Government reports show inflation fighting failing
Three reports from Labor and Commerce departments highlight rising wholesale prices in May, shrinking trade surplus in April, and strong consumer buying plans for cars and homes. Officials warn dock and potential maritime strikes could worsen the balance of payments while advisers claim inflationary psychology is turning.
MENTIONED IN THIS ARTICLE
Washington
UPI
Labor Department
Commerce Department
AT&T Tests Lower Direct Dial Rates in Trial Cities
American Telephone and Telegraph announces a trial of new rate schedules to promote direct dialed long distance calls. Beginning June 29 in Charlotte and nearby communities, daytime first minute drops to 10 cents with a 65 cent cap, while night rates start at 10 cents and cap at 35 cents.
MENTIONED IN THIS ARTICLE
New York
UPI
American Telephone & Telegraph Co
Charlotte
N.C
At&t
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