Gougers Face Criminal Action Says Energy Chief
Federal energy chief William E. Simon said charges will be filed against those who gouge gasoline prices. He noted fines and referral to the Justice Department and discussed a possible 10 gallon per customer limit. He favored rationing only if leaks from the Arab embargo persist. Prices may reach 55 cents next spring, not $1, he said.
MENTIONED IN THIS ARTICLE
Washington
Federal Energy
William E. Simon
ABC
Simon
Federal Energy Office
Justice Department
Gulf Oil
Standard Oil of
Ohio
Ashraf Ghorbal
CBS
Israel
U.S. News & World Report
Self-Styled Rationing at Warrick’s Shell Station
In Phoenix a service station owner limits gasoline sales to customers who buy a $10 coupon book. The plan aims to curb long lines and keep business orderly, offering 100 gallons of gas at 44 cents after 4 pm daily and Saturdays, through January, with the $10 usable for oil, services, or accessories but not for more gas.
MENTIONED IN THIS ARTICLE
Phoenix
Ariz
Fred Warrick
Warrick
Shell
Banks Control Stock Of Large Corporations
Senate subcommittees charge stock holdings are hidden from regulators and concentrated among a few large institutions. The 419 page report ranks Chase Manhattan as the largest holder in 20 companies, with First National City Bank, Morgan Guarantee, Bankers Trust, Chemical Bank, and others also prominent.
MENTIONED IN THIS ARTICLE
Washington
Senate
Chase Manhattan Bank
First National City Bank
Morgan Guaranty
Bankers Trust and Chemical Bank
Bank of New York
Bank of America
First National Bank of Chicago
Lee Metcalf
D-Mont
Edmund S. Muskie
D-Maine
USC Trustees Urge Cut Back on Outdoor Sports Lighting
The University of South Carolina trustees urged the athletic department to minimize electricity use for outdoor sports amid an energy crisis. They also proposed raising student health service fees by seven dollars per semester to 27 and housing costs by 10 to 30 dollars, with married housing rents increasing from 60 to 70 dollars lower and 120 to 150 dollars upper per month.
MENTIONED IN THIS ARTICLE
Columbia
University of South Carolina
University
South Carolina National High Interest Savings Plans
The bank touts 74 percent interest with deposits from 1 000 to 20 000 and daily compounding for higher returns. Withdrawals before maturity lose 90 days interest and revert to regular savings rates. A chart suggests Bonus Certificates as a better option, with a punchy ultimatum to switch banks.
MENTIONED IN THIS ARTICLE
South Carolina National
Also Mentioned on This Page
Gulf of Suez
Egypt
Ee Security Federal
Aiken North Augusta
USC Athletic Department
South Carolina
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