FTC cites oil industry anti trust structure amid gasoline shortage
The FTC says competition barriers at the refiner level and industry concentration may fuel the gasoline shortage. James Halverson testifies before a Senate subcommittee and hints at possible antitrust action against eight major oil firms while warning of irreparable harm unless quick steps are taken.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Trade Commission
Congress
James T. Halverson
Commission
Bureau of Competition
Washington Star- News
Halverson
Senate Judiciary
FTC
Star-News
Uruguayan government dissolves Congress under military influence
In Montevideo the government announced Congress was dissolved under pressure from the armed forces ending representative rule. President Bordaberry will rule by decree as the coup cites Congress blocking efforts to curb leftist subversion.
MENTIONED IN THIS ARTICLE
Montevideo
Uruguay
Congress
Juan Bordaberry
France opposes U S Soviet plan on force withdrawal
Paris sources report President Pompidou will not back Nixon and Brezhnev's move to begin talks on mutual force withdrawal from Europe. French officials say France will maintain opposition and continue enhancing its nuclear arsenal despite Washington accord.
MENTIONED IN THIS ARTICLE
Washington
Inmates face murder charges and jail measures
Three inmates stand charged with murder after a slaying linked to Maricopa and Pinal counties. A moratorium on new inmates and orders to retain prisoners in county jails were announced. Authorities seek the death penalty for Bojorquez if convicted, while a state prison upgrade fund and new guard hires aim to bolster security.
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Maricopa
Gomez
Pinal
Pinal County
T. J. Mahoney
Department of Public Safety
Belt
Bojorquez
Robert Bean
Bojorez
Legislative Joint Budget Committee
House
Ber
Economy rebounds as leading indicators rise in May
The Commerce Department reports a 1.5 percent May rise in the index of leading economic indicators with six of eight components improving. The May gain suggests expansion continues and offers no sign of cooling from the Nixon administration’s viewpoint amid inflation pressures.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Nixon
GAC shifts plan from Empire to satellite communities
GAC plans to sell the Empire land and focus on satellite communities near major cities, as the company moves away from large land sales. Buscher outlined the new strategy, noting zoning hurdles and water concerns, with aims to develop smaller acreages and provide housing, recreation, and immediate commercial needs.
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Buscher
GAC
Gulf American Corp. of
Arizona
Boards of Supervisors
Pima County
Santa Cruz
Empire
Rio Rico
Tucson
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