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Daily Review in Hayward, California

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Daily Review

Location

Hayward, California, United States of America

Date

Jan 08, 1968

Page

4

Treasury Secr hints lower tax hike possible

Washington AP report notes Henry Fowler opened the door to a possible smaller tax hike while reserving judgment until the Ways and Means hearings resume Jan 22. He argued a 10 percent surcharge was good insurance to curb deficits but warned the Vietnam war adds to the balance of payments gap. Proxmire urged withdrawal of four of six European divisions to cut costs, while Katzenbach reported broad European support for Johnsons tax plan as a quick inflation shield.

Washington Treasury Henry H C Fowler Lam Johnson Fowler United States U.S William Proxmire Europe Western Proxmire Joint Economic Committee CBS Metromedia Nicholas Katzenbach Tne Heolf Kalyenbach Tn Bonn Germany Johnsot Kurt George T Kiesinger Bonn

Surveyed Industries See Big Advances This Year

Washington AP report notes the Commerce Department's U.S. Industrial Outlook 1968 finds about two thirds of 86 major industries predicting 5 percent or more gains, with seven sectors ahead of 10 percent. Automotive and civil aircraft lead, while railcar building declines. Transportation equipment rebounds from the Ford strike, copper can mill products rise 18 percent, and aluminum cans up sharply while steel can manufacturing grows slowly. Photocopying sector expects a 120 percent sales lift as five-year trends continue.

Washington Ue Commerce Department Department U.S

New York Stock Exchange Selection Report

A brief note from the New York Stock Exchange outlines a selection or status update with minimal readable details. The fragment mentions New York and presy in a cryptic form, suggesting a market or listing action without explicit outcomes.

New York Mere York Exchange

Greeting Cards Spend Years In Preparation

Goeller, a University of Wichita journalism graduate, discusses card production costs and pricing. He notes most cards are inexpensive with $5 studio cards selling well to teenagers. The everyday card takes about a year to prepare, covering birthdays to anniversaries. Topical and political cards are planned, with new lines after conventions. Goeller has authored thousands of greeting cards and contributed to the industry.

Stern Jealler Wichita Goeller

No-load funds versus loaded funds revealed by a trader’s guide

A reader explains mutual fund costs and investing tactics. No-load funds save commissions, but expense ratios vary. large funds often have lower ratios. The piece cites Johnson's Investment Company Charts and Wiesenberger as sources for fund expenses, with a simplified example showing a $5 annual expense on a $1000 stake, and cautions readers against sales pitches.

Johnson Wiesenberger Mutual XYZ Mutual Fund

Peace Hope Aids Rally On Market

New York reports a market rally as stocks rise early Monday with the Dow up 5.26 to around 6060, and the Associated Press average up 1.7 to 326.4. Traders weigh Vietnam peace prospects and possible labor strikes affecting steel demand. Industrial shares lead gains while rails hold steady and utilities advance modestly.

New York Wall Street Vietnam Associated Press

Wall Street reacts ahead of Johnson State of the Union

NEW YORK UPI Hertz Neumark Warner says the market likely won’t take a definite direction until President Johnson delivers the State of the Union and budget messages later this month. Investors are advised to build purchasing power reserves to participate on a flexible basis in any new trends after the White House messages. Amoll Baler Co. calls the mood cautiously optimistic as policy shifts push some new commitments.

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Stoker The Broker Update Confuses Market Watch

A brief market note reports Stoker the Broker with unclear details and contradictory signals as prices moved unexpectedly. Officials cautioned traders to monitor further developments and verify quotes amid fluctuating activity.

Dividends Declared by Warley Company in Recent Session

Dividends were declared at the Warley Company meeting held recently. Officials announced distributions to shareholders and outlined the upcoming payment schedule.

Writer Reveals Lax Truck Security and Theft Tactics

Washington based article outlines how a magazine staged truck thefts to prove lax security in the trucking industry. Neil Regeimbal and an accomplice walked through an open Chicago terminal gate, started a loaded tractor trailer, and exited within 10 minutes. Regeimbal cites a second, loosely organized crime faction of Greek heritage profiteering from stolen goods, with an estimated 1 in 200 trucking workers complicit.

Washington UPI Neil Regeimbal Chicago Regembal Fegeimbal Regcimbal Cosa Nostra Regeimbal Underworld

Also Mentioned on This Page

Kiesinger West Germany Marahers Henry H. Fowler N.Y. Stock Exchange William BD Laffler the Daily Investor William A. Doyle Mdtead Mutual Irte Peace Hope Wall Street Charter Stoker Raliv Udit Associated Preys Bey Reis Fed. Uni Fam. Ly Val Nora Daca Rae Xin Ie Tsun Fremont Ted
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