10 Aug 1978
Page 1
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Newspaper
Portsmouth Herald
Location
Portsmouth, New Hampshire, United States of America
Date
Aug 10, 1978
Page
1
Washington AP reports a 0.3 percent drop in wholesale food prices in July the first decline in 10 months while overall wholesale prices rise 0.5 percent. Poultry costs ease though fruit vegetables fish flour eggs rise. nonfood costs up 0.8 percent.
In Presque Isle Maine three explorers Ben Abruzzo Maxie Anderson and Larry Newman known as Double Eagle Two push toward a Friday takeoff for a 72 hour pre launch alert Weather driven by Hurricane Cora in the South Atlantic guides their route from Merle Spranges pasture south of Presque Isle Officials expect a Friday launch as patterns shift north to favor their heading for the Atlantic crossing A potential delay looms if weather shifts threaten the flight
An abandoned Canadian ore mine off Newfoundland could store a 10 million barrel oil reserve for New England. Federal officials review other regional sites, including a New Bedford granite blast option. A joint US Canada study supports further consideration of the Belle Isle Canadian site.
The dollar firmed modestly versus European currencies while weakening against the Japanese yen as gold prices receded from record highs. In Tokyo the dollar finished at 187.25 yen, down from 187.60, with estimated trade around $412 million, about $100 million below recent levels.
Vatican announces the conclave to elect a new pope will open August 25 at 5 p.m. likely in the Sistine Chapel. The gathering follows the death of Pope Paul VI from a heart attack at Castel Gandolfo.
About 50 protesters in Concord withdrew money at Indian Head Bank of Concord to pressure Public Service Co. of New Hampshire over Seabrook. Bank president Alvah D. Chisholm said the group confused his bank with Indian Head National Bank of Nashua. Bank spokesmen and activists discussed holding company links and stock ownership tied to the Seabrook project.
Federal LNG expert Dr. David Rosenbaum urged Massachusetts officials against locating new gas storage facilities in dense urban zones. He testified to the Energy Facilities Siting Council which proposed strict buffer zones and high dikes, while gas company executives disputed the GAO study Rosenbaum headed.
The Executive Council planned to discuss an ad contract for the New Hampshire Sweepstakes Commission. Legasse Associates Advertising Inc. of Walpole won the $170,000 yearly bid, while Gov. Meldrim Thomson preferred Allyn Associates of Manchester to continue. Dudley Dudley sought a safety regulation review of hazardous cargo transport, but no action occurred last week.
The Senate approved a compromise subsidy formula to aid East Coast oil imports while blocking a larger 100 percent subsidy plan. The deal, 53 to 40, limits the boost to 50 percent and could raise costs for consumers in 36 non East Coast states.
City Atty Charles Eldredge urged a permit system for LPG trucks at a Traffic Safety Commission meeting. He cited opposition from a local LPG firm and warned Portsmouth could trigger wider state action. If state approval stalls, Eldredge may seek legislative or legal action to preserve local rights.
The Nuclear Regulatory Commission is expected to announce that Seabrook plant construction can resume while ongoing appeals and a search for alternate New England sites continue. About 1,800 workers were laid off when halted, with PSE arising costs of 500000 daily.
New Yorkers lose 3.25 million daily papers as 1550 printing pressmen strike over proposed backroom staffing cuts. News Times and Post halt after union picket lines form, brokers warn of prolonged blackout likely affecting over 10,000 workers. Local publishers defend automation and wage plans.
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