FRIDAY, AUGUST 5, 1966 THE MICHIGAN DAILY FRIDAY, ATJGUST 5,1966THE MICHIGAN DAILY Steel Price Hike $50 FOR SAFETY: Deened Safety] Irresponsible, Inflationary To Boos Items, Steel Prices at 1967 Auto Costs WASHINGTON (1)-The White House denounced -a wave of steel price increases as irresponsible and inflationary yesterday but there was no sign of any move to force a rollback. President Johnson withheld any direct comment, but a White House spokesman said the chief execu- tive "received the news with con- siderable concern that the public interest had been violated by the decision to increase prices." White House press secretary Bill D. Moyers declined to speculate on what if any action the government might take to counter the suc- cession of price boost. announce- ments coming from the steel com- panies. Moyers said flatly that this week's steel price hikes "are in- flationary." The administration had tried quietly but vainly to stem the tide after the first leak in the dam ap- peared Tuesday night. That was the initial announcement by In- land Steel Co., one of the smaller producers, that it was raising prices. Inland conceded at the time that it would have to do an about- face if the rest of the industry did not fall in line. Johnson's chief economic advis- er, Gardner Ackley, chairman of the Council of Economic Advisers, protested in a statement that some of the big producers had ignored an urgent request to talk it over before raising prices. After Inland Steel started the price-hiking parade, Ackley sent telegrams to 12 other steel com- panies saying, "may I urgently re- quest that your company take no action prior to discussion with the government." Moyers said only one producer responded - a Bethlehem Steel representative discussed the situa- tion personally with Ackley yes- terday morning. Bethlehem then raised its prices, too. GOP Presidential Nomination May Be Decided in November Ackley's public statement did not specifically categorize the price boosts as inflationary, in the administration's judgment, but Moyers said Ackley had told him that "there is no question in his mind but that they will contribute to inflationary pressures." A break in the war of nerves that lasted less than two days came when U.S. Steel, and later Bethlehem Steel, the nation'stwo largest producers, announced in- creases of $2 and $3 a ton on sheet and strip metal. This along with a Kaiser Steel Corporation price hike made 10 companies since Tuesday that an- nounced the same types of price increases on steel products used in automobiles and major appli- ances. Other firms were expected to follow suit. The White House did not indi- cate what its next move would be, if anything. "This is not an hour in which this business leadership of Amer- ica can take pride," Ackley said. Some government sources said the increase might spread to other industries at a time when the ad- ministration is trying to stabilize prices as part of its anti-infla- tion program. The current round of steel price increases, all effective Aug. 10, came against a backdrop of a booming economy, increasing costs of the war in Viet Nam, wage settlements which have exceeded the administration's guidelines, and rising prices. benefits increases of 6 to 7 per cent. In announcing price boosts, the steel companies cited increased cost of labor and material as fac- tors. The labor agreement now in ef- fect throughout the industry pro- vides increased pension benefits effective Aug. 1-an extra $15 a month for every retired worker and the option for workers with 30 years of service to retire on full pension regardless of age. That same agreement calls for hourly pay boosts of 6 to 12 cents, depending on job classifications, next Aug. 1. DETROIT -New car buyers,, already facing higher price tags' on 1967 models because of added safety items, may have to dig still deeper into their pockets if newly announced steel price in- creases stand up. Auto companies adopted an of- ficial "no comment as yet" atti- tude yesterday about the $2 to $3 a ton price hikes announced by various steel makers. Unofficially, industry spokesmen expressed the doubt car makers could absorb the steel price hike, along with increased labor costs and higher costs of other mater- ials without increasing auto prices. "You can be certain that we are keeping a very close watch on the situation," said a Ford Motor Co. spokesman. He pointed out that auto pricing, is a very competitive business and that no company would make a move until it had studied every possible effect of the jump in steel costs. The auto industry is the No. 1 customer of the steel industry, tak- ing more than one-fifth of the to- tal steel output in this country. Since