Week in Finance Fiscal Program Priority Item
A New York Times analysis notes President urges Congress to act on a sweeping fiscal program amid rising living costs high interest rates and a tepid trade balance. It cites a slowing pace on taxes and spending restraints and reports stock market cautious gains amid inflation fears.
MENTIONED IN THIS ARTICLE
New York
Congress
White House
Washington
U. S
U S
U.S
Vietnam
Senate
Stockholm
International Monetary Fund
Turmoil as Rates Surge and Prices Fall Worldwide
The article describes sharp rate increases and falling prices, with a grim outlook on war, credit, and government finances. It notes long term rates at post Civil War highs, the first saver pullback since 1966, and the impact of Fannie Mae certificates yielding up to 6.45 percent on savers shifting funds from banks to higher yielding issues. Acceleration could reduce money for mortgages.
MENTIONED IN THIS ARTICLE
Britain
Federal National Mortgage Association
U. S
IBM chemist patents palladium ink for circuit printing
Lewis F. Miller of IBM East Fishkill New York earned a patent for a silver palladium paste used as ink to print computer circuitry. The 34 year old chemist leads a process that creates tiny ceramic tiles, forming modules for General Purpose Series 360 computers. As many as ten million modules roll out monthly across IBM plants.
MENTIONED IN THIS ARTICLE
Washington
Lewis F. Miller
International Business Machines Corporation
Miller
O.B.M. Components Division
East Fishkill
N. Y
I.B.M
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Westover TV
Holland Avenue
Westover
Gene Powley
Jeannie Ford
Allen Hood
Aldo Rinaldi
Thomas E. Mullaney
ID New Yost Times
Barry
Ilaenkic
Beechurst Avenue
Business and Labor
Thais Blatnik
UPI
Fid Fund
Invest Group
National Associ
Col East
Ation of Securities
Col Fa
Dealers, Inc Col Grth
Select
CmSt
Var Pay
Fletcher
C&d
Fond Af
Fond
Franklin Inc Kel
Pac
Mgr
Cnnsum
Inc
Houghton
Fnk
App
Axe H A
Weorp Ld
Fund Am
Lpr S4
Axe H B
Cntry
Fund Inv
Axe H St
Crown W
Gen Inv
Kiker
Enk Gth Axe Sci
Devgh M
Gen Sec
Babson
Decatr
Group Sec Phase Lexing
Blue Rd
Bullock Broad St
Wdivid Shorth Ind
Dow Th
Gryphon
Can Gen
Drexel
Guard
Loomis Sayles Cdn Fad
Dreyfus
Ener
Inc Fd
Mass Tr
Com St
Inc Bost
Grwth
Equity Wmates
Egt GA
Ind
McDon Incom
Expl
Ind Am
Inve Am
Citadel
Irinv Bos Mdy’s Fd
Wid Cap
Stacy V. Jones
New York Times News Service
Kentucky
Solvex Corporation of Louisville
Homer S. Myers
Benard Burson Jr
Burson Electronics, Inc
Austin
Morton
United Funds
Val Lne
Nat Ws
Pioneer
Swstinv
Val Inc
Nat Ind
Sovr
Val
Nat Inv Price Tr
State St
Spl
Providt
Sted S&g
Vangrd
NAT Sec Ser
Balan x
Puritan Sted Am
Viking Gr
Bond
Putnam Role Sted Fid
Divid
Stein Roe
Wsh
Geo
Stein R
Equity
Stein In
Well Fd
Incom
Grth
Stein St
West Ind
Stock
Whitht
Tchrs
New Eng
Revere
Tech Fd
Wiscon
New Hot
Scudder
Worth
New Wd
Wick
Monaco
Barwick
Tile Town
University Ave
Pleasant Street
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