Newspaper Page Text
I—Griffin Daily News Thursday, October 6, 1977
Page 14
Wholesale food prices up
WASHINGTON (AP) -
Wholesale prices rose one-half
of 1 per cent last month, the
biggest increase since April, as
the big drop in food prices be
gan leveling off, the Labor De
partment said today.
After declines averaging
nearly 4 per cent in the last four
months, farm products declined
in price by only twotenths of 1
per cent in September.
Contributing most to the in
crease last month were indus
trial commodities, which rose
eight-tenths of 1 per cent, the
biggest jump in a year.
The biggest contributors were
lumber and wood, which rose
4.4 per cent in September alone
amid continuing demand for
new houses.
Also increasing were fuels
and power, nonmetallic miner
als and transportation equip-
Release of confidential cable
fueling new canal controversy
WASHINGTON (AP) - The
unauthorized release of a con
fidential cable is fueling a new
controversy over the Panama
Canal treaty and giving an ap
parent boost to opponents who
say it would endanger the future
Wool plant
workers
earn more
ATI .ANTA (AP) - Produc
tion workers in Southeastern
wool broadwoven fabric plants
earned an average of 1176.82 a
week in August, more than $lO
over their weekly earnings for
July, the U.S. Department of
Labor reported today.
Production workers in cotton
broadwoven fabric plants
earned a gross average of
$174.62 weekly during August,
as compared with $171.72 in
July.
In plants producing manmade
fiber and silk, the gross average
weekly earnings for August was
$175.03, which was 43 cents
lower than earnings in July, the
report stated
The figures from the Bureau
of Labor Statistics include Ala
bama, Georgia, Mississippi,
North Carolina, South Carolina,
Tennessee and Virginia.
NOTICE
I will not be responsible for
any debts other than my
own.
Gregory Alan Henson
GOODfYEAR/fiW^,..
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RAIN CHECK - If we sell out of your size we will issue you a rain check, assuring future delivery at the advertised price
HILL'S TIRE STORE
Corner 6th Solomon St. Ph. 228*1347
ment.
The over-all increase of five
tenths of a per cent for Septem
ber would average out to just
over 6 per cent for an entire
year, close to levels the admin
istration considers an accept
able inflation rate.
Wholesale prices are paid by
retailers and manufacturers
before they reach the con
sumer, but the prices often
show up later at retail stores.
Finished consumer goods,
which are the furthest along the
stage of production, rose four
tenths of 1 per cent in Sep
tember after being virtually un
changed in the previous three
months.
The September wholesale
price increase was the largest
since a 1.1 per cent rise in April,
at a time when inflation was
near the 10 per cent level.
security of the waterway.
State Department officials
hastened Wednesday to reaf
firm their view that the treaty
would allow the United States to
intervene militarily after the
year 2000 if the neutrality of the
canal were threatened.
But Deputy Secretary of State
Warren Christopher also told
the Senate Foreign Relations
Committee that the United
States is in “continuing con
tact” with Panama “to clarify
any points of interpretation”
regarding the treaty.
The question of whether the
United States would be allowed
to defend the canal with mili
tary force after Panama takes
control is one of the sharpest
points of conflict between
proponents and foes of the
treaty.
The Senate is likely to wait
until next year to vote on ratifi
cation, but President Carter al
ready is trying to line up sup
port for the pact while con
servative organizations are
hoping to defeat it.
Sen. Bob Dole, R-Kan.,
sparked the fresh debate Tues
day by making public the con
fidential State Department
cable that appeared to indicate
that the United States and Pan
ama interpret the agreement
differently on key points.
The communication was from
Ray Gonzalez, No. 2 man in the
U.S. embassy in Panama, to
Secretary of State Cyrus Vance.
It quoted Panamanian
negotiator Carlos Lopez Guev
ara as saying U.S. leaders
As food prices began to de
cline, wholesale prices rose only
four-tenths of a per cent in May
and then dropped by seven
tenths of a per cent in June and
by one-tenth of a per cent in
July before going up by one
tenth of a per cent last month.
The Carter administration
predicted during the summer
that improvements in food
prices would reduce inflation to
about five per cent in the last
half of the year. Government
economists expect inflation to
be about six per cent next year.
Wholesale prices moderated
during the summer, declining
seven-tenths of one per cent in
June and one-tenth of one per
cent in July before rising one
tenth of one per cent in August.
The decline had been led by
falling wholesale food prices,
which dropped 11.9 p;r cent
should refrain from saying the
right of future “intervention” is
guaranteed.
Dole told the Senate panel
Wednesday he saw the cable as
proof that Panama disagrees
that the treaty permits U.S.
military intervention.
In a letter to the committee,
Christopher said the treaty
guarantees the permanent neu
trality of the Panama Canal and
that the United States and
Panama “each will have the
right to take any appropriate
measures to defend the canal
against any threat” to that neu
trality.
