Wall Street Fears Rise With Credit Pressure
Wall Street veterans fear the fast climb in money costs since December, likening it to 1907 and 1929 patterns. Barr signals higher taxes may curb excess purchasing, potentially easing rate pressures, while Federal Reserve power and bank fragility raise concerns about a broader credit crunch driven by Viet Nam war financing and savings shifts.
MENTIONED IN THIS ARTICLE
Erich Heinemann
New York
Wall Street
Treasury
Joseph W. Barr
Johnson
Novice Briton Wins $947,396 Lottery Jackpot
A 52-year-old laborer Percy Harrison, who rarely attends soccer matches, won 947,397 dollars in England’s Jackpot Pools System with a 52-cent bet after correctly predicting eight of nine tie games. He earns about 42 dollars weekly at a fertilizer factory and previously won 3.40 dollars in his first entry. The win, tax free, marks the largest individual prize in the pool’s history.
MENTIONED IN THIS ARTICLE
Percy Harrison
Glynnis Johns
Harrison
Maude
Johnson Eyes Temporary Repeal of Business Investment Credit
President Johnson leans toward suspending the 7 percent business investment credit as part of a potential tax increase this year. Treasury officials report the draft legislation aims to suspend the credit, a plan opposed by Treasury Secretary Fowler who argues for different tax moves.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Treasury Department
Administration weighs tax moves amid investment credit debate
The White House has not decided on any tax package or components and no final decision is expected soon. Critics warn suspending the investment credit could spark a downward economic spiral, while business leaders urge maintaining write offs to keep US industry competitive against Europe and Japan.
MENTIONED IN THIS ARTICLE
White House
Bill D. Moyers
Ials
United States
Europe
Japan
Barlow
Congress
Peace prospects and Viet Cong stance dominate world news
President De Gaulle and Nguyen Thuong met in Cambodia for 35 minutes with no public disclosure of details. De Gaulle reportedly urged no further war expansion to avoid a global conflict. The National Liberation Front warned against negotiating with the United States. Other dispatches note Soviet blame on China for intra-communist split and East German protests to Beijing. News from Bonn and Saigon rounds out the page.
MENTIONED IN THIS ARTICLE
Phnom Pehn
Cambodia
de Gaulle
Viet Nam
North Viet Nam
Nguyen Thuong
Washington
National Liberation Front
United States
Moscow
Soviet Union
International Communist Movement
China
Peking
Soviet Ban on Warren Report Circulation Sparks Protest
Moscow bars Soviet officials from receiving the Warren Commission report and a Russian language edition, deeming it slanderous to Soviet people. The embassy notes copies sent to officials and editors, while the U.S. embassy cites a propagandist aim to undermine U.S. policy and Kennedy’s assassination.
MENTIONED IN THIS ARTICLE
Soviet Union
Warren
Russia
Peter Grose
New York Times
Moscow
Alhove
Warren Commission
Foreign Ministry
U.S
Warren Probe Okayed Informally By Buckley
William F Buckley Jr editor of National Review says a foundation he identifies as officially connected will fund a two thousand dollar study of the Warren Commission report on Kennedy s assassination The proposal reportedly stems from Richard HN Goodwin and targets the Commission s conclusion that Oswald acted alone as critics call for a review and new works by Epstein and Lana prompt inquiry Buckley cites Alfred Kohlbergs historical research foundation as the grant origin and notes Kohlberg died in 1960.
MENTIONED IN THIS ARTICLE
New York
Nyts
William F. Buckley Jr
National Review
Kennedy
Buckley
Alfred Kohlberg
China
Richard HN. Goodwin
Lee Harvey Oswald
Francis Russell
Nicola Sacco
Bartolomeo Vanzetti
Massachusetts
Edward Jay Epstein
Mark Lana
Warren
Independent notice of adjudication in Long Beach county
A terse 17th century style notice records a Sunday stay at Sixth Street and Plaza Avenue Low Beach and a March 27 1643 entry. The matter was adjudicated by Superior Court Lon Angninn County on October 6 1043 under Decree No C-10280 with single carrier balance mall 38 04 17 ag.
MENTIONED IN THIS ARTICLE
Barbara Werner
Pittsburgh
Sixth St
Pla Ave
Low Beach
Long Beach
Callt
Su. Barlor
Lon Angninn
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Stock Exchange
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Iswe
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Payott
Luc
Patrick Nugent
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Death Valley National Monument
Boris Yankoff
Broderick
Calif
Stovepipa Wells
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Pierre Marquart
Rang
et-Homer Leach
Yankoff
Imant Samilas
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Palms
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West Covina
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Jessel
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NEW York Times. Service
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Chamber of Commerce of the United States
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M. Nixon
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Bishop Rock
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Leander Perez
AP Wirethote
Neri
Careler Bally Mall
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