Carter pledges tougher windfall tax amid oil profits rise
President Carter says oil firms seek more profit as windfall taxes loom in the Senate. He criticizes dependence on imported oil and backs taking back half profits. White House aides cite Exxon earnings as argument for a stronger levy while noting exploration may rise. Carter to tour New Jersey to speak on energy and transport.
MENTIONED IN THIS ARTICLE
Helen Thomas
UPI
White House
Washington
New Heights
Carter
Senate
Exxon
Jody Powell
House
Powell
New Jersey
New Brunswick
East Rutherford
Breridan Byrne
ARCO and Exxon report sharp Q3 profit gains worldwide
ExxonMobil posted a 120 percent year over year rise in third quarter profits to 1.14 billion as overseas earnings surged while U S results lagged. ARCO in Los Angeles reported 45.3 percent quarterly growth to 320.4 million, with sales up to 4.4 billion and Alaska crude output lifting profits. ARCO’s nine month 1979 earnings rose 41.4 percent to 82.9 million. Exxon’s revenues climbed 50 percent to 20.64 billion. foreign operations lifted nine month earnings 69.7 percent with overseas refining and marketing up 193.8 percent.
MENTIONED IN THIS ARTICLE
Exxon Corp
Exxon
U.S
Los Angeles
Atlantic Richfield Co
Arco
Nith
Fels and Shamblin case details emerge at hearing
Testimony describes a 200 payout motive for Shamblin killer plot. Fels admits involvement while Hayes details a second meeting and a heated argument. Fels faces arrest for escape and possession of tools. Shamblin’s wife appears in court interactions with relatives.
MENTIONED IN THIS ARTICLE
Elytia
Lawmaker convincted of theft hangs self in jail
Republican NH state representative Lawrence McLaughlin, 39, convicted of stealing $39.50 from a Nashua plant, hanged himself in Hillsborough County Jail 14 hours after a 2 to 4 year prison sentence was handed down. Autopsy pending. two guards suspended.
MENTIONED IN THIS ARTICLE
Manchester
N.H
UPI
New Hampshire
Lawrence McLaughlin
Hillsborough County
Raymond Cloutier
McLaughlin
Cloutier
Triangle-Pacific Co
Nashua
Rhode Island Man Ordered to Pay $80,000 in Damages
A Warwick Superior Court jury awarded Ger ald P. Zarella $75,000 in punitive damages and $5,000 in compensatory damages after finding Sidney H. Robinson committed criminal conversation with Zarella’s wife. Zarella sought $250,000 for loss of companionship and $500,000 in punitive damages.
MENTIONED IN THIS ARTICLE
Warwick, R.I
UPI
Superior Court
Sidney H. Robinson
West Warwick
R.I
Gerald P. Zarella
Zarella
Robinson
Ronald R. Lagueux
McGair
Rhode Island Supreme Court
Mrs. Zarella
Octopus attacks fisherman off Cebu island
Artemio Tolentino, 46, died during a spear-fishing expedition off Talisay village on Cebu island after a giant octopus entangled him on a coral wall. Police said the octopus crushed his neck and arms with its tentacles while fellow fishermen recovered the body.
MENTIONED IN THIS ARTICLE
Manila
Philippines
UPI
Pedy Noval
The
Constabulary
National Police
Artemio Tolentino
Talisay
Cebu Island
Tolentino
Philippine
Horvitz estate split proposal and family trust trial
Harry Horvitz proposes a three way empire split keeping newspapers and cable firms in several cities and Florida real estate under others, while Leonard and Kane would control construction groups. The Nassau Florida land deal and trust conflicts emerge as testimony reveals brotherly feuds, alleged political payments, and infidelity claims amid a 31 day trial with thousands of pages of testimony and hundreds of exhibits.
MENTIONED IN THIS ARTICLE
Harry
Lorain
Mansfield
Willoughby
Dover-New Philadelphia
Troy
New York
Nartion Waare
Trict
Ite Real Estate
Florida
William
Hollywood
Fla
S.a.horvitz
Florida Investments
Leonard
Nahray Court
Haarry
Leonard Horvitz
Gerald H Messerman
Harry Horvitz
William Horvitz
Kane
Port Everglades, Fla
Jimmy Carter
Carter
Ohio News in Brief Highlights UC Strike and City Deficit
Cincinnati faces a professors strike at the University of Cincinnati and a 7.7 million-dollar deficit forcing a school closure from November 9 to December 3, affecting about 100 000 students and 56 000 in the public system. A separate U S Army Corps hearing in Cleveland targets Lake Erie gas drilling with an environmental impact plan set for 1977. Local crime and court notes include Lima State Hospital releases after insanity pleas and a Columbus audit smear claim. Bronson, a Cleveland Heights doctor, faces seven counts of false prescriptions.
MENTIONED IN THIS ARTICLE
Cincinnati
UPI
University of Cincinnati
Cleveland
U.S. Army Corps of Engineers
Cleveland Engineering Society
Lake Erie
Corps
Ross Fredenburg
James Jacobs
Lima
Lima State Hospital
Ronald Hubbard
Ex-bank executive pleads no contest in Cleveland case
Former Northern Ohio Bank vice president Louis A. Kastelli pleaded no contest to eight counts in two indictments three years after federal grand jury actions. Kastelli, 44, once Ohio superintendent of banks before 1972, faces sentencing on October 31 before Federal Judge Thomas D. Lambros.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Louis A. Kastelli
Northern Ohio Bank
Kastelli
Ohio
Thomas D. Lambros
Land bridge proposed to ship Cambodian food aid
A UPI report says a U S presidential task force will fly to Phnom Penh to propose a land bridge delivering 30 000 tons of food and aid monthly to Cambodia. Senators Sasser Ravens and Danforth with Richard Holbrooke say Vietnam may provide security if Phnom Penh agrees, following Hanoi approval at a Bangkok meeting.
MENTIONED IN THIS ARTICLE
Bangkok
Thailand
UPI
Phnom Penh
Cambodia
James Sasser
Dtenn
Carter
Richard Holbrooke
Hanoi
Nguyen Co Thatch
Vietnam
Sen
Max Ravens
Dmont
John Danforth
R-Mo
Also Mentioned on This Page
Ogilvie
Frank Olive
Shamblin
Court
Fels
Hayes
Danny
Catholic Medical Center
Henry Zieba
Lorain County
Zieba
Cuckold
Joseph J. McGair
William and
Brothers
H. Stephen Madsen
Port Everglades
Ohio News
Cincy Schools
Columbus
John Blum
Thomas E. Ferguson
Blum
Ferguson
Lewis H. Bronson
Cleveland Heights
Bronson
Cuyahoga County
Euclid
Exec
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