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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 14, 1967
Page
3
Trade Winds notes rates climb as corporations refinance short term loans with long term bonds amid wage hikes and rising costs. Analysts warn high rates squeeze profits and stocks while inflation pressures persist. Bank and brokerage views show cautious optimism fading as tax hikes loom.
AP report analyzes how Israel’s victory over Egypt could end Yemen’s civil war. Nasser’s strained economy and brutal fighting challenge both Royalist and Republican armies, with heavy casualties, gas attacks, and shifting Saudi and Egyptian involvement under the 1965 Jeddah Pact aftermath.
Some manufacturers plan a slightly cheaper line to keep wholesale prices steady. Women will have a choice as retailers adjust to market conditions and consumer demand.
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