Expert Warns Troubled Nations
Basel AP expert Jelle Zijlstra chair of the Bank for International Settlements warns inflation in the United States and other industrialized nations could worsen. He notes wage and price pressures have outpaced government and central bank control with eight to ten percent annual price rises and six to ten percent wage increases, and cites farm and raw material costs as contributing factors. The BIS 43rd annual report, signed by Rene Larre and Milton Gilbert, also reflects on dollar devaluation and unexpected shifts in U.S. trade and investment outflows.
MENTIONED IN THIS ARTICLE
Basel
Switzerland
Jelle Zijlstra
Bank For International Settlements
U.S
United States
West Germany
Italy
Rene Larre
French Finance Ministry
Milton Gilbert
Price Freeze One Of Many In The World
Washington AP The 60 day price freeze and other economic actions by President Nixon place the United States among many nations in a global meat price scramble. A Foreign Agricultural Service report notes Canada lifted duties on beef veal and pork while Mexico and Central America paused beef exports. It cites New Zealand subsidies, Japan beef imports rise, Brazil export tax, and EC duty cuts as factors shaping world meat supplies amid rising demand and a need for larger crops to boost livestock output. Denmark and Spain are cited as examples of import effort and limited supply, reflecting broader meat shortages overseas.
MENTIONED IN THIS ARTICLE
Washington
Nixon
United States
Foreign Agricultural Service
U.S
New Zealand
dJapan
Brazil
European Economic Community
Common Market
Agriculture Department
Denmark
Australia
Scandinavia
Spain
Nikita Khrushchev
Iowa
Roswell Garst
Trapped in Midget Sub As Air Runs Low Off Florida
Four men in a civilian research midget submarine remain inside a scuttled World War II destroyer off Key West as Navy divers race to rescue before oxygen runs out. The crew includes Clayton Link, Archibald Menzies, Robert Meek, and Albert Stover.
MENTIONED IN THIS ARTICLE
Key West
Fla
Atlantic
Navy
John Maurer
Maurer
Cmdr
R. H. Brisbing
San Diego
Calif
Fred T. Berry
Smithsonian Institution
Washington, D.C
Clayton Link
Edwin A. Link
Archibald ‘Jock’ Menzies
Scotland
Robert Meek
Santa Barbara
Albert Stover
West Palm Beach
Mini
Buy American buys Europe as bids surge in U S
European buyers especially British financiers push through major deals in the United States as dollar devaluations raise foreign purchasing power. Lloyds Bank seeks 99.5 percent of First Western Bank and Trust, Brown and Williamson targets Gimbel Brothers, and Zapata sues for half of its offshore fleet stake. Regulatory hurdles loom, but states lure foreign plant construction to boost investment.
MENTIONED IN THIS ARTICLE
United States
London
Lloyds Bank of London
First Western Bank and Trust of
California
World Airways
Brown and Williamson
British and American Tobacco
Gimbel Brothers Inc
Zapata Corp
Peninsula and Oriental Navigation
Britain
American Zapata Corp
Barclay's Bank of Britain
New York State Banking Authority
Long Island Trust Co
Service Bonus Flops In May Enlistment Test
Washington AP reports May enlistments for Army and Marine ground combat jobs fell well short of targets. Total combat and non combat Army posts reached 5,147, about 3,000 below goal. Navy 4,100, short about 400. Air Force 6,359, beating its goal by 330. Marine Corps total 3,300, beating its objective by about 100. Bonu s tests up to 2,500 dollars for two months may influence a proposed extension of bonus authority.
MENTIONED IN THIS ARTICLE
Washington
Army
Marine
Pentagon
Defense Chiefs
Congress
Navy
Air Force
Marine Corps
Corps
Brezhnev Visit Recalls Khrushchev Showdowns
The pace and tone of Brezhnev's U.S. trip contrasts with Khrushchev's 1959 visit. Brezhnev will stay largely within Washington and two Camp David and San Clemente retreats with heavy security and no press conferences. Khrushchev drew crowds across multiple cities and sparked diplomatic gaffes during his dozen days touring the United States.
MENTIONED IN THIS ARTICLE
U.S
Khrushchev
Brezhnev
Washington Post
Washington
New York
Los Angeles
San Francisco
Garst Farm
Pittsburgh
Camp David
San Clemente
Disneyland
Kremlin
FTC Challenges Shampoos Over Dandruff Claims
The FTC urged 11 hair care firms including Procter & Gamble and Mennen to prove dandruff prevention and hair softness claims in ads. It seeks tests and ingredient lists to verify advertised benefits and how products deliver them.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
FTC
Procter & Gamble
America
Probate notices for Ethel Poskin and Joseph Strider estate cases
Legal notices in Franklin County Kansas announce petitions for final settlement and probate of wills. The first targets Ethel M Poskin. co executrices Marie Fritts and Maxine Wolgast seek such actions and the court hearing is July 3 1973 in Ottawa. The second concerns Joseph K Strider. Vera F Strider seeks probate of his will dated May 22 1973 and appointment of Elston Decker as executor without bond. defenses due July 11 1973 at 7 pm.
MENTIONED IN THIS ARTICLE
State of
Kansas
Franklin County
Said
Ethel M. Poskin
Ethel M. Young
P. R. Young
Marie Fritts
Maxine Wolgast
Ottawa
Thomas E. Gleason
Alty
Joseph K. Strider
Elston Decker
Wiil
Also Mentioned on This Page
Canada
Mexico
Dominican Republic
Guatemala
Panama
el Salvador
Saga
Mennen Co
The
Gillette
PANDY
Wards Automotive Center
Vera F. Strider
Richard
Skoog
Lodge
Ottawa Lodge No
A.F
A.M
D. Michael Towner
Clarence E. Rea
Sec
Raney Drugs
Isage
East Std
South Poplar
Princeton Street
Williamsburg
Lincoln
Life Health
Dave Davis
W. 10Th Box
Topeka
Hereford
Ottawa Herald
AVON
Jane Sells
Box
Lawrence
General Services
J. W. Taylor
Cathcard
Bennie Stinson
South Main
Missionettes First Assembly of God Church
Albuquerque
New Mexico
L. A. Reeder
U. S. Civil Service
Lincoln Service, Inc
Dept
Broadway
Pekin
Greg Gilroy
Security Officers National Corporation
Kansas State Employment Service
Cedar Lee St. Hale
Marley Company
Marley and
Parker Roads
Olathe
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