-Silex
U.S
Fs.lic
Broadway Lorain
Cleveland Ave
Amherst
The
Golden Crescent
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