Press and Sun-Bulletin from Binghamton, New York • 40

1 Business Beat (' J-Plwii 1 Ik lf fel r'lrH ffellSi Loblaw Closing Binghamton Store The Loblaw supermarket at the junction of Robinson Street and the Brandywine Highway, Binghamton, will close on Dec. 21, a spokesman at the Loblaw corporate office in Buffalo said today. The spokesman said the decision to close the Binghamton store had been made about six months ago. "The store was outmoded not the type of facility we like to provide for our customers," he said. The Loblaw.

spokesman said that the company is planning to relocate the store in the Binghamton area, and also intends to open an additional two to three stores here. He said he could not comment now on when the relocation the site selection for the new stores would take v. "We are still in the early stages of planning, and are currently looking for sites," the spokesman said. He said that employes of the Robinson Street store would "be absorbed into other local stores." Dwight Harris, president of Harris Foodlines Binghamton, said that the store at 67-71 Rcbinson St. will reopen in January 1975 as a Harris Foodlines store.

Harris estimated that the store will employ. 35 people, with its management taken from existing Har-. ris stores. Raymond Gets Contract The Raymond Greene, has received a $1,116,026 contract for the manufacture of 52 electric -fork-lift trucks from the U.S. Defense Supply Agency, Rep.

James M. Hanley, said Raymond management spokesmen would not make any comment on the contract today. Pledge on Prices The Radio Shack Division of Tandy which operates a nationwide chain of stores, including two in the Triple Cities area, has announced it will not increase prices from this month through June 1975. In the Tier Broome Community College will offer a course titled "Insurance for Agents and Brokers" beginning tomorrow. The class will meet Fridays from 7 to 10 p.m.

and Saturdays from 9 a.m. to noon and 1 to 4 p.m. Tuition is 200 and registration will be tomorrow in Room 232 the BCC Business Building. The instructor is Robert A. Borne, an agent with State Farm Insurance Co.

William E. Sherwood of Castle Creek has been named upstate vice president of the Managers' Forum of the Savings Bank Life Insurance Fund of New York. He is assistant secretary at the Binghamton Savings Bank. Philip Schrader, 2025 Ford Road, Endwell, has been promoted to manager of production control at the Singer Co. Simulation Products Division's flight simulation operation at the Kirkwood Industrial Park Gerald Wood, 3 Baylass Binghamton, was named manager of production scheduling at the Simulation Products Division.

He has been senior production manufacturing controller for the last 18 months. Kenneth R. Hancock, 2108 Richmond Road, Endi-cott, has been appointed to the New York State Board for Public Accountancy for a five-year term by the State Board of Regents. Hancock is a public accountant and runs his own business at 22 Jackson Endicott. The Broome County Association of Independent Insurance Agents recently elected new officers.

Thomas A. Ketrick of Endicott was elected president, and James F. Brady of Vestal vice president. James F. Ayres.

of Binghamton was elected sec-' retary, and David F. Twomey of Endicott was named 1 ca vn-v PRESS PHOTOS BY JOHN J. GUGUELMI i ALL IN A DAY'S WORK A. Perfetti, 515 Swartwood Endicott, construction worker at Oakdale Mall in Johnson City, prepares the Fowler's branch site for foundation columns. Fowler's store is part the second phase of building at the shopping center.

WALL TO WALL Bricklayers at Oakdale Mall put up a wall, for Fowler's department store. The men work within two walls of plastic sheeting, which helps to retain heat from gas burners that are under the scaffolding. The new Fowler's store, which will have about two-thirds the selling area of the downtown Binghamton store, will open in the fall of 1 975. We Are Not Doing What We Need to Do' Henry Ford Takes to the American Road fit ernment funds in private businesses that, although sound, can't get capital financing "because of the collapse of the equity markets and the shortage of loan funds." "The important thing right now' is not to balance the budget, but to give the economy a boost that will be strong enough to lift the nation out of recession but not so strong or so lasting in its effects that it will lead to a new spurt of inflation a year from now," Ford said. The New York presentation was ar- ranged by the Newspaper Advertising Bureau.

to buyer who's being laid off." Iacocca said. Henry Ford, who got mixed reaction two weeks ago with a call for an' increase in the federal gasoline tax two weeks ago. amended that to "a general excise tax on all petroleum." He also proposed a 10 per cent reduction in withholding taxes, federal funding for up to 52 weeks of unemployment compensation, release of $20 billion in federal funds for road and sewage treatment projects, and special public job programs. He suggested "serious consideration" of a program to invest gov tomotive safety and- anti-pollution programs for a while, or else there'll! be further increases in cost and im fuel consumption with very little benefit. The people in Washington aren't acting because they haven't heard from the people.

