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PAGE THIRTY-SIX - MANCHESTER EVENING HERALD. Manchester. Conn.. Thurs., Dec. 12,1974 a MANCHESTER HOSPITAL Effective November 27th. The F.p.I.C. is raising its maximum insurance NOTES on savings accounts to $40,000. So now you can save more at Hartford National lHanrI|ratrr fEurntng Mrralh Discharged Tuesday: and still have this gu a^ teed protection. Edward Cunningham, 23 Union MANCHESTER, CONN., FRIDAY, DECEMBER 13, 1974- VOL, XCIV, No. 63 Manchester—A City of Village Charm St.; Eileen Tupper, 39 Hilltop THIRTY-TWO PAGES — TWO SECTIONS Ave., Vernon; Cecil Dorsey, 23 PRICE: FIFTEEN CENTS Fairfield Dr.; Adrianne Michaud, 442 W. Middle Tpke.; Richard Weekes, 25 Discovery Rd., Vernon; Nina Anderson, 29Cottage St.; Alice Brown, 28 Turnbull Rd.; Steve Roberts, East Hartford; Dorothy Crude Oil Costs To Go Up Copeland, 85 Deming St. Also, Richard Crowley, East Hartford; Donna Bushey, 56 Channing Dr.; Marie King, 299 Oakland St.; Harvey Harpin, East Hartford; David Newton, Under New Price System RR 3, Coventry; Joan Fazzina, 159'Birch St.; Thomas Young, Hartford IMatkmal Stafford Springs; Eugene VIENNA (UPI) — The world’s major oil pricing system, ending the posted price "We all agreed that a single unified Arabia and Venezuela — produce 85 per O’Reilly, 91A Downey Dr.; Lyle exporting nations decided today to in­ system which set prices at an artificially price system must be adopted. The new cent of world oil exports. , Butler, Glastonbury; Scott crease the price of crude oil by 7.4 per cent high level. system will be in the interest of the con­ The posted price is a theoretical price of Mazur, 160 Loomis St. from Jan. 1,1975, Iran’s Interior Minister The new price for a 42-gaIlon barrel of sumer. It will limit the profits of oil com­ crude oil from which actual prices are Jamshid Amouzegar said. The new price oil was fixed by ministers of the 13- panies.” worked out by a complicated system of will be 110.46 a barrel, Amouzegar said, member Organization of Petroleum taxes and royalties paid by oil companies WORK FORCE compared with the present average selling Exporting Countries meeting in Vienna. to the producers. PHILADELPHIA (UPI) - By price of crude of |9.74 dollars a barrel. Produce 85 Per Cent 1980, about half the U.S. working annotmces "We agreed to abolish the posted price OPEC’s m em bers — Abu Dhabi, Present Price $9.74 New Pricing System force will be feminine and about system — the root of excess profits by oil Present posted price is 311.65 a barrel The new price will be under a unified Algeria, Ecuador, Gabon, Indonesia, Iran, one-seventh of the total work companies," Amouzegar said. Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi but the actual price is about 39.74. force will be black, says Dr. The OPEC ministers also agreed to hold Seymour L. Wolfbein, dean of a special strategy session on a proposed Temple University’s Business global oil summit in Algiers Jan 8. Administration. Wolfbein also Venezuelan Mines Minister Valentin said that, contrary to opinion Fate of Coventry’s New Town Hernandez-Acosta said the Algiers sometimes heard, all through the meeting will discuss the proposal by remaining 1970s the demand for ne\% higher French President, Valery Giscard workers with manual skills will d’Estaing for a three-way summit of oil be just as great as that for peo­ producers, consumers and developing ple with mental skills. May Be Decided Next Tuesday nations. By MONICA SHEA nothing to do with the concept of new coir. Libassi said the board would have WORLD ALMANAC Peter Lebassi, president of Greater munity or if it is the right thing for Coven­ several options opbn to it next week. FACTS Hartford Process-fievCo, said-today that try. There is no question of the validity of Israelis Shell the Process Board of Directors will meet the concept of a new community.” Libassi said, “One of the options is to Lebanese Town interest rates. Tuesday to decide the fate of the new com­ withdraw the zoning application and the Libassi said the strength of the opposi­ other would be to leave the zoning applica­ munity in Coventry in the light of current By United Press International economic conditions. tion in Coventry to the new community tion on the table and just not go forward He said no decision has been made and had nothing to do with bringing about the with the building. It is possible that we Israeli artillery rained shells today on none will be until that meeting at which an review of the project. could withdraw the application and hold the southern Lebanese town of Nabatieh, assessment of the economic factors will the land for future