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Wellsville Daily Reporter from Wellsville, New York • Page 4

Location:
Wellsville, New York
Issue Date:
Page:
4
Extracted Article Text (OCR)

COelbville £)aily Reporter 3 '4f a Tf. m- Editorial Shuttle missions Washington Window sharing- may negate ights is it good or bad? v' Ir. 1-5 United ue 4' V.i^'. "ly professionals PofifiScope WILLIAM STEVENS a-i Bv G.UL FLESCB1TZ Preside r. Ftrd' a reiWal omsaercially ointed spee.d bound other characteristics.

Photographers, both professional and arr.at/jur, will wait to see what kind of pieties the new film produces. s. rs the Bc'-JLsy Of aH caz i r.r. -r. i'-a: fzzisi- u'i i.a 't Js" j.

er a ii-isr. c-esr. is go: a c-f iu: r. oilers. Uf.r^l:y a -7 LS surf, saluv; aH is r.rr.-,: iersbv Forr: arji nati.

SKL srplair; Jav.u vrhfj carr.pajgr.ir-g Su 5 at 'inve cc C', iar. te cwild be Ford's r.aerec r.e-vrs." Sy rr.ar.y peop-Ie are ftr.tralLed by a plc'12-e si the very same day that Janxs president Dining his hecilers in tr.e ca-oiidacy a boost bj- "jlgarity. he support it. Abe It's a fairiy safe bet tiiat Ne-s Yore's hfeld, vras 5hh IT. a five-Tray former be out on the Ocratic race for a card: ova ie trail m-jch mere.

Euc'r-iey. ar.r^'jr.csd he Ar.d. a rrian -who has always iiied Ne-s- York's senator. to that's bad r.e-ws. Strike may affect car sales in U.

S. September 24.. ccczrrec weriiing Mr. iive rssioects a mary year; irx: are bghiy tbe is Eucr. gave ar.

or. 1 ie Ufe the family -be; Carl cr. 7 5 ia Air-ccg uxse ir-d bajiz.e: were Mr ir.c p-i-i: Sciwarucap aid daugiier Freda OL the ie B-jdge: pr "Cistrvys v.e taxpayer by iavjvg 'JE g'Werjr-en: raise spend Ke said budgetary also rr.aie r.ard federal spercmg. Criers charged 'is', forniulas fcr distributor, o-f the mc.r.ey give some of it to cornmumties which nee-d Samsonite Silhouette DETROIT UPI Tr.e United Auto Workers strike against the Ford Co may dampen auto sales over the next few months, but unless it's a record shutdown, the long-term effects should be minimal The industry has ei.joyed a full year of recovery from the 1974-7o recession that followed the Arab oil embargo The questions now are: Can the upturn continue through and what is the outlook for the According to ford Pre-sident Lee A lacocca. the auto industry will continue to perform well in 1977 because of pent-up demand The auto market was well below its historical trend in 1974 and lacocca said 1976 sales near the trend line, there is additional room for growth in 1977 The car and truck business has booming, but in my judgment you haven't seen anything yet Industry' sales in calendar 1976 are running 22 per cent above the 1975 total, and projected at that rate of increase, are expected to total about 10 million units for the full year That gam.

while substantial, is not unusual for first-year growth following sales in 1971 were up 22 per cent from the 1970 low and 1959 sales climbed 32 per cent from the 1953 recession year Traditionally, auto sales continue a general upward pattern for two to four years from their cyclical lows, with the boom years 1971-1973 typical. But lacocca comments and the projections for the full year were made before the hard reality of the walkout by 170.000 Ford workers on Sept. 14. A short strike of two or three weeks considered the minimum because of the sheer mechanics of negotiating and then ratifying an agreement ultimately would cost Ford a few thousand unrecovered sales But it would have a minimal effect on the total sales estimate of 10 5 million for A strike of four or five weeks would cost Ford many tens of thousands of sales in the remainder of this year Some would immediately be picked up by competitors, some would be regained in 1977 and some lost forever A lengthy strike, according to Detroit arxi Wall Street analysts, might result in a two-year loss to the total industry of close to cars Tbe long-term outlook however, remains bright. Ford's lacocca a continuation of the multiyear cycle, even if it is detotired for a time by the strike He says three indicators high truck sales, a strong used car market and stretcbed-out payments point to a strengthening market through the end of the decade lacocca is predicting sales in the range of 11-13 million by 1980.

probably eclipsing the 11.4 million sales record of 1973. The automobile industry has weathered the problems of the oil embargo, the recent recession and rapidly changing consumer tastes and governmental regulations. The current strike, wtich most observers do not believe will match the 66-day Ford shutdown in is expected to do no more than slow the growth "The automobile industry is a changing industry." lacocca says. "But the concept of individually owned cars will provide the great bulk of our personal transportation for many, many years Pox proof to btg cities arjd poor rural areas which need it mcst. But there were two political realities.

Governors, mayors and county officials are one of the nation's mist powerful lobbies. Also, their treasuries had growr. to rno-ney: io withdraw it ruddenly would disrupt the economy at a critical stage oe recovery. lr. June, the voted icl to 25 to approve a S25 billion extension of revenue sharing through September, 1SSQ.

The Seriate to approve S41 billion through September, a.nc it only to compromise the difference. In both versions there would be no further need for appropriations. Tbe m-orey is promised ir. advar.ee as an program just as veterans and Security recipients are entitled to their benefits. Both versions added new provisions to give local citizens more say in how the money is spent and to strengthen rules against discrimination in pro- gams using the rands.

Neither changed the distribution formulas. In the Senate, many of the arguments for and against revenue sharing were Truck trailers NEW YORK 'UPI. The idea of putting automotive trailers on railroad flatcars is much older than most people think, according to trucking industry sources. As far back as the farmers on Long Island, a suburban New York section once a major agricultural area, used to load their wagons on the flatcars and put their horses in boxcars in bringing their produce to New York City markets. Harvest advantage cf cnce-a-year en Samson-e Silhouette luggage IT soecial colors only and save from sryhng anc curability make this elegant luggage a standard of excellence Quantities are limited so hurry before the ge: shm.

Available SKy Blue and Moon Glow for ladies, and for men Regular Special S'lnouette HacvestSale TOKYO 'L'PI, Proof of smallpox vaccinations no longer will be required of American and other visitors to Japan, except those coming from Bangladesh and Ethiopia. Japanese government health authorities have announced CRANE Operator Needed to work in large Area SCRAP YARD. Send letter of interest to: TRIBUNE BOX 48 HORNELL, N.Y. 14843 Johnnie's Ristorante Something New At Johnnie's Every Friday Nrte SPECIAL FISH FRY $2.50 ffut Our Continental Menu For A Ladies 26 Pullman B. Lacies Lacies Beauty Case Laaies Hanai-Tote Ladies 24" Pullman Men 24" Companion E.

Men's Two-Suiter Men's Three-Suiter Price S7400 48 00 44 00 38 00 62 00 62 00 74 00 78 00 Price S55.49 35.99 29.99 28.49 46.99 46.49 55.49 58.49 S.n I I 01 I 4 0 I 1551 1 5 1 1951 Samsonite AJ Day ThtirtcUy 'tl 9 P.M..

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About Wellsville Daily Reporter Archive

Pages Available:
61,107
Years Available:
1955-1977