Market Dip Follows Ford Campaign Finances Probe
The Dow Jones industrial average fell sharply by 13.63 points to 976.56 as news of the congressional campaign finances inquiry into President Ford spread. In Beirut, Yasir Arafat rejected Syrian cease-fire terms while Syrian forces pressed a four day offensive against Palestinian towns Bhamdoun and Aley east of Beirut.
MENTIONED IN THIS ARTICLE
New York
Ford
Beirut
Lebanon
Yasir Arafat
Bhamdoun
Aley
Tyler: Ford campaign inquiry sparked by informer's tip
Deputy Attorney General Harold R. Tyler said the inquiry into President Ford's congressional campaign finances began from an informer's allegation of improprieties. He stressed he has no knowledge Ford is the target.
MENTIONED IN THIS ARTICLE
Washington
Harold R. Tyler
Ford
Tyler
Senate filibuster blocks clean air bill action
Senator Jake Garn vowed to speak all day and all night to kill a clean air bill as Congress nears adjournment. The measure would give the auto industry a one year extension while requiring tougher emissions standards and new air quality safeguards.
MENTIONED IN THIS ARTICLE
Washington
Senate
Congress
Jake Garn
Pound firm after Callaghan warning on Britain's freedom
London traders saw the pound rise to about $1.6737 in late morning dealings after Prime Minister James Callaghan warned that Britain's freedom could be at stake in resolving the nation’s economic troubles. The currency climbed roughly seven-tenths of a cent from Thursday’s $1.666 close.
MENTIONED IN THIS ARTICLE
London
James Callaghan
Britain
Repairs Proceed At Chaparral High Despite Floods
A Scott sdale School District official says some Chaparral High School repairs will start Monday after water damage to the gym floor and administrative offices from recent storms. The gym floor will be warped and thothched, sanded, and varnished with carpeting replaced later. classes move outdoors or to other schools. Three wings at Cocopah School also flooded. engineers plan earthen berms but not in time for this weekend. Highs mid 90s, upper 80s weekend with rain chances 50 percent today, 60 tonight, 30 Saturday.
MENTIONED IN THIS ARTICLE
Scottsdale
Chaparral High School
Chaparral
Bill Pedersen
Pedersen
Cocopah
Merchants draft petition over Scottsdale Road project concerns
SAM and Scottsdale merchants plan a petition detailing complaints about the Scottsdale Road improvement program. They cite poor planning and timing, unsafe corners, parking losses, slippery brick sidewalks, and view obstructions, with efforts to seek support from local SBA officials and potential lawsuits discussed.
MENTIONED IN THIS ARTICLE
Scottsdale Associaed Merchants
SAM
Scottsdale
Don Perlman
Perlman
Ed Turner
Suate
Herbert Drinkwater
Billie Gentry
Heinz Hink
Iden
Gentry
Drinkwater
Scottsdale Road
Tod
Small Business Administration
Osborn
Indian School
Scottsdale Road Improvement Project
Pierce
Storm Liza Hits Baja Coast Killing Dozens
Mexico City AP reports Hurricane Liza slammed Baja California Sur late Thursday, killing at least 30 and leaving hundreds of homes destroyed. La Paz officials fear higher tolls as bodies, missing persons, and flood devastation rise across the peninsula. Local authorities report blackout and water shortages in La Paz, with 95 mph winds and widespread damage.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Baja California
Baja California Sur
Eliseo Zamora
la Paz
San Diego
Calif
Zamora
Manuel Flores Bianchi
Flood warning as Hurricane Liza brings heavy showers
The National Weather Service warned of heavy showers in the Valley tonight and early Saturday with flash floods in some areas. Liza slammed Mexico's west coast with 130 mph winds and moved into southeast Arizona. Winds 30 to 40 mph by afternoon threaten southern Arizona as conditions clear by Saturday.
MENTIONED IN THIS ARTICLE
Liza
National Weather Service
Mexico
Arizona
Weather Service
Weather Bureau
U.S
Tucson
Douglas
Paradise Valley to seek Phoenix answer on flood blockage
Town Engineer Charlies Atkinson says Paradise Valley will ask Phoenix to explain flood waters entering the area if removing fill from a drainage easement fails. He notes emergency measures are not immediate and poor design at Fanfol Drive 61st Place could require costly reconstruction if the blockage is not fixed.
MENTIONED IN THIS ARTICLE
Paradise Valley
City of
Phoenix
Charlies Atkinson
Atkinson
Fanfol Drive
Invergordon Road
Mountain View Road
Fanfol
Invergordon
61St Place
Solar proponent critical of cost
Dr. Aden B. Meinel of the University of Arizona challenged solar power as a near term solution at a Western utility energy seminar. He cited high energy costs undependability and lack of storage, while other speakers favored coal and nuclear options to meet Western power needs in the next decade.
MENTIONED IN THIS ARTICLE
Jerry McElfresh
Progress
Denver
Solar Energy
Aden B. Meinel
University of Arizona
Meinel
Larry Papay
South California Edison Co
Richard F. Messing
Arthur D. Little Co
Extortion charges dropped in Arizona case linked to SEC suit
The Maricopa County attorney will not file extortion charges against Lynne Davis and an accomplice in the Aug. 23 incident involving Vernon Huff. The SEC suit names Huff and Tahoe Corp. as defendants over unregistered securities and misrepresentation.
MENTIONED IN THIS ARTICLE
Tempe
Maricopa County
Ron Reinstein
Lynne Davis
Davis
Vernon Huff
Huff
Securities
The
Arizona Corporation Commission
Federal Sec
Tahoe Corp
E. Camelback Rd
SEC
Latta
Miss Davis
Also Mentioned on This Page
Associated Press
Arafat
Bill
Chuck Ingham
Michael Pierce
Richard Filler
Indian School Road
Baja Coast
Glorianne Garcia
Bob. Johnstone
U.S. Security and Exchange Commission
Reinstein
Scottsdale Public Library
McDowell Roads
Tahoe
Tahoe Corp. i
Securities Division
the Corporation Commission
Thomas Latta
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