Carnation halts ads claiming chocolate milk as milk
The Federal Trade Commission orders Carnation to stop advertising its chocolate drink as milk, saying the product is not a nutritional equivalent to regular milk. The FTC action follows earlier consumer complaints and a name change from The Instant Chocolate Flavored Nonfat Dry Milk to Chocolate Flavored Drink.
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Washington
UPD
Carnation Co
Federal Trade Commission
FTC
Carnation
BTC
Stock prices drift in lethargic Wall Street trade
New York stocks edged lower as trading stayed dull for a second day. The Dow slipped 1.02 to 43.79, with volume around 10.13 million on the NYSE and the broad index easing to 49.4. Analysts cite high rates and peak loan demand as factors. investors await a shift in sentiment.
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New York U
Wall Street
Jay
Jack Theriot
Smith, Barney, & Co
Myron S. Helman
Shields & Co
Dow Jones
New York Stock Exchange
Prime rate reaches new all time high at 10.10 percent
New York report says the prime rate for business loans to larger customers jumped to a record 10.10 percent set by First National Bank of Chicago. The rate followed a climb from 10 percent after Wells Fargo first hit that level in September, then fluctuated before resuming an upward trend.
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Unel H. Madden
U.S. Chamber of Commerce
Ile
Rockefeller
National Public Artiairs Center For Tex
Tong
Nixon
Washington Post
Treasury
George P. Shultz
Shultz
New York
UPI
First National Bank of Chicago
Chicago
Wells Fargo Bank of
San Francisco
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Leon
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Hsouidin
Marlie
Elaeet
Berteahi i Motilie
Bogert
Heinen
Ion Gore
Unite's
Gln
Melly
Ana Osby
David Rockefeller
Chase Manattan Bank
Conmere
Fredrick B. Dent
Dent
Commence Department
Agriculture Department
Turkey
A Department Cconomish
William E. Cativeart
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