Gale topples huge rig and dozens die in disaster
A capsized offshore platform in the North Sea leaves 38 dead and more than 100 missing from the Alexander Kielland accident. Rescue crews scour 70 degree waters as officials warn survival chances fade. Norwegian Prime Minister Nordli travels to the scene amid ongoing inquiries.
MENTIONED IN THIS ARTICLE
Gale
Stavanger
Norway
UPI
North Sea
Alexander Kielland
Lloyd’s of London Insurance Company
Census forms go to 86 million households nationwide
The Census Bureau begins the 1980 count with 86 million households mailed forms and aims to reach about 222 million residents. The $1 billion operation asks for ages incomes origins and more while enforcing a legal deadline of April 1. The data supports congressional reapportionment and federal funding distribution.
MENTIONED IN THIS ARTICLE
Washington
UPI
Bureau of Census
United States
Bankers Lift Prime Rate to Record Nineteen Percent
New York CitiBank, the nation’s second-largest bank, raised its prime lending rate to a record 19 percent to curb inflation and slow the economy. The move signals tighter credit and higher borrowing costs for businesses and consumers nationwide.
MENTIONED IN THIS ARTICLE
New York
Citibank
Paye-11 Average family income and rising prime rate
The Paye-11 Average family now earns 517 dollars weekly as rates climb. In March the government tightened credit causing loan costs to rise for top corporate borrowers. The prime rate, previously 12 percent before August, surged to 16 percent by early March and 19 percent by mid March, with expectations to top 20 percent soon.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Oscar night preview for Kramer vs. Kramer contenders
Encore magazine presents critics Gary Hengstler and Kathryn Buchanan analyzing likely winners at the 1979 Academy Awards telecast on April 14. They discuss major categories and why Kramer vs. Kramer could dominate, outlining key rival films and performances.
MENTIONED IN THIS ARTICLE
T Film
Gary Hengstler
Kathryn Buchanan
Rainy Weather Tonight And Saturday Outlook
Rainy tonight with a low near 40 and a 90 percent chance of precipitation. Saturday brings showers with highs near 50 and a 60 percent chance. Winds 10 to 15 mph this afternoon and tonight. Sunrise 6 18, sunset 6 48. Details on Page B 3.
Admiral King eyeing AAA basketball final in Columbus
Lorain County’s Cinderella Admiral King advances to the AAA finals in Columbus after a thrilling overtime win over Linden-McKinley. The team relies on clutch plays including a high-flying finish by Eric Morrison, who scored 33 points. Details on Pages B5-B7.
MENTIONED IN THIS ARTICLE
Lorain County
Admiral King
Columbus
Linden-McKinley
The
Admirals
Eric Morrison
Dave Zapotosky
Negin elected president of Ohio Prep Sports Writers Assoc
Chronicle-Telegram sports writer Roger Negin was elected president of the Ohio Prep Sports Writers Association. A WUAE TV Channel 43 bulletin noted the championship high school basketball game will be broadcast Saturday at 11 a.m.
MENTIONED IN THIS ARTICLE
Chronicle-Telegram
Roger Negin
Ohio Prep Sports Writers Association
Wuae-Tv
Channel 43
Lorain County approves $39 million 1980 budget plan
Lorain County commissioners approved a $39 million 1980 budget funding county government operations. The general fund totals $6.65 million with a potential later supplement, while about $3.3 million will come from real estate and tangible personal taxes, supplemented by highway, health and child welfare levies and federal funds. A $500,000 debt retirement fund holds bond payments for the county administration building.
MENTIONED IN THIS ARTICLE
Lorain County
Dominick A. Dellisanti
Deilisanti
Layoffs Mount at Ford Brook Park Engine Complex
Ford Motor Co will permanently lay off about 600 workers at the Brook Park engine complex beginning April 21. About 6,800 more workers in two Brook Park engine plants will be idled for two weeks starting April 7 to slow V-8 production. Union leader Thurman Payne notes this marks the first time permanent layoffs were used at the complex and says the overall furloughs raise Brook Park’s monthly laid off total above 9,000, with roughly 3,500 already on indefinite layoff this year. The plants and foundry supply engines for Ford car models hit by weak demand. Brook Park’s No 2 engine plant faces a 24-month shutdown for retooling to small car engines, potentially affecting about 1,200 workers over 2–3 years. A target for a new V-6 at Brook Park was discussed but no final decision exists on which small engine will be produced there.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Brook Park
Thurman Payne
United Auto Workers
Payne
Ford
Also Mentioned on This Page
Coast Guard
Royal Airforce
Scotland
Norwegaan
Odvar Nordli
Oil and Energy
Bjartmar Gjerde
Oslo
Sven Martinsen
Phillips
Stavanger Drilling Co
Olav Skotheim
Britain
West
Germany
Don West
Bessie Karas
West Ave
Elyria
Census Bureau
Mark Madere
Daniel B. Levine
Postal Service
Dave McLean
Thomas Jefferson
Sam
Abby
Negin
Walter A. Godfrey
C-T
By Tom Ford
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