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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 18, 1973
Page
13
Barelli and Adolfa G. Attyon warn that the economy's credit squeeze hurts the working class in Bed-Stuy. Brooklyn loans director notes residents sought about $2 million in loans over five years in a 62 block area, with $3203.40 in mortgage or business loan requests recently.
New York stock activity mixed as IBM antitrust ruling impacts many issues. The Dow Jones industrial average fell about 173 points, while IBM and Telex faced hours of delays curbing early trading. Xerox and Hastuhan Koiak are among peers targeted by suits, fueling investor caution and a shift to defensive sectors.
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