Warren Times Mirror from Warren, Pennsylvania • Page 5

STRICTLY BUSINESS by Two Biggest Steelmakers Announce Price Hikes Warren, and Observer, Thursday, August 1968 Page 5 Shafer Signs Bills to Curb Hard-Core nemploy ment speaking of inflation, Pottleby, how's your Little Lost Girl In Morgue Goes Homes NEW YORK (AP) The little lost girl In the morgue final, ly went back to her small town In Ohio Wednesday, The body of the 98- pound youngster was found July 15 at the bottom of an alrshaft in a Mott Street tenement. 9ie had been raped and hurled alive from a flfth-floor window police said. Since then, the girl had lain unidentified and unclaimed in the morgue. Wednesday, however, Charles B. Nell, a Vicery, CXilo, crane operator, identified the body as that of his 13-year-old daughter, Deborah.

Held Ml homicide and rape charges in death are Ronald Alfo, 26, a commercial artist, and Efevid Thomas 30, a porter. They claimed they Mverknew the name of the girl tiiey are accused of killing. Deborah, with reddish-brown hair and wearing hippie beads, hitchhiked to New York with a boy friend, whom police did not identify. Investigating officers said Alfo accosted the girl on a lower East Side street and (rffered to sell her marijuana. The boyfriend was decoyed on a ficticious errand, detectives said, and Thomas and Alfo took the girl to the dingy tenement flat.

Nell, the father, and two of tiie uncles pooled their money to charter a plane and flew here to identify the body. Deborah went home later on the same plane. U.S. Treasury WASHINGTON (AP) The cash position of the Treasury July 26: Balance $7,915,720,210.69 Deposits $12,135,703,754.32 Withdraw $15,193,895,266.34 Tot debt $353,549,617,633.60 Gold assets $10,366,919,776.19 $640,533,445.35 debt not subject to statutory limit. Pittsburgh Eggs PITTSBURGH (AP) Egg market unsettled, receipts light to moderate.

Supplies on jumbos adequate, large and mediums ample to more than ample for the slow demand. A jumbo white 53-57, A extra large white 50-55, A large white mostly 48-50, A medium white 36-43, mostly 37-39, A large white 36-40. Person-to-Person WANT ADS 728 1400 PITTSBURGH (AP) The two biggest steelmakers U. S. Steel Corp.

and Bethle. hem Steel Corpi, announced price hikes Wednesday and President Johnson denounced across the board hike as The President added that action, the first general price boost since Presl- dramatic price battle with the steel industry in 1962, "Just should not be per. mitted to He did extend his criticism to U.S. Steel at an impromptu news conference in WashingtMi. The President said under ques.

tlMilng he was interested in the across the board aspect which he said would affect the whole range of prices made of steel. the boosts could lead to a price increase of $500 million to the American consumer and voiced hMte "other steel companies will not join this parade. "American consumers are now threatened by a price In. crease of $6 million a year dl. rectly out of their pockets and the President said, "and at the very time they are paying increased taxes as their contributiMi to the urgent task of restoring price In reaction to the statement, a Bethlehem spokes, man said: "CXir announcement this speaks for Itself.

In our opinion, our price increase is absoliitely necessary and we do not intend to withdraw Other companies hinted they were ready to follow, saying more revenue was needed to compensate for tiie new billion, dollar.plus contract wmi by the United Steelworkers Union Tues. day "Our decision will be based entirely on costs and not any noise from said Inland Steel, which In 1962 stood against the general price increase and sterted the rollback- Since then, the industry has raised prices piecemeal, hoping to avoid another confrontation with the many weapons of the federal government. why Bethlehem announcement of an increase of almost 5 per cent on base prices, effective Aug. 8, spread surprise across the industry. "The price increases are expected to add only enough to revenues to offset cost increases just Incurred or expected in the next several said Bethlehem, the second largest producer.

"Selective price increases have not been effective in offsetting smaller increases than ttose now facing Bethlehem. A general price increase is the only mettod available to alleviate tiie financial problem which would otherwise occur in the immediate U.S. Steel the biggest producer by far and usually ttie pacesetter for industry prices, posted a new list of prices for its tin mill products that adds up to an over-all increase. How much the company say. But of the six most popular items, four went up-as much as 9.7 per centone went down 1.9 per cent, and one remained the same.

