Rainy day for savings editorial warns of US lag in capital investment
The editorial notes Americans save only 5.1 percent of after tax income in 1977, well below Japan and other nations, with savings declining since 1967. It links low capital investment to slower growth and potential higher interest rates, forecasting a prolonged economic cloudburst ahead.
MENTIONED IN THIS ARTICLE
Don Graff
United States
U.S
Wall Street Journal
Japan
France
West Germany
Britain
Canada
Americans
Commerce Department
Condominium Market Recovers but Won't Overtake Homes
AP Business Analyst John Cunniff reports the condo market is improving with price gains similar to single family homes. Realtors caution condos will not replace detached housing, noting most markets see condos under 10 percent of sales. ownership remains with detached homes on individual plots. Crane Co's stake in Morrison Knudsen spurs market speculation as shares rise, then retreat amid buyback talks and a tentative profit.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
National Association of Realtors
Midwest
South
Crane Co
Morrison- Knudsen Co
International Engineering and Construction
Boise
Idaho
Crane
Morrison-Knudsen
Today in history and a spy case from New York
A May 31 timeline recounts events from 1910 Union of South Africa founding to 1962 Eichmann execution, plus notes on de Gaulle and Cambodia. It also details R F Chen, a Taiwan spy who defected to the FBI after a covert Taiwan operation and relates to the China Lobby era in Washington.
MENTIONED IN THIS ARTICLE
Union of
Alexandria
Egypt
Adolf Eichmann
Israel
Argentina
Charles de Gaulle
France
U.S. Senate
Cambodia
Mozambique
Prince Rainier
Monaco
Joe Namath
Henry Jackson
Washington
R.F. Chen
FBI
New York City
Taiwan
China Lobby
United States
Chiang Kai-shek
Chiang
Ciang
State Department
Capitol Hill
Foreign Service
U.S
Joseph McCarthy
George Marshall
McCarthy
Marshall
Senate
Rong Fang Chen
China
Chen
Independence
Independence Movement
Japan
Kuo Chiang Wan
Wan
Taipei
San Francisco
K.C. Chang
George Chang
World United Formosans
Marc Smolensky
Foreign Money Buys Into U S Real Estate Surge
Foreign investors continue to pour funds into the United States with Treasury securities stocks and real estate. Officials note up to 20 percent of farmland changing hands in some regions while a Belgian firm cited in the New York Times survey put European investment in U S farmland at 800 million last year.
MENTIONED IN THIS ARTICLE
Treasury
New York City
U.S
New York Times
Also Mentioned on This Page
Enterprise
Etta Fort Worth
Hume
Mouse
DSER
Jack Anderson
Mashington
Price
M-K
By Roger Bollen
Cervantes
Pop
Qudge
Italy
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!