Sen. Frank Church, D-Idaho,
Driver caught in chase not identified
AIKEN, S.C. (AP) — A man
who led law enforcement offi
cers on a 12-mile chase through
the woods near Belvedere, S.C.,
before they caught him still had
not been identified today, of
ficers said.
The Highway Patrol began
pursuing the man after he ran
from a routine license check at
the intersection of Interstate 20
and U.S. 25 in Aiken County.
Patrol Cpl. W. 0. Bradley said
the man carried no identi
fication and refused to say who
he was.
Officers said they initially
pursued the man because they
thought he might have been in
volved in a crime in Florida.
The car the man left behind
when he fled on foot from the
license check had been stolen in
during the same period.
The Agriculture Department
said last week that prices re
ceived by farmers declined one
per cent from Aug. 15 to Sep
tember 15, the fourth con
secutive monthly decline.
The declining food prices,
while showing up on super
market shelves, are worrying
farm officials who say farmers
may stop growing some of their
crops.
Food prices, which can
change drastically from month
to month, were also responsible
for the high rates of inflation in
the first half of the year.
Meanwhile, other products
have risen at a more consistent
rate. Industrial commodities
rose in price about one-half of
one per cent in August, mainly
because of more expensive
lumber and wood products.
the No. 2 Democrat on the com
mittee, said after reading the
letter that “the Senate is not
going to ratify these treaties if
crucial points are interpreted
differently by the principal par
ties. This is a matter that must
be clarified.”
Meanwhile, State Depart
ment ' spokesman Hodding
Carter 111 criticized Dole for
disclosing the cable’s contents,
calling it “regrettable" and
saying it had “impaired the
confidence of the (diplomatic)
process.” He added that Dole,
as last year’s Republican vice
presidential candidate, “knows
that as well as anyone.”
Savannah, Ga. The license tags
had been stolen in Dade County,
Florida.
A warrant listing the man’s
name as “John Doe’* was sworn
out charging him with
possessing a stolen vehicle and
with transporting it across state
lines.
The chase began when the
man drove off 1-20 onto U.S. 25
where the patrol was checking
licenses. He then pulled off the
road and read a newspaper for
about an hour before driving
onto a frontage road.
A patrolman shouted to the
man to come have his license
checked, but the man jumped
into his car and drove away in
reverse at a high speed, they
said.
■*- - .
..
BL
President Carter signs 1 of 2 U. N. human rights
covenants as U. S. Ambassador Andrew Young, right,
signs another during ceremony at the United Nations. U.
Backers of a plan to bail out
Social Security presses action
WASHINGTON (AP) - Back
ers of a measure to bail out the
Social Security System by rais
ing taxes for the best paid
workers and their employers
are pressing for final action be
fore Congress adjourns, even if
this month’s planned adjourn
ment is delayed.
The bill, passed by the House
Ways and Means Committee
He drove a short distance be
fore he jumped from the car and
ran into the woods. The Aiken
County Sheriff’s Department,
the patrol and the State Law
Enforcement Division gave
pursuit for six hours using dogs.
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Highway 41-19 North 228-1326 Griffin, Ga.
Human rights agreement
Wednesday, will almost certain
ly be compromised with a ver
sion being developed in the Sen
ate.
The Senate Finance Com
mittee has tentatively voted to
shift more of the burden for
keeping the deficit-plagued sys
tem to employers.
To keep Social Security from
running out of funds by 1983,
the House committee recom-
The man offered no resist
ance when he was finally
caught. “He’d given out,*’
Bradley said. “He was sweating
all over, his shirt was tom and
he was wet where he fell in the
water.”
N. Secretary-General Kurt Waldheim is at center.
Observing the signing were Under Secretary-Generals
Erik Suy, and William Buffum, far right. (AP)
mended tax increases begin
ning next year for upper brack
et employes and for all covered
employes by 1981. Employers
pay the same tax. The in
creases would be in addition to
those already provided by law.
The committee plans to put
its bill before the full House in
about a week.
The highest tax anyone is
paying this year, in round dol
lars, is $965. Under the House
committee bill, employes earn
ing $19,900 or more would pay
$1,204 in 1978. By 1981, the tax
bite would be almost SI,BOO on
those earning $27,900.
For those earning less, the in
crease would be much more
gentle.
As an example, a $15,000-8-
year employe who pays SB7B
this year, would pay S9OB in
1978 and $968 in 1581.
The bill would bring under
Social Security more than six
million employes of federal,
state and local governments
and nonprofit organizations,
making it a virtually universal
retirement system.
The bill also would allow re
tired persons to earn more
without having their benefits
reduced, provide better treat
ment of divorced spouses and
remarried widows and elimi
nate other sex-based dis
criminations.
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