Say Deal' Killed Plan Remap
Groups Back Diner *. & JL " A- SfiE STORY PAGE 3 Cloudy ' Cloudy today, chance of FINAL sboweri, clearing tonight To- morrow mostly sunny, high In K«l Bank, FiwhoM -'a low 50s. > "•*» Ixtng Branch EDITION 32 PAGES Monmouth County's Outstanding Home Newspaper VOL.94 NO. 196 RED BANK, N J. THURSDAY, MARCH 30,1972 TENCETJtS lliniHUIMUIHIHimillHlllllllllllHIUIIIIHIIIIinilUIHIHinil Meat Prices Will Drop, Food Execs Say WASHINGTON (AP) - prices will be falling because man for the food chains, told are going down no matter told the executives the gov- Democratic presidential nom- Heads of the nation's largest of market forces rather than reporters that "the secretary, what is said because of com- ernment is prepared to do ination, said that time might' food chains, emerging from a government action. is indeed a very persuasive petition." anything necessary to bring be reached "in just a few two-hour meeting with top Connally agreed. "We think person." Connally. said he foresees down the cost of living. more weeks, the way things government officials, say the that over the next 140 days But he said the decline in "quite a satisfactory decline" Meanwhile, Rep. Wilbur are going." price of meat will be coming you Will see a decline in meat food prices can be expected in meat prices, but he added Mills, chairman of the House If the freeze on wages, rents down in the next few weeks. prices," he said. because carcass beef prices that "I don't think you can at- Ways and Means Committee, and prices is resumed. Mills The executives met yes- The secretary also per- are dropping and not because tribute this to the fact that told a Boston audience that, said, he would want it extend- terday, with Treasury Secre- suaded the 12 food chains to Connally called the chains in we called them in." unless the present inflationary ed to profits and interest.
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