Stock Market and Commodities Roundup
Stocks drifted lower after a rally with the Dow down to 807.88 as profit taking slowed gains. Cotton futures eased with No 2 futures slipping and gold prices moving up across London, Paris, Frankfurt, Zurich, and Handy & Harman. Fort Worth livestock reported mixed cattle and hog offerings with varied prices across weight classes.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
American Stock Exchange
NYSE
New York Cotton Exchange
Barbs on Posters and Art Taste in Public Life
A wry column notes dual dates for a girl’s social security and political promises lingering on posters. It questions contemporary sculpture’s style and mocks vanity in dress, implying public life blends politics, art, and fashion with ironic humor.
MENTIONED IN THIS ARTICLE
Social Security
Prosecutor says Connally defense is not credible
Assistant prosecutor Frank Tuerkheimer told jurors that Jacobsen’s testimony is corroborated on nearly every point and that Connally’s defense is not credible. He cited bank records, safe deposit boxes, flight details, hotel checkouts, and telephone logs to bolster the accuser’s account while noting Connally’s inconsistent statements.
MENTIONED IN THIS ARTICLE
Brooks Jackson
Associated Press
Washington
John Connally
Treasury
Asst
Frank Tuerkheimer
Jake) Jacobsen
Connally
Jacobsen
Secretary of the Treasury
Tuerkheimer
Texas
Washington, D.C
Early U S Postal Service Founded by Congress in 1775
The Continental Congress created the U S Post Office Department in 1775 appointing Benjamin Franklin as first postmaster general. Franklin admitted accepting the low paying job to place relatives on the payroll and deliver his newspaper free, aided by the department's first franking privilege.
MENTIONED IN THIS ARTICLE
U.S. Post Office Department
Continental Congress
Benjamin Franklin
the World Almanac
Franklin
Colonial Food Stores reorganizes as market saturation nears
Colonial Food Stores of San Angelo restructures middle management to expand store responsibility. Ray Hawkins cites December 1974 goal of saturating a 165 mile radius with 150 to 175 stores. Newly created district managers Mike Moore and Dan Farmer oversee 13 and 25 stores respectively, with several area managers elevated and a Midland-Odessa post open.
MENTIONED IN THIS ARTICLE
Colonial Food Stores
San Angelo
Ray Hawkins
Mike Moore
Dan Farmer
Moore
Odessa
Colonial
Angelo State University
Mike
Brownwood
Abilene
Sweetwater
Pecos
Brady
Dan
Midland-Odessa
Tony Berry
Coleman
Ken Messenheimer
Gary Barnett
Monahans
Kermit and
Farmer
Grounds for divorce tied to coffee myth across lands
A note traces the word coffee to qahwah and kahweh, noting it as an honored term meaning strength. The piece claims coffee’s popularity in Turkey led to a belief that a husband failing to provide the brew gave the wife grounds for divorce.
MENTIONED IN THIS ARTICLE
Turkey
Bell wins appeal on wiretap order in Texas suit
Southwestern Bell Telephone Co. won an appeal overturning a lower court ban on wiretapping in a $29.2 million lawsuit. The 4th Texas Court of Civil Appeals dissolved the order prohibiting wiretapping and destroying records. Plaintiffs include ousted executive James H. Ashley and the Gravitt family alleging an unwarranted company investigation and gravitt’s death.
MENTIONED IN THIS ARTICLE
Austin
Texas Court of Criminal Appeals
U.S. Supreme Court
Jerry Lane Jurek
Jurek
U.S
San Antonio, Tex
Southwestern Bell Telephone Co
4Th
Texas Court of Civil Appeals
Peter Michael Curry
Bell
James H. Ashley
T.O. Gravitt
Texas
Ashley
Gravitt
High court ruling on age of majority and marriage
The court found it unconstitutional to set different ages of majority for men and women in child support cases and questioned separate marriage consent ages. Justice Blackmun noted no clear truth in women's earlier maturity and rejected the Utah Court's rationale tying age difference to a male provider role.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Women’s Law Project
Harry A. Blackmun
Utah Supreme Court
Pecos Enterprise Subscription Rates and AP Copyright Notice
By mail in advance within Reeves Ward and Loving counties the rate is 238 plus 12 cents tax per month 28.56 plus 1.44 tax per year By mail to other counties and states 2.62 plus 13 cents tax per month 3.44 plus 2.62 tax per year The Associated Press is exclusively affiliated to use for republication of all news dispatches credited to it or not credited in this paper and also the local news published herein.
MENTIONED IN THIS ARTICLE
Reeves
Ward
Loving
Associated Press
Eorner
Court allows EPA air quality variances under ruling
The Supreme Court, in a 7-1 decision, allowed the EPA to accept state granted variances that let some pollution continue if overall standards are met. It overturned a circuit court ruling and approved Georgia's plan along with similar programs in Alabama Mississippi Louisiana and Texas.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Environmental Protection Agency
EPA
U.S
Georgia
Alabama
Mississippi
Louisiana
Texas
Deputy Enrols in Odessa Crime Prevention Institute
Deputy Pat Jenkins of Reeves County Sheriff’s Department is among 30 officers at a two week Texas Crime Prevention Institute School in Odessa. The Odessa session runs April 7 to April 18 as the second of seven basic schools statewide, funded by the Governor’s Criminal Justice Division and coordinated with the Permian Basin COG.
MENTIONED IN THIS ARTICLE
Odessa
Pat Jenkins
Reeves County Sheriff’s Department
Texas Crime Prevention Institute
Inn of the Golden West
Southwest Texas State University Headquartered
San Marcos
Texas
Criminal Justice Division
Governor's Office
Permian Basin
President Coolidge's Breakfast Prank With Saucer Deal
Executive Dish recounts Calvin Coolidge hosting Congress at the White House breakfast. He pours coffee and cream into his saucer, prompting startled guests to imitate him. In a silent moment he places the saucer on the floor, signaling it was for his dog.
MENTIONED IN THIS ARTICLE
Calvin Coolidge
Congress
White House
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