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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 20, 1975
Page
2
The February Consumer Price Index shows a 0.6 percent rise driven by higher services and finished goods costs while food prices edged up only 0.1 percent. Real spendable earnings fell 0.5 percent as hourly wages rose slightly, and annual inflation remains high but moderating from 1974 peaks.
Union members at Elyria Telephone Co picketed the offices in a wildcat strike amid contract disputes. A mail ballot in Cleveland offers a 12.5 percent retroactive wage increase if workers approve. If rejected, a strike date will be set by CWA HQ. Mediation eyed to discuss terms.
FBI focus ties Scott family to SLA figures and Patty Hearst case. Bill Walton and Oregon home connected to Scotts. Walton denies knowledge of Hearst whereabouts. Brandt and Soliah ties emerge. Hearst kidnapping and related charges loom. Cuba trips note for Scott amid broader terror link investigations.
Roy Wetzel is charged after his son Willy Wetzel was found dead from strangulation and blows to the head. Neighbors describe a bloody scene as police display mangled weapons, including a bent sword. Authorities expect a possible manslaughter plea, while some locals call Roy a folk hero for defeating his father in a Kung Fu confrontation.
Ohio grain price report shows yesterday to today changes across regions. Northeast values list No. 2 Wheat 3.27 unchanged No. 2 Shelled Corn 2.65 higher No. 2 Oats 1.46 unchanged No. 51 Soybeans 5.14 sharply higher. Northwest No. 2 Wheat 4.34 unchanged No. 2 Shelled Corn 2.66 higher No. 2 Oats 1.53 unchanged No. 27 sharply higher. Other lines show mixed shifts in No. 2 Wheat and No. 2 Shelled Corn with varying gains and stability.
Edison Co has filed a registration with the SEC for a proposed public offering of four million shares of common stock. The offering is expected April 15 with a par value of 9 dollars. Underwriters include Morgan Stanley, Merrill Lynch, Kidder Peabody. A prospectus is available from the underwriters.
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