Van Nuys Valley News, July 10, 1973

Van Nuys Valley News

July 10, 1973

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Issue date: Tuesday, July 10, 1973

Pages available: 40

Previous edition: Sunday, July 8, 1973

Next edition: Thursday, July 12, 1973

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Publication name: Van Nuys Valley News

Location: Van Nuys, California

Pages available: 247,339

Years available: 1946 - 1977

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All text in the Van Nuys Valley News July 10, 1973, Page 1.

Valley News, The (Newspaper) - July 10, 1973, Van Nuys, California TODAY'S VALLEY WEATHER I'atciiy low clouds and log in early morning becoming sunny in .afternoon. Highs between !M and 102 degrees, lows 58 to 01. A PCD predicts light eye irrita- tion from smog. NORTH VALLEY EDITION 64 PAGES and GREEN SHEET Established 1911 VOL. 206 HOME DELIVERY BY CARRIER SUN., 1UES., THURS., FRI., MONTHLY TUESDAY, JULY 10, 1973 Mo-! Address. P.O. Box 310, Von Nuys, Colif. 91408 I4b39 iylvon Street 340-0560 342-6101 786-7111 lOc Copy Compiled from the wires of United Press International In a suit filed by the state of Florida yesterday. major oil companies were accused of causing the gaso- line shortage by conspiring to keep prices high and force out independent dealers. "Our position is that there is no shortage." news- men were told by Florida's attorney general Robert Shevin. "The alleged shortage is the result of anticom- Imuortant wire news will be found on Page A-14 petilive practices manipulated by the major companies to drive out their competitors." The antitrust action, filed in U.S. District Court at Tallahassee, is the first of its kind by any government agency, Shevin said, but others will probably follow. He mentioned specifically the possibility of legal action by the Federal Trade Commission. In a report disclosed recently, FTC said the structure of the oil industry is a major factor in the nation's fuel problems. Named in the Florida suit are Exxon, Texaco. Gulf, Mobil, Shell, Atlantic Richfield. Phillips, Continental. Sun. Union, Cities Service, Marathon, Standard Oil of California. Standard of Indiana and Standard of Ohio. RENO, Xcv. (UP1) A Sparks man and his brother said they arc cashing in on an old legend that divorcees throw their wedding rings into the Truckee River. C. H. Carpenter and his brother Ralph, of Mobile, Ala., have been using a gold dredge near the Virginia St. bridge to hunt for wedding rings and coins. Carpen- ter says the old story is true. "We've found a glory hole down there." he said. For example, Carpenter said, they found three wedding rings. 270 pennies, a half-dollar, several quar- ters, dimes and some buffalo nickels on one day alone. In Washington, the Nixon administration de- nied again yesterday it is considering rationing gaso- line. The denial was phrased in the most positive lan- guage used so far. Asked about the persistent rumors that rationing on a nationwide scale is likely, William E. Simon, depu- ty U.S. Treasury secretary, replied: "Absolutely not. I absolutely do not consider ra- tioning even possible. We have a voluntary allocation system in place now that 1 believe is doing the job." Indicating Washington had taken notice of the widespread doubt about whether the gasoline shortage is real or the result of manipulations, administration sources reported the administration's Phase IV econom- ic program might include a rollback in petroleum prices. The administration's voluntary fuel supply pro- gram is a "colossal il was alleged Sunday by Sen. Thomas F. Eagleton. who sponsored a bill giving Presi- dent Nixon authority to order fuel supplies sent Jo energy-short areas. "Instead of using this authority." Sen. Eagleton .-aid in a statement, "the administralion has fiddled around with its so-called 'voluntary' program, which lias been a colossal busl." The possibility of rationing of another kind was raided meanwhile by an expert on world food produc- tion. Americans may soon forced to ration food in order to maintain exports and the dollar's value abroad. he warned. Domestic food rationing would be a letter allerna- 'nc to Nixon'" controls on exports -did Lester 15. Brown, an economist for the nonprofit Development Council. The export control.- were described a.- ;i ini.-takc" by Urown. who directed international .lUricullure development for the I'.S. Agriculture Depl. from to The Micgcstioii rationing brought a p :n Angeles from Arlinc Mat hews, cofoun- of Fight Inflation Together. "I can siy unequivocally that the American con- "timer will not 'buy' rationing 'of when we have >ufficient domes-tic Mrs, Mathews said. She cited the recent massive slaughter of chickens as an example of food supplies being plentiful in this rountry. Also, bhc called attention to the subsidizing of food j-hipment.- overseas. Lending MibMancc lo Mr.-. Mathews' ,-tatement a report yc-K-rday from congressional investigators. the of U.S. wheat to the Soviet I'nion ia-t for ?lv. mrrenl high prv-c of food The neMerday of degrees and a low of 54. Sunday's high 71 and lhe low was The Air Pollution Con- Continued on Pajrc IX Council Approves Measure to Protect Home Buyers By DURWOOD SCOTT Los Angeles City Coun- cil yesterday tentatively approved a "home buyers p r o t e clion ordinance" which has been in the dis- cussion stage for a num- ber of years. The ordinance is strong- ly opposed by the real es- tate industry. Under the proposed or- dinance, slated for final vote next Monday, all per- s o n s selling residential property 'would be re- quired to supply informa- tion to the purchaser on pending liens as well as authorized use and occu- pancy before the sale could be finalized. Target date for the ordi- nance to go into effect is September. The first six months would be a "test peri od" during which procedures could be re- v i e wed and necessary changes made. During the lest period, compliance with the new provisions would be vol- untary. Mandatory com- pliance would become ef- fective after the six-month tost. No vote Taken City Council yesterday approved by a !Mo-2 vole a building and safety com- mittee report calling for passage of the ordinance, which has been revised and discussed for about four years. Xo vole was taken on the ordinance since only 11 members were present and 12 are needed to pass an ordinance on first read- ing. Councilman Arthur K. S n y d e r, (14th District) and Marvin Braudc (llth District) voted against the committee report. Absent were Edmund D. Edelman (Fifth Dis- Gilbert W. Lindsay (Ninth District and Louis K. Nowell (First Snyder labeled the ordi- nance a "ding-dong proce- dure." He said the city can do nothing about the transfer of land or homes b e c a use such transfer "lies completely within the purview of the-state." Questions Raised Braude attempted to amend the committee re- port to insert a disclaimer concerning future zoning1 of land involved in trans- actions. "in affect, Braude's argu- ment was that stating at time of transfer lhat a piece of property was in ;t certain zone did not pre- clude a zone change at some future time. Other questions raised, including a query by Robert M. Wilkinson (i2th District) who ex- pressed concern that thii city might not get the re- ports out in time and t h c r eby would create problems for both buyer; and seller in sale and es- crow proceedings. Wilkinson was ful in amending the com- mittee report to say Lie city must provide the m- Continned on Page ttt Drugs: 49 Arrested in Raids Million Worth Seized Intensive Roundup With 'Undercover Buy Plan' Hits Valley, Venice Street Sellers Police said yesterday that 49 persons have been arrested and a quantity of narcotics and dangerous drugs seized in an in- tensive roundup by un- dercover officers. Total street sale value was estimated to be in narcotics and dang erous drugs con- CIRCUS PERFORMER Dale Uaer 10 demonstrates trapeze act while her mother Ernestine Baer holds rigging. Her grandmother. Mrs. The Xow. It will dejx'ivl. on the of A-- sembly Kill 12G7. which ba l.ix is the counU and does no', include Jexied by other agencir.- .such as cities and sthoo' d i .slricts.

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