Money Tightens as Credit Rules Hit Inflation Fight
Sylvia Porter explains the Federal Reserve's tight money policy in early 1969, detailing higher discount and prime rates, reduced bank lending capacity, and the shift in savings to attract higher yields. The result is pricier credit that cools demand and potential stock market cooling, with a longer-term investor benefit.
MENTIONED IN THIS ARTICLE
Sylvia Porter
U.S
Federal Reserve
Federal Reserve System
U.S. Treasury
Sharp Dow Jones Loss as Market Slumps in Rapider Drop
UPI reports the Dow Jones industrial average suffers its sharpest one day loss in over a century amid fears of Middle East tension and stalled Vietnam talks. The market sees widespread declines across electronics and steel shares with 20 new lows and 11 new highs, turnover around 12.7 million shares.
MENTIONED IN THIS ARTICLE
Carver
Kysorin Salesian
Sos
LaBarge Inc
Acronca
Ing
Astieton
Astieton In Wm — |Fovareme
Latay Radio
Cavitron Cp
Aeeven
Ford Cara
Centry
Allan
Franks
Airlift
Chad Wet
Resnille
LaPoint
Airpax
Champ Mil
Air We
Veistom
Riewick
Data
Gian
Alan
Christian Oofei
Thomson
Alaske Inter
Izale
Stanley
Penoosh
Lemenerse
Leece N
Tron valStar
AiecCore
Clary” Corp SB
Len Press
Pep Boys
Cropay
Lenox Inc al Ve
Beecomin
Ysteve Yg
SteelCan
Tepan Alissca
Wat Ler
Foster
Assemaee Cneme
Plasecki Air
Stern Met
Alona Indust
Pmaif
Fompuovne
Supremes
Biecuen
Arte
BS Sen
Bai Siege Sicilia
Gladding Co
Aero
Sg Bneuma Dyna
AmMedic
Glasrock
Polarad
5A Systems Eng
Comeny SM BiSiencer
Biles És Sra
Goldbm & Wier Alu
Potter
Ben Va
Syoe
Antial
Tel
Anderson
Tennev
Andy Gard
Cook Mater
iGttak Chef
Angelica
Greer Ao
Coro, Inc
Ieee A
Angul Co
Fae Val
Anthony Poo
Crowleyma
Tarelia Tran
Crown Pet
Polio” Indus
Gulf Am Co
Gulf St Land
Transainco
Rene
Arrow
Asamera Oil
Erlang
BSS
Bala
Sroces
Heart Agy
Matoen
Oslo
Tai Yoo Labs
Mit
E Diodes, Inc
Oernerw
Senate
Holm Indust
Bixitya Corp
Etrol Serait Homegs
Hormel
Indus
Dorie
Hoskins
Berdeynn
Rue Fac
Hubbe Pele
Rowlons
Ors
Iselag
Siam
St Basin
Iniareneh
Electra
INS
MAC
Infante
Arafeians
Rody Stine
Eg Forge
Islam
Nytronics
Bryar
Ohio Brass
Esat Jervis Ie
Bundy Corp Ieee
Jupiter
Bette
Kaiser Ind
Lvex Inc
Lie
Kane
Miller
Butte Gas
KatrDruc
Sullivan
Caldoral
Kaut
Caicomo
Famans
Kavanau
Oxford
KentonCo
Gelden
Zarka
Skylin
Fed Bur Inc
Felmont
Eield
Eilmwa Astic
New York
UPI
Dow Jones
Middle East
Vietnam
Paris
Henry Cabot Lodge
U.S
National Association of Purchasing Management
Kennecott Copper Corp
Dow-Jones
Long Beach News Briefs From Tuesday January 7 1969
Local items from Long Beach include routine city notices and community updates. No major events listed, just ongoing civic and social notices typical of the period.
Also Mentioned on This Page
American Stock Exchange
Ame
Wuebee
Ada
Mt Ba
Ver
Dor
Ina
Ian
American Airlines
U.S. Mainland
Hawaii
Pan Am
Eastern
Glen Alden
United Fruit
Crowell Collier
AMC Industries
American Telephone
Lionel Corp
Benguet
Occidental Petroleum
Atlantic Richfield
Justice Department
Sinclair
Getty
Phillips
Standard of California
Republic
Armco
General Motors
Dun & Brad Street
Aaron
J. D. Dulaney
E. Broadway
Long Beach
Independent
Press-Telegram
Calif
Boeing
United and
Grumman
Inc
Richard M. Nixon
White House
Saturday Evening Post
Garry Wills
Richard Nixon
Nixon
Great Society
Lyndon Johnson
Tom Wicker
LBJ
Union
Union Federal Savings
Dhe Union Federal Savings
Bixby Knolls
Atlantic Avenue
Orange County
Rossmoor
Los Alamitos
Gardena
Malibu
South Spring Street
Los Angeles
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!