Commonwealth Oil Refining Faces Possible Reorganization
San Antonio based Commonwealth Oil Refining Co. CORCO warns stockholders its multimillion dollar company may be forced into reorganization due to a creditor led cash squeeze. CEO Gary W. Davis cites halted trading, asset seizures by Gulf Oil and banks, and Puerto Rico government actions as crippling working capital. Federal relief may ease but not solve near term cash flow.
MENTIONED IN THIS ARTICLE
Arthur Muczygemba
San Antonio
CORCO
Puerto Rico
Fiven
Tesoro Petroleum Co
Davis
New York
Pacific Stock Exchanges
Tesora
Gulf Ol Corp
Tepal
Gulf
Suibhe
Commonwealth
Pune
Puerto Rico Water Resources Authority
T Ie
Federal Energy Administration
Auto Industry Faces Tight Timetable for 1978 Models
Ford Motor Co vice president Bennett E. Bidwell told the Texas Automobile Dealers Association in San Antonio that the auto industry is on the ragged edge of meeting a fall timetable for 1978 models. He noted Congress may carry over emission standards to 1980 and cited the Dingell-Froehill House bill and a Senate companion, backed by automakers and the UAW, as the most realistic compromise. He emphasized uncertainty over which standards will apply and urged clarity from lawmakers.
MENTIONED IN THIS ARTICLE
Ford Mater Co
San Antonio
Bennett E. Bidwell
Texas Automobile Dealers Association
Convention Center
Congress
Bidwell
Senate
United Auto Workers
Plan Attacked on Carter Legislation Energy Tax Debate
Republican leaders criticized President Carter's energy plan as unclear in purpose and warned against new taxes. They favored incentives to producers with a windfall tax on profits, and argued the plan could trigger a recession while stressing production to meet energy needs.
MENTIONED IN THIS ARTICLE
Carter
Brock
GOP
House
Senate
Rhodes
Baker
James Schlesinger
Schlesinger
Carter's Energy Program Has “Major Production Incentives" ‘and the Ofimdually
El Salvador weighs Castro mediation over minister kidnapping
Diplomatic sources said El Salvador was debating whether to ask Panamanian President Omar Torrijos to personally appeal to Fidel Castro to intervene in the kidnapping of Foreign Minister Mauricio Borgonove Pohl. The move would seek Castro's mediation despite no formal El Salvador Cuba relations.
MENTIONED IN THIS ARTICLE
San Salvador
el Salvador
UPI
Fidel Castro
Mauricio Borgonove Pohl
Panarmonian
Omar Torrijos
Castro
Cuba
Justice Dept Probes Gas Contracts and Price Redetermination
Coastal States Petroleum survey notes intrastate gas contracts with price redetermination clauses. Prices near $2 per thousand cubic feet in Texas, higher than federal cap. Letter seeks maps of marketing and distribution, warns penalties, seeks 30 days to respond, documents could fill a box car.
MENTIONED IN THIS ARTICLE
Justice Department
CPS
Tustweek
Texaes
Texas
UPI
Adv
Joe Sims
Sims
Carter
Congress
Wells
Coasral States
Monfrey Faces Cancer Battle During Mayoral Campaign
Monfrey, hospitalized with cancer in his right lung two weeks before the election, remained determined to campaign. A Monfrey associate said he would win whether in bed or not and hoped to debate Mayor Cockrell, with Dr John Whitecar of the M D Anderson Cancer Center to treat him. Friends said he stayed emotionally strong and ready for the fight ahead.
MENTIONED IN THIS ARTICLE
Monfrey
Cockrell
Walker
John Whitecar
M.D. Anderaot Cancer Research Center
Houston
Montrey
Boy, 3, Fatally Struck After Stepping Into Street
A three year old San Antonio boy died after stepping into a traffic lane and being hit by a car. Witnesses say he walked with two adults before slipping onto the roadway as a 47 year old woman driver tried to stop. The vehicle skidded 143 feet. he died at Southeast Baptist Hospital.
MENTIONED IN THIS ARTICLE
San Antonio
Jobin L. Lave Jr
An Naylor
Roosevelt
Southeast Baptist Hospital
Portugal marks third anniversary of coup with parade in Lisbon
In Lisbon crowds celebrate the 3rd anniversary of the April 1974 coup that toppled the Estado Novo regime. Prime Minister Mario Soares praises Socialist victory over reactionaries as military leaders trumpet a grand parade amid holiday crowds and riverfront festivities on the Tagus.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
UPT
Mario Soares
Withid
Tagus
Murder Clues Sought in Alarming San Antonio Homicide
Homicide officers searched the apartment of Alvin Horse and questioned residents as investigators retraced Friday’s crime scene at 610 NW Loop 470. Lt Dave Keene said the partially clothed body of Mrs. Mardis, 24, an Air Force nurse, showed a cloth belt and rope around the neck with major marks on the neck and shoulder. The medical examiner cited strangulation as the cause of death and no prime suspects were named.
MENTIONED IN THIS ARTICLE
Alvin Horse
Kathyry R. Mardis
Dave Keene
San Antonio Hnartroent
Keene
Loop 470
Price
Mardis
Air Force
Galbraith says energy plan not as painful as feared
Harvard economist John Kenneth Galbraith told Northwestern University crowds that President Kennedy's energy proposals would not inflict the expected sacrifice on Americans. He criticized the administration and media for exaggerating the pain and said the public is misled about the pinch.
MENTIONED IN THIS ARTICLE
Chicago
Harvard
John Kenneth Galbraith
Sunday Fe
Ter
Northwestern University
Also Mentioned on This Page
Fidel Mediator
Pagel
Nening
Alex Flores
Rufus
Hort
Theo Vaitly
Crowes
Snes
Nmi
Southside
Saathoff
S.W. Military DR
Venn A
Paris
Curtis Mathes
Trevis
Amy
CR Ree
Cme
Hildebrand
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