Inflation hits high as June prices rise across sectors
UPI reports consumer prices climbed in June with CPI at 147.1 and annual inflation at 11.1 percent. Wholesale inflation stood at 14.5 percent, while GNP-based rate showed 8.8 percent. Real average earnings fell 3.8 percent as prices surged and hours declined.
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Washington
UPI
Labor Department
Jsf
Commerce Department
Edward M. Kennedy
Dmass
Nixon
House
Carl Albert
Congress
Reinecke notes show no talk of ITT antitrust suit
Handwritten notes by California Lt. Gov. Ed Reinecke cited in a perjury case reveal no mention of an antitrust suit against ITT in conversations with former Attorney General John N. Mitchell on June 2 and June 7, 1971. Mitchell and Reinecke deny prior knowledge of the ITT offer before September.
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Washington
UPI
California
Ed Reinecke
Senate Judiciary Committee
ITT
Reinecke
John N. Mitchell
Senate Committee
Richard Davis
Watergate
Joseph J. Connolly
Mitchell
Air Force Academy cadet cleared to graduate after illness
John Dodds, a third year cadet at the Air Force Academy, missed a month for tumor removal and faced discharge. Sen. Gale McGee sponsored him, and the Air Force waived rules, allowing Dodds to return, complete senior year, and graduate with his class.
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AIR Force Academy
Colo
UPI
John Dodds
Academy
Air Force
Congress
Dodds
Gale McGee
D-Wyo
Dodd
Los Angeles Council Bans Nude Bathing on Beaches
The Los Angeles City Council and acting mayor barred nude bathing on city beaches under an urgency provision, effective immediately. The meeting included 400 spectators and featured heated debate between nudity opponents and advocates, with Councilman Cunningham dissenting.
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Los Angeles
UPI
New York Mayor Beame Faces Multimillion Dollar Bookkeeping Errors
An independent audit released shows a $45,059,365 gap between bank and comptroller records as of Dec 31 1973 with $13 million more discrepancies across office records. Goldin, Beame's successor, faults comptroller operations citing unsecured checks and unused blank documents in the investment bureau.
MENTIONED IN THIS ARTICLE
NEW York
UPI
Abraham Beame
City Treasury
Beame
Harrison J. Goldin
Comptroller’s Office
Goldin
Comptroller's Office
Comptroller’s
Bureau of Investments
Aspen's Ski Haven Faces Cocaine Smuggling Ring
Aspen Colorado, famed as a sophisticated ski town, was identified by federal officials as the center of an international cocaine ring. DA Stephen Waters says the transient community fuels the drug problem while DEA regional director John R. Enright reports Operation Snowflake led to 24 arrests in the U.S. and Colombia. About 12.5 pounds of cocaine with a $3 million street value were seized.
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Aspen
Colo
API
Stephen Waters
Waters
John R. Enright
Drug Enforcement Administration
United States
Bogota
Colombia
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