Equal Opportunity Act changes credit for divorcees in 1960s era
The American Bankers Association outlines new credit rules after the Equal Credit Opportunity Act. Divorced or widowed women may use alimony, child support, and maintenance payments as creditworthiness. ex-husband debt histories can affect a woman’s credit. Lenders may require proof of long term income, collateral, or signatures, and cannot force new applications solely due to divorce or widowhood.
MENTIONED IN THIS ARTICLE
New York
The
American Bankers Association
Equal Credit Opportunity Act
Woéman
ABA
FTC studies cigarette ads amid rising U S smoking
The Federal Trade Commission报告 to Congress cites a 1.5 percent rise in U S cigarette sales to 601 billion to 603 billion for 1975 and warns certain ads may pressure consumers to ignore health risks. It urges stronger warnings on packs and ads and mandatory tar and nicotine ratings on each brand.
MENTIONED IN THIS ARTICLE
Washington
Congress
Federal Trade Commission
United States
FTC
Salem
Commission
Metric sign at Elyria bank shows dual temperatures
Elyria Savings and Trust installs a new main office temperature sign displaying both Celsius and Fahrenheit readings. Bank president R J Fitch demonstrates the device to Bill Standeo, noting customers mistook a reading for a warmer value. The sign is the third such installation among Ohio banks.
MENTIONED IN THIS ARTICLE
Elyria Savings and Trust National Bank
R.J. Fitch
Bill Standeo
Ohio
Fitch
Mistletoe Bird Feeds Young While Hanging Upside Down
The mistletoe bird of Australia feeds its young while hanging upside down, a distinctive behavior noted in this species.
MENTIONED IN THIS ARTICLE
Australia
Telephone Cable Vandalized Cuts Service to 500 LaGrange Residents
The LaGrange telephone distribution cable along Butternut Ridge Road near Rt 301 was damaged, knocking out service to more than 500 residents since Sunday. James Herbert, the general manager, put estimated damage at 5000 dollars and said restoration was expected today. a $5 reward was offered for information. Crews had to splice wires by hand as supervisory staff held the damaged casing.
MENTIONED IN THIS ARTICLE
LaGrange
Butternut Ridge Road
Pear Rt. 301
James Herbert
C-T
John Fuller
Amtrak raises Lake Shore fare and delaysChicago trip
Amtrak announces a June 15 fare hike of $2 on all long distance trains and a 40 minute delay for westbound Lake Shore Limited from Elyria to Chicago. Coach fares rise to $18.50 to Chicago $37.50 to New York and $41 to Boston with no first class increase. Joseph Vranich cites rising costs and subsidy needs. Construction by ConRail crews will slow speeds temporarily but may improve after completion. Eastbound times stay largely unchanged.
MENTIONED IN THIS ARTICLE
Amtrak
Elyria
Chicago
Lake Shore
New York
Boston
Joseph Vranich
Vranich
ConRail
UPS Fires About 125 for Refusing to Return to Work
About 125 UPS employees were fired for defying orders to return to work amid a strike that began May 1 affecting nine Southern states. A Continental Trailways official expected union ratification of a tentative contract, with buses to roll again in nine states, possibly by Wednesday night. Dissidents in Cleveland, Columbus, Louisville, and Kansas City protested the deal as a revival of the old contract, awaiting a ratification vote.
MENTIONED IN THIS ARTICLE
United Parcel Service
Continental Trailways
UPS
Central
Wester States
Teamsters
Cleveland
Columbus
Ohio
Kansas City
Kan
Louisville
Amalgamated Transit Union
H.W. Loring
Continental Tennessee
Poker champ wins $300 500 at social World Series finale
In Las Vegas Binion's Horseshoe, 22 pros played a 32 hour World Series of Poker, culminating with Texas Dolly Adrian Doyle Brunson beating Jerusalem Jesse Alto for the final pot of 176 500. Brunson won 220 000 plus 80 500 in earlier rounds amid a carnival mood and high stakes energy.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
Texas
Dolly
Binion
Horseshoe Club
Glitter Culch
Jerusalem
Jesse Alto
Texas Dolls
Adrian Doyle Brunson
Typhoon Pamela Rips Guam Killing Eight
Typhoon Pamela moved across Truk Island delivering winds to 150 mph and heavy rain. Mudslides killed at least eight people and injured others as it swept west through the western Pacific, causing extensive damage to homes and crops on the island southeast of Guam that once served as a Japanese fortress.
