Interest Rate Clash Tops By SAM DAWSON
The Federal Reserve raised the basic rate to 4 percent and many banks followed with 5 percent prime loans. Analysts differ on impact with fears of higher consumer borrowing costs and slower business expansion, while some say tax deductibility offsets much of the rise. If borrowing costs rise, companies may delay capital spending and inventories, possibly pushing up prices and delaying public works financing.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
New York
Federal Reserve Board
Treasury
Federal Reserve
Mortgage costs push U S interest to twelve billion
The Treasury must borrow more to cover a growing deficit and annual interest now tops twelve billion dollars. Building and sale of new homes have slowed, and higher mortgage costs could further limit buyers.
MENTIONED IN THIS ARTICLE
U.S. Treasury
Ten Tons of Cement Bring Christmas Cheer to Vietnamese Orphans
A U S Army helicopter crewman and local Ohio businessmen arranged 200 bags of cement at cost for a Vietnamese orphanage near Saigon. The cement funds came through a Columbus train gift drive, aided by Southwestern Cement Co and Columbus Coal and Lime Co.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
U.S
Viet Nam
Jim Askren
55Th Helicaster Company
Saigon
Askren
James Sr
Bellefontaine
Ohio
Ashren
Southwestern Cement Co
Fairborn
Dayton
Chamber of Commerce
State Fairgrounds
Southwestern Cement
Columbus Coal and Lime Co
Freeman Urges Conservation as National Goal
Secretary of Agriculture Orville L. Freeman argues that productive land clear streams wildlife and water can define a prosperous America. He urges making conservation the art and science of using resources to serve all people.
MENTIONED IN THIS ARTICLE
America
Secretary of Agriculture
Orville L. Freeman
McClung Pharmacy Ad Cards Brand vs Generic Drugs
A pharmacy ad defends brand named drugs against generic discounts noting a survey finding over 3 percent of unbranded drugs substandard compared with first class brands. It promotes McClung Pharmacy at 109 Grant Ave offering friendly, fast prescription service.
MENTIONED IN THIS ARTICLE
Grant Ave
McClung Pharmacy
Also Mentioned on This Page
Fed
Foge
Garden City Telegram
Ridetir: State Bank
Tembera
Fidelity State Bank
Ralph McClung
Sears
Fansler's, Inc
Walters Motor Co
Renick
Meschke
Men & Boys
Duckwall
Garden National Bank
Garden 1
City Co-op
Fidelity St State Bank
Ideal Food Store
Geier | Electric, Inc
Penny Cleaners — John's Furniture
Ehresman Phg
Navrat's Office Supply
Robert Mitchum
Myrna Loy
Red
Cstrerie
Bobekart
W. Maple
THE
Federal Deposit Insurance Corporation
the Fidelit
Fidelit Byate Bank
Pfanuts
Mickey Mouse
Biggt Walt
Pluto
Snuffy Smith
Howdy
Snuffy
Steve Canyon
Nyo Vauk
Etta Kett
Wingey
Ryatts
Blondie
Missy Ryatts
Missy
Tural Ghasti
Beetle Bailey
Ely
Nou, Unie
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