10-20 Percent Slash In Meat Prices Nationwide
Hutchers from California to Maine slash meat prices 1 to 20 percent in the past month to boost sagging sales amid a beef surplus. A United Press International survey found cuts varied by cut and region, with prices expected to rise again in 60 to 99 days. Local managers report about a 40 cent per pound drop over three weeks, but shoppers are slow to return to steak and roast beef.
MENTIONED IN THIS ARTICLE
California
Maine
Donald McKinnon
Cottles
Augusta
United Press International
Texas
Washington
Philadelphia
Massachusetts
Linois
Georgia
John Hester
HRB
Austin
Tex
Air bags urged for new cars under 1976 rules
The UPI report says the Highway Traffic Safety Administration proposes mandatory passive restraints in cars built on or after September 1 1976. Front seat belts would not be required to be fastened, and rear belt requirements were dropped to avoid crowding the seatback area. Testing would allow absence of front seat belt use if a 40 mph barrier test is passed.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Pines
Macane
Lee
Bache
Renae Beraneas
Bose
Brenan
Washington
UPI
Highway Traffic Safety Administration
Stocks Slide After Oil Embargo Ends
New York traders sent the Dow 12.01 points lower to 874.22 as profit taking outweighed relief over the oil embargo ending. Analysts noted high oil prices and uncertain Middle East output kept investors cautious, with General Motors Disney and other oil and travel stocks dropping amid broad selling.
MENTIONED IN THIS ARTICLE
New York
Newton Zinder
Fox, Hutton & Co
William Gillaed
Clark, Dodge & Co
Middle East
Evels. Ie
Web. U
New York Stock Exchange
NYSE
American Stock Exchange
Baintrs
Ramada
General Motors
Walt Disney Productions
Howard Habibi
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Securants
Nester
John Robinon
The
Georgia Cattlermen
Wray Finney
American National Cattenen's Association
Quick Scravery
Finney Sud