How Carters sliced their '75 tax bite
The Elyria Chronicle Telegram recounts the Carter family's 1975 tax return details. It notes deductions on Schedule A including medical premiums and taxes, exemptions for Jimmy Rosalynn and Amy, plus adjustments from income averaging, a $30 per person credit, and a 10 percent investment credit for the peanut warehouse equipment. The computed tax fell to about $16,702 with a refund of $7,089.10 after withholdings and estimated payments, pending IRS audit.
MENTIONED IN THIS ARTICLE
Georgia
Rosalynn
Alice Smth
Jimmy
Amy Carter
Carters
Bob Perry
Perry
Carter
Skytrain seeks 135 dollar transatlantic fare approval
The Civil Aeronautics Board urges President Carter to approve Laker Airways Skytrain flights at 135 dollars each way New York to London. The plan would slot six hour first-come sales with no reservations and require U.S. airline participation under a one-year trial. Carter must grant final clearance for the foreign route.
MENTIONED IN THIS ARTICLE
Washington
UPI
Civil Aeronautics Board
Carter
Britain
Laker Airways
Laker
New York
United States
Skytrain
U.S
Stang Motor to drop AMC sales in Elyria
Stang Motor Sales Inc. at 820 Cleveland St will stop selling American Motors Corp. cars and focus on Datsun and used cars. GM Terry Tracey says Jeep franchise was refused and profitability was insufficient. AMC warranty work will shift to nearby dealers in North Olmsted Berea or Lorain. repairs continue.
MENTIONED IN THIS ARTICLE
Stang Motor Sales Inc
Cleveland St
American Motors Corp
Stang
AMC
Terry Tracey
Jeep
American Motors
Lorain
North Olmsted
Berea
New York
Citibank
Dow
NYSE
Bank
American Stock Exchange
PepsiCo
Phil Mort
Arka
Ita Ralston
Wiebe
Wiebe Acyan Bint
Reich
Scott Pap
Am Motors
Sears
Singer
Sou Pac
Gia Armico Sia
Mae
Asbl Oil Sperry
Arcoles
Beodix
Texaco
Stoe
Tunka Borden Minh
Uniroyal
US Steel
Chrysler
Westp
Eli
Weyerhr Byun
Colca
Ty Col Gas Bae
Xerox Corp
May
Va.m
Curtes
Pierre R Smith Co
Dayt Pl
da- American Machine& Foundry
Dowdh
Americas Ship Building
Dresser HG
American
Ah du Post
Bendix
Eaton
CPC International, Inc
Min Fc
Dart Ind
Goodrich
Ga Food
Industries
Go Motorun Kewanee Industries
Koehring
TMG Lear Siegler
Paci
Gillette Ae National Gypsum
Bae Ohio Edison
Goodyr Wa
Richmond Corp
Searle
Gulf Oi
Smmucker
Hercules
IBM
Taledo Edison
Union Pacific Corp
Vietor
Woolworth F.W
Joy Mig
UN Koppers IF
LOF Kroger
LykesCp
Maratha
McDonb Batu Mead Corp
He Owen DJ Iva
Cleveland Trust raises savings account interest rates
Cleveland Trust announced multiple rate increases effective June 30 and July 7 affecting savings accounts, passbooks, income certificates, and retirement plans. Rates rise to 5 percent on 90 day passbooks, 5 to 6 percent on various 12 to 47 month plans, up to 7.4 percent for IRAs and Keogh plans, with minimum deposits of 1000 dollars.
MENTIONED IN THIS ARTICLE
Cleveland Trust
Dress Echoes Between Rosalynn Carter and Olga Samper
In Bogota at a reception, Rosalynn Carter and Olga Samper admired matching dresses. Mrs. Carter complimented Samper as they shook hands, noting the similar aqua and shrimp colors and that Samper bought her dress in a New York department store.
MENTIONED IN THIS ARTICLE
Bogota
Colombia
Rosalynn Carter
Alfonso Lonez
Mrs. Samper
Mrs. Carter
New York
Stewart Appliance Opens Expanded Store With Homey Theme
A grand opening celebrates Stewart Appliance at 468 Cleveland St with 1500 extra square feet of sales space and 3000 square feet of warehouse space. The eastward addition features a homelike appliance setting as Marylou George demonstrates a sink and cabinets to a customer. The event runs through the next two weekends on Thursdays through Saturdays and features Amana, Hardwick, Frigidaire, Magnavox, and Sylvania lines plus a complete audio section.
MENTIONED IN THIS ARTICLE
Stewart Appliance
Cleveland St
Marylou George
Stewart Ap
Pliance
John Devereux
Wellington
Amana
Hardwick
Frigidaire
Magnavox
Sylvania
Jeff Bishop
Sanchez named to Lorain County Community College post
Luis T. Sanchez of Lorain was named to succeed a trustee who resigned in protest of a financial disclosure ruling. The 63 year old retired Lorain-Cuyahoga Works executive will replace Robert Baumgartner of Wellington, who left the Ridge Tool Co. board after opposing the ethics filing rule. Sanchez, a Puerto Rico native who arrived in 1936, holds a metallurgy degree from Holy Cross College.
