No. 1 national number game? CPI under fire explained
Washington reports say the Consumer Price Index links to inflation in 40 percent of federal spending and affects alimony rents and Social Security. Critics argue housing treatment and fixed expenditure weights inflate costs, while alternative measures like the PCE Deflator show lower inflation and challenge CPI dominance.
MENTIONED IN THIS ARTICLE
Washington
UPI
Lawrence DeMilner
Congressional Budget Office
DeMilner
Bureau of Labor Statistics
CPI
Janet Norwood
Bureau
Market declines hit Ohio grain bids and Wall Street data
Ohio cash grain quotes show No 2 wheat at 4.09, shelled corn 2.45, oats 1.55, soybeans 6.25 in Northeast. Northwest No 2 wheat 4.14, corn 2.47, oats 1.42, soybeans 6.32. Central Ohio bids list 4.14 wheat, 2.51 corn, 1.40 oats, 6.28 soybeans. Wall Street hints of continued strength as GDP rise prompts caution. National Gypsum leads volume. Love Canal suit targets Hooker Chemical for 124 million cleanup cost, facing local resistance and ongoing environmental concerns.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Columbus
UPI
Ohio
Northeast Ohio
Northwest Ohio
Central Ohio
Prise
Wall
Washington
Hooker Chemical Co
Love Canal
Niagara Falls
N.Y
Hooker
New York
Natl Gyp
Allis Chalm
Wa- Alcoa
Ache
Am Brands
PepsiCo
Phila Elec
Phillips Pet
Pwr
Indus
Ag Am Motors
Gamble
RCA
Armco
Republic Steel
Beth Sul
Bobbie Siks Ae Rock
Sears
Sperry Cp
Colgate
Werner
Tennca
Texaco
Trans World
Curtiss Wright
Wile Steel
Gen Foods
Winn
Goodrich
Woolworth
Zenith Radin Ab
Yand
Lom Us
Pierre R Gul
American Machine & Foundry
Harvester
T&t
Kellogg
CPC International
Sthol Pay
Ryland Grou
Jobin Hancock — Band
Perad Bate
MIT
BsthCp
Suritono
BkCal
Fst Hoston Inc
Umon Sve
Keystone
Vanguard
Vanguard-Wellington
Banta George Centran
Binks Mig
Basset Furmur Stho Bancoorp Gra
Aw Vitramon Inc
CrownCent Pet
Binks Mfa
Banta George
Shared Med
Lia
Sey Gen
Gibson CR
Detera Corp
Glatfelter PH
Vestaur Secur
Melsen AG Co
LAR Pako Cp
AmSy la Fia
Raymond Ind
Anathte Inc
AppleataEn
Er Associated!inkaging
Augal Inc
Bangor Hydrokl
Bank of Va
BarnsChuckProd
Hemplast Inc
Data Terminal
Sv&Ln
Fsts&l Assoc
FlexiVan
HarvstrCo
MacLean Hunt
NuhnStates Pwr
PanAmer
Parker Penog
Paxall Inc
Panneer Ltd Elec
Reliable Lilns
Raval Mig
Smyth Inteh
Stevens JP
Suave Shoe
Techeutral Inc
Textron Inc
Union Com'ce Cp
Varo Inc
Viacom
Vitramon Inc
Walbar Inc
Wiley John Q
Divid ends Hooker Co. faces lawsuits actions regarding the Love Canal
Divid ends Hooker Company faces lawsuits over the Love Canal chemical dump. He expressed pleasure at the suit, stating he is very pleased to see it proceed.
MENTIONED IN THIS ARTICLE
Hooker Co
Love Canal
Dollar and gold rise in quiet pre Christmas markets
The dollar edged higher in quiet pre Christmas trading as gold jumped overnight in London by seven dollars to 476 an ounce. Frankfurt reports slight commercial demand aiding the dollar while overall activity remains slow and uneventful across major centers. In Zurich, gold opens at 475 an ounce, up from 474, and currency quotes show small gains in Frankfurt and Zurich versus Thursday close.
MENTIONED IN THIS ARTICLE
London
UPI
Frankfurt
Zurich
Tokyo
White House backs windfall tax deal for oil profits
Washington dispatch reports conferees agreed to a $227.3 billion revenue goal from an oil windfall profits tax with a $277 billion House plan and a $178 billion Senate version split down the middle. Details on how to raise the extra $50 billion to be decided in January. Powell said decisions must fit sound energy policy while Dole criticized the process and timing.
MENTIONED IN THIS ARTICLE
Washington
White House
Jody Powell
Powell
Also Mentioned on This Page
Donald H. May
Alfred Kahn
Carter
John Layng
Bureau Price and Living Conditions
THE
Commerce Department
USDA
Chicago
Midwest
Environmental Protection Agency
Lois Gibbs
Love Canal Homeowners Association
Divid
Ngrin
Concord
Sen
Robert Dole
R-Kan
Senate Finance Committee
Senate
Dole
Christine
Ingrid
Grange Mutual
Oberlin RD
Elyria
Grange Matual Companies
Luearn
Epee
Elyria Lorain
Oberlin
Harold Rorick Insurance CO
Second ST. Elyria
Star Building System
Star Builders, Inc
Cleveland St
Lake Ave
Moothra Thwrs
Sal
East Broad
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