07 Mar 1980
Page 1
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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 07, 1980
Page
1
Rowland Evans and Robert Novak note Ford’s surge as Republicans target the Florida primary. They describe Ford's attack on Carter ahead of an interview, with lines about Secret Service limousines and Club decrying rivals Reagan Bush and Anderson.
Citibank raises the prime rate by a half point to 17.4 percent, the highest yet, the sixth increase this year. Chair Walter Winston cited rising funds costs but kept the move moderate. Analysts foresee further pressure toward 20 percent. News notes also cover wholesale price surge, unemployment dip, and oil-driven inflation.
Iranian Foreign Minister Sadegh Ghotbzadeh said the 50 American hostages might be moved from the U S Embassy on Saturday to an undisclosed location for U N interviews. Militants said Ayatollah Khomeini would not allow transfers until the shah returns. Thousands protested the embassy siege as militants pledged to hand the captives to Iran’s government. A BBC Tehran report noted a prayer meeting demanding shah extradition and recovery of plundered riches. Page A-4.
Ford Motor Co vice president John Betti testified before the Senate committee urging that multiyear investments in people and Cleveland facilities make it unthinkable to abandon the area. He noted Engine Plant No. 2’s conversion to a new engine and possible long shutdown, explaining past conversions created more jobs later.
Rain tonight with a low in the copper 30s. Showers Saturday with a chance of precipitation near the middle or upper section. Details on Page B-5.
Kid Leo at WMMS is highlighted as a top disc jockey while Sissy Spacek, resembling Loretta Lynn, headlines Coal Miner’s Daughter, Loretta Lynn’s life story. The note promotes Encore, the CT's entertainment television magazine.
A solvent spill in Olmsted High School chemistry wing sent fumes through the south end area causing evacuation and medical checks. Teacher Heller and students suffered dizziness. Dr Salomon notes cyclohexane fumes are flammable but not toxic if ingested. Fire units aided while officials review safety measures and storage protocols.
Mayor Michael B. Keys said he is behind schedule on permanent appropriations and may not issue a recommendation on the one-half percent income tax until a Finance Committee meeting on Tuesday. If delayed, a special council session could be called to discuss appropriations and tax renewal before the June expiration. Keys may seek renewal to fund capital improvements.
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