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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Sep 26, 1973

Page

2

Market basket costs rise steeply amid price lift

An Agriculture Department market basket report shows the annual cost for U.S. farm food rises 24.8 percent from August 1972, with a weekly cost of 31.79 dollars. Beef and pork prices hit record highs after price ceilings were lifted, while farm prices show early declines in September.

Nixon Agriculture Department Earl L. Buta Butz

Congress warned to curb federal spending

A Nixon administration official told a New York business group Congress must restrain federal spending to curb inflation. Roy L. Ash warned that current bills could push the deficit to $6 billion for the year starting July, while stressing cooperation between Congress and the White House to avoid tax hikes or defense cuts. Forecasters projected inflation around 4 to 7 percent next year, with consumer prices rising 7.6 percent so far this year.

New York Congress United States Nixon Administration Roy L. Ash Office of Management and Budget Executive Branch

Standard oil raises retail gasoline prices in California

SAN FRANCISCO. Standard Oil Co. of California disclosed it raised the price of retail gasoline at company owned stations by six tenths of a cent per gallon over the weekend. A spokesman said the boost followed Phase 4 guidelines. The IRS noted many complaints but Standard argued the interpretation may be correct. The firm also raised wholesale prices to independent Chevron dealers by eight tenths of a cent, with Phase 4 restricting pass through to consumers. A four day station shutdown by independents left 71 percent of Northern California stations closed, while Standard stations stayed open and thousands of motorists jammed stations as the boycott spread, per the California Automobile Association.

San Francisco UPD Standard Oil Co. of California IRS Standard Chevron

Census reshuffles large metro populations in 1972

The Census Bureau reports New York City remains the largest metro, with 9,044,000 people in 1972. Chicago grows to 7,085,000, overtaking Los Angeles Long Beach, which falls to 7,000,000. Philadelphia and Detroit follow as fourth and fifth largest.

Washington Chicago Los Angeles-Long Beach Census Bureau New York City Los Angeles Philadelphia Detroit

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