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New Castle News in New Castle, Pennsylvania

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

New Castle News

Location

New Castle, Pennsylvania, United States of America

Date

Jun 22, 1965

Page

6

Inflation Watch Grips Economists In 1965 Outlook

Washington analysts debate whether the nation faces inflation or a cooling economy. Prices rose in April and certain factory items edged higher, but experts expect only a gradual rise unless a Far East war or a costly steel settlement alters the trajectory. Treasury's Fowler supports more tax cuts to sustain growth.

Joan Pierson Washington UPI Bil Martin U.S. Treasury Martin Federal Reserve William McChesney Martin Jr Gardner Ackely Council of Economic Advisers Far East Treasury Henry H. Fowler

U.S. dollar cited as most stable among leading currencies

Sylvia Porter notes the franc has fallen 4.4 percent yearly over a decade while the U.S. dollar’s loss since 1954 has been 1.4 percent, with 1964 showing only 1.3 percent. The piece weighs risks to dollar reputation and calls for stronger monetary reform and balance of payments progress to sustain global confidence.

Sylvia Porter France de Gaulle U.S First National City Bank of New York Germany Switzerland Netherlands United Kingdom Italy Japan

Stock Market Opens Firm in Light Trading

New York stock prices opened firm with gains in several issues. General Motors rose 4 percent to 97 1/2, Chrysler up 4, Ford down modestly, Kodak up 2 1/2, Monsanto higher, Dow up 4 to 70, Bethlehem Steel up to 46, Armco at 67 1/2, Sinclair slightly down, Standard Oil of California down, IBM up 4 1/2 to 46 1/2, Xerox up 2 to 145, with Koroyette and Control Data also advancing and other declines noted.

New York UPI General Motors Chrysler Ford Man Kodak Monsanto Dow Bethlehem Steel Armco Sinclair Standard Oil of California IBM Control Data Koroyette Xerox

Quotations: Stocks and names in a chaotic ledger

A dense jumble of stock symbols and company names appears, including Le Kroger Lehigh Valley and Motorola. scattered mentions of national firms like Coca Cola Procter Gamble Ford General Motors and RCA mingle with stray phrases about test phenomena and a lunar feature named after Thomas Edison, all in a fragmentary OCR lectura.

Kroger Lehigh Val McNeil Digas Monsanto BI Montgomery Ward Motorola Baby National Dairy New Jersey New York Central Norfolk & Western Olin Owen TE New York Upi Paramount Pic Sory ACF Industries Tarke Davis Wrg Air Reduction Peabody C Bilet Is Allegheny Sudium &T Penney Stores Ole Allegheny Power Penn D Allied Chemical Penn PL Allis Chalmers Alcoa Pennsylvania RR Pepsi Cola American Airl Philips P American Dan Pittsburgh Plate Procter Gamble American Electa Pullman American Metal Warta Pure Oil American Motors RCA American Optical Ib Reading American T & T American Tobacco Republic Steel Reynolds Anaconda Reynolds Tobacco Armco Steel Richfield Armour, Schenley Atchison Sears Hoebuck Bald Lam Simmons Bethichern Sinelar Robbie Br Boeing Champ Paper Coca Cola Colgate Collins BK Cole Fir Douglas At Dow Chemical Dupont Eagle Pich Eastern Air Eastman Kotzk Eaton M Fed Mog Firestone Ford Motors General Dyne General Fl General Foo General Mottaemy General Tel Goodrich Goodyear Grace WR Great A & F Bahn Ny Greyhound Gult Oil Harbison Powde Halen Tlershey Ing Rand

Interstate Commerce postpones Greyhound stake order

The Interstate Commerce Commission has postponed the effective date of its order allowing Greyhound Corp to buy a 20 percent stake in Railway Xpress Agency for 10 million dollars. The order is appealed to a U S district court by the Denver and Rio Grande Western Railroad and other opponents.

Also Mentioned on This Page

New Castle Edipor Mauch Oscar Mayer BACON Dave’s Super Market E. Long Ave Free Worls Charman Pocono Downs, Inc Ug Connaon Stoves Ache Ag Focano Downs Tos Darness Racing Luzity Posore Downs, Inc Ranger Securities Corp Great Neck Road Great Neck Hunter Avement Kay, Richards @Co First National Bank Seventitie Val Cranacentle Dimitri Mendelyeev Thomag A. Edison Lunik TH Ces Mans John Boldren San Mateo Calif Aeronautics and Astronautics Brian Wollenbeck Babylon N. J Aeronautics Art Astronautics Massachusetts Institute of Technology Mars Shawn Ini ST. Paul, Minn Sperry Rand Corp Univac Bnivae UPL Allane Refining Co Philadelphia First Hanover Corporation First Federal Plaza Morten S. Silverman Dial New York Stock Exchange & American Stock Exchange Broad St N. Y East Washington ST Lavely Tininis Spraal Kirsey i I As
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