The Fresno Bee from Fresno, California • 47

"wv Page D7 TIIE FRESNO BEK Tuesday Feb 12 1974 Neighbors Fresno Man Involved In Libya Finishes Nationalizing Four US Oil Firm Subsidiaries Saturday Fracas Dies companies which is usually considerably below the real value to reduce taxes Tripoli Radio said the nationalization was Col to a message last week from President Nixon explaining the aims of the Washington parley that opened sued by his Revolutionary Command Council ordered nationalization of the other 49 per cent ofthcCalifomia Asiatic Co owned by Standard Oil of California: the American Overseas Petroleum Co owned by California Asiatic and Texaco and the Libyan-American Oil Co owned by Exxon and Atlantic Richfield tractor was arrested Saturday night at the Fresno Air Terminal on suspicion of assaulting a police officer during a disturbance which broke out after he and a friend were not allowed to board a chartered gambler's flight to Reno Nw Rockwell and Antonio Catalano 29 of 152 UV Swift Ave Clovis reportedly were not allowed to hoard the plane because they appeared drunk Officer Alan II Atchlcy suffered a dislocated shoulder when he was knocked down by Rockwell police said An autoiwy will be held in the death of Cary Rockwell 33 of 4780 Bona Delle Ave who was dead on arrival at Valley Medical Center at 4:39 am today despite efforts by police to revive him The coroner's office said wife Kathy reported she was awakened shortly after 3:30 am by her husband who appeared to have trouble breathing Investigators said an ambulance was summoned and that an officer gave Rockwell mouth-to-mouth resuscitation before the ambulance arrived Rockwell a building con TRIPOLI Libya (AP) President Moammar Khad-afy has retaliated to the Washington oil conference -ny completing the national ization of Libyan subsidiaries of four American oil wmpanies The "fresh slap in America's as Radio Tripoli termed it promised stormy weather later this week for proposal to ease the oil embargo against the United States The proposal will be argued at a meeting of the Arab oil nations opening Thursday in the Libyan capital Khadafy last September took control of 51 per cent of all foreign oil holdings in Libya A decree Monday is- State Department officials in Washington said that if Libya had seized the oil companies' holdings for political purposes they would encourage lawsuits against the Libyan government Several companies whose assets were seized earlier by Khadafy have begun action in various courts Khadafy nationalized the Libyan holdings of another American firm Bunker Hunt last July to protest US policy in the Middle East In late 1972 he seized the holdings of British Petroleum accusing the British government of collusion in Iran's occupation of three small islands-in the Persian Gulf ETV: Explanation The broadcast called the meeting of oil-consuming nations provocative and said: will not be deceived by US Secretary of State Henry Kissinger's smile and diplomacy We will remain true to our abisra and will continue to deal strong blows to the monopolistic American Coast January Retail Sales Increase Woman Is Arrested In Shooting Mrs Peggy Jean Walker 35 of 2384 Kirk Ave is being held in the- Fresno County Jail on suspicion of assault with intent to commit murder in the shooting Saturday night of Robert I Johnson 23 at the rear of a nightclub at 360 St Johnson was shot in the neck with a small caliber weapon and is in satisfactory condition in Community Hospital police said Johnson who lives at 194 North Ave reportedly argued with his 17-year-old girlfriend after they arrived at the nightclub Police said he struck her $11 XXX) Fire Hits' Fresno Home Fire caused an estimated $11000 damage to the William IT' Marvin home at 4738 Callisch St fire officials reX)rtcd The cause of the blaze which was reported Saturday shortly after 8 pm has not lx'en determined Investigators said the family was not home when the fire broke out Another fin destroyed a vacant building at 1052 St Sunday night The building owned by Erwin Chow of Fresno was scheduled to be demolished later this week officials said No loss was taken Are Set draws of Fresno two daughters Barbara Morris of Worth Tex and Mrs Darlene Lawson of Carson City Nw -three brothers Raymond Stan-coff of I os Angeles- anif Roy and Stancoff of Fresno and a sister Mrs Helen Collins of Fresno three grandchildren and one great-grandchild STAND IT? STORE IT! Dgrrtri Mmi-StoragB SMlPrirgtt Wfbmtl i Im 4414 East Herndon 299-0461 251-4244 tions