Inflation to stay high says Treasury chief Simon
Washington reports quote Treasury Secretary William Simon warning inflation will remain unacceptably high through the year while government experts forecast a late-year decline. He calls the situation a crisis and cites a multi-year plan including budget cuts and spending limits discussed with President Nixon and adviser Kenneth Bush.
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Washington
Treasury
William E. Simon
Simon
Nixon
Kemmeth Bush
Washington Post
Tle
Rare white tiger cubs born in Cincinnati area
In Cincinnati three rare white tiger cubs and a sibling tiger were reported healthy by officials on Sunday. The cubs, born Thursday, are among the rarest births in the United States, with only about 30 such animals known to exist globally.
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Cincinnati
United States
Wall Street uneven as banks push rates higher
Trading slows as the market stays oversold and banks raise rates. The Dow edges up to 446.43 after a day of mixed moves while NYSE volume remains light. Citicorp drops, First Chicago slips, and Warner-Lambert rises amid active but cautious trading.
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First National Bank of Chicago
California
L's
Larry Wachtel
Bache & Co
Leslie M. Pollack
Haydenstone
Tae
Oye
New York Stock Exchange
NYSE
American Stock Exchange
Citicorp
Chicago
Pe Warner-Lambert
Black Drug Co
Teamsters blamed in bread cost hike
Los Angeles AP report cites Food Employers Council President Robert K. Fox blaming commissions paid to Teamster bread drivers for rising Southern California bread prices. Fox says adding commissions to salaries increases driver pay and loaf costs, while a strike and distribution changes worsen the burden on housewives.
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Californa
Robert K. Fox
The
Food Employers Council
Southern California
Ioval Gordon - Bread Co
Fox
Teamsters Union
Life
Fux
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