Tax cut bill boosts stock market and economy
New York AP report on a 11 billion tax reduction bill advancing in Congress under Kennedy. Two thirds would take effect Jan 1 1964, with rest a year later. Dow climbs to new highs as retail sales rise in August, NY Fed notes continued growth in production and orders. 1064 auto production, steel output rise, stock and bond markets gain.
MENTIONED IN THIS ARTICLE
NEW York
Con
House
Ways and Means Committee
Congress
Kennedy
Treasury
Federal Reserve Bank of New York
Department of Ae
New York Stock Exchange
KU Launches Campaign To Double Scholarships
Kansas University Chancellor W Clarke Wescoe announced a four year plan to double annual scholarship expenditures from about 100000 to over 300000 by 1975. The program includes raises of 25000 each year and a faculty committee to curb outmigration of high school graduates. Six faculty members received honors for outstanding work including Aronstaj Nelick Gilles Heider Hinman and Kollmorgan.
MENTIONED IN THIS ARTICLE
Lawrence Kan
Kansas University
W. Clarke Wescoe
Wescoe
Kansas
Nachman Aronstaj
Solon E. Summerfield
Franklin C. Nelick
Paul W. Gilles
Fritz Heider
Charl‘ton J. K. Hinman
Walter M. Kollmorgan
Author Prefers Writing Novels
New York AP profile of Irving Wallace who rejects paternalism and Hollywood constraints. He recalls starting with a 5 dollar sale at 15, produced 500 articles and 15 scripts, earned 1000 a week, then left scripts and magazines to write novels for artistic freedom despite lower pay. He explains his shift as a personal turning point toward independence.
MENTIONED IN THIS ARTICLE
New York
Irving Wallace
Norway
1958
Irving
Wallace
Chapman Report
Hollywood
Planning Based On Population
New York AP examines how population forecasts drive decade planning across housing, schools, jobs, and infrastructure. Analysts question steady growth, noting birth and marriage rates shape future demand and the pace of consumer goods, parking, and total workforce needs.
MENTIONED IN THIS ARTICLE
United States
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Ottawa Herald
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Brown
Acriles
Fay
Malley
DuPont
Saundr
Ayaa