Gas firms gain cushion via volume variation adjustment
North Carolina's three major natural gas distributors will gain a new cushion called the volume variation adjustment to cover winter shortages. It lets them raise rates when shortages occur, potentially adding millions in revenue. The measure, approved by the State Utilities Commission, spreads fixed costs over expected reduced volumes and could raise bills about 9 percent for the average residential user this winter.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
State Utilities Commission
Department of Justice
I. Beverly Lake
Commission
Marvin RK. Wooten
P. Lee Hatcher
Piedmont
Hatcher
Labor Department Promotes Image as Job Service
The Labor Department announced a three year campaign costing about 3 million to reshape the Employment Service image from unemployment checks to a job finding agency. It aims to boost job openings with employers, improve efficiency, and highlight the state job banks in 43 states, amid calls to modernize and protect user privacy.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
U.S. Employment Service
William B. Lewis
Iit
Lewis
Senate Tackles Antibusing Fight Over Desegregation
In Washington the Senate debates desegregation and antibusing amendments to a 36.2 billion HEW Labor funding bill. Sen. Byrd introduces a new proposal to stop HEW from using funding threats to push busing while Biden’s amendment seeks to limit HEW authority, with civil rights groups worried the measures might undermine civil rights act provisions.
MENTIONED IN THIS ARTICLE
Washington
Senate
Health, Education and Welfare Department
HEW
Labor
Robert C. Byrd
West Virginia
Byrd
Joseph R. Biden
D-Del
Biden
Mideast War Halt Progress Amid Promises and Fire Usages
The report notes Egypt’s alleged secret promise to allow Israeli bound cargo through the canal in a 1974 disengagement pact. Israel says it will not sign withdrawal pact until prior terms are met. In Lebanon a cease fire ends fierce Friday Saturday exchanges. firefighters control blazes aided by 50 Syrian trucks from Damascus. Downtown Beirut suffers extensive damage as mortars and rockets leave casualties.
MENTIONED IN THIS ARTICLE
Egypt
Damascus
dAn
Abi Nathan
Port Said
Suez Canal
Tel Aviv
Burger King
Nathan
Cairo
Ismail Fahmy
United States
Israel
Mideast
Yasir Arafat
Palestine Liberation Organization
Arafat
U.S
Sinai
Hearst Case Ties Hearst to SLA Across Bay Area
FBI Director Kelley described discovered fingerprints of Miss Yoshimura linking to Miss Hearst as agents traced a trail from a Pennsylvania farmhouse. Yoshimura, facing weapons and explosives charges from a 1972 indictment, was held in Alameda County Jail on 250000 bail. Authorities connected the case to Kathy Soliah and slain SLA member Angela Atwood, with reports of explosives, an unexploded bomb, and a Sacramento bank robbery lead cited by sources from The Examiner and Los Angeles Times. Extra jail security and frisking accompanied the ongoing probe into the SLA network amid crank calls claiming the group’s survival.
MENTIONED IN THIS ARTICLE
Hunt
CIA
Florida
Anderson
Richard M. Nixon
Pakistan
India
India-Pakistan
Post
Watergate
G. Gordon Liddy
Liddy
Senate Watergate Committee
Nixon
Jeb Stuart Magruder
Magruder
Miss Yoshimura
FBI
Miss Hearst
Clarence Kelley
Associated Press
Alameda County
Bay
San Francisco
Kathy Soliah
SLA
Angela Atwood
Harrises
Examiner
Sacramento
Los Angeles Times
Soliah Sisters
San Mateo County
John McDonald
Hibernia Bank
Los Angeles County
South Africa Devalues Currency Despite Mines
South Africa, the world’s top gold producer, slashed the Rand by 17.9 percent to bolster the balance of payments as gold prices tumbled. The drop leaves the Rand at about 1.15 per dollar, reducing four month losses to 22.6 percent, with officials warning of inflation but aiming to curb speculation and protect exports.
MENTIONED IN THIS ARTICLE
Pretoria
South Africa
Jung
Soviet Union
O.P.F. Horwood
International Monetary Fund
Horwood
Oil price controls eyed for gradual decontrol plan
Zarb said the administration would push gradual oil price decontrol over about 38 months. If controls stay off, consumer prices could rise about six cents a gallon across petroleum products. Ford offered to drop the $2 crude oil import fee if decontrol remains, but not if controls return.
MENTIONED IN THIS ARTICLE
Wooten
Ras
Zarh
Ford
Zarb
Congress
Zark
Dollar Recovery Fueled by Market Demand and Inflation Outlook
Fed official Coombs notes the dollar sank from January 1974 highs, losing up to 17 percent amid falling rates, Watergate uncertainty, and inflation fears. A late 1974 recession hinted at more cuts, then a spring recovery sparked by renewed buying on international markets as U S trade and inflation conditions improved relative to other nations.
MENTIONED IN THIS ARTICLE
Fed
Coombs
Watergate
U.S
Also Mentioned on This Page
Big George
Virgil Partch
State
Piedmont Natural Gas Co
Wante Ige
Page One Uies
Stanford Law School
Deal
California
Monterey
Stanford
Life Underwriters
Disneyland
Anaheim
Pord
Cypress Point
Jack Westland
Leonard K. Firestone
Belgium
National Weat
NOAA
Merce
Flurcias
Upper Great Lakes Region
Gulf Coast States
Texas
New Mexico
Beirut
Hearst
Charles Bates
Bates
Pan American Word Airways
First National City Bank of
New York
Center of Trade and Finance
Lebanon
Foreign Ministry
Pagene
Dollar
Holiday Travel Service of
Danville
Gary D. Beyer
Transcendental
Tanatoy
J. W. Squirf Armory
North Main Street
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