Purina cites violations in payments
Purina says over five years it acceded to extortionate demands by local officials in paying 154000 improper payments. Six foreign affiliates made improper payments to government officials. A former division executive was reimbursed about 500 for dinners tied to California or federal campaigns. Actions cited possible legal and tax implications. SEC and IRS notified. Company says questionable practices stopped and employees warned of termination for future violations.
MENTIONED IN THIS ARTICLE
ST. Louis
Ralston Purina Co
California
R. Hal Dean
Eagleton Demands Review of Lincoln Meat Lab Site
Sen. Thomas Eagleton charges USDA APHIS mis judged the choice of Lincoln Nebraska for a new midwestern meat and poultry inspection lab. He argues St Louis was better backed by data and lower relocation costs while noting political factors in site selection.
MENTIONED IN THIS ARTICLE
Washington
Thomas F. Eagleton
Agriculture
Earl L. Butz
Agriculture Department
Meat and Poultry Inspection
Lincoln
Neb
Eagleton
Missouri
Buzz
Animal and Plant Health Inspection Service
APHIS
St. Louis
USDA
Nebraska
Damgard
Midwest
Omaha
Beltsville
The
Hidden Costs Revealed in Farm to Retail Food Price Study
The USDA released Cost Components of Farm-Retail Price Spreads for Selected Foods 1974, a 66 page analysis detailing how retail food prices are built from farm costs to packaging and wages. It shows overall industry profits averaging 1.25 cents per dollar sold and beef profits at 2.09 cents, or 8.73 percent of the 33.2 cent gap between wholesale and consumer prices, shedding light on where the consumer dollar goes.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
White House
USDA
Economic Research Service
Earl L. Butz
Butz
Loans on crops show increases
The Commodity Credit Corporation reports 1975 crop financing totalled 1.49 billion through June 30, up nearly 42 million from the previous year. Production loans total 1.08 billion, with 657.3 million value of commodities acquired. peanuts lead CCC inventory with 976.9 million pounds, followed by nonfat dry milk, crude peanut oil, rough rice, refined peanut oil, oats, corn, grain sorghum, wheat, and cheese. A loss of 524.7 million is recorded for the year. Washington AP report.
MENTIONED IN THIS ARTICLE
Washington
Commodity Credit Corporation
Agriculture Department
USDA
CCC
Reagan repeats refusal of VP role after close GOP race
Ronald Reagan repeated he would not accept the vice presidential nomination though he did not rule out a convention draft. In a joint news conference with President Ford after Ford defeated him 1,187 to 1,070 for the Republican nomination, Reagan said he would return to the ranch if drafted but will support Ford and unite the party.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Ronald Reagan
Ford
Reagan
California
Theodore Roosevelt
William Howard Taft
Ada Firemen Battle Three Area Fires
Ada firemen battled three fires Wednesday. At 11:40 a.m. a hay field on Escal Myers property six miles northwest of Ada on SH 13 ignited from a welding torch, causing about 1200 dollars damage after two hours of effort. A second fire at 1:08 p.m. on SH 99 north of Ada involved trailer tires from Quaker Window Products Co. of Freeburg Missouri, quickly extinguished. A grass fire south of Ada on SH 1 at 10:01 p.m. origin undetermined was brought under control.
MENTIONED IN THIS ARTICLE
Ada
Escal Myers
Myers Ranch
SH 13
SH 99
Quaker Window Products Co
Freeburg
SH 1
Hospital plan to name Ada facility after Carl Albert
Governor Overton James backs naming the future Ada Indian hospital Carl Albert Memorial Hospital citing Albert's support and appropriations totaling 12.5 million dollars. Albert, retiring in January 1977 after 30 years in Congress, will visit Ada at 1 pm Friday during a campaign tour to attend a ground breaking ceremony tentatively set for August 1977.
MENTIONED IN THIS ARTICLE
Ada
Carl Albert
Chickasaw
Overton James
Albert
James
Carl Albert Memorial Hospital
Indian Health Services Office
Oklahoma City
Carl Albert Hospital
Chickasaw Times
Oklahoma
Health Services Office
Congress
Officials cut grain fed figures amid farm program steps
The Agriculture Department trimmed its projections for grain fed to livestock for next year and announced early steps toward a national beef promotion program passed by Congress. Corn crop forecasts fell to 6.19 billion bushels, prompting a 4 percent cut in cattle feed estimates to about 3.9 billion. Beef and cattle market dynamics, price shifts, and carryover stocks shaped the outlook as producers face tighter feed supplies and sustained demand pressures.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Congress
USDA
J. Dawson Ahalt
Ahal
Also Mentioned on This Page
Purina
Securities and Exchange Commission
Internal Revenue Service
John M. Damgard
Marking and Consumer Services
Minneapolis
Dennis King
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