Strong Inflation Decline Lifts Wholesale Prices Outlook
The May wholesale price report shows a 0.4 percent rise, the smallest since last August, with food prices dropping 1.3 percent in May. Beef and veal led declines while pork, fruit and eggs fell, offsetting higher energy and nonfood costs. President Carter cautioned against mandatory wage and price controls, calling for inflation restraint without harming employment.
MENTIONED IN THIS ARTICLE
Washington
Carter
United Food and Commercial Workers International Union
Cox
John Early
Labor Department
Senate panel weighs rail deregulation hurting coal industry
Charleston AP The head of the National Coal Association testified on Wednesday that the proposed railroad deregulation could harm coal as rail transportation supplies 65 percent of the industry’s movement. The administration bill would allow rate increases of 7 percent per year for five years and add inflation charges. A key worry is captive mines with only one rail line and the study showing 85 percent of rail coal is captive, complicating market access. In Raleigh County near Mercer County wildlife officials noted a rare bear killed after chasing sheep, found with a collar and transmitter nearby.
MENTIONED IN THIS ARTICLE
Charleston
W.va
Carl Bagge
National Coal Association
Senate Commerce
NCA
Seca Cibesut
Truckers Protest Spreads Across 14 States
Independent truckers blockaded stops and slowed highway traffic in a wildcat action over rising diesel costs. The protest peaked in the West and Midwest with blockades also seen in Connecticut and Florida. Milford police arrested six drivers who slept in front of pumps after parking their rigs. No violence reported.
MENTIONED IN THIS ARTICLE
Associated Press
West
Midwest
Connecticut
Florida
Milford
Conn
Howard Merk
Walp
DC-10 Engine Mountings Probed for Design Flaws
FAA and aviation experts in four cities tested DC-10 engine mounting after the grounding of 138 U S DC-10s. They review certification records from the 1971 build, probe wreckage, and seek clues to whether a basic design defect caused engine mount cracks and the Chicago crash aftermath.
MENTIONED IN THIS ARTICLE
Washington
Federal Aviation Administration
Fred Farrar
FAA
Langhorne M. Bond
U.S
American Airlines
Chicago
McDonnell Douglas Corp
Long Beach
Calif
Bond
West Virginia Weather Through Saturday With Storm Risk
A West Virginia forecast calls for showers or thundershowers likely through Saturday with partly cloudy skies. Highs in the upper 70s to mid 80s, lows in the 60s, and a chance of mainly afternoon or evening storms each day.
Flood Faces Conspiracy Allegations Against Flood and Diggs
The House ethics committee filed 25 counts against Rep. Daniel J. Flood of Pennsylvania charging violations of House rules and authorized public hearings into Rep. Charles Diggs of Michigan for alleged rule violations. Flood faces a retrial on bribery and conspiracy charges, and Diggs faces possible removal proceedings after a prior mail fraud conviction.
MENTIONED IN THIS ARTICLE
Washington
House Ethics Committee
Daniel J. Flood
Charles Diggs
Flood
Pennsylvania
Diggs
Dmich
House
Congress
Gas Situation Improves For Weekend Travel Likely
Americans hitting the road this weekend should find gasoline with limited major problems. Many stations close Saturday night and Sunday, but those open will have ample fuel. Officials say the tight supply is easing a bit, though some areas still face sporadic shortages. Bill Bell, West Virginia Gasoline Dealers Association, cautions weekend will resemble prior ones. Lee Johnson of the federal energy office notes no major disruption expected. Washington DC stations largely plan Sunday closures.
MENTIONED IN THIS ARTICLE
Associated Press
Bill Bell
The
West Virginia Gasoline Dealers Association
Lee Johnson
Federal Energy Office
Seattle
Washington
D.C
Glenn Lashley
Also Mentioned on This Page
Prue Indes
Dept of Labor
Mercer Street
Princeton
Mercer County
Senate
Dave Gilpin
Raleigh County
Gilpin
Paul Fink, Jr
West Virginia
Virginia
Logan
Mingo
Monongalia
Cabell
Secretary of State
United Airlines
United
United States of Europe
Wayne
John Wayne
Ucla Medical Center
New York
Renee Katz
Bellevue Hospital
Bellevue
Midtown Manhattan
Zimbabwe
Rhodesia
Westmoreland Coal Co
Appalachia
Westmoreland
Steve Anderson
Saltville
Smyth County
Stella Keene
Saltville High School
Jim Brickey
Smyth County Sheriff's Department
Woodbridge
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