Beef prices to slip briefly then rise on longer cycle
United Press International reports that beef prices may fall about 5 percent in the next 30 days as cattle are sold after the freeze ends. But H W Harrington of the American National Cattlemen's Association warns that long term factors and a six to eight month feeding cycle will lift prices by January.
MENTIONED IN THIS ARTICLE
United Press International
H. W. “Bud” Harrington
The
American National Cattlemen’s Association
St. Louis
Fred Harris
Oklahoma
Harris
Graphic Arts International Union
Senate
Oil industry urges coastal drilling to ease energy shortage
Washington sources report that oil and gas drilling off Alaska and the Atlantic coast could ease an expected energy shortage, a view supported by the administration and echoed by industry spokesmen at a CEQ hearing. Environmentalists warned against overshadowing environmental safeguards. Kenneth Lay and Louis Clapper participated, with critiques of offshore safety enforcement raised. Hearings continue.
MENTIONED IN THIS ARTICLE
Washington
UPS
Alaska
Atlantic
Council On Environmental Quality
CEQ
Kenneth Lay
Interior
Louis S. Clapper
National Wildlife Federation
Swedish king suffers setback in month-long fight for life
King Gustaf VI Adolf of Sweden, hospitalized a month, showed worsened lung function and reduced blood oxygen in a night bulletin. At 90, his condition remains serious after stomach surgery for a gastric ulcer at Sofiero and Helsingborg Hospital. The king has endured prior setbacks, including pneumonia in various U.S. cities, with no next bulletin date given.
MENTIONED IN THIS ARTICLE
Stockholm
UPI
Gustaf VI Adolf
Sweden
Sofiero Summer Palace
Helsingborg Hospital
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Harrington
Chicago
Agriculture Department
Jumséo Cali F
Cru Sai
Boston
Anchorage
New York
Philadelphia
Jacksonville
Fla
Warren Marshall
Shell Oil Co
Council
Alden J. Laborde
Dallas
International Association of Drilling Contractors
White House
Nixon
New England
Pennsylvania
New Jersey
Capitol Hill
Abraham A. Ribicoff
D-Conn
F.D.I.C
China
Member
Federal Deposit Insurance Corporation