Phone refunds may bankrupt Pacific Telephone
AP reports Pacific Telephone and Telegraph faces possible bankruptcy after a state Supreme Court ruling requiring refunds of about 141 million dollars from customers. AT&T, owning 98 percent of stock, may lend, but experts warn ongoing cash strain could push the firm toward insolvency.
MENTIONED IN THIS ARTICLE
Los Angeles
Paville Telephone and Telegraph Co
Supreme Court
Pacific Telephone
High Court
Arthur ¥. Dunn
Wedtnesday
American Telephone and Telegraph
At&t
Aclfee ‘Telephone
ATRT
George Slaff
Federal Power Commission
Slaff
EBMUD budget shows 13.3 percent rise due to new construction
East Bay Municipal Utility District board notes a 13.3 percent budget increase for the coming fiscal year to 42,085,000 driven by a 16 million capital program. Major projects include a Moke Tumne aqueduct plant at Walnut Creek and San Pablo Dam work. Operating costs rise about 6 percent. property tax rate remains unchanged. Final board action set for June 27.
MENTIONED IN THIS ARTICLE
East Bay
Tie District
Board of Directors
Oakland
Walter
Guevral
John &Hammett
Walnut Creek
San Pablo Dam
Ford strike stalls as no talks scheduled
No talks have been scheduled in a Ford Motor Co. plant strike involving about 3,000 workers over health and safety disputes. The plant, key producer of Pinto compacts and light trucks, has tensions rising after workers walked off the job Wednesday.
Wall Street McGovern to affect market
Dean Willer & Co comments on Senator George McGovern’s impact on stocks forecasting a market pause. Wright Investors Service anticipates a summer rally at solstice with a fully invested position in equities, favoring resilient industrials. BE. F. Hutton says the market looks better and stronger issues attract traders. Reassessments may occur in August and September as election dynamics unfold.
MENTIONED IN THIS ARTICLE
New York
Dean Willer & Co
George McGovern
McGovern
Wright Investors Service
Advires
White House
BE. F. Hutton
Record auction at Farmers Cooperative marks corn sale
Corn fetched a record price of 83 per ear at the Farmers Cooperative Marketing Association Vegulative Day in Houston. Homer Roh of Spring, Texas, sold the grand champion crate for 5 008 dollars, surpassing last year’s 2 000. The auction totaled over 92 000 dollars despite rain during judging.
MENTIONED IN THIS ARTICLE
Houston
UPI
Farmers Cooperative Marketing Association
Homer Rolh
Spring
Tex
John Nagy Jr
E. A. Walbrecht
Natonal Weather Service
Houstan
Bay Area to add thousands of new housing units
William Leonard of the Associated Home Builders of the Greater East Bay forecasts about 59,000 new housing units annually in the nine-county Bay Area over 10 years. About 44,000 could be modest-cost, with 17,000 subsidized by the federal government. Substantial construction expected in sales, rentals, and mobile homes.
MENTIONED IN THIS ARTICLE
San Francisco Bay Area
William Leonard
Associated Home Builders
Greater East Bay
Leonard
Department of Housing and Urban Development
Bay Area
San Francisco
Oakland Sharket
San Ford
Napa-Solano
Santa Nos Ho
Bull
Leonard Sak
Ife
Kay Aven
Economic picture shows wage and production slowdown May
Washington reports slower growth in wages and salaries and factory and mine output from April to May while personal income climbs. The Commerce Department notes a nine month run of growth despite a May production slowdown and a larger deficit in early 1972 balances.
MENTIONED IN THIS ARTICLE
Washington
WEI
Federal Reserve Board
Commerce Department
Werciesday
Jwages
U.S
Japa
Slo Pillioh
Also Mentioned on This Page
EBMUD
Ltt
Dean Witter & Co
A St
Hayward
Ting
Las Palmas
Arthur M. Hardy
Azballa Drive
Agit
California
Clifford A. Majersie
Geary Street
Ban Francisco
Aim
Irwa Majersee
Geay
Charles J. Michel
Fifeert
Francisco
Raymond J. Morgan
Fairway Drive
Napa
Dorothy M. Morgan
Fairway
Napa, Cabissila
Fremont
Mary Lou Ruth
Chiltern Drive
Peianant
Ceaeal Bartareshop
Harles
J. Ruth Genera
Ps Rane
County OF
Alameda
Helen Roche
Pietro Rochi
Helens Rochi
Spering
State of California
Haery, Tucker
Smith
Pietho Acch
Helen Rochi
FF Ucker
Feaney
Tuckan
B Street
P.O
Legal Notice Superior Court OF the
Maria Satarrese
Maria's
Mataigiese
Noortce
Francis. J. Matarrese
Maria Matarrese
Maria S. Natarrese
Suprise Court
Lof Alameda
Martins
Benanwapat
Deluccht
Calif
Sore Y Branhardt
Mission
American Express
America
Sen
Indras
Kener Steel Iy
Wall Street
O'Neill
Fee
Woolrichie
Seagau
Home Builders Chief
Cvatch
Anouth
Department
Cotas
Uae
Kodak
Minolta
Polaroid
Square Shooter
Southland Mall
Taster
Beth Samon Sa
Hi-Matic
Hestric
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