Austerity Takes Center Stage in National Economic Discourse
Austerity is the keynote across cities and the national stage as mayors governors and the President urge spending restraint. Consumers cut back on credit and corporations curb plant investments, with unemployment rising and forecasts shifting as economists debate policy and the Fed's limits.
MENTIONED IN THIS ARTICLE
New York
United States
Cashless society by 10 years eyed by Fed official
Federal Reserve senior VP Thomas G. Waage warned the U S banking system could choke on checks without a new exchange system. He noted 34 billion checks may flow this year and favored electronic wage payments and universal bill payments to curb paper.
MENTIONED IN THIS ARTICLE
New York
UPI
Federal Reserve Bank
Thomas G. Waage
Fed
Waage
Federal Reserve
Europe
Netherlands
Social Security under study by advisory panel
New York AP reports J Henry Smith of Equitable Life and the Advisory Council on Social Security says the program is sound and secure if Congress funds it. The panel may raise the wage base to 24400, affecting 93 percent of workers, while debates over disability, gender bias, and private pensions continue.
MENTIONED IN THIS ARTICLE
New York
J. Henry Smith
Advisory Council On Social Security
Congress
Advisory Council
Smith
Social Security Administration
Tax cut appears as Congress moves to reduce income taxes
Washington reports a coming tax cut with both Senate Democrats and Republicans endorsing the idea in caucuses. President Ford is expected to propose it and House Ways and Means chair Al Ullman says he can push it through by March. Business leaders led by Henry Ford II back the plan to stimulate the economy.
MENTIONED IN THIS ARTICLE
Washington
UPT
Congress
Ford
Senate
Henry Ford II
al Ullman
Dore
House
Ways and Means Committee
Harbor Bank reports top ’74 earnings surge
Harbor Bank of Long Beach, which opened May 13, posted assets of 7 5 3 5 69 as of December 31 and deposits of 5 6 2 2 2 58 estadounidenses. Net income for the quarter ended December 31 was 3 2 6 3 7 6, or 18 cents a share, as reported by President J J Thomason. The results reflect continued market penetration and strong community acceptance among business and professional people.
MENTIONED IN THIS ARTICLE
Long Beach
Harbor Bank
J.J. Thomason
Thomason
Marks Named Manager for Carson Mall Penney's Store
Leon Jensen, Penney district manager, announces Marks will head the new Carson Mall department store. Penney operates 52 stores in the greater Los Angeles area. Marks, a 16 year Penney veteran, has led prior stores in Santa Monica and Seattle and joined the company in 1958.
MENTIONED IN THIS ARTICLE
Naw
Carson Mall
Leon Jensen
Penney
J. C. Penney
Los Angeles
Marks
Santa Monica
Seattle
Minneapolis
Investment Trusts and Securities Prices in New York
A dense listing of investment trusts and fund prices appears, detailing many funds, including Keystone, Apollo, Lex, Fidelity, and USAA, with varied net asset values and percentages. The catalog notes market prices and fund groupings across multiple firms and fund families in New York.
Also Mentioned on This Page
Detroit
James Pate
Federal Reserve Board
Ford Administration
Earl Smith
Natural
Cherry Ave
Ward
Calif
Independent, Press-Telegram
Air Force
Federal Reserve System
Newhard, Cook& CO
Joseph F. Reedleft
Richard C. Secord
Center
Vernon C. Nelle
St. Louis
California
Colorado
Illinois
