Chile election heats up as Allende and Frei vie for presidency
In Santiago the Chilean presidential race tightens with Salvador Allende backed by the FAAP and Christian Democrat Eduardo Frei among frontrunners. Allende’s stance on nationalizing U S holdings and Cuba ties fuels opposition, while Frei promises social reforms and greater U S investment.
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Non Residential Construction Helps Offset Home Lag
Non residential construction contracts rose 22 percent in July from 1963, aiding an 8 percent year to date gain in total building commitments through July 1964. Office building fell 20 percent in July, while street and highway contracts slipped 6 percent.
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