Skip to main content
The largest online newspaper archive

Mexico Ledger from Mexico, Missouri • Page 7

Publication:
Mexico Ledgeri
Location:
Mexico, Missouri
Issue Date:
Page:
7
Extracted Article Text (OCR)

Local Weather Courts, Livestock Market Reports The Daily Record MEXICO (MO.) LEDGER Friday, Oct. 26, 1973 Weather(Official a.m. readings:) High for last 24 hours 68 Low for last 24 hours 40 Temperature at? a.m. 40 Year ago today; high 93 low 30 Precipitation: Month to date 3.91 in. Normal for October 3.07 in.

Year to date in. Normal to Nov. 1 34.98 in. Sun sets today at 6:15 p.m. Sun rises tomorrow 7:31 a.m.

FORECAST- ZONE Partly cloudy tonight with slight chance of shower or thundershowers this afternoon or evening; clear to partly cloudy tonight, lows in 40s; winds light nor- rthwesterly; Saturday mostly highs in 60s. Missouri Slight chance of ft- shower or thundershower southeast, clear to partly cloudy elsewhere tonight; lows from upper 30s northwest to the low 50s southeast; Saturday partly sunny, highs from around 70 southeast to 60s elsewhere. Missouri extended outlook Sunday through Tuesday- Fair and cool nights and pleasant days; low temperatures from upper 30s north to the low 40s south; highs in 60s Sunday and low 70s Monday and Tuesday; little or no chance for any precipitation during period. KANSAS CITY (AP) Lake of the Ozarks stage: 658.9; 1.1 feet below full reservoir; down 0.4. Pomme de Terre 839.0; 1.0 feet below full reservoir; no change.

ST. LOUIS (AP) River stages: 13.7 0.1 17.1 0.8 18.1 0.5 19.1 1.0 12.2 0.4 19.3 1.7 26.7 1.8 11.9 0.1 Kansas City Boonville Jefferson City Hermann Hannibal St. Louis CapeGirardeau Quincy At Hospital- Officials at the Audrain Medical Center reported today admitted: Mrs. George E. Callahan, James W.

Danser, William Douglas Cooper, John L. Gentry, Mrs. James W. Hancock, Harold K. Mechlin, Dewey Y.

Taylor, Mexico; Mrs. Cordia T. Iman, Mrs. Chester Gnau, Auxvasse; Melville M. Hawkinson, Richard L.

Prior, Farber; Mrs. Gary R. Young, Benton City; Mrs. Margaret C. Baker, Madison; Terry Dean Shaw, Middletown; James Bates Paris; Mrs.

Eliza F. Dickerson, Centralia; Frank H. Hollenback, New Florence; Mrs. Homer L. Arendall, Wellsville; Edward L.

Jacobi, Martinsburg. Born to Mr. and Mrs. Harold R. Williams, Mexico, a daughter, 4:44 a.

m. Friday. Dismissed: Mrs. Helen P. Peyton, Clarence Clifford Williams, Gene Loyd, Mrs.

Charles D. Powell, Heather L. Ho well, Mrs. Elmer D. Asquith, Mrs.

Anna Craghead, Mrs. Marvin Collet, Tommy R. Marshall, Alan Polacek, Mexico; Richard A. Beasley, Ronald E. Beasley, Jewell W.

Clevenger, Mrs. Eliza F. Dickerson, Centralia; Mrs. Alfred H. Wurslin, Auxvasse; Martin Jacques, Mrs.

Frances Jarolimek, Wellsville. DEATHS- James E. Vannoy, 35. Edward R. Sailor, 68.

PUBLIC SAFETY REPORT Mike Murry, 1514 Kent Road, reported to police Thursday the theft of a 10- speed bicycle while it was parked near his home. The bike is a new, blue Western Flyer. American Kidnaped In Argentina BUENOS AIRES, Argentina (AP) A 48-year-old American oil company executive is the latest kidnap victim in Argentina. David B. Wilkie, general manager of Amoco Argentina Oil was abducted outside of Buenos Aires Thursday morning.

