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Independent in Long Beach, California

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Dec 30, 1976

Page

4

U S expands ban on credit discrimination

Washington reports new federal rules expanding the Equal Credit Opportunity Act. The final regulations prohibit discrimination based on race color age religion or national origin and protect applicants who receive public assistance. They require reasons for credit denial to be written and apply to banks lenders and stores starting March 23.

Washington Uf “li Federal Reserve Neil Butler Congress

Ford to seek restoration of UNESCO funding

President Ford announced on a skiing trip that he will ask Congress to restore American contributions suspended to UNESCO. State Department recommends a total appropriation of 97 million dollars to cover past and current fiscal years, with the proposal likely to appear in next month’s budget. Pro Israel lawmakers push to limit the 90 million figure, aiming to match arrears of about 43 million.

Washington Ford Congress Unesco State Department Vail United States

Air line accused of gifts to dignitaries and political sums

The Flying Tiger Line and six officers face Civil Aeronautics Board action for improper gifts to foreign dignitaries and political contributions in California. The complaint cites $10,114 in free air transport to Senator John V. Tunney in 1970 71 and $10,700 in contributions from May 1970 through March 1975 to Rep. Charles Wilson and Mayor Thomas Bradley among others.

Washington Flying Tiger Line California Civil Aeronautics. Board Bureau of Enforcement Los Angeles

Coffee boycott seen ineffective in reducing world prices

London brokers say a lasting two month cut in U S coffee consumption would be required to press prices down. they warn of stockpiled coffee in the pipeline and caution that brokers speculate middlemen hold supplies. The note follows Elinor Guggenheimer urging a U S decline in instant coffee demand amid Brazil frost damage driving price spikes.

London Elinor Guggenheimer New York City United States U.S Brazil

Saudi oil minister cites political fears behind price aims

Sheik Ahmed Zaki Yamani, in Der Spiegel, says Saudi Arabia seeks to keep oil prices low due to fears of Communist takeovers in France and Italy and a new recession in the West. Saudi Arabia and the UAE refused to join OPEC’s Dec Doha decision to raise prices 10 percent Jan 1 and 5 percent more in July.

Bonn West Germany France Italy West Saudi Arabia Sheik Ahmed Zaki Yamani The der Spiegel United Arab Emirates Organization of Petroleum Exporting Countries Doha Qatar

Meat supplies seen plentiful but prices may set records

AMI forecast a plentiful 1977 meat supply with prices possibly reaching supermarket record levels. Beef prices are expected to average about 10 cents higher per pound next year, while the Agriculture Department had warned earlier of a gradual rise. Pork prices fell for the fourth consecutive month as ranchers cut back herds to lift prices. Meatpackers estimate beef per person in 1977 at about 123 pounds versus 128.5 this year.

Janet Hart Board Division of Consumer Affairs Washington American Meat Institute AMI Agriculture Department

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