Ford seeks labor aid in inflation fight with Meany
President Ford met with AFL-CIO leader George Meany in a bid to involve organized labor in solving the inflation, high interest rates, and unemployment crisis. Labor argues wages rise with living costs, while Ford eyes cost of living checks and belt tightening to curb price and wage spirals.
MENTIONED IN THIS ARTICLE
Benjamin Shore Washington
CNS
Ford
Afl-Cio
George Meany
Ford Administration
Meany
Richard Nixon
Nixon
White House
Baltimore
Sanitation
Machinists Union
United Air Lines
United Steelworkers
Cost of Living Council
Lane Bryant Opens Valley Lane Bryant Store at Metrocenter
California based Lane Bryant announces its first Valley store at Metrocenter opening Aug 29. The shop will offer coats suits dresses sportswear lingerie in special sizes for women misses and juniors plus maternity wear and hose.
MENTIONED IN THIS ARTICLE
Lane Bryant Stores
Valley
Metrocenter
Stocks slump and rally on Wall Street as Dow dips below 700
On the New York Stock Exchange the market fell with the Dow Jones index slipping to 704.79 after an initial dive below 700. The S P 500 dropped to 72.96 as volume rose to about 16 million shares. IBM Xerox and Digital Equipment fluctuated with gains, while AT&T edged higher after raising its quarterly dividend.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Dow
Standard & Poor
Ronald Cooper
Thomson, McKinnon & Auchincloss
IBM
Xerox
Digital Equipment
Bricklin Named Innovator of the Year by Milwaukee Expo
Malcolm Bricklin president of General Vehicle Inc. Scottsdale was named Innovator of the Year by the Trans-Aire Exposition in Milwaukee. The 35 year old creator of the Bricklin SV 1 hailed as advanced and a pioneer as the nation’s first independent automaker in 28 years. Governor Patrick Lucey commended him for enterprise in building a new force on the American industrial scene.
MENTIONED IN THIS ARTICLE
Malcom Bricklin
General Vehicle Inc
Scottsdale
Milwaukee
Bricklin
Wisconsin
Patrick Lucey
Wall Street Chatter on Ford Economic Stability Outlook
The Predictor says Ford’s approach to stability rests on genuine understanding and steady progression toward a solution, with a weary investing public likely soothed by slower results and a potential replay of the post-1962 environment. Inverness Counsel predicts monetary improvement will offset lower profits, advising investors to view bad news for business as good news for stocks. Dean Witter warns a robust near term recovery is unlikely amid divergent economic views through 1975, suggesting the Dow could slide further.
MENTIONED IN THIS ARTICLE
New York
UPI
Ford
Inverness
Dean Witter & Co
American Exchange CLOSE: Selected stocks on the AMEX
The American Stock Exchange reports the day’s close with a slate of selected stocks highlighted for investors. Traders monitor notable movers and price shifts as the session ends in New York.
MENTIONED IN THIS ARTICLE
NEW York
API
American Stock Exchange
Commodity Closings From Market Ledger
Today's closing prices from Fred Schaffer at Bache Co. list London Gold at 154 dollars, Sept silver at 4.56, Oct platinum at 193.90, copper at 79.6, Sept wheat 4.43, Sept corn 3.62, Sept soybeans 7.46, Oct live cattle 44.32, Oct live hogs 36.20, fresh eggs 59.25, Maine potatoes 4.45, cotton 50.75, Sept plywood 114.
MENTIONED IN THIS ARTICLE
Bath&wil
BakerOil
Va Bangor Pn
Ye Bath Ind
Wa Bell Hwi
Bendix
Beth Steel
Wa Black&d
Boeing
CerroCorp
AVA
Chris Craft
Clevel
CocaCol
ContiOil
Contri Data
Va Crane Co
Cyprus
Ogden Co
Ohio
T&t
Pan Am Air
Panhandle
Penn Centr
Penney
PennDix
Pennpl
Va PhilaEt
Hercules
Hershey
Proc&g
Heublein
Howard J
R— Howmt Co
Va Ralston
Revion
Pwr
Imperial
INA Cp
Rockwell
E— Wybm Corp
Rohr Ind
Va InHarv Ia
Royal Cc
Royld
Cry
Ve Itek Corprin
Va StRegis
Sander Asso
A— Jantzen
Wat
Jeff Pitot
Schering
Schlumb
John&Jn
JonLogn
Va Jones L
Sears
Jostens
ShellOi
Sierra Pc
SignalCo
Kaiser Alu
SimusCo
Kcsoin
Wat Smithkline
Kencott
Kim Cl
Va Rand
Va Dresser
Knight N
Squibb
Duke P
Vv Kopper
St Brad
Kraftco
Va Kresge
StdOvid
Buyne Kroger
Va Stonioh
SteinDrg
Libby McNi
Emer el
Exxon
LTV Corp
Farah Mfg
Macy
Timlin
FerroCorp
TraneCo
Firestone
Va FoodFar
Massey
MayerOs
Maytag
Unocal
G— McCroy
Tve
UN Pac
A Wa McDond
Uniroyal
GAF Cp
GAC Corp
McGrEd
UtdAirers
Va Gam Sk
McGr Hi
Utd Brands
Va Gannett
Ve McLean
UnCorp
Mead Cp
We Va
M Merck
US Indus
US Steel
Mm&m
Utah Inti
Nabisco
Nev Pw
NingMo
London
Maine
Also Mentioned on This Page
Labor
U.S. Department of Labor
Lane Bryant
Republic Development
Hayden & Jackrabbit RD
Hal Lewis
Lincoln OR
Newton Zinder
E.F. Hutton and Co
General Motors
General Electric
At&t
New York Stocks ‘Exchange
AlcanAl
AlliedCh
AmBrest
AmCan
AmCyan
AmStar
Amt&t
Va Anrichf
Va Atlas Corp
Avco Corp
Avnetinc
Union
Whittakr
Zayre Rp
Zurn Ind
Zenithr
Ags Tva
Ve GenMill
Gillette
Global
Gulf&ws
Wall Street
American Exchange
Petro
Crw
A Dixtyn Corp
Dome Petro
Fischer Pt
Frontier Air
Kaiser
Lee
Wva
Lee Nati Cp
McCulloh
Ya Okc Corp
Utah Sgr
Vikoa Incor
Wye Bne
Byu— Yates Indus
Manhattan
Dow Jones
Indus
Fred Schaffer
Bache & Co., Inc
John D- Knox
Special Agent
Camelback
Chicago
Detroit
Office OF Energy Conservation OF
THE
Federal Energy Office
Lan
Soe
Laure
Aqua Sentry
Zandear Plaza A
Horizon Collection
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