Commodity Exchange Law To Overhaul Futures Regulation
Hearings will open on a bill to overhaul the commodity exchange law for the first time in over 50 years. Sponsor Poage and a study panel push a five member commission with broad regulatory powers, retaining some Agriculture Department oversight. The plan aims to restore confidence after price swings and self regulation concerns, rejecting full independence or SEC control. A separate incident reports a propane tank car derailment near Madras, Oregon, with no injuries.
MENTIONED IN THIS ARTICLE
Washington
House
Agriculture Committee
Wlr. Poage
D-Tex
Commodity Futures Trading Commission
Agriculture Department
Commodity Exchange Authority
Poage
Hughes Expected at Aviation Hall of Fame Ceremony
Dayton AP report says Aviation Hall of Fame officials expect billionaire recluse Howard Hughes to attend tonight's induction ceremony. James W. Jacobs said Hughes told him he would be present if enshrined, though others doubt a visit. Enshrined also tonight are Col. Bernt Balchen Dr. E A Sperry and Brig. Gen. Charles E Yeager.
MENTIONED IN THIS ARTICLE
Dayton
Ohio
Aviation Hall of Fame
Howard Hughes
James W. Jacobs
General Motors
Frigidaire
Hughes
Jacobs
Los Angeles
Col
John Condron
Hall
Hughes Aircraft Co
Bernt Balchen
E.A. Sperry
Charles KE. Yeager
Balchen
Sperry
Yeager
Heating Strike Echoes Dutch Support Across Israel
In Hatzor Israel residents switch off heaters for a month protest against Dutch support of Israel. Signs on heaters call the strike an identification with the Dutch people. The action targets oil access and runs for thirty days.
MENTIONED IN THIS ARTICLE
Tel Aviv
Israel
Hatzor
Exports Drain U.S. Wheat Reserves
Washington reports exports are draining U.S. wheat reserves faster than expected. The Agriculture Department forecasts stockpiles will dip to the lowest level in 26 years by next summer. Fiscal year exports are set at 1.175 billion bushels, up from prior estimates, amid a smaller 1973 crop and lower domestic use projected for 1973-74.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
United States
Department
Cheerleaders in Longest Yard to feature male homosexuals
AP reports Burt Reynolds film The Longest Yard will use nine male homosexual inmates as cheerleaders. Warden Joe Hopper of Reidsville State Prison said he approved their participation. Inmate costumes include leather hot pants hot pink knee boots gold sweaters and bold eye makeup.
MENTIONED IN THIS ARTICLE
Reidsville, Ga
Burt Reynolds
Joe Hopper
Reidsville State Prison
Hopper
Also Mentioned on This Page
Commodity Exchange Law
Commission
Securities and Exchange Commission
Madras, Ore
Here
Hamlin Perkins
Jefferson County
Metolius
Bowling Green
William Roemer
Robert M. Colbitt
C.L.A
Main Street
Plumville
Troutmans
U.S
Reynolds
Perma
Santa
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