Year’s End District Economy Shows Broad Strength
The January Federal Reserve Bank of Atlanta Monthly Review reports Sixth District states Alabama Florida Georgia Louisiana Mississippi and Tennessee showing rising employment spending and income. Construction gains, strong farm cash receipts, higher time deposits and debt growth, and higher rates on deposits accompany improved manufacturing payrolls and lower insured unemployment.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Atlanta
Federal Reserve District
Alabama
Florida
Georgia
Louisiana
Mississippi
Tennessee
Travel Year For LBJ
President Johnson faces a busy travel year as he recovers from surgery and plans to reach voters nationwide. He hopes to visit Western Europe and Latin America if opportunities arise while Congress handles a new slate of programs. Public polls show an approval above 60 percent despite a post surgery lull.
MENTIONED IN THIS ARTICLE
Frank Cormier
Washington
Johnson
Congress
Viet Nam
Dominican Republic
Europe
Latin America
Soviet Union
London
Winston Churchill
White House
Hawaii
L N Reports 1965 Carload Increase and Freight Breakdown
Louisville and Nashville Railroad shows a 3.7 percent rise in carloadings for 1965 versus 1964, totaling 1,864,728 revenue freight carloads. Coal led with 534,893 cars, while grain livestock coke ores forest products and others accounted for 707,844 and 621,901 from connecting lines.
MENTIONED IN THIS ARTICLE
Louisville
Louisville & Nashville Railroad
Fruehauf Sells Strick Division to New Trailer Concern
Fruehauf Corp sold its Strick Division to the newly formed Strick Trailer Corp for 39000 dollars. Strick, headquartered in Fairless Hills Pennsylvania, was acquired by a group of Strick executives backed by Prudential Insurance Co and other lenders. The FTC had ordered divestiture of Strick and Hobbs units in 1955 and approved the Strick sale while seeking dismissal of the Hobbs divestiture in Chicago courts. Grace cited a substantial capital gain and moderate appreciation of Fruehauf's investment.
MENTIONED IN THIS ARTICLE
Detroit
Fruehauf Corp
Strick
Strick Trailer Corp
William E. Grace
New Corporation
Prudential Insurance Co. of America
Fairless Hills
Penn
Grace
Fruehauf
Federal Trade Commission
Hobbs Manufacturing Co
Fort Worth
Tex
Hobbs Trailer Equipment Company
Dallas
Circuit Court of Appeals
Chicago
Hobbs
U.S. Savings Bond Interest Hike Expected
Treasury announces an impending rise in U S savings bond interest to the maximum 4% with no congressional approval. Fowler cited Johnson order aimed at supporting bond sales as other rates move higher, while officials noted market competition from bank and loan rates.
MENTIONED IN THIS ARTICLE
C. Yates McDaniel
Washington
U. S
Secretary of the Treasury
Henry H. Fowler
Johnson
New York
Fowler
Grace
White House
Senate
Clinton P. Anderson
Dn.m
Eugene J. McCarthy
D-Minn
Senate Finance Committee
McCarthy
Also Mentioned on This Page
Board of
Federal Reserve Banks
Associated Press
the World
Decatur Daily
Decatur
City & State
Shecks-Geverls
L&n
U.S
Maine
Continental
United States
Sears
Kenmore
America
Gateway Shopping
Houss
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