Fine tuning economic theory faces failure in 1960s analysis
Washington era shifts reveal that the idea of precision economic control via spending and taxes falters. Despite tax cuts boosting revenue, inflation persists as New Economics forecast methods prove imperfect. Paul McCracken named Nixon adviser signals a cautious turn away from fine tuning.
MENTIONED IN THIS ARTICLE
Los Angeles
Washington
Federal Reserve Board
Uncle Sam
Paul McRacken
Richard M. Nixon
McCracken
Wall Street Outlook From Wall Street Charter
New York based Good body & Co. notes near term market optimism driven by encouraging business news and year end investment demand but cautions that intermediate term risk warrants greater caution. Spear and Staff warn inflation momentum grows despite spending cuts and the income tax surcharge. They suggest a brief flight from stocks is likely. E. H. Hutton & Co. says market peaks followed by declines raise questions of a new high, but finds no evidence in the current normal pause after a broad advance.
MENTIONED IN THIS ARTICLE
New York
UPI
Goodbody & Co
Spear
E. H. Hutton & Co
Fire at Chicago amphitheater endangers horses
An arson probe was ordered after a blaze at the International Amphitheater damaged stalls in the mezzanine during an afternoon horse show. Two horses died, 270 were led to safety, and a 14-year-old girl and a 76-year-old worker were treated for minor injuries and smoke inhalation respectively. Fire crews extinguished the fire in about 20 minutes.
MENTIONED IN THIS ARTICLE
Chicago
International Amphitheater
Harley Miller
Papineau
Karen Wilharm
Elgin
Lewis Rejoins Vigo Prosecutor After Kearns Resigns
Attorney Jordan D. Lewis has rejoined Vigo County Prosecutor Ralph Berry's staff, filling the vacancy created by Deputy Prosecutor Michael Kearns who left to devote full time to private practice with Kearns, Kearns & Kearns. Both have served years in the office, with Lewis previously the chief deputy prosecutor.
MENTIONED IN THIS ARTICLE
Jordan D. Lewis
Vigo County
Ralph Berry
Lewis
Lewis & Lewis Law Firm
Michael Kearns
Kearns, Kearns & Kearns
Berry
Kearns
Market Reports Indiana Chicago Livestock and Grains
Indiana and Chicago market rounds show hogs steady to lower, cattle and calves mixed with steady to weak trends. Sows rise in Indiana, with hogs at 18.25 to 19.75 for various weights. Cattle and calves display steady to weak slaughter figures, with prime and high choice ranges noted. Grain futures list small declines, while butter and eggs hold firm. Chicago futures reflect modest drops across wheat corn oats rye and soybeans, with quoted ranges for December and January contracts. Wholesale dairy and poultry prices also listed, showing little change overall.
MENTIONED IN THIS ARTICLE
Indianapolis
USDA
Chicago
Chicago Board of Trade
Blackstone Ranger Gang Leader Jeff Fort Arrested
Chicago AP report says Jeff Fort, 22, leader of the Blackstone Ranger gang, was arrested Sunday on a nearly two year old arrest warrant and charged with failure to register a .22 pistol. Bullets, shotgun shells and brass knuckles were found at his home. he had paid a $50 fine from 1967 and posted bond. Fort had previously been convicted of contempt of Congress for refusing to testify before a Senate subcommittee investigating the Rangers and anti poverty funds. He was ordered held on bond pending sentencing by the appeals court after a district court judge ordered custody pending sentencing.
MENTIONED IN THIS ARTICLE
Chicago
Jeff Fort
Blackstone Range
Fort
Washington
Congress
Senate
U.S. Court of Appeals
John J. Sirica
U.S. District Court
Poison pins recalled sold at Greenwood store exhibit
Sears recall of poisonous bean decorated pins extended to Greenwood where 48 pins were displayed and 12 sold at the Greenwood Shopping Center. Other local stores reported no sales. The nationwide recall covered twelve costume jewelry pins from Sears Roebuck and Co with Indianapolis and South Bend also listed in the notice.
MENTIONED IN THIS ARTICLE
Indianapolis
Sears, Roebuck and Co
Greenwood
South Bend
Sears
Value of Ind Governments Physical Plant Is Unknown
Indianapolis AP report notes Indiana’s assets are vast but hard to value. It cites population, work force, and income estimates, details budget requests for 1969-71, and highlights proposed increases across education, health, highways, and public services as the new administration plans a balanced budget with limited past spending guidance.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana
Republican State Administration
State Board of Health
Indiana Employment Security Division
Hoosiers
State Board of Tax Commissioners
Edgar D. Whitcomb
Whitcomb
Vigo County Seeks Bids for Two New Stokers
Vigo County Indiana via Board of County Commissioners will accept sealed proposals for two new stokers to serve the Vigo County Home. Bid opening at 10 00 A M CDT Friday December 27 1968 in Terre Haute. Attach 10 percent bid bond or equivalent surety. Special Ordinance No 37 1968 requires a yield sign at Idaho Street and Barton Avenue with emergency effect after passage.