the average car has just over a ton of steel, some figured a $2 to. $3 increase in car prices would cover the increased costs of steel., There were some indications, however, that if the pricing door were opened because of increased costs of steel, the auto companies might pass along some other in- creases. The United Auto Workers Union' said it was studying the- steel price situation closely. A UAW spokesman, asked for comment on the steel situation, said the union was standing on its recent convention action which proposed creation of a price-wage review board, assisted by a con- sumer council, "to replace the present unfair and ineffective price-wage guideposts." Under the UAW's proposal, any corporation in a dominant mar- keting position-defined by the World News Roundup union as controlling 25 per cer or more of sales in a key industr -would have to give at least 6 days notice of a price increase. The price-wage review boar would have full opportunity i turn the public spotlight on prc posed price or - wage increase which it figured to be out of lin the UAW said. Auto company spokesman admit ted the steel price adjustmeni had come at a bad time as far auto companies were. concerne Their 1967 cars are just abot ready for market and final fig uring on prices has been und way. Recent statements of key aut executives indicated, however, thi the consumer is going to be aske to pay at least part of the tab fa 17 safety items which will be ir cluded on 1967 cars as a result ( suggestions by the General Seri ices Administration. Some sources have estimate that $50 would be a goodguess a to the probable cost of the. con sumer for his safer 1967 car. I the steel price increases stick, th car cost'could go up another $2 c $3 and possibly more. DETROIT (T - Republican George Romney and Democrat G. Mennen Williams will be running for separate office in Michigan's November election, but what could be the biggest prize of all isn't on the ballot-the 1968 GOP presi- dential nomination. Romney, 59, seeking reelection to his third term as governor, is expected to make a bid for the White House candidacy if all goes well in the next two years. Wiliams, 55, who virtually cre- ated the Michigan Democratic party in his own image, hopes to be elected to the U.S. Senate and tarnish Romney's national image in the process. His opponent is Republican Sen. Robert' Griffin, 42, who was ap- pointed by Romney to fill the vacancy left by the death of Sen. Patrick McNamara, a Democrat. In most political futures books, both Romney and Williams are favored to win in a state where independent ticket splitters often decide elections. But it will be the size of the victory margins - rather than the winners-that will attract the most interest among political analysts. In 1964, while President John- son was clobbering Republican Barry Goldwater in Michigan by a 2-to-1 margin, Romney bucked the Democratic landslide and won his second term by smashing Dem- ocrat Neil Staebler by 383,000 votes. Romney's opponent this time is Zolton Ferency, 44, the Democrat- ic state chairman, who concedes that he is fighting a stiff, uphill battle. "I'm gaining, though," he says. "People no longer ask what is Ferency, they now want to know who is Ferency?" If Romney can roll up enough votes to carry some congressional candidates into office on his coat- tails, he will add to his prestige as a vote getter who might head up a strong Republican ticket challenging President Johnson in 1968. For that reason, Williams and Michigan's powerful Democratic- labor coalition will be throwing all they have into an effort to em- barrass the Republican governor. If they can succeed in knocking off Romney, his presidential nom- ination chances will vanish, By The Associated Press NEW YORK--Agriculture Sec- retary Orville Freeman said yes- terdayrhe was directing the Fed- eral Trade Commission to con- duct a speedy nationwide probe of spiraling food price increases. Freeman said the investigation, expected to be finished within three months, will be centered on the high consumer prices of house- hold staples, especially bread and milk. WASHINGTON - Thirty U.S military men, most of them air- men, have been killed in American operations in Laos since 1964, it was learned yesterday-. . Some business sources called the This is 19 more than the Pen- timing of the steel increase an- tagon publicly acknowledged last nouncements ideal, coming as they May in a statement which repre- did right after the administration sented a break in official secrecy setback at the hands of the air- surrounding U.S. activities in the line machinists who rejected a kingdom bordering Viet Nam. contract providing wage and fringe The deaths reflect a step-up in }}".."jw.;,";",}yrrr: { ,,"yy}r{..".,rr,..