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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Mar 28, 1973
Page
3
The IMF Committee of 20 backs a partial return to fixed exchange rates with adjustments as the new world monetary system. The proposal emerges amid the ongoing money crisis and aims to stabilize international currencies.
Union Texas Petroleum reports a No 2 West Caprito Unit offset in Ward County five miles northwest of Pyote. The Ellenburger gas strike at No 1 West Caprito Unit yielded 39 million cubic feet daily, with perforations at depths around 17 795 to 18 226 feet and a 20 200 foot contract. Multiple nearby completions include Fusselman and Ellenburger strikes, with other operators such as HNG Oil Co Gulf Oil and Coastal States Gas Produc ing Co testing extensions and recording 44 barrels of 41 gravity oil and 200 barrels water in tests near Wickett and Monahans.
Marlon Brando rejects the best actor Oscar for 1972 sending an Indian girl to refuse in protest of treatment of American Indians by the film industry and Wounded Knee protests. Liza Minnelli accepts best actress for Cabaret as Brando’s gesture sparks boos and applause.
Clark Field, Philippines AP reports returning POWs receive back pay from earnings overseas but face small initial cash. Capt. William J. Henderson and 31 others tally salaries, while up to 100000 dollars await some. Tax rules vary by country and federal law.
A consumer oriented bill advancing through the Texas House would allow higher financing charges on loans from 366 to 1600 dollars, with final action expected today. Other actions include a measure on auto accident damages, hazardous toys designation by the Health Department, and higher add on interest limits for small loans.
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