Tin products accounted for about 7 per cent of last industrywide shipments, and pos. sibly as much as 10 to 12 per cent of revenue.a big item. The increases are effective Oct. 1. TTie new CMitract is an estimated 6.5 per cent increase over each year of a three year CMitract, an agreement that falls within the broad pattern of most major labor settlements this year.

Most steel companies were re. luctant to talk publicly about what ttiey were going to do on steel prices, now that Bethlehem and U.S. Steel had started the parade. LEGAL NOTICE TAKE NOTICE that the Assessment Roll of Warren County for the year 1969 has been completed and that said Assessment Roll Is open for public inspection at the office of the Chief Assessor, Court House, Warren, on Monday through Friday from 9:00 A.M. until 12:00 noon, and from 1:00 P.M.

until 5:00 P.M. FURTHER TAKE NOTICE that all persons desiring to appeal from any assessment shall file a statement of intention to appeal, in writing, designating the assessment appealed from, with the undersigned Board, Court House, Warren, on or before September 3, 1968. Given under our hand and seal this 31st day of July 1968. (s) D. Rice (s) Blain M.

Mead (s) Thomas J. Donnelly BOARD OF ASSESSMENT AND REVISION OF TAXES Attest: (s) G. Shea Chief Clerk August 1, 1968 It Decorator Inspired' Italian Just For You Now Sale This Week. Save 10 Style Dining Priced At BARTSCH FURNITURE Bassett mnlh doof, thrw and two doors. Oval ait-n Arm Chair thrM Chairt with drtwors and two doors ONLY $529.50 CONVENIENT TERMS BARTSCH FURNITURE CO.

60 PA. AVEn EAST "ON THE BRIDGE" WARREN, PA. But a spokesman for Armco Steel said the company expected to announce increases by Friday "It is obvious that increased employment costs involved in our new labor contract cannot possibly be absorbed by our company without having a disastrous effect Ml our the spokesman said. The Industry, fighting a surge of profit sapping Imported steel, had warned for months that a 6 per cent labor settlement would force price increases. Otherwise, executives said, two-thirds of the profits would be wiped out and some companies would be put out of business.

The industry refused to break down vdiat 6.5 per cent would mean in over-all costs. But LW. Abel, president of the uniMi, said it meant considerably more than a billion dollars. One set of unofficial figures calculated the cost at $330 million the first year, $680 million the second and $1.10 billion the third, a total of just over $2 billion. But that was on estimate of its total 1967 labor costs, inclixiing other factors besides wages and benefits for hourly workers.

HARRISBURG (AP) Gov. Office announced Wed. nesday the signing of two major administratiMi bills designed to curb hard-core unemployment In the impoverished areas of the state. Oie measure increases to $175,000 each ttie amount of tax credits which may be granted to a private company involved in jbb-producing projects In the An amendment to the 1967 Neighborhood Assistance Act, the measure permits a total tax credit by the state this year of $1.75 million. The credit is to jump by $1.75 million each year to a maximum of $8.75 million.

The second measure priates $6 million to reimburse Industry for offering on-the-job training to hard-core ables. The program is to be administered by the Department of Community Affairs. Low cost group life insurance becomes available to state em- under new legislation signed earlier by Gov. Shafer. Another bill which the gover.

nor signed Monday in Miami provides strengthening changes to the state retire- ment system, Shafer is in Miami to attend platform hearings which are a preluite to the National Republican Convention there next week. Under the Insurance bill, the Department of Property and Supplies, unless specifically requested not to do so, is author, ized to purchase group life insurance for state employes at a cost to the employe (rf no more than 20 cents per $1,000 biweekly. The pension measure Integrates the state re- tlrement system with Social Security, establishes uniform em- ploye contribution rates, and provides cost-of-living Increases for 15,227 employes already on pension. Epiphany was first mentioned in 194. By the 4th century, the feast of Epiphany was widely accepted.

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