{..+v ,. Amtericant military operations in GENEVA - The United States large measure of agreement on .n=...,........................_~..M...,r, s sa and t esv edUnionureachedisa tions, satellites and vehicles in outer space, on the moon and the planets should at all times be open to representatives of other states, and that the space pow- ers should keep the world's scien- tists and public informed of their activities and findings. BOGOTA, Colombia-A bomb exploded in the Colombo-American cultural center yesterday and po- lice said at least five persons were killed and 10 others serious- ly wounded. Most of the victims were pre- sumed to be Colombians, but a po- lice spokesman said a U.S. in- structor may have been among the casualties. The modern structure in which the U.S. Information Service- sponsored center is on the edge of the downtown business district. The center offers courses in Eng- lish. It is only a few blocks from an- other modern office building hous- ing the U.S. consulate, where two bombs exploded two weeks ago. THANK YOU U-M Barber Customers and friends for your patronage. We now WELCOME you to the DASCOLA BARBERS near the Michigan Theater. -Dominic Dascola Michigan Lit '36 '' I sinar w inmminmmmmmminmrmmr~r" .r~tmrmmu..mm saii, ti 1 1 ,a I ( 95 ' TTONIGHTT S f I fU i CHARLIE CHAPLINf 1 1 1 ! f f 1 1 ! H(1925), One of the10 Greatest films ever made!j I * f SHORT: Silent 'Comedies' 1 ! ! f , f N N THE ARCHITECTURE AUCITbRtUM AOM ISSIONI'FIFTYC E NTSE .. itri r r~liY~gr O1 " r lr r~~yl ! "' 1 i i i i i i i i F i i i i ~~~~~"DA ILY O FI IL B I L ,r'r., ,.''9,i'a2: x'°.+: ',....?'? . ......."l.' WSW. : a i "'r' ..... .---.-:,.. (...,,' r' pry;:;:.;.; '.:::::.. . . s' .r... r": 2"'.'trr?'{try.'r4 ef f$:::::":'r'. 'i:: r:"''. : 'vt:r'>:r':?"''."r: .% ='rr ,rrLr.+. "v, ;'""::":; ':tiY}. h r:":":: The Daily Official Bulletin is an official publication of the Univer- sity of Michigan for which The Michigan Daily assumes no editor- ial responsibility. Notices should be sent in TYPEWRITTEN form to Room 3519 Administration Bldg. be- fore 2 p.m. of the day preceding publication and by 2 p.m. Friday for Saturday and Sunday. General Notices may be published a maxi- mum of two times on request; Day Calendar items appear once only. Student organization notices are not accepted for publication. FRIDAY, AUGUST 5 Day Calendar Bureau of Industrial Relations Sem- tnar-"How To Install Theory Y": Michigan Union, 8:30 a.m. Audio-Visual _'Aucation Center Film Preview-"Red Bailoon": Multipurpose Room, Undergraduate Library, 1:30 p.m. Cinema Guild-"The Gold Rush":; Architecture Aud., 7 and 9 p.m. Dept. of Speech University Players Performance - Noel Coward's "Blithe Spirit": Lydia Mendelssohn Theatre, 8 p.M. School of Music Degree Recital - Jack Watson, trombonist: Recital Hall, School of Music, 8:30 p.m. General Notices Doctoral Examination for Evelyn Mary MacQueen, Speech; thesis: "John Gassner: Critic and Teacher," Mon., Aug. 8, East Council Room, Rackham, at 3:10 p.m. Chairman, W. P. Halstead. Doctoral Examination for Nasser Mahootian, Nuclear Science; thesis: "An Electron Spin Resonance Study of Va- nadium in Calcium Tungstate Crystal," Fri, Aug. 5, Roon 315 Auto Lab., at 3 p.m. Chairman, Chihiro Kikuchi. PLANS FOR SUMMER COMMENCEMENT EXERCISES Sunday, Aug. 7, 1966, 2 p.m. Time of Assembly-1 :15 p.m. Places of Assembly-Regents, Presi- dent and other executive officers, min- ister, speaker, candidate for Regents' citation, and candidate for honorary degree, in the Kalamazoo Room of the Michigan League where they may robe. Deans and other administrative of- ficials taking active part in the exer- Phone 482-2056 Entut On. CARPENTER RUAO OPEN 7:00 NOW SHOWING hown*.. at 82&1:4 cises, in the Michigan Room of the Michigan League, where they may robe. Members of the faculties in Room 2071 Natural Science Bldg., where they may robe. Students of the various schools and colleges, in Natural Science Bldg. as follows: Section A-Literature, Science, and Arts - Front part of auditorium, west section. -Education-Front part of auditor- ium, center section. -Architecture-Front part of audi- torium, east section. -Law-Front part of auditorium, east section (behind Architecture), Section B-Graduate - PhD candi- dates, Room 1053. -Masters candidates, rear part of auditorium. Section C-Engineering-Room 2054. -Business Administration - Room 2042. -Music-Room 2033 (north end). -Nursing-Room 2033 (south end, be- hind Music). -Public)Health-Foom 2023 (west end). -SocialWork--Room 2023 (center, behind Public Health). -Natural Resources-Room 2023 (east end, behind Social Work). March into Hill Auditorium: 1:45 p.m. Academic dress. Placement POSITION OPENINGS: A. E. Staley Manufacturing Co., De- catur, Ill. - Applications Chemist in Consumer Product Technical Service, BS/MS in Chem., Chem. Engr., of food technology. 