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Press Telegram in Long Beach, California

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Mar 30, 1973

Page

5

Meat price ceilings draw mixed reactions amid boycott plan

Meat boycott organizers press on with a week long action despite Nixon price ceilings on beef pork and lamb. Farmers associations meet to decide steps while industry leaders criticize the move as insufficient and unfair to retailers and processors.

Nixon National Farmers Organization American National Cattlemen’s Association Denver Chicago Harrell DeGraff American Meat Institute National Trade Association of the Meat Packing and Processing Industry

Court order prompts 25 districts to desegregate plans

Prodded by a federal court order, the Nixon administration is ordering 25 school districts in twelve southern and border states to draft new desegregation plans immediately or lose federal funds. They are among more than 200 districts that a federal judge ruled last.

Washington Nixon Administration

Senators Postpone Curb Impoundment Vote Over Fiscal Plan

Senate Democrats delayed a floor test on a plan to cap federal spending and curb Nixon’s impoundment power. Proxmire and 12 Democrats, plus Republican Marks, Hatfield, pulled the amendment and aim to revisit after Ervin’s return from his brother’s funeral. The measure set a 265 billion dollar cap for fiscal 1974, exempting mandatory programs like Social Security and interest. HEW announced desegregation steps affecting districts in multiple states and districts, seeking plans by April 10 to remove vestiges of dual schools, while 25 districts face orders and 10 states report progress. The court order stems from NAACP Legal Defense Fund suit. the DC Circuit will hear the appeal April 16.

Nixon Senate Democrats William Proxmire Wis Marks Hatfield, Ore Proxmire Sam J. Ervin Jr N.C Congress Department of Health, Education and Welfare HEW Peter E. Holmes Hews Office For Civil Rights John H. Pratt Naacp Legal Defense Fund U.S. Court of Appeals District of Columbia Holmes

Demands for broader wage price and profit freeze

Washington sources report key Democratic lawmakers and AFL CIO press for sweeping controls. Rep. Wright Patman and Sen. William Proxmire urge an across the board wage price and profit freeze beyond meat price ceilings, arguing inflation requires stronger action and longer term measures. Sen. Jackson calls for a full freeze plus rollback to curb rising costs.

Washington UPI Nixon Wright Patman Dtex William Proxmire Dwis House-Senate Joint Economic Committee Afl-Cio George Meany Patman House Banking Committee Proxmire Joint Committee House Senate Robert C. Byrd Dw.va Henry M. Jackson D-Wash Jackson

Holding firm's earnings rise to new heights in 1873

Western Bancorporation's 1873 earnings are forecast to exceed the 3.20 a share record reported in 1970. Ralph Voss, president of the Los Angeles based bank holding company, made the prediction after addressing shareholders at the annual meeting Thursday.

LOS Angeles Ff Western Bancorporation Ralph & Voss Voss

Two Sentenced for Illegal Stock Sales

Leonard Key, 46, former Bubble Up Corp. president, and Maurice W. Barenkow, 33, Philadelphia, were sentenced to one to ten years in prison for selling stocks without a permit. Judge E Talbot Callister said prison terms were warranted despite probation recommendations.

Bubble Up Corp Los Angeles Leonard Key Maurice W. Barenkow Philadelphia Key Barenkow

No license disclosure leads to large customer impact

Callister stated around 80 customers and about 4 million dollars were affected by the issue. The remark implies customers were affected without mentioning the missing licenses.

Callister

Also Mentioned on This Page

Clarence G. Adams National Association of Food Chains Adams Judy Braiman Rochester N.Y The Consumers Association of New York Barbara Shuttleworth Vernon Trotman Montgomery, Alg By Mike Feinsilber United Press International Mollin Pony Charmglow Bbqs Ane Casaebong Atlantic PRK Dooley Tod Chering Smtvar Grant City ORIG Atlantic Ave Bixby Knolls
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