Parking Costs Burden Urban Drivers Across New York
A 1960s style column notes downtown New York garages charge 5 to 7.50 dollars monthly with typical rates 60 to 100 dollars. It predicts rising land and building costs will shrink street parking, shift to self service garages, and spur higher charges or even car bans in central cities. The piece cites the National Parking Association and envisions multiuse high rise facilities with surveillance and better maintenance. It warns the industry must adapt with trained planners or face drastic limits on private cars.
MENTIONED IN THIS ARTICLE
New York City
New York
U.S
Nat'l Parking Association
Washington
Hell’s Angels
NPA
Economist Sees Inflation and Unemployment Rise in 1970
Washington based National Planning Association predicts inflation will persist in 1970 with unemployment climbing to a six year high. Wilfred Lewis Jr forecasts a winter recession pause followed by a spring rebound aided by a tax cut and rising Social Security benefits.
MENTIONED IN THIS ARTICLE
Washington
Lewis
Nonpartisan Association
Spreads in Wheat Markets and Carrying Charge Logic
The column explains choosing March or May wheat futures by price spread and carrying costs. It details arbitrage behavior, profit potential, and when spreads will narrow. It also notes inflation and unemployment projections by Lewis and the Nixon administration’s budget impact.
MENTIONED IN THIS ARTICLE
Lewis
Nixon
Eurodollars: scarce high rate investment for Americans
Eurodollars command steep rates above 10 percent but practical access is limited for U.S. residents. Banks face policy limits and must move funds abroad via foreign branches, requiring large deposits and valid business reasons. Some Swiss banks may accept small sums, but overall participation is difficult.
MENTIONED IN THIS ARTICLE
U.S
Federal Reserve Board
Withholding Relief Takes Priority in Tax Bill Skirmish
Washington notes an urgent deadline as the House Senate Conference Committee begins drafting the final version of the tax reform and relief bill. It faces deciding withholding rates for 1970 and whether to keep current rates or craft a stop gap while terms are finalized.
MENTIONED IN THIS ARTICLE
Washington
Joint
Senate House Conference Committee
Conference Committee
House
Senate
House Ways and Means
Senate Finance Committees
Congress
Treasury Department
Treasury
Wilbur D. Mills
D-Ark
Conference
Exchange Seats Fall Sharply on Wall Street
New York and American stock exchange seats have plunged in price from historic highs as trading volumes dip. A seat on the New York Stock Exchange sold for 270000, down from 515000 earlier, while the American Exchange seat slid from 350000 to 150000. High computer and clerical costs pushed several firms to shed seats to raise capital.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
American Stock Exchange
Wall Street
Also Mentioned on This Page
Charles Harlow
Venture Research Company
Pine Avenue
Long Beach
California
Daily Investor
Charles J. Elia Q
Lion
United States
Candlewood
Jack Lalanne
Ou Ore UA i Spas
Lakewood
Torrance
U.S.A
Conede
Europe
Lomita
Hawthorne Bl
Torrance Bl
West of Hawthorne
Kelloggi
Scott's
Alamitos
Jack LA Lanne
European Health Spa
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