Retail Beef Prices Fall With Pork Costs Edge Up
Washington AP reports the Agriculture Department notes retail beef prices ease due to large supplies while pork prices edge higher despite increased production. Beef averages about 1.39 per pound with June at 1.41 and a year ago 1.61. Pork around 1.40 with June slightly higher. Farmer shares and middleman cuts show shifting margins as grain-fed beef remains abundant into August despite farm losses.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Middleman
Consumers To Challenge Natural Gas Price Rise
Energy Action plans to appeal the Federal Power Commission's $1.5 billion increase in interstate natural gas prices saying it is too high and hasty. The commission set a new ceiling of $1.42 per thousand cubic feet, with residential bills averaging a $15.60 annual rise.
MENTIONED IN THIS ARTICLE
Washington
Federal Power Commission
Energy Action
Commission
U.S. Court of Appeals
FPC
Regu
Gas Prices Will Be Stable Says State Energy Coordinator
South Carolina energy coordinator Steve Conner says the Federal Power Commission price ceiling increase for interstate natural gas is a positive sign. The FPC set a $142 per thousand cubic feet cap with possible $0.01 quarterly rises, while the old price was $0.52. Conner notes 80 percent of gas costs in SC are transportation, so higher interstate prices should lower per unit shipping costs and enable more gas sales.
MENTIONED IN THIS ARTICLE
FPC
Columbia
South Carolina
Conner
Uncommitted S.C. Delegate Backs Ford for President
Dr. Inez Eddings, an uncommitted South Carolina delegate to the Republican National Convention, says she will vote for Gerald Ford after Ronald Reagan named liberal Sen. Richard Schweiker as his vice presidential running mate. She argues the pairing risks unity and conflicts with the governor’s conservative philosophy. Rep. Floyd Spence remains uncommitted.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina
Ford
Inez Eddings
Ronald Reagan
Richard S. Schweiker
Eddings
Floyd Spence
CCI Officer Charged Over Alleged 1500 Pardon Payoff
Freddie L. McQueen a Central Correctional Institution officer is charged by SLED with obtaining money by larceny or trick counterfeiting a document and deceitful obtaining 1500 dollars A B White assistant supervisor at CCI was dismissed as authorities pursue further charges The probe began after an inmate's wife reported a call offering a full pardon for 1500 dollars
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Columbia
Central Correctional Institution
CCI
State Law Enforcement Division
Freddie L. McQueen
SLED
A. B. White
State Department of Corrections
Attorney General to Decide on CIA Mail Op Prosecution
Attorney General Edward H. Levi weighs whether CIA agents who opened mail to Communist countries can be charged with crimes. Justice Department officials say presidents during 1953 to 1973 may have known, complicating potential prosecutions, with risks of implied presidential authorization and questions of national security law.
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Washington
Edward H. Levi
CIA
U.S
Levi
Justice Department
Criminal Division
Department
United States
New York City
San Francisco
Dwight Eisenhower
John F. Kennedy
Lyndon B. Johnson
Richard M. Nixon
Hartwell Management Plan Faces Hearings Over Lake Strip
A House subcommittee tentatively agreed to hold hearings on the Army Corps of Engineers plan for Lake Hartwell on the Savannah River border of South Carolina and Georgia. The proposal would restore a 50 to 100 foot strip around the lake to its natural state, a move opposed by the Lake Hartwell Property Owners Association representing about 758 families. The strip is federally owned but maintained by bordering landowners and the plan would bar private use by future buyers of the federal land.
MENTIONED IN THIS ARTICLE
Washington
House
Army Corps of Engineers
Lake Hartwell
Savannah River
South Carolina
Georgia
Corps
Lake Hartwell Property Owners Association
Duke Power Projects Big Profit After Rate Increases
Duke Power reports 61.7 million in common stock earnings for the first half of the year, up from 27.6 million a year earlier. Per share earnings are 1.09 vs 0.57, based on about 58.7 million average shares, with June 30 figures.
MENTIONED IN THIS ARTICLE
Duke
Ona
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