Prices ease at New York Stock Exchange open
Prices were lower at the opening on the New York Stock Exchange today as brisk turnover got under way.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
New Castle News in New Castle, Pennsylvania
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Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Jun 13, 1969
Page
3
Student loan program faces death as rates rise
Sylvia Porter warns that a spike in interest rates threatens the federal state guaranteed student loan program. Banks balk at 7 percent ceilings while prime rates hit 8 percent and loans soar to 15 percent, threatening access for hundreds of thousands of students unless terms improve. The article notes proposed fixes such as raising ceilings, removing caps, or adding bank incentives. It emphasizes the program's need to endure amid inflation and credit pressure.
MENTIONED IN THIS ARTICLE
Sylvia Porter
Federal Reserve
Budget Menswear Price Cuts Move Through Lower Floor
Budget Menswear features markdowns across jackets slacks shirts and knit tops. Strauss' lower floor stores advertise reduced prices on dresses blouses stockings and panty hose with last prices shown and several former prices noted.
MENTIONED IN THIS ARTICLE
Strauss
Tawar
Budget Boyswear
Orig
Famous Make Stacks
Ludgat
Tax payment reminder warns of possible rate changes
Western Pennsylvania taxpayers may face higher estimated income tax payments if the 10 percent surcharge extends beyond June 30. H Alan Long, district director of internal revenue, says notices show 5 percent on worksheets for half year. If Congress extends the surcharge, 1969 estimates must be recomputed.
MENTIONED IN THIS ARTICLE
Pennsylvania
H. Alan Long
Internal Revenue
Long
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