Psychology of inflation grips American spending
Sylvia Porter discusses how consumer psychology drives inflationary behavior. With fear of higher prices, Americans buy now and borrow, while firms boost spending on plants and equipment. Fed credit restraints and tax-budget policies aim to curb growth, seeking eventual price stability and uncertainty to slow the spiral. Also notes Muscatine Iowa accounts for over 95 percent of U.S. freshwater pearl button production.
MENTIONED IN THIS ARTICLE
Sylvia Porter
U.S
Washington
Federal Reserve
Field Enterprises, Inc
Oil Depletion Allowance Faces Senate Tax Reform Pressure
Washington AP The 27 percent oil depletion allowance faces serious attacks as House Ways and Means considers a rate scale-down in tax reform. Mills signals a slash is possible, with administration officials privately anticipating changes and some calls to trim related natural resource allowances. Johnson era study critiqued the provision though no endorsement from LBJ.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
Ways and Means
Senate
Wilbur D. Mills
D-Ark
Johnson Administration
Lyndon B. Johnson
New Jersey Gubernatorial Primary Shapes Up Between Parties
In New Jersey six Democrats and five Republicans seek the gubernatorial nomination. The race centers on taxes crime political integrity and urban issues with turnout expected around 800000. Key figures include former Governor Meyner and U S Rep Sandman with Cahill Parsekian and other candidates in the mix.
MENTIONED IN THIS ARTICLE
Michael J. Sniffen
Newark, NJ
New Jersey
Garden State
Virginia
Newersey
Robert B. Meyner
U.S
Charles W. Sandmen Jr
Richard J. Hughes
Meyner
Henry Helstoski
New Democratic Coalition
Robert F
Hudson County
John V. Kenny
William F. Kelly
Sandman
GOP
William T. Cahill
FBI
Alfred E. Driscoll
Clifford P. Case
Cahill
Ned J. Parsekian
Democratic Party
Engelhard Industries
South Africa
Blair High honors list shows eighteen A students
Blair High School reported eighteen students with A averages for the final nine week period. Seven seniors appeared on the honor roll Kathryn Benedict Carol Engebretson Brenda Grass Caryl Halverson Brent Mathson Patricia Shay and Sharon Thiede. James Hoff was the sole junior. sophomores Jan Davis Dwight Frederixon Kerry Jacobson Jeanne Kelly. Freshmen Rosalie AnderegG Rosalie Ander egg Gloria Bleken Ann Legreid Gordon Shay Susan Thorpe Rodney Turk. Fifty students earned Bs.
MENTIONED IN THIS ARTICLE
Gordon Shay
Susan Thorpe
Rodney Turk
Also Mentioned on This Page
United States
Muscatine
Iowa
Haddad’s Cleaners
Zephyr
Palm Beach
Reg. T. M. Goodall Sanford Incorporated
Pewburys
By Edmond Lebreton
Louis Tonti
Garden State Parkway
John L. Hennessey
State
Frank X. McDermott
William E. Ozzard
Harry L. Sears
Blair
Numsen
Numsen TV
OLD Grandad
OLD Taylor
Imperial — Corby's
Kollers
Glenmore
Old Thompson
Kingsbury
Cans
Schmidt
Budweiser
Heileman
HAMM
Pac
Schlitz Pabst
Miller's Budweiser
Friedrich
Hobart
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