Grafton couple to build a cycle plant in West Virginia
A Grafton couple Billy N Kennedy and his wife Joan with West Virginia partner plan a $12 million American Motorcycle Co. facility to manufacture street cycles near Braxton and Roane counties. Headquarters will be in Elyria with a 360,000 square foot plant and 1,500 to 2,000 employees. They expect limited production next spring and about 50,000 motorcycles a year within five years. The firm will not seek loans. Stonestreet Inc. is a partner with interests in gas and oil and real estate. Prototypes are underway as development begins for three styles. The Kennedys operate Elyria Triumph Sales and Medina Sportcycles.
MENTIONED IN THIS ARTICLE
Grafton
Elyria
Medina
West Virginia
Billy N. Kennedy
Joan
C. V
Vance
Stonestreet
Kennedys
Elyria Triumph
Lowell St
Medina Sportcycles, Inc
Pearl Rd
Kennedy
U.S
Harley-Davidson Co
Kenne
American Motorcycle Co
Lowell Street
Braxton County
Commerce Dept
Stonestreet Land Co
Roane County
Elyria Cycle
Medina Outlet
Giles Rd
Three Congressmen Cited For Franking Violations By Panel
The Commission on Congressional Mailing Standards cited three Republicans for improper use of the franking privilege during its first year and a half of operation. John Hunt of New Jersey, William Scherle of Iowa, and Earl Landgrebe of Indiana refunded small amounts after self promotional mailings and campaign trips.
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Washington
House
Commission
Morris K. Udall
D-Ariz
Commission On Congressional
John Hunt
New Jersey
Hunt
John Wayne
U.S. Treasury
William Scherle
Iowa
Earl Landgrebe
Indiana
Scherle
Landgrebe
Gilbert Gude
Sam Young
R-Nl
Young
Gene Taylor
R-Mo
Taylor
Teamsters rejection at Aztec upheld by appeals panel
A three member NLRB appeals panel upheld the Aztec Chemical Co Teamsters Local 571 election result. The panel 2 to 1 certified the March 1974 vote showing 19 for and 19 against Teamsters, rejecting calls for a new election while noting some interrogations violated 8(a)(1) but not the election overall. The panel found Benton’s suspension not for union activity. Congress critiques Ford for not consulting before Mayaguez rescue. lawmakers seek future congressional advice in emergencies.
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Teamsters Union Local 571
Garden Street
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Earl) Benton
Benton
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UPI
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Congress
Mayaguez
Cambodia
Capitol Hill
John Seiberling
Ohio
Thomas Eagleton
D-Mo
Plentiful fuel supply seen for summer travel costs
A Chicago Tribune summary reports gasoline should be plentiful yet pricier for summer travel. Oil Journal notes oversupply may keep prices high while demand rises slightly from 1974. Ford proposed a $1 crude tax and the FEAs forecast 14 to 15 cent increases, with 70 cents per gallon nationwide. Consumers cut usage amid high prices and recession.
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The
Oil and Gas Journal
Journal of the Petroleum Industry
Federal Energy Administration
Ford Administration
Herbert Hugo
Platt
Oilgram
Hugo
Abner J. Mikva
May best car sales report masks a continuing slump
May sales topped April by 17 percent but remain 21 percent below last year's levels. Chrysler rose 42 percent thanks to a $200 rebate on Valiant and Dart, while GM up 16 percent Ford 9 AMC 2. Imports lost market share as fuel efficient small cars gain. In Austin, Robert Kleasen was sentenced to death for the dismemberment murder of Mark Fischer, with appeal planned.
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New York
UPL
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Timkin
Whoh
AGF
India Trans W Air
TRW
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UAL Inc
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Amt
Emerson
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Fruehauf
Colgate
Goodrich
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Lear Siegler
ConsmPw
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Curtiss
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THY
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Natl Airlines
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Starrer LS
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Keystone
Putnam
Stocks Slip At Open As Dow Dips On Weak Start
New York stocks opened lower amid continuing downtrend. The Dow industrials fell about one point while winners edged out losers 3 to 2 on the NYSE. The Dow index slid 6.18 to 839.98. NYSE composite fell 11 to 49.24. Amex rose 0.43 to 90.04.
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NEW York
New York Stock Exchange
Tehran
Iran
NYSE
American Stock Exchange
Venezuela orders hiring to boost employment
President Carlos Andres Perez decreed that all firms with more than ten workers must raise staff by at least five percent. The aim is to lift employment by about 100,000, the decree said, targeting broad job growth across the economy.
MENTIONED IN THIS ARTICLE
Caracas
UPI
Carlos Andres Perez
Wholesale price rise slows in May led by farm products
Wholesale prices rose 0.4 percent in May after April’s jump, with two thirds of the gain from farm products. Agricultural prices increased 0.6 percent, lifted by livestock, cotton, potatoes, poultry and eggs, while industrial prices were steadier, up about two tenths.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Sie ‘Ee
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