Oil Producing Nations Not Hoarding Money
Treasury Secretary William E Simon says new analysis shows OPEC cash holdings will total no more than 300 billion by 1985, quelling fears of trillion-dollar hoards. He warns the oil exporters' ability to petrodollars does not erase inflationary risks from high prices. Burns urges limited federal spending to cap deficits as Congress weighs multibillion tax cuts. Gulf Oil and Sunoco post strong 1974 earnings though quarterly profits fall. AMC trims production while Chrysler recalls workers. US stocks hit a weekly record in brisk NYSE turnover despite slow department-store January sales.
MENTIONED IN THIS ARTICLE
Jarans
Washington
Treasury
William E. Simon
Simon
Organization of Petroleum Exporting Countries
Senate
Petrodollars
Capitol Hill
Arthur F. Burns
Federal Reserve Board
House
Ways and Means
Fed
Federal Reserve System
Burns
Ford
Congress
Defense Department
al Ullman
Ore
Gulf Oil Corp
Sun Oil Co
Gulf
Sunoco
American Motors Corp
Chrysler Corp
Catron County considers road pact for Reserve streets
Catron County Commission discussed a proposed highway department co operative agreement to pave streets in Reserve. The pact required inclusion of the village as streets lie outside incorporated limits. Emergency roof repair for the County Health Department was approved and temporary offices set at the hospital. Next meeting set for Feb 3.
MENTIONED IN THIS ARTICLE
States Highway Department
Catron County
Reserve
Eldon Douglas
Raymond Senn
Jack Scott
Board of Trustees
Raymond
Lara
Scott
Douglas
Jean W. Atwood
County Health Department
Health Department
Cutron County Commission
Southern Union Gas Gas Debate
Atty. General Tony Anaya said the state will intervene in a dispute over Southern Union Gas Co. after the Public Service Commission granted a rate increase. The move aligns the attorney general with Southern Union. refunds could follow if the company wins the suit by independent gas producers. Anaya also said he will file antitrust complaints against some producers.
MENTIONED IN THIS ARTICLE
Albuquerque
N.M
Tony Anaya
Southern Union Gas Co
Anaya
State Public Service Commission
Attorney General's Office
Southern Union GasCo
Southern Union
State Officer Addresses Silver City Optimist Club
Sgt Albert Benavidez of New Mexico State Police spoke to the Silver City Optimist Club dinner at the Drifter Banquet hall. He will base the Fort Bayard office and replaces Sgt Vern Mullins now in Belen. Benavidez and wife Sally have three children, Carol Rita and Renee, with Steve aged 11 and Sally age 12. He plans to relocate home to join the club after the close of term and notes interests in fishing and golf.
MENTIONED IN THIS ARTICLE
Albert Benavidez
New Mexico State Police
Silver City
Optimist Club
Benavidez
Grant County
Don Placencio
MOU Gta Counly Oldiers One
State Police
Fort Bayard
Vern Mullins
Belen
Benavides
Sally
Carol
Rita
Renee
Steve
Grant
Sante
Duke City Zoo Fight Still On
Albuquerque will seek independent medical examinations for 15 Rio Grande employees who claimed sick leave amid a dispute with former zoo director Dr Bruce Stringer. Mayor Harry Kinney questioned chiropractor Dr Robert Downs's diagnoses, the vouchers were accepted by the city, and the employees voted to return to work with no disciplinary action. Downs cited severe anxiety and neurosis potentially due to fear, suggesting removal from the situation and psychiatric consultation.
MENTIONED IN THIS ARTICLE
Albuqerque
N.M
Albuquerque
Rio Grande
Zoo
Bruce Stringer
Harry Kinney
Kinney
Robert Downs
Downs
Gary Peterson
New Mexico Chiropractic Association
Peterson
Susan Ford to Be Shenandoah Apple Blossom Queen
Susan Ford, 17, will be crowned Shenandoah Apple Blossom Queen in Winchester Virginia on May 24. She accepted the invitation from Sen. Harry F. Byrd, and the festival grand marshal is Bob Hope. Ford is the second presidential daughter to hold the crown following Luci Johnson in 1964.
