May 7, 1977

Repub Steel Corp and Youngstown Sheet and Tube Co raise prices by 6.8% and 8.8%, respectively, for basic steel products; Council on Wage and Price Stability terms increase excessive; co officials cite rapidly rising costs; other indus spokesmen comment (M)

Carter, with Callaghan, visits Sunderland, Newcastle and Washington Old Hall; map; illus (M)

Carter has dinner meeting, London, with Prime Mins Callaghan (GB), Fukuda (Japan), Schmidt (W Ger), Andreotti (Italy) and Trudeau (Canada) as prelude to summit; French Pres Giscard d'Estaing delays arrival to protest inclusion of EEC pres Roy Jenkins; problems facing various leaders discussed; Carter itinerary map; leaders pors (L)

match was incorrectly advertised as winner-take-all contest (M)

White House and Sen Governmental Affairs Com agree that sec of proposed energy dept and new 3-member energy regulatory bd will share authority to set producer prices for natural gas and crude oil; also subject to bd's jurisdiction will be wholesale interstate elec power rates, interstate natural gas pipeline rates and approval of natural gas pipeline routes, purchases and customers; compromise was one proposed last wk by Sen Abraham A Ribicoff and has support of Sen Henry M Jackson; Sen Charles McC Mathias Jr proposes that new sec be authorized to pay fees of lawyers representing citizens who wish to intervene in price-setting and other matters before energy dept; Sen measure also includes provision sponsored by Sens Javits and Glenn that directs Pres to establish energy planning function within exec office; HR Govt Operations Com approves dept bill after rescinding amendment offered by Repr John Conyers and approved on May 5 that would have made Govt sole importer of oil (M)