Plains Cotton Co op hit with one year trading ban
Plains Cotton Cooperative Association of Lubbock faces a one year federal ban on trading in futures by the Commodity Futures Trading Commission for alleged manipulation in 1972. Vice president Dan W. Davis said Telcot electronic selling system lessens market positions, and the plan affects no direct Telcot operation. The action targets manipulation of spot and May July 1972 futures. the co op denies wrongdoing, settling without admitting or denying. The association represents about 20 000 growers across Texas and Oklahoma, with the order to take effect August 14.
MENTIONED IN THIS ARTICLE
A-J News Services
Plains Cotton Cooperative Association of
Lubbock
PCCA
The
Commodity Futures Trading Commission
Dan W. Davis
Co-Op
Davis
Dallas
Littlefield
Vernon
Memphis
Plains
Commission
Commodity Exchange Authority
Texas
Oklahoma
POCA
Bill Blackledge
Plains Co-Op
New York Probes Open To Fix Blackout Blame
Federal and city probes opened into the New York blackout that disrupted 10 million people across five boroughs and parts of Westchester. Officials sought what went wrong who is to blame and the cost as power was restored to Con Ed customers after about 25 hours of darkness.
MENTIONED IN THIS ARTICLE
New York
Federal Power Commission
State and Consolidated Edison Co
Richard L. Dunham
Commission
Beame
Con Ed
Small Business Administration
Five Boroughs
New York City
Westchester County
Tom Lane
Long Island
Weather Outlook And Page Promotions
The brief notes a morning forecast with temperatures in the low 90s and partly cloudy skies through Sunday. It mentions page references for various sections including agriculture amusements comics editorials and obituaries.
MENTIONED IN THIS ARTICLE
Stock Markets
Wordy Gurdy
Texas Legislature approves school funds plan in special session
The Texas Legislature passed a two year school finance bill boosting state aid by 945.4 million with 345.2 million for teacher raises and kindergarten staffing and 341 million to lower local fund assignments. The measure reduces the school year to 175 days and creates a statewide assessment board for property valuation. Governor Briscoe urged tighter nursing home regulation and support for an offshore port if oil firms fail to act. Justice Donald Yarbrough resigned. Charles Barrow was named to replace him.
MENTIONED IN THIS ARTICLE
Briscoe
Charles Barrow
San Antonio
Yarbrough
Barrow
San Antonio Court of Civil Appeals
Supreme Court
Senate
House
Truan
Texas System of
Tom Creighton
Dmineral Wells
School Texas Assessment Practices
North Korea offers to return captured US soldier and helicopter bodies
North Korea said it would hand over the captive American serviceman and the bodies of three crew members after their helicopter strayed into North Korean airspace. The statement followed a meeting of the Military Armistice Commission and came as Washington weighed its response amid ongoing tensions over US troop withdrawals. The identified survivor is CWO Glenn M. Schwanke, 28, of Spring Green, Wisconsin, with other crew members named by the Pentagon.
MENTIONED IN THIS ARTICLE
Panmunjom
Korea
North Korea
Han Ju- Kyong
Military Armistice Commission
United Nations Command
Navy
Warren Co Hamm
Amin
United States
White House
Pentagon
CWO
Glenn M. Schwanke
Spring Green
Wis
Demilitarized Zone
North
South Korea
China
Han
U.N
Joseph A. Miles
Washington, Ind
Robert C. Haynes
Anniston
Ala
Ron Wells
KE Paso
Tex
Witness Identifies Sheriff's Slayer In Key Testimony
Plainview witness John D Rogers identified Larry Fortenberry as the man who shot Motley County Sheriff Jalmar Wilson in the 1976 U S 70 ambush. Fortenberry, 28, of Mt Hermon La faces a life trial in the case with defense urging venue changes and challenging the plea terms for a co defendant.
MENTIONED IN THIS ARTICLE
Frank Patrick
Fortenberry
Hurt
Cocounsel
Joe Cox
Matador
Motley County
Rogers
Wilson
U.S. 70
Tom Slamilton
Yarbrough Resigns as Texas Supreme Court Chief Justice
Justice Don Yarbrough quits the Texas Supreme Court amid pressure from legislators and amid disbarment and removal efforts. Gov Dolph Briscoe names Charles Barrow to succeed Yarbrough. Barrow must be confirmed by the Senate and would serve until the end of 1976.
MENTIONED IN THIS ARTICLE
Senate
Yarbrough
Briscoe
Also Mentioned on This Page
Fir
Telcot
Hugh J. Carey
Abraham D. Beame
Bedford-Stuyvesant
Brooklyn
Michael Codd
New York Chamber of Commerce and Industry
Jesus
Carter
Carlos Truan
Corpus Christi
Agnew
Arnold, Md
Spire T. Agnew
FFA
Elvin Carraway
Spur
Renae Rivire
Gainesville
Texas Future Farmers
Fort Worth
Carraway
Texas Tech University
Miss Riviie
Gainesville High School
Reds
U.S
Don Yarbrough
State Bar of Texas
State Judicial Qualifications Commission