Jobless rate falls as tax cut shows effect
Washington sources report the UPI that President Johnson’s advisers credit the 1.5 billion tax cut for driving a drop in unemployment to 4.9 percent, the first time below 5 since 1960. Labor Secretary Wirtz cites consumer and business confidence while Heller notes forecasts are borne out. Unemployment declined by 879,000 with teens finding work, and total employment rose 452,000 to a record 72.405 million.
MENTIONED IN THIS ARTICLE
Washington
UPI
Johnson
W Willard Wirtz
Walter W Heller
President's Council of Economic Advisers
U.S
Heller
Wirtz
Congress
Labor Department
United States
Sunglasses for Night Driving Warned by Leasing Expert
New York reports automobile leasing executive George A Culp of CIT Service Leasing Corp cautions that wearing sunglasses at night as well as during the day impairs vision and raises accident risk. He notes sunglasses reduce headlight glare but degrade overall sight, urging drivers to remove them after dark.
MENTIONED IN THIS ARTICLE
New York
UPI
George A Culp
C.I.T . Service Leasing Corp
Repairing a Metal Shower Stall Sealing and Finish Guide
A damaged shower stall requires scraping loose paint and rust with steel wool, cleaning with benzine, applying a zinc primer for damp areas, and finishing with two or three coats of enamel for a smooth, dirt resistant surface. For leaks at side base joints, loosen bolts, pack plumber's putty into the joint, re tighten, and remove excess. use non hardening putty to avoid cracking.
Dividends Produce Apples and Vegetables in Bulk Market
The list shows US No 12 percent returns up to 16 quart baskets and prices for Simons Red Birds Red Astracians and Lodi across apples beans beets cabbage carrots celery and a wide range of produce. It includes stock items like wax beans 1.50 to 2.00 and multiple bulk prices for potatoes cucumbers peppers tomatoes squash onions lettuce mushrooms peaches and more. Various suppliers and regions are mentioned with price ranges and packaging notes.
MENTIONED IN THIS ARTICLE
Simons
Climax
Sid San
É& Sid
Avnet Electronic
Bemis Bro
Canada Cement
Golon Sa
Eagle-Picher Co
Gen Tire & Rubber Go
Giobe Secur Sys
Grace WR & Co
Gulf Mob
Oh RR
Gulf Sta Asis
Hryhaw ChemCs
Poorer Jones
Newmont
Carcod Inc
Escarole
Anita
Boston
Ohio
Red Haven
U.S
Calif
Bkts
Poultry Prices Reported by U S Department in Ohio Area
Prices for eggs and poultry delivered to retailers in major cities show mixed ranges with white and brown varieties. No. 1 quality fryers in Ohio and Southern Indiana quoted around 14 to 15 cents, with hens varied from 7 to 14 cents, and mixed large to small white birds priced in the mid 30s to mid 40s cents per pound.
MENTIONED IN THIS ARTICLE
U. S. Dept. of Agriculture
Columbus
Ohio
Indiana
Investment questions on Stewart-Warner Thor and Mayfair control
Roger E. Spear discusses stake sizes in Stewart-Warner owning 20 percent of Thor Power Tool and Arden Farms holding over 75 percent of Mayfair Markets. He notes Thor shows no growth, flat dividend since 1956, earnings down in Q1, while Arden’s proposed July 15 merger makes Mayfair a now academic issue. He advises considering personal objectives, favoring growth prospects over dividend yield, and suggests switching from American Can to growth issues like Sears Roebuck for better capital enhancement potential.
MENTIONED IN THIS ARTICLE
Roger E. Spear
Stewart-Warner
Thor Power Tool
Arden Farms
Mayfair
Thor
Arden
Stewart - Warner
American
Sears, Roebuck
Ford pact review may end today
Ford Motor Co. aimed to wrap up its second presentation in bargaining with the United Auto Workers as talks covered seven contract sections. Malcom M Cummins, Ford’s chief negotiator, said the company hoped to finish today with seniority issues and foremen’s assignments. Union and company negotiators also discussed pensions, insurance, and time off for jury duty at Chrysler and GM.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Ford Motor Co
United Auto Workers Union
Ford
UAW
General Motors
Two Joes Pullman Street Named in City Record
In Pullman Washington the city approved a new thoroughfare called Joe Street joining the existing Joe Street named after a city supervisor. The naming marks two distinct streets bearing the same name reflecting local officials and municipal history.
