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Press Telegram in Long Beach, California

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Jun 06, 1977

Page

15

Quinn presses Honda for California assembly plant

California official Tom Quinn met Honda Motor executives Masami Suruki and Kazuo Nakagawa near Tokyo as he pursues a possible Honda car and motorcycle assembly factory in California. Honda will study sites in the United States, including California, amid ongoing U.S. talks on farm policy and global food security. Quinn plans visits to Nissan, Toyota, and Toyo Kogyo later this week.

Tokyo Tom Quinn California Brown Quinn California Air Resources Board Honda Motor Honda Masami Suruki Sead Kazuo Nakagawa Tale Givatnment United States Eacle Quinn Nissan Motor Toyota Japan Toyo Kogyo U.S Bob Bergland World Food Council Philippines KS Ae

Market mixed as rally loses steam

New York stocks closed mixed as gains faded from Friday momentum. Dow Jones industrial average slipped 2.29 points to SX trade volume eased while CitiBank kept prime rate at 6 percent amid speculation of a rate rise next day.

Rally NEW York Lastay Citibank NYSE American Stock Exchange Monroe Auto Seida Appeals Federal Trade Commission Monroe Aby Tenneco, Inc

IRS probe finds 418 dubious slush funds

Washington AP report says a tax probe of U S corporations uncovered 481 possible slush funds, 71 potentially tied to criminal fraud, from audits of about 1,200 major firms since April 1975. IRS officials say 88 answered the questionnaire by March, 43 spouses flagged slush fund issues, and 71 cases were sent to intelligence for possible fraud prosecutions. Commissioner Jerome Kurtz calls the probe productive and promises continuation.

Washington Internal Revenue U.S IRS TE Intelligence Division TRS United States TAS Jerome Kurtz Wers Kurtz

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