Phase IV price hikes sweep auto and steel sectors
U S Steel joined major firms in filing 30 day notices to raise prices about 5 percent on sheet strip and pipe, cost justified under Phase IV. Chrysler American Motors Ford and GM seek higher model prices while Armco seeks reinstated hikes. Meat and food prices edge up amid freeze and imports, with beef supply uncertain and 1974 outlook optimistic by Cost of Living Council member Anne Armstrong.
MENTIONED IN THIS ARTICLE
United Press International
U.S. Steel Corp
U.S. Steel
Chryser Corp
Cost of Living Council
American Motors
Ford
General Motors
Armco Steel Corp
Chicago Board of Trade
Western Union Telegraph Co
U.S. District Court
Morell E. Sharp
Seattle
Lincoln
Neb
U.S
Warren K. Urbom
Anne Armstrong
Packers appeal freeze ruling in beef price case
Western Meat Packers appeal a U S District Court decision to keep the price freeze intact through September 12 1970 arguing the action violates the Fifth Amendment and condemning the move as confiscation. Judge Morell Sharp rejected the constitutional challenge.
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Seattle
Wash
UPI
U.S
Morell Sharp
Western Meat Packers
Sharp
Omaha
Neb
Kenneth MacDonald
Packers
Vesco Probe Delayed as Dean Requests Plea for Delay
The SEC was set to charge financier Robert Vesco with illegal business dealings when John W. Dean II asked to pause the probe. Dean, not indicted, acted under guidance from former Attorney General John N. Mitchell. The bill of particulars alleges Vesco secretly funded Nixon re election efforts with 200000 in 1972 to influence Mitchell and Stans to withdraw SEC scrutiny.
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New York
UPI
Securities and Exchange Commission
Robert Vesco
Nixon
John W. Dean II
White House
SEC
Vesco
Dean
John N. Mitchell
Mitchell
Commerce
Maurice Stans
Wesco
Stans
U.S
G. Gordon Liddy
Democratic
Taxpayer ripoff congressman denied Nixon home tour
Rep. Jerome Waldie of California was denied access to inspect security upgrades at Nixon's Western White House. He said $700,000 in federal funds paid for the estate’s security, but was allowed only to tour the grounds and not the private improvements. Waldie accused Washington of hiding the details, calling it a taxpayer ripoff.
MENTIONED IN THIS ARTICLE
Secret Service
Waldie
Washington
General Services Administration
Hearing Ordered In Garnishments In Arizona Case
A federal judge issued a temporary restraining order stopping garnishment of property without a prior hearing. The order delays taking effect until Sept. 1 to notify Arizona's 14 superior court clerks and 80 justices of the peace. The suit by Joyce Manning of Mesa challenges the constitutionality of the state law after a $324 loan default garnishment by Commercial Acceptance and Finance Corp. last December.
MENTIONED IN THIS ARTICLE
Phoenix
UPI
Justices of the Peace
U.S. District Court
Carl A. Muecke
Muecke
Joyce Manning
Mesa
Arizona Supreme Court
County to set 1.98 tax rate for Maricopa County
County Manager Charles Miller said the Maricopa County Board of Supervisors will set a property tax rate of 1.98 per 100 dollars of assessed valuation next Monday. The rate would be a 12 cent cut from last year, following approval of a 109.36 million dollar operating budget for 1973 74. An $11.3 million increase in assessed valuation was found over the weekend, lifting total valuation to 2 086 billion after an omission in a computer print out.
MENTIONED IN THIS ARTICLE
Phoenix
Maricopa
Inouye Faces Slurs With Quiet Resolve
Sen Daniel K Inouye reflecting on a rise in racial slurs recalls a battlefield wound that cost him his right arm and his dream of becoming a surgeon. He cites letters defending him and says Americans will respond with generosity while urging dignity and continued citizenship.
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Washington
UPI
Daniel K. Inouye
Hawaii
Inouye
Senate
John J. Wilson
Congress
Sam J. Ervin
D-N.c
Italy
Free World
Wilson
Michigan
San Francisco
United States
Balloonist vows he'll try next year
Bob Sparks 37 Pennsylvania resort entertainer vows to fly a balloon to Europe next summer. After lifting from Bar Harbor Maine he encountered a sudden Newfoundland coast storm and lightning forcing a ditch into the ocean. Rescued by a Canadian Coast Guard cutter he remains determined to be first to Europe.
MENTIONED IN THIS ARTICLE
New York
UPI
Bob Sparks
Europe
Sparks
Pennsylvania
Newfoundland
Bar Harbor
Maine
Greenland
U S to open smog hearings before House Commerce panel
Washington UPI reports hearings on federal air pollution standards set to begin September 11 before the House Commerce Committee. Arizona leaders oppose EPA proposals as violating rights and being unrealistic with traffic controls a major debated item.
MENTIONED IN THIS ARTICLE
Washington
UPI
House Commerce Committee
Arizona
U.S. Environmental Protection Agency
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