U S plots your undoing Coin hoarder warn ing for 1964 hoarders
Mint director Eva B Adams warns that hoarders of 1964 coins face a market glut as government plans to mint 1964 coins into 1965. The piece notes rising demand, speculative buying, and efforts to curb shortages while dealers debate impact on profits and coin circulation.
MENTIONED IN THIS ARTICLE
New York
HTNS
Eva B. Adams
United States
Mint
Miss Adams
U.S
Coin World
Robertson
Senate
House Banking Committee
Treasury
Adams
Herald Tribune
Utilities lag in bull market and steady long term gains urged
The article cites the Dow Jones Utilities Average reaching a new high yet lagging the Rail and Industrial averages. It attributes this to a prior 1961 surge and defensive utility status, recommending retention and long term purchases. Also advised switching Allen Industries to Texaco for growth potential and blue chip status.
MENTIONED IN THIS ARTICLE
Yaca
Allen Indust,ies
Allen Industries
Texaco
Allen
Industrial research labs in New York expand to 1,170 sites
A New York state Commerce Department directory shows 1,170 industrial research laboratories, up from 650 in 1954, covering more than 1,000 fields. The sector employs over 50,000 engineers, technicians, and scientists, with big players like Bell Labs and Warner-Lambert’s American Chicle unit driving varied R and D from communications to gum science.
MENTIONED IN THIS ARTICLE
New York
UPI
United States
New York State
Department of Commerce
American Telephone & Telegraph Co
Western Electric Co
Bell Telephone Laboratories Inc
American Chicle Co
Warner-Lambert Pharmaceutical Co
Long Island City
Jobless trend seen broken by July employment rise
The Labor Department reported July nonfarm employment at 49 million, up 1.6 million from 1963, with a 200,000 dip from June. Stein noted a 10-year unemployment upturn may have ended, citing stronger construction and gains in trade services transport and finance.
MENTIONED IN THIS ARTICLE
Washington
UPI
Labor Department
Robert Stein
Department
Stein
Tax revenues show six week sales boom in Ohio
Ohio tax data for the first six weeks of the fiscal year show a 14 percent rise in sales and use tax collections to 398 million, with motor vehicle and house trailer taxes above 9 million. Lorain County receipts reached 421,008 versus 366,396 a year earlier.
MENTIONED IN THIS ARTICLE
Ohio
John D. Herbert
Lorain County
U.S. presses allies to curb woolen exports abroad
The State Department leads talks with Britain Italy and Japan to voluntary cut wool tops yarn cloth and apparel exports amid rising U.S. imports. A four man team headed by Warren Christopher pursued commitments in London and Rome while Congress may impose quotas if needed.
MENTIONED IN THIS ARTICLE
Washington
ATNS
U.S
State Department
Great Britain
Italy
Japan
London
Rome
Warren Christopher
San Francisco
Geneva
John O. Pastore
Rhode Island
Johnson
Ikeynote
Pastore
Britain
France
Hong Kong
Uruguay
Congress
Rak elected Lorain County Labor Federation treasurer
Wences Rak won the treasurer post in the Lorain County Federation of Labor AFL-CIO. Three incumbents retained as trustees with Russell Reisinger Albert Mertz and Ben Golecen elected. Dusty Rhodes and John Maiden were defeated in trustee contests. Federation President Joseph Pavlich and Secretary Steve Szuby were unopposed. Delegates at the meeting numbered 107.
MENTIONED IN THIS ARTICLE
Wences Rak
Lorain County Federation of Labor
Afl-Cio
Rak
United Steelworkers Union
Ivan
Dusty) Rhodes
Rhodes
United Auto Workers
Russell Reisinger
Lorain County Bricklayers
Vocal
Albert Mertz
International Associaton of Machinists
Market shows tentative recovery with cautious tone
The market posted modest gains amid a cautious mood as volumes lagged last week. The Dow rose 9.65 to 838.81, the S&P gained 0.49 to 82.35, while 1,501 issues traded with 881 advancers and 472 decliners. Chrysler led activity, up 3% on 352,400 shares.
MENTIONED IN THIS ARTICLE
New York
UPI
Cyprus
Viet Nam
Standard & Poor
Chrysler
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Roger E. Spear
Pacific Gas & Electric
Pierre R. Smith & CO
Elyria
Lorain
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Amherst
Cleveland Ave
Savius
Tsai Lee
INDUS
Kk Util
Industrials
By Jesse Bogue
Disney
Walt
Edison
Bros Strase
Bert McGee
Kirsch Go Ln
Maryland
Nat Bx
Natoldl InsAa
NATO
Dl Insbb AD
Premier Indus Cp
Publicker Ind Pt Ota
Puerto Rico
Rolfs&b
San Carlos
Joseph R. Slevin
Stanley Nehmer
Office of International Resources
James S. Love
Secretary of Commerce
Stanley Ruttenberg
Secretary of Labor
Central Bank
Diversified Services, Inc
LT Tat Lay
Milan Taborac
Garfield St. Elyria
City Bank Co
M City Bank
Federal Deposit Inurance Corporation
Oakwood Center
Pearl Ro
Drive-In - Grove Avene & Homewort Dr