Inflation and Debt Rise Threaten U S Economy
In October 1961 the U S gross public debt topped 295 billion dollars and is projected to rise to the billions in 1962. Deficit financing pushes prices, strains households, and inflates stock markets. The author urges prudent advice for inexperienced investors amid a fragile dollar.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
Thieves Take 5000 Dollar Coin Collection in Bloomington
Police seek burglars who broke a safe at Robert Okell home in Bloomington. They stole about $5,000 in coins from his collection and used three heavy suitcases to carry the loot. The crime occurred Monday and investigators pursue leads.
MENTIONED IN THIS ARTICLE
Bloomington, I
UPI
Robert Okell
Insurance policy cashing for mutual fund plan
A reader asks about cashing in an insurance policy to fund a mutual fund purchase. The response advises caution and outlines considerations such as penalties, tax implications, and alternative investment options. It emphasizes aligning the move with financial goals and risk tolerance.
Eisenhower Says Soviets Seek Bankrupt U S Not War
Former President Dwight D. Eisenhower told about 6,000 Augusta listeners that the Soviet Union aims to defeat the United States by forcing a financial collapse rather than through military power. He stressed the U S should not spend more than necessary for adequate military strength and said the nation is not on the brink of global war. He spoke at a meeting of the Central Savannah River Area Chapter of the Association of the U S Army.
MENTIONED IN THIS ARTICLE
Augusta
Dwight DB. Eisenhower
Soviet Union
Savannah River Area
Association of the U. S. Armst
Eisenhower
United States
Markets to Close on Thanksgiving Day
New York and American Stock Exchanges and all major domestic markets will close Thursday, November 23, on Thanksgiving Day. Markets will be open as usual on other days.
MENTIONED IN THIS ARTICLE
New York
Cotton Market Trends and Treasury Figures Report
New York cotton futures fluctuated with liquidation pressure early trading, then recovered on buying. July rose on the upturn while other crop months advanced on cover and technical factors. Treasury cash position figures show year to date deposits and withdrawals with substantial totals.
MENTIONED IN THIS ARTICLE
New York
Ieressenrade
Treasury Report
Washington
Treasury
Issels Sun
Rich Pottery Is Recovered in Hungary Cellar
A cache of about 450 priceless Meissen and other porcelain pieces, owned by Baron Gyvorgy Ullmann, was found in a Esztergom cellar north of Budapest after children lured authorities by playing with World War II explosives. The collection likely will go to the Budapest Museum of Pottery and China.
MENTIONED IN THIS ARTICLE
Budapest
Hungary
Gyvorgy Umann
New York
Esztergom
Nepszabadsag
Ullmann
Hungarian Credit Bank
Ullman
Meissen
Berlin
Vienna
Washington
U?1
Yalta
Potsdam
National Air Museum
Franklin D. Roosevelt
Harry S. Truman
Winston Churchill
Nerbert Hoover
Chiang Kai-shek
John Foster Dulles
George Marshall
Roosevelt
Air Force
Smithsonian Institution
Museum
SEC Moves to Curb Stock Mart Excesses
Washington report outlines SEC actions to curb abuses in stock markets. It notes broker misconduct in Curtiss-Wright sales and plans to police adviser advertising, with probes into Sutro Bros and Schweickert and calls for authority to investigate major exchanges. The piece links federal crackdown to a long bull run and broader market concerns.
MENTIONED IN THIS ARTICLE
SEC
Tve
New York
Sutro
Capit Bros. and Co
Schweickert
Informal& Co
iAmerican Stock Exchange
Jerry
Gerard Re
New York Stock Exchange
Also Mentioned on This Page
BA_PRESS-TELEGRAM
Long Beith, Caht
Wier
May
By Harry C
France
PLC
New York City
Acci
Broadway
Flation
Savings and Loan Associations
Mutual Savings Banks
U.S
Robertson
Eafeor 2
Lordun Rcornawy
Robertson’s
