U. S. Gold auction flop signals restraint by buyers
The U S Treasury auctioned 2 million ounces of gold but drew bids on only 954,800 ounces and sold 750,000 ounces. Most bids came from foreign banks with Dresdner Bank of New York among the top bidders. American bids were mostly small lots. The event raised about 100 million dollars, while prices dipped on world markets.
MENTIONED IN THIS ARTICLE
U.S. Treasury
Treasury Department
Dresdner Bank of New York
U.S
Treasury
William E. Simon
Simon
General Services Administration
London
Ford Pledges Tough Energy Plan With Personal Sacrifice
Treasury Secretary Simon says President Ford will unveil a new energy conservation program on January 20 that will require a degree of personal sacrifice from all Americans. He also referenced possible tax cuts and jobless aid as part of a broader energy strategy. Greenspan warned recovery from the recession will be months away and unemployment may stay high this year.
MENTIONED IN THIS ARTICLE
Washington
Treasury
William E. Simon
Ford
Simon
Alan Greenspan
Greenspan
Council of Economic Advisers
Joint Economic Committee
New Orleans
American Farm Bureau Federation
U.S
Court approves partial payment to Rabba and Associates
Calhoun County Commissioners Court approved a partial payment of 5 243.95 to Rabba and Associates San Antonio for lab tests borings travel and telephone expenses to James Houlihan county auditor The meeting also extended Port Lavaca city contract for use of its sanitary landfill at Harbor of Refuge and approved monthly payment of 373 75 The session highlighted concern over bill purchases and travel reimbursements with 1 174 miles logged by County Inspector Don Ragin and a riot gun ammunition purchase discussed by the sheriff.
MENTIONED IN THIS ARTICLE
Rabba
San Antonio
Calhoun County Commissioners Court
Associates
James Houlihan
Port Lavaca
Harbor of Refuge
Commissioners Court
Don Ragin
Ragin
Maurice Wood
Auditor and Commissioners
Space debris to fall Friday over earth multiple sites
Space officials warn that more than 83 000 pounds of debris may re enter Friday with about 30 percent landing on land. Most material is expected to burn up during atmospheric reentry as Earth’s gravity pulls it down.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
Weather outlook with possible thundershowers this week
Cloudy and mild through Wednesday with a 30 percent chance of develing showers this afternoon and 20 percent tonight. Southerly winds 8 to 16 mph gusty near showers. seas 4 to 6 feet this afternoon and tonight, 15 to 22 knots in marine forecast. Highs in the mid 70s, lows around 60, tides and sun events noted.
No marketing quotas set for 1975 rice crop
Acting Secretary J Phil Campbell announced no marketing quotas for the 1975 rice crop. The national loan and purchase rate is set at 65 percent of parity, with an 1,802,916 acre allotment to meet domestic and foreign needs. Loans available only to producers within allotments. final application date Feb 14.
MENTIONED IN THIS ARTICLE
Wave
Washington
J. Phil Campbell
Campbell
Joe Loomis
Calhoun County
ASCS
Loomis
Secretary of Agriculture
Schools may lose federal funds under new privacy act
The Department of Health Education and Welfare proposed regulations to enforce the Family Educational Rights and Privacy Act. They would withhold federal funds from schools that fail to provide access to student records and allow contest of inaccuracies, with public comment open for 60 days. Parents and students may inspect records and seek corrections, with limited exceptions requiring written parental consent for disclosures.
MENTIONED IN THIS ARTICLE
Washington
Department of Health, Education and Welfare
HEW
Seadrift appoints city judge and passes fire department amendment
Glen Wotipka was selected as Seadrift city judge after ten candidates. the council also amended ordinances to curb interference with emergency vehicles, defining offenses and fines. The meeting approved drainage funding, street light installation, tax collection contract renewal, and a grant plan for a fishing pier with matching funds.
MENTIONED IN THIS ARTICLE
Seadrift
Glen Wotipka
Fred Hanhart
Wotipka
H.B. Zachary
du Pont
Austin
George Fred Rhodes
Rhodes & Garner
Billy Wilson
Wilson
Shell
Bureau of Outdoor Reclamation
Hall
Bureau
Also Mentioned on This Page
U. S
Small Business Administration
SBA
ON Utilities Commission
Milton Tobian
John Hanna
Common Cause
Hannah
Lufkin
Utilities Commission
Texas
Sheriff's Department
E.W. Barnhill
Airport Zoning Commission
John T. Finster
Willis F. Jetton
Federal Reserve Board
Commodity Credit Corporation
CCC
At Seadrift Council
Pete Hall
Texas Department of Health
Lloyd Chatham
R.O. Whiteman
Washington and
10Th
Rhodes
Francis Garcia
J.W. Cady
Cady
Billy Poindexter
Poindexter
Hail
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