Wall Street Faces Public Confidence Test Over Paper Mess
In New York AP reports fear that public confidence is being strained by a Wall Street paper mess. Regulators and exchanges push reforms such as Central Certificate Service and five day week changes as firms struggle with backlogs and inside information issues. Victoria Barkley subplot appears irrelevant to main financial item.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Cunnifp
Robert Haack
New York Stock Exchange
the Stock Exchange
Central
Chicago Must Buy Garbage
Chicago begins a three month test of an experimental garbage press and seeks to purchase 2000 pounds of corrugated boxes 1000 pounds of newspaper 600 pounds brown wrapping paper 350 pounds waxed milk cartons 600 pounds dry magazines 250 pounds junk office mail 150 pounds tissue paper 1100 pounds tin cans and 400 pounds aluminum cans.
MENTIONED IN THIS ARTICLE
Chicago
UPI
John Ward
Social Security Tax Rises Again in 1969
New York reports the 1969 first paychecks include higher Social Security taxes for workers and employers. The wage base rose last year and the tax rate increases to 4.8 percent for 1969, with higher future caps and rising combined tax burdens across federal, state, and local levels.
MENTIONED IN THIS ARTICLE
New York
Washington
Investor's Guide Advice on Stocks for a Seven Year Plan
The columnist advises a single woman seven years from retirement to favor growth stocks from solid, long–standing companies and then shift to income stocks later. Brokers may push mutual funds or high commissions. choose personally, avoid hot trading, and consider buy and hold quality issues.
MENTIONED IN THIS ARTICLE
Sam Shulsky
Also Mentioned on This Page
John Cunniff
Mates Mutual Fund
Mates
Ical
Exchange
Securities and Exchange Commission
Haack
Exro
Victoria Barkley
Big ‘Valley
Kcrg-Tv
By Sylvia Porter
the Investor's Guide
Shulsky
By Joe Fischer
Sikes
Merchants National Bank
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