Bankers eye Soviet and Arab trade to lift US economy
American banks and businessmen push for credits to the Soviet Union and expanded trade with Arab nations. A BoA plan seeks 500 million in short term Soviet credits to buy non military goods, Reuters reports. Officials say such deals would not violate U.S. law and could curb unemployment while opponents cite constitutional concerns over boycott and rights. Ian MacGregor urged using foreign capital to create jobs in the United States.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Soviet Union
Bank OF America
A. W. Clausen
U.S
Congress
Commerce
Frederick B. Dent
Intergovernmental Trade Commission
U. S
Afl-Cio
George Meany
Meany
Harrison A. Williams Jr
Dn.j
Treasury, Commerce and
State Department
Ford Administration
Ian MacGregor
U.S. Council of the International Chamber of Commerce
Senate Securities Subcommittee
Exxon PG and E gas deal could bring Alaska Prudhoe gas
PG and E and Exxon signed an agreement in San Francisco granting PG&E exclusive rights to negotiate for 30 percent of Prudhoe Bay gas. Exxon may supply about 200 million cubic feet daily for 20 years, enough to heat 700,000 homes, with first deliveries hoped in the early 1980s.
MENTIONED IN THIS ARTICLE
San Francisco
EXXON
California Public Utilities Commission
Prudhoe Bay
Pg&e
Peterson
California
Federal Power Commission
Alaska
Import ban not answer in Detroit auto trade debate
Detroit automakers say imported cars did not cause the domestic sales slump and banning them from the U S market would not cure it. February figures show imports at 146200 sales, about 21.4 percent, second only to August 1971. Analysts say U S imports around 15 percent of sales, with concern over dumping and currency effects. Senator Griffin calls for VW probe amid claims of losses. Continued on Page B-7.
MENTIONED IN THIS ARTICLE
Detroit
API
U.S
United States
Japan
Sen
Robert Griffin
Rmich
Volkswagen
Germany
TV prize boom tied to tough economy says producer
Los Angeles producer Jack Barry notes a surge in game shows as a $100 million a year business with 18 to 20 programs on air. He says economic slowdown spurs viewers to enjoy others winning money, with networks supplying prizes and celebrities earning about $1,000 weekly for five shows.
MENTIONED IN THIS ARTICLE
Jack Barry
Barry
Los Angeles
NBC
ITT Reports Fall in Earnings Despite Record Sales
ITT earnings for 1974 fell 13 percent to 451.07 million from 521.29 million due to inflation, weak consumer spending, higher energy costs and currency instability. Earnings per share dropped from 4.17 to 3.63 while total sales and revenues hit a record 11.2 billion. Insurance and finance income totaled 2.6 billion. Chairman Geneen noted gains in telecom equipment, industrials, natural resources and international operations, with declines in casualty insurance and housing-related markets and losses in Argentina. He added 98 percent of ITT’s 14 billion gross revenues return to society in wages and purchases.
MENTIONED IN THIS ARTICLE
International Telephone and Telegraph Corp
ITT
Harold S. Geneen
Argentina
Geneen
Be ready for audit Montrose IRS challenges deductions
Robert J. Dulsky president of Tax Corp of America warns that if the IRS challenges a deduction on your 1974 tax return you must back it with receipts or cancelled checks. Records should be kept for at least three years from the due date, meaning until April 15, 1978. Keep a copy of the return and W-2s, and retain income averaging records for four years.
MENTIONED IN THIS ARTICLE
Montrose
IRS
Wamed
Robert J. Dulsky
Tax Corp. of America
Dulsky
TCA
Readable OCR Market List Reflects Wide Stock Trading
A long OCR fragment from an over the counter New York market listing shows numerous company names and price-like tokens. The piece reads as a dense securities board of names such as Coca Cola, First Bank, Kaiser, Honda, Honda, and many others with varied percentage indicators and price figures embedded. The text resembles a snapshot of interdealer quotes and security listings from a trading session.
Investment Trusts and Market Figures Fragment
Fragmentary OCR data shows figures for investment trusts and securities including Vista Vovag Reserve Revere Satec Eat Satec and miscellaneous percentages and codes. No coherent narrative or clear entities beyond scattered tickers and numeric values.
MENTIONED IN THIS ARTICLE
N.L. Vista Vovag Reserve
Revere
Satec Eat
Satec
Yi Thas Ours
Also Mentioned on This Page
ST. Patrick’s Day
Kathleen Sexton
Elmhurst
Ill
Hub Electric
Westinghouse
Leonard Curry
Organization of Petroleum Exporting Countries
Israel
B'nai B’rith
Jacob K. Javits
R-N.y
Pepperdine University
Long Beach
Western Association of Schools and Colleges
Nnovatiy
School of Business and Management
Vermont Avenue
PG & E Gas
Independent Press-Telegram
Antis
Robert Beckman
By Jack Lefler
New York
CannonMills
Century Proof
AmNatinsu
aCitizens UtAs
aCornet
Empire General
Diagnostic DataGenReinsur
Divers EarthSci HonourFire
Dominguezw
ryGen
DoyleDaneBn
MonarcCap
Drewry
NatWestn Life
Ducommun la
EconomLab
PennLife Co
Bank Amer
FirstTravel Bank
Tokyo
Foothill Gro Inc
ForBetterLw
City National
Fred Holynd
First Secur
Fritzie of Cal
Santa Monic
Gen Health
SecurPacCp
Calif Ist
SumitomoCal
Financial ValNatPhoen
Goldenstate Fnds Sa & Loan
American
Utah
Guardian Pir Capital Alliances
Harlyn Products
Inds Hawthorne
Hexcel Corp
Mercury Sv&ins
Promeree Ee
Nevada Sv&Ln
Honda Mo' ProgrSv&Ln
Hyster
Ind
Immuno Science Acme Electr
Intermark Inc AcmeGener
IntiAlumin
Acushnet
IntSys&Cont
Air California
Intl Video Corp
Alex Baldwin
Jensen Intus Allergan Pharm
Jet
Allyn Bacon
Jurgensens
Altius Corp
KaiserSteel
Amer Expr
KaiserSt
Amer Greet
KamanCorp
AmerMarine Ltd
Kansas Elec
AmRubPlus
Keystone Cust Am Telecom
Ka Anadite Inc BR
We Kratos Inc
AnhustBusch
Laufer A
Kotzin
Lawrys Fds
A.P.S. Inc
Leroy Corps Arden Mayfair
Lincoln Mort
Arden
Line Mort
Argo
Lindal CedarHo Arrow Hart
LionCntry Safari AssocHosts
Logicon Atlas Hotels
Los Alamitr
Bakam City
Lumberman Ace Barnes Hind Ph
Macrodata Corp Barrys Jewelers
Magma Energy Bayless Mkts
Magma Power Bazar Inc
Mall
M'dland Caple
Monterey Syshdava Newseryen
Newport Nielsen
Apencase
Revell
Rocket Research
Bros
Starlite Indust
Sun
Taco Bell
Tampax
Tanmetics Inc
Technicare Corp
Transocean Oa
Triangle Corp
Trico Prod
EauitMt Ate
N Corp
Vapabond
Mytellve Valley Gas
Vanier Graphics
Viking Indust Md Vircomts
Watherscot
Wango Inc Ta Warmelerk
WashNates
Ore Wavetek
Weeden&Co
WesternGear
WesternPac Fin
WesterCoal
Wham O Mfg
Wincorp
ZionsUt Banc
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