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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 15, 1973
Page
3
Long Beach area merchants and consumers report minimal price increases under Phase 4 as the Nixon administration ends a price freeze. Retailers fear higher wholesale costs will pass to customers, while some say the public will spend less amid uncertainty.
A Philadelphia federal judge denied an injunction to lift the beef price ceiling, ruling the controls constitutional. Harvan Nathan of Salsburgs Meats said his Shillingon, Pa. firm loses over twenty thousand dollars since July 1 as wholesale beef prices stay capped. Other suits against the ceiling have been rejected in San Francisco Seattle and Lincoln.
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