MENTIONED IN THIS ARTICLE
Agana
Guam
Pamela
Truk Island
Pacific
Here
Union, phone officials to meet Thursday
A meeting is scheduled Thursday between Elyria Telephone Co representatives and striking workers after telephone negotiations. Federal mediator Harold Gold said both sides have been negotiating by phone and will meet Thursday morning. This follows the April 2 strike by Communications Workers of America Local 4485 and a May 4 three hour session that failed to advance positions.
MENTIONED IN THIS ARTICLE
Elyria Telephone Co
Harold Gold
Communications Workers of America Local 4485
Bloodworm strike grips Maine coast
About 1,500 bloodworm diggers along Maine's rocky coast walked off the job in a strike over pay. They seek seven cents per worm or 70 dollars per thousand, challenging bait dealers who hold at five cents per worm, a rate kept since 1971. Maine supplies most of the marine worms for saltwater anglers nationwide.
MENTIONED IN THIS ARTICLE
Wiscasset
Maine
UPI
Rocky
Canada
U.S
Cedar Point Reports Record 1976 Revenues and Earnings
Cedar Point Inc the Sandusky Ohio amusement park reports 1976 net income of 5.29 million 1.79 a share on gross revenues 34.16 million versus 1975 5.17 million 1.73 a share on 30.66 million. Officials expect more two plus day visits due to more rides.
MENTIONED IN THIS ARTICLE
Sandusky (Ap
Cedar Point Inc
Grain prices in Ohio markets close results
UPI reports average cash grain prices paid to farmers in Ohio market areas after closing yesterday and today. Northeast Ohio shows No 2 wheat 3.04, corn 2.58, oats 1.45, soybeans 4.96. Northwest Ohio No 3 wheat 3.13, corn 2.60, oats 1.48, soybeans 0.93. Central Ohio No 2 wheat 0.18, corn 2.62, oats 1.51, soybeans 5.02. Trend: No 2 wheat and corn unchanged, oats unchanged, soybeans sharply higher.
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Columbus
UPI
Ohio
Northeast Ohio
Northwest Ohio
Central Oio
New York
Rockwl
Adrco Inea
Alleg CP
Aislin
Sperry Mu
Sun Texaco
T&t
He ‘Weaty el Witv
Weverhrath
Whirlpolly Bendix
Boeing Borden
Pierre Delanese
R.smithco
Curtis
Emerson Abe Bayt Pl
Fruehaul
Dow Ch
Goodrich Tit Dresser
1.C. Industries
duPont
Kewanee Industries
Easkd
Koehring
Eaton
Exson
Lear Siegler
Flintkottt— National Gypsum
Hio Edison Ford
Richmond Co
Dynam SP
Searle
Smucker
Food Wave
Sybron
Toledo Edison
Union Pacific Corp
Ga Pac
Wun Victor Comptometer
The
Woolworth
Gillette
Goodric
Goodyr
Greyhound
Hercules
IBM
Int O Mae
USDA
Kresges Buz Kroger
Luke
Chicago
Marcor
McDon
Smalls Mead Cp
Mobil Gul
Nat St Ada
NCR
Norilk
Pepsi Co
Phil Morr
Phill
Ty Ralston
RCA
Market Opens Mixed as Dow Hits Early Highs
Wall Street opened with modest gains as the Dow climbed 0.79 to 988.43 while the broader list showed 143 advances to 103 declines among 412 issues. Volume reached about 620.
White Motor to sue White Consolidated over merger withdrawal
White Motor Corp plans legal action against White Consolidated Industries Inc as soon as possible after a merger cancellation. Chairman Sermon E Knudsen also announced a $40 million cost cut plan and predicted a profitable second quarter. White Consolidated cited renewed DOJ inquiries and financing concerns for the merger withdrawal.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
White Motor Corp
White Consolidated Industries Inc
White Consolidated
White Motor
Sermon E. Knudsen
White Consolidated Industries, Inc
Knudsen
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Rochester Tel
FL ‘Secur
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Barnwell Iniis
Anta Corp
AVE Corp
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Fabri Centers Am
Sly Franklin Mint
Goodrich
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