An Argentine newspaper reported that the kidnapers have demanded $1 million in ransom. A spokesman for Standard Oil Co. of Indiana, Amoco's parent company, said there had been telephone contact with the Courts- CITY COURT- The Ledger has been asked to state that the Charles Munford of Mexico listed in yesterday's daily record is not Charles D. Munford of 915 Concordia St. CIRCUIT COURT- Consolidated Electric Cooperative, represented by Barnes and Barnes, has filed a suit on account against Junior (J.

Higgins. CEC charges that Higgins had failed to give an accurate report of his electric meter reading, paying the cooperative $507.47 for electricity used when in fact he should have paid $1045.92. CEC filed suit for the balance, $538.45, plus interest. Norma Lee Salmons, represented by Osborne and Heim, has filed for divorce from John W. Salmons.

Walter Golden, represented by Welliver and Simon of Columbia, has filed for divorce from Helen Ann Golden. Glenda L. Munford, represented by Edwards, Seigfreid, Runge and Hodge, has filed for divorce from Charles L. Munford. Mary Ann Lovelace, represented by Edwards, Seigfreid, Runge and Hodge, has filed for divorce from Paul Shannon Lovelace.

IN OTHER Magistrate Court of Montgomery County- David Vernon Powell, Montgomery City, no hand brake, fined $10 and costs. Edward Ralph Viau, Dearborn, exceeding speed limit, fined $10 and costs. Billy Douglas Goodman, Hickman, exceeding speed limit, fined $60 and costs. Audrey L. Rollins, Merriam exceeding speed limit, fined $10 and costs.

Werner Spitzer, Gensungen, Germany, exceeding speed limit, fined $10 and costs. Phillip Virgil Lucas, St. Charles, exceeding speed limit, fined $15 and costs. Sherman Lee Barckmann, Saddle River, N. exceeding speed limit, fined $15 and costs.

Richard Joseph Kelly, Chicago, 111., exceeding speed limit, fined $30 and costs. Victor Leon Davis, New Florence, driving while intoxicated; fined $200 and costs, 15 days in jail, and surrender of operator's license. TODAY IN HISTORY Today's highlight in history: On this date in 1825, the Erie Canal was opened, connecting the waters of Lake Erie and the Hudson River. Market Reports- MISSOURI LIVESTOCK MARKET CENTER (Mo. Dept.

of Slaughter hogs, 650; barrows and gilts under 260 .25 to spots .50 lower; over 260, .50 lower; some near 300, .50 to 1.00 lower; 1-2, 200-245, 42.75-43.30; 1-3, 200250, 42.25-43.00; 2-3, 210-260, 41.7542.50; 24, 260-280, 41.0042.00; a few 280-310, 40.0041.25; sows, .25 to .50 lower; 13, 370-575, 36.75-37.55; boars, 35.00-37.00; CATTLE, 320; in forced trading, slaughter steers, 24, under 1100, mostly 1.00 higher; slaughter heifers, mostly 1.00 higher; slaughter steers, high choice, 24, 8301030, 42.0043.50; load high yielding, 998, 43.60; choice, choice, 34, 1150-1260, 37.00-39.00; package choice, 4,1335, 34.50; high good and choice, 830-1280, 37.7541.00; slaughter heifers, choice, scattered sales, high good and choice, 39.0041.00. YESTERDAYS CASH GRAIN Soybeans $5.29 Hard Wheat Soft Wheat Corn Milo CHICAGO (AP) and soybean futures were irregular in dealings on the Chicago Board of Trade today. On the opening, wheat was 1 cent a bushel lower to 3 cents higher, December 4.66; corn was 2 lower to 2 higher, December 2.51; oats were lower to higher, December 1.24 and soybeans were 3 lower to 4 higher, November 5.68. CHICAGO (AP) Wheat No 2 soft red 4.85ten; No 2 hard red 4.65Msn. Corn No 2 yellow 2.40%n/ Oats No 2 extra heavy white 1.34V4n.

Soybeans No 1 yellow 5.53M>n. No 2 yellow corn Tuesday sold at 2.36-2.39. NATIONAL STOCKYARDS, 111. (AP) Estimated receipts for Monday: 7,000 hogs, 2,500 cattle and 400 sheep. Hogs butchers 25-50 lower and sows 25-75 higher.

U.S. 1-3, 200-240 Ib butchers 43.0043.50. U.S. 1-2, 200-230 Ibs 43.5043.75. U.S.

