Senate delays action on Rockefeller nomination
Washington Reuters dispatch reports that Senate action on Nelson Rockefeller's nomination as vice president was postponed until after the November 5 elections. Rules Committee chair Howard W. Cannon said the panel cannot report on Rockefeller's tax returns and finances before October 18, delaying a possible Senate vote.
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Washington
Senate
Nelson A. Rockefeller
Howard W. Cannon
D-Ney
Rules Committee
Congress
Joint Committee On
Internal Revenue Taxation
Rockefeller
Robert P. Griffin
R-Mich
Cannon
House
Saukesman
Rules
House Committee
Chase Manhattan Bond Inventory Overstated by 34 Million
David Rockefeller announced that Chase Manhattan Bank overstated its bond trading inventory by 34 million dollars, cutting nine month earnings by about 15 million. A senior VP resigned effective October 1 amid the error, and the bank will restate quarterly reports as evaluations continue.
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New York
Rockefeller
Chase
Chase Manhattan Corp
SEC urges court to change Mattel chiefs
The SEC asks a federal court in Washington DC to appoint new Mattel directors and establish oversight committees after finding that the toymaker overstated 1970 earnings by about a third. It says Mattel inflated prior-year results via bill and hold sales invoices.
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SEC
Mattel Chiefs
Washington
Securities and Exchange Commission
Mattel Inc
U.S. District Court For
District of Columbia
Gust
Mattel
Rockefeller speech links inflation to national resolve
Vice President designate Nelson Rockefeller told 23,000 Brigham Young University students and a San Francisco editors conference that inflation is the nation’s greatest challenge. He urged productivity, sacrifice, and reduced waste, warned of new world economic relations due to oil prices, and defended press shield legislation while acknowledging tough confirmation questions from Sen. Byrd. Demonstrators protested Ford and Rockefeller outside the hotel.
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San Francisco
Nelson Rockefeller
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Brigham Young University
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Tah
Rockefeller
Sion
United Press International
May Craig
Rockefeller Avas
Ford
Washington
Mark Hopkins Hotel
Betty
Congress
Bennett
Ald
Brigham Your Students
Rules Committee
Middle East
Brigham Young
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