Seoteang
Hawaii
United Air Lines
Hawaiian Islands
United
Los Angeles
Luau
United Jets
Woath
Fullock
Lition Industries
Ino
Beech Aircrafh
Four Star Television
Harvey Aluminum
Fate Mg. Ma
Amerigan
Mid
Brown-Forman Distillers
Baltimore & Ohio Railroad
Ag Bi
Roth
Coca-Cola
Cannon Electrice
Crescent Petroleum
Pl Cenis
Gahaean Power
Sayre Stuwl Idualriae
Janizei
Eyck Vine
Pon Industries
Vna
Aule Sidiskins
Fyn Joss
Quelika
Iran
Birrereghenley Industriede
Southland
Sicsmograph Service
Sunshine
Utah Power & Lunt
Vaperation Associates
Weukeshia Motor
Hungary Air Museum
American Stock Exchange
Ebay
Eatet
Etec
Aia Am Ahly al Desily
New Eno
Jewacy MA Inc Bi
Papi
Alsco
Standard & Poor Index
Alcoa BF
Britt & Earl
Standard & Poor
East Fort
Esa Rag & EL Eaulty
Bontron
Am Fargo
Gan
Euler
Atlas
Glass-Tire
Self
Faldfield Gray Mic
Dhay Ryer
actul Borne _ Chem
Seeburg Co
Brazil
Hazel Bishop
Makson Eletrnes Tavi
Brown
Asina Fire
Bdonanca Airlines
Maryiair Mikis
fAliler
Agia Lilewe
Boston Capital
Ai McCormick
Bunker Hill Haliineer
Simca Auta
Botany Indus
McLault Steel
Burma Gury
Borns Inc
Rwt
Newark
Bowater
Bowater Paper Ae Microdat
Argonaut Ing Co
Brunswig
Inves Rayala
Benet
Sid Lie
Euromasterie
Haissiles Sos Corp
Bareh
Cii
Jupiter
Starrell
General Cont Assurance
Calif Interes
Tel 208
Liu Eath
Gregor Bia
I Kaltmag
Kaiser Ind EH Pets
Sie
Ficemans Fund
Galil
Nasional Proprison
Endsn
Jvs
It Franklin Life
Cat
Tove
Great American
Cannan Eleeide
Nevada Power
Ah Hanover Firs
Bry
G & EL
Eheunation
Kleiner
Inc Wy
Niihra
Cinerama Ar
Kratter A. Am
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Oresnorm Inc
Vic
Lake Shore
Mer
Pac Airlines
Maryland
Sisi Eaulties Lee
la Lend
Tate Victoreen
Beteman
Colo
Metallon Sun
Ina
Mercury TV
Gon Rovel
TA Pacific Indemn
Colwell Co
Gutdogr Agv
Fun Ray
Menasca Microwave
Mewri Pacific
Mutuat Rs
Comautereaviomt
Pwr
Malyeden Hak. Fu. ES Protective Sec
Carr
Ear
Pauley
Rsearth
Manhatan
Bun Bradstreet
NMA
Byma Indus
Purex Corp
Eldan Indus
Purolator
Electrada Cp
Elecien Insir
Republic
Electronic
Casa
Rustler Lab
Haney
Electronic Campoly
Bckwell Mia Co
Era Morgan SW
Ie Electronic Eng
Roddy Rose Merle Refit
Produe Ae
Electronicinican
Ways Eval But Pet NY
Arizona
Electro-Scleucain Bie Va
Roval
Bola Ntbsa
Enieveo, Co Electrosands
Ae Century Am Epps Industries
Searit
Servonic
Fidelity Bank
Elifars, Inc
Gatnevar Sierra Pac
Boston
Actile
St Bk
Garden Land Co
Cal Gas
Santa Monica
Soretiee Martith Iy
Gorague Eno Union Bank
Denys Spring
Fate
Stroza Indus & Val
Phoe I
Genisea
Strobee
Wells
Far Ara Tr
Ay Gerisi Ts
Glickman
Glasspar
Fise Gish Fil Holdings
Gri Basinr Pol 2
Systran Danner A Es Sr
al Am Méls Ys Tappan Cox Ane Allies
Emp Inc
BPA
Grinnell Core
Tejon Ranch
Empire Financial Financial
BN Hamlin Malinc
Texas Amo Co
Lelecampuling
Far West Financia
Harvilt Corp Va
West
Thomesa
Hilton Crot Corp
Houston
Fearless
State Inc
Unit
Fin Co
Caut
Eno
Yeson
ASV
Electeie
Wwfuensen
Grery
Alser Slee
Servateria
Ae Bae Amer Cement
IBA
Amer Express
Kentucky
Aster Jacaonst AB Gy Kinetics Care
Apadite
Apadite Ine Knudsen
Otah Coast & Min
Anheuser Busch
Koenring
van Camps Seads
Annlied PhysicsCn
Warren Bros
Ariz Bancorn
Lake
Anther & Cha
Langender
Ms Waste King Ie
Rrawhni Purias
Casco Industries
Wayne Mo
Avtomatic Retails
la Liberty Records
Sia
Steel
del & Webb Tish Ve
Avery Adhesnxe
Sulomatinn Industaiat Ve
Lucky
Caner Bwettingin Mt Inc
Lucky Stores
RV Weathector Wyape Adier
OWS Gas
Bayless Meis Tea
Metin Baer Sil
Bexins Van&Slorpe
Marine Cap Corp Sea
Weather Corps
Cpissie Markst
Arnson Lehner Ra ‘Martin Rarewo
Berkshire Hath Aa Vin Marshall Indus
Tal
Cevter
Union Federal Savings
Union Federal
WM. S. Martin
Oko
Nat
Long Beach
Atlantic Ave
Bixby Knolls
South Spring Street
The
Securities and Exchange Commission
Curtiss-Wright
Regent
Eae
Ine Commission
Money Center
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