Chrysler Mitsubishi Deal Sets $100 Million Automotive Tie
Tokyo approves a 100 million dollar purchase by Chrysler Corp and Mitsubishi Motors giving Chrysler 35 percent of Mitsubishi stock. Mitsubishi will sell cars in the United States via Chrysler and Chrysler will distribute in Japan through Mitsubishi. Similar ties with GM-Isuzu and Ford-Toyo Kogyo expected later.
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Chrysler Corp
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U.S
Detroit
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Mitsubishi
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Isuzu
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Toyo Kogyo
Toyota
Nissan
Lockheed Chief Seeks Government Help to Avert Bankruptcy
Daniel J. Haughton, chairman of Lockheed Aircraft Corp., told Congress the firm risks bankruptcy without government aid. He urged approval of a Nixon administration rescue bill to guarantee 250 million dollars in loan repayment, warning a failure would reduce competition, increase unemployment for 34,000 workers on the TriStar project, and cost 1.4 billion dollars invested.
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Haughton
Lockheed
Britain
Ralls-Hoyce
Caus
TriStar
China Trade Lauded By Grain Dealers at Northwest Meeting
Spokane delegates at the 50th annual Pacific Northwest Grain Dealers Association convention welcome the Nixon move to lift trade barriers with China. Grain leaders see new markets for wheat but urge caution on political factors and potential shifts from existing customers in Russia or nationalist China as the convention runs through Saturday.
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Spokane
UPD
Pacific ‘Northwest Grain Dealers Association
China
Nixon
Northwest
Paul Tubbs
Robert Martin
Northwest Grain Exporters Association
Russia
Sadat charges U.S. aid backs Israeli occupation in Arab lands
Egyptian President Anwar Sadat says U.S. military and financial support makes America Israel's partner in aggression against the Arab world. Senator Dole predicts the Vietnam War near end before winter snows. Sergeant Higdon defends his 24 years of service after a kickback conviction at a Vietnam-era enlisted club.
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United Press International
Cairo
Anwar Sadat
United States
Israel
America
Huntsville
Ala
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William E. Higdon
Vietnam
Blackfoot Band Raises Funds for Calgary Stampede Trip
Blackfoot High School band students have gathered 5700 of 8000 dollars needed for a July 10 trip to Calgary for the Stampede. They earned money by odd jobs from greenhouse building to barnyard labor. Superintendent I T Stoddard plans to cover the remaining shortfall of about 1200 from district funds if student fundraising ends.
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Blackfoot
UPD
Blackfoot High School
Calgary
I. T. Stoddard
Kalispell Firm Wins Noxon Sewage Lift Station Contract
District Ranger Ron Stoleson announced Lyford Plumbing and Heating of Kalispell won the bid of 17198 for the construction of a sewage lift station and drainfield at the Noxon Ranger Station. Construction begins in July to prevent surface and groundwater contamination.
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Ron Stoleson
Lyford Plumbing and Heating
Kalispell
Montana
Noxon Ranger Station
Forest Service
Fisherman John Trombetta Missing Near Camp O Hara
The search for 63 year old Nezperce school teacher John Trombetta continued near Camp O Hara about 30 miles east of Grangeville on the Selway River. Trombetta was last seen Tuesday at 10 a.m. leaving his family at the camp to fish nearby. Authorities from the Idaho County sheriff's office Forest Service and Idaho Fish and Game, aided by friends of the family, are conducting the search.
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UPI
John Trombetta
Here
Camp O’hara
Lowell
Selway River
Trombetta
Idaho County Sheriff’s Office
Forest Service
Idaho Fish and Game Department
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