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About Griffin daily news. (Griffin, Ga.) 1924-current | View Entire Issue (Nov. 5, 1977)
Steel Depressed prices force merger PITTSBURGH (AP) — With the U.S. steel industry facing a year of depressed prices and declining profits, two of nation’s top producers have announced plans to merge. One industry analyst said the proposed merger of Jones & Laughlin Steel and Youngstown Sheet and Tube may be a sign of confidence in an industry that has closed plants, laid off workers and absorbed record losses to deal with its problems. Dallas-based LTV Corp., owner of J&L, the No. 7 steel producer, and the Lykes Corp, of New Orleans, parent com pany of Youngstown, the next largest steel manufacturer, announced Friday that they had agreed in principle to the merger. A merger would require ap proval of shareholders in both companies and the U.S. Justice Department, which said Friday it would conduct a routine in vestigation of the proposal. If approved, the merger would create a company about the size of the nation’s third largest producer, National Steel Corp. U.S. Steel and Bethlehem Steel are the biggest producers. If the merger proposal was a sign of hope for steel’s future, it came at a stark moment in the industry’s history. Imports, capturing a record share of the Congress approves saccharin delay WASHINGTON (AP) - A proposed 18-month delay of a federal ban on saccharin is on President Carter’s desk after receiving final congressional approval, even as a new study linked the artificial sweetener to cancer in animals. The Senate approved the measure on a voice vote Friday after a House-Senate confer ence committee ironed out dif ferences in two versions passed earlier this year. The bill would require prod- FIRST BAPTIST CHURCH Hill at Taylor SUNDAY SCHEDULE 9:45 Sunday School 11:00 Morning Worship “How Much Should I Give?” By Dr. Morgan ♦♦♦ 5:00 - Church Training 6:00- Evening Worship “How Big Is Your Circle?” By Vic Greene ♦♦♦ YOU can benefit from worship at First Baptist ♦♦♦ Dial-A-Prayer 227-7381 I Sunday 7 P.M. I I FELLOWSHIP I I BAPTIST CHURCH I Featuring I “The Saints” from Columbia, S.C. Wayman Merritt, Pastor B domestic market, have been depressing prices and profits. J&L reported earlier that it lost $4.7 million in the year’s third quarter. Profits in the first nine months amounted to a meager $889,000 — off 97 per cent from 1976. Lykes said Friday it lost $117.2 million, or $12.97 a share, in the third quarter. For the nine-month period, the com pany said, losses totaled $175.4 million. Most of Lykes’ third quarter loss was attributed to a shut down of operations at Young stown’s Campbell Works in Youngstown, Ohio, which af fected 5,000 workers. Bethlehem recorded a $477 million loss in the third quarter, the largest ever by a U.S. company. Bethlehem’s performance was affected by plant closings and layoffs involving more than 7,300 workers, mostly in Lack awanna, N.Y., and Johnstown, Pa. Year-to-date steel earnings for the nation’s five leading producers, excluding extraor dinary losses due to plant clos ings, are 69 percent behind 1976 levels. Producers estimate U.S. con sumption will total 108 million tons in 1977, making it one of the three best years for steel demand. ucts containing saccharin to carry labels warning that the substance is a potential health hazard in humans and has been found to cause cancer in labo ratory animals. The legislation would affect millions of calorie-conscious consumers who regularly use diet foods and beverages. Meanwhile, a congressional report reaffirmed earlier find ings by Canadian scientists that saccharin is a potential cause of cancer in humans. But the new study called the sugar sub stitute one of the weakest can cer-causing agents ever de tected. The report, by the Office of Technology Assessment, said current testing methods, in cluding high-dose animal tests, “can predict that a particular substance is likely to cause cancer in humans.” But the office, which advises Congress on scientific matters, said its study found there is no way to reliably assess the hu man cancer risk posed by sac charin. In reassessing animal test data with saccharin and com paring this with data for known carcinogens, the study said “saccharin was found to be, among the weakest carcinogens ever detected in rats.” But the study noted that even though saccharin is a weak car cinogen, its potential risk to hu mans could be substantial if many people are exposed to it regularly. The researchers said that if 200 million persons drank one can of diet soda per day, the number of additional cancer cases could range from 600 to 15,000 each year. The congressional com promise calls for placing the following warning label on products containing saccharin, the only major artificial sweet ener left on the market: “Use of this product may be hazardous to your health. This product contains saccharin which has been determined to cause cancer in laboratory animals.” The FDA had proposed ear lier this year to ban the sale of saccharin following a Canadian study showing that the artificial sweetener caused bladder can cer in laboratory rats. i ink ct— J .pt W XL ■ Im r 9 ' Ik ft Farmers protesting low prices take part in motorcade. 2,000 farm tractors enter Statesboro in farmer’s largest demonstration STATESBORO, Ga. (AP) - “We are headed the wrong way — we should be headed for Washington,” said Bulloch County farmer J.P. Lanier as he watched a 10-mile-long pa rade of 3,000 tractors roll into Statesboro. Friday’s “tractorcade” was the biggest demonstration of farmer dissatisfaction ever in south Georgia, and the massive line of farm machinery was meant to illustrate demands for higher produce prices. Farmers in Georgia and throughout the country are demanding better federal price supports for their products, and ■>d • »«»• *** BBBJB ~ —■ —■— hi i|rß! jjjfjAkJfw- WwL •fit ” « wß»t " BrW B u W Tractors and farmers crowd Statesboro in the protest. Escapees refuse extradition COVINGTON, Ky. (AP) - Two Columbus, Ga., men ac cused of escaping from an Ala bama prison have refused ex tradition following their arrest in a Covington, Ky., bar by Kentucky State Police. Charles Burton, 32, and Den nis Dinkins, 28, were scheduled for arraignment in Covington Police Court on Wednesday. They were being held in the Kenton County Jail in lieu of SIO,OOO bond. Dinkins was serving a life sentence at the Kilby Correc tional Facility in Montgomery, Ala. they say they might strike if their demands are not met. Several speakers at a rally in front of the Bulloch County Courthouse drew cheers from the crowd when they called on U.S. farmers to stop planting crops until they’re assured a fair return for their work. In Georgia, farmers also are angry because of delays in processing federal loans for those hit by last summer’s crop damaging drought. “The rally went real well,” said Bulloch County farmer Jimmy Blitch. “The main thing is to get some public awareness that the farmers have got some | Singing — Hear The ! j TRAVELER’S QUARTET I | This Sunday, Nov. 6at 11:00 A.M. Until ?. Dinner on the = ’ ground.! | | Are you tired of playing church and hearing just a social | gospel? Then come to | I Northside | j Baptist Church j )LaPrade Road off N. Expressway Where The Family Comes First! j j A Bible Centered — Family Oriented Church f problems, some things we can’t seem to push through Congress. “People are just going to have to understand that if we’re going to have a good, de pendable supply of farm pro duce, the farmer is just going to have to get paid better,” he added. Meanwhile, U.S. Sen. Sam Nunn of Georgia announced that Congress had granted the Small Business Administration an additional $1.4 billion for disaster assistance to farmers. “The SBA is virtually out of money for this program. They have received applications for $946 million nationwide, and Page 3 over $745 million of these are from Georgia alone,” Nunn said. Although the farmers are serious about their demands, the atmosphere in Statesboro was cheerful. Children were let out of school early, and many businesses closed at mid-day. A number of roads along the parade route were blocked off by authorities, and the tractor cade went smoothly. It took about 90 minutes for it to arrive at the courthouse square from the fairgrounds starting point. "It was the biggest crowd I’ve ever seen in Statesboro —for anything,” Blitch said. Man arrested for robbery MIAMI (AP) — A 21-year old Longwood, Fla., man has been arrested