Forbes profiles Stephens brothers in wealth rise
The Forbes feature traces Witt and Jack Stephens from selling belt buckles to building a vast investment empire starting with Arkansas Louisiana Gas Co. Witt funds Carter’s Arkansas landslide while Jack now manages the enterprise and Witt retires to a 3000 acre stock farm.
MENTIONED IN THIS ARTICLE
Tom Ed Hays
First National Bank
Forbes
Witt Stephens
Jack
Arkansans
Fame and Fortune
Arkansas Louisiana Gas Co
Witt
Jimmy Carter
Arkansas
Stephens Brothers
Pryor Plan Cuts Aid for 57 School Districts in Arkansas
Gov. David Pryor says 57 districts would receive less state aid under his distribution plan, despite an overall $18 million increase. Forty three districts in eastern and southern Arkansas face reductions as enrollment declines while districts with growing enrollments gain funding. Pryor explains the dollar will follow the student, causing some districts to lose money even with the net rise.
MENTIONED IN THIS ARTICLE
Little Rock
David Pryor
Pryor
Arkansas
Falcon Jet Won $228 Million Federal Contract
Transportation Secretary William T. Coleman approved a $228 million federal contract for Falcon Jet Corp of Little Rock. The first plane is set for delivery in 30 months with an official signing anticipated soon, promising an economic boost for Little Rock and central Arkansas.
MENTIONED IN THIS ARTICLE
Washington
William T. Coleman
Falcon Jet Corp
Little Rock
John L. McClellan
McClellan
Arkansas
Longet jury pool hears details of love life in Sabich case
Potential jurors reveal intimate glimpses of Claudine Longet and Vladimir Sabich’s life before his death. Aspen jurors discuss party rumors and their views as jury selection progresses for Longet’s murder trial.
MENTIONED IN THIS ARTICLE
Claudine
Aspen. Colo
Claudine Longet
Vladimir
Spider” Sabich
Rocky Mountain
Sabich
John Erspamer
Miss Longet
China quake toll second highest in history says SCMP
Hong Kong's South China Morning Post reports a top secret Chinese document claiming the July quake in northeast China killed 655237 people and injured 779000, with Tangshan and Tianjin among the hardest hit. The government has not released official figures.
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China
Hong Kong
South China Morning Post
Peking
Tientsin
Shensi
Calcutta
India
Alaska
San Francisco
Hsinhua
Tangshan
West Point readmission blocked after cheating scandal
Army Secretary Hoffmann rejects early readmission for 151 cadets tied to the homework cheating scandal. He will implement most Bor man commission recommendations and keep cadets out until after a year’s suspension, delaying graduation for the class of 1977. Borman praises the move as strengthening and improving the academy.
MENTIONED IN THIS ARTICLE
Washington
Army
Martin R. Hoffmann
West Point
U.S. Military Academy
Hoffmann
Frank Borman
Eastern Air Lines
Borman
Miami
Pentagon
Defense
Donald Rumsfeld
Stolen Cattle Recovered After Interstate 30 Theft
Cattle stolen earlier this week from Ned Ray Purtle’s farm along Interstate 30 have been recovered. Purtle was en route to retrieve his stolen herd and was unavailable for comment. No further details were released at press time.
MENTIONED IN THIS ARTICLE
Ned Ray Purtle
Purtle
Arkansas Weather Forecast Mixed Clouds and Low Temps
Partly cloudy conditions in Arkansas with drizzle possible in the north and a preference for cooler air. Tonight will grow increasingly cloudy and cold with a slight rain chance in the south and light wintry mix in the extreme north. Wednesday remains cloudy and cold with some snow flurries or sleet in the north and rain elsewhere. Temperatures range from highs in the upper 30s to mid 40s and overnight lows in the teens to mid 30s.
MENTIONED IN THIS ARTICLE
Arkansas
Coast Guard resumes tanker Grand Zenith search in North Atlantic
The Coast Guard may soon begin searching for possible life boats and life jackets from the tanker Grand Zenith missing with 8 million gallons of industrial oil. Seven planes from U S and Canadian coast guards plus U S Navy and Air Force units cover about 100000 square miles off southeastern Canada and the U S Northeast.
MENTIONED IN THIS ARTICLE
Boston
Coast Guard
North Atlantic
U.S
Somerset
Mass
Yarmouth
Nova
Hiker dies in Sierra storm as girlfriend is rescued
Jeri Ann Grassmueck 22 walked to a helicopter after a blizzard trapped her and Steve Sheppard 20 during a 30 mile snowshoe trek in the Sierra Nevada 250 miles northeast of Los Angeles. She survived frostbite and was taken to Northern Inyo County Hospital in satisfactory condition.
MENTIONED IN THIS ARTICLE
Bishop, Calif
Jeri Ann Grassmueck
Sierra Nevada Mountains
Steve Sheppard
Inyo County
Miss Grassmueck
Bob McCoy
Los Angeles
Loren Grassmaeck
Altadena
Demo leaders begin work on Carter jobs program
Democratic leaders in the 95th Congress start work on President elect Carter's jobs program without waiting for inauguration. They also plan to shelve Ford tax-cut proposals awaiting Carter's plans due later this week. The first Carter measure a $4 billion public works expansion could create up to 600000 jobs.
MENTIONED IN THIS ARTICLE
Washington
95Th
Congress
Carter
Ford
Robert A. Roe
D-N.j
House
Thomas P. O'Neill
Massachusetts
Plains
Hempstead County budgets focus of Quorum Court meeting
Hempstead County Quorum Court held its first regular session to discuss the new zero-budget plan and a January special budget meeting. County Judge Wayne Bohannon will present the county budget, with officials agreeing to send all budget requests to the County Clerk and to issue agendas five days before special meetings and three days before others.
MENTIONED IN THIS ARTICLE
Wayne Bohannon
Hempstead
Hempstead County
Justices of the Peace
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Mercury
Fendant
Andy Williams
Patricia Hearst
Southern Exposure
Scotia
U.S. Coast Guard
Richard Griggs
Dallas
Grand Zenith
Georges Bay
Cape Cod
Argo
Nantucket
Sea King Corp
New York
Zenith Navigation of
Panama
McCoy
Sheppard
Congess
Robert C. Byrd
West Virginia
Senate
Sen
Hubert H. Humphrey
Minnesota
Byrd
O'Neill
House Democrats
Times
Quorum Court
Clifford Franks
Dee McMurrough
Doyott Collins