Rent Controls Delay January Increase for Some Tenants
Washington officials announced new federal rent control rules delaying average January rent hikes for month to month tenants, allowing only a 2.5 percent annual rise with justification. The regulations cover existing housing, while new or exempt properties face different rules. Tenants must receive 30 days notice and may demand cost justifications before paying higher rents.
MENTIONED IN THIS ARTICLE
Washington
UPJ
Price Commission
C. Jackson Grayson
Grayson
Price Commission extends deadline for price posting compliance
The Price Commission told retailers with price posting violations to comply by Monday with Phase II rules. IRS will check whether stores posting Aug 15 to Nov 13 prices for food and other items. If they attempted compliance but erred, they may get until Jan 17 to conform.
MENTIONED IN THIS ARTICLE
Washington
The
Price Commission
Commission
Internal Revenue Service
TRS
IRS
Producers granted price hikes by board
Washington producers of machinery food and newsprint were among the concerns approved Thursday by the Price Commission. The action raised total approved increases to 382 with 11 denials. Massey Ferguson Inc. won a 48.2 percent hike for machinery and vehicles, Arizona Inc. Ffeiffer's Foods received 5.2 percent for salad dressing, Crown Zellerbach Corp. 6.16 percent for newsprint, and Beatrice Foods Co. 2 percent for domestic products.
MENTIONED IN THIS ARTICLE
Washington
The
Price Commission
Massey-Ferguson, Inc
Arizona Inc
Ffeiffer's Foods Inc
Crown Zellerbach Corp
Beatrice Foods Co
Nixon economic chief McCracken to leave post
Washington The outgoing chairman of President Nixon's Council of Economic Advisers Paul W. McCracken said Phase 2 wage and price controls will continue beyond the 1972 election with some form of government oversight for a long time. He returns to the University of Michigan after three years in the administration and urged a market compatible Phase 3 that still limits rising costs.
MENTIONED IN THIS ARTICLE
Nixon
Job McCracken
Washington
Oksgoing
Council of Economic Advisers
Paul W. McCracken
University of Michigan
McCracken
Pay Board Jeopardized Says Meany In Letter
AFL-CIO President George Meany warned the Pay Board faces serious danger due to lack of clear procedures and automatic challenges by business members to wage raises over 7 percent. He cited backlog, pending forms, and leadership weaknesses while detailing three wage categories and reporting rules for employers.
MENTIONED IN THIS ARTICLE
Washington
UPI
Afl-Cio
George Meany
Meany
George St. Boldt
Washington State
Internal Revenue Service
Boldt
Bald
Robolt
Internal Revenue Services
Firms cautioned over jumping on ecology wagon
In San Francisco an FTC official warned firms racing to boast environmental benefits must back claims. David Buswell, director of the FTC public information office, said the commission seeks fast action in Congress to curb false eco claims.
MENTIONED IN THIS ARTICLE
San Francisco
UPI
Federal Trade Commission
David Buswell
FTC
Public Information Office
Congress
Muslim shooting linked to rival plot in Richmond
Police tie the attempt on Black Muslim Bobby Nichols in Richmond to a larger plan by rivals to kill four Muslims. Three other Muslims who moved from Chicago to the San Francisco Bay Area were shot dead in recent weeks. Nichols, 20, remains in intensive care after a high velocity bullet hit his chest through a plate glass door. The four men, all Nation of Islam members, had been linked by police to Chicago jewelry business ties.
MENTIONED IN THIS ARTICLE
Richmond
UPI
San Francisco Bay Area
Chicago
Bobby D. Nichols
Nichols
Nation of Islam
Cost Of Raising A Child Reaches 147 Thousand In Study
A federal study for the Commission on Population Growth and the American Future estimates the birth through college cost for a two-child family at 147 154 dollars, with each extra child raising costs by 48 793. It highlights opportunity costs for mothers who stay home, noting earnings foregone vary by education level from 44 121 to 103 023 dollars.
MENTIONED IN THIS ARTICLE
Washington
Jnst
Commission On Population Growth and the
Susan McIntosh
Rllenie N. Reed
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Herbert Stein
Jan. Ll
Price Commission and Pay Board
Meaney
Charlie Bell
Cookie Sale
Kress Brand
Long Beach
Parenthood
Wolf
St, Paul, Minn
Como Park Zoo
Mizzi
Charlie
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