White House downspeaks food price freeze talk
Washington and AP report the White House dismissed strong talk of a 30 day food price freeze. Price Commission spokesmen said nothing substantive would be announced at Sunday session described as informal. Agriculture Department data show May market basket groceries cost consumers five dollars more, due to higher farm prices and middlemen cuts, despite April grocery declines.
MENTIONED IN THIS ARTICLE
Washington
White House
Ronald L. Ziegler
Price Commission
Washington Post
Agriculture Department
Union Challenges High Meat Prices
AFL-CIO union official Pat Gorman demanded Earl Butz explain livestock shortages and rising meat costs. He cited market concentration, speculative profits by cattle firms, and warned against wage-cut blame as meat prices climb after May declines.
MENTIONED IN THIS ARTICLE
Washington
Earl Butz
Pat Gorman
Afl-Cio Amalgamated Meat Cutters Union
Butz
Agri-Busi
Baltimore
Gorman
Kennedy Candidacy Speculation Shapes Democratic Talk
Boston AP Former House Speaker John McCormack says Edward Kennedy might accept the Democratic presidential nomination if a convention deadlock forces action. He notes Kennedy’s past deflections but argues a responsible man may rise to the moment, as Lyndon Johnson did in 1960.
MENTIONED IN THIS ARTICLE
Boston
House
John McCormack
Edward Kennedy
McCormack
Kennedy
Pound float pressures dollar in New York markets
British decision to float the pound sent the dollar lower in New York trading Friday but bankers saw limited impact. Experts noted the pound’s fall was modest and unlikely to derail US trade as imports to Britain may rise slightly while global inflation and market dynamics shape the balance of payments.
MENTIONED IN THIS ARTICLE
New York
Franklin R. Saul
the Treasury
Britain
U.S
Ira O. Scott
London
Edward Heath
Nixon
America
United States
Japan
Commonwealth
Britain Plans Pound Float Amid Market Turbulence
Britain informs but does not fully consult partners before floating the pound as a de facto devaluation. Heath faces pressure from inflation and dock strikes amid Commons battles over joining the Common Market. The move distances Britain from the EEC rules and tests market stability and parity levels.
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Dae
Ibankamericard I Sola and
East County Rd
Sherwood Village
Barner
Opo
Odessa
Terenas
Wolron
Hk A
County
Texas
Bureau of Labor Statistics
BLS
Sam Vines
Optometrist
Odessons
Grant
Union
Ted Kennedy
Sen. Kenney
General Electric
Darville Company
Heath
Saul
F.S. Smithers and Co
Monetary Union
Anthony Barber
House of Commons
Treasury
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