Commerce Panel votes to curb fuel profits amid heating oil rise
The House Commerce Committee approved an amendment authorizing President Nixon to set prices on coal oil and products to curb windfall profits as fuel shortages trigger policy shifts. The Cost of Living Council okayed a two cent per gallon heating oil rise and signaled likely January implementation while a one cent gasoline cut faces doubtful retail impact.
MENTIONED IN THIS ARTICLE
Washington
House Commerce Committee
Commerce Committee
William R. Roy
Chan
Nixon
Cost of Living Council
Dunlop
United States
Wholesale fuel surge drives November price jump
Wholesale prices rose 1.8 percent in November led by a record 19.3 percent leap in fuels and energy products. Refined petroleum up 34.7 percent, crude oil 4.5 percent, electric power 1.1, coal 6.6. Industrial commodities up 3.2, consumer finished goods up 3.5. The 1967 base index sits at 141.8, about 17.5 percent higher than a year ago.
MENTIONED IN THIS ARTICLE
Washington
Department of Labor
Ohio urges 55 mph limits with new signs in state
Ohio motorists will see 40 red and white signs urging a 55 mph cap to conserve fuel with 40 more by Monday. Governor Gilligan ordered the effort. Richley said the measure is voluntary and linked to broader speed limit changes pending Assembly action.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Ohio
Direc
Tor J. Phillip Richley
John Gilligan
Richley
General Assembly
Ohio apple farmer loses bid on two cent deduction
An East Liberty apple farmer failed to overturn a two cent deduction from each bushel in Ohio. Logan County Common Pleas Judge Richard Finefrock ruled the state may collect the money to fund promotion and research. He said the amount is not a tax since funds are refunded to farmers on request.
MENTIONED IN THIS ARTICLE
Pinkert
Bellefontaine, Ohio
East Liberty
Ohio
Logan County Common Pleas
Richard Finefrock
Herbert Slenker
Judge Finefrock
Fire Station Plan Advances in City Approval
The Fire Department Improvement Committee backs three new stations with sites at Second and Union, 21st and Scioto Trail, and 17th and Kendall. Council to consider Dec. 18 for legislation and early federal funding. central station planned near Second and Union within a semi circle of the railroad tracks.
MENTIONED IN THIS ARTICLE
Mike Drake
Fire Department Improvement Committee
William Jd
Earl Hayes
Neal Hatcher
David Bartlett
McKinley Ave
James Saddier
Tim Storey
C. L. Cottle
Stedman Ave
Sciotoville
James Spriggs
Harding Ave
Second and Union Sts
21St St
Scioto Trail
17Th St
Kendall Ave
Second
Union Sts
American Insurance Association
Williams Mfg. Co
Second Pod Market
Gallia St
Seventh St
Second St
Front St
Truckers Start To Clear 1 70 Block Turnpike Anew
Protesting truckers began clearing blockades on Interstate 70 east of Columbus to avoid a confrontation with riot police and National Guard tow trucks. Officers ordered removal of heavy rigs within five minutes as hundreds continued to clear the turnpike. A spokesman said trucks would wait 10 days before possible new blockades.
MENTIONED IN THIS ARTICLE
Block Turnpike
William Kronholm
Columbus
Ohio
National Guard
Ohio Turnpike
Walt Lowery
Volun
Route 348 Extension Contract Awarded to Miller Bros
Miller Bros Construction Co Inc of Archbold wins the Route 348 extension bid of 2,344,543 replacing Eagle Construction of McArthur after a $60,000 arithmetic error. The Appalachian Highway Corridor B project covers 4.38 miles south of Crabtree and north of Lucasville with a state estimate of 2,870,000 and completion by August 31 1975.
MENTIONED IN THIS ARTICLE
Miller Bros. Construction Co., Inc
Archbold
Eagle Construction Co
McArthur
Ohio Highway Department
Engle
Miller Bros
Crabtree Mile Tion
Lucasville
Ford to Be Sworn In as Vice President
Gerald R. Ford is slated for an early evening swearing in as vice president after the House votes to confirm him. Nixon is expected to attend as Ford, a 60 year old Michigan congressman and former House Republican leader, moves toward the final step after Spiro Agnew resigned.
MENTIONED IN THIS ARTICLE
Washington
Gerald R. Ford
House
Nixon
Ford
Spiro T. Agnew
Michigan
Senate
Christmas Story Begins Today on Page 11
The Times runs a 12 chapter Christmas story by Bob Boyle about Juniper Perper the elf who means well but causes mishaps as he tries to help Santa. The feature invites readers to follow the tale each day before Christmas.
MENTIONED IN THIS ARTICLE
Juniper Perper
Associated Press
The
Times
Bob Boyle
Santa
Adie
Recession Fear Behind Price Drop
New York A P reports anxiety over a looming recession amid the energy crisis drives a sharp stock market decline. The Dow Jones average falls 14.90 to 788.31, its lowest since November 27, 1970, with a 198.75 point drop from October 29 and a $145 billion paper loss in NYSE listings.
MENTIONED IN THIS ARTICLE
New York
Dow
New York Stock Exchange
Nixon
General Motors
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