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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 01, 1974
Page
6
Washington AP reports farm prices rose 9 percent in the month ended January 15, led by wheat and meat animals, pushing the index to 200 percent of the 1967 base and 7 points shy of the August record. Cattle rose to 44.40 per 100 pounds, hogs to 40.10 per hundredweight, with year over year gains.
Senators Sam Ervin and Jesse Helms of North Carolina voted against a bill to create a government corporation to run the legal services program for the poor. The Senate, however, approved the measure by 69 to 17.
The Associated Press reports oil companies, led by Exxon and Texaco, are cutting February gasoline allocations to dealers across the nation due to the Arab oil embargo and a shift to heating oil production. Exxon will supply 78 percent of February 1972 levels, Texaco 77, Union 73, and Shell 85, amid higher current demand. Wayne Mullis, dealer and Charlotte Service Station Association president, says his 22 percent cut still leaves him only 55 percent of needed gasoline as demand rose 23 percent. The piece notes the peace symbol’s origin in semaphore for nuclear disarmament.
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