1-3, 300-350 Ib sows 38.25-38.75; 350-600 Ibs 37.50-38.00. Boars 36.00 with weights under 250 Ibs 38.5039.00. Cattle 100; mostly cows, about steady. Utility and commercial cows 29.00-33.00; few yield grade 1-2, 34.00; cutter 27.00-30.00; canner 24.00-27.00. Bulls yield grade Ibs, 40.0041.50.

Not enough sheep to test market. $4.00 $3.90 $2.10 $3.45 Grain prices early Mideast (Continued from Page 1) wake of the cease-fire was to have Israel withdraw from territory occupied in the latest war and in 1967. He warned Arabs to prepare for more war in case Israel refuses to give up the occupied land. Faisal also told the Beirut magazine Al Diyur that his oil embargo against the United States will be maintained until the Israelis withdraw completely. While an Egyptian military spokesman in Cairo denied that Egyptian tanks continued to fight Israelis at the Suez canal, Israeli war analyst Gen.

Haim Herzog said continued fighting was apparently the result of a break in communication with the 3rd Army. "The general picture we have had throughout the fighting inside Egypt has all the time been one of a lack of knowledge of conditions," Herzog said. Despite this, he said he believed the cease-fire would hold. Egypt charged earlier that Israeli troops made two attacks on the city of Suez Thursday, but Israel said both the Egyptian and Syrian fronts were "relatively quiet" all day. Associated Press correspondent Ronald Thomson reported from the outskirts of Suez that only occasional shelifire was heard, and Israeli troops told him much of the shelling came from Egyptian guns.

A U. N. spokesman in Cyprus said the first troops for the Middle East peacekeeping force would leave there this afternoon, but there was no indication yet how soon the bulk of the force could be assembled and sent to the cease-fire lines. Agreement on a council resolution barring big powers from participating in a Middle East peacekeeping force eased tensions. The United States early Thursday had put its forces on a precautionary alert around the world amid concern in Washington that Moscow was planning to send military units unilaterally into the Middle East.

The Security Council voted Thursday to send in a peacekeeping force and to expand the observer corps already in the region. It asked Secretary- General Kurt Waldheim to report today on the preparations for the force and how much the effort would cost. As an immediate measure, the council voted to dispatch 897 Austrian, Finnish and Swedish troops from the U.N. peacekeeping force on Cyprus to Egypt. The Security Council vote came on a resolution offered by the council's eight nonaligned members.

The resolution specified that none of the troops will come from the permanent members of the Security Council the United States, Britain, France, the Soviet Union and China. Egypt had asked the United States and the Soviet Union on Wednesday to send troops from their forces in the Mediterranean to enforce the cease-fire as a peacekeeping force. The United States rejected the request and put its military bases under a precautionary alert. "The alert will not last one moment longer than absolutely necessary and will be lifted as soon as there is no threat of unilateral action," Secretary of State Henry A. Kissinger told a news conference.

Stock Market- in over the counter trading yesterday, A. B. Chance 22te bid, 23 asked; Commerce Bancshares bid, asked; Wetterau 20V 4 bid, asked. On the New York Stock Exchange yesterday, Bobbie Brooks closed at down 800 shares traded; Dresser Industries 58V 4 down Interco 37, down 600 Kaiser Aluminum 25Ms, down Vi, 900; Panhandle Eastern Pipeline up 4 Ralston Purina 47, up US Gypsum common down US Gypsum preferred 25te, down 100; Wal-Mart 23V 4 unchanged, 300. NEW YORK (AP) The stock market jumped forward today as the nation's second- largest commercial bank announced the second reduction of its prime lending rate in eight days.

The noon Dow Jones average of 30 industrials was 7.98 higher at 982.47 as advancing issues held a broad 2 to 1 lead over falling stocks on the New York Stock Exchange. New York's First National City Bank lowered its base lending rate to per cent today. Other economic news included a $873.3 million September trade surplus, higher in more than eight years. On the American Stock Exchange, the market value was up .87 at 108.72 as most-active Great Lakes Chemical gained to 15V 4 US Believes Tensions Will Now Be Eased WASHINGTON (AP) U.S. officials believe that creation of a U.N.

emergency force will help reduce tensions in the Middle East and may clear the way for direct negotiations between Israel and the Arab states on a permanent settlement. But they say the situation will remain uneasy until the troops and a companion U.N. truce supervisory team are on the job with full support to keep the peace and to check cease-fire violations. The emergency force was set up by a 14-0 vote of the U.N. Security Council Thursday after the United States ordered a world-wide military alert and cautioned Moscow that the United States would oppose any move to send Russian troops to the Middle East.

