Credit easing signals harmony between Fed and administration
The Federal Reserve Board eases credit by lowering reserve requirements as Johnson faced criticism for tight money. The move aligns with presidential aims to stimulate housing and consumer lending, while preserving board independence.
MENTIONED IN THIS ARTICLE
NEW York
Federal Reserve Board
William McChesney Martin
Martin
Jolson
Johnson
Federal Reserve
Market recovers ground amid heavy trading and Dow gain
The stock market saw strong volume as traders pushed prices higher with 11.91 million shares traded. The Dow Jones average rose 3.22 to 846.71 amid broad advances and few new lows, with Reynolds Metals and Avco among the most active movers in brisk activity.
MENTIONED IN THIS ARTICLE
Los
EdisBros
Oxford
New York Exchange
SidBrand
Neneibonds
Ava
Dow Jones
York Stock Exchange
CottahAd
Abbott
Mie Chun Ec Va
Elgin Watch
Wasa A
Railroads
See's
Pact
Sidonni Ag
ABC
EltraCp
ASV
Packard Bell Él
Sid
Adam
Embharl
Stan Warn
End Johnson
Aeroquip
Corey Ph
Erlelock
Alr Reduc
Peabc Pfl
Sterchife
Awd SterlQrug
I Carrier Co
EthylCorp
Hidlee Aeaee Bewe
Pennuit
Biam Va Sterlor Pfl
Siva Sa
Alberio C
Corrierg
Éta
Stevenjp
Asva
Corlerve
Lesa Us Evershorp
Piary
Altea Pw
Stiss
Mme
Allied
FairCom
Va Studebak
Alliedxid BS
Fair Hill
Ae SuburGos
AlliedMills
Cen Foundry
Fairmont
Aynids Mel Dutade
Dindede Pereev Peetesecee
Pennrol
Wisaay Lia
Allied Pd
Ie Centtiud
Ada
Steve Falstott
Ae Bi Feoporg
Allied Sir
Suachem
Fanstec
Heller
Sun
Wiest
Brunswick Ass
Sunasco
Sunos
Feaders
Y Inc Nm
Sunbeam
FedMog
Inc
Sundstind
Attea
FedPacc
Elce
Peer
Sunray
Amalia
Studebaker
Orta
Chemein
Salemmaen
Wwe
Vita
Chemway
Istory
Ashe Va Tampa
Os Vp & Cans
Dion
Hs Teledyne Tac
Thi
Ifla
Ae Texaco
bCa Voaland
Ptough
FMC Cp
Polorald
FoodFair
WA Poor Co
Texas
Ind
Chris Croli
Viva
Pre Chromtall & A
Wai Porter
Ae MeDon
Foxboro
Abia
Pseg Pfs
Elby
FreepSul
Zale
Sa McGrega
ThriftyOr
MeIntyre
McKee
Fullont
Clevent
Fuqua
McLouth
RY Optic
T&t
McNeil
GomSk Pfl
Saat
CallinAik
Ae Merckc
Meredith
mSugar
intBoker
MersChaple
T&f
Valga Tran
RCA
Sant
Buking
Interahists
MGM Ib
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Ralston
Associated Press
Iowa
Ranco Tn
Carrie
Raybestos
Tryidfa
Imetek Lo
RG Inc
MichGas
Royette
Twacen
VAP Inc
Raymond Ag
Ampex Corpua
Isicek
Roynier
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Sava
Tata
Ste Unit Ltd
Anken Chemsar
Comsat
Ariz Psv
Aa Ae
Armco
Unocal
We Republic Cp
Uocal
RepCorp
T.ta
Corp
Eae
Boia Gen Sig
Aaboil
Revion
Ana
Uniroyal
CanPw
MA G_SMind
Gen Tire
Cassocino
Genesco
Tchisan
Ie Gillette
Gimbels
Mas Corp Us
Ginn Co
New York
W. E. Heller
Reynolds Metals
Eastern
Reynolds
Avco
Tiger
Eastern Air Lines
Mack Trucks
Generals
Airline
Brunswick
Western Air Lines
Douglas Aircraft
Ford
Xerox
Texaco
Pan American World Airways
Pfizer
American Airlines
American Stock Exchange
Great Lakes Chemical
Aerojet-General
U.S. Treasury
