OPEC Considers Simplifying Pricing and New Members
In Vienna, OPEC ministers study proposals to simplify pricing of high quality oil and discuss admitting new members including Zaire Syria Iran Venezuela and others while weighing the Angola MPLA bid and the option to quote prices in SDRs amid dollar fluctuations. The group aims to curb premiums while preserving overall consumer price effects.
MENTIONED IN THIS ARTICLE
Vienna
Austria
Organization of Petroleum Exporting Countries
OPEC
Iraq
Kuwait
Zaire
Syria
Iran
Venezuela
Angola
Popular Movement
MPLA
International Monetary Fund
Mixed Picture on Prices as Inflation Shifts
The latest Labor Department index shows November price gains easing for food and gasoline but rising service costs. Auto insurance and mortgage rates climbed, while new car prices edged higher. Ford and Chrysler announced targeted price hikes, GM paused, and Chrysler UK faced a government rescue plan. Travelers benefited from a tentative United Airlines ground crew deal as AT&T posted a small EPS decline amid ongoing recession effects.
MENTIONED IN THIS ARTICLE
New York
Labor Department
Detroit
General Motors
Ford
Chrysler
John J. Riccardo
Britain
Labor Party
Chrysler U
Watchdog panel eyed to monitor SCC and utilities
A Virginia legislative subcommittee urged establishing a watchdog committee in the General Assembly to monitor the State Corporation Commission and utilities. The panel split on expanding SCC membership and on creating a separate consumer advocacy agency funded by a utility bill checkoff, with critics citing unfair funding and jurisdiction questions.
MENTIONED IN THIS ARTICLE
Richmond
General Assembly
State Corporation Commission
Public Utilities
North Carolina
SCC
Assembly
Admiral Warns on Soviet Sea Power
Norfolk AP report quotes Adm John Treacher at a NATO conference stating a surge of Soviet maritime power threatens Atlantic control. He warns NATO must prepare for severe battles and losses to safeguard vital sea lanes and maintain deterrence while seeking diplomatic solutions.
MENTIONED IN THIS ARTICLE
Norfolk
North Atlantic ‘Treaty Organization
NATO
Adm
John Treacher
North Atlantic
Treacher
Reasons Lift Out On Lucas Decision
In Richmond, Mrs. Louise Lucas refuses to resign as Virginia Senate clerk prompting a new push by the Senate’s Democratic moderates to explain why they plan to replace her. Critics allege she favored conservatives and the governor over moderates, with hints of bias in campaigns and past support for Republicans.
MENTIONED IN THIS ARTICLE
Richmond
Louise Lucas
Virginia Senate
Senate
Lucas
Mrs. Lucas
Mills Godwin
South Africans In Angola Involved In War Effort
South African soldiers serve in tactical and training roles on multiple fronts in Angola. An informed estimate puts involvement around 1,000. Officials had denied official participation weeks earlier but now acknowledge advising and supplying the anti MPLA factions. Some top officers reportedly consult regularly with Mobutu Sese Seko of Zaire and Kenneth Kaunda of Zambia.
MENTIONED IN THIS ARTICLE
N.Y. Times
Cape Town
South Africa
Popular Movement For the Liberation of
Angola
Soviet Union
Mobutu Sese Seko
Zaire
Kenneth Kaunda
Zambia
Christmas mural brightens Washington construction site
In downtown Washington a new building rise is framed by a fence with a holiday mural. Artist Bill Newman described the painting as a chance for him and Sarah to wish everyone a Merry Christmas.
MENTIONED IN THIS ARTICLE
Washington
Sarah Claus
Bill Newman
Sarah
Trial date postponed for Maryland banker J Walter Jones
The trial date for J Walter Jones, a Maryland banker linked to Spiro Agnew, on charges of extorting campaign contributions from Singer Corp in 1972, is moved to November 1976. U S District Judge R Dorsey Watkins gave the postponement for good reasons and set motions to be heard three weeks before trial. Jones seeks dismissal citing publicity. defense may seek moving the trial if denied. A nine count indictment was returned last March against Jones and three others.
MENTIONED IN THIS ARTICLE
Baltimore
J. Walter Jones
Maryland
Spiro T. Agnew
Singer Corp
U.S
R. Dorsey Watkins
Watkins
Jones
Plato Cacheris
Also Mentioned on This Page
C-Cap
United Airlines
American Telephone & Tele
At&t
John D. DeButts
Western Electric
Sen
J. Harry Michael
Charlottesville
Peter K. Babalas
Commission On Governmental Management
Michael
Atty
Andrew P. Miller
Consumer Protection
By Michael T. Kaufman
V. O’boyle Insurance Agency
Paul Popkins
Insurange
al Popkins
Winchester Evening Star
National
New York Times News Service
Associated Press
Naughty
Nice
Marvin Mandel
Herbert F. Murray
Murray
Wrefl-Fm Radio 92.5
Howard Moulden
P.O. Box
Winchester
Preservation of Historic Winchester, Inc
W. Raymond Jennings
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