May wholesale prices inch up as unemployment dips
Washington reports a modest 0.4 percent rise in May wholesale prices with unemployment easing to 6.9 percent. Food prices fall for the first time in six months while coffee and fuel prices vary. Total employment rises for the seventh straight month to 90.4 million with factory hiring up in fabricated metal machinery and electrical equipment sectors.
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Washington
CPI
Labor Department
May
Michigan launches the numbers game in Michigan
Detroit AP reports Michigan begins the Daily Game lottery with 30 to 40 spots in southeastern lower Michigan. The first drawing is 7:25 p.m. Monday. Lottery Commissioner Gus Harrison says the program should yield 90 million dollars in year one and 160 to 170 million in year two. Bets range from 50 cents to six dollars with straight or combination plays. Drawings run six nights weekly andMichigan’s existing Michigan and Instant Game will not change.
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Twentieth Century Fox stock soars on Star Wars buzz
The NYSE shows Twentieth Century Fox as the most active stock for three days boosted by rave notices for a new science fiction film. Traders bid up the price from 11 to a high near 187 percent before easing to 1832 by close. Star Wars figures Artoo-Detoo and See-Threepio appear on a Tatooine homestead boosting investor optimism.
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UPI
Strike Cuts Cleveland Taxi Operation 20 Percent
In Cleveland a wildcat strike by cabbies protesting a leasing system cut Yellow Cab operations by 20 percent. About 150 cabs ran during rush hour from 200, with drivers urged to reject leases. Basil Russo said a study plan for owner operated cabs and new associations to end years of monopoly would be offered within a week.
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Doctor claims six tonsillectomies on one patient
Washington AP reports a doctor says he performed six tonsillectomies on the same patient last year with government covering the bills. The probe targets Medicaid waste and abuse as the government readies a nationwide investigation. Drug and health care providers are focus as billions in improper Medicaid charges are suspected.
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Washington (Ap
Tom Morris
Department of Health, Education and Welfare
Ohio judges seek pay raises approved by panel
The House Judiciary Committee in Columbus backed legislation boosting salaries for judges. Chief justice would rise from 43 000 to 80 000 annually, associates from 40 000 to 53 000, Court of Appeals from 37 000 to 49 000, and other court positions across state levels with varying scales. The measure now moves to the Rules Committee for floor consideration.
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KSU Presidential Candidate Faces Controversy
Robert Blakemore, head of Kent State's presidential search panel, says Dr. Thomas Bonner of Union College is a serious candidate despite controversy at his own school. Bonner recently received a 102-29 faculty rating.
Mail theft scare as a welfare check leads to chase
In Orlando a postal carrier fled from an angry woman who did not receive her welfare check. She grabbed mail from his bag and threw it, prompting an investigation by police and postal inspectors. No charges were filed as yet.
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Orlando
Fla
UPI
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Horn
Carter asserts human rights push remains loud despite harassment
The Carter administration vows its human rights advocacy will not be silenced by harassment of dissidents, with Press Secretary Powell noting the policy applies to all nations. The move follows reports that Anatoly Shcharansky, a 32 year old Soviet Jewish computer specialist and leading dissident, is being charged with treason in Moscow after being denied emigration to Israel in 1973.
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Folger cuts wholesale price of coffee below four dollars
Folger Coffee Co. reduces wholesale list price from 4.18 to 3.98 a pound, citing declines in imported green coffee costs. The move follows prior peaks near 4.46 and precedes potential retail impact. Folger, a Procter & Gamble unit, notes no immediate pass through to shelves and that other roasters have not matched the cut.
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Avon mayor’s traffic citation order upheld by court
Ohio Ninth District Court of Appeals ruled Avon Mayor Donald Hubbard may require the city police to issue traffic tickets as city ordinances rather than state law. The decision sustains a Lorain County Common Pleas ruling. It was unclear if police counsel will appeal. The order followed patrolmen shifting to state-law tickets on May 12, 1976 after pay raise disputes.
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Ohio Ninth District Court of Appeals
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Lorain County
Lorain County grain prices reported by Farm Bureau
Lorain County Farm Bureau Cooperative Association, Inc. notes closing market prices for local grain: wheat at 1.92 per bushel, shelled corn 2.16, oats 1.52, and soybeans 9.00 per bushel.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
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