Inflation a Clinical Look Death of the Inflationary Boom
A clinical report on the four year inflation boom argues the patient may die with persistent government restraint on deficits and credit. It traces origins to 1963, notes rising costs, high interest, and falling production, and predicts a slow decline with possible end in 1970.
MENTIONED IN THIS ARTICLE
George Hagedorn Chiat
Economistational Association OF Manufacturers
Tals Colusan
Esper
Happe
Esse
Per capita cost of government lower in Platte County
New York special reports a Department of Commerce study from the Census of Governments showing Platte County spends $149 per person on local services such as roads police health and administration. National figures are higher at $209 regionally and $290 in Nebraska with total U.S. outlays at $59.4 billion in the year. General per capita revenue in Platte is $484 versus $189 expenditures, with debt at $163 per person.
MENTIONED IN THIS ARTICLE
New York
Platte
S ‘Ncler
Department of Commerce
Platte County
Nebraska
Plate County
United States
Wnebrasna
Government loan rates rise to curb housing crunch
FHA and VA raise interest on government backed mortgages from 7.3 to 8.4 percent effective today. The move aims to attract funds into the mortgage market, slow the housing shortage, and support construction, with word from Housing Secretary Romney and VA Administrator Johnson. Existing loans remain at their original rate.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Housing Administration
FHA
Veterans Ldministration
V.4
George Romney
Donald E. Johnson
Romney
Robert Gray
Mortgage Bankers Association of America
Gray
Vete
PHA
Pr'ie
Finnish Auto Sales Rise in Early 1969
UPI reports about 240 automobiles sold in Finland in the first quarter of 1969, up about 13,300 compared with 1963. Over $40,400 in motor vehicles registered, more than half rivale cars. Dealers project roughly 30,000 yearly sales based on test quarters. Finland’s population around 4.5 million.
MENTIONED IN THIS ARTICLE
Helsinks
UPI
Finland
Marcos signs bank law to shield small depositors
Manila UPI reports President Ferdinand E Marcos signed a law to protect small bank depositors. The measure creates a 15 million peso fund to compensate those left unpaid when banks are closed by the Philippine Central Bank, following a previous bank crisis.
MENTIONED IN THIS ARTICLE
Manila
UPI
Ferdinand E. Marcos
Philippine Central Bank
Babson’s 1970 forecast for rates and growth sectors
Babson’s forecast for 1970 expects easing in money rates with modest mortgage rate reductions amid strong housing demand and postcrisis credit conditions. Short-term rates should fall as business slows, while long-term debt may ease slowly. The report highlights high quality bonds, preferreds, and convertible securities for income plus potential growth, plus bargains in oils, natural gas, construction, and selected tech and metals.
MENTIONED IN THIS ARTICLE
Ind
Treasury
Babson’s Reports
Turnpike origin from toll gate pike tradition
The term turnpike stems from early American toll roads where pikes blocked the way. After payment, the pikes were lowered or turned to allow passage, giving rise to the name turnpike.
When burglars hit your builder do you pay
A Virginia homeowner learns who bears theft losses on construction materials under contract types. The piece explains fixed price versus cost plus terms, owner insurance gaps, and why insurers do not cover site theft, with cautions for builders and buyers alike. It notes a weekend theft during garage construction and the resulting financial responsibility.
MENTIONED IN THIS ARTICLE
Richard Putnam Prattner
Virginia
Iunicorns
Also Mentioned on This Page
the Telegram
Columbus
Block
Federal
ELOY
America
Pershing Center
Babson
Wellesley
Iz Mis
Tong
Babson Organization
Babson’s
Texaco
Harlan H. Hoppestad
Tesa Antasssseses
Harlan N. Hoppestad
Texaco Inc
P.O. Box
Grand Island
Nebr
Slate
Philippines
Anaclelo B. Coronel
Gallioast Asia
S&h
Leonhard Conoco
14Th St
Ava
Reak Security
Equitable He & Loan Association
Bone
13Th Street
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