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The Journal Times from Racine, Wisconsin • 20

Publication:
The Journal Timesi
Location:
Racine, Wisconsin
Issue Date:
Page:
20
Extracted Article Text (OCR)

1 I Tonight A- Business Tonight's best betr The 52nd Annual Academy Awards Presentation, to be seen on Channels 7 and 12 starting at 8. Johnny Carson will again be host to the festivities, held at the Dorothy Chandler Pavilion in Los Angeles. the Journal Timet, Monday, April 14, I960 Wit. Gasoline-prices may drop 4C the economy as a whole. "Perhaps we have nationally peaked on the inflationary cycle.

Ihut may indicate that that is the direction of the whole economy." The slowdown in gasoline price Increases, Lundberg pointed out, has actually been developing over a period of weeks. Prices, which Jumped markedly early in the year from the average $1,021 price at the end of 1979, have increased at a lower rate recently. "The rate slowed in late Murch and has decelerated further In April," the analyst said. "This may actually mark the beginning of gas prices coming down." He attributed (he cooling off to "a mix of a marked deceleration in und how fast gas prices will drop. "There is a slight but clear turndown In the price acceleration to an actual deceleration," Lundberg said.

That turndown, according to Lundberg, reflects a "price sensitivity" by motorists which demonstrates the American consumer's growing resistance to price increases In all areas of (he marketplace. "This deceleration in price Increases, both at wholesale and retail levels, is not a price sensitivity that should be judged in a single frame of reference. What motorists are paying for all things food, rent, clothing is reflected in their price sensitivity to gasoline." Lundberg said the gasoline price turndown is a potential indicator for LOS ANGELES (AP) After riling this year at an average rate of 1.9 cents per gallon a week', retail gasoline price increases have slowed dramatically In the lust three weeks, possibly foreshadowing a drop in trices at the pump, oil industry ana-yst Dan Lundberg says. Tbe average price of all grades of gasoline nationwide from March 21 through April 11 rose only 0. cents a gallon to $1,237, an indicator of an overall cooling of the U.S.

economy, said the publisher of the weekly oil Industry Lundberg Letter. In an interview Sunday, Lundberg said the slackening pace of gas price Increases will probably lead to a rollback In prices. He said the overall economy will determine how far 2. 4, 5. 7, 8, News Kotter 10 I High School 11 Over Easy 12 He Tac Dough 18 1 Love Lucy 24 Uonunza 32 Sanford and Son 36 Big Blue Marble 38 Cureerscope 44 Bonunza 4, 5 Family Feud 6 Joker's Wild 9 Carol Burnett 10, 11 Macneil-Lchrer 12 PM Maguilnc 18 Andy Griffith 26 Informacion 26 32 All in the Family 36 Cinematic Eye 38 Harmony 1:55 2, 7 Editorials 2, 6 WKRP 4, 5 Little House 7, 12 Olivia Newton-John Special Movie: "All Hands on Deck" 10 At Issue 11 All Creatures Great and Small ,18 Bowling Game 26 Amor Prohibido i 32 Newscene .1 36 Movie: "L' i 38 Chicago 44 Sports Spotlight 2, 6 Stockard Channing V' 10 Over Easy 32 Play the Percentages 44 Baseball 2, 6 W.A.S.H.

7, 12 Academy Awards 10, 11 Memories of Eubie 18 Movie: "Glory" 26 Lucha Libre 32 ie Tac Dough 2, 6 Flo 32 Muke Me Laugh 38 Conference on the Holy bplrJt 2. 6 Lou Grant 4.5 The Buffulo Soldiers 8 Home Digest 9 News 10, II American Short Story 26 El Mundo de los Espectaculos 32 Merv Griff en 36 David Susskind 38 Rejoice 2. 4, 5. 6, 7, 8, 12 News 9 Maude 11 Dick Cavett 18 British Comedy 26 Informacion 26 32 M.A.S.H. 38 In His Labor 11:15 44 Baseball Report 2 Movie: "Harry "McCloud" 4, 5 Tonight Show 6 Bob Newhart 7 News 9 Prisoner: Cell Block 10 Sneak Previews Take 2 11 Opening Night 18 Hogan's Heroes 26 Yara 32 Benny Hill 36 ABC Captioned News 38 PTL Club 44 It Takes A Thief 6 Mary Tyler Moore 8 Think Life 9 Movie: "Sylvia" 12 M.A!S.H.

18 Twilight Zone 32 Comedy Classics Chrysler to pay fender rust bill Details for tonight's programs can be found in the April 13 issue of the Journal Times Prime Times section. Stations not the newspaper are responsible for program changes. Booklet of fers umJkMammA- wholesale increases and the contlnu-- Ing tendency of the past eight weeks of dealers to fail to pass on all of their legal margins." Margins are the differences be-, tween the wholesale price charged to (he service station operator and his retail price. The federul government has established a ltj.l-cent maximum margin. "The dealers on average are now about three cents under the ltj.l maximum fixed-cent margin," he said.

