Tax Cut Helps Drop U.S. Unemployment to 4.9 Percent
Washington reports two Johnson advisers say the 11.5 billion tax cut is lowering the jobless rate. The decline to 4.9 percent supports early administration forecasts. Senate passes stock reform, corporate overseas investment in 1964 seen rising 14 percent per McGraw-Hill. American manufacturers lead overseas capital spending, with autos and transportation details highlighted.
MENTIONED IN THIS ARTICLE
United Press International
Washington
UPI
Johnson
Walter W. Heller
President's Council of Economic Advisers
Senate
New York
McGraw-Hill Inc
Stock Prices and Close at Market Update
Quotations from Thomson & McKinnon show yesterday’s close and national bid and offer figures. Listings include major corporations such as IBM General Electric Ford United States Steel Texaco and Westinghouse with approximate volume at close around 3,180,000 shares.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
American Tel
Alcoa - Conisal
Balt, Gas & Elec
Beth
Steel - Brunswick Chrisier Container
Dowte Dupont
Eastisan Kodak Ford General Dynamics
Seneral Electric
General Motors
Goodyear
Inter
Harvester Johns
Manville
Homestake
IBM
Minnesota Mining
MIT
National Gypsum
National Tile
New York
Norfolk Western Pennsylvania
Pierce Industries
Radio Corp
Sears Roebuck
Southern Co
Sperry Rand Af
Standard Oil of
N. J
Ind
Blt
Swift & Co
Texaco
Text
Union Carbide
U. S. Steel
Westinghouse - Dow Jones
Shares Take Recovery Turn on Wall Street Rally
Fear of a broad international crisis eased, lifting stocks after Thursday losses. The Dow Jones average rose 5.76 to 829.16 as industrials and utilities advanced, while volume on the New York Stock Exchange reached 1.11 million shares. Cattle and hog markets posted steady or mixed figures amid ongoing trading in leather and metals.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Dow Jones Industrial Archprettoceutes
Feicetein
International Atmosphere, Ltd
Low
Ford
CADY
U.S
Butcher Hogs Sell Strong on Friday Board
Hogs 4,000 head sold with butchers strong to 1.25 higher. Prices for 190-225 lb butchers 17.50-17.75 and 240-260 lb at 16.50-17.00. Sows 14.00-14.75 for 325-400 lb, 13.50-14.00 for 400-450 lb. Cattle and calves steady to higher as slaughter steers rise to 50 cents. Grain futures closed mostly firm with soybeans leading gains near two cents.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Board of Trade
Indianapolis
APY
Weaker Hog Prices Paid in Indianapolis Market Report
AP dispatch from Indianapolis notes softer hog prices with mixed lots at 16.00 to 19.00 and sows weaker. Cattle and calves show limited gains in steers and mixed demand. lambs firm around 21.00 to 23.00 with ewes scarce. Grain bids listed by local mills include No 2 red wheat at 1.25 and No 2 yellow soybeans at 2.20 per bushel.
MENTIONED IN THIS ARTICLE
Indianapolis
Gillette drops British price maintenance under new law
UPI reports Gillette Co. says its British subsidiary has discontinued retail price maintenance in line with a new British law banning the practice except where retailers request it. Dorothy Brevins Shoppe announces Annual Back Yard Rumage Sale Thursday through Saturday at 1102 E. 6th.
MENTIONED IN THIS ARTICLE
Boston
UPI
Gillette Co
Dorothy Brevins
Bruce Gets GOP Campaign Post
Washington UPI reports Rep. Donald C. Bruce of Indiana was appointed director of speakers activities for the Republican Congressional Committee. Bruce, finishing his second House term, was defeated in the Senate nomination bid. Chairman Bob Wilson of California praised his likely contribution to electing a Republican House this fall.
MENTIONED IN THIS ARTICLE
Bruce
GOP Campaign Post
Washington
UPI
Donald C. ‘Bruce
R-Ind
Re Publican Congressional Committee
House
House of Representatives
Bob Wilson
Also Mentioned on This Page
Nation
Emge
Vace
Muncie Livestock
Grain Futures Close Firm
GIANT
Seston Pepsi
Kennedy
GiGi
Geen
Molly Brown
PTUS
Rissone
Alus
China Cups
Saugers
China
Poplin
Tsi
Dupont
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