New York weighs state owned bank in banking hear
In a two day session at the New York City Chamber of Commerce the Assembly panel explored a bill to create a state owned bank aimed at serving low income urban communities and financing small businesses. Critics say private banks withhold home mortgages and loans, raising rates on bonds and starving local ventures. Arthur M Richardson, president of an upstate bank, voiced the protest.
MENTIONED IN THIS ARTICLE
New York City
Arthur M. Richardson
New York
Stanley Steingut
George Cincotta
Assembly
Hugh Carey
State Senate
Albany
H. L. Thorndal
Bank of North Dakota
United States
State Bank
Minneapolis
Icago
New York Bank
U.S. Soviet ships exchange visits mark wartime anniversary
At Kronstadt and Leningrad aboard the Leahy and Tattnall, U S and Soviet crews exchanged salutes as a five day ship visit commemorated the 30th anniversary of the Allied victory in Europe. Rear Adm Langidle and Adm Kolchin met ashore while a crowd watched from behind a fence.
MENTIONED IN THIS ARTICLE
Kronstadt
U.S
Europe
Neva
Leningrad
Soviet
Justin E. Langidle III
Ivan M. Kolchin
Joseph W. Neubbert
Barber Shop in Wesleyville Sparks Domestic Service Debate
In Wesleyville Pennsylvania Terry Etzel’s Barber Shop faces a rare dispute as one of three barbers resists adding shaving women’s legs to offered services. The sole dissenter is a female barber who stands against expanding the menu.
MENTIONED IN THIS ARTICLE
Terry Etzel
Wesleyville
Tax panel eyes windfall oil profits
Washington AP report says tax writers race to finish an energy tax package amid controversy over taxing windfall profits of oil firms. Ways and Means plans a tax bill through Congress as week opens on energy, refugees, and budget issues. House votes refugee relief and settlement for Indochinese, plus a $405 million appropriation. Senate Foreign Affairs begins refugee debate as House and Senate set a $367 billion budget with a $68.8 billion deficit. Ford seeks $60 billion deficit limit.
MENTIONED IN THIS ARTICLE
Washington
Ways and Means Committee
HOUSE
Senate Foreign Affairs Committee
Congressional
Senate House
Ford
Wall Street Opens Higher Amid Mixed Market Signals
The Dow edged up early as buyers and profit takers clashed on hopes for economic recovery. NYSE volume favored gainers, while traders cheered news of a March inventory drop signaling potential resumed production. Grain prices listed for Lorain County Farm Bureau Cooperative Association. wheat 2.73, corn 2.47, oats 1.20, soybeans 4.85 per bushel. DC budget cuts liquor sales tax to lift revenue while directing over a quarter billion to alcoholism treatment.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Washington
UPI
District of Columbia
Follow this American becomes code language for Marines
An unnamed family from Vietnam arrives in Norwalk to live with the Myers in a three bedroom home on the southwest side. They cannot converse in English yet have some grammar schooling. Neighbors supplied toys and clothes as beds are set up in the basement. They marvel at America’s food and roads and government services while adapting to a rice and meat diet.
MENTIONED IN THIS ARTICLE
Myers
Norwalk
America
Auto workers from five locals to elect union officers
Area auto workers go to the polls this month to elect officers at five locals representing more than 17,000 members. Voting begins tomorrow for United Auto Workers Local 1005 at the Chevrolet Parma plant with 6,000 members. Nine candidates seek five top posts and shop, recording, and financial secretary roles, plus numerous district and bargaining committee seats across Lorain and surrounding areas. Balloting uses automatic machines in plant parking lots, with runoffs possible May 21 22.
MENTIONED IN THIS ARTICLE
United Auto Workers Local
Chevrolet
Parma
Lorain County
Bill Brake
John Havens
Brake
North Ridgeville
Kenny Bricker
Archie
Amherst
Edward Perrine
Avon Lake
Frank Scaggs
Livermore Ct
William Lacek
Joe Spring
Bill Jennings
Richard Fox
Union Hall
Elyria
Fisher Body
Brown Fintube Co
Elyria Belting and
Royal Supply Co
Products and Wray Enterprises
Pfaudler Co
Highway workers extend talks averting Ohio strike
The Ohio Contractors Association and Laborers Union District Council extended talks by one week to avoid a strike that would impact highway projects in Lorain County. Local 758 secretary treasurer David Dominico said workers were to report to duty as talks resume in Columbus at 10 a.m. A tentative building trades contract awaits Laborers approval.
MENTIONED IN THIS ARTICLE
Ohio Contractors Association
Laborers Union District Council
David Dominico
Lorain County
Third Street
Oberlin Avenue
Loraine
OCA
Elyria Outsiders Rally In City Contest
Local report notes Elyria teams facing off in a league contest. Players from Elyria High and visiting squad compete at the city gym amid community interest and standings implications.
Turnpike toll high on long Boston to border run
The Massachusetts Turnpike spans 135 miles from downtown Boston to the New York border with a maximum toll of 3.30 dollars.
MENTIONED IN THIS ARTICLE
Boston
New York State
Newark protests teacher cuts continue three-day walkouts
Newark teachers and parents intensified opposition to $14 million education-funding cuts, rallying for a third day of student protests after 30,000 pupils joined Thursday and Friday walkouts aimed at blocking the layoff plan for 900 teachers and 700 other school workers.
MENTIONED IN THIS ARTICLE
Newark
N.J
Insurance covers state hemophilia home care program
Blue Cross and Blue Shield health plans will pay for services under the state Health Department hemophilia home care program for a one year trial period. Coverage expands from hospital treatments to include training for patients and some immediate family members to administer treatments at home.
MENTIONED IN THIS ARTICLE
Columbus
UPS
Blue Cross
Blue Shield
State Health Department
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New York Studies State-Owned Bank
Michael Dukakis
Citibank
Chase Manhattan
Cincolta
Oregon
Massachusetts
California
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Anatoly Dobrynin
Bykiy
Zhyuchiy
Ralph Noder
Tom Ferriman
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Allied Chemical i Kresge
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LO Ford
American Airlines
American Can
Lyke Yong
American E Power
Narthon Oil
American Home
Mobi Oil
Armco Steel National Cash
Ashland Oil
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Babcock Wilcox
Ahs
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Owen
Bethlehem Steel
Penn Central
Penney JC Oh
Boeing
PaP&h
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Chrysler Co
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State Department
Hovey
Kaiser Insurance Associates, Inc
OUR Business
Haig Eee
Fest G. Herey
Alora County
Porrteily Kagl W. Ploomer
Auto Workers
Local 425
Joseph Mitchell
Don Davis
Mike Cumberledge
Clyde Jackson Jr
Lloyd Shields
Jake Sterrett
Don Hale
William E. Hughey
Karl Siters
Don Linder
Edgar Williams
Lorain
Ohio
Clyde Knight
Raymond Hatch
Jerry Donovan
Danny’’ Kaye
John D. Hunter
Ohio Truck
Dominico
the Chronicle-Telegram
Eat Avenue
ING
Simpson
Oberlin Ava
American Financial Corporation
Mid-Ohio Securities Corp
Broad St
Cleveland
East Fourth Street
Cincinnati
Apna