Monetary Plan Urged By Teacher
Gainesville report cites University of Florida professor C Arnold Matthews arguing that government must combine tax and spending policies with monetary policy to maintain economic stability. He warns the Federal Reserve’s current policy failures and urges responsible citizen action alongside legislative controls. Economic leaflets are free to Florida residents upon request.
MENTIONED IN THIS ARTICLE
Gainesville
University of Florida Finance
C. Arnold Matthews
Bureau of Economic and Business Research
College of Business Administration
Matthews
Federal Reserve
Florida
Studebaker Goes to Over Time in 1959 Line Push
SOUTH BEND Ind Studebaker-Packard Corporation said it has adopted overtime to meet dealer orders for the 1959 Studebaker Lark Silver Hawk and the 1959 truck line. The plant is operating nine hours daily and eight hours on Saturday to speed production after unveiling the new models in dealer show rooms this week.
MENTIONED IN THIS ARTICLE
South Bend
Ind
Studebaker - Packard Corporation
Studebaker
Conservative government bond investments appeal to cautious investors
The article notes billions seek profitable use with conservative options. It highlights U.S. government bonds of various maturities bought at discounts, offering yields from about 3.29 to 3.82 percent and emphasizing inflation resilience for savvy investors.
MENTIONED IN THIS ARTICLE
Harky
France
United States
U.S
Investors urged to shift into U S government bonds
The column advises shifting from volatile stocks to secure U S government bonds, noting bonds mature at 100 cents on the dollar and offer steady income. It discusses how money policy affects bond prices, suggests a reader question about buying governments for college funding, and invites letters for future columns.
MENTIONED IN THIS ARTICLE
U. S
What a whisky-running car looks like in Virginia
Richmond authorities explain bootleggers favor older cars to avoid swift confiscation. State Alcoholic Beverage Control agents say a typical whisky runner is six or seven years old with a strong engine and extra springs to carry heavy loads.
MENTIONED IN THIS ARTICLE
Richmond, Va
Alcoholic Beverage Control
Study Details Stock Exchange Public Transaction Sampling
Keith Funston, president of the New York Stock Exchange, announced the eighth public transaction study covering September 29 and 30. The report shows institutional investors and intermediaries accounting for 23 percent of volume, with public individuals at 56 percent and NYSE members at 21 percent. Long term investments held 55 percent of public share volume, while short term and trading transactions were 45 percent.
MENTIONED IN THIS ARTICLE
Keith Funston
New York Stock Exchange
The
Funston
Market Ticker Sees Lifts and Dividends Across Firms
The SEC lifted a trading ban on Cornucop ia Gold Mines after the Earl Belle case linked to fraud. Standard Oil of Kentucky declares a 1.05 dividend on Dec 10, Sterling Drug 0.35 quarterly on Dec 1, and Missouri-Kansas-Texas Railroad stock plan approved to cut arrearages with plan effective Dec 1. Duke Power reports nine month income of 16.26 million dollars, Cannon Mills 0.75 dividend on Jan 2. Various other firms announce dividends, stock offerings, and bond intents including Clark Equipment, New Zealand bonds, Chesebrough-Pond’s Vaseline, and IBM unit ISIC Argentina contract. New York Stock Exchange ships sold, Universal Winding 0.225 dividend, Spiegel Inc. 0.10 dividend plus stock, Minneapolis Honeywell 0.15 extra dividend. Market commodities mixed with copper higher and other goods mixed or lower.
MENTIONED IN THIS ARTICLE
Sandard Oil
Kentucky
Sterling Drug
Missouri - Kansas - Texas
Katy
Duke Power Co
Cannon Mills
Interstate Commerce Commission
New York
Chicago
ICC
Montana-Dakota Utilities Co
Northern Ohio Telephone
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