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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 29, 1968
Page
5
Washington AP reports President Johnson's 186.1 billion unified budget includes trust fund outlays for the first time totaling about 47 billion. The move aims to show total federal spending and tax effects, reduce gimmicks, and unify receipts and outlays across funds.
President Johnson outlines a tough 1969 budget with higher taxes to fund defense urban renewal and crime control while proposing long term reforms and a new Mars mission launcher set for 1973. He stresses shared sacrifice and the need to adapt federal programs to changing social and economic realities.
Sam Shulsky advises investors in midlife to rebalance toward income securities when current needs rise. He notes most listed stocks favor long term growth, with some speculative and dividend‑free issues. He plans to send a list of income stocks and asks how much to switch into them to meet higher expenses. Brunswick is questioned for not paying a dividend.
A fragment hints at a dividend trace dating from June 1963 and mentions trading activity and a mall event. The garbled text references a column and an unclear entity set, offering little actionable detail beyond possible financial history and a public notice context.
In Minneapolis AP report Vice President Hubert Humphrey and Senator Eugene McCarthy may be among Minnesota's 62 delegates to the Democratic national convention. Aides indicate both are prepared to back the other for seats on the state delegation which has 52 votes.
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