use. It is also possible wounding 10 persons and destroying 15 be presented to the board. Libassi said, "We have had opposition that we will withdraw the application and houses in a two-hour barrage, residents of for two years and if the new community is dispose of the land.” the area said. Rumors Persist built we will have opposition for the full 15 There is an application before the Plan­ Lebanese antiaircraft units opened up Seven Years Bad Luck? His statement came amid persistant years of building time. The opposition is ning and Zoning Commission from DevCo on Israeli warplanes nearby, but the jets reports that DevCo had changed its course something you can deal with. You can which would add a section to the zoning did not attack and appeared to be on a Janet Linley expresses the dismay more than just seven years of bad of action, including one published report have coffee hours, and distribute regulations to allow for building a planned reconnaissance mission to inspect damage that is shared by many who are luck. On the optimistic side, maybe that the project for Coventry had been brochures to get your point across. The community. The commission is now trying of the barrage, newsmen in the area said. The expression “to pull superstitious especially if they break the mirror was old anyway and cost shelved. local opposition is not a factor in making to engage a consultant, Walter Blucher, to The Israeli predawn groundfire tore into a mirror on Friday, the 13th, which the wool over one’s eyes" this decision. only 69 cents. (Herald photo by Pinto) was originated during the Libassi said, “The Board of Directors is review the application. three Nabatieh residential quarters and means, if you are really superstitious. period when gentlemen meeting next week on the economic their markets, witnesses said. wore white wigs which were viability of continuing the project. We are usually made of wool. When looking at problems such as housing starts highwaymen committed a in the area and the economic situation in robber they would pull their the state.” Waste Paper Market Slumps ignore it, if You can victim’s wig down over his “Most pf the staff (of DevCo) is working eyes before taking his valu­ on the economic data and assembling an • JL SOL R. COHEN We....... say.. to nthose people, “Life’s not all that ables, The Worlcf Almanac analysis to present to the Board next bad — it’s just what you make it, either notes. To those who insist that today is sa(T-^ that w ^ . th e DevCo Planning Center in By SOL R. COHEN “All of your good works for ecological effect until Jan. 6. He said his yard is it’s one of those days when all things go happy or sad. - -antry has been closed berause we felt recycling may be going for naught these cooperating and won’t accept any paper bad. “There are those who are able — when there was not much point in having the until then. If you are among the millions of days,” is what it’s saying. Who tell you today’s a day to fear — and things go wrong — to whistle a tune, to SPECIAL center open until we know which way we Super-Seven patriotic Americans who patiently tote call you quite mad if you tend to jeer, hum a song. on Packor Cut are going.’’ Oversupply Prices Plummet their bundles of used newspaper to the “It’s the 13th, a Friday,” they tremblingly “You claim it’s unlucky, because it’s The 10 Lb. Avarage Meeting Tuesday in Foxboro, Mass., the His association’s statistics for the past Choice Account curb, or take it to the dump, or sell it as say, and, Day. We claim you can’t mean all the U.S. CHOICE Objective Review scrap paper to dealers, listen to what the association members learned — to no few months show that mill prices paid to things that you say.” 4^1bu* Account Libassi said, “We are making a very one’s surprise — waste paper products are waste paper dealers for mixed paper sure to be careful when you go out Eastern Paper Mill Suppliers Association objective review of the facts of life. You in serious oversupply. As a consequence, dropped from 340 to 310 per ton, today. We decided this morning, when the day •1.3 9 . is saying: began, to forget all about it—that is, if we can not defy economics. This review has paper stock dealers have been caught in an newspaper from 370 to only 320, and cor­ “Don't walk under ladders, or light three economic squeeze between inventories rugated from 360 to a low of 320. on a match, or look at black kittens, or an can. iFrank Toroa will cut your I purchased at high prices and declining The Paperstock Institute of America umbrella snatch.’’ |sirloln Tip Ovan Roaatl mill-buying prices.

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