Dollar Slide Sparks Inflation Debate In 1960s Voice
The writer warns inflation erodes purchasing power citing First National City Bank data showing 27 percent annual depreciation in the dollar last year, compares global currencies, and argues that rising take home pay in the United States has outpaced inflation. He notes health care education pensions cars and TV spending rise alongside a booming economy, suggesting currency depreciation isn’t always felt as reduced real income.
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New York
First National City Bank
Britain
France
Germany
Trans
Greece
Guatemala
el Salvador
Colon
Venezuela
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Thailand
Franz Pick
U.S
Brazil
Argentine
Chile
United States
Saudi Arabia
Security Tight At Demo Meet
Officials prepare security for the Democratic National Convention in Chicago at the International Amphitheatre beginning August 26. Agencies involved include the Secret Service FBI Chicago police Illinois National Guard regular Army and Democratic National Committee. Plans address a lone sniper and possible mobs while a half mile fence with barbed wire and guarded manholes aims to deter trouble.
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Chicago
International Amphitheatre
Secret Service
FBI
Chienzo Police
Tinois National Guard
Regular Army
Democratic National
John B. Griswell
Democratic Convention to include record number of Negro delegates
Washington AP reports the Democratic National Committee projects 306 Negro delegates and alternates, 173 delegates and 123 alternates, with 100来自Southern states. Largest Black participation in a major party convention. Also included is a Baytown Texas public notice about a bond sale and related bidding details.
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Washington
Baytown
Texas
PA. C.D
aSeries
Dovead
Michigan
District of Columbia
Fara
Virgin Islands
Oehe Tly
Louisiana
S. Ton
Walen
Nates
Sara
Fows Martin
Amerges
Choeuial Committee
Atic
Delevere
Houston
Nereon
Old South
Nuit Martin
Ion
Pstor
Erie
Omov
Underwood
Neuhaus
United States
Travis St. Houston
Financial” Advisers
U S Steel to Buy Majority of Alside Stock in Ohio
U S Steel and Jerome J Kaufman announce an agreement for U S Steel to acquire a majority of Alside Inc Akron Ohio at 18 50 a share plus a 50 a share tender offer to all other shareholders around 66 days closing. A merger into a new U S Steel subsidiary is planned with remaining holders paid 19 50 a share. Consummation depends on government approvals. Kaufman will stay on under a long term contract. no management changes expected.
MENTIONED IN THIS ARTICLE
New York
U. S. Steel
Jerome J. Kaufman
Allside, Inc
Akron
Ohio
Kaufman
Allside
48 Flood Control Workers to Lose Jobs in Harris County
Harris County Flood Control will lay off 48 workers on September 1 due to lack of funds after voters defeated a 30 million bond proposal. Half the district’s salaries come from flood control funds. affected employees are in maintenance and construction, with early retirement offered and 10 transfers to another department.
MENTIONED IN THIS ARTICLE
Houston
Harris County
Tomford
Langford
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