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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jun 27, 1974
Page
7
In Sacramento the Senate Rules Committee on Wednesday killed a bill urging that President Nixon leave office as soon as practicable. The measure aimed to press Nixon to resign though it faced stiff opposition and unclear prospects in the full Legislature.
The index of leading economic indicators increased 0.2 percent in May, with five of eight components showing gains. Unemployment insurance claims fell for the third straight month, prices of industrial materials declined for the first time in two years, and building permits and stock prices dipped, signaling a brighter outlook as embargo pressures ease.
U S Steel, the nations largest producer, raises base prices about 15 percent on hot rolled cold rolled galvanized sheets and structural plates. The move follows Bethlehem Steel and affects products used in construction automobile and appliance industries. Some rail and rail-related prices rise as well.
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