Ford May Delay Oil Tariff Amid Democratic Energy Talks
President Ford signaled a possible 60 day postponement of the 1 per barrel oil tariff hikes set for March 1 and April 1 to give time for a bipartisan energy program. White House aides said a decision could come by Monday or Tuesday after talks with Democrats and Republicans.
MENTIONED IN THIS ARTICLE
Frank Cormier
Washington
Ford
Senate
House
White House Press
Ron Nessen
Nessen
Administration
Congress
John J. Rhodes
Arizona
Fog Shrouds Southland Weekend Weather
National Weather Service forecasts continued fog cloudy skies and chilly conditions in the Southland this weekend. Lingering fog could trigger airport closures and traffic snarls as Los Angeles International Airport remains on alert and Riverside County reports a major pileup on the Riverside Freeway with about 200 vehicles.
MENTIONED IN THIS ARTICLE
Southland
National Weather Service
Los Angeles International Airport
Highway Patrol
Riverside County
Riverside
Bob Kovach
Corona
Hell of a whodunit in Skid Row Slasher case expands suspects
Los Angeles police say there are well over 50 good suspects in the Skid Row Slasher murders, with a large task force reviewing backgrounds, MO s, and prison records. The investigation, entering a nitty gritty phase, aims to solve nine throat slayings across Skid Row and Hollywood.
MENTIONED IN THIS ARTICLE
Nancy Day
Associated Press
Los Angeles
George Beck
Beck
Cmdr
Ray Ruddell
Hollywood
Manuel Garcia
Ruddell
M.o.s
U S space mission in jeopardy amid McDonnell Douglas strike
U S space officials fear the 19 day-old IAM strike against McDonnell Douglas could delay the joint U S Soviet space mission. Federal mediation urged a meeting in Los Angeles with IAM and McDonnell Douglas leaders to resolve the dispute as 19000 workers conducted strikes in St. Louis Florida California and Arizona. The docking system test aims to enable international space rescues if needed and the Cape Kennedy prep site remains active with an Apollo spacecraft ready for launch.
MENTIONED IN THIS ARTICLE
U.S
McDonnell Douglas
International Association of Machinists
Federal Mediation Service
John Fanconaro
William Usery
Los Angeles
IAM
St. Louis
Florida
California
Arizona
U. S. Space Agency
Machinists Union
Cape Kennedy
Space Agency
Lockheed deal canceled
Textron and Lockheed announce the investment and loan plan to terminate the federal loan guarantee has expired after the deadline. Lockheed will continue working with banks Bank of America Bankers Trust Lazar Freres & Co. to strengthen its equity base while operations remain unaffected.
MENTIONED IN THIS ARTICLE
NEW York
Textron Corp
Lockheed Aircraft Corp
Providence
R.I
Lockheed
Los Angeles
Lockheed’s
Textron
Lazar Freres & Co
Haughton
Bank of America
Bankers Trust
FHA and VA loan rates cut to 8 percent
The government said the maximum rate on FHA and VA loans will drop to 8 percent effective Monday, down from 8.5 percent since January 1. Officials attributed the cut to lower commercial interest rates.
MENTIONED IN THIS ARTICLE
Washington
UPI
Low mood cited as possibility in recession debate
Demo economist warns recession could slip into a low mood with the economy lagging. Anna Schwartz blames the Fed for delaying recovery, while Arthur Burns says the Fed is accelerating monetary growth. Banks cut prime rate to 8 percent as loan demand sags.
MENTIONED IN THIS ARTICLE
Federal Reserve
Bank of America of San Francisco
First National City Bank of New York
Arthur M. Okun
Council of Economic Advisers
Johnson
Congress
Anna Schwartz
National Bureau of Economic Research
New York
Arthur Burns
Fed
Mrs. Schwartz
Sihanouk proposes reconciliation with United States
The United States pursues a negotiated end to the Cambodian war but faces a lack of clear counterparts in Lon Nol's Phnom Penh government. Sihanouk, based in Beijing, calls for U.S. withdrawal of interference and talks with his Royal Government of National Unity while Kissinger notes negotiations reflect on-the-ground realities. Ford asks Congress for 222 million in Cambodian aid, warning negotiations cannot substitute for battlefield conditions.
MENTIONED IN THIS ARTICLE
Washington
United States
Det
Phnom Penh
Lon Nol
Cambodia
Norodom Sihanouk
Moscow
Sihanouk
Peking
Cambodian Government of National Unity
U.S
Ford
Sih
Vietnam
State Kissinger
House
Carl Albert
World Oil Glut Hides Prices You May Not See
A brief item notes an oil glut lowering prices in theory, but consumer visibility remains limited as markets adjust. The report hints at broader economic effects and consumer impact across industries.
Also Mentioned on This Page
Cordoba
Argentina
John P. Egan
Egan
Montoneros
Peron
Fatherland
Juan D. Peron
Alberto J. Vignes
Guerril
Jose Osuna
Riverside Freeway
Douglas
Daniel J. Haughton
G. William Miller
Federal Housing Administration and Veterans Administration
Richard Hughes
Mrs. Schwarts
Nixon
U.S.A
David Saxon
CBS
CIA
Mills
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