However there is a question of which side would have to move first toward a negotiated settlement Poore and others in the Fresno County Channel 18 project say they thought they- had the supixirt of other counties The fact that the Tulare County proposal was made caused initial anger which subsequently turned to a call for cooperation Said one xrson in the Fresho County Department of Education don't want a split we can't resolve We need public and educational television in the valley but we also need all the help and cooperation we can get from the other Weyarit Rites Funeral services for Mrs Violet Mae -Weyant a re--tired employe of the Fresno County auditor-controller's office and a Fresno resident for 58 years will- be held in the Tinkler Mission Chapel Thursday at 10 am Burial will follow -in the IOOF Cemetery Mrs Weyant' who resided at 3521 Illinois Ave died Sunday after a lengthy illness She was a native of Oklahoma Surviving are her husband Frank of Fresno her mother Mrs Nora An- Continued from Page D1 and how we would participate in it but he went right ahead and hasn't consulted with us We all want to be guaranteed we arc in this thing in more than just funding We want to have input on the programing before wc hare to come up with the Cochran said Gray pointed out that he has asked in public meetings about Channel 18 for assurances of involvement from other counties know whether Channel 18 will have enough money this time watched it fail other times Our proposal (which includes school district contributions of about 30 cents a student) would attempt to involve the community written on the basis of community willingness to proceed If the community we serve doesn't want to put up money to proceed to the next phase we won't move ahead" Vaccaro said want to make this clear All of iis want to bring educational television to Ihe valley but wc all want to play a part in the total Cochran added Cochran Vaccaro and Gray say they want to confer with Poore and work out some "acceptable that will resolve the competitive aspect of the two applica- New York Times News Service WASHINGTON Retail sales rebounded last month after a sizeable dip in December preliminary fig-' ures from the Commerce a Department disclosed Mon-day Although automobile "sales continued sluggish they apparently improved from the depressed December levels Overall retail 'sales rose last month to $4301 billion from a revised $4197 billion in or slightly more 'than 2 per cent December sales turned out to be substantially than has been estimated in the preliminary report a month ago They are now put at 2 per cent lwlow November The result is that retail sales despite the January rebound remained last month' slightly below the record peak reached in October and November The three companies produce only about five per cent of Libya's two-million-barrcl daily output 1 The decree said the Revolutionary Command Council would set up a committee to determine compensation for the companies It probably will be based on the net book value of the January sales excluding what is called the rose a little more than $600 million implying an increase of about $400 million in sales of autos and accessories The detailed breakdown by retail category is not yet available on a seasonally adjusted basis The figures continued to indicate a significant change in consumer food buying habits as a result of last year's explosion of food prices In December the at was 22 per cent above a year earlier while the dollar volume of sales of food stores was up only 134 per cent from a year earlier This suggests that ixwple either ate less or more likely ate less expensive foods than those in the on which the consumer price index is based Here is a breakdown of the job cuts: Boeing 500 Chrysler 150 Federal Electric Corp 410 General Electric Co 250 IBM 80 McDonnell Douglas 101 and Rockwell International 325 will take place in all skilled categories including some management some engineering and some hourly personnel" said Al Evenson of personnel staff Boeing which launched Skylab 3 last Nov 16 with a staff of 2150 was down to about 2000 by the first of the ear McDonnell Douglas Astronautics Co said that by the end of February it will have reduced its work force at Kennedy from 590 last November to about 427 JP Weidig of administrative staff said many of those losing their jobs known since before Chrysler Corp is cutting its payroll here from 300 last November to about 150 But Tom McDonald a Chrysler spokesman said that by Octolier