Price Commission tightens stance on wage led price hikes
The Price Commission warned firms not to automatically pass wage increases to customers as it limited Old Ben Coal Co to a 3.78 percent price rise from a 6.71 percent demand. Chair Grayson said the panel will scrutinize wage based price requests and apply the same criteria across the coal industry. A survey indicated 20 percent of firms would not raise prices, 60 percent modest increases, and 20 percent noncommittal amid ongoing inflation controls. The Senate moved to extend Nixon powers over the economy to April 1973 as stock markets rose on optimistic economic signals. GM outlined how it would implement the 2.5 percent average price rise, with specific increases for Chevrolet models.
MENTIONED IN THIS ARTICLE
Mike Shanahan
Washington
The
Price Commission
Commission
C. Jackson Grayson
Nixon
Grayson
Old Ben Coal Co
Standard Oil of Ohio
Old Ben
United Mine Workers
Carl E. Bagge
National Coal Association
Dollar devaluation poses limited impact on average American
New York AP report notes a Rome meeting of Group of Ten finance officials on dollar devaluation. U S resistance remains, with talks set for December in Washington. Economists say even if devaluation occurs, it would not significantly affect individual Americans' wallets.
MENTIONED IN THIS ARTICLE
New York
Rome
Group of Ten
Washington
United States
5 Day Forecast Shows Cooler Weekend and Warmer Start
The forecast calls for light rain or snow north on Saturday with warmer conditions Saturday and Sunday and a colder Monday. Highs are expected in the 30s to low 40s Saturday and Sunday, around 30 Monday, with Saturday and Sunday lows near 22 and Monday in the mid teens. A separate economist discusses how devaluation could affect jobs and U.S. goods' competitiveness.
Reward offered after stabbing at Senate hearing clash
The Minnesota Nursing Home Association posted a $500 reward for information leading to the arrest and conviction of a man who tried to stab a witness during a U.S. Senate hearing in St. Paul. Daniel Henry of Minneapolis reported a knife attack at his apartment but escaped with a shirt cut and a minor chest wound. Henry defended his action when attacked, and Sen. Frank Moss asked FBI Director Hoover for assistance as the FBI investigates.
MENTIONED IN THIS ARTICLE
Minneapolis, Minn
Minnesota Nursing Home Association
U.S. Senate
St. Paul
Daniel Henry
Minneapolis
Henry
Frank Moss
Utah
FBI
J. Edgar Hoover
Minnesota maps I 94 bypass route around St. Cloud
The Minnesota Highway Department proposed a south and west bypass of St. Cloud for I 94 from east of St. John’s University campus in Collegeville to north of St. Augusta. The decision centers on whether to go through St. Augusta or west of the village. The plan seeks 9 percent federal funds with contracts due by mid-1975 and ties to the Minneapolis St. Paul corridor and other highways.
MENTIONED IN THIS ARTICLE
ST. Paul, Minn
Minnesota Highway Department
St. Cloud
St. John's University
Collegeville
St. Augusta
Federal Highway Administration
St. John’s
U.S. 52
Bush Foundation Grants 261000 to Minnesota Radio Network
Grants totaling 261000 were approved by the Bush Foundation on Tuesday. One grant of 110000 goes to Minnesota Educational Radio Inc, a network of three noncommercial FM stations in the state.
MENTIONED IN THIS ARTICLE
ST. Paul, Minn
The
Bush Foundation
Minnesota Educational Radio, Inc
McGovern campaign rejects hate talk in Minnesota push
McGovern aide Forrest Harris says the Minnesota effort will be positive as delegates are sought. No plans for a stop-Humphrey coalition. caucuses Feb. 22 begin the delegate process. McGovern has visited Minnesota repeatedly amid wider Democratic jockeying for the nomination.
MENTIONED IN THIS ARTICLE
Minneapolis, Minn
George S. McGovern
Minnesota
South Dakota
Humphrey
McGovern
Washington, D.C
Agriculture
Earl Butz
Forrest Harris
DFL
Cochairman
Harris
Hubert H. Humphrey
Jefferson Forum
Eugene J. McCarthy
Coleman defends vote against tax bill in Minnesota
Senate Minority Leader Nicholas Coleman defends his work on two tax-incentive measures for iron ore and taconite firms in 1971 Minnesota Legislature while noting a preference to draft a bill offering tax credits to companies that smelt materials in Minnesota. He voted against the bills because they aimed to encourage a new steel-making facility in Duluth.
MENTIONED IN THIS ARTICLE
Duluth, Minn
Senate
Nicholas Coleman
Minnesota
St. Paul
Dfler
Duluth
McLellan Named Deputy Director of Mediation Services
Larkin M. McLellan, 60, of Minneapolis, was appointed deputy director of state mediation services on Tuesday. He has served as a state mediator for several years and was chosen by Vern E. Buck, director of the Bureau of Mediation Services.
MENTIONED IN THIS ARTICLE
ST. Paul, Minn
Larkin M. McLellan
McLellan
Minneapolis
Vern E. Buck
Bureau of Mediation Services
Ladybugs Hibernate Through Winter Not Die At Season End
The article explains that ladybugs do not die off at season end as many insects do, but instead enter a hibernation period to survive the winter.
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