Annual reports move toward clarity with new SEC rules
The SEC requires clearer language and more detailed 10-K disclosures in 1974 annual reports, while keeping them dense with financial data. Executives warn lawyers may overcomplicate prose, but examples show improved stockholder coverage despite potential legal jargon. Also note big banks cutting prime rates from 7 to 6 1/2 percent amid easing monetary policy.
MENTIONED IN THIS ARTICLE
Richard Hughes
UPI
New York
Securities and Exchange Commission
Phillips Petroleum
U.S
Phillips
Internal Revenue Service
SEC
United Brands
Honduras
Italy
Lighter Side: West Questions Military-Industrial Complex
Washington dispatch notes Dick West questioning absence of military industrial complex warnings in 1970s coverage after a 25 billion procurement bill cleared Congress. Satirical take recalls 1960s rhetoric and jokes about a missing complex as reports hint at sexual integration in school athletic programs.
MENTIONED IN THIS ARTICLE
Dick West Washington
UPI
Senate
Lost & Found
Los & Lound
Sanford Says Nebraska Key Primary State
Former North Carolina governor Terry Sanford outlined Nebraska as pivotal in the 1976 Democratic presidential race noting its May date and sequence after New Hampshire and Massachusetts. He warned he would not run if the date moved before July and urged passage of a date-change bill that failed in the state legislature.
MENTIONED IN THIS ARTICLE
Lincoln
Neb
UPI
North Carolina
Terry Sanford
Nebraska
Sanford
New Hampshire
Massachusetts
Grass that converts air into fertilizer
Gainesville Florida based report details University of Florida experiments with bacteria treated tropical grasses that fix atmospheric nitrogen into fertilizer for pasture and crops. Institute researchers say this could cut oil use, lower fertilizer costs, and boost world food supplies though commercial use is 3-5 years away. The study traces to Brazilian science and a grass variety Transvala digit grass. Grass Carp and environmental notes are also mentioned.
MENTIONED IN THIS ARTICLE
David L. Langford
Gainesville
Fla
Gil
University of Florida
Institute of Food and Agricultural Sciences
S. H. Wedean
West
Florida
Joahanna Debersiner
Brazil
Agronomy
Stanley C. Schank
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Madrid
Spain
Ray J. Garrett Jr
United Press International
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Pentagon
San Vicente DE Chucuri
Colombia
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Pablo Emilio Aguilar
Iwi Bernal
Aguilar
Bucaramianga
Santander
Columbus Nebraska
Lowa Line
Missouri River
State Conservation Commission
Dad
Rusgatt
Little Ambassadors
Jovan
Tooley's Men's
Brut
Remington
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Bt Buxton
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Timex