Long Beach Drilling Chief Sees Price Decontrol Risk
Long Beach oil officials warn that gravity price differentials and federal controls threaten East Wilmington field and local economy. If unaddressed, 400 wells could shut by 1980. parity pricing could buy time for modernization and a longer lifeline for California’s oil supply.
MENTIONED IN THIS ARTICLE
Great East Wilmington
Long Beach Area
Washington
Wilmington
Huntington Beach
Ventura County
Santa Maria
Kern County
San Joaquin Valley
Lemons
East Wilmington
Compton County Building Enters First Phase of Construction
The project at 200 W. Compton Blvd advances with structural steel, stairways and metal decks. It will house eight municipal courts and twelve superior courts along with two juvenile courts and related service facilities.
MENTIONED IN THIS ARTICLE
W. Compton Blvd
California crude pricing seen as unfair and discriminatory
Industry experts warn of millions in regional losses if a key refinery field remains idle for 28 to 30 years with 1,000 jobs at risk. Advancements in refining technology and gravity-based pricing have shifted the market, leaving California producers paid about one dollar below peers while crude quality improves.
MENTIONED IN THIS ARTICLE
Zare
California
Lemon
Lemons
Energy saving gains persist in U S industry says Industry Week
Industry Week reports steady progress in energy conservation across 10 industries with four hitting 60 percent of 1980 targets. Steel shows decline while aluminum meatpacking petroleum refining and glass sectors advance. GAO cautions on natural gas curtailments raising costs and potential plant closings.
MENTIONED IN THIS ARTICLE
Cleveland
Industry Week
Magazine For Managers
Commerce Department
Federal Energy Administration
Federal Power Commission
General Accounting Office
Congress
GAO
Realty trusts push asset swaps to shed unprofitable holdings
Real estate investment trusts burdened by millions in underperforming properties seek asset swaps with bank creditors to cancel debt. Major players like Chase Manhattan Mortgage and Realty Trust and Continental Mortgage Investors report ongoing or planned swaps totaling hundreds of millions of dollars. Banks warn of possible losses while others express cautious optimism as the industry shifts to these exchanges to avoid bankruptcy amid an overbuilt market.
MENTIONED IN THIS ARTICLE
New York
Chase Manhattan Mortgage and Realty Trust
Continental Mortgage Investors
Continental
Builders Investment Group
Barentt Mortgage Trust
John C. Haley
Chase Manhattan Bank
Chase Bank
CHASE
Chase Manhattan Trust
Healey
Richard K. Hofman
Bank of America
Hofman
Southern California Edison Named Outstanding Electric Utility
Southern California Edison Co. won Electric Light and Power Magazine’s Outstanding Electric Utility of the Year award for 1969 70. The Rosemead based utility is the seventh to win the honor since 1969 with editor Robert Lincicome praising its service to customers employees and shareholders amid rising costs.
MENTIONED IN THIS ARTICLE
Southern California Edison Co
Electric Light & Power Magazine
SCE
Robert Lincicome
Rosemead
Lincicome
Seeaere
Southern California Edison
Investment fund notes show fluctuating prices across funds
The report lists numerous investment trusts with varied prices and net asset values. It mentions funds from Keystone, Voyager, and State Street among others, with values, charges, and occasional unavailability notes reflected in a dense OCR listing.
MENTIONED IN THIS ARTICLE
Wisnl I Vista
Keystone Funds Voyag
Boog Apolig
Raine
Bren Cusa van Sears
Ss Associfecation of Securities
Jers, Inc
Inc
Advisis Una vi
Aetna
Vesa Es Loomis Say
Unava
US Gov
Eoty
Incom
Sachusett Co
ICA
Botan
Sapere Bats Inc
Babs Inc
Beaca Hil
Kemp
Sumites Sg
Reedh
ZalTemp
Calvin P
Bullck
Natws
Uslife Funds
Apex
CG Fund
MB Belen
Ao Pen Oh i Nichis
Seeny
Noreast
Unitund
Ba Channing
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Long Beach
Ralph Hinman JR
H. Douglas Lemons
Gammaley Ltd
America
East Wilminton
Ford Administration
Chamber of Commerce
Energy Resources Committee
C.C
Bud) Albright
Frank Zarb
Mark Hannaford
Tidelands Oil Trust
H. D. Lemons
Compton’s County Building
Tutor-Salier-Potashnick
North Hollywood
Compton County
Independent Press-Telegram
Buck Lanier
Realty
By Reginald Stuart
New York Times Service
Scal Edison
Aimater
Micro Mask Inc
Mi Ie Wyclude Retail Paw
Monterey
Newport Pharm
Annon Mills
Nptech
Olga
AmbHeritagLf
AmNatinsur
Feiestarnein
Executive Atalloy
Pinehurst
Psur
VO Inter
Arizona Bnk
Bank Amer
alifFst Bank
ManufBkLa
FredHolid
Southwst
GenTel
GenTel Per 104 In Stal Nics 3“ Yu 344 Ehy Ein Financia
Starlite
Ameritah
State Expiorat
Iliances
Fins
Ss Inc
werdienPk
Hambig Ham
Taco Bell
Mercury Sv
Pes Hartyn Products
Tampax
Nevada
Harvest Ind S
Technie Corp
Honda
Meri
Tri
Kaiser Steel i
Tridair A
Amer Amer ‘Eet
asserSt Pt
Unitax
Amer Rine Ltd Int Kama
United ‘Comp Cp
Amlas
Kansai
Wlm Telecomb
Keystone
Anadite Inc
Kratos Inc
Anhust Busch
Va Gas Inc
A Lawreds
Vamphic
Arden Mayfair
Leroy Orostly Wiki Indus
Arden Mayor
Ovincoin Mortiny Vire
Argo Petrols Line
Mortin UN As
Assoc
Lindal Cedar Ho
Walker Scot
Atlas Els
If Lontniry Satari ‘A Wan
Barnes Hind BakamRity