Nixon adviser warns food prices to climb, then ease
Herbert Stein of the President's Council of Economic Advisers warns of continued rapid rises in food and industrial commodity prices for six months, with inflation easing mid next year and possible food price declines by late 1974. He cites supply-demand gaps, wage dynamics, and past price controls as factors. The Steelworkers union signals wage talks for gains amid inflation, while unemployment sits at 4.8 percent in September.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Stein
Labor Department
Federal Reserve
Herbert Stein
President’s Council of Economic Advisers
Israel fronts erupt as mobilization opens on multiple fronts
Fighting flared on the Egyptian and Syrian fronts as Israel ordered a partial reserve mobilization after Yom Kippur fast. Jets clashed near Mt Hermon and the Suez area while Damascus and Cairo radio reports quoted ongoing battles and air fights. Prime Minister Golda Meir's cabinet met in emergency session to grant emergency powers.
MENTIONED IN THIS ARTICLE
Tel Aviv
Israel
Golan Heights
Syria
Damascus
Golda Meir
Moshe Dayan
Democrats Seek Peace Over Convention Quota Fight
Democrats struggle to resolve a split over quotas for women minorities and youth at the 1972 convention. Robert Strauss pressed peace talks after a rancorous reform committee session led by Barbara Mikulski threats of a showdown vote.
MENTIONED IN THIS ARTICLE
Washington
Democrats
Robert Strauss
Reform Commission
Commission
Barbara Mikulski
Strauss
Miss Mikulski
Gary
Ind
Richard Hatcher
Agnew Immunity Question Remains Before Immunity Ruling
U S Solicitor General Bork argued that only the president holds immunity in the Agnew case while lawyers seek to halt the grand jury probe. Friday developments include a two hour meeting among federal prosecutors and Jerome Wolff regarding the investigation.
MENTIONED IN THIS ARTICLE
Agnew
U. S
Robert H. Bork
Jerome Wolff
Engi
Neering
White House
Nixon
Justice Department
Aaron Burr
Thomas Jefferson
Otto Kerner
Illinois
Congress
House
Carl Albert
Two Teens Charged in Boston Killing of 65 Year Old Fisherman
In Boston two youths aged 15 and 16 were arraigned on delinquency by reason of murder and robbery charges for the Thursday killing of Ludivico Louis Barba, 65, a fisherman at a bay near Columbia Point. Police seek others connected to the robbery homicide.
MENTIONED IN THIS ARTICLE
Boston
Ludivico Louis Barba
Columbia Point
Kill A Watt program tried in Northwest
Seattle City Light launched the Kill A Watt campaign to curb electricity use amid record low hydro levels and a 15 billion kilowatt hour regional deficit. Public response includes business signs unplugged and airports dimmed lighting, with 4.2 percent Seattle and 5 percent regional reductions reported.
MENTIONED IN THIS ARTICLE
Northwest
Seattle
Seattle City Light
Simpson Timber Co
Priest beaten by hitchhiker at church in San Bernardino
Rev. Louis Copestake 28, associate pastor at St Anne’s Catholic Church, was left in satisfactory condition after a hitchhiker he befriended struck him with a heavy brass crucifix. An ear was torn and sewed back on. the suspect fled after stealing the priest’s wallet.
MENTIONED IN THIS ARTICLE
San Bernardino
Calif
Louis Copestake
St. Anne’s’ Catholic Church
Heart donor case tests California death definition
A Oakland polisher stands trial for murder in the Sept 10 shooting death of Samuel Allen. Allen’s heart remained beating after brain death and was transplanted to Blaine Wixom, prompting debate if the donor was truly dead. The defense argues the heart beat proves life despite brain inactivity.
MENTIONED IN THIS ARTICLE
Oakland
Calif
United States
Albert W. Melling
Alameda County
California
Stafford P. Buckley
Andrew D. Lyons
Samuel M. Allen
Allen
Cruikshank
Melling
Stock closes at six month high as Dow tops 971
The Dow Jones industrial average closes at 971.25, its highest finish in over six months, rising 15.35 points on 18.82 million shares. Analysts credit a drop in banks reserves and a more accommodating Fed stance, while high rates linger from tight money policy.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Dow
Wall Street
Monte Gordon
The
Dreyfus Corp
Federal Reserve
Middletown Area Weather Forecast Tonight Through Wednesday
Partly cloudy skies and overnight lows in the 50s are forecast for the Middletown area. Sunday brings cloudy skies with a chance of showers and highs in the 70s. The extended outlook shows mild temperatures Monday through Wednesday with a chance of showers Tuesday and highs in the 70s and lows in the 50s.
MENTIONED IN THIS ARTICLE
Middletown
Also Mentioned on This Page
United Steelworkers Union
I. W. Abel
Egypt
Mt. Hermon
Cairo Radio
Zafra
Sukhna
Suez Canal
Parva Radio
Egypts
Beirut
Democrats Press For
Bradly Grace
Reading
John Ford
Ford
Oregon
Tom McCall
Idaho
Utah
Montana
British Columbia
Copestake
Lyons
John Cruikshank
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