Inflationary pressures and stock market fears
In a discussion of rising deficits and dollar value, the piece notes that federal borrowing enlarges the money supply and that savers shift to stocks as inflation erodes buying power. It highlights high capital gains taxes and a cautious market, with examples of investor reluctance to sell amid an uncertain dollar outlook and potential tax changes. It also promotes a 1961 handbook on financial security by Harry C. France.
MENTIONED IN THIS ARTICLE
Washington
Uncle Sam
America
United States
New York City
Go Nl
American Telephone and Telegraph
B.G
Harry C. France
Biddeford-Saco Journal
Biddeford
Maine
General Features Corp
Youth Art Classes Start At Kennebunk
An art workshop for children ages six through eleven begins at 10 a m Friday July 7 at the New Art Center Workshop of the Brick Museum 4 Dane Street Kennebunk. The group will meet each Friday 10 a m to 12 noon through July and August under director Mrs Edwina Beilman, a veteran in children’s education.
MENTIONED IN THIS ARTICLE
New Art Center
Brick Museum
Dane Street
Kennebunk
Edwina Beilman
National League Baseball Standings and Games
The Associated Press reports NL standings with Cincinnati leading at 44 27, Los Angeles 42 30, San Francisco 39 30, Pittsburgh 34 31, Milwaukee 33 32, and Chicago 27 41. Results include Chicago 16 Cincinnati 7. San Francisco 7 Philadelphia 7 in 15 innings. Pittsburgh 9 Los Angeles 3. Milwaukee 8 St Louis 3. Upcoming schedules show Cincinnati at Chicago and San Francisco at Philadelphia, with various night games listed.
MENTIONED IN THIS ARTICLE
Associated Press
National League
W. L. Pet
Cincinnati
Los Angeles
San Francisco
Pittsburgh
Milwaukee
LAS iv
Chicago
Philadelphia
St. Louis
New Francisco
G.B. Wetrall
New York
Cleveland
Baltimore
Boston
Washington
Kansas City
Minnesota
Detroit
Maine Star Farmer of 1961 Named at UMaine Convention
AP reports George L. Mitchell, 20, of Thorndike, received a $200 award at the Maine Future Farmers of America annual convention at the University of Maine, earning Maine's Star Farmer of 1961. Also noted is Judy Arnsen of Thermal, California with a prize-winning ear of corn at Coachella Valley event.
MENTIONED IN THIS ARTICLE
FFA
CRONO
George L. Mitchell
Thorndike
Maine Future Farmers of America
University of Maine
Maine
Judy Arnsen
Thermal
Calif
Coachella Alley
Gene
Tooghe
Valley
Pair Booked For Theft Of Four Vehicles
James Thompson 19 of Biddeford and John Durfee 17 of Old Orchard Beach were booked for auto theft at York county jail after troopers recovered four stolen vehicles near an unoccupied Eliot farmhouse. A 16 year old Sanford youth faces juvenile court action.
MENTIONED IN THIS ARTICLE
James Thompson
Biddeford
John Durfee
Old Orchard Beach
York County
Alfred
Eliot
Sanford
Richard Jones
Donald Nichols
Parris Melver
North Berwick
Sanford School Street
Fights Last Night
Rome Rafiu King of Nigeria and Mario Vecchiatto of Italy fought to a draw in their bout. Fil Ravalo of the Philippines outpointed Adisak Kwaengmechai of Thailand. Journal Want Ads are helpful.
MENTIONED IN THIS ARTICLE
Rome
Rafiu King
Nigeria
Mario Vecchiatto
Italy
Drew
Manila
Fil Ravalo
Philippines
Adisak Kwaengmechai
Thailand
Fines Imposed At Kennebunk Court
Four traffic cases on Wednesday at Kennebunk Municipal Court. Philp J. Depasquale of Medford Mass paid a $20 speeding fine. Robert Lachance of Shrewsbury Mass paid $10 for passing on a bill. Frederick D. Brown of Philadelphia Pa paid $15 for speeding. Laurence W. Jordan of Mechanic Street Westbrook appealed to the September term of Superior Court after a guilty speeding finding. he pleaded innocent.
MENTIONED IN THIS ARTICLE
Kennebunk Municipal Court
Philp J. Depasquale
Medford
Mass
Robert Lachance
Shrewbury
Frederick D. Brown
Philadelphia
Laurence W. Jordan
Mechanic Street
Westbrook
Jordan Kd
Also Mentioned on This Page
Kakogawa Railway Station
Hyogo
Central
Japan
Toyko
By Harry C
France
Saco Electric
J. W. Neithercut & Sons
Storer Street
Saco
Electrical Contractors
Paul
Alfred Street
Atkinson
Gaias
York
Ben Bragdon
Rochester
N.H
Howard C. Soule
Ralph Goodwin
Daniel Sutton
THE
Boucouvalas Bros
Chuck Eavy Western
Golden
Swift’s Premium
U. S. Government
Franks
Amour
Vygal
Bessey
Cott Beverages
Redeem
Calif. Lopes
State Store
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