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Business Mirror
John Cunniff
York
Vangomsk Piled
Ak Gavid Pistk
Stag
Iyépl
Tt&t
Itaeger
Aim Walter
Jimv
IsimWoit
daohnMon
Jalinsnd
Johnssve
Jon Logan
Joneshl
Torgens
Jostens
Fytoy Mig
Ort
Murer
Volonne
Manon
Mogsan
Montdut
MontPow
Montviard
Mooremcc
Marcelli fAnrse
Monlcrola
Lafuels
Rexall
Reyn Ides
Reyms Prase
Rheemm
Vatay Rheingold
RichMer
Riegel
Vis Riegel Text
RitterPfaud
Indust Valadus
Fata
Standard & Poor
Wouwne
Franingmara Ratarine
Ronson
Roper
GO Rover
Royccola
RoyOut
RyonAera
RyderSys
Usfars
Keebler
Trane Co
Rae
Mal Xennccott
van ValKy
Tnallead
Bede Moll Ltd
Notomas
Neisner Bros Repiyne
Nevada P .B¢ Mowbery
Creas
Newmont
ValGoodyr
GouldBal
GraceCo
Granby
Val CorGw
Crescent
Viel Crampton
ValCrouseHd
CrowCot
Sosic Inc
Crown Cork
ValGt Nor Ry
Sosic
CrownCk Pf
Gt West Fint Ofestig
Croc
Bea — Vaicts Corp
Sibe
Val Kresge
Greyhound
GrumAir
Yalcurt
Guiemo
Beckman
Bolaia
Lod Electron SectonDk
Vel Curtiss Yee
al Gutstout
Lae Gas
Bercher
Cutler Ho
Siva
Guuyeln
LaneBry
Beech LS
Valeyetopep
Don Riv Limaia Pears Badel
Dana Cp
lemisCo
LeedsNor
Doyracp
Bae Fendix
JonelFin
Leesona
Lehman
Jerman Leas
Dentisp
Haneste
Leonardr
Ieryliium
Gia
Denko
valHomne Ltd
Lofgis
SestaCo
DeSatoCh
Mord Wolk
Harris
der Steel
Morscocy
Agfting Tvght
Niog She
Hot Corp
DianoStr
Am 'Altronel Corp Ib
Norris Ind
Seing
DiGiorgio
Litton Pic
Nam Cor
Oisec
Livingsta Oi
MalHeli Coit
NorceniRy
Saab Va WollTier
VE . Orgwor
HellerWe
Landaoin
Noring PS
Abe
Ward Fés
Va Here Inc
WarnBro
Mdonnelley
HershCh Ha
Coral Corp Nslo Pw
WaarBr Pit
Yeats
Tna
BED Oy WaraPic
al Waite
Knoss
Bow Chem
Hiss Orc
Itou
Northrop
Eincerco
WarnLants Vo
Akl WickesCorp
Naris
Draper
Nartho Plas Bova
Vilwitisanta
Vinnie
Shiva
Deeytus
Ludlow
Wiseipw
Millenia
Norton
Ed WoshWat
Duke Pw
If HobartMe
Horwich
IG Ste
Witco Ch
UM Bay Snae
Jal Dunitay Mys
MOH
Electron
Duplan Corp & Bray
Wuckingham Nvf
Wametco
HallySpg
Bote
lucyEr Veen duPont Piss Tie
Woolwworth
Judd Co
Seema Sngtels
Wesco
Honeyw
Ogden Cp
Westest Tron
el Wrigley
MIDWG
Onla
Lwtigrey
Dymolnd
Tj Hooker
Madre
Okla Gret
SauMord
Dynamop
SouthPac
Westin
JunkRill
Opelike
South Ry
Xerox Corp
Magnavox
Orange
EOS Air
Man Shir
Twvalouth
Sporton Ind WaUnTel
Howmet Co
Sy Sa
Emovement
fOverTesa
Spartan Corp Wilgabk
Fekedak Vida
ModBay Adda
Gwensta
Sperry Hut al Westy el
Zoyre Corp
Cc Entenva
Mumif SS
Sperry Rand Wi Ie
Owenspla
Cal Finan
al Ups Co
Tosvers Aly
Sofeway
Stostd
Sos
SonFran
Saisiregp
Sondgus
A Sanders
Sangamo
Val soFenriy
Sovanah
Schealey
Schiey
Schering
Schick
ScottFore
Seavimat
Seageve
Sears Go
Sears Ree
Seeburg
Shatluck
ShellTra
Prias
Shell_Oil
Ale US Steel
Amer
Ualvopd
VonyiAld
WoanRoal
VanodCp
VanityFr
Verlon Asso Wal Vaep
Voep
VonGroc
Vorneda Inc Vsi Corp
Vulcan
Raybestos Inc
Remington Arms Singer
Singer Aircraft
Valve Corp
Warner
sEvora Francis I. Dw Peat & Co., Inc
Vons
Vem
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