Confidence Crisis Threatens U.S. Economy And Wall Street
AP analysis notes widespread concern that public confidence in markets is eroding amid a paper-work crisis on Wall Street. Regulators, brokerage failures, and funds like Mates Mutual strain trust as the NYSE pursues fixes such as Central Certificate Service and end of Wednesday trading to relieve the backlog.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Robert Haack
New York Stock Exchange
Mates Mutual Fund
Mates
The
Stock Exchange
Central
U S consumption of bituminous coal falls slightly in year
U S coal consumption for last year slipped 0.4 percent from the prior year to 484 million tons, reflecting a minor decline in demand and energy use across the sector.
MENTIONED IN THIS ARTICLE
U. S
SUCCESSFUL INVESTING Joint Trusts Offer Advantage In Taxes
A reader outlines a $300000 estate with real estate, life insurance, an $80000 inheritance and a mix of bonds, CDs, and stocks including Armco Steel and Santa Fe Industries. The advisor suggests trusts, income stocks, and diversifying inheritance into four utilities to hedge taxes and inflation while increasing liquidity and growth potential. Another reader asks whether to hold Higbie Manufacturing for its pollution control niche as Michigan and California push vehicle emissions rules. The reply advises holding Higbie for growth based on 85 percent of sales to auto industry and rising earnings per share, with 1.34 in 1968 fiscal.
MENTIONED IN THIS ARTICLE
Armco Steel
Santa Fe Industries
Tenneco Corp
Texas
C.mc
Central Maine Power
Duquesne Light
Ligget & Myers
Potomac Electric
Higbie
J.A. A
California
Dayton firm lands bridge contract over Indian Creek east of Reily
Butler County commissioners awarded the Peoria Reily Milville Road bridge project to The Miller Valentine Co for 104 904 35. The span will rise from 16 to 28 feet. Also noted: U.S. broom production reached 463 745 dozen whisk brooms last year.
MENTIONED IN THIS ARTICLE
Hamilton
Butler County
Peoria-Reily
Milville
Indian Creek
Reily
Dayton
Miller-Valentine Co
Stanley M. Penn
Vital Statistics Births and Dismissals Across Franklin Area
Births recorded for Max Mitchell James Pride Robert Couch Theodore Scales Donald Schul Charles Williams Benjamin Brunette and others. Dismissals include Stanley Banks Charles Chapman George Fuller Robert Cox Erwin Scoville Ray Hannah and many residents from Franklin Monroe Trenton Navaho and Morgan streets. The note mentions presidential fathers Crister Arthur Grover Cleveland and Woodrow Wilson as ministers.
MENTIONED IN THIS ARTICLE
Max Mitchell
Clark St
Franklin
James Pridemore
Trenton-Franklin Road
Robert Couch
Yankee Road
Theodore Scales
Bridge St
Donald Schul
Britton Lane
Monroe
Charles Williams
N. Verity ‘Parkway
Benjamin W. Brunette
Woodlawn Ave
Robert A. Cox
John H. Cox Jr
West Alexandria Road
Erwin Scoville
Ray Alfred Hannah
Everett Hoskins
Trenton
Robert Stover Jr
Navaho St
Johy D. Crowe
Norma Crowe
Park St
Raymond Eckhardt
Orchard St
Danis Whitaker
Warren Duncil
Germantown
Donald H. Baker
Scott Ballard
Sam Ballard
Rosie Carozza
Park
Crister A. Arthur
Grover Cleveland
Woodrow Wilson
Also Mentioned on This Page
Trafalgar Square
London
U.S
John Cunniff
Ueda Bartel
Roger E. Spear
Harry
N. Verity Parkway
Modern
United States
Stanley Banks
Mohawk St
Charles Chapman
Bethany Road
George W. Fuller
Newell, Pa
Samuel Holton
Morgan St
Ames Horn
Beech St
Janice Werner
James Gephart
Jackson Lane
James Creech
Armco Drive
James Johnson
14Th Ave
Jesse O. Mayabbe
SY Have
der LE Shore
Fieldcrest
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