Center says
deadly virus
to sweep U.S.
ATLANTA (UPI A new, deadly flu strain, related to the
killer 1972 - London flu, will hit much of the United States this
'.inter, the National Center for Disease Control reported
yesterday.
Dr Larry Coreyasf the Center's viral diseases branch said a
"significant" . outbl'eak of Port Chalmers flu is expected in all
parts of the country except the midrAtlantic and northeast
regions -
Port Chalmers, initially isolated lait year in New Zealand,
Is a Type A strain similar to the London flu which swept the
S in late 1972 and early 1973, causing more than 1,000 deaths
a week at its peak in February 1973 i Corey said it is much
deadlier than the Type B .flu which swept the nation last
V. nt er
('orey refused to speculate on the numb - er of deaths which
Nixon condition
LUNG BEACH. Calif.
UPI The blood clot in
former President Nixon's
right lung has grown smaller
and there is no.evidence of
11Cu clots, hiS doctor said
c,,terda,
Tile favorable bill of health
!non l)r John Lungren
tulipxs ed his earlier statement
that there was a good chance
for \ nun's release from Long
Beach Memorial Hospital by
the end ot the week
Lungren also - has said that
he tinnier President may tae
\%ell enough to give a written
deplisition in the Watergate
o% crap trial. %%Inch began i}t
\.i.ilington yesterday. to two
three weeks
But Ni‘on's condition was
ud to he serious enough to
pre% ent his_ personal ap
pearance at 'the trial for at
least one month and possibly
three months becauSe of
restrictions on travel which
t mild aggravate his phlebitis.
In his daily medical bulletin
esterday. Lungren released
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four findings based on a lung
scan of Nixon that w•as
completed Monday:
"I. Evidence of partial
resolution of the clot in the
right lung a hospital spokes
man said the partial resolu
tion means that the clot,
which has once covered a
dime-sized area of Nixon's
lung", had grown smaller.
"2. No evidence of any
additional fresh embilli in the
lungs.
"3. Analysis of the data
from the initial and latest
lung scans indicate that the
pulmonary embolus probably
)ccurrid about two weeks
,
before his hospitalization
Ivhen he was seen in Palm
Springs for a flareup of his
phlebitis.
"4. The battery of
diagnostic tests is continuing
as we attempt to find the
basic cause for his original
non-traumatic phlebitis."
Nixon entered the hospital
Sept. 23 and had been treated
with both oral and in-
=ESE
might - result from the Port Chalmers outbreak, but noted
there are normally about 540 pneumonia and influenza deaths
per week in the United States during the three-month winter
flu season.
The Port Chalmers strain has a higher mortality rate
because it more often strikes adults than last year's Type B
strain, which mainly struck children who were more able to
resist the disease. Flu 7 xelated deaths were down sharply last
year because of the prevalence of the milder Type B strain.
Despite predictions of a flu epidemic, Corey said only about
nine million of the 45 million persons in the "high-risk"
category are expected to get flu shots this winter. He said the
flu vaccine, which is between 70 and 80 per cent effective, has
been updated to inclUde protection against the Port Chalmers
strain.
The high-risk group which shciuld be certain to get shots
include the elderly and the chronically ill, said Corey.
Corey said the Port Chalmers flu was widespread in
Australia and other soutrrn hemisphere countries last
summer, 'and several case =of the disease were isolated in
Georgia and Mississippi during the summer.
He said it is expected to hit the southeast, midwest, south
west and Pacific regions t}sis winter. The mid-Atlantic and
-northeast areas are not expecteU to be hit so hard because
they had outbreaks of Type 4 flu last winter..
The flu season normally rims from November to February
with the weather a major factor whether it comes early or
late.
reported better
(ravenous . anti-coagulation was being wheeled down the
drugs. hall.
lie was photographed Lungren said a formal
Monday by a UPI press confrence would be held
cameraman, I ,who snapped a prior to Nixon's discharge but
picture of a smiling Nixon gave no indication what day
shaking a patient's hand as he that might be.
, .
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V.lll then Wed., Oct. 901. 1974
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1.39
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Venezuela raises oil tax
to reduce'excess' profits
By United Press International
Venezuela yesterday took a $440
million bite out of alleged excess profits
made by American and other foreign oil
companies operating in the country,
applying retroactively a 3.5 per cent tax
increase called for by the Organization
of Petroleum Exp6rting Countries.
Mines Minister Valentin Hernandez
explained in a news conference that 4
Venezuela's aim was to cut into excess
profits made by such internationalhil
companies such as Exxon, Shell ffnd
Gulf, but in such a way as to avoid in
creasing prices for consumers.
As a result of the measure, Venezuela,
the world's third largest oil producer,
will collect 97 per cent of oil industry
profits this year, bringing its total oil tax
revenue to more than $9 billion.
Venezuela's 12 other partners in the
Organization of Petroleum Exporting
Countries applied the 3.5 percent in
crease for the last three months of 1974.
But the South American oil giant made it
effective for the entire year with a
whopping 18.5 per cent hike for the last
quarter.
Since the additional taxes on profits
for the first nine months of the year will
be on oil already sold to consumers,
BONELESS BOTTOM
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Boneless Round Steak Bottom Lb. 1.59
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Boneless Rump Roast .... Lb. 1.59
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. - ,
Hernandez said, the companies will not
be able to pass on the additional cost to
consumers.
Oil industry sources questioned on the
statement said they would have to ab
sorb the additional taxes for the first
nine months of 1974. An official source
said that the companies will undoubtedly
pass on to consumers the 3.5 per cent
increase for the last three months of the
year, "but they can't pass along
anything for the January—September
period." Hernandez discounted the
possibility that the U.S. government
would react adversely to the tax hike.
"The U.S. wivernment is looking into
the companies! excess profits itself and
will probably take some kind of action
too," he said.;
Hernandez said that company profits
per barrel, which had been 61 cents for
the first nine months of the year, would
be 21 cents under the new tax hike. -
Venezuela's per barrel share rose
from $8.83 to $9.06 as compared to an
average of $1.70 per barrel last year.
Exxon subsidiary Creole Petroleum
Corp., the country's largest producer
reported in July that its first-half 1974
profits were $81.3 million, up 7.1 per cent
from the first six months of 1973.
40-es. 41204 Wilt lith
tettle 7 7 Calm,
USDA Inspected WHOLE
Ribs of Beef
~~
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The Daily Collegian Wednesday, October 2, 1974-7
As a founding member of OPEC,
Venezuela had been expected to follow
the oil cartel's recommendation made in
September in Vienna to increase taxes
or royalty payments by 3.5 per cent for
the last quarter of the year.
The additional excess profits tax,
however, was kept secret until revealed
yesterday by the mines minister.
Hernandez said the decision to hike
taxes was made to counter world in
flation and to narrow the gap between
Venezuelan crude prices and those of
more costly Middle Eastern oil on the
U.S. East coast, its main market.
In Manila, newspapers reported China
will supply the Philippines with one
million tons of oil over the next year and
a quarter and the first shipment is
scheduled to arrive this week.
There was no government con
firmation of the reports of oil purchases
from China negotiated by Philippine
first lady Imelda R Marcos during her
10-day visit to. Peking last month.
The press reports said China will
deliver 250,000- tons of oil starting this
month until January. 1975. Next year,
China will supply the Philippines a total
of 750,000 tons.
WHERE ECONOMY ORIGINATES
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ounds of Beef
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• •
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