Auto Industry May Be Operating In the Red for the First Time
Detroit AP reports analysts foresee a rare red quarter for the auto industry with General Motors possibly earning no more than 120 million and Chrysler a loss between 25 and 50 million. 1974 profits for GM Ford Chrysler seen down about 65 percent to 1.3 billion.
MENTIONED IN THIS ARTICLE
Detroit
Associated Press
General Motors Corp
Uarter
Eever
Chrysler Corp
American Motors Corp
AMC
Ford
Chrysler
Senate Approves 275 Million for Railroads Aid
The Senate backed a 275 million dollar emergency package for Northeast and Midwest railroads to avert Penn Central shutdowns. The measure provides 125 million in direct grants and 150 million in loan guarantees aimed at interim financing and eventual consolidation into a new system.
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Washington
Penn Central
Senate
House Commerce Committee
House
John J. Rhodes
Vance Hartke
D-Ind
Grain Export Restrictions Eased In U S Trade Move
Washington reports easing of export curbs on wheat and soybeans up to 100000 tons without Agriculture Department approval, amid cancellations by the Soviet Union and China of large planned purchases. Secretary Butz calls it a step toward expanding farm commodity exports. Some officials say relief is partial.
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Genet Bern
Earl i Butz
Dow Jones
Dow
Mmerce
Labor Department
Walter B. Winston
New York
First City National Bank
Washington
Des Ois
Agriculture Department
Soviet Union
Cook Industries Inc
Memphis
Tenn
U.S
Earl L. Butz
Jerry Rees
National Association of Wheat Growers
Rees
Supreme Court
William O. Douglas
Walter Reed Army Medical Center
Pete Esker
Douglas
Esker
Slasher Strikes Again In Los Angeles Skid Row
AP reports the so called Skid Row Slasher has targeted a new victim in a middle class area. The latest body was found with the throat slit ear to ear. Police say this brings the tally to seven prior victims all men living alone in skid row streets and shabby rooms. The current victim lived in a first floor apartment in a complex near central Los Angeles.
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Los Angeles
Hassay
Peter
Hagen
Ealing
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