Economic Growth Prompts 1965 Outlook Revision
Government economists foresee a 1965 GDP rise to about 672 billion with a peak near 710 to 735 billion by 1966. They warn inflation risk from Viet Nam spending, rate hikes, and strong consumer demand while balancing payments and exporting dollars abroad. The Fed raised discount rate to 4.5 percent amid a peacetime boom context.
MENTIONED IN THIS ARTICLE
Adren Cooper
Washington
Viet Nam
Federal Reserve Board
Johnson
Federal Reserve
U.S
Free Christmas Ride for Crippled Children in Boston
About 50 crippled children from the Industrial School for Crippled Children are set to join a free one hour Christmas party flight from Logan Airport. The trip is part of a broader New England program, supported amid rising tax receipts due to higher personal and corporate incomes.
MENTIONED IN THIS ARTICLE
Boston
New England
In l
Logan Inter
National
Anonymous Gift Helps Greenwich Welfare Feeds Needy
Greenwich Department of Public Welfare received a $5,000 anonymous donation to entertain and feed needy persons during the Christmas season.
MENTIONED IN THIS ARTICLE
Greenwich, Conn
Greenwich
Department of Public Welfare
Loneliness blamed for the frug on campus symposium
A Columbia University faculty member suggests that loss of sepa ration leads to dances like the frug. Gerald Sykes argues the frug centers on ego, not sex, and can be a defiant solo gesture amid a homogenized world. He spoke at a symposium on the technological society at Center for the Study of Democratic Institutions.
MENTIONED IN THIS ARTICLE
Santa Barbara
Calif
Columbia University
Gerald Sykes
Sykes
Columbia
Nathan Rotenstreich
Hebrew University of Jerusalem
Bloy
Rotenstreich
Easter Airlines Donates Flight for Youngsters Luncheon
A flight donated by Easter Airlines will be piloted by a volunteer crew. After landing, a luncheon at the terminal will treat each youngster to a custom ice cream sundae crafted to the child’s wishes.
MENTIONED IN THIS ARTICLE
Easter Airlines
Texas Rails Shared Prosperity Amid 1965 Growth
Texas railroads showed rising income and expanded freight facilities in 1965 while passenger service declined. Nine months results show net income totaling 13.5 million, up from 1964, with freight revenue up 2.4 million to 297.3 million and passenger revenue down 1.5 million. Major lines such as Southern Pacific and Santa Fe posted mixed gains and losses, and rail infrastructure from Dallas to Fort Worth and Houston saw extensive modernization and track upgrades totaling billions in maintenance and new equipment.
MENTIONED IN THIS ARTICLE
Austin
Texas
Nise
Southern Pacific
Santa Fe
Texas & Pacific
Missouri Pacific
St. Louis & Southwestern
Dallas
San Antonio
Fort Worth
Houston
Tex
Arkana
Arlington
Odessa
Roanoke
Silat Point
Mobil
Marshall
Also Mentioned on This Page
Christman the
Neeper
Jaye's
Package Store 1700 North Main
Bayfort Construction Co
Evelyn Jones
Bill Roark
Danny McHugh
Silas Moore
Brigitie
Brigitte Bardel
France
Micules
New York
Kennedy International Airport
Texas Rails
Cheryl Katy Glennette
Bea Betty
George Mullens
ENCO
Tommy Scarborough
North Main
Walgreen Agency
At Rears Rears Agency
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