Small business faces grim conditions in 1970s study
New York reports how small firms cut inventories and spending to survive. Purdue economist William Dunkelberg notes high interest rates, weak sales, and widespread price cutting while hiring remains scarce. Despite bleak trends, many companies have lowered break-even points and improved efficiency.
MENTIONED IN THIS ARTICLE
New York
William Dunkelberg
Purdue University
National Federation of Independent Business
Dunkelberg
Hank
NFIB
Bethlehem Wins Navy Contract for Sparrows Point Yard
Bethlehem Steel Corp at Sparrows Point wins a Navy rapid deployment ship conversion contract with an option for a third ship. The project could create up to 2,000 jobs over the program, with work starting in January and running through August 1964. Congressman Roydes P Deson notes steel orders and recalls for laid-off workers. 2,800 of 3,000 union members furloughed. The Navy says the contract is worth over $250 million to the yard.
MENTIONED IN THIS ARTICLE
Baltimore
Bethlehem Steel Corp
Sparrows Point
Navy
Seeet
Tata Vera
Maryland
Bethlehem Steel
SBA Exerts Influence On Small Business Policy
Edward B Wilford III of the SBA describes Reagan goals to aid small firms noting 40 percent of GNP from small businesses. He highlights Prompt Payments Act R&D targets and court action against agencies, with Bala Cynwyd regional office contact details.
MENTIONED IN THIS ARTICLE
Federal
Small Business Administration
Edward B. Wilford III
SBA
Rotary Club of
Frederick
Wilford
Small Business R&d Reserve
EPA
IRS
OSHA
Mid-Atlantic States
Bala Cynwyd
U.S. Small Business Administration
Bala Cynwyd Plaza
Volume up prices mixed in stock market trading
New York stock trading surged to a daily volume record with 132.69 million NYSE shares, while most prices ended mixed. Institutions fueled gains early as analysts cited slow investor participation and continued rate declines. Major movers included IBM, Dow, S&P indexes, and airline stocks, with mixed results across sectors.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Dow Jones Industrials
Balt GE
CSX Corp
Clorox
Coca
Comsat
Exxon
Fairchild Ind
IBM
Undigd Kmart
Litton
H Marriott Corp
Mercantile Bokshi
Mobil
Penney
Plantin
Sears
Standex
Sadr Rep
Tandy
Texaco
USFG
Warner L
Whittak
Woolworth
Baker Watts & Co
Frederick
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