Secretary of State Henry A. Kissinger said the U.S. was not seeking a confrontation but he added firmly, "There are limits beyond which we cannot go." The Soviet Union subsequently agreed to back establishment of the peacekeeping force proposed by a group of so-called non-aligned nations. No Russian, American, Chinese, British or French soldiers can be on it: "We consider the vote a step in the right direction," said Robert J. McCloskey, the State Department spokesman.

"Naturally, we hope that all parties will give full support to the terms of the resolution." So far, Austria, Finland and Sweden are set to contribute troops to the force, which presumably would station itself between Israeli and Egyptian armies on both sides of the Suez Canal and between Israeli and Syrian units in the Golan Heights. The resolution calls for a return to the positions occupied Monday when the Security Council issued its first call for a cease-fire. Except for a plea for cooperation, the resolution does not detail either the specific duties of the emergency force or the obligations of the council members. Meanwhile, Kissinger told a news conference he and Soviet Ambassador Anatoly F. Dobrynin have had "preliminary conversations" about the site and the procedures for direct Arab-Israeli talks.

The secretary of state also suggested that at least some Arab states have agreed that the talks should begin. Until now, the Arab states have resisted direct negotiations with Israel. The United States has offered its "good offices" in, the past but there have been no negotiations in the 25 years of Israel's existence. "We believe that negotiations can and should begin in a matter of a very few weeks," Kissinger said. James E.

Vannoy Rites in Vandalia AND James E. Vannoy, 35, of Arnold in south St. Louis County died suddenly Wednesday in St. Louis. He is the son of Mrs.

Raymond Jackson of Vandalia. Mr. Vannoy was born April 22,1938. He is survived by his mother; a stepfather, Raymond Jackson of Vandalia; a wife, Mary Sharp Vannoy; two sons, John Robert and James Michael; a daughter, Mary, all of the home; and a sister Mrs. Linda Williams of Kewanee, Hi.

The funeral mass will be celebrated at the Sacred Heart Church in Vandalia at 12:30 p. m. Saturday. Visitation is from 9 a. noon Saturday at the Waters Funeral Home in Vandalia.

Edward R. Sailor Dies in Chicago MONTGOMERY CITY- Edward R. Sailor, 68, of East Chicago, died in Chicago Tuesday. Born near Montgomery City on Sept. 7,1905, he was the son of John R.

and Edwina Hudson Sailor. He later moved to the Chicago area where he was employed as an iron worker. Survivors includ two brothers, John of Montgomery City and William R. of Detroit, Mich. Funeral services were held today at the Schlanker Funeral Home in Montgomery City with the Rev.

Robert Hester officiating. Burial was in the Montgomery City Cemetery. O. F. Rohlfing Services Held Funeral services for Otto F.

(Babe) Rohlfing of Mexico were held this afternoon at the Precht-Pickering funeral with burial in the Elmwood Cemetery. The Rev. Frank Park officiated. Mrs. John Connor was organist.

Pallbearers were Howard Kizer, Robert Scott, Rufus Byrnes, Paul Bounds, Youssef Fayad and Harper Van Ness. Mrs. Ketter Rites Saturday Funeral services for Mrs. E. F.

Ketter of Mexico will be at 11 a.m. Saturday at the Precht-Pickering funeral home with burial in the Elmwood Cemetery. The Rev. J. C.

Montgomery wll officiate. Visitation will be after 3:30 p.m. today at the funeral home. Judges Honor Sirica's Courage BOSTON (AP) Watergate Judge John J. Sirica has been given the American Judges Association's award of merit for "judicial courage." Sirica accepted the award Thursday night at the association's convention here.