on bank robbery charges, the FBI announced. Agents said John Thomas Govoruhk was arrested at Longwood Friday. They said he is charged in the robberies at the Heritage Federal Savings and Loan Association of Hallen dale, Fla., in July 1976 and the Tucker Federal Savings and Loan of Atlanta last January. A preliminary hearing for Govoruhk before a federal judge at Orlando was scheduled for Friday, but was continued until Monday, officials said. Agents did not release the amounts of money taken in the robberies. CONGRATULATIONS I Dyan Williams As Winner Os California Concept State Competition jk x ‘ £ ' ■F ml Ju / i® B w * ■T'B® ; a ■ 1 I Raymond Sensing, Vice President of California Concept presents trophy to Dyan Williams after defeating com petition from twenty-one California Concept Hair Styling Shops throughout Georgia. Byron Smith, Regional Manager looks on. Call For Your Appointment Today 227-6638 — Griffin Daily News Saturday, Novembers, 1977 Abortion Congressmen close to payment solution WASHINGTON (AP) - Squabbling senators and repre sentatives are “closer than ever” to deciding when the gov ernment will pay for abortions for poor women, says one of the congressmen trying to end a 3Vz-month impasse between the two houses. Sen. Edward Brooke, RMass., commented after a compromise resolution won final approval ensuring that paychecks won’t be delayed for 275,000 federal employees affected by the dispute. The compromise agreed to Friday was more liberal than the House’s original position on paying for abortions, but more restrictive than the Senate stand. The resolution was the second approved by Congress in the last month to ensure that pay checks and operating money for the departments of Labor and Renovating drives poor from their neighborhood SAVANNAH, Ga. (AP) - Rising property values in reno vated historic districts are driv ing out blacks and other low in come groups, delegates to a na tional conference on housing were told Friday. William Murtagh, keeper of the National Register for the National Parks Service, told about 300 city officials attending the four-day conference that tax appraisers are a “crucial resource group” in the move to stop displacement ot the poor from inner city areas. “I think up to now we’ve skirted the basic problem. It’s the market place,” he said. “To really get at the prob lem,” he added, “we need to assess what we can do to take off the pressure” that prompts cities to favor movements that tend to bring in wealthy white residents and drive out poor black residents. Arthur Zeigler, president of the Pittsburgh History and Landmarks Foundation, told the conference, which ends to day, that conferees should try to resolve two things: “First, that a diverse neighborhood is what we should aim for and, second, k(> -MB- <) 0 O <> <> <> <> O 0 WORSHIP WITH IIS j SECOND BAPTIST CHURCH j = Sunday School 9:45 A.M. A | Morning Worship 11:00 A.M. | ▼ Special Children’s Worship 11:00 A.M. ? | Church Training 6:30 P.M. | Evening Worship 7:30 P.M. (Pastor Education-Music I BiUy Southerland Hugh Canterbury Health, Education and Welfare and smaller agencies won’t be interrupted. The measure, which must now be signed by President Carter, guarantees that money to run the agencies won’t run out before the end of November. The $60.2 billion appropria tion is tied to the abortion issue because HEW oversees the Medi caid and social services pro grams through which the gov ernment last year paid out about SSO million for 300,000 abortions. The dispute is the only re maining obstacle to final ap proval for the appropriations bill, which covers fiscal 1978. The compromise in the emer gency resolution would pay for abortions when the life of a woman is endangered, when she would suffer serious health damage and in cases of rape or incest. that a neighborhood should have the right to determine for itself” who should live there. However, he added, “our as sumption is that diversity is good and attainable ... yet the problem is that economic groups tend to want to live to gether.” !our ood eigHßor DICK HYATT 523 East Taylor St. Phone 227-2168 i him for all your family irance needs Lin A | SVAff 6 ARM J ■ tod Ntighbor, Stott Firm b Thin [ J ite Firm Insurance Companies ie Offices: Bloomington. Illinois
