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Baytown Sun in Baytown, Texas

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Aug 10, 1969

Page

5

Mixed reaction to Nixon welfare plan sparks debate

Officials from federal to local levels praised Nixon welfare reform and revenue sharing while expressing guarded hope. Republicans lauded the plan as enlightened policy, yet Democrats and city leaders warned cities would miss benefits. Critics said reforms fall short, though some urged broader income guarantees.

Washington Nixon Jack Miller R-Trowa Ohio James A. Rhodes Daniel J. Evans Senate Hugh Scott Pennsylvania Whitney Young Jr National Urban League Young

Baytown Sealed Bids Sought for Demolition Projects

City of Baytown invites sealed bids in duplicate for demolishing buildings at Ferguson Street Main Street East Texas Avenue Maplet on August 2. Bids must be received by 3 00 p m at the City Clerk office. Purchasing Agent details available at City Hall Market Street.

Boders City OF City Hatch Gon Cooke City OF Bay

Sealed bids invited for various equipment and a pickup truck

The Lee College District in Baytown Texas invites sealed bids by August 15 1969 for an Autoscan Analyzer Electronic Instrumentation Equipment Plastic Welding Equipment and a pickup truck. Bids opened in the Comptroller Office Lee Drive Paytown. Specifications available by calling the Comptroller. The Board of Regents may reject any or all bids or accept the most advantageous bid. Alvin W Miles Comptroller.

Et College Boxell Baytown Texas Slis Ne Comptroller’s Lee Drive Paytown Comptroller Board of Regents

U.S. Not Concerned By Devaluation Of Franc

New York AP report explains that France devalued the franc with little immediate impact on the U.S. dollar. The Treasury said the move is accommodatable within current exchange rates while analysts foresee mainly internal effects in France. SDR issuance at IMF meeting could stabilize world trade.

New York United States Treasury Department Kevin Winch Rinfret Boston Associates France America Germany Edwin A. Reichers First National City Bank Reichers Britain Richard Kaufman Chase Manhattan Bank Winch International Monetary Fund

Views On Tax Cuts Divergent

The NYSE opposes the House bill’s capital gains tax changes for securities, predicting less reinvestment as holdings extend to one year. Bankers and brokers doubt the reform will affect individual investors, noting typical stock holdings span six to eight years and that the impact may be limited. The bill moves to the Senate for hearings after summer recess.

NEW York House of Representatives New York Stock Exchange House Senate Finance Committee NYSE

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