He did not mention the Watergate case in his brief speech. "What can I say? What could anyone say that would be appropriate in these circumstances except to observe that the primary concern of our times and our time- honored adversary system is the orderly and diligent pursuit of the truth," Sirica said. On Tuesday, President Nixon agreed to turn over tapes of White House conversations to Sirica. Julie Doubts Impeachment WASHINGTON (AP) President Nixon is a man who "rolls with the punches," and will neither resign or be impeached, says one of his two daughters, Julie Nixon Eisenhower. "I think sometimes he really likes a challenge.

It's kind of a gauntlet thrown down you have got to pick up," she said on a local television show Thursday. She said she didn't think impeachment would even go to a vote in Congress because, "I just believe that the majority of congressmen and senators want what's best for the The majority really do want to work with the President." The Ledger Covers The Field Like The Dew Does Uttle Dixie! School Law Costs State Half-Million ST. LOUIS (AP) Missouri will lose $500,000 in federal education funds for innovative programs next year, according to a report Thursday by P.N. Newell, assistant commissioner of educatio for Missouri. Newall told the Missouri Board of Education the federal money will be withheld because the state is not providing equitable services for nonpublic school students in 14 of its 47 Title III projects.

Newall said he told officials of the U.S. Department of Health, Education and Welfare in Washington that Missouri is prohibited by its constitution from providing such services to nonpublic schools during regular school hours. He noted, however, that the services had been provided after school hours and on Saturdays. "I don't believe the decision was fair," said Arthur Mallory, Missouri commissioner of education, "but we have assured officials that our office will cooperate in helping the federal office of education in providing the Title III service to nonpublic schools." Title III projects include such programs as environmental education, individual instruction programs and preschool programs. Mallory said U.S.

Commissioner of Education John Ottina told him the government will by-pass the state department of education and contract with Cemrel, a regional educational laboratory in St. Louis, to provide the services formerly provided by the The school districts cited by the federal officials as receiving inequitable services were Affton, Jennings, Normandy, Parkway, St. Charles, University City and Webster Groves, in the St. Louis area, and Blue Springs, Fort Zumwalt, Independence, Lincoln University Laboratory School Diagnostic Center and New Madrid in other parts of the state. The Parkway school district had two Title III projects.

Centralia Turns On Its New Well CENTRALIA- City Administrator Howard Burton has announced that the new well was turned on at 11 a.m. today at the city park. He said there will be a definite change in the taste and appearance of the city water temporarily, due to the chlorine. The water will appear milky and will probably have a strong taste of chlorine, he added. Mr.

Burton said the new well is pumping 400 gallons of water per minute. The old well was turned off this morning, and if the new well functions properly over the week end, the old well will be dismantled beginning Monday morning. Graft Charged On US Officials WASHINGTON (AP) Two former U.S. officials in Laos told a House government operations subcommittee that millions of dollars worth of military property was bartered illegally to benefit some American diplomats in the Southeast Asian country. Unauthorized improvements and a swimming pool were provided to the ambassador's home, they testified.

U.S. Military Alert (Continued from Page 1) Wednesday what happened to the Soviet planes used in the Russian airlift, about a dozen transports were spotted leaving Budapest, Hungary. The planes were departing rapidly, sources said, and American officials feared Russian troops were aboard. Those fears later turned out to be unfounded, the sources said. At a news conference Thursday, Secretary of State Henry A.

Kissinger said U.S. officials had also detected some Soviet military units being placed on alert. Administration sources said later they were elite Russian paratroop units stationed in Eastern Europe. Kissinger also said American officials were puzzled by ambiguous diplomatic signals the Soviet Union began sending out Wednesday afternoon, after a week of seemingly genuine efforts toward ending the Middle Eastern combat. Officials said the apparent Russian willingness to accept a joint U.S.-Soviet peacekeeping force proposed by Egypt was the principal factor.

The United States rejected the idea. By early Thursday afternoon, the Soviet Union had agreed to the exclusion of the major powers from the peacekeeping force later approved by the Security Council. Nixon And Watergate (Continued from Page 1) Nixon's close friend, Charles G. "Bebe" Rebozo, and the alleged milk-price deal between the administration and the dairy industry. Laird said he would prefer to keep the Watergate probe in the Justice Department, where it was placed after Cox was fired last week.

