Fare hike rejection alarms airlines worldwide
The United States Civil Aeronautics Board rejects planned April 1 fare increases, prompting urgent talks among global airlines six weeks before a new fares year. Tariffs are printed and campaigns planned. options include negotiating a new policy, maintaining status quo, or rare open-rate moves, as CAB warns higher costs would hit many travelers.
MENTIONED IN THIS ARTICLE
London
United States Civil Aeronautics Board
CAB
United States
U.S
Speaking of money Financial tips for newlyweds
Roscell 8 and Minger outline money matters for new couples. Lorain Cousty, Vice President, and Tri Co at Fast Broad Street Offices provide practical guidance on budgeting, debt, savings, and shared financial goals for newlyweds.
MENTIONED IN THIS ARTICLE
Roscell 8
Minger
Lorain Cousty Savings & Tri Co
Fast
Broad Street
Loram Cousty Savings & Trust
Lorain County Savings & Trust Company
Accoud
Loraln County Savings & Trust Company
Elyria
Amherst
Amt
Oberlin
Pioneer spirit drives them to start settlement
A Chicago based feature outlines a frontier like plan by Americans with pioneering spirit to form a new community in wilderness country. It offers financial guidance for newlyweds, including changing addresses, banking, life insurance, Social Security, and budget planning to support early marriage and future careers.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Olof
Columian
Rob
Bobert H. van Schotck
Foriat
R.S. Minger
Columbia
Britain reports January foreign trade deficit widens
Britain posted a January foreign trade deficit of 190.65 million dollars as imports reached 1.119 billion and exports 927.9 million, with colder weather and a U S dock strike blamed for slower exports. December's deficit was smaller at 51.8 million.
MENTIONED IN THIS ARTICLE
London
United States
Board of Trade
U S borrows abroad to steady dollar and curb gold drain
The United States has quietly borrowed over 350 million dollars from Europe to shore up the dollar, issuing bonds in European currencies and planning repayments in those currencies. This move, aimed at stabilizing global markets, replaces earlier swap deals and signals a shift in Washington's tactic to defend the dollar amid a persistent balance of payments deficit.
MENTIONED IN THIS ARTICLE
Paris
United States
U.S. Treasury
Europe
Germany
Switzerland
Maly
U.S
Kennedy
Washington
Old Christ Church Pensacola Reform Design Attributed
In Pensacola Florida the oldest standing Protestant church, Old Christ Church, houses a topical museum. The Episcopal church dates to 1832 and is said to bear a design by Sir Christopher Wren, the famed British architect.
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Pensacola
Fla
Florida
Old Christ Church
Christopher Wren
Financial Planning With Series E Bonds And Stocks
The advisor endorses holding Emerson Electric and General Electric, advises against Series E bonds for high earners, and suggests solid growth plays like Virginia Electric and Power and others. They caution selling a well rented family house unless it meets inflation hedge needs, noting real estate as a hedge with steady price gains.
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Emerson Electric
General Electric
Genparal Electric
Virgina Electrc & Power
Herenes Powder
Frankin Life Insurance and Scars
Roebick
Hoe
Hood
Belgrade shipyard family and home ownership noted
In Belgrade a family of five emphasizes steady home ownership and shipbuilding ties. They state their home with hybrid industry accounts is paid for and mention industrial exports. Fulton, Reid & Co., Inc. Investment Securities referenced.
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Belgrade
Moore
Yugoslavia
Private investor still not back Panera
A Financial Gossip column notes ongoing pessimism among investors in New York. It states private individuals have yet to return to the market since last May while institutional players grow in influence. Even after a 1000 point rise, the public remains wary and cautious about further gains.
MENTIONED IN THIS ARTICLE
Jessle Boogle
New York
UPD
Business Week
Ube
U S Rubber 62 sales exceed one billion dollars
United States Rubber Co reported 1962 net sales of 1 006 792 650 up 7 1 percent from 1961 while net income declined to 25 694 400 or 3 40 a share from 27 096 748 or 3 80 a share. Higher foreign exchange losses and lower prices offset gains in tires, footwear, chemicals and plastics.
MENTIONED IN THIS ARTICLE
United States Rubber Co
George R. Vila
Vila
British Labor eyes Sweden wealth tax model
The British Labour Party weighs a Swedish style wealth tax from 0.5 to 1.8 percent targeting property, shares and bank balances while exempting art. The plan aims to tax the owner’s stock rather than work income, with caps and reduced rates for low capital and life tenants, reflecting Sweden’s approach to wealth and capital taxation.
MENTIONED IN THIS ARTICLE
ATNS
Financial Times
Stockholm
Britain
Bor Party
Sweden
Tube recalls 500 as business improves in steel sector
A U.S. Steel Corp spokesman said business is improving, especially construction, with orders for semi finished steel rising. This led to 500 workers recollecting at the National Tube Division in Lorain after layoff. Auto industry also showing gains, though not the sole cause of higher demand.
MENTIONED IN THIS ARTICLE
U.S. Steel Corp
National Tube Division
Lorain
Santa Clara survey ranks key executive quality Anticipation and planning
A University of Santa Clara survey of small business men found the top executive attribute is the ability to anticipate and plan. Intelligence and technical ability ranked lower as essential for business acumen.
MENTIONED IN THIS ARTICLE
San Clara
Coal.cpl
University of Santa Clara
Exchange reports on self regulation
New York reports on the Securities and Exchange Commission study of self regulation for the NYSE. The document notes the exchange’s stricter rules and cooperation with the SEC, detailing steps toward stronger training standards, examinations, and an expanded inspection program. It cites costs and activities tied to tightening market oversight and member organization practices.
MENTIONED IN THIS ARTICLE
New York
SEC
York Stock Exchange
Gaviua
NYSE
Exchange
Securities and Exchange Com
Keith Funston
Tndivi Exchange
Cooper
Commission
Shudy
Gest
Congress
Securites
Funston Disfor
Ami
Ston
Denmark faces pain from European Common Market
Denmark’s farmers, who supply half of the country’s foreign exchange, suffer as the six nation Common Market policies curb support and raise barriers. West Germany, Holland, and France import more cheaply, threatening Danish exports and raising costs by an estimated 150 million dollars a year. Prime Minister Jens Bräegh confirms Britain remains Denmark’s key trading partner and reluctant to join the market without Britain.
MENTIONED IN THIS ARTICLE
Copenhagen
Denmark
Den
West Germany
Germany
Marie
Holand J
France
Copenhaen
Britain
de Gaulle
Jens Brag
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