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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Sep 03, 1970
Page
3
An AP Special Assignment report shows the Teamsters Pension Fund benefiting from Federal Housing Administration programs. The investigation outlines how a large union pension fund appears to receive FHA support, with government awareness seemingly limited.
AP News reveals FHA San Diego approved over 30 million in loans and guarantees to entities tied to the Central States fund, including a $16 million land loan and $11.8 million in subsidized loans. The fund, under scrutiny for years, includes 20 percent stake in Penasquitos Inc., and its influence spans several San Diego projects.
A head on collision two miles south of Elsberry killed Fred S. Price 66 of St Louis County. He rode as a passenger in a south bound car driven by his son Howard. they collided with a northbound car as it tried to pass another vehicle. The other driver was Richard D. Rule 19 of Charles Mo. The accident left one dead and prompted a broader, unclear note in the surrounding text about FHA Title 10 loans and a complex corporate financing arrangement involving Pen asquitos and Southern California Terraces.
Washington AP Safeway Stores Inc the nations second largest grocer began teaching customers to read freshness codes on products The campaign won quick approval from Virginia Knauer White House consumer affairs aide The ad explains a code like 9 5 meaning milk should not stay past Sept 5 in the dairy case The effort starts in four states and DC with 250 stores and plans further ads Basil Winsted says more codes will follow and invites shoppers to ask clerks for guidance Mrs Knauer commends the educational move urging others to join in.
Police arrested Randy English at his rural Poplar Bluff home on possession charges for about $2,000 in narcotics. Lieutenant James Webb said undercover work led to the arrest. about 300 LSD tablets were seized. English is in the Butler County jail awaiting bond.
The Federal Communications Commission granted a permit Wednesday for a television station to Channel Seventeen Inc. at Columbia Missouri. The action confirms regulatory approval for the new station to operate in the market under FCC oversight and sets the stage for scheduled development and programming start.
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