But he conceded that "because it's a question of great public concern" a new prosecutor probably will be appointed. Vice President-designate Gerald R. Ford, the GOP leader in the House, and House Republican Conference Chairman John B. Anderson of Illinois, said a majority of their colleagues want Nixon to name a special prosecutor. But in the Senate, there was a movement particularly among Democrats to get a prosecutor with immunity from presidential dismissal.

Sen. Sam J. Ervin chairman of the Watergate committee and a senior member of the Judiciary Committee, cosponsored a special prosecutor bill to be introduced today by six other Democratic Judiciary Committee members and Connecticut Republican Lowell P. Weicker Jr. of the Watergate panel.

The measure would create a special prosecution force headed by someone to be named by U.S. District Judge John J. Sirica. Another GOP member of the Watergate committee, Sen. Edward J.

Gurney of Florida, the President's strongest defender on the seven-man panel, said he made a mistake last week in applauding the firing of Cox and urged Nixon to name former Atty. Gen. Elliot L. Richardson to Cox's post. Richardson resigned from the Justice Department rather than carry out a presidential order to fire the man he had chosen as special prosecutor.

Meanwhile, Cox's lieutenants and the new head of the Watergate prosecution asked a federal court to order the FBI and other government agencies to stay away from the voluminous files developed by the special prosecution before Cox's dismissal. In other developments: was learned that Nixon's one-time personal lawyer, Herbert W. Kalmbach, has told investigators he probably relayed word to Laird's predecessor at the White House, John D. Ehrlichman, about a secret $100,000 cash gift from billionaire Howard Hughes to Rebozo. An informed source said Kalmbach believes he told Ehrlichman in mid-1972, at least six months before Nixon acknowledges hearing about the controversial money.

Rebozo is reported to have told investigators he thought the money he received in 1969 and 1970 was a campaign contribution. The White House says he kept it for three years and gave it back after the 1972 election. President's younger daughter, Julie Nixon Eisenhower, said the recent news stories about Rebozo and Cox's investigation of him hurt her father deeply. "He doesn't mind if his policies are under the gun," she added. "That's fair game.

He just hates the idea that his family or his friends are being hurt." officials revealed that White House lawyers have instructed them to invoke executive privilege and refuse to tell investigators about Nixon's role in a controversial increase in federal price supports for milk in 1971. Former Agriculture Secretary Clifford M. Hardin and Under Secretary J. Phil Campbell have been told not to discuss with Senate investigators their meeting with Nixon on March 23, 1971. The meeting was held after the President and Hardin spoke to a group of dairy lobbyists who had just begun pouring the first of a promised $2 million into Nixon's campaign.

Two days later, Hardin announced he was reversing a decision announced earlier in the month and would grant an increase in price supports that the industry said was worth at least $500 million to the nation's dairymen. GM Reports Record Profits NEW YORK (AP) General Motors the nation's largest auto maker, has reported record third- quarter profits of $267 million, or 92 cents a share, and record sales of $7.6 billion. GM's earnings for the third quarter more than doubled last year's figure and contrasted sharply with the thirdquarter reports of the Chrysler Corp. and the Ford Motor Co. Earlier this week, Ford reported third- quarter earnings rose about $1 million, to $95 million.

Chrysler reported a $17 million loss for the quarter. Ovation For Maria, But Not By Critics HAMBURG, West Germany (AP) Soprano Maria Callas received a 35-minute ovation at the end of her first concert in eight years. However, critics said privately her performance here Thursday was disappointing. One observer said the singer had lost both her trill and the gloss in her voice. Arab Oil Cutback Could Strangle Britain LONDON (AP) If all Britain's 12 million cars stopped dead for a year, the oil saved would make little difference in the face of a sustained Arab cutback of fuel supplies.

Eventually, experts concede, much of British industry might have to shut down. Homes, schools and offices would go largely without heat. Air transport, shipping and most of the nation's trains could come to a halt. Such is the potential stranglehold Arab oil holds over the nations of Western Europe. Together they rely on the Middle East and North Africa for some 80 per cent of their oil supplies.

