Page 2-Friday, August 10, 1979-The Michigan Daily
Energy costs fuel wholesale price rise
b Continued From Pagey increase continues for 12 months, the this will increase in the present quar-
Although the price of food at price of fuel oil will more than double ter.
wholesale remained unchanged from by mid-1980. Gasoline, meanwhile, rose President Carter's economic ad-
June to July, the spurt in fuel costs by 3.9 per cent. visers admit there is little they can do
pushed the prices of non-food items up Price increases at the wholesale level to insulate consumers from rising fuel
1.4 per cent, the Labor Department generally show up in a month or two at prices, which reflect an international
report said. retail outlets. Shoppers already are oil shortage earlier this year and higher
THE PRICE of home heating oil at spending nearly 11 per cent more for prices charged by oilaexporters.
the wholesale level rose a whopping products than they did a year ago, and NONETHELESS, Carter has sched-
nine per cent last month. If that rate of the latest wholesale report suggests uled a meeting for Monday afternoon
with food processors, wholesalers, and
retailers, to try to talk them into reduc-
ing markups so that supermarket shop-
pers may benefit from lower farm
Administration economists, including
ANOTHERSPATE COMPEXPATRON CONVENIENCE inflation adviser Alfred Kahn, have
been predicting that in the second half
YES! NOW YOU CAN PURCHASE TICKETS FOR FRI., SAT., MON., of this year, declining food prices would
EVENING SHOWS WHEN YOU WANT TO AND NOT WHEN YOU begin to offset rising fuel prices. The
NAVE TO. report released yesterday indicates no
such trend has yet developed.
A DVANCE TICK ETS NOW ON SA LE FO. TH E
GTHE MICHIGAN AILY
STA TE COMPLEX ATTRACTIONSVolume LXXXIX, No. 63-S
Friday, August 10, 1979
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Contnued from Page1).
point out Rep. Robert Drinan (D-
Mass.), upon arrival. Drinan earlier
accused the Vietnamese of being
among the worst human rights
violators of the century. Hanoi canceled
the trip after Drinan's remarks, but
reversed itself after receiving a
message from Secretary of State Cyrus
Onanother topic, Son told the
congressional delegation Hanoi would
approve shipment of food aid to Cam-
bodia by the United States or the United
;Nations if "there were no political
Other members of the congressional
group are Thomas Downey (D-N.Y.),
George Miller (D-Calif.), Daniel Akaka
(D-Hawaii), Richard Nolan (D-Minn.),
John Paul Hammerschmidt (R-Ark.),
Lyle Williams (R-Ohio), and Antonio
Borja Won Pat (D-Guam).
In developments outside Vietnam:
" Another congressional group,
headed by Rep. Lester Wolff (D-N.Y.),
is due in Hanoi today from Thailand,
where Prime Minister Kriangsak
Chomanan called for U.S. help in sup-
pressing Thai pirates who have been
reported attacking boat people on the
o More than 900 Vietnamese refugees
landed on remote Tara Island in the
Philippines yesterday to enter a newly-
built refugee camp.
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