Dollar crisis deepens cuts loom in pay and prices
The article explains how the US and six nations rejected raises in the official gold price, while gold markets abroad surge. It warns that higher taxes, tighter credit, and rule changes will hit take home pay, borrowing costs, mortgage funding, and living costs though the dollar remains stable at home.
MENTIONED IN THIS ARTICLE
U.S
Free World
France
Belgium
Netherlands
West Germany
Italy
Switzerland
Britain
Washington
London
Paris
Congress
New York
Six Nations
Editor Consul Rousted in Deserter's Ruse
An American journalist and a U.S. consul were pushed around by two young Americans and two Swedish photographers at a Stockholm hotel. The event aimed to stage propaganda photographs to portray the U.S. Embassy as aiding deserters. Deserter Dennis Dodgson and an unnamed partner were photographed with Consul Merle Arp amid the ruse.
MENTIONED IN THIS ARTICLE
Stockholm
U.S
William Russell
Army Times
Edtor
Russell
U.S. Army
Ray Jones
Germany
Arp
Miss Lindsley
Dodson
Aep
Russel
Gold price policy shifts raise costs for weddings and dental care
The Treasury announces a two price gold system limiting domestic gold purchases to U.S. producers or foreign markets at current market rates. Private gold buying by individuals ends, with licenses required for domestic users. Higher gold prices could push up costs for wedding rings and jewelry while dentally linked purchases feel the impact.
MENTIONED IN THIS ARTICLE
Federal Reserve System
U.S
U.S. Treasury
Federal Reserve
Washington
Treasury Department
Paris
Treasury
United States
London
Bank of England
Corporate Profits Hit New Peak At $85 Billion Rate
The Commerce Department reported in Washington that corporate profits surged to an all time rate of 85.4 billion dollars for the quarter, the largest gain in nearly three years. Profits before taxes for 1967 rose to 808 billion, surpassing 1966's record but above government expectations for the year.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Ter
Humphrey predicts RFK and McCarthy backing Johnson Humphrey ticket
Vice President Hubert Humphrey said RFK and McCarthy would support a Johnson Humphrey ticket in November. He joked about wounds healing after conventions and spoke on Issues and Answers. A bus overturned near Lazarevac, Yugoslavia, killing 10 and injuring 30, police reported.
MENTIONED IN THIS ARTICLE
Washington
Hubert H. Humphrey
Robert F. Kennedy
Eugene J. McCarthy
Johnson
Lazarevac
Yugoslavia
Also Mentioned on This Page
Senate
Suis
Erc
LBI
Edge
Hhh
New York Times Service
Forneys
Independent Press-Telegram
Magnavox
Enoue
Aetter
Singer CO
Singer
Wilshire
Coronado
Fontana
Tampico
Durango
Broadway
THE
Moderna
Bank Americards
Long Beach
Pine Ave
Altos Center
Sterns Aves
Mingmervore
Onlime
Hawthorne Blvd
Sparh
Bristol St
Huntington Beech
Huntington Center
Garden Grove
Chapman
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