Tax cut hoped in 1963 sparks forum debate
The Investors Forum argues a 1963 tax reduction could lift corporate and individual taxes, urging expenditure cuts if taxes fall. It highlights potential gains for capital goods and auto industries, with a call to thaw frozen dollars and spur consumer spending and production.
MENTIONED IN THIS ARTICLE
Washington
Conserva
U. S
United States
America
Ithe
General Motors
Ford
Chrysler
Britain restricts sale of suspected drug pills
London reports Health Minister Enoch Powell told the House of Commons he advised all chemists to stop selling non-prescription pills containing the drug mechazine. The College of General Practitioners cited a report of ten pregnant women who gave birth to malformed babies after using sleeping pills with the drug. Powell added the drug has been sent to the Poisons Board for review. Dr Barnett Stross urged women in early pregnancy to avoid all drugs if possible. Powell noted no country has sanctioned this drug’s sale.
MENTIONED IN THIS ARTICLE
London
SPI
Enoch Powell
House of Commons
College of Generals ‘Practitioners
Powell
Poisons Board
Barnett Stross
Labor Party
The
Commons
Wirtz Aids Try to Avert Dock Strike
New York negotiations continue with Secretary of Labor Wirtz in attendance to avert a potential East and Gulf Coast longshoremen strike set for Sunday. Officials report no major progress but underscore efforts to reach an agreement this week to avoid serious consequences. Teddy Gleason, ILWU leader, says optimism grows with the secretary's presence.
MENTIONED IN THIS ARTICLE
New York
Secretary of Labor
W. Willard Wirtz
Gulf Coast
Wirtz
Christmas Traffic Toll Could Reach 750 Says Safety Council
Chicago safety council predicts Christmas weekend traffic toll between 650 and 750 with 33,000 plus drivers possibly injured. More than half of fatal crashes may involve alcohol and a pedestrian death is expected in a quarter of fatalities. The holiday period lasts from 6 p.m. Friday to midnight Tuesday, urging extra caution as darkness and shopping peak.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Safety Council
Mos
Acci
Howard Pyle
Safety National Safety Council
Pyle
Stock Market Snapshot With Mixed Company Displays
A dense OCR style page lists numerous companies and sectors from the American Stock Exchange and Dow Jones, including banks, utilities, tech firms, and industrials. It notes varied performance hints like equities, bonds, and notable tickers across sectors, with scattered references to financial institutions and corporate names.
New Talks in New York on Newspaper Strike
Peace talks resume today between the Publishers Association of New York and the International Typographical Union amid a one day old strike that has halted New York City's nine major daily papers. Federal mediators had suspended talks last week over wages and benefits as the ITU presses a 31 wide weekly raise spread over two years. publishers counter with an 83 package. Gov. Rockefeller signaled possible intervention if needed, Life Magazine announced a special 64 page edition for New Yorkers next Monday selling 250 000 copies to metro newsstands.
MENTIONED IN THIS ARTICLE
New York
Publishers Association of
International Typographical Union
ITU
Afl-Cio
Thesr
Nelson A. Rockefeller
Life Magazine
New York City
Life
State Spending Leads to Fiscal Year Income Surprise
Sacramento reports show 1962 63 revenues for five months at 561 658 082 up 13.8 percent from a year earlier while spending runs 745 701 499, 11.7 percent higher. Governor Brown orders agency economies as revenue projections dip and to keep the state from red ink. Major income sources include banks and corporate taxes 103 710 097 personal income tax 33 537 662 and cigarette taxes 29 360 254 while major expenditures cover school apportionments 266 674 980 aid to the aged 64 156 344 UC 58 488 762 and bond interest 39 822 993
MENTIONED IN THIS ARTICLE
Sacramento
Alan Cranston
University of California
Chicago Board Closes on Monday Tuesday
The Chicago Board of Trade will be closed Monday and Tuesday December 24 and 25. On Monday December 11 trading ends at noon and the exchange will be closed all day January 1.
MENTIONED IN THIS ARTICLE
Chicago Board
Chicago
Chicago Board of Trade
Wheat and corn crop production reported for 1962
Washington The Agriculture Department released its final 1962 crop report showing wheat at 1,091,787,000 bushels and corn for grain at 3,645,615,000 bushels. The wheat forecast trails 1961 by 3,438,000 bushels and sits below the 1951-60 average. Corn estimates exceed last month’s forecast by 58,377,000 bushels and surpass the 1961 revised figure. Both crops were produced under programs to reduce output.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Cotton Market Futures Edge Higher in Thin Trade
New York markets show uneven cotton futures as reports of delivery difficulties and mixed sentiment weigh. Prices drifted 2 to 4 cents a bale late afternoon while other commodities hold relatively steady amid thin activity.
MENTIONED IN THIS ARTICLE
New York
Washington
Aleenees
Earnings Allied Enpire Rumored Charges and Dividends
A garbled financial snippet references Allied Empire earnings and share figures. It mentions a 9 mp figure, dividends around 1.05, a 75 v8 note, and a United Central line with a stated net profit of 161 004 dollars alongside losses. The text is disjointed and includes multiple broken names and figures.
MENTIONED IN THIS ARTICLE
Cory Amey
United “Central
Also Mentioned on This Page
the Investors’ Forum
Eters Forum
Market Heralds
By Harry C
France
Antarew Mellon
the Treasury
Mellon
National Eton
Jomy
W. WM
U.S. Treasury
Tenderloin Club
Atlantic Blvd
Britain
Thomas W
Teddy) Gleason
International Longshoremen’s US Association
American Stock Exchange
Tis + Arge Farms
Ik - Dee
Rtf
Galleng
Coola
Balery
Bowler
Bowe
Burorister Corp
Hume Gear
Lesan
Lawren
Cal Water
Nat
Fc Twa
Cacuais
Portland
Annan
Pohash
Ana
Tech Indos
Saeimitertion
Mitre
Proguera Personal
Boga Ran Bae Ae
Citirena
Zip Pures
Republic
StalCreia Mines
Eatombreckn
Yibim Finance Abv
Mics Handver
Geuy
Lyersa
Igs Morgan
Mestern Banks Bienen Charnes
Ammbibesarem
Ducarinon
Firat Unien Bank LA
Talon
Haleetti
Silshire
woLaines
Sretteeed
Tai
Terese Leacing Electronica
Sarealerta
Warnes
Westthorne
Kinefics Corp Ava
Aik Properties de Roches Con
Rerc Plastics
Tao Chase Lwr
Chase
Jemma Milas
Industri Testo
Aare
Ree
Branca
Irene Stocks
Hecien Se
Standard
Standard and-Poor
North Tipe
Srashun
Utah
Alon Cp
Fada
Abs Wesont Cook
Sunny
Gia
Crane Carr
Abe Yaris
Johnnie Walker
State
N.Y
Cranston
Brown
Aldens
Asa Elect
Voor
Lifer
Beth Steel
US Steel
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