Cost of living climbs in July 1974 CPI
The government's July 1974 Consumer Price Index rose eight tenths of a percent, marking a rare sub one percent monthly increase this year. Annual inflation stands at 9.6 percent, with July prices 11.8 percent higher than July 1973, the largest 12 month jump since 1947. Higher interest costs for home buyers and pricier cars medical care and restaurant meals drove the rise. Regular gasoline averaged 55.8 cents a gallon.
MENTIONED IN THIS ARTICLE
Washington
Food price rises lift Cincinnati and Cleveland indexes
The Bureau of Labor Statistics reports July price hikes for cereals and bakery items raising the Cincinnati food index 14 percent and Cleveland 12.1 percent from a year earlier. Cincinnati shoppers paid 11.40 for July's market basket, up from 10 a year earlier. Cleveland paid 11.21 for a basket that cost 10 in July 1973.
MENTIONED IN THIS ARTICLE
Chicago, Ill
Cincinnati
Cleveland
Bureau of Labor Statistics
Cyprus Talks Possible as Ecevit Seeks Restart
Turkish Premier Bulent Ecevit said Turkey is open to reasonable changes on the Cyprus demarcation line and optimistic talks can begin. He met 45 minutes with British Ambassador Horace Philips in Ankara and said Britain is contacting all parties, including Greece and Greek Cypriots, for immediate negotiations. Ecevit offered to meet Greek Premier Constantine Caramanlis anywhere, anytime, and warned that chaos will reign until final status is settled. Dean Brown named ambassador to Cyprus replacement for Rodger Davies, with U.S. policy unchanged.
MENTIONED IN THIS ARTICLE
Associated Press
Bulent Ecevit
Turkey
Cyprus
Horace Philips
Ankara
Britain
Ecevit
Constantine Caramanlis
Greece
Makarios
Lefka
Famagusta
United Nations
U.N
Glafeos Clerides
Rauf Denktash
Clerides
United Nations Command
Nicosia
Akrotiri
U.S
Rodger Davies
Beirut
Pension reform bill heads for early enactment
The House passed the compromise pension measure Tuesday with two dissenting votes. Senator Harrison A. Williams Jr. said he saw no opposition as a Senate vote was set for today. Republicans expect President Ford to sign promptly.
MENTIONED IN THIS ARTICLE
Washington
Senate
Harrison A. Williams Jr
D-N.j
Ford
Miners call for safety chief's ouster amid protests
The United Mine Workers lead 1,000 miners in Washington to demand federal mine safety administrator James M. Day resign. Rallies and memorial services are planned in Alabama Illinois and Colorado as part of a weeklong stoppage honoring more than 100 000 miners who died this century.
MENTIONED IN THIS ARTICLE
Associated Press
United Mine Workers Union
James M. Day
Richard S. Schweiker
Pennsylvania
Ford
UMW
Arnold Miller
Washington
Day
Birmingham
Ala
West Frankfort
Ill
Ludlow
Colo
Miller
Middletown Area Weather Forecast Outlook
Clear skies and low near 70 tonight in Middletown. Thursday will see partly cloudy skies and a high near 90. Forecast extends to a chance of showers Friday and Saturday with fair skies Sunday.
MENTIONED IN THIS ARTICLE
Middletown
Sugar refiners post record profits as sugar prices soar
Sugar refiners report sharply higher profits amid a global scramble for scarce sugar. Amstar Corp. posted a 110 percent jump to 31.4 million for the year ending June 30, with fourth quarter at 15.2 million. Sucrest and Holly Sugar also show rising earnings as raw sugar costs climb from 12 to over 32 cents per pound.
MENTIONED IN THIS ARTICLE
New York
Amstar
Holly Sugar Corp
Holly Sugar
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