The United States, which gets only 6 per cent of its oil from the Middle East, has worried about possible shortages of heating fuels or perhaps gasoline rationing. This would be only the beginning in Western Europe. In Britain, for example, coupons to ration gasoline are printed and ready for distribution. If the crunch comes they would be little help. All the cars in Britain use only 13 million tons of oil a year and the country now imports annually some 70 million tons of oil from the Middle East.

Despite the potential threat, an Associated Press survey shows European governments are stressing for the time being that the short-term supply outlook is still fairly good. Britain now has 79 days of oil supplies in reserve and another 30 days supply in tankers on the way, Trade and Industry Minister Peter Walker said. "We are now in a position to meet requirements for some months ahead if there were an emergency," he told parliament. Walker said the government has plans to limit exports of fuels, to urge public restraint in the use of fuels, and eventually to ration. Many other West European governments, with two or three months supply of oil in reserve, are thinking on the same lines.

There is little the Europeans can do to make up the losses from the announced Arab intention to cut back oil production by 5 per cent a month in support of Arab war aims against Israel. No other source of oil or other form of energy is available now to replace Arab supplies. European oil companies, like their American counterparts, are heavily committed to drilling efforts elsewhere. Some 95 per cent of all oil company explorations for new sources of supply are now outside the Middle East, in places like the North Sea, Indonesia, Nigeria and many others. Investigation On Into Butz Call On FTC WASHINGTON (AP) The Washington Star-News, quoting informed sources; reported today that Secretary of Agriculture Earl L.

Butz is being investigated in connection with an alleged attempt to influence a Federal Trade Commission probe for political purposes. The Department of Agriculture said Butz was not available immediately for comment. The Department said he was in San Francisco for a speech. The Star-News, in a story by Barry Kalb, said the Butz investigation revolves around the 1969 acquisition by Heublein, of a California wine growers cooperative known as United Vintners, Inc. Heublein is one of the nation's largest purveyors of alcoholic beverages.

United is the second largest California wine producer and markets Italian Swiss Colony and Inglenook wines among others. In the spring of 1972, the FTC's Bureau of Competition suggested to the five commissioners that the acquisition constituted an illegal restraint of trade and should be formally challenged, the Star- News said. Before the commissioners could act, the newspaper said, Butz personally requested a meeting with then-FTC Chairman Miles Kirkpatrick and asked him to delay the challenge until after the presidential election, saying that California was a critical state and implying the challenge would hurt President Nixon's reelection efforts there. The newspaper said it understood Kirkpatrick was furious at the suggestion. It said the only action Kirkpatrick took subsequently was to verify that the recommendation to challenge the acquisition was on solid grounds and then to present the proposed challenge to the commissioners and vote for it himself.

Kirkpatrick could not be reached for comment, but the Star-News quoted him as saying "there was nothing improper at all about the meeting as such." Beyond that, the newspaper said, Kirkpatrick refused to discuss details of the matter or characterize Butz's proposal in any way. Federal law makes it a crime to attempt, for improper reasons, to "influence, obstruct or impede" a lawful investigation by a federal department or agency. The Star-News said the matter was referred to the office of then special Watergate prosecutor Archibald Cox and the investigation is continuing despite Cox's firing last week. The FTC challenge of the acquisition suggested that Heublein be required to divest itself of its 82 per cent interest in United. The challenge currently is being litigated by the FTC's office in San Francisco.

Big Bank Cuts Rate NEW YORK (AP) First National City Bank, the nation's second largest commercial bank, announced today it was cutting its prime rate by Vt percentage point to 9Vfe per cent. The move was expected to be followed by other banks and was viewed by many analysts as a strong indication of an easing of the tight money market. The prime rate is the minimum lending rate banks charge their largest corporate customers. While the prime is not directly tied to interest on small business and consumer loans, it often reflects interest rates in general. It was the second tme in as many weeks that Citibank has initiated a cut in the prime rate which two weeks ago stood at an all-time high of 10 per cent.

Debt Ceiling Bill Approved WASHINGTON (AP)-The House Ways and Means mittee, in what was seen as a victory for the Nixon administration, approved a new public debt ceiling without tax reforms or a Social Security in-, crease attached to it. The ceiling would rise to 1471 billion from the current tM5 billion..

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

About Mexico Ledger Archive

Pages Available:
75,219
Years Available:
1887-1977