General Electric Accepts Decree in Price Fixing Case
Philadelphia report notes that GE agreed to a decree after federal actions accusing the nation’s largest electrical manufacturers of price fixing and bid rigging. The 1960 actions resulted in fines totaling nearly 32 million and seven men jailed briefly.
MENTIONED IN THIS ARTICLE
Philadelphia
United States
Estes Granted Delay in Texas Fraud Trial
The Texas fraud case against Estes received a postponement to October 22 after defense counsel failed to appear. The Pecos district proceedings involve Estes on charges of fraud, swindling, and embezzlement, amid broader antitrust actions tied to GE and 18 consent decrees.
MENTIONED IN THIS ARTICLE
Estes
Texas
Time Boy Financial Wooder
Bill Ite
Sol Estes
John D. Cofer
United Nations
Estes Bast
Petrof
Westinghuse
Electric Comp
Jegge J. Cullen Ganey
Credit Court
Ganey
Suii
Kefauver Seeks Contempt Rulings Against Steel Firms
In Washington Kefauver led a Senate judiciary panel to seek contempt citations against Bethlehem Steel Republic Steel Armco and others for defying subpoenas demanding cost figures. Executives argued figures were trade secrets and could harm competitiveness. Kefauver said individual firm data would be publicly disclosed, while senators debated the timing and economic rationale of the probe.
MENTIONED IN THIS ARTICLE
Washington
Etiats
Echant Coops
Se Conten
Compaiy
Estes Kefau
D-Teno
Kefairrer
Wehizges
Dustice Department
Robert F. Kennedy
Kefauver
Stte
Bethlehem
Republic
Aational
Armco
Nin
Indi
Woot
John A. Carroll
Cole
United Air Lines OK to End Long Beach Service
United Air Lines wins approval to suspend service at Long Beach Municipal Airport for 90 days after a CAB order. City and Chamber opposed. United says ending Long Beach as a stop will save about 104000 dollars annually. The carrier currently operates one flight into and out of the airport.
MENTIONED IN THIS ARTICLE
Nowrins
United Air Lines
Long Beach
Municipal Air
Ci] Aeronautices Board
United
Incal Field
United’ Tion
Chuber
Monicipal
$1.4 Million Road to L.B. Authorized
The Board of Supervisors authorized a $1.43 million Westminster Avenue project linking Long Beach and Orange County via Second Street. Cost share: Los Angeles County $571,335. state $200,000. federal $653,606. Right of way cleared after Bizby Land Co. donation. project includes two bridges and a four lane highway.
MENTIONED IN THIS ARTICLE
Us Asset Boreas
Board of Supervisors
Westminster Avenue
Pacific Coast Highway
Orange County
Los Angeles County
Bizby Lard Co
Long Beach
Second Street
Also Mentioned on This Page
General Electric
Ralph J. Cordine
Geboard Resolves
Islelaims
Steel Chiefs
Senate
Pacific Ave
Pine Ave
L.B
Fes
Oratory East” Gators
Haves
Bel
Ode
Finn
Sliee
Viceroy
Brown & Williamson Tobacco Corporationers
Merk
Quaiey