Senate OKs Carter energy fast track
The Senate approved a energy mobilization board to speed permits for high priority energy projects. The measure, 68 to 25, would empower a three member board to set deadlines and enforce them, potentially accelerating plants solar and wind projects to cut oil and gas imports. The action marks Carter’s biggest Senate victory on energy policy as House action awaits.
MENTIONED IN THIS ARTICLE
Washington
UPT
Carter
Dver
Senate
Bill Bradley
D-N.j
Congress
House
Henry Jackson
D-Wash
Energy Mobilization Board
Sen
John Glenn
Ohio
Department of Energy
Mexico to raise oil price next week, now $22.60
Mexico announced it will increase the price of its crude oil next week at PEMEX. Diaz Serrano said the price of crude, currently 22.60 dollars a barrel at Gulf of Mexico ports, will rise retroactive to Oct. 1.
MENTIONED IN THIS ARTICLE
Mexico
Mexico City
UPI
Petroleos Mexicanos
Diaz Serrano
Serrano
National Conference of the Chemical Industry
Gulf of Mexico
PEMEX
Organization of Petroleum Exporting Countries
OPEC
International Oil Cartel
Jose Lopez Portilla
United States
Gala Affair changes hands on Griswold Road
Leon C. McGowan and his brother John become new owners of Gala Affair, a seafood and fish restaurant on Griswold Road behind Gold Circle. They are pictured in chef hats preparing salads at the former Fruitful Gardens Banquet Hall, which opened this week.
MENTIONED IN THIS ARTICLE
Leon C. McGowan
John
Griswold Road
Gold Circle
Fruitful Gardens
Gene Krebs
Recycling urged Landfills short sighted
Public officials favor landfills for initial lower costs, but Judd Alexander of American Can Co. argues recycling can save money over time. He cites Americology plant in Milwaukee with 92 percent steel recovery and energy benefits, urging broader investment despite upfront costs and political resistance.
MENTIONED IN THIS ARTICLE
New York
UPI
America
Judd H. Alexander
American Can Co
Can Manufacturers Institute
Alexander
American Can
Americology
Milwaukee
Can
Malcolm Owings
Continental Group
Beverage Legislative Committee
Institute For Applied Research
Owings
Oregon
Gold slides on nerves over possible dollar package
Gold prices fell for a third straight day across European bullion markets as traders reacted to rumors of an economic package to support the dollar. In Zurich prices dropped $17.50 to $365.50, while London saw a $12.50 fall to $370 and later $367.50, with dealers citing nervous selling and few buyers. The dollar weakened on several exchanges, even as outlook for a support package faded.
MENTIONED IN THIS ARTICLE
London
UPI
Zurich
Barclays Bank International
Paris
Milan
Brussels
U.S
Frankfurt
Amsterdam
Algerian oil official proposes 5 percent annual price rise
Nordine Ait Laoussine of Sonatrach advocates a 5 percent real terms increase in oil prices to guard against dollar shocks and inflation. He rejects price freezes as shortsighted, arguing the move would be acceptable to producing nations and tolerable for consumers. Speaking at an OPEC energy seminar, he notes demand cycles will determine parity with alternative fuels. He urges raising prices if preserving current real values fails to curb demand.
MENTIONED IN THIS ARTICLE
Vienna
Austria
APL
Nordine Ait-Laoussine
Algerian National Oil Co
OPEC
Stocks push ahead on dollar rescue rumors
New York stocks rose in early trading as Dow Jones gained 3.84 to 893.94 amid speculation Washington may unveil a new dollar rescue plan. Gold fell then rebounded. NYSE volume reached about 88.8 million shares.
MENTIONED IN THIS ARTICLE
New York
Washington
New York Stock Exchange
Bache Halsey
Stuart Shields
Hildegarde Zagorski
NYSE
American Stock Exchange
Elyria man charged with fleeing police and DUI
A 39 year old Elyria man identified as Joseph W. Smith of 207 Clarke Street was charged with driving with no lights fleeing police driving under the influence and two counts of leaving the scene of an accident after officers observed him on East Broad Street around 11 30 p m Thursday. He allegedly struck a passing car and was taken to the city jail.