MENTIONED IN THIS ARTICLE
Vigo County
Indiana
Board of County Commissioners
Terre Haute
State Board of Accounts
Burlin F. Armstrong
Board of Commissioners
City of
Idaho Street
Barton Avenue
Board of Public Works and Safety
Wolls
Common Council
WM. Ennis
Adams Boulevard
Potomac Avenue
State of Indiana
County of
Vigo
State
Edgewood Grove
Recorder’s Office
John E. Napier
Acts of the
Indiana General Assembly
State of
County of Vigo
W. H. Smiths
Sixteenth Street
Barbour Avenue
Section 10
Township 12
Woodley Avenue
Common Council of
Indiana State University
Indiana State University Board of Trustees
Indiana State Ueivetely Board of Trustees
J. Kenneth Moulton
Early Grove Place
Co. D. Nattkemper
Lawrence R. Jones
Notice of Advertisement and Ordinances for Terre Haute 1968
Public notices announce sealed bids for one single color offset press at Indiana State University Terre Haute with bid deadlines in December 1968. Also special ordinances amend zoning maps and designate districts including M-2 Heavy Industry and R-3 Residential, with emergency enactment provisions and approvals by the mayor.
Nixon Meets Shriver Amid Cabinet Hint In NYC
President elect hold long talks with R Sargent Shriver in New York fueling speculation on his France post and cabinet picks. Shriver says visit pleasant and useful while Klein suggests Nixon aims for closer Western European ties before talks with the Soviet bloc.
MENTIONED IN THIS ARTICLE
Manhattan
Nixon
R. Sargent Shriver
France
Shriver
New York
Washington
Edward M. Kennedy
D-Mass
Fifth Avenue
Charles de Gaulle
Herbert Klein
California
Palm Springs
House
Gerald Ford
Michigan
George Murphy
Bob Wilson
Mount Morris farmer killed by corn picker
August C. Hagemann, 60, died on his Mount Morris farm after his clothing became tangled in a corn picker. Authorities said the wrapping around his neck caused the fatal strangling incident on a rural Illinois property.
MENTIONED IN THIS ARTICLE
Mount Morris, Ill
Nat Hiken Dies at 54 Creator of Sgt Bilko
Nat Hiken, nine time Emmy winner and creator of Sgt Bilko, died at his Los Angeles home from a heart attack Saturday night. The writer contributed to the Fred Allen show for seven years and held similar roles for Milton Berle Jack Carson and Martha Raye.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Nat Hiken
Sgt. Bilko
Hiken
Fred Allen
Milton Berle
Jack Carson
Martha Raye
Treasury balance figures through December 4
Treasury accounts show withdrawals of 87 billion 978 million 526 thousand 685.78 dollars and deposits of 75 billion 526 million 378.92 dollars. The cash balance stands at 4 billion 341 million 351 thousand 306.08, public debt 36212,606,299.82, and gold 10,366,962,702.11.
MENTIONED IN THIS ARTICLE
Washington
UPI
Treasury
Thieves Ransack Drink Machine at Farm Bureau Co Op
police report thieves forced open a soft drink machine at the elevator office of the Farm Bureau Co Op 2600 S 13th St entry found Sunday undetermined amount stolen. in separate report Harry Chapman 908 Woodlawn Ave reported a toolbox and tools valued at 103 dollars stolen from his parked car at his residence.
MENTIONED IN THIS ARTICLE
Farm Bureau Co-Op
S. 13Th St
Harry Chapman
Woodlawn Ave
Freight Derailment Sets Fire Near Pumpkin Center
A Chicago and North Western freight train derailed near Pumpkin Center, prompting a fire in about 30 of 42 cars. No injuries reported as Reeseville Fire Department fought the blaze in Dodge County Wisconsin.
MENTIONED IN THIS ARTICLE
Lowell
Wis
Chicago & North Western
Pumpkin Center
Dodge County
Reeseville
Nursery and Child Care Ad Near East Side
Large recreation room for planned activities and hot meals. Excellent care day or night with nutritious food. Near east side call 232-1484 or 234-7893. CHILD care in my home also offers hot meals and around the clock care at 234-8708.
MENTIONED IN THIS ARTICLE
Near East Side
Jan Price
10Th St
Northside
3Rd Ave
Also Mentioned on This Page
Business Mirror
New Associates
Tae Mma
Leia Trc SR
Associates
Associates Investment Company
Associates Finance Company
Associates Discount Corporation
Associates First Finance Corporation
Associates First Discount Corporation
Wabash Avenue
Wall St. Charter
Viquesney
Ohio Street
Indianapolis Livestock
Chicago Livestock
Chicago Grain
Chicago (Ap
Chicago Mercantile Exchange
Chicago Poultry
Blackstone Ranger
Ind
By Dale Burgess
L, Schuman Hunter
Leland Larrison
L. Schuman Hunter
Schuman Hunter
L.ene Hunter
L. Schuman
Hunter City
Hook
Bob Burton
Greenwood Drugs
Lafayette Ave
Taylor Long
Kruger Buick
Harvey Greenwood Drugs
Evening Tribune
Star
Tribune-Star
Wabash Ave
Ferre
Lafayette
Eddie
Eddy
720 Hulman
Bestone
Ato Center
Mere Merchants Bank
Gerbers
Margaret Morgan
South
Alcoholics Anonymous
Fenwood Beauty Shop
Clara
Ohio
Huffer’s
Smith’s Department Store
Rockville
Puff
Don W. Smith
Voorhees
Spelterville Inn
U.S. Civil Service
Lincoln Service
8Th Ave
Krausbek
Belmont
Cindi
Snelling Snelling
Lic
Eapanins
Lynn
Snelling & Snelling
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