Steel price increases boost volume sales and worry White House
New price hikes by U S Steel and others raise sheet and strip costs by 8 5 to 13 a ton for large volume orders effective June 16 and July 1. Officials say the boosts are a routine rise to catch up after the 1970 price freeze and may trigger further increases, while the administration signals concern but no rollback action. Bethlehem Steel weighs a steep, long term rise if a major contract with the United Steelworkers yields similar terms.
MENTIONED IN THIS ARTICLE
New York
UPD
ES. Steel Corp
TLS. Steel
Ronald Ziegler
White House
U.S. Steel
Ziegler
U.S
Nixon
Try
United Steelworkers of America
Okun urges tax cuts and higher spending to boost jobs
Democratic economist Arthur Okun told a House Senate Economic Committee subpanel that to drop unemployment below 6 percent before the 1972 election the Nixon administration should tax less and spend more, despite deficits. He backed accelerating a $10 billion stimulus through $5.5 billion extra spending and a $4.5 billion income-tax cut scheduled for 1972 and 1973.
MENTIONED IN THIS ARTICLE
Washington
UPI
Arthur M. Okun
Nixon
Okun
Lyndon B. Johnson
House
Senate Joint Economic Committee
San Clemente
Calif
Nixon wage powers extended for year by House vote
The House approved a one year extension of President Nixon's standby authority to impose price wage and rent controls. Nixon had opposed the grant but his administration dropped opposition and used the framework to appoint boards to moderate wage price inflation in the construction industry.
MENTIONED IN THIS ARTICLE
Washington
House
Nixon
Thority
Ballot Boxes Made From Trash Cans At School Election
In Newberg Oregon the Central Grade School ballots were cast using three 30 gallon trash cans as improvised ballot boxes. The janitor wired them for use and voters submitted their ballots.
MENTIONED IN THIS ARTICLE
Newberg
Ore
Central
Also Mentioned on This Page
Beas
Hike
Dustry
Bethlehem Steel Corp
USW
Maes OR
Tleris
Obr
Pons Vrrdam
Spe Ee P
Steve
Ward
California
Ward's
Pacific Ave
Long Bea
Pacific Coast
Walker's the Friendly Store
Walker
Long Beach
Woodruff
Carson
Lakewond
4Th and Pine
Lnd
Lord Calvert
Calvert Dist
Nvc
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