Prices to rise as Phase IV allows increases
United Press International reports that 68 large corporations including GM U.S. Steel and Kaiser Steel plan price hikes under Phase IV with 30 day lead time. Steel and raw material costs push consumer prices for food and appliances higher, signaling broader inflationary pressure this year.
MENTIONED IN THIS ARTICLE
United Press International
U.S. Steel
Cost of Living Council
CLC
Westinghouse Electric
General Motors
Kaiser Steel Corp
Kaiser
Bethlehem
Legislature Approves One Cent Sales Tax Rollback
A six member joint committee approves a temporary one cent cut to the six percent state sales tax starting Oct 1 for six months. Surplus $385 million funds income tax rebates next spring, with relief scaled by income levels. The measure heads to both legislative houses for ratification.
MENTIONED IN THIS ARTICLE
Senate
Robert Lagomarsino
Assembly
Gov
Reagan
Plan committee to meet tonight in Lompoc
The Fourth Supervisorial District Advisory Committee for the General Plan will meet at 7 p.m. in the Lompoc Justice Court to reassess July County Planning Commission recommendations. Topics include residential zoning around Vandenberg Village and areas north of Onstott estates west of Rucker Road. Chairman Hugh D. Young will raise other zoning questions.
MENTIONED IN THIS ARTICLE
Lompoc
County Planning Commission
Vandenberg Village
Board of Supervisors
Onstott Estates
Rucker Road
Hugh D. Young
Lompoc Justice Court
Glimpses Gene Huseman Loss of Porsche to Auto Thief
Gene Huseman expresses sadness after the loss of his Porsche seized by an auto thief. The incident highlights property theft and the impact on the actor known for film work.
MENTIONED IN THIS ARTICLE
Gene Huseman
Coastal Fog Ignores Inland Areas Into Friday
Weather forecast notes low clouds and fog along the coast extending inland at night and mornings through Friday. Today's highs reach the low 60s near the coast and around 70 inland, with overnight lows in the 50s. A northwest wind up to 20 mph. Friday tides show high tides of 5.0 and 5.1 feet and low tides of 0.7 and 1.4 feet at specified times.
Israeli guards free hijacked plane without a shot
Israeli security forces freed 119 passengers from a Middle East Airways Boeing 707 hijacked over Cyprus and landed at Lod without firing a shot. The hijacker, about 25, brandished pistols, was questioned. no injuries were reported. Some sources claimed the hijackers were Israeli agents.
MENTIONED IN THIS ARTICLE
Tel Aviv
UPI
Middle East Airways
Lod International
Lebanon
Cyprus
Libya
Armed Forces
David Elazar
Sabena
Lod
Nixon defends innocence as he calls for courts over Senate Watergate probes
President Nixon offered a televised Oval Office address insisting on his innocence and urging an end to Senate Watergate hearings. He suggested turning the case to the courts, rejected specific charges, and attacked investigators as politically motivated while denying prior knowledge of the cover up.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
Senate
Oval Office
America
Senate Committee
John W. Dean III
White House
Dean
Decker Faces More Charges After Shooting Incident
Former radio DJ Lawrence A. Decker remained listed in fair condition after a deputy’s gun discharged during a struggle over a rifle at Miguelito Canyon Road. Investigators plan assault with a deadly weapon charges and about 20 felony morals counts while arraignment is postponed pending his recovery. Decker had worked at a local station before leaving three weeks ago.
MENTIONED IN THIS ARTICLE
Lawrence A. Decker
Sheriff’s
Decker
Sheriff's Service
Miguelito Canyon Road
Sheriff's
William Baker
Lompoc
Stan Otremba
Santa Ana
Senators urge resuming bombing of Cambodia
Four pro government senators urged U S Senate leader Mansfield to restart bombing Cambodia and continue until December. They argued the halt weakened the Cambodian regime, aided Khmer Rouge and Communists, and jeopardized South Vietnam and Thailand.
MENTIONED IN THIS ARTICLE
Saigon
UPI
U.S
Senate
Mike Mansfield
D-Mont
United States
Cambodia
Vietnam
America
Kontum
Rouge
Mansfield
South Vietnam
Thailand
U S Posts First Surplus in Four Years on Balance of Payments
The Commerce Department reports a $463 million quarterly balance of payments surplus for Q2, the first since late 1969, as foreign currency inflows exceed outflows by about $11 billion. Officials caution against overinterpreting the seasonally adjusted gain, noting a narrowed trade deficit and factors from Europe’s rate shift and Japanese dollar sales.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Commerce Department
Europe
Department
Bureau of Economic Analysis
Cambodian Forces Reoccupy Kompong Kantuot South of Phnom Penh
Government troops aided by Cambodian air force propeller bombers recaptured Kompong Kantuot, 14 miles south of Phnom Penh, after rebels briefly held the town. At least 12 government soldiers were killed and 18 wounded as fighting around the capital subsided to low levels.
MENTIONED IN THIS ARTICLE
Phnom Penh
UPI
U.S
Cambodia
Defense Department
Kompong Kantuot
Prek Thaot
Am Rong
Also Mentioned on This Page
New York
Beirut
Courts
Grefce
Highway 1
Superior Court
Marion A. Smith
Los Angeles
Haskell Co
Baker
Santa Barbara County General Hospital
Congress
Indochina
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