Chrysler sells 250 million in stock to fund future programs
Chrysler Corp begins selling 250 million dollars in new preferred stock to finance seven point five billion dollars in five year spending. Analysts see the large offering as evidence of strong demand for the preferred shares and warrants. The move follows renewed scrutiny of the Dodge Omni and Plymouth Horizon steering performance with industry reviews and a federal safety probe underway.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Chrysler Corp
Chrysler
Merril Lynch
Pierce, Fenner & Smith
First Boston Corp
Car and Driver Magazine
Davis
Horizon
Consumers Union
Kennedy backs Carter urban plan for cities
Senator Edward Kennedy told more than 800 mayors at the U S Conference of Mayors that President Carter's national urban policy marks a new day for American cities. Administration officials say funds target distressed urban areas, with a National Development Bank to aid renovations and expansions.
MENTIONED IN THIS ARTICLE
Atlanta
UPI
Edward Kennedy
D-Mass
Carter
U.S. Conference of Mayors
Kennedy
Commerce
Juanita Kreps
Walter Mondale
Syracuse
N.Y
Lee Alexander
National Development Bank
America
Oil minister warns prices to rise slowly
Geneva based report says Saudi Oil Minister Sheik Ahmed Zaki Yamani urged a gradual oil price rise starting in 1979 to avoid a repeat of the 1973 crisis. He spoke as OPEC ended a three day meeting with a continued price freeze for 1977, despite protests from Algeria, Iraq and Libya. The gathering exposed tensions between Saudi leadership and hawkish members over prices and dollar pricing.
MENTIONED IN THIS ARTICLE
Geneva
Switzerland
UPI
Saudi Arabia
OPEC
Sheik Ahmed Zaki Yamani
Yamani
Organization of Petroleum Exporting Countries
U.S
Algeria
Iraq
Libya
Honorable mugger returns part of that
In Memphis, a robber who mugged Louis Bonicelli kept his word and mailed back his driver's license, which Bonicelli had struggled to obtain because of an eye problem. The thief also sent Bonicelli's credit cards, $120, and a silver belt buckle. Bonicelli expressed mixed feelings but noted the license's return and hoped the suspect would not reappear.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
UPI
Louis Bonicelli
Bonicelli
Man Survives Monumental Binge In Tennessee
In Nashville a 30 year old house painter from Ashland City named James Thomas Cook survived a blood alcohol reading of .57 percent after a June 8 drunk driving arrest. Doctors say such a level is typically fatal. Judge Steve North ordered at least 10 weeks in a state alcohol treatment facility. Cook has one prior DUI conviction from 1975.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
UPI
James Thomas Cook
Ashland City
Vic Bellos
Bellos
Steve North
Cook
Middle Tennessee Mental Health Institute
Belios
Jim Kendall
Maazel Delivers Save of the Century With Luisa Miller Return
Conductor Lorin Maazel urged the Royal Opera Covent Garden to revive Verdi Luisa Miller. Audiences cheered as Luciano Pavarotti Leo Nucci and Katia Ricciarelli performed aria rich roles. Evening Standard hailed the performance as marvelous under Maazel’s baton. Maazel argued the neglected work deserves revival and strong casting can meet its vocal demands.
MENTIONED IN THIS ARTICLE
London
UPI
Lorin Maazel
Royal Opera
Covent Garden
Cleveland Orchestra
Luciano Pavarotti
Leo Nucci
Katia Ricciarelli
Evening Standard
Maazel
Luisa Miller
Luisa
Luxaire expansion eyed to 1000 jobs in city boost
Industry growth aims to add about 365 workers to Luxaire plant over two to three years at a $1.5 million cost with potential to reach $5 million in capital expansion. Expansion hinges on improved plant access from the city’s west ward street extension and UDAG funding to satisfy HUD. Company has partnered with the city for years, funding land borings in 1976 for bridge routes.
MENTIONED IN THIS ARTICLE
Hill
Luxaire
HUD
UDAG
Government may pay swine flu shot claims
The government may settle about 775 million dollars in swine flu damage claims, half of which involve Guillain-Barre syndrome linked to the aborted 1976 immunization program. The Justice Department studies more than 1,400 claims spanning heart attacks to lost work time as HEW outlines the legal tangle.
MENTIONED IN THIS ARTICLE
Washington
UPI
Justice Department
HEW
Joseph Califano
Guillain-Barre
Department of Health, Education and Welfare
Second Class Mail Privileges Authorized at Elyria Ohio
The Lorain County Printing and Publishing Co lists daily and Sunday mail rates with $52.1 per year in advance for United States subscriptions. Dispatches note Mobutu Sese Seko planning to seek light tanks from China while Western allies urge regime liberalization for more aid. Tito condemns Soviet pressure on communist parties seeking new paths to socialism.
MENTIONED IN THIS ARTICLE
Elyria
Ohio
Lorain County
Kinshasa
Zaire
UPI
Mobutu Sese Seko
China
United States
Canada
Britain
France
West Germany
Mobutu
Brussels
Belgrade
Yugoslavia
Josip Broz Tito
Soviet Union
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Merrill Lynch
Merrill Lynch Retirement Income Forum
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David Davis
Carter Urban Plan
Hawks
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By Richard Demby
G.ai Realtor
Jouse
Demby
Elyria Board of Realtors
Demby Real Estate
Middle Ave
Janesville
Wisc
THE
Ing
Mid-Ohio Securities Corp
Broad St
the Chronicle-Telegram
East Avenue
Ltne
Tito
BlyvoorGid
Brown Fund
Doornintein
Elrefmtein Adr
Kate Adr
LibanonGld Adr
Manor
Cate
Massinco
StFarmBalFd
DiGiorgio Cp Lincoln Tel
Rochstr
Wix Corp
LFE Corg
Com- Rogers Cpn
ATS OL Bis Supron Energy
Rogers Cpn
Sthnindust
FIR Almanex Ltd
Oreaneerng Ant Amer Garden
AmGenConvert AL
Ob Argus Cp
Tal Plonda Minng FrnkIn
Guarnlee FinCal
Lfeco
Miller Henry Nu
Gd) Co
Southern Ca
Sybron
Toledo Edison
Appara
Union Pacific Corp
Woolworth
Iit
Clare
Oberin
J.C. Insurance Bar Bonding Agency
Elyria, Ohio
Wickliffe
Euclid Avenue
Brecksville
Holiday Inn
Turnpike
Loran
Retirement Income Forum
Public Square
Cleveland
Merri Lynch
Pierce Fenner & Smith Inc
Merrill Lynch Pierce Fenner & Smith Inc
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