Ford and Iacocca said. Auto companies and the auto unions have made their pitch for action, "but I believe Congress will respond to consumers." Iacocca added. If federal standards are not re-lazed, he said, the 1978 Pinto "will no longer be a Pinto It'll be a big1, fat horse. What started as a $2,000. 2000-pound economy car will be a $5,000.

3000-pound car with much lower fuel economy." With the present emission standards and some relaxation of safety standards, the 1978 Pinto could sell for $820 less, he said, and get about 24 miles to the gallon. A comparable 1975 Pinto has a $3. 392 sticker. The car is a "disaster area" for Ford Motor which has a 100-day supply of them on hand, "It's the Pin The writer is business editor of the Rochester Times-Union. By JOHN RUMSEY NEW YORK Henry Ford II.

whose grandfather put America on wheels, has hit the road himself, trying to get a message across to America. He's spoken out in Detroit, where they listen to him. and in Washington, where he thinks they don't listen. So Monday the Ford Motor Co. chairman and Lee A.

Iacocca. Ford president, were speaking out in New York. California is probably next. And then well, they better listen pretty soon, says Ford. "We are not doing what we need to do to avoid potential disaster." "Instead of deciding whether Rockefeller ought to be vice president." Congress should act on economic measures to bolster the economy and restore consumer confidence.

Ford told a gathering of newspaper executives and writers here. Iacocca. his teammate, said the government should ease up on the au The Evening Press w.V.V.V.V.V.V.V,V.VtV.V.V.V.V.Vi Busoimess Market Barometer 4 II 8-C Dec. 12. 1974 Many Eligible.

Pupils Don' Get Meal Break Wednesday night speech in which he said he would stick by his economic game plan, but would present Congress with new proposals to fight the "devils of inflation, recession and energy." Area Firms Sylvia Porter NEW YORK (UPI) -Prices turned mixed on the New York Stock Exchange after being lower at the outset, apparently in reaction to government reports inflation may be easing. The Labor Department reported wholesale prices rose 1.2 per cent in November, but at a lesser rate than in October. Also, the reports showed industrial commodities prices rose 0.9 per cent, the smallest rise since September 1973. The Dow Jones industrial average, which was off more than 4 points in the first hour, was ahead 4.88 at 600.12 shortly before noon EST. But declines continued to lead advances, 635 to 49, among the 1,605 issues crossing the tape.

The two-hour turnover amounted to around 7,000,000 shares, compared with 6,730,000 traded during the same period Wednesday. There appeared1 to be mixed reaction to President Ford's dren are eligible for reduced-price lunches at 20 cents or less and-or reduced-price breakfasts for 10 cents or less; for a family of 10, the income limit is $14,260. 4. To apply, get a self-certification application from your child's school and state your yearly income, family size, names of your children in school. Send your completed application to the school principal; the school must reply in five days.

5. If you qualify, the school must start offering your children the meals immediately (assuming the school has a program) 6. If your school district does not offer the program, get a newly revised edition of the pamphlet "How to Get Reduced-Price Meals into Your School" available for 50 cents or whatever contribution you can make from the Children's Foundation, 1028 Connecticut N.W., Room 614, Washington, D.C. 20036. 7.

If you believe that children attending your local school are eligible for reduced-price lunches, start a school food committee; gather the facts on probable eligibility, using the Department of Agriculture's family-income guidelines cited in Point 3. Draw up a petition; send copies to the school board, school supervisor, lunch director; inform the local press. And if for any reason your petition is denied, complain directly ta 'w. If you are a family of four with an income below the federal poverty guideline of $5,640, all your school-age children are now eligible for free school lunches. If you are in the middle-income band between $5,640 and $7,900 for a family of four, your children are eligible for sharply reduced-price lunches costing from 50 cents to 20 cents or in many cases only 10 cents per meal.

