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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Oct 21, 1976
Page
5
UPI reports jeweler Sidney Mobell offers a jewel covered hourglass gift priced from 2500 to 15000 dollars, containing 400 to 3063 diamonds. The piece, finger length and wearable like a ring, is part of Mobell's pre Christmas lineup. He notes a previous 1 million hourglass awaits an order to finish.
The Federal Power Commission rescinded 25 percent of the $2 billion gas rate increase granted last July. The order lowers projected revenue by about $580 million and clarifies that gas from recompleted wells is not eligible for higher prices. Columbia Gas of Ohio serves Lorain Erie and Huron counties and may file changes with Ohio utilities regulators, with uncertainty if FPC action alters filings. The commission aims to end deliberations by month’s end, while critics say homeowners could face higher costs despite the cut.
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