Gas deregulation push faces oil industry power and price fears
President Ford urges Congress to deregulate interstate natural gas prices, arguing higher production and lower shortages, while critics note past FPC price hikes and industry withholding. Interior warns only timid moves against oil majors. Senate proposals urge competition and a federal oil and gas exploration firm to curb monopolistic price controls.
MENTIONED IN THIS ARTICLE
Ford
Congress
Federal Power Commission
FPC
John Nassikas
Commission
Exxons
Washington
White House
Ford White House
James Abourezk
D.D
Adlai Stevenson
D-Ii
Replica Golden Hinde II Arrives as Bay Greets flotilla
The Golden Hinde II, a 16th century galleon replica, arrived Saturday ending a five month voyage from Plymouth England. Thousands watched as more than 150 small vessels escorted her beneath the Golden Gate Bridge to berth near Fisherman's Wharf as a nautical museum.
MENTIONED IN THIS ARTICLE
Plymouth
England
San Francisco Bay
Golden Gate Bridge
Sir Frances Drake
Fisherman’s Wharf
Cleveland Quarries cited for noise enforcement action
Officials of the Cleveland Quarries Co in Amherst Township will reduce noisy drilling and channel machinery after a four day January inspection by the U S Mining Enforcement and Safety Administration found six violations of noise standards. Three drill operators and three channel machine operators exceeded limits while nine surface mill workers were within acceptable levels. Dust tests on 14 workers showed no violations. Shackleton said abatement equipment should be installed but earmuffs may be used until then with a spot check planned to verify noise reductions.
MENTIONED IN THIS ARTICLE
Cleveland Quarries Co
Amherst Township
U.S. Mining Enforcement and Safety Administration
U.S
Dennis R. Shackleton
Newark, Ohio
Shackleton
Ford dealers offer $300 rebate on Elite car in Cleveland district
In Cleveland district, 154 Ford dealerships will give a $300 rebate to buyers of the Elite mid sized car. The offer runs through March 31 with about 1600 units available from local inventories. The plan mirrors a company program and uses a trust fund managed by Manufacturers' National Bank of Detroit.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Ford
Ohio
Pennsylvania
James R. Marsh
Ford Dealer Advertising Fund Committee
Shaker Heights
Marsh
National Bank of Detroit
Bendix Slashes Third Shift After Truck Sales Decline
Bendix Corp Heavy Vehicle Systems Group in Elyria ended its third shift and has laid off 261 workers since September as truck manufacturers cut orders. Of the total laid off, 213 were hourly and 48 salaried. The plant now employs 622 hourly and 521 salaried workers. The company warned further layoffs could occur if the downturn persists.
MENTIONED IN THIS ARTICLE
Bendix Corp. Heavy Vehicle Systems Group
Elyria
Bendix
United Auto Workers Local
Group to restructure Ohio railroads plan explained
Bill Rados reports the U S Railway Association will brief Ohio leaders in Cleveland on plans to restructure seven bankrupt railroads in 17 states and the District of Columbia. A final plan must reach Congress by July 26 with ConRail as the operating entity and expanded passenger service noted.
MENTIONED IN THIS ARTICLE
Ohio Railroads
Bill Rados
U.S. Railway Association
Cleveland
Richard C. Sullivan
Association
Ohio
Holiday Inn
Lakeside Avenue
USRA
Midwestern
District of Columbia
Congress
Consolidated Railroad Corp
ConRail
Auto dealers launch Lorain County advertising blitz
Lorain County residents will see signs as area auto dealers mount a 20 000 advertising campaign to draw buyers. A breakfast meeting at the Rt 57 Holiday Inn kicked off the effort with Elyria Mayor Leonard Reichlin Lorain Mayor Joseph Zahorec State Sen Donald Pease and State Rep Scribner Fauver in attendance. Meanwhile European leaders meet to discuss诱 inducements to keep Britain in the Common Market and options for a 35 nation summit, as Prime Minister Harold Wilson seeks to lower Britain’s EEC membership costs.