Increasing price sensitivity on the part of consumers and general conservation of gasoline Is making it harder for dealers to sell all of the allocations that are delivered to them, Lundberg explained. owners who have already paid for replacements. About 40,000 fenders have been replaced thus far, the FTC staff said. To qualify, customers must contact Chrysler before Nov. 1, 1980, or.

before their car is 3'i years old, whichever is later. Under the agree- ment, Chrysler will send letters to about 650,000 owners in 19 states in the Midwest and Northeast where most of the rusting has occurred because of the use of salt on the roads during winter months. The fenders Involved are those that have rusted in the first three years of ownership from a "corrosion design defect" that eats through the fender near the radio antenna, said a spokesman for the FTC's Bu-" reau of Consumer Protection. The spokesman said cost to Chrysler had been included in the financially ailing automaker's plan for financial recovery submitted to the federal' government. Vote on union A hearing has been scheduled for 10 a.m.

April 21 at the Racine County Courthouse on a petition for a union decertification election among servicemen and brake mechanics at the Firestone Tire Rubber Co. store at 4920 Washington Ave. The employees there are three in the bargaining unit are represented by Teamsters Local 43. Richard Sitala, a member of the filed the decertification petition with the Milwaukee office of the National Labor Relations Board. 'No reverse bias' WASHINGTON (AP) The Supreme Court today refused to strike down as racially biased against whites the University of Washington medical school's admissions policy The justices turned down "reverse arguments by Fred-erick N.

McDonald, a white man turned down by the medical school -in 1976. McDonald, now a chemical engineer in Idaho Falls, Idaho, contended that the admission policy gives blacks and other racial minorities an Impermissible advantage over -whites Unions talking AKRON, Ohio (AP) The possible merger of three major labor unions the United Rubber Workers, the United Paperworkers International and tbe Oil, Chemical and Atomic Workers is under discussion, URW President Peter Bommarito says. A merger between the three unions woujd result in a membership force of about 653.0UU members. was "very good, better than it has been this month." That was at least partly due la yie, free he said. Bins added" that turnover in the-Jree space hif good.

"With economic conditions the way they are," Bins said, "anything we can do to make it better" is a plus, lie'said. Chandler V. Copps, who owns Zahns department store, 500 Monument Square, said response vto the free parking basbeen "good. We've had a lot of favorable comment on it People like the idea that we're interested la the problem and trying to do something about it." credit advice WASHINGTON Chrysler has agreed to pay for an estimated $45 million of repairs of fenders that the Federal Trade Commission contends are subject to premature rusting. The agreement settles charges by the commission that Chrysler violated federal law by falling to disclose the possibility of premature The company also failed to dislose that it has replaced, some fenders free and also has paid for.

labor costs in some Instances, the commission said. The commission said the ment contains the largest amount ever returned to consumers in an FTC settlement. The settlement covers about one million 1976 and 1977 Dodge Aspens and Plymouth Volares, but only about 200,000 of the cars are expected to need the repairs, which average about $225 a car, the FTC said. Chrysler agreed to replace certain front fenders free and to reimburse Eastham saluted William K. Eastham, president, and chief executive officer "of "S.C Johnson Son has been named Marketing Executive of the Year for 1980 by the Racine- Kenoshji Sales and Marketing Executives (SME) club.

Eastham will William Eastham be saluted during and SME meeting Monday, April 21, -in the Golden Lantern at the Clayton House, 5005 Washington Ave. Eastham joined family-owned S.C. Johnson Son in 1964 as vice president for household products. He was named president of the company in 1972 and became chief executive officer last year on March 29. The sales and marketing execit-tiyes" group noted that during tham's tenure, Johnson's worldwide growth has continued and numerous "innovative" products have been introduced, "many of which helped the company maintain its leadership in major product categories." Eastham was chairman of the Chamber of Commerce of the United States for a year starting in 1977 and chairman of the chamber's executive committee for a year after that.

loins Western Richard C. Kappmeier has joined Western Publishing Co. Inc. as director of traffic and transportation. Kappmeier, 33, previously was with Mattel Western's parent company, 35 traffic manager for Mattel ToyTat Edison, N.i.

