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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Dec 30, 1976
Page
8
The report lists New York Stock Exchange transactions recorded at 2 PM with posted prices across active stocks. Investors monitor the afternoon level as prices align with market momentum and trading volumes fluctuate.
A Sacramento AP report says a consumer group charged several retailers with anticompetitive activity by fixing milk prices. The group urged state and federal probes after noting price jumps across stores and pressed for an investigation by the California Attorney General and the Federal Trade Commission.
The Department of Consumer Affairs will hold hearings on the milk price situation. Schulman said eight Sacramento area supermarkets charged 68 cents a half gallon of whole milk, with Los Angeles and San Francisco checks showing similar two cent increases. State minimum retail milk prices vary by market and have been suspended in Sacramento, with a statewide suspension expected.
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