MENTIONED IN THIS ARTICLE
Luis T. Sanchez
Lorain
Lorain County Community College Board of Trustee
James A. Rhodes
Sanchez
Reed Hill
Lorain-Cuyahoga
U. S. Steel Corp
Robert Baumgartner
Wellington
Ridge Tool Co
Ridge Tool
Baumgartner
State
San Juan
Puerto Rico
Holy Cross College
Lorain seeks block grant records amid NAACP criticism
Prudoff says requested records are protected by state and federal law. NAACP objects to large expenditures on furniture and equipment, cars, and travel, calling the costs highly improper for a program meant to aid the poorest citizens. It accuses bids processes of being bypassed despite a cited change by Community Development.
MENTIONED IN THIS ARTICLE
NAACP
United States
Lorain man wins big pots in Ohio Lottery drawings
Lorain and Cleveland area players scored across multiple Ohio Lottery games. Cecilia Zgodzinski and Fisie Nagy shared a Pot O Gold top prize of 130,000 dollars, with others in Maple Heights and Cleveland also winning amounts from 5,000 to 50,000 dollars. Additional seven figure and local winners were noted, including a Findlay College staffer and several regional participants.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Magnetic International
Maple Heights
Cecilia Zgodzinski
Macedonia
Fisie Nagy
Gary M. Pickett
Forest
Findlay College
E. Hamnaford
Cincinnati
Towick
Floyd A. Thomas
Homewood Dr
Lorain
Warren Whitis
West Chester
Virginia L. Zimmerman
Dayton
Hershel
Bicycle cops patrol Los Angeles in latest crime beat
Police in Los Angeles unveiled a new unit of officers on 10 speed bicycles patrolling Skid Row and other areas. Since late May the bike squad, led by Sgt Sai Hoyas, has made seven felonies arrests and helped recover a stolen vehicle. They say bicycles let them reach places patrol cars cannot and respond quickly to in progress crimes.
MENTIONED IN THIS ARTICLE
Suiccess
Sai Hoyas
Special Problems
New contract averts Lorain steel strike
United Steel Workers Local 1104 reached a Pittsburgh agreement on local issues ending a looming Lorain strike. Local president Martin Bartos said the group accepted what they could, with contracting out and the incentive plan to be negotiated at the next settlement.
MENTIONED IN THIS ARTICLE
Lorain
United Steel Workers Local 1104
Pittsburgh
Martin Bartos
Local 1104
Bartos
Carl J. Roberts
USW
William Shlapack
International Union
Lorain labor leader named USW assistant district director
Carl J. Roberts, a Lorain labor leader and three term president of DSW Local 1104 at U.S. Steel Lorain Cuyahoga Works, was appointed assistant district director of United Steel Workers District 28 by Frank J. Valenta. The district covers 35,000 USW members in Lorain, Cleveland and Akron. Roberts will work from the District 28 headquarters at 14600 Detroit Ave., Lakewood.
MENTIONED IN THIS ARTICLE
Carl J. Roberts
Lorain
United Steel Workers District 28
Frank J. Valenta
USW
Cleveland
Akron
Roberts
DSW
U.S. Steel
Lorain-Cuyahoga
Valenta
Joseph J. Kender
Parma
Pittsburgh
Detroit Ave
Lakewood
Grain bids reported by Lorain County Farm Bureau Cooperative
Lorain County Farm Bureau Cooperative Association reports yesterday's market closes with Wheat at 1.87 per bushel Shelled corn 2.04 oats 1.41 soybeans 8.23 per bushel today.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Finance opens with Wall Street rate on blue-chip loans
AP report notes a maintained 6 percent postal rate on blue-chip loans while egg and poultry markets show fluctuating price levels across major cities. USDA offerings steady with mixed wholesale egg prices and varied poultry carton prices in Chicago, New York, and Columbus.
MENTIONED IN THIS ARTICLE
Columbus
Oto
New York
USDA
Chicago
Midwest
Stralls
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Red Chronicle-Telegram
Elyria
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Stang Motor
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Massachusetts Institute of Technology
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Lorain County
Pennsylvania
Lot- Bakers Dozen
Michigan Lottery
6Land
Los Angeles
Beas
Hoyas
Lorain Steel
Mutuals
Allstate
Finance
Wall Street
Murray Ridge Center
Eleanor West
Citizen's Committee
Stewart
Eec
Stewart's
Byria
Steven
Sohm Hom
Cerome Coriidge
Selec
Tor Pwitch
Gustin
GM Fourchonn
Oram