)K $6L' People Susan Strasberg reveals tryst Melonie found on 19, SUSAN STRASBERG was the star of a roadway play and pursued by Richard Burton. At 20, she Considered throwing herself off London's Waterloo Bridge. Miss Stras-berg's recollections of the stormy one-year romance appear this week in People magazine in the first of a three-part serialization of her forthcoming autobiography, "Bittersweet." The daughter of drama Coach Lee Strasberg said the affair began in 1957 when she arid Burton were appearing in the Broadway show, "Time Remembered." He showered her with gifts, they fought over mutual jealousies and once the actor appeared at the Strasberg apartment drunk and bellowing Shakespeare, she when the show ended, he went back to his wife, Sybil. Police on Long Island are trying to piece together what happened to actress-model MELONIE HALLER, who was found semi-conscious and slouched in a Long Island Rail Rood car alter a weekend stay-in -bou thampton. Miss Haller, who In 1977 appeared as the female "swealhog" in the "Welcome Back, Kotter," tel- History Br I tie AaawueiaM Prett Today is Sunday, April 13, the 104th day of 1980.

There are 262 days left in the year Today's highlight in history. In 1743, the nation's third president and author of the Declaration of Independence, Thomas Jefferson, was born in Albermarle County, Va. On this date: In 1943. President Franklin Root- evelt dedicated the Jefferson Memorial in Washington, C. Racine in history 40 YEARS AGO April 13, 1M Temperatures Maximum 40, Minimum 27.

Raymond Vance, boy's at the MCA. has sent 500 books to the Black feet Indian reservation at Browning. and said that be expects to collect at least that many more. MrJVance and tbe boys in kus' department undertook the task fol-kiwmg an tyrpeal by James Schultt, Indian storywriter. 30 YEARS AGO April 13, 1151 Temperature Maximum 23.

Minimum 19 4 Dr. Earfe D. Calkins of Ratnne was elected first ice president of i i Haller train Sir Laurence Olivier hates new movie evision series, was badly bruised, police said, According to her mother, the 23-year-old blonde had spent the weekend at the home of Roy Radin, a theatrical producer known for staging shows for police associations. A houseman at the mansion said Miss Haller had been drinking and fell down a flight of stairs. Mrs.

Haller said her daughter never drank. Doctors were running tests on the young actress Sunday after sne lupsea into unconsciousness, sne was listed in guarded condition, authorities said. Ask Sir LAURENCE OLIVIER what he thinks of his latest film, "The Jazz Singer," and he'll tell you in one word "trash." The movie, a remake of the AI Jolson talkie, is to open here in December and Is already being touted with full-page newspaper advertisements. It will co-star Neil Diamond and Lucie Ar-naz. Olivier says he dislikes everything about it.

"It was damned em- fMinnoh tn rin nnrp Uiit then thev switched directors and asked me 10 go through the whole silly thing again," he told the Daily News. In 1951, the U.N. General Assembly condemned apartheid, South Africa's official practice of racial segregation. In 1963, Sidney Peltier became tbe first black to win an Oscar for "-best actor." for his role la "Lilies of the Field." Ten years ago, a defective oxygen tank aboard the Apollo 13 command module overheated and exploded, blowing out section of the ship and 1 1. 1 1 a 1 iiiiiiiiiir lilt? iiiiejuiar the Wisconsin Dental Society at Its annual convention Milwaukee yesterday.

Other, officer in the area cict.icai was ur. cj 10111ns of Ke-nosha, treasurer. 20 YEARS AGO April 11, iMt Temperature: Maximum 78, Mininum 43. Robert B. Brows, assistant to tn associate deaa of educatioa at tbe University of Wisconsin tain Ractne today to counsel JJW-RacLne sop bo-mo res who will ester tae Unlvers.

ty's School of Education la Madisoa in September. Brow it helping tbe students plan their teacher education curriculum. By Louise Cook Associated Press Writer Recent government and industry moves to restrict the use of credit have made it more important than ever for consumers to learn the rights and responsibilities of buying now and paying later, Specific credit terms vary from lender to lender and state to state. The basic principles of credit use and misuse are fairly standard, however, and the American Bar Association has prepared a 36-page booklet to help clear up confusion. The booklet, called "Your Uuide to Consumer Credit and Bankruptcy," costs $1.

It is available from the American Bar Association, Order-Billing 157, 1155 E. 60th Chicago, 60637. The ABA booklet includes chapters on applying for credit, checking your credit record, correcting credit mistakes, figuring out whether you Livestock MILWAUKEE (AP) FrkJ' closliw certlt market: Good to cnolce steers 59 good to cuoice heiters S7.00-S 00; good Hoistun steers UdJ-M stanaard to low good JO 00-53 00; dairy hellers S4 00-44 00, utility cowl S3 00-54 00; canners and cutters 41 00-52 00. commercial built 00-41 00, common 57 00-5 00. Friday doting call market: Choice calves Ji 0O-O 00, good 40 00-75 00 Friday doting hog market: Light butchers 17 00 2 DO.