MENTIONED IN THIS ARTICLE
Elyria
Joseph W. Smith
Clarke St
East Broad Street
Smith
Clark Street
Sumner Street
City
Grain price report from Ohio elevators by region
UPI reports average cash grain prices paid to farmers after closing Thursday until market open today. Northeast Ohio No 2 wheat 4.21, No 2 shelled corn 2.65, No 2 oats 1.43, No 2 soybeans 4.82. Northwest Ohio No 2 wheat 4.29, No 2 shelled corn 2.61, No 2 oats 1.39, No 1 soybeans 6.93. Central Ohio No 2 wheat 4.22, No 2 shelled corn 2.43, No 2 oats 1.47, No 1 soybeans 6.76. Trend: No 2 wheat down, No 2 shelled corn and oats steady, No 1 soybeans steady.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Northeast Ohio
Northwest Ohio
Central Ghia
Area business briefs outline local speaks and events
Robert J. Stalla of McDonald & Co. speaks on Our Economy Now and in the Future at 6 30 p m Monday for the Sales and Marketing Executives in Oberlin Presti s. Larry Robinson of J B Robinson Co. addresses the Small Business Forum at noon Monday in Cleveland City Club. GCGA backs Council of Smaller Enterprises with field reps from Lutheran Brotherhood at a Perrysburg conference. An Economic Census Data Users Conference is set Oct 26 at Cleveland Plaza Hotel with Dr William A Cox as luncheon speaker. Five new Downtown Business Council members include Thomas Albert Haig Avedisian Bernie Manchick Dennis McAndrew and Warren Trafton.
MENTIONED IN THIS ARTICLE
Robert J. Stalla
Lorain County
Presti’s
Oberlin
Stalla
McDonald & Co
Larry Robinson
J. B. Robinson Co
Cleveland City Club
GCGA
Council of
Robinson
W. It. Grace and Co
Cleveland
Department of Commerce
Cleveland Plaza Hotel
Downtown Business Council
Greater Cleveland Growth Association
Thomas Albert
Downtown Cleveland Corp
Haig
Also Mentioned on This Page
Oks
William E. Clayton
Glenn
William F. Gentile
Department of Ecology
Mocatta and Goldsmid
Algeria
Elyrian
East River Street
Allan
Kerntor
Allied
Kraft
Allis Catz
Lone Star
Fis Mantel
Cyan
Ana Ai Neil
Ari Elec
MGM
Mabil
Ty Alunsanto
Ty Motels
Ara Natusco
Bel Mowatt
Bendix
Gan
Bs Eth Steel Tod Bse
Bohl
Warnie Ve
Marsh West
Dan Cink
Bs Qh Corp
Ovens Corminig
Gwen Nll
van Am
Berneie
Penn Livie S A CohGus
Gms _ shin
Any Proctor Gamble
RCA Cp Tsitat Dayta Avr
Det Eisen
Reynolds Ind
Eastern Aire Roper Cp
Rubbermant
In Corp
Setery
Sperry Co
Eirstone
Sid Brad
Ford Matne
Uta
Gen Foods
Cien Motor
Us Hersh Fudd
Ty White
Woolworth
Ohio Edison
Parker Hannifie Ny Searle
Gd) Co
Senveker 2Mern Co
Ithe Sybronia
Ofeto Edson Ws
Union Pacific Corp
Uy Woolworth FW
Sme-Lorain County
Lutheran Brotherhood
Perrysburg
Fraternal Insurance Society Reports
Joseph Cilento
CLO
Parma Heights
John Fish
Parma
James Goemmel
Avon
Thomas Stapleton
Emil Ramba
FIC
William A. Cox
U. S. Department of Commerce
Motorola
ERB Radio & TV Inc
Middle Ave
8Th St
Ryria
Business Builder
Star Building Systems
Star Builders, Inc
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