Economic Upturn Faces Threats to Sustain Growth
An analysis warns that the postwar recovery could stall if inflation remains in the 6 to 8 percent range, interest rates stay high, unemployment remains stubborn, and savings drain from banks grows. Other risks include a soft auto sector, lagging business investment, and rising deficits, threatening a renewed downturn.
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Kennedy
Nixon
White House
U.S
U.S. Treasury
Field Newspaper Syndicate
Automakers Press Clean Air Delay In Joint Ad Campaign
U S automakers spent 800000 to run a nationwide full page ad in 1768 dailies urging public backing for emissions standards choices. The joint message from American Motors Chrysler Ford and General Motors contrasts stricter versus current standards and forecasts impacts on air quality gas mileage and prices.
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U.S
American Motors
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Ford
General Motors
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Los Angeles
Ford Engineering
Butter prices hold steady in wholesale market
Chicago wholesale butter prices remain unchanged Friday with 93 score AA at 93.00 and 92 A at 93.00. Milk buyers surveyed show 9 B unquoted, while CME reports equal steady levels for 93 score AA and 92 A around 92.
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Chicago (Ap
USDA
Chicago Mercantile Exchange
St Paul Livestock Market Report Summary
Livestock sales Monday in St Paul show cattle and calves at mostly lower prices. Slaughter cattle and hogs move slowly with declines, vealers steady to higher, and sheep and lambs mixed with some gains in lighter weights.
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Milwaukee
South ST. Paul, Minn
USDA
Cheese Trading Steady at National Exchange Madison Market Unsettled
GREEN BAY Wisconsin trading at the National Cheese Exchange closed flat with one car cheddar barrels 92 cents and 914a last sale. Madison notes the Wisconsin cheddar market was unsettled as barrel stocks were tight yet not as short as the prior week with demand spotty and prices largely unchanged in the week ending October 2. American cheese production for the week fell 2 percent from the prior week and 10 percent from a year earlier to about 26.7 million pounds.
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Green Bay
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