Missouri
Edgewater Hyatt House
Pacific Coast Highway
Robert Beckman
By Mike Feinsilber
Carson Mall Penney’s
Jack F. Marks
AskannonMills
NewberyEn
Aptechs
New AmGuardin
Nielsen, AC
AmNatinsur
Ay Beneficial Ltd
CalWestLife
Sigma
CocaCola
Colony Kitchen
Pabst
Congress Co
Paccarinc
Pac Amer Ind
CrumFostra
PacCoast
Ss EldoradoGen
PacCoast Med Empire Generalia
PacFarEast PacGamRo
FarmersGrp
Dana Labs
Farmers New
Data Design Lab
Pacint Equities
Pac Lamb
Fidelity Cp
Data Technology
FirstamFin
Datum Inc
Pac Scientific
First Colony
Delta Califund
Pac Unive
Jia DeluxChk Pr
Pauley Petro
PenGasWat
FranklinLife
PennzoilOt Com
PermaBill Va
Divers EarthSci
PettiboneCp
MercuryGen
HoracMann
Minguezw
Phone Mate Inc
Maonarccap
Doyle DaneBn
Ewry Photociry
Pinehurst Corp
NatWesta Life Vivary Ducommun la
Plasmachem
Nia EconomLab
Productal Chem
PennLife Colas Eldon Industries
Tul Ph VO Inter
Phila Life
SanFrado E
Bank Amer
Santa AnitaCon
Sa Bank Tokyo
Foothill Gro Inc
CenBanking
ForBetterLy Jr We
City National Vi
Fred Holywdda Chak leeCorp
First Secur
Fritzie of
So Calif Ist
Gen Tel
SouthwstGs
SumitomoCal
Getty Financial Southwst
VaiNatPhoen
GoldenState Fds
Spectral Dynam Va Va Savings & Loan
Graphidyne Co
Rts
Ae American
Utah
GuardianPk
Hamba Hamlets
StangHydronic
Harfyn Products
Starlite Indust
Hawthorne Je
Harvest Inds
Mercury Sv&Las
Hexcel Co
Sunset Indust
Nevada Sv&Ln
Hollywood Furt
Ace Bell
I. ProgrSv
Honda
Tampax
ReoyalSav&Ln Industrials
Hyster
Tannetics Inc
Technicare Corp
Intermark Incecurn
Telemation Br Air California
intSys&Cont
Ofa
Ind Video Corp
Textonevnc
Alex Baldwin
Jensen Indus
Allergan Pharm
Allyn Bacon
Jurgensens
Tom Brown Inc
Altius Corp Va
KaiserSteel
Transco Co
Amer
Kaman Corp
Triangle Corp
Amer Marine Ltd
Kansas
Trico
AmRupPlas
KeystoneCu
Tridair Indust Va
Telecom
Knudsen
United Comp Co MP
Anadité Inc
Kratos Inc
U Corp
Andust Busch
Laufer
US Equitat
al Kotzin
Lawrys
APS, Inc
Leroy Corps
I Valley Gas
Arden Mayfair
Lincoln Mort
Vanier Graphic
Arden
Linc Mort
Viking Indus
Argo Petrol
VircomMts
Arrow
LionCntry Safari
Assoc
Ogicon i
Walker Scot
Atlas Hotels
Alamit
Bes
Als
Lumberman
Ty Wavereork
Va Barnes Hind
Macrodata Corpa
WashNates
Barrys Jewelers
Magma Energy
Wavetes BarnessMkts
Magma Powers
Weatherfrarv Weeden&Co
Bazar Inc
Mallinckrdtéa
Bekins Co
Maui Land&Pine
Western
Delaw
Joinson
Intinv
N.C
Delta
Keystone
Speci
Dir Cap
Apollo
Balan Lise
Body Cox
Ee Man
Drexe
Dreytus Grp
Dealers, Inc
Eaton& Howard
LD Edie al Aa Ae
Gth
Balan
Lexington Sentry
Grwth
Cp Ldr
Eee &3
Adm Gri
Incom
Lex Gr
Cmstk
Lex Rh
Entre
Stock
Aetna F
Egret Fa
Loomis Savies
Aetna
Elfun Tr
Pace
Future
Energy
Mot
Wai Yada Funds
AlAm Fd
Fairtid
Lord Abbott Pore
Allstate
Farm Bu
Afftitte
Ian
Alpha
Fidelity Group A Bu
Invest
Amcao
Bond
Bnd Bban
Arm
Birth
Am Eqity
Incom If Bapit
Amer Express Daily
US Gov
Massachuse
Mass Financi SeGen
Salem
Mit
Inve
Trena
MIG
N.L
Dyna
MED
Spectra
Mates
Mathers Sant. Com
Gwin BM
MESES
Resry
Investors
Toonwl
Disco
MONY
Sfrmin
State St
Auden
MIF
Steadman
Axe Houghton
FirmMit A
WL Fond
Fleming Berger Mytvator
Omaha Asso NL
Fed BO
Lem Amer
Unavail
Invest Wal Stock
Sm KL
BLC
Grth
Stein Roe
Fed Gr
NL Bayre Fd
Grow
Aarst
Grwth Ce
Kemp
Franklin Groyve
Calvie Bullock Incom
Bulick
Gow
Life Fund
Baur
Rzaierkin Fe
AL NY Vet
Twat Inc
WL Cs Fund
Fund Inc Grp Neuw
Peru
Uslife
Unian
Steve
Phoe
Owen Watti
Vance Sanders
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