MENTIONED IN THIS ARTICLE
Lorain County
Rt. 57
Holiday Inn
Elyria
Leonard Reichlin
Lorain
Joseph Zahorec
Donald Pease
Scribner Fauver
C-T
Dublin
Ireland
Soviet Union
Harold Wilson
Britain
Fast food firms eye expansion around world
Washington AP notes the fast food industry plans to add outlets abroad, aiming for over 6,400 foreign locations by 1979, nearly quadrupling current numbers. Japan leads expansion, followed by Australia Europe and Canada, with foreign sales seen at least 2 billion dollars annually by 1979, up from 568 million in 1973.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Japan
Australia
Europe
Canada
Department
Economic Research Service
Fed cuts rate again as Wall Street opens higher
New York AP reports a new Federal Reserve rate cut keeps stocks in forward gear. The opening Dow Jones average rose slightly while gainers led 42 to 1 on the New York Stock Exchange, marking the third half point rate reduction this year.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
New York Stock Exchange
New orders spur hopes of upturn in business
Cleveland report by UPI notes Industry Week findings that slower decline in new orders signals a turning point. Carton makers see early upturns, computers for process industries surge 50 percent vs year ago, textiles expect late Q2 gains, and many firms reduce 10 percent excess inventories. Backlogs sustain production and limit layoffs in machine tools while steelmakers target backlog cleanup by May.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Industry Week
Unions honor police picket lines in Pleasantville
Off-duty police set picket lines at key entrances in Pleasantville New Jersey cutting off union services to 14200 residents. Teamsters and AFL-CIO members in the Delaware Valley vow not to cross the lines. Police protests follow city refusal to grant a $1000 annual wage increase in a new contract. Mayor Robert Johnson says no layoffs will occur.
MENTIONED IN THIS ARTICLE
Pleasantville
N.J
UPI
Atlantic County
Teamsters Union
Afl-Cio
Delaware Valley
Robert Johnson
Charges dropped for former White House aide Strachan
UPI reports U.S. District Judge John J. Sirica dismissed all charges against Gordon C. Strachan in the Watergate cover up at the special prosecutor’s request. Strachan became the second person charged in Watergate offenses to go free, following Kenneth Parkinson who was acquitted.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S
John J. Sirica
White House
Gordon C. Strachan
Strachan
Kenneth W. Parkinson
Lan
Also Mentioned on This Page
Chronicle-Telegram
Elyria, O., Mo
Department of the Interior
Midwest
Chevron
Gulf
Texaco
Shell
Exxon
Ralph Nader
Amancan Talyphone and Telegraph Co. Inc
Watteen Elecine Co
Ball Telephone Teboratones
John B. Simpson
Oberlin Ave
Sumpaca
U.S. Department of Transportation
Penn Central
Norwalk
Oberlin
Kipton
Northeast Ohio Areawide Coordinating Agency
Fireland
Elevator Association
Motor Transporta
Norfolk and Western
Wellington
NOACA
Ohio Department of Transportation
Amherst
Akron
Canton
Youngstown
Megadore
Spencer
Huntington
Greenwich
Chatfield
Delphos
Huron
DOT
Fast Food
Eye Expansion
Hovey
Kaiser Insurance Associates, Inc
Philip B. Kaiser
William ComerFord
Paul G. Hovey
Lorain County Bank
Karl W. Plocher
Wall Street
National Association of Purchasing Management
Fed
A.M
RCA
Ashland Oil
Standard Oil
Ind
Standard Oil Ohio
Atlantic Richfield
Babcock Wilcox
Sterling Drugs
StudeWorth
Bethlehem Steel
Texaco Boein
Chesapeake & Ohio
Chrysler
Aire
U.S. Steel
Columbia Gas
Westinghouse
Elec
Con N Gas
Hy Weyerhaeuser
Bendix Alieccan
Firestone
Chromalley
Flintkote
Ford Motor
CPC International. Inc
General Dynamics
O's
Dart Ind
General Electric
Emerson
S General Foods
Freehaul
General Mills
Goodrich
General Motors
Kewanee Oil
Dany He
Penney J.C
Pa P&l
PepsiCo
Dyaadlay Tronty
Cadi Cuda Phillips Petroleurt
Proctuer & Gambie
Pullman Inc
Lyria
J Lorain
Ralstan
NEW York Life Insurance Company
Bob Meyers
C.L.A
Midway Plaza
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