Sugar price outlook rises after federal controls end
New Orleans AP reports FBF president William J. Kuhfuss predicts lower sugar prices barring natural disasters as federal controls are scrapped. Kuhfuss says price should move freely, while Louisiana cane growers warn 제거 uncertainty could curb expansion. Secretary Simon to speak at 56th annual federation meeting.
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New Orleans
American Farm Bureau Federation
William J. Kuhfuss
Mackinaw
Ill
Treasury
William E. Simon
Kuhfuss
Louisiana
James Graugnard
State Farm Bureau Federation
Congress
Ice age study could aid world food predictions
MIT meteorology professor Reginald E. Newell says understanding ice age cycles may forecast long term climate shifts that affect harvests and prices. He notes wheat and soybean prices rose with atmospheric changes linked to past events and suggests beetle movements as clues to past temperatures. He expects forecasting to improve within decades.
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Cambridge, Mass
Massachusetts Institute of Technology
Reginald E. Newell
Newell
Technology Review
MIT Journal of Science
African
Sahel
Soviet Union
Tax cut proposals gain congressional support in Washington
Proposals for a tax cut to revive the economy gain three more supporters including Senate Republican Leader Hugh Scott. Representative John Brademas says tax cuts are a key Democratic aim for the 94th Congress. Henry Reuss advocates a $10 billion cut with a $225 credit or payroll tax relief, and calls for an anti inflation price control agency.
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Washington
Senate
Hugh Scott
Scott
ABC
John Brademas
D-Ind
House
Brademas
NBC
Meet the Press
Henry S. Reuss
D-Wis
Economists’ optimism fades as recession deepens
Economists revise projections as indicators show a deeper, longer recession. Unemployment passes 7 percent in December, factory output falls, loan delinquencies rise, and consumer mood grows somber. Auto production drops 24 percent in 1974 with more declines forecast. Observers shift from calls for spending to saving, hoping for a renewal through restraint.
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New York
Washington
Weyerhaeuser Plants Restart Operations in Arkansas
Weyerhaeuser Co. resumes production today at Mountain Pine, Dierks, DeQueen, and Nashville Arkansas after a two week shutdown to prevent large inventory buildup ahead of 1975. About 1,700 workers were affected with some taking alternate work planting pine seedlings.
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Hot Springs
Ark
Weyerhaeuser Co
Mountain Pine
Dierks, DeQueen
Nashville
Wyerhaeuser
Travel advisories extend after weekend storms across multiple states
Travel warnings remain in effect for northern California Washington and Oregon as heavy rain and snow struck the region. Snow also reached the northern and west central Rockies with six inch accumulations in some mountains. Travel advisories persist for southeast Idaho northern Utah and most of Colorado. Snow mixed with rain troubled travelers in the upper Plains and upper Mississippi Valley. Scattered showers and a few thunderstorms dotted the Florida peninsula while much of the country saw cloudy skies from the mid Atlantic to New England and across the Plains southern Rockies and Southern California.
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Associated Press
California
Washington
Oregon
Rockies
Idaho
Utah
Colorado
Upper Plains
Mississippi Valley
Florida Peninsula
Midatlantic Coast
New England
Ohio Valley
Plains
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Maine
Peru
Reuss
CBS
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Hecla Mining Co
Academis
J.E. Sheppard
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Weyerhaeuser
Lemnos
N. Hervey ST. Hervey Square
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