heavy Botchers 00-27 00; light sows 34 0O-2 00; heavy sows 24.00-2 00; Doers 24 00 and down. Today's estimated receipts: W0 came. 9O0 calves. M0 hogs, 25 tneep. Grain futures CHICAGO (AP) -Futures trading Friday on She Chicago Board ot Trad Ope Hiee lew Ctes Cha wmiat Laos am.

i Oetiart per a. mat in 4 oj Jul 4 It 4 It 4 10'! Sep. 4 4 4 25 Dec 4 4n 4 41 4 4Jv, Mar 4.W4 441 4 57 May 4 a 4 44 4 let -04 a 5 US 190 2 ot'a 4 44V) -04 4 59 041 44 1 -4 Seles fhur. I9(U2 Total open Interest Thur. 4 05.

up 2t trom COal a) Me) e. Deiiart per a. 1 70 2 el JP1 ...211 2l 2 97 1 70 JI2 292 2 ni 2 091 3 Ml 2 17 lJ 299 109 20 Jt 2 944. J05 3 13 Otw SI 91 1 -3 17 Thur ii J9I epew aiterett Thur. 113.424, up I I tram 0T1 MM et oettart per I J5 1454k ..153 154 I Mr I 4iV I 52 12 I 45' I 54 14 -a I 72 I CI 01 Tim 'Tfmr.

eS7 pen eMorett Truer. 1572. Htm -MTIHIM)le4 I per i Mae 5i Aw ll'l Se J41 4I Hoe tU 4 Jw 4 71 Mar 47. t- Mey 7J 7Jl tm 5 eeo 7C -i ei eeo-i 41 12. 55 1 T2- 'ttta eKl 7JJ -tm 15 3t 34t t9 41 4 9e Teeat ape awereet Pur at) (rem have reached your credit limit, dealing with debt collectors and, if all else fails, going bankrupt.

Shopping for credit is a key. There are two terms finance charge and annual percentage rate to keep in mind when you're looking at the cost of a loan. The finance charge is the total amount in dollars and cents you pay to use the lender's money. It includes interest and special charges like service fees or credit-related insurance premiums. The annual percentage rate expressed as a percent is the rate of interest on a yearly basis.

Lenders must tell you both, the finance charge and the annual percentage rate. Decide what you are looking for when you borrow money. Are you willing to pay more in the long run in exchange for lower monthly payments? A three-year, $4,000 loan at 11 percent annual interest would mean monthly payments' of $131. Potatoes CHICAGO (AP) IUSDA) Malor potato markets FOB shipping points U.S. IA Friday In 100 ID sacks.

Minnesota round reas 4 Wisconsin round whites 60-3 00; Wisconsin rut-tett 4 50-5 00; Colorado red McClures i 50 ID cartons: Color mo russets 1.50-9 00; Wisconsin russets 00-9 00; Idaho russets 50-9 00, Celitor-me-Oregon russets I 50-9 00. Cash grain CHICAGO (AP) Wheat No 1 hard red win ter a 17 an Friday; No. 2 sott red winter 4.13'en. Corn No. 2 yellow 22 (Rooeer) 2 S4vw (boil.

Oats No. 2 heavy 1.6n. Soyoeens No. I yellow i 'in. No.

yellow corn Thursday was quoted at, Z.eJM (hopper) 2 57 in (Doe). Eggs CHICAGO (API Midwest ego price report: wtweseie During prices Frioer unchanged. A extra serge 47; A large 45, mediums 39, smalls 37; nest-run breaking stock 37, checks 31. Local interest Courtesy Rooert Baifd 4 Inc. uuetetwis at ot Ml a m.

Htyn 2t 4 22 17 27 II ....20 32 12 24 17 e- -t i Lev a 23 17 2 n- 5 lJ lia 23 -17. 2 71 20 A "eg LMt Am Motors Ame'ee. eWcyrut ton! ten fc rent First W-S Corpl. un Co- Heroee INCO mart koenranf Lee Levi ilrevt Metier tot Meei mc.lpie). MGIC 3t 22 17 as 17 31 II 23 19 17 19 a 7 2 2 3 )C lC -v -H -H HQ 21 r3 we.

Peenord int ea (2 JS icMfM Swee ew Tee i ta Met. ..) 35 "2J I5 St 24 IS 1 20 I sua 22 154 -e XI 15 etc Zie, at Teatren lC Tee D-et etet mtf Pei lt Free parking helps Downtown The Downtown Association's program of providing free parking on Saturdays at 586 parking meters has proved popular with the public and probably will be continued, said this On Good Friday, the on Saturdays April 5 and 12. merchants ieased the 5 meters from tbe city for about 180 a day, put paper bags over them, and invited shoppers to park without charge. Donald Bins, chairman of the association's parking committee and general manager of Pwter's fumi-S ture store, 3U1 Mb said that last Saturday's store traffc at Porter's.

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Pages Available:
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Years Available:
1881-2024