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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 13, 1963
Page
7
Quick guide to earning cash by selling items no longer used. Learn how to choose items, set fair prices, and post effective ads that attract buyers and speed up sales. Includes tips on photos, descriptions, and timing for best results.
The Investors Forum warns that 21 million U S families face deep debt with consumer credit exceeding 63 billion dollars and mutual deposits around 42 billion, risking widespread crises if employment and health falter. It cites a cabinetmaker example earning eight dollars an hour with five thousand savings and suggests unpledged assets and disciplined saving to avert disaster.
Chrysler president Lynn A Townsend outlined a $125 million investment for the 1964 line to capture a larger market share. He unveiled the new 426 cubic inch engine and a quieter drag-strip version for normal traffic, noting 1963 sales rose to about 940,000 cars and 2.5 percent share.
The Railroad Firemen's Union gathered its general chairmen in Washington but offered no proposal to ratify and no clear path to end the four year dispute. Labor Secretary Wirtz said talks continue with no plan to present a binding agreement yet. Discussions focus on new approaches and a possible two to three year contract as deadlines loom.
A scanned OCR lists unofficial bid and ask figures from a broad securities market overview. It labels data as guide prices for approximate ranges and notes these quotes do not represent executed transactions while naming numerous securities, insurers, banks, and firms across the industry.
Goodyear Tire and Rubber Co Aviation Products Division won a 600000 dollar contract from Douglas Aircraft Co for wheels and frakes for the DC9 jetliner. Rolling assemblies will be made at Goodyear's Akron plant with deliveries starting August 1 1964. The firms trace an affiliation back to 1921 with the BTL torpedo bomber.
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