2-5 yrs. in consumer dev. or tech service in household cleaning aids or related field. Consumer Research Analyst, BA/MBA in Psych., Soc., Mar- keting, or Stat. Less than 5 yrs. exper. Development Chemist in Consumer ----- IqU Products, BS/MS in Churm. or Chem. then independent, various locations and Engr., 2-5 yrs. in consumer product de- free to contact with other offices. Pre- velopment. fer degree holder, married. Largest auto Office of Economic Opportunity, and fire insurance company. Flint, Mich.-Executive Director for * * Community Action. Masters in Public For' further information please call Admin., Soc., or Bus. Ad., or BA and 764-7460, General Division, Bureau of related exper. Deputy Director for Con- Appointments, 3200 SAB. munity Action, ES Masters preferred _____________________ in public finance, acctg., bus., ad., or administrative experience for the MA. c G NIA IC Local Manufacturing Firm, Ann Ar- bor-Cost Accountant and Stenograph- er. Cost Acctg.-some formal trng. in; standard cost acct., some knowl. ofN flexible budgets, min 2. yrs. college. Stenographer-Competent and exper- ienced, clerical typing, filing, prefer USE OF THIS COLUMN FOR AN- shorthand. NOUNCEMENTS is available to officially Kanton, Rosenbaum and Lillie, Grand recognized and registered stundent or- Rapids, Mich.-Openings for several sen- ganizations only. Forms are available in ior accountants, prefer college grads Room 1011 SAB, who are CPA's or have had several yrs. * exper. with public acctg. Folk Dance Club (WAA), Folk dance,I Local Insurance Agency -- Trainee with instruction, open to everyone, Agent, two years on trainee program Fri., Aug. 5, 8-11 p.m., Barbour Gym. IMPORTANT! NO ONE UNDER 18 WILt.BE ADMITTED UNLESS ACCOMPANIED BY HIS'PARENT. uNwaeo awypst Nrdav hut. twog, puted key points prevented draw- ing up a formal treaty. The two nations agreed that space, the moon and the planets should be freely accessible to all, that no state should appropriate any part of them, that space be reserved for peaceful purposes and ruled by the principles of inter- national law and the United Na- tions charter. Soviet delegate Platon D. Moro- zov, however, rejected these U.S. proposals: that a state's sta- L. -A Daily Classifieds Get Results, i i wwmmw ----------------- V U u v V 1 I x * A Little Birdie EUIZENEE Wd ERNEST LEHMAN'S PRODUCTION .Fm.El UP *TY L"J iZq . DIAL 5-6290 Shows at 1:30-4:00-6:30-9:00 Eves. & Sun. $1.50 Matinees $1.25 T grTTTTTTTTTTTTTTTTTTTTTTT ' George Weiin Presents IFESTIVAL ENCORE!j Detroit's Greatest JAZZ Concert SSunday, Aug. 7--Cobo Arena-8 p.m. SSarah Vaughn* Dave Brubeck art. IMiles-Davis ant. -Horace Silver ant.~ IJimmy Smith Trio, * Joe Williams Fr. Thomas Vaughn Trio *ALL SEATS RESERVED: $3, $4r $5. $6 STICKETS ON,. SALE: J. L. Hudson Tikect Conters -Downtown, *Northland, Eastland, Westlandi; all Metropolitan Detroit Grinnell * stores; and Cobo Arena Box Office. * MAIL ORDERS: Send check and self-addressed stamped envelop. is * to, Festival Productions, Inc., c/o Cob* Arena Box Office, Detroit, 'K *F Michigan 48226.a TONIGHT and TOMORROW at 8.00 P.M. in the AID-CONDITIONED LYDIA MENDELSSOHN THEATRE BOX OFFICE OPEN: 12:30-8:00 UNIVERSITY PLAYERS ( Dept. of Speech) present NOEL COWARD'S Sophisticated Force Told Me To Tell You DINE OUT' - "W'W'W 1THIS WEEKEND ! l r r'r 1 I E , DIAL 2-6264 sopHIA PAUl [UN NEWA DAMI I DIAL 8-6416 One Show Tonight at 7:15 1 r rwmrmFwvw"=urww=rw Old fleidelber 211-213 N. Main St. 668-9753 Specializing in GERMAN FOOD, FINE BEER, WINE, LIQUOR PARKING LOT ON ASHLEY ST. Hours: Daily I1 A.M.-2 A.M. Closed Mondays -BY THE SAME PRODUCERS SEE never before shown films of the actual public suicides of Buddhist Monks in Saigon. See them die by fire and gasoline! SEE strip-teasers clothed only with wet transparent tissue paper. SEE actual scenes of today's active slave trade! SEE the hilarious slap concert where music is produced by the vicious slapping of the faces of a male chorus. SEE the shocking and hilarious dance of female impersonators in sin-ridden Hamburg. SEE American policemen, disguised as women, act as bait for sadistic molesters and deviates! SEE call girls exposed in their home on wheels! SEE men fight with sharks! SEE MONDO PAZZO; it starts where Mondo Cane left off! RIZZOLI FILM DISTRIBUTORS INC. PRESENT' "BETTER THAN . MONDO CANE" Los Angeles Times A productloa @ th. 'CINO MATO AMICA FEERIZ SPA. It was a Plus 2nd Feature 4/ L. LJIDY vI r 'L~~r*,;I I I I I C < :: rN. Y. DAILY NEWS 1 ii INA- r M~WIP s