Fowler Named Treasury Secretary Amid Economic Worries
Washington reports Henry H. Fowler steps into the Treasury as C. Douglas Dillon leaves. Fowler faces cutting unemployment without inflation and stabilizing the world monetary system to fund growing trade. Dillon warns of a viable path for gradual tax cuts and moderates deficits while stressing a strong economy outlook.
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Washington
UPI
Henry H. Fowler
Secretary of the Treasury
Fowler
the Treasury
White House
Dillon
Army Mapping Earth With Space Satellites
The Army reports a three satellite earth mapping system in orbit from Vandenberg AFB California. Two satellites travel west to east and one orbits east to west, aiding precise landmark pinpointing in Okinawa and Ryukyu islands. Data will refine distances between major cities and assist targeting in remote areas for ICBMs. The trio use Secor technology for sequential range collection. Interstate tax pact approved in Congress sets terms for taxation of motor fuels used by interstate buses.
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Washington
Army
Earth
Pale
Globe
Vandenberg Air Force Base
Calif
Okinawa
Ryukyu
San Francisco
Honolulu
Denver
Red China
United States
Secor
Congress
UPI
House
Maine
Massachusetts
New Hampshire
Pennsylvania
Maryland
District of Columbia
Woolco to Open 26 Full Line Stores This Year
Woolworth Co. announced plans to open 26 Woolco full line department stores in 1968 and early 1969. Chairman Robert C. Kirkwood spoke before the New York Society of Security Analysts, noting Woolco sales currently exceed a rate of 100 million dollars a year and aim for 300 million by 1970. A Woolco store also opened in Memphis, bringing the total to 17.
MENTIONED IN THIS ARTICLE
New York
UPI) Co
F. W
Woolworth Co
Searly
New York Society of Security Analysts
Robert C. Kirkwood
Woolco
Memphis
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C. Douglas Dillon
Dillion
the Eagle Daily
Kennedy’s Butter and Egg Store
J. J. Newberry
North Street
Tel
American Association of Newspaper Representatives
ASTER
Cotton Blossom
Seersucker
Daisy
Lace
Othe
Dacron
Polyaster
Rayor
Women's Wear Department
General Electric
Jewel Elgin