Bank executive indicted in San Diego collapse scandal
A high school dropout turned banker and Nixon associate C Aynholt and co-defendant Philip A Taft face a 25 count indictment in San Diego. They allegedly used Westgate subsidiaries to obtain fraudulent loans from United States National Bank and other lenders, tying to a bank failure the FDIC is liquidating. They pled innocent and posted bonds, with further hearings set for July 31.
MENTIONED IN THIS ARTICLE
San Diego
UPI
Nixon
C.aynholt
Aith
United States National Bank
Smith
Taft
U.S
Edward Infante
Westgate
USNB
Securities and Exchange Commission
Ranchers plan cattle drive protest in Texas town
Bob Harvey, a 38 year old rancher, leads about 200 Red River County cattlemen in a two mile protest ride from the roping arena to the auction barn. He cites price pressures forcing layoffs and child labor on his 3000 acre spread. Harvey records nine month losses around 250000 while urging consumers not to drink beer while prices collapse.
MENTIONED IN THIS ARTICLE
Clarksville
Tex
UPI
Bob Harvey
Harvey
Red River County
American Legion Park
Bike Safety Standards Set for 1975 Interstate Bikes
The Consumer Product Safety Commission announced new safety rules for bicycles sold across state lines after January 1 1975. Standards cover frame steering wheels brakes and more with required fender edges bolt coverings chain guards reflectors and assembly instructions. The agency cites about 419 000 annual bicycle injuries severe enough for emergency care out of roughly one million yearly.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Consumer Product Safety Commission
Summer heat health tips from Mayo Clinic experts
Doctors outline strategies to prevent heat related illness advising increased fluid intake, careful salt and potassium replacement through foods, light clothing, smaller meals, and cautious use of air conditioning. They warn alcohol worsens heat strain and emphasize hydration especially for the elderly and pregnant or ill patients.
MENTIONED IN THIS ARTICLE
Marion Wells
Mayo Clinic
Department of Medicine
New Orleans
Tulane University
George E. Burch
Family battles sharks during Florida shipwreck rescue
Edward M. Horne, 43, his wife Diane 34 and their five children survived a 13 hour ordeal after their 43 foot yacht Princess Diane disintegrated in a storm off Carabelle Florida. A Coast Guard plane guided a rescue boat but son Billy died from blood loss and three year old Edward Jr. died of shock and exposure. The family was hospitalized for shock and exposure but members praised the rescue.
MENTIONED IN THIS ARTICLE
Tyndall Air Force Base
Fla
UPI
Coast Guard
Edward M. Horne
Diane
Billy Horne
Horne
Billy
Edward Jr
Hornes
Diana Jo
Melissa
Gerald Paul
Houston
Tex
Carabelle
Texas
Bahamas
Weather Bureau
President Nixon urges nation to join energy conservation drive
President Nixon called on all Americans to continue conserving energy as the United States seeks self sufficiency in energy by the 1980s. He noted industry and federal gains, citing a 5 percent energy cut by American industry in late 1973 and federal savings of 75 million barrels of oil over nine months since last June.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
America
Moscow
White House
Commerce
Frederick B. Dent
Korea Sinks Red Vessel in Naval Clash
South Korea says a patrol boat sank an armed North Korean vessel in the second naval engagement between the rivals in four days. The Seoul government issued the report asserting the clash occurred as tensions remained high in the region.
MENTIONED IN THIS ARTICLE
Seoul
UPI
Also Mentioned on This Page
Scottsdale (Az
Daily Progress
Federal Deposit Insurance Corp
Justice Department
Philip A. Taft
Westgate-California Corp
Koko Head
LDS 19Th Ward
Roby Head
Scottsdale Rd
Korea
Jaycees
Pride IN America
Scottsdale Stadium
Civic Center Plaza
Osborn Road
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