the company will have to start recalling some employes to work on the linkup program with the Russians Ai Cl MA Arte PS Armco St Armst Ck Asomero Oil Astrodota A-T-0 Crp All Rich Atm CD AvcoCmty Avco Avery Pds Avon Pd Baker Oil BanCal Tr Boxtr Lab Beckman Beil I Fireslne 19' First CFL 27' First Mia 76 Fst NotCrtV 12s Fleets En -1 FlaPwLf 5 Fly Tiaer 91 FIvTOIOWT Pi 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men were captured Sunday afternoon by Doug' Lindgren 38 and his father who live next door to the burglary victim Deputies said the Lindg-rens had the suspects face down at gunpoint in a vineyard at Nebraska and Zedi-ker Avenues when deputies arrived Doug wife Bonnie told investigators she was home when three men drove up to her home She said one man rang the door bell but she did not answer it She said the men then drove to the home of Ixan-dro Valdez about 75 yards away where she saw two of them enter the house through a 1-ear door The other man stayed in the car she said Mrs Lindgren telephoned the office and then drove to the Valdez home She said she chased the car several miles after it fled when die approached Deputies said the car was later found parked in front of Mendez' home in Dinuba but that it has not been determined who was driving it Lindgren and his father said they saw Mendez and' Botello run from the Valdez home and they gave chase on foot Investigators said a tele-vison set a vacuum cleaner and other property were found inside home Woman Is Raped At Knifepoint A 24-vear-old southeast Fresno housewife told police she was raped by a man who entered her home and threatened her with a knife The' woman said the man appeared in a hallway of the house minutes after her husband left for the store She said the man held a knife at her warned her not to scream and forced her to accompany him to the backyard where he removed her clothing and ra)xxl her The couple told police someone has been telephoning the house three or four times a day for about three months but hangs up when either of them picks up the telephone The rape was reported Sunday night TriolsHeld In Rape Of Fresno Girl Three Los Angeles men including a former Fres-nan hare been arrested on suspicion of raping a 15-year-old Fresno giri Sunday in a motel in the 1300 block of North Motel Drive The girl said the men forced her to accompany them to the motel after they offered to give her a-ride home from a party The suspects who were arrested at the motel after the girl was returned home and reported the alleged rape to police have lxen identified as Donald Hart IS a former Fresnan and Howard Grady 18 and Gregory A Brown 22 The girl said the men slapped her when she streamed for help talks Are Set On Divorce The second in a series of lectures concerning divorce problems will be held-Thursday at Fresno City College The lecture entitled to get the Most From Your will be held in the college's speech-music building's recital hall The speakers at the 7:30 pm program will be attorneys' Paulette Janian Judity Solcy and John Fitch anti Judge Frank Creede There is no charge Layoffs Keep Soaring Exchange CLOSING PRICES Monog Ind Monsnt Mnt Pw Mo rt Kud Motorola NL Ind Not Airin' Nat Cash Nut Dist Nat Gyps Nat Semic NofUnEI Natomc NEQNGFf Nw indrioMn Nioa Moh Norris Ind Norris Oil NAm Rock Northrp NW Air Nort Simon NVF Co NVF wt Nytronics Occidental Ohio Ed 01 in Coro Open Road 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Untei wt US Steel Uolotin Utah Inti UV Indus UV Ind wt WQARNCm WQANPFC Worn Lamb WQASHWPw WQATKJohns Wells Fargo Wstn Airl WQESTNBnCP 3 WQSTNUnton 15 Wstn Elec 264 Weverhr 33: WQHITTAKRCp 2' Winnebago 54 'Xerox 107-Xonics Inc Zenith Zoecoh 8 IS 31 1 6 33 IV i 17' i 31-4 15' 414 78 23s 1934 14 4 82-4 38s 59 38- 11s IS- 5' 4 20' 71-t 2F lU' Palomer Mtg Pan AWA 1 I Penn Cnn Pennz Oil Pernizl pf PeoslCo Perkin EM Petrolane pfirer Phil Mo Oreiltt 19s 77' 1973 Sales $1 Billion However Chairman Lynn Townsend and President John -Riccardo predicted problems for the near future indications are that 1974 will be a difficult year" they reported to stockholders anticipate a decline in United Stales now-car sales return on sales particularly from our North American operations will le under pressure as inflation continues to increase the cost of 'producing cars and Cleveland already dropped its prime rate to 9 per cent from 9i per cent liecause of the rates in the short-term market on which banks depend for much of their funds Analysts say that in an effort to cushion the