NIXON FREEZES PRICES FOR UP TO 60 DAYS, THEN WILL ESTABLISH PHASE 4 CONTROLS; FARM PRICES, WAGES, RENTS UNAFFECTED
Pres Nixon orders on June 13 freeze on all retail prices, including food prices, for as much as 60 days, nationwide TV address; says he will not freeze prices of raw agr products, but retail costs of those same products will be frozen at supermkts; says during 60-day period of freeze, which in effect will give him time to draft a Phase 4 econ policy, he will search for new mechanisms to control food prices at retail level