Phase 4 to loosen price freeze for food industry
The food industry will gain an early release from the 60 day price freeze with tight controls on cost pass through from wholesalers to retailers. Phase 4, outlined by George P. Shultz and other White House aides, will keep some wage and material cost limits while allowing price increases to recover expenses. President Nixon remains hospitalized with viral pneumonia and will not participate in the announcement.
MENTIONED IN THIS ARTICLE
Ashington
Ing
Nixon
Treasury
George P. Shultz
Bethesda Naval Medical Center
White House
John T. Dunlop
Cost of Living Council
Stage Set For New Program
Washington officials say the 60 day price freeze set the stage for Phase 4 of the anti inflation program and stopped price increases though the outcome is not declared a total success. Officials warn of potential food shortages and supply pressures as costs rise. The council cites 43 plant shutdowns including 23 meat packers and 3,600 firms rolling back prices, with 951 exemption requests filed and most undecided. James W. McLane heads the council.
MENTIONED IN THIS ARTICLE
Washington
Purpose Accomplished
John T. Dunlop
Cost of Living Council
Treasury
George P. Shultz
Council
James W. McLane
Wichita Mountains Refuge probe sparks access debate
Gov David Hall orders an immediate probe into the Bureau of Sport Fisheries and Wildlife plan to phase out recreational uses at the Wichita Mountains Refuge. Protests mount as officials seek to keep swimming camping and picnicking available while lawmakers in Washington are contacted for positions and funding questions.
MENTIONED IN THIS ARTICLE
David Hall
Bureau of Sport Fisheries and Wildlife
Wichita Mountains Wildlife Refuge
Bureau
Hall
Lawton Constitution
Don Davis
Lawton
Washington
Sen
Henry
Scoop) Jackson
Senate Interior and Insular Affairs Committee
Rep
Julia Butler Hansen
D-Wash
House
Lawton Constitution Press
Retired New York Policeman Tells Watergate Panel of Money Relays
A retired New York police officer and secret agent told Senate investigators of a cash drop scheme to relay funds to Watergate defendants. Anthony Ulasewicz described money being placed in a laundry bag and passed through coded exchanges to pay Hunt, Liddy, Kalmbach, and LaRue, with totals reaching about 154 500 dollars. He recounted meetings at the Statler Hilton and coded names Novak and Rivers, noting attempts to move 75 100 dollars initially and ongoing challenges in arranging further payments.
MENTIONED IN THIS ARTICLE
New York
Watergate Panel
Washington
Senate
Anthony T. Ulasewicz
Herbert W. Kalmbach
Nixon
Ulasewicz
Hunt
William C. Bittman
G. Gordon Liddy
Frederick C. LaRue
Kalmbach
Democratic Party
Watergate
Kalm
Minimum Wage Bill Clears Senate Amid Veto Talk
The Senate rejected removing the $2.20 minimum wage bill, backing a Labor and Public Welfare Committee plan to raise the rate from $1.60 within 14 months and lift farm wages to $2.20 over three years, with House approval anticipated.
MENTIONED IN THIS ARTICLE
Washington
Senate Today
Harrison A. Williams Jr
D-N.j
Jacob K. Javits
R-N.y
Peter Dominick
R-Colo
Parking Authority to Negotiate Leasing with Mall Developers
Lawton Parking Authority authorized Col. Ret. Neil Harper to negotiate a parking land lease with Urban Renewal and a mall developer. About 800000 square feet of land worth 1.6 million dollars would be leased, with financing tied to a developer loan and lease payments. Local residents questioned the feasibility of the arrangement at the meeting.
MENTIONED IN THIS ARTICLE
Awton Parking Authority
Neil Harper
LPA
Lawton Urban Renewal Authority
Mark Real Estate Enterprises
Lawtonians
Bill Greb
LURA
Rain Dampens Southwest Oklahoma Region Weather
The region faces cloudy skies with a 20 percent chance of rain through Thursday and a slight chance of storms tonight. Temperatures peak in the low 90s with overnight lows near 80. Tuesday’s high hit 92 and low 73.
MENTIONED IN THIS ARTICLE
Oklahoma
National Weather Service
Prime Lending Rates Rise To 8 1 4 Percent Across Banks
New York banks Chem ical Bank Manufacturers Hanover and Marine Midland Bank along with First Pennsylvania and First National Bank of Boston boosted their prime lending rates to 8 1 4 percent matching the 1969 79 peak. Harris Trust of Chicago also moved to the level, following the First National Bank of Chicago. The change affects large corporate customers and does not immediately alter loans to small businesses or individuals.
MENTIONED IN THIS ARTICLE
New York
Chemical Bank
Manufacturers Hanover
Marine Midland Bank
All of
First Pennsylvania Bank
Philadelphia
First National Bank of Boston
First National Bank of Chicago
Harris Trust & Savings of Chicago
Prisoners Exchange Pact Not Reached, Says Congress
Saigon reports that the Viet Cong denied an accord on restarting prisoner exchanges. A South Vietnamese spokesman said talks failed to reach a pact and that the exchange would resume Monday, aiming to finish by July 28 within a 45 day deadline.
MENTIONED IN THIS ARTICLE
Cong
Saigon
Paris communiqué on prisoner releases amid Viet Cong talks
A joint communique dated June 13 in Paris says no agreement yet on prisoner releases. Viet Cong spokesman cites site locations as main issue while South Vietnamese officials outline releases totaling 4 331 civilians and 38 military personnel across 12 sites. Last releases occurred May 11 as dispute over numbers and sites paused progress.
MENTIONED IN THIS ARTICLE
Paris
Viet Cong
South Vietnam
Israelis Fear New Wave Of Bombings
Police warn Israelis to expect letter bombs and sabotage after renewed Arab guerrilla activity. Five Arabs detained in Haifa after two hand grenades found in movie theaters. a button mine was found at a bus stop. Authorities fear a new wave of letter bombs. two envelopes with crude explosives reached Justice Minister Shimson Shapiro.
MENTIONED IN THIS ARTICLE
Tel Aviv
Haifa
Justice
Yaaqov Shimson Shapiro
Also Mentioned on This Page
Chicago Mercantile Exchange
Harry H. Fortes
Fortes
Chicago
Exchange
Justice Department
Anne Armstrong
Georges
Shultz
Meany
George Meany
Afl-Cio
Jacob Javits
R-N. Y
Congressional Joint Economic Committee
Cameron College
Cora Ann Scott
Pamela McAdoo
Duncan
Cheryl Brown
Temple
Capitol
By Nice
Stuart
E. Howard Hunt
Douglas Caddy
Afghanistan
Labor and Public Welfare Committee
New Delhi
Pakistan Press International
Karachi
Kabul
Mohammed Daud Khan
Mohammed Zahir Shah
Zahir Shah
Rome
Naples
Abdul Ali Shah
Daud
Broth
Pele le
Aes Eae
Dear Abby
Jordan River
Israel
Lebanon
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