June 22, 1973

The Skylab 1 astronauts are scheduled to splash down today at 9:50 A.M. in the Pacific Ocean, ending their 28‐day mission. Page 22.

Labor Dept repts on June 21 that food prices rose strongly in May, but increase of 1% was smallest in '73; Pres Nixon's Council of Econ Advisers Chmn Stein, in statement on Pres Nixon's 60-day wage and price freeze, says that freeze on retail food prices will indirectly set ceilings on raw farm products; holds that key aspect or Phase 4, impending program of price controls, is that rise of avg food prices after freeze 'must be very small'; in related development, Agr Dept estimates that food prices for all of '73 will avg about 12% above prices in '72, but refrains from firm estimation of food prices from June until end of yr; graph shows food price increases during last 12 mos

Sup Ct on June 21 hands down new set of guidelines that will enable states to ban books, magazines, plays and motion pictures that are offensive to local standards, even if they might be acceptable elsewhere

Com on Interest and Divds announces June 21 new divd guidelines under which co can choose between increasing divds no more than 4% over amt in preceding yr or an amt equal to co's ratio of divds to profits for yrs '68-72 inclusive; com chmn A F Burns statement noted; procedure on calculating divd payments for this calendar yr explained; NYSE chmn Needham lauds com's relaxation of divd guidelines as helping considerably in making common stocks more attractive investment; other analysts favor ruling

NYC Police Dept's Traffic Div head W T Bonacum discloses that 20 police officers, each accompanied by superior, have been told to issue 2,000 summonses on June 21 and 2,000 more on June 22 to parking violators in midtown Manhattan area; officers are part of 210-member police team, 170 on intersection control duty and 40 on scooters, plus 25 tow trucks and 125 parking enforcement agents, seeking to reduce traffic congestion in Manhattan between 30th and 66th Sts from river to river; only 15 designated policemen and 13 superior officers are on duty on June 21; they issue 549 summonses in 8-hr period; Bonacum, commenting on low yield, says motorists may have avoided midtown area because of publicity; may expand geographical area covered by policemen in order to increase summonses issued; PBA accuses dept of engaging in 'quota system'; illus; map