MENTIONED IN THIS ARTICLE
Joes Pullman
Wash
UPI
Joe
Traffic growth projected for 1975 nationwide
Akron based UPI report notes Goodyear projections show U S vehicle registrations rising to about 97.5 million by the mid 1970s from 68.5 million in 1963. Truck registrations could climb from 13.6 million to 18.5 million in the same period.
MENTIONED IN THIS ARTICLE
Akron
Ohio
Cleveland Livestock Prices Move Through Market Report
UPI dispatch from Cleveland shows live hogs at 180 to 190 pounds with various Nos 1 through 3 grades, calf weights from 100 to 260 pounds, sow prices, and cattle brackets including prime steers up to 24.50 and fat cows down to 11, with calves, sheep, and lambs listed by weight and grade across the market. Prices trend steady to firm across hogs, cattle, calves, and sheep segments.
MENTIONED IN THIS ARTICLE
Cleveland Livestock
Cleveland
UPI
Ohio June retail sales rise 4 percent over 1963
Ohio retail sales in June rose 4 percent from June 1963, according to the Ohio State University Bureau of Business Research, with varied performance across categories. First half of 1964 sales were up 4 percent over the prior year, while department stores, furniture, and farm equipment dealers posted gains and several sectors faced modest declines.
MENTIONED IN THIS ARTICLE
Ohio
Ohio State University Bureau of Business Research
Youngstown
Cincinnati
Columbus
Akron
Canton
Dayton
Cleveland
Toledo
Stocks Open Higher In Moderate Trading Amid Mixed Moves
UPI reports a higher open with Pan American up to 31 percent and Lockheed at 36 percent gains. Many industrials fluctuated with Texaco up to 79 percent and Standard Oil of California at 64.44, while General Motors and Du Pont saw declines and several smaller firms posted mixed changes.
MENTIONED IN THIS ARTICLE
NEW York
UPI
Pan American World Airways
Texas Gulf
Pacific Petroleums
Lockheed
CIT Financial
Polaroid
American Tobacco
Kennecott Copper
Sears Roebuck
Chicago & North Western Railroad
Alcoa
Goodyear
Pennsylvania Railroad
Santa Fe
General Motors
Chrysler
Ford
Agaang Steel
Bethlehem
Lukens
du Pont
Lmastman Kodak
Dow
Honeywell
Standard Oil of
California
Texaco
Standard Oi
N.J
Sinclair
Toledo Cash Grain Prices Reported by UPI
Toledo cash grain quotes show No 2 soft red wheat at 1.39, No 2 soft white 1.40, No 2 yellow corn 1.24, No 2 white oats 0.67, and No 1 yellow soybeans 2.49. Prices expressed in cents per bushel.
MENTIONED IN THIS ARTICLE
Toledo
UPI
New York
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ACF Industries
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Allied Chem
Allis Chalmers Iy Ae
Alside
Va Amer Airlines
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Amer T&t
Amer
Fameo Steel Bly Armour
Atelison
AVC Corp
Beth Steel
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Cal Gas
E- Can Edison
Gia Air
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Gopweld
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Edison Baty
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DuPont
Eastern Air Linea
Eastman Koda
Eaton
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Hercules
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IBM
Harvyenter U
T&t
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Sears
Simmons Uy Sinclair
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Trang
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Pierre R. Smith Co
American Brake Shoe
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American Standard
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Bendix
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HBN Co i
U.S. Dept. of Agriculture
Northern
Spear
General Features Corp
LL. M
Whitle
Elyria Gulf Service
Lodi
Furnace
Ck Eector Ki Frigidaire
Sara Dee Toucheo
Savin’ Frigidaire 2-Door
Standard & Poor
INDUS
Industrials
Standard and Poor
Broad Street
Lake Ave
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Depot Street
Elyria