Economy Faces Inflation Fears Amid Surging GNP
The economy steadied after a $42 billion first quarter deficit in GNP with surcharges and tax plans stirring policy debates. By year’s end 1967 inflation worries persisted as Congress debated spending cuts and higher taxes while mortgage funds faced potential constraints and the Fed signaled tighter money.
MENTIONED IN THIS ARTICLE
Ark
Howse
Suribe
Con Johnson
Congress
Joan Associations
Bilion
Feders
Commerce Department
Federal Reserve
Federal Communications Commission
American Telephone & Telegraph Co
Couriing
Western Electric
Bell System
Commission
American Broadcasting Co
International Telephone & Telegraph Corp
Inter-state Commerce Commission
Great Northern
Northern Pacific
Cago
Burlington & Quency
Pacific Coast
Spokane
Portland
Seattle
More Street Lighting Expands in San Antonio
Lighting of San Antonio streets continued at a fast pace last year. City traffic director Stewart Fischer said 10.8 miles of additional lighting were installed, bringing the total to 2965 miles. Arterial projects from Nueva to 1H 35, Durango to Santa Rosa, and others were completed, with further completions planned on multiple corridors including Alamo, Market, Presa, Nueva, Eisenhower, Callaghan, Vance Jackson, and more along Loop 41 and freeways.
MENTIONED IN THIS ARTICLE
San Antonio
Stewart Fischer
Nueva
Santa Rosa
Durango
Alamo
Santa = Rosa
Southclass
Clark
W. W. White
Broadway
Loop
Bitters
Gen
State Survey S A Business Booms in San Antonio
The University of Texas report shows San Antonio’s business activity up 10 percent in November from October, far above the statewide 2 percent rise. Construction debt and bank data indicate broad recovery, with the San Antonio index climbing from 178.7 to 194.3 percent of the 1957-59 level, while Beaumont and Galveston saw smaller gains and Port Arthur held steady.
MENTIONED IN THIS ARTICLE
Austin
Sa Antonia
Ita
Bureau of Business Re
University of Texas
Servé Bank
Dallas
San Antonio
Beaumont
Galveston
Port Arthur
Noverber
Flooding Cuts Off Brazil City As 50 Die Reported
Floodwaters from days of heavy rain isolate Itabuna in Bahia, Brazil, with Gov. Luiz Viana confirming deaths and unconfirmed reports reaching dozens more. Air forces rush food and medicine to the port near Itabuna as thousands become homeless and streets lie underwater. Rains halt. highways severed. power and water scarce. Amateur radio operators report damages up to $9 million in Bahia.
MENTIONED IN THIS ARTICLE
Salvador
Brazil
UPI
Aba
Luiz Viana
Ahens
Trabuna
Jornal Do
Rio de Janeiro
Itabana
Baktyt
San Antonio Banks Forecast 1968 Growth and HemisFair Boost
San Antonio bankers foresee a strong 1968 led by HemisFair momentum, with deposits and loans rising and construction activity expanding. Executives from Highland Park State Bank, Jefferson State Bank, Bexar County National Bank, Groos National Bank, National Bank of Commerce, and West Side State Bank project solid local conditions despite national inflation and dollar concerns.
MENTIONED IN THIS ARTICLE
Tom Murrah
Tefferson State Bank
Bogisch
Indirtey
Murrah
Murtzh
Ernest A. Baetz
Bexar County National Bank
San Antonio
Baca
San Antoni Tt
Smith
United States
George Cassel
West Side State Bank
Hemis
San Adomo
Cassel
Petroleum Dominates American Energy, Says Moaa Review
UPI report cites Moahty Review indicating petroleum is the largest energy source in the American economy. Federal Reserve brief notes energy trivia with emphasis on oil's central role in production and consumption.
MENTIONED IN THIS ARTICLE
Peteoterm
SN Francisco
Moahty
Federal Reserve
Siatrivia
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Fowler
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Wilbur D. Mills
Ap.iphar
Vember
Federal Reserve Board
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San Angelo
S.A
The
Omombay of the Vetion'a
Oldeat Ateric Exchange
George E. Dulling & CO. Investment Securities
Milam Bulliing
Northeast
FDIC
National
LQOP
New Braunfels
S.A. Banks
Moore
C S. L. Bogisch
Highland Park State Bank
Boy. Fisch
Bork
America
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Jamisry
HemisFair
Texas Pavilion
Jorkusch
jMsxicn
Forrest M. Smith
National Bank of Commerce
Bank of Commerce
Dan Oppenheimer
D & A Oppenheimer
Oppenheimer
Weedeh & Co
San Antonio Sa
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Geion