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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Mar 09, 1973
Page
2
The bulk of producer Richard Halliday's 450000 estate will fund a trust for his widow actress Mary Martn. The will was filed yesterday in Manhattan Surrogate. Halliday, a film and heart–bat producer, died last Saturday aged 67.
A New York photographer offered to shoot Henry Kissinger and Nancy McGinnis on their wedding day. Kissinger replied, I’ll take you up on that, while McGinnis dismissed rumors of marriage as outrageous. The pair have been seen together frequently in social circles surrounding the adviser.
Drummond Island Michigan cafe owner Sharon Weiler vows not to serve meat next week replacing burgers with egg fish and meatless options as a local protest against rising food prices echoes nationwide. Activists press for reduced demand via boycotts and meatless days while groups C include HELP LAMP and local cooperatives push lower costs and alternative protein sourcing.
Franklin Park Illinois United Press International reports that shoppers complain about rising meat costs yet continue buying. Jewel Inc executives say demand drives prices, while farm and processor costs push up the market. analysts urge selective purchasing and substitution. A detailed hind quarter illustrates margins and losses at a retail level.
Washington report shows unemployment rising to 5.1 percent in February from January as teen joblessness climbs. Employment gains of 670000 lift total to 83.0 million, with adult women driving much of the increase while teenagers bear much of the higher unemployment. The Bureau notes the rise is statistically insignificant and marks the first monthly uptick since August. Average work hours and earnings also rose, signaling ongoing economic improvement.
In New York the wholesale price of broilers rose from 27 to 42 cents a pound since January, with retail rates 99 to 159 cents. USDA warns of higher prices in the second quarter amid 7 to 8 percent production declines, tighter supply, and soaring feed costs as brand name processors push costs through.
Washington reports wholesale prices jumped in February, prompting demands from lawmakers for decisive inflation measures. White House officials reiterate opposition to food price controls while warning that mandatory controls could return if prices do not ease. PG&E seeks a 53 million annual rate rise to cover fuel cost increases, tying to Phase II protests. Congress considers extending wage and price controls beyond April, amid AFL-CIO and industry critiques.
New York Up!-Business Work, a prominent business periodical, editorially condemns Phase II wage and price controls as a failure. It argues for terminating Phase III, replacing with a new system, and extending controls to farm prices, criticizing the exemption of agriculture as a major weakness.
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