MENTIONED IN THIS ARTICLE
Winchester
Susan Ford
Ford
Shenandoah
Miss Ford
Harry F. Byrd
Virginia
Bob Hope
Lyndon B. Johnson
Luci
Anaya Renders Opinion on Scenic Railways Lease Breach
New Mexico Atty. Gen. Toney Anaya held Scenic Railways breached the Cumbres and Toltec line lease by running a diesel locomotive last summer. He noted the lease requires steam powered passenger excursions, though state officials say no move to terminate the contract is planned. Opposition to diesel had centered in Los Alamos.
MENTIONED IN THIS ARTICLE
Santa Fe, N.M
New Mexico Atty
Toney Anaya
Scenic Railways, Inc
Cumbres and Toltecacente Railway
Colorado-New Mexico
Anaya
New Mexico
Steve Reynolds
New Mexico Authority
Vernon Kerr
Los Alamos
Silver City Daily Press masthead and credits
Call 388-1576 P O Box 740 published daily by Silver City Daily Press and Ind Publishing Co Tuc except Sunday and holidays. Second class postage paid at Silver City New Mexico Mail forms 3579 and for change of address to the Silver City Daily Press Box 740 Silver City New Mexico 88061 William F Ely co publisher and president Jack Walz co publisher and manager Jerry Walz eh Sa Editor Bill Archibald Sports Editor Joe Cardona Display Advertising Subscription by carrier 40 per week Mail subscription by year 12.00 out of state 14.00 member of the Associated Press. The Associated Press is Entitled Exclusively To The Use Of Reproduction Of All Local News In This Newspaper As Well As All AP News.
MENTIONED IN THIS ARTICLE
Silver City Daily Press and
Ind. Publishing Co
Tuc
Silver City
New Mexico
Silver City Daily ‘Press
William F. Ely
Jack Walz
Jerry Walz
Eh Sa
Bill Archibald
Joe Cardona
Associated Press
AP News
Pattison Pushes Half Percent Gross Receipts Tax Plan
Santa Fe House Republican leader Hoyt Pattison proposes cutting state revenue by 30.7 million as he seeks to empower cities to levy up to a half percent gross receipts tax. He cites room for 30 to 37 million in tax cuts while keeping a state surplus. House Democrats, led by Speaker Walter Martinez, control key committees with names like Sanchez Romero and Vigil shaping policy. Governor Apodaca calls for resignations of top purchasing and motor vehicle officials, with replacements to be named, while appointments to UNM regents and the U.N.M. board are discussed.
MENTIONED IN THIS ARTICLE
Santa FE
Hoyt Pattison
Pattison
Rep
Curry County
Walter Martinez
Raymond Sanchez
Legislative
Louis Romero
Legislative Council
Sam Vigil
Abel McBride
House
Fred Luna
Appropriations
Richard Carbajal
Dan Lyon
Alvino Castillo
Lenton Malry
Edward Lopez
Corporations- Banka
William Warren
Jerry Apodaca
Caesar Sebastian
George Lovato
Bruce Kin
Sebastian
Lovato
Apodaca
University of New Mexico
Regents
Yse
Ed Sandoval
Gus Trujillo
Teamsters' Union
Anthony A. Lucero
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New York Stock Exchange
Sam Ortiz
Cobre Consolidated
Bayard
Cobre Schools
Western New Mexico University
Veterans Service Commission Department of Corrections
Dist
Committee For
Fraternal Order of Police
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400
American Legion Copper Metal Post
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Gerry
Gerald
Billings Sliver Consolidated Scheel Beard
The
Newseen
Duke City Zoo
Susan Reigns
Strom
Silver City Daily Press and Independent
Fred Buckles
EL Charro
Mickey and the Moonglows
Laurent’s Shoemart