Wholesale prices rise sharply in March fueling controls push
Wholesale prices surged 2.2 percent in March marking the second straight monthly gain the latest Labor Department index shows. Farm products and processed foods led the rise, with 4.6 percent gains. overall prices stay up across sectors, intensifying calls for tighter government controls and adding pressure on President Nixon's inflation curb effort.
MENTIONED IN THIS ARTICLE
Nixon
Labor Department
Bureau of Labor Statistics
Democrats
House Banking Committee
Herbert Stein
Council of Economic Advisers
Stein
George Meany
Afl-Cio
America
Meany
Levees Weakened Yet Holding Amid Mississippi Flood
Mississippi and Missouri rivers stabilized offering relief to volunteers while warnings persist. Army Engineers report levees soaked and last week’s crest near St Louis set to reach 40.5 feet. 5 dead and about 4000 displaced in Missouri and Illinois. Damage estimated at 25 million dollars with seven million acres flooded across seven states. Governor Bond authorized 40 000 pounds of emergency food stocks as floodwaters threaten further impact.
MENTIONED IN THIS ARTICLE
ST. Louis, Mo
Mississippi
Missouri
Corps of Army Engineers
Winfield
Civil Defense
St. Charles
Illinois
Army
Louisiana
St. Louis
Weather Bureau
Christopher S. Bond
Cape Girardeau
Floodwall Saves Dubuque in Mississippi River Floods
The Army Corps of Engineers estimates total Mississippi flood losses at about 4.8 million this year while prevention efforts saved 10 million. Dubuque floodwall prevented about 2.5 million in damage and a Clinton earthen levee saved 1 million. The river rose to its third highest level in modern history, with one third of losses in Hannibal area and 1.5 million in unprotected rural zones.
MENTIONED IN THIS ARTICLE
Rock Island, Ill
Army Corps of Engineers
Mississippi River
Paul Soyke
Corps
Dubuque
Clin
Mississippi
Hannibal, Mo
Soyke
Nixon okays Coast Guard call up over flood fears
President Nixon authorized the first peacetime Coast Guard reserve call up due to Mississippi Valley floods. Three units totaling about 143 men are to be deployed with Peoria Illinois and two from St. Louis Missouri.
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Washington
Mississippi Valley
Nixon
Coast Guard
Secretary of Transportation Clause
Brinegar
Peoria
Ill
St. Louis
Meats Boycott Seen With Little Long Term Price Impact
Economists in New York say the week long meat boycott is unlikely to alter beef prices for long. They cite temporary demand shifts, quick return to normal eating habits, and the need for sustained campaigns to influence markets.
MENTIONED IN THIS ARTICLE
NEW York
A. James Miegs
Argus Research Corp
Leif Olsen
First National City Bank of New York
Olsen
United States
Paul Samuelson
Massachusetts Institute of Technology
Robert Johnson
Paine, Webber, Jackson & Curtis
Johnson
Weather outlook partly cloudy with warming trend
Partly cloudy and a little warmer Thursday night and Friday with lows around 35 and highs near 50. Southwesterly winds 15 mph Thursday night shifting to westerly Friday. Saturday remains partly cloudy with a low near 32 and a high near 50.
Backers of Equal Rights Amendment suffer setback in Illinois
Illinois General Assembly setback hits Equal Rights Amendment supporters. The report highlights legislative trouble in Illinois as backers push for the constitutional change amid broader national debates.
MENTIONED IN THIS ARTICLE
Illinois General Assembly
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