Inflation Makes Mart Vulnerable in Investors Forum
In a discussion led by Harry C. France, investors weigh inflation and taxes as forces behind inflated stock prices. A trustee group notes profits from Consolidated Edison and United States Steel, while a buyer increases holdings at high prices, trusting continued growth despite tax and inflation risks.
MENTIONED IN THIS ARTICLE
Harry C. France
al Nomind
Consolidated Edison
United States Steel
New York City
Washington
Economic optimism boosts rising interest rates in market view
The piece notes a cautious rise in both short and long term rates amid optimism about business growth. It cites Fed policy, banking liquidity, and savers benefiting from higher yields while borrowers face higher costs. Commercial lenders and consumers adjust expectations as expansion plans grow.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Wall
Savings and Loan Associations
Four Governors Back CD Shelter Plan Endorsement
The governors of New York California Washington and Florida endorsed a proposed federal civil defense program for community fallout shelters and related measures. They welcomed the plan but await final federal approval, noting it will aid state and local efforts in building stockpiling and strengthening warning radiological monitoring training and family shelters.
MENTIONED IN THIS ARTICLE
New York
California
Washington
Florida
Governors’ Conference Committee On Civil Defense
Livestock Market Report Shows Mixed U S Prices
Live cattle and hog prices vary by weight and quality with Western and Chicago markets cited. Cattle including steers and heifers range around 22.00 to 29.50 per cwt with prime and choice cuts highlighted, while hogs fetch 17.00 to 18.50 per cwt for common weights, per market listings from Los Angeles and Chicago sources.
MENTIONED IN THIS ARTICLE
Chicago
Fusda
Los Angeles
FSMN
Culler
Halsteins
Retail sales peak reached in November by Commerce
Retail sales rose sharply in November to a record high. Commerce Department figures show total sales at $19.3 billion on a seasonally adjusted basis, beating the previous peak of April 1960 by $400 million.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Butter and Eggs Market Report Los Angeles Dec
Los Angeles market bulletin shows mixed butter and egg trends with strong prices for live poultry and related commodities. Retailers report varied grade pricing and large poultry volumes, including 38,500 head of cattle and 34,500 head of roosters, reflecting broad farm product activity across cereals and hay sectors.
MENTIONED IN THIS ARTICLE
Los Angeles
ra'-Stata Market News
Ev York
Pease Ecos
Sassead
SAS
Overparked Traffic Fines Load Chicago Man
Chicago reports traffic fines totaling 1447 dollars were levied yesterday against Walter Schwartz a salesman. He paid 1174 dollars of the total on eight cent tickets from April 1959 to July 1960 and was given until July 11 to settle the balance.
MENTIONED IN THIS ARTICLE
Chicago
Walter Schwartz
Treasury Report Summary Textual Fragment
Treasury report fragment shows treasury cash position and withdrawals figures for the fiscal year. It references balance amounts around 613,515.35 and 290,311.324,282.86 with unclear headings. Names, dates, and precise context are garbled.
MENTIONED IN THIS ARTICLE
Treasury
Washington
The
Markets at a Glance report mixed futures and prices
Market notes from New York and Chicago show mixed bonds and commodities with scattered gains. Separate mentions of December trends, bean and corn prospects, and cattle dynamics appear, including a notable rise in Fall prices and higher grain futures.
MENTIONED IN THIS ARTICLE
New York
Aekseigher
Catton Tre
Cotton Market and Building Permits Reported in York
The York market notes suggest cotton futures closing around 31.46 cents per pound with declines from prior levels and December positions showing modest gains as short covering occurs. Building permit data for the month totals 71,315 dollars with multiple named projects and contractors listed across various streets and neighborhoods.
MENTIONED IN THIS ARTICLE
York
Mearoy
New Orleans
aMemsen Othes
Clase Chanyaa Et
Paarch Bah
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