Yorty admits buying Occidental Petroleum stock in 1966
Former Mayor Sam Yorty testified he bought about 3 000 Occidental Petroleum shares in 1963 or 1964, then corrected to November 10 1966, six days after a controversial land swap with the city was conceived. He said memory lapse caused earlier statements and that he did not participate in the negotiations. The government efficiency committee seeks ties to the 1969 land deal granting two prospecting sites in Pacific Palisades.
MENTIONED IN THIS ARTICLE
Sam Yorty
Occidental Petroleum Corp
Yorty
Los Angeles City Council
Governmental Efficiency Committee
Sam Agerleider
Steven Howard
Occidental
Pacific Palisades
Housing Permits Hit New Low As Starts Rise Slightly
The Commerce Department reports January housing starts at a seasonally adjusted annual rate of 987,000, up from 874,000 in December, but still far below last year's 1.3 million level. Permits fell to a record low of 661,000, signaling weak near term demand despite a small rise in starts.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
UAW to strike Monday if Douglas offer rejected
UAW leaders warn 11 000 Long Beach Machinists will vote over 36 hours on a Douglas Aircraft wage package with a strike planned to start at 12 01 a m Monday if the vote rejects the proposal. Union officials estimate the loss of benefits at 14 850 000 dollars and urge members to vote no.
MENTIONED IN THIS ARTICLE
UAW
Douglas
United Auto and Aerospace Workers Union
Douglas Aircraft Co
Griffith
Long Beach
Ing Committee
IAM
International Association of Machinists
McDonnell Douglas Corp
Machinists
Nixon tax advisers indicted over gift papers to Nixon
A federal grand jury indicted Frank DeMarco Jr. and Ralph G. Newman on multiple counts for conspiring to commit fraud in Nixon tax return matters. Edward L. Morgan, a White House staff lawyer, was named a coconspirator. Nixon himself faces potential civil fraud liability but is not charged.
MENTIONED IN THIS ARTICLE
Washington
Richard M. Nixon
Nixon
Frank DeMarco Jr
Los Angeles
Ralph G. Newman
Chicago
National Archives
Grand Jury
Edward L. Morgan
White House
Morgan
Ford
Ex-president Nixon arrives at Annenberg estate for five day Palm Desert visit
Former President Richard Nixon and his wife landed at Walter Annenberg's desert estate near Palm Desert by car just before 4 p.m. They plan a five day stay through Sunday with a celebrity weekend party on the books. Nixon, recovering from phlebitis, had not left San Clemente much since surgery.
MENTIONED IN THIS ARTICLE
Palm Desert
UPI
Richard Nixon
Desert
Walter Annenberg
Riverside County Sheriff’s Office
Nixon
Annenberg
San Clemente
Long Beach Memorial Hospital
Senate votes to suspend oil import tax amid Ford energy battle
The Senate approved suspending the administration's oil import tax 66 to 28 in a clash over Ford's energy program. Ford vowed to veto, noting the veto could not be sustained in the House. Senate expectations for an override remained slim as leaders predicted a close vote.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
Senate
Robert Dole
R-Kan
House panel approves 200 rebate program with tax cut
The House Ways and Means Committee backed a 21.3 billion measure to rebate up to 200 to every taxpayer this year and extend tax cuts in 1975. Liberal efforts to repeal the oil depletion allowance were defeated, delaying action on the tax bill while proponents vow to pursue the amendment.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means
Independent mismanagement and attacks on aid in Reagan era
Summary notes mismanagement of mental health programs during Reagan administration and Republican governors criticizing federal cuts to state aid. Reports on slow improvement in cancer survival despite high spending and references a secret witness on Page B-6.
Also Mentioned on This Page
DeJean Replogle
Israel
Jacksonville
Fla
Stephen Castiglia
United Press International
Doug Griffith
By Eileen Shanahan
New York Times Service
Pat Nixon
H.R. Haldeman
Internal Revenue Service
Palm Springs
Nixons
Hollywood
John C. Lungren
U.S
Great Britain
Sheriff's Department
Locust Avenue
Farmers and Merchants Bank
Long Beach Blvd
Combined News Services
Sam Gibbons
D-Fla
William Green
D-Pa
Henry Ford
Inside Toda
Shipping
Todd Thomey