Investor’s Forum World Money Market Astir
The British pound devaluation and Bank of England rate hike pull a ripple through US finance. Federal Reserve discount rate rises shift costs to banks, boosting loan pricing. Big New York banks with billions in demand deposits stand to gain. bank stock appeal grows as profits and dividends rise. The writer forecasts a 1968 bank-stock bull market and notes unlisted stock trading among major firms. He also mentions his own bank investment and loans. Congress probes travel penalties and Carmichael passport seizure.
MENTIONED IN THIS ARTICLE
Harry C
France
Bank of England
United States
Federal Reserve Banks
America
Atlantic
Pacific Ocean
New York City
New York
Federal Reserve Bank of
U.S. Leads in Ocean Resource Tapping and Budget Talks
AP report notes the United States has a large edge in tapping ocean resources while Sargent Shriver seeks 4.16 billion over two years amid potential funding cuts. Congress moves on pay hikes for federal workers as a 4.1 billion cut is approved. Vietnam combat continues with shelling north of Saigon and casualties.
MENTIONED IN THIS ARTICLE
United States
Antipoverty
Sargent Shriver
Senate
Ft. Knox
U.S
Congress
Nelson A. Rockefeller
Vietnam
Saigon
Pentagon
Johnson
Legal Reform Effort Aims to Help Poor in Court
Van Voast explains the program’s goal to use test cases for reform and protect poor litigants. The office, at Pine Tree Legal Assistance, 156 Danforth St., Portland, offers aid by mail or phone for eligible emergencies, though Van Voast is not always available Monday mornings.
MENTIONED IN THIS ARTICLE
van Voast
Pool Street
Pine Tree Legal Assistance
Danforth St
Portland
Quality November At Butler's Of Biddeford
In the men's department at Butler's of Biddeford sweaters and ski jackets are big sellers as quality women’s and children’s wear moves briskly. Manager Jack Gibson notes strong business due to favorable weather and rising employment across the area.
MENTIONED IN THIS ARTICLE
Butler’s
Biddeford
Jack Gibson
Gibson
Lava Hardens Into Rough Rock Known as Aa
A geological note explains that lava which cools and becomes rough, jagged rock forms aa. The term describes the lava’s viscous flow creating a coarse surface texture.
Also Mentioned on This Page
Investor's Forum
Astir
Stokely Carmichael
Carters
THE
Associated Press
Washington
London
Giuseppe Coppola
Coppola
Julius Resnik
SHOP
Washington & Jefferson Sts
Washington Street
Biddeford Savings
Main Street
Merchants Committee
Biddeford-Saco
Chamber of Commerce
Country Suede
Orion
Suedelander
Bates
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