For a family with three children paying 50 cents per school lunch, the yearly savings would total $216; for a family with six children, the yearly lunch bill savings would be $432. But if your family income is $7,900 a year or more, your children must pay the full cost of the school lunch, a cost which has been soaring and now runs from an average of 50 cents up to a dollar. In the past four years, the number of children participating in the national lunch program, has risen from 23 million to nearly 25million, with 87,000 schools participating. Meanwhile, the number paying full price has dropped steadily while the number getting free or' reduced-price lunches has more than doubled, from 4.5 million to 9.3 million. But some 18,000 schools do not participate and, of the 5.3 million enrolled in these schools, 2 million are classified as needy and potentially eligible for free or reduced-price lunches.

Today, an official estimate in Washington is that 13 million to 14 million would be getting free lunches if the program were reaching all the children it is tended to reach instead of 9.3 million. Today, a huge 7 million children are eligible for reduced price lunches against only 400,000 actually getting them, estimates the Community Nutrition Institute. The vast majority of schools are not even offering reduced-price meals and most parents of eligible children do not know this option exists. The following quotation are lurnished by E.F. Hutton 1 Co.

end represent an indication of current market value in trading at of about 10:30 a.m. today. Bid Asked Allegheny yt Bank of NY J5H Bankers Trust NY 33'a Becton-Dickinson 37 Bendi Kk Champion Products 10 lO5 Charter NY I9'A Columbia Gas 2l' Crowley's Fays Drugs Vt 3' GAF tVt Gannett 21 GE 33 Gladding IBM 170' Keith-Clark SVa Kroehler I Lincoln First 15 If4 LS. Good Maple Press Marine Midland IS'A McDonough Melville Shoe 5 Morton-Norwich 11' 16H Raymond Vft Vtt Robintech 25 Sears. Roebuck U'ft Singer VH Spaulding 7'm t', Subaru of America ivti Union Vft Universal Instruments e'4 VA Victory I't 2' The catch is that the local school districts not the federal government or state governments decide whether or not reduced-price lunches and breakfasts will be offered.

Frequently, school administrators argue that the program would involve too much paperwork or money and there isn't jenough interest in it. However, you if you are a concerned parent or lower middle-income family struggling to meet your food budget needs can get your local officials to launch a reduced price meal program. Here are the basic guidelines: 1. Wherever a reduced-price lunch program is set up, the school may charge eligible children no more than 20 cents per meal. 2.

If your child is eligible, he or she may not be discriminated against in any way. Any school which has a different kind of lunch token or makes children eat a different type of meal or stand in a different line is breaking the law. 3. Once a child is eligible for reduced-price meals, a school may not stop serving your child unless it can prove you have become ineligible. The income guidelines for determining eligibility are liberal.

If your family earnings after very substantial deductions are, say, $10,240 for a family of six, your chil Standard, Poor's NEW YORK (UPI) Poor hourly lndeevor 43 qMlt l6.B(j ts.RRM.utllS0O.stk II m. 75.19 34 40 33 0 7 41 Noon 7S.94 34.91 33 0 ClOSt 75.47 34.4 13.23 7.7 Yesterday's Stocks the USDA's Child Nutrition Division, Washington, D.C. 20005. The heart of the matter is that reduced-price school meals are provided for under federal law and would be available as a right to every eligible child. In the words of Barbara Bode, president of the Children's Foundation: "Kids should not go without meals at school because others do not want a little extra paper- work." Dow Jones united Press' International 30-lnd J0-Tr 15-Utll 5 Stks II a.m.

594.73 140.0S 03 194.11 Noon 600.59 141.17 09 195 92 Net chg. 5 24 0 23 -0 07 1.03 Pet. Chg. 0.M 0.I4 0.52 NEW YORK (AP) Dow Jones closing stock averages: 30 Indus 595.35 1.41 or 0.24 per cent 20 Trans 141 44 0 97 or 0 61 per cdnt l5Utils 0 1 or 0.90 per cent 5Stks" 194 19 092 or 0.47 per cent Sales 15,700,000 shares. i ia iljvil mm.