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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Oct 23, 1964
Page
2
The piece argues profits drive investment, expansion, and employment while noting public misconceptions about profit levels. It cites Robert G. Dunlop on profits rising slowly relative to income and GNP, stressing that sustained private investment hinges on adequate profits, or jobs and opportunities may shrink.
Keith Funston, president of the New York Stock Exchange, writes in the Commercial and Financial Chronicle that capitalism will continue to evolve. He forecasts 1989 investor numbers rising to over 45 million from 17 million in 1962, with goal of 50 million in 25 years, greater daily turnover, and more than a third of listed stocks owned by financial institutions. He expects expansion in exchange services and member-firm offerings as a key theme.
Forty years after the 1924 Army Air Service round the world flight began, it proved world air travel feasible and boosted U S aircraft industry. It spurred Pan American’s expansion and the dream of crossing oceans by air, now realized at great speeds and altitudes.
Roger E. Spear discusses a California couple in their forties seeking long term growth and tax considerations. He recommends balanced taxable and tax free options, suggests specific stocks such as Avon Products and Procter Gamble, notes Dreyfus Fund and SM stock issues, and advises shifting funds into life insurance shares like Commonwealth Life for tax efficiency and growth. He emphasizes holding growth stocks to combat inflation and endorses a $25,000 initial, $25,000 later investment strategy based on risk tolerance and tax bracket.
A column debates agricultural subsidies, praising Van den Haag's plan to cut subsidies and arguing that subsidies tax poorer Americans to aid richer farmers. Mentioned is Goldwater's stance and Reader's Digest study on subsidy costs, with calls for reform yet not elimination.
A compilation of quotations from anonymous readers, business leaders, editors, and citizens commenting on money, media, marketing, editors, smoking, and rural subsidies. It discusses the allure of thrills, the value of a profit, editorial self-scrutiny, campaign opportunism, and a critique of government farm subsidies as a path to sustain young farmers.
The piece links vandalism to mob psychology, listing examples from a Tarentum News column by George Stuart and noting vandal raids on a cemetery, a church, Detroit libraries, and suburban homes. It argues vandals are idle, crave power, and lack achievement, urging readers to study cases for forewarning and moral enforcement.
A rambling health note argues that conversation spray is a chief cause of common respiratory infections, outlining transmission via droplets from coughing and talking. It lists diseases and reflects on public perception, followed by a clipped editorial voice about policy and politics and a closing note from Dr. Brady.
A speaker recalls bringing fruit, books, and flowers to brighten a hospitalized woman. She asks for prayers, noting she trusts God will understand if prayers aren’t detailed. The exchange ends with a plea to keep her faith from failing.
A reverent description recalls the final touch of a church steeple, ornate and slender, raised with an emblem at the apex. Prayerful onlookers feel the hush as the cross is elevated, praising God and the architect of creation in a solemn, devotional moment.
New York Dispatch says Cities Service Co. announced its Colombian subsidiary will build an automated gas processing plant for the Payoa Field in the Magdalena Valley. Initial capacity set at 49 million cubic feet daily, increasing to 56 million. Operation expected by 1965 with minimal on site personnel.
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