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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Feb 22, 1975
Page
17
Industry Week warns white collar workers lack automatic cost of living raises and will bear inflation pressure more than other groups in 1975. With profits down, firms may limit pay raises, though some may still raise wages to curb earnings erosion amid competition with unionized peers.
UPI reports inflation and recession push toy prices up 8 to 10 percent for 1975 as manufacturers seek at least a 10 percent sales gain. White collar pay hikes and merit raises grow amid cost pressures, with industry focus on proven sellers and cautious new product launches.
Ad promotion director Al Franken reports a fourth rise in attendance at the Long Beach Sailboat Show held at the Long Beach Arena. The event opened eight days ago and runs through the weekend with hours from noon to 10 30 p.m today and noon to 7 p.m on Sunday. Sales also increased and the overall turnout was encouraging.
The New Yorker marked its 50th anniversary amid economic stress and shifting readership. Despite critics, its reach extends beyond Manhattan, with global copies and influential writers and cartoonists shaping American literary culture.
The New York Stock Exchange and many companies urge changes to tax policy to boost equity financing. They warn that annual new equity needs of 25 to 40 billion dollars through 1985 are unlikely under current incentives, risking slowed investment and higher debt reliance.
Global lobster supply has dwindled and prices rise as catch remains scarce. Research by Dr. Richard Barton for Frost & Sullivan notes captive farming shows potential but faces two main hurdles: slow growth and cannibalism among lobsters. Advances in feeding and breeding may eventually curb the cannibal issue.
Cal Store at 2500 Carson St Lakewood announced a major remodeling program amid rumors of closure. General manager Robert Lincoln said the Long Beach Lakewood store would stay open, remodeling will brighten the store and improve convenience, with discount pricing continuing.
A chaotic transcription lists Delta er 3.78 Keystone Funds Safecath 484 5.29 Apollo Scudder and many fund names with fluctuating prices and holdings. It references New York markets and various fund groups including Fidelity Colvin Shearson and Pilgrim with asset values, yields, and unavailability notes.
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