business decline seen developing from energy shortages the Federal Reserve Board the nation's central banker jus pumped money into the banking system This easing of monetary policy has contributed to lowered interest rates they say The prime rate hit a record high of 10 per cent last September after 23 consecutive quarter-point rises After falling during the fall the rate climbed back to 10 per cent in December before starting its present decline CAPE CANAVERAL Fla (AP) When the Sky- lab astronauts dropped into the Pacific Ocean Friday after 84 days in space 1816 employes at the Kennedy Space Center saw their jobs come to an end They joined more than '13000 aerospace workers at the center who have lost -their jobs since 1968 when 26000 persons were employed during the height of space program By June 30 the work force at Kennedy will be about 9450 said a spokes- man for the National Aeronautics and Spacu Adminiv tration The latest group to receive pink slips worked mainly for contractors such 1 as the Boeing Co General Electric Co and Interna- tional Business Machines Corp handling launch support facilities Some will spend their last two weeks on the job moving the Saturn IB rescue rocket back to the Vehicle Assembly Building where it will be taken apart and modified for passible use during- the 1975 Sm-iet-American mission After that then will be no more Americans in space until perhaps 1978 or 1979 on shale Firm Reports Gains LOS ANGELES (AP) Jhe Oil Shale Corp reported that earnings for the year ended Dec 31 rose to $519 million or 28 cents a share from $503000 or 3 cents a share in 1972 Sales climbed to $16649 million from $7228 million IL Koolsbergen chairman said the 1973 financial results reflect principally a full operation of the lion Oil subsidiary and success in obtaining adequate raw materials for its refineries He said that during the year the refining capacity was expanded to more than 70000 barrels a day Job Hunting? Consult the want ads in Bee (adv) Crossroads a of Public Opinion More Ban ks Lower Prime Rate NEW YORK (AP) The shift down to a 94 per cent dropped their rates to per cent Bankers Trust of One bank the Trust Co has Chrysler's Hit Record DETROIT (AP) Chrysler Corp reported record sales of $118 billion in 1973 up 206 per cent from the previous year Chrysler said 1973 earnings reached $2554 million or $480 per share of common stock up from $2205 million or $427 a share in 1972 The firm said fourth-quarter sales were $34 billion up $600 million from the same 1972 period despite increasing impact of the energy crisis and inflation New York also sliced its prime Other banks adopting the 9i per cent prime Monday included Los Security Pacific Bank eighth largest San Francisco's Wells Fargo 11th biggest New York's Irving Trust 12th in size the National Bank of Detroit Franklin 'National Bank of New York and Chicago's Harris Trust Sc Savings A sharp drop in shortterm rates as well as a downturn in loandemand hare precipitated the lowered prime analysts say They say that if short-term rates remain at current levels through the week banks which peg their prime to those rates may a-dopt a 9 per cent rate as soon as Friday Last year The Bee received 4938 letters to the editor representing almost every point of view on subjects of local state and notional interest Of That total 2640 were printed in whole or in port more than half of those received Many readers gained new insights into controversial subjects by reading another point of view in The Bee's Letters section An effort is made to publish a variety of viewpoints in proportional representation to the total number received Keep up with major subjects of discussion by reading the opinions expressed in the Letters From The People If you have something to say join the thousands who take advantage of The Bee's Letters section to make your views known frime lending rate started ast week spread through (he banking industry Mon-Say amid predictions another cut was coming soon The third- and foiurth-largest commercial banks New Chase Manhattan and Manufacturers Hanover Trust said they were lowering their prime rate from 9s per cent Chase said it was taking the move to remain with competition and in line with shortterm interest rates which hare been The prime rate is the interest banks charge on business loans to their best conxtrate customers Friday the nation's two largest banks Bank of America and New York's First National City Editor of The Bee 1 559 Van Ness Ave Fresno Ca 93786 UBM gifr 44.