Oil Firms Post Higher Profits in Second Quarter
New York reports show multiple oil majors lifting profits in Q2 as crude prices rose on domestic and international markets. Standard Oil of Indiana posted after tax earnings of 280 million on 247 billion in revenue, up 181 percent from a year earlier, while Shell and Cities Service also showed strong gains and Tenneco more than doubled year over year.
MENTIONED IN THIS ARTICLE
New York
Standard Oil Co
Indiana
Shell Oil Ca
Cities Service Co
Tenneco Inc
Vangonerate
Indiana Standard
Shell
Tatesk
Riod
Gillis’ Service
Cilgo
Citgo
Dairy official may face bribery charges
Watergate prosecutors may file bribery charges against a dairy cooperative official connected with Nixon era price support actions. David J. Parr pleaded guilty to conspiracy to donate up to 222 450 in improper campaign support. Prosecutors say Parr’s group and two sister co ops gave 632 500, as they weigh charges involving the March 25 1971 price support decision and the 1972 Nixon campaign pledge.
MENTIONED IN THIS ARTICLE
Washington
Nixon
David Js. Parr
Kervices
Hubert
Fr. Humphrey
Wilbur D. Mills
Parr
Suitslea
House
Watergate
Pure Sons
Associated Milk Producers, Inc
San Antonio
Tex
Farmers Chop Corn Amid Destruction In Iowa Fields
In Council Bluffs Iowa Ray Kenkel reports his 18 acres of corn nearly died as a drought scorches crops. He salvages what he can by chopping for silage while cattle feed on 450 head. Investigators note nitrate levels and heat, with no substantial rainfall since early June.
MENTIONED IN THIS ARTICLE
Council Bluffs
Kenkel
Dryland corn in Nebraska needs 3 inches of rain next week
North Platte AP reports 170 farmers from 300 counties gathered at Gov. Sexon to discuss drought. They say dryland corn may fail if rains do not come, while irrigated corn is uneven as wells dry. Some counties report hay cuts declining and cattle feed shortages worsen as ranchers sell calves.
MENTIONED IN THIS ARTICLE
North Platte
Nebraska
J. J. Sexon
Rarietiers
Anh
Doug Murfield
Taine’ County
Valley County
McPherson
Frontier County
Soln
Amtrak promoters invited to Washington
Promoters from Nebraska and Iowa seeking Chicago to West Coast passenger service will meet August 20 with John Barnum, secretary of Transportation, in Washington to formalize a route application. The Western Association of Railroad Taskmen Bers and WARK officials will seek local representation along the proposed corridor, with WARP handling 80,000 constituents.
MENTIONED IN THIS ARTICLE
Associated Press
John Barnum
Department of Transportation
Tassem Bers
WARP
J. Arts
Yiernee
Wba of Commerce
Carroll
Iowa
WARK
Ite
Amtrak
Schuyler freshman welcome planned by FHA group
Schuyler Central High School hosts the freshman welcome for FHA with a 7:30 Thursday park gathering. A discussion on FHA plans for the year follows a business meeting, then a scavenger hunt at the Francis Rea home. The event invites all interested in FHA and the group’s governors in 10 states. The route outlines a cross country trek from Chicago through Iowa to Omaha and beyond to Oregon and California.
MENTIONED IN THIS ARTICLE
Schuyler
Central High School
FHA
Francis Rea
Valerine Lon
Schuyler Contra Atl
Youle
Chicago
Clinton
Cedar" Rapids
Ames
Carroll
Iowa
Omaha
Union Pacific
Grary Island
Platte
Ogallala
Neb
Wyoming
Portland
Ore
Los Angeles
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