General Motors posts all time record six month profits
DETROIT AP General Motors has reported all time record profits of 1.6 billion dollars for the first six months of 1973, surpassing the previous high and yielding 5.62 dollars per share. First half sales reached 13 billion dollars with second quarter earnings at 797 million and share dividends at 2.05 dollars.
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Detroit
Mears
American Telephone & Telegraph
Giant Company Break Up Could Aggravate Shortage
Washington AP reports the fear that breaking up major oil firms could worsen a gasoline shortage. William E. Simon warns refinery capacity is a central problem and divestiture might block needed expansion. FTC suit hints at divestiture by eight majors. Kennedy urges protections for independents and consumers amid energy policy moves.
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Washington
Treasury Department
William E. Simon
Federal Trade Commission
Simon
Senate Subcommittee On Antitrust
Dustry
the Treasury
FTC
Edward M. Kennedy
Dmass
Kennedy
Phillips Petroleum
Exxon
Lee Kennedy
John A. Love
Nixon
All involved With Cattle In Financial Trouble
Utah cattle industry faces rising production costs due to a beef price freeze. W Lloyd Johnson of the Utah Cattlemen's Association cites feedlots, calves, and packers all hit by higher costs while beef prices stay capped. Paul Grimshaw of Utah State University notes grain and transport costs strain feeders and Feldlot owners during the summer convention.
MENTIONED IN THIS ARTICLE
W. Lloyd Johnson
Utah Cattlemen’s Association
Johnson
Association
Utah State University
Paul O Grimshaw
College of Agriculture
Utah State
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Johnson Photos
Magnoria
Western Alfalfa
Fulton Terrace
Garden City, Kans
Holcomb, Kansas
D.C. Garcia
Garden City
Hagle Ballard
The
Kansas Highway Commission
Love
Fulton
Cing
van G. Ryan
N. Main
MFA Security
Atl
Fidelity State Bank
Garden City, Kansas
Federal Deposit Insurance Corporation
Iank