Market Slump Tests Wall Street As Bonds Weaken
Wall Street extended its decline this week with the Dow Jones average dropping to a new 1966 low of 847.38 as trading remained light. Analysts blamed tight money, Viet Nam developments, and airline strike jitters for the selling, while investors waited on the sidelines for a sustained upswing.
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New York
UPI
Wall Street
New York City
Viet Nam
Senate Labor Committee
Johnson
American Airlines
Dow Jones
Wheat and soybeans move on Chicago Board of Trade
Chicago grain mixed as soybeans and oats differ, rye and wheat rise, corn gains fractionally. August soybeans attract buying interest with strong local and cash house activity. Deferred deliveries sold and volume high in corn as traders covered shorts and locals bought. Rye activity quiet and offerings light.
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Chicago
UPI
Chicago Board of Trade
Overextended Consumers Get Help From Counselors
Washington reports a growing network of Consumer Credit Counseling Services in about 40 cities offering budgeting and debt management aid. Counselors may intercede with creditors to extend payments or reduce interest, without loans or debt replacement.
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Washington, D.C
Changing Times
Ohio Finance
Phoenix
Ariz
Consumer Credit
National Foundation For Consumer Credit
Foundation
Oral Surgeon Joins Staff Of Gundersen Clinic
Dr. Thomas G. Stenger D D S has joined the staff of Gundersen Clinic and La Crosse Lutheran Hospital in the Department of Oral Surgery. Born in Milwaukee, he earned his D D S from Marquette University in June 1961 and a Master of Science in Oral Surgery from the University of Iowa in June 1966. He served in the Navy two years and resides with his wife Toni at 2311 S 31st St.
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Gundersen
la Crosse Lutheran Hospital
Thomas G. Stenger
Dr. Stenger
Milwaukee
Marquette University
Navy
San Diego
Calif
Ready Marine Group
Philippines
Stenger
University of Iowa
Toni
S. 31St St
State Associations Affected By Rate Hike
The Federal Home Loan Bank of Chicago says member savings and loan associations in Wisconsin and Illinois will be affected by a 5.4 percent rate on short term advances to members. The bank noted the rate on new advances had been 2.5 percent since May 1. The rise is due to higher yields on recent national home loan bank security offerings.
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Chicago
Federal Home Loan Bank of Chicago
Wisconsin
Illinois
National Home Loan Banks
Consumer protection push sparks industry reforms
Sylvia Porter notes rising consumer protests nationwide prompting new laws and industry actions. Initiatives include permanent care labels for clothing, uniform size standards, improved furniture packaging, and retailer run quality bureaus. Retailers urge better staff training and quicker exchanges to curb shoddy goods, with consumers urged to actively claim their rights.
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Sylvia Porter
Washington
U.S
National Retail Merchants Association
NRMA
Walter N. Rothschild
Abraham and Straus
Brooklyn
Hall Syndicate, Inc
La Crosse Tribune Publisher and Editor Credits
La Crosse Tribune details include publisher W T Burgess and editor Nford Goltz. It notes publication in La Crosse Wisconsin with AP news rights, carrier rates, and mailing details for local readers.
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la Crosse Tribune
4Th
Cass Sts
la Crosse
Wis
Lee Enterprises, Inc
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Wisconsin
Venion
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