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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 17, 1973
Page
6
IBM found monopoly power in the computer field with a court order guiding remedies. The ruling restricts IBM from copying copyright material and from soliciting or using confidential or proprietary information. The order directs IBM to refrain from such actions and to ensure compliance across operations.
Indictment outlines four counts against political operative Donald Segretti and co conspirators for attempts to disrupt Sen. Henry Jackson and Sen. Ed Muskie campaigns in the 1972 Florida primary. It details forged materials and letters on Muskie and Jackson stationery and a Wallace rally card urging a Nazi reference. Also notes Kalmbach testimony and related IBM Telex antitrust suits in Tulsa.
In St Louis a man was beaten and robbed Sunday but not seriously injured while three assailants searched his pockets and forced him into a car. They drove him to the Mississippi River area and abandoned him. In Belfast a large car bomb injured at least 15 people as police investigated the assassination of Tommy Herron.
Meat packers say costs are easing though some expect prices to drift up later this week. Ralphs Markel and Lucky Markets officials note beef may rise after ceiling prices were removed, while chicken remains the most affordable choice. Consumers who stocked up fear higher costs may be eased by cautious buying and current lower chicken prices.
Chrysler says no immediate effect on first sales as strike continues. Production of 1974 models reached 122,000 before the strike and those cars won’t go on sale until year end. Dealers have 200,000 1974 models in inventory, about a 50 day supply. A union spokesman rebuked Canadian bargainer Charles Books after he reported progress. Key issues include voluntary overtime plant safety and higher pensions with full benefits after years on the job.
A wave of banks increased the prime lending rate up to 10 percent amid federal pressure to justify the hikes. Wells Fargo and First National City initiated the rise, with Chicago's First National Bank and Bankers Trust among others following, signaling broader rate climbs as the Fed tightens money supply to curb growth.
President Nixon’s jetliner Spirit of ’76 is receiving interior alterations at John F. Kennedy International Airport. The $285,000 work aims to move guest quarters beside the President’s lounge, with engine upgrades, to be finished by mid October. The changes follow long‑standing family preferences and prior Secret Service concerns.
Senator Howard Baker of Tennessee proposed a major overhaul of the U S political system including regional primaries and abolition of the Electoral College He suggested four time zone regional primaries and a popular vote for convention delegates He also floated 24 hour voting on national election day Baker spoke to about 1500 at a synagogue during a nationwide tour and dismissed suggestions he sought political gain from the Watergate affair.
In Santiago 4000 people were arrested during military operations against snipers after Marxist President Allende was overthrown. Nearly 500 Chileans sought asylum in embassies including Mexico, Ecuador, Peru, Switzerland, Sweden, North Vietnam and Colombia. The junta warned against a leftist plot and canceled the Independence Day parade as curfew eased slightly and transport and flights planned to resume.
Fear of closure drove changes as some stations raised pumping and others awaited the CLO decision on price boosts. Protests in Boston and Memphis saw many major stations shut temporarily, while a Labor Day event in the Victorville Barstow area reported near total participation. In Los Angeles a 22 year old, Michael Severe, surrendered to police and was jailed on suspicion of murder and robbery in the deaths of Charles G. Atkinson and Carter C. Stewart.
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