Gasoline Price Ceiling Takes Effect At Midnight
The Supreme Court declined to halt Phase IV gasoline price ceilings set to go into effect at midnight, forcing stations to roll back prices by 1 2 or 3 cents and post ceilling and octane stickers. Exxon raised wholesale prices by 1 cent, to be absorbed by dealers, prompting protests from the National Congress of Petroleum Retailers and calls to close stations.
MENTIONED IN THIS ARTICLE
Washington Post
Washington — Supreme Court
Warren E. Burger
Burger
Exxon
Arco
Charles Binsted
National Congress of Petroleum Retailers
Binsted
Wisconsin Stations Plan 3 Day Shut Down Over Phase 4 Rules
Wisconsin service stations will close for three days starting Saturday to protest Phase 4 price regulations. About 10 percent of dealers belong to the association, with many in Milwaukee Madison and nearby areas. The plan follows a Supreme Court decision allowing the controls. Dealers urge a price freeze while AAA says gasoline should remain available if motorists top off tanks before the shutdown.
MENTIONED IN THIS ARTICLE
Associated Press
Wisconsin
Retail Gasoline Dealers Association of
Gasoline Dealers Association
Arthur Johnson
Milwaukee
Kenosha
Eau Claire
Madison
Neenah-Menasha
Gunmen Free Four Crewmembers From Kuwaiti Jet
Palestinian gunmen seeking Abu Daoud's release freed four crewmen from a Kuwaiti airliner and still held six Arabs. They circled Riyadh after taking off from Kuwait, threatening to drop captives and blow up the plane if demands were not met within 12 hours.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Kuwait
Riyadh
Abu Daoud
Persian Gulf
Paris
Sheikh Saad
Kuwait Airlines
Hussein
Jordan
See
Wholesale prices rise sharply led by farm products in August
Prices of farm products climbed a record 23.1 percent at the wholesale level in August as the Labor Department reported an overall wholesale price increase of 5.8 percent unadjusted and 6.2 percent seasonally adjusted. The surge reflects sharp inflation pressures with August marking one of the highest rates in recent memory.
MENTIONED IN THIS ARTICLE
R. Glengory Nokes
Associated Press
Washington (Ap
Labor Department
New Town of Shelby Chairman Appointed
Myron Gabrielson was appointed town chairman of Shelby by the board after the death of Ralph Lee. He previously served as town assessor 1958–1968 and has been on the town board since October 1972, elected to a two year term last spring. Keith Kuehn will join the board as supervisor, replacing Gabrielson on the supervisor seat.
MENTIONED IN THIS ARTICLE
Shelby
Myron Gabrielson
Ralph Lee
Gabrielson
Keith Kuehn
Viroqua
Hackner, Schroeder and Associates
First Federal Savings and Loan Association
Corzette DeWitt
Ontario
Wis
Kuehn
Hillcrest Drive
Dorothy Dedo
Dairyland Power Cooperative
Regents Question Objectivity During UW Cuts Debate
A 45 minute Madison discussion questioned the objectivity of the Board of Regents amid proposed UW graduate program cuts. Regent Mary Williams urged a reconsideration, but the motion was ruled out of order. An 8 8 tie left the ruling standing as hearings were set to review campus missions. James Brough was confirmed as La Crosse airport manager at 14500 annual pay starting Sept 19.
MENTIONED IN THIS ARTICLE
John Lavine
University of Wisconsin
Frank Pelisek
Williams
Regent Action
Ody Fish
la Crosse
James Brough
Indianapolis Ind
Weir Cook
Brough
James Cote
100 Nations to Attend Tokyo Trade Talks
About 100 nations will convene in Tokyo for an 11 part declaration launching two years of GATT backed talks. The Tokyo Declaration outlines broad negotiating topics including tariffs non tariff barriers and developing country concerns. The plan carries risks of failure amid mixed optimism and political friction.
MENTIONED IN THIS ARTICLE
Tokyo
Don Oberdorfer
Washington Post
Geneva
International Monetary Fund
Nixon
Congress
U.S
Secretary of the Treasury
George P. Schultz
William Eberle
United States
France
U.S.A
Japan
Weekend Weather Outlook For Fair and Cool Conditions
Fair and cool Friday night with a low near 50. Increasing cloudiness on Saturday with a mid 70s high and light southeast winds. Showers possible Sunday with mild temperatures and a Sunday morning near 50.
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Sheikh Saad Abdullah el Salem
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George P. Shultz
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