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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Mar 06, 1973
Page
12
The AP analysis argues inflationary psychology pushes immediate buying, fueling price rises. It notes rising farm and wholesale prices, stockpiling in steel, and auto industry capacity, with potential wage-driven costs and calls for monetary and fiscal restraint or White House price controls to curb the trend.
Chevrolet cars accounted for 180 of 878 new cars registered in February while Chevrolet trucks totaled 65 of 154. Ford trucks followed with 48. Used car totals reached 2,547, up from 2,438 a year earlier, and used trucks 308, up from 239. Other brands included Pontiac 100 and Oldsmobile 82 with multiple makes listed.
The Department of Transportation proposes first national tire performance standards. The NHTSA would require grades for tread wear traction and high speed on 13 14 and 15 inch rims with sidewall moulded and tread labels. Public comment to June 4.
Five Armco Steel Corp officials from Middletown visited Russia for preliminary negotiations on selling know how and licensing an Armco silicon sheet steel plant in the Soviet Union. Donald E. Reichelderfer confirmed the talks, noting they are in early stages and focused on technical services and licensing.
Brussels AP report states the nine Common Market members will close foreign exchange markets all week as talks on the dollar crisis continue. Finance ministers extended the closure and plan further meetings in Brussels Paris and beyond with the United States and Japan invited. The U.S. Treasury said it will cooperate but did not commit to Friday conference participation.
Total Service offers nonstops from Cincinnati to Miami Fort Lauderdale Tampa St Pete and Orlando with fast service to Jacksonville. Night Coaches priced 19 to 21 percent less than Day Tourist fare. Delta accepts major general purpose credit cards for winter travel to Florida. Call 806-982-3900 for reservations.
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