Bike boom may outstrip car market in America
New York report predicts bicycles will outsell autos this year with U S sales near 10.5 million units and about 90 million dollars in retail value. Industry notes a shift to geared lightweight models, adult riders, and strong overseas imports amid a long rising trend and citywide fitness and ecological motivations.
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Leroy Pope
New York
OPI
Tie Tievele Bucma
America
Ree Fall
Bieveky Manlactuer's Association
Ile Uf
Calimabia
Spyder
SleTbur
Avon, Schwitn
Bicwete Co
Chiceza
AMP
Hulinmnat
Dayton
Ohio
Mer Vay
Nashville
Fen
End Chain Bike Corp
Newe York
Aso
England
France
Daly
Germany
Jonah
Association
U.S
Hias
Export restrictions urged on sale of timber from U S
Washington AP report details calls by the National Poets Products Association and executives from Ya Kims and Toise Cascade Congress urging Congress to extend and tighten export controls on U S logs. They argue a 300 million to 350 million board feet ceiling on log exports from federal lands should continue through 1974 to protect domestic mills and jobs.
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U.S
Washington
National Poet Products Association
Congress
United States
Stephen B. Moser
Ya Kims
Wash
Toise Cascade
Fibreboard to Close Antioch Milk Carton Plant
Fibreboard Corp announced the Antioch milk carton plant will shut within 30 days. Thirty three employees will be reassigned as possible among other company operations, and plant equipment will be disposed of.
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Gan Francisco
Fibreboard Corp
Antioch
Fineaboard
Labor chiefs attack wage controls in Nixon era
AFL CIO leader Beirne and California AFL-CIO head Henning accuse President Nixon of favoring corporate profits with tame wage talk while prices rise. They cite union members funding political for the 1960s bid and urge labor to unite to defeat Nixon, noting broad differences among presidential candidates but focus on defeating Nixon.
MENTIONED IN THIS ARTICLE
Treasure Vou
John Crimally
John J. Henning
California
Afl-C10
Trent Toé
Nixon
Liice
European Gold Price Rises as Dollar Falls in London Markets
European gold prices climbed to about 63.75 dollars per ounce at opening in some centers before settling near 63.0, up roughly 1.55 from the prior close. The market mood reflected continuing BIS remarks on gold’s monetary role, with miners and related stocks showing gains amid renewed speculation.
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London
UPI
Vale of the Dover
Paris
Frankfers
Amsterdam
Ae Global
Morday
Bank For International Settlements
BIS
Gala
Old
Garmbler
JIS
Westerbanké Sre
Basel
Switzerhind
Wall Street Market Outlook Cited By Analysts
Wall Street chatter points to a summer boom with the market seen trading in a narrow range and potentially rising. Investment executives from Delaware Management Co and the Alexander Hamilton Institute forecast steadier economic tempo and a bright, if cautious, outlook for a rally after brief selling pressure.
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York
Upi
Doll
Lurheit Investment
Delaware Management Co
Alexander Hamilton Institute
Bat Yio Jong Tera
Thadds
Canada banks plan to cut short term rates
Canada’s major banks plan to lower their short term deposit rates from 6.12 to 5.12 percent to curb American capital inflows. Finance Minister John Leser announced in principle approval of reduced rates as Bank of Canada efforts aim to ease pressure on the dollar which has risen recently. He told the House of Commons that about 4500 million in short term loans had been drawn in the past year, and cuts could attract capital out of the United States.
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Outawa
UPI
Canada
Pon
Inday
Nation
John Yesner
Winnipeg
Man
Inter
Wpn
Tilcrer
House of Commons
Canara
Golden Tours opens Hayward facility in Nevada
Golden Tours launches its first facility in Hayward Nevada at 21849 Mission Falls. The operation will be managed by New York personnel and is planned to begin service in May. The company offers bus styles for passengers visiting Reno and Lake Tahoe gambling casinos. Contact number listed as 896-9011.
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Standard & Poors
Dines
Caltunia Nevads Golden Tours
Misesion Flys
Hayward
Mav York
Iaien
Reno-Lake
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