Banker urges strict fiscal policies in postwar balance tests
A Federal Reserve official in Cleveland warns that deficits and high short term rates risk prolonging balance of payments problems. He argues for strict monetary restraint and synchronized wage and price policies to spur domestic investment and restore global competitiveness.
MENTIONED IN THIS ARTICLE
Cleveland
Federal Reserve Bank
New York
Central Bank
National Industrial Conference Board
United States
Europe
Maria R. Gainsprigh
Office interiors challenge planners seek space efficiency
Sydney G. Rodgers Associates Inc. NY designers tackle inner space needs for new and existing buildings. They coordinate engineers and architects from initial specs to future expansion, advising on lighting, ventilation, traffic, and potential moves, with clients like State Street Bank and MIT.
MENTIONED IN THIS ARTICLE
New York
UPD
Sydney G. Rodgers
Imner
Rodgers
Sydney G. ‘Rodgers Associates Inc
Mewi York
State Street Bank and iTrust Company
Boston
Massachussets Institute of Technology
May 2 1962 Market Break Triggered by Private Investors
NYSE final report cites individuals as the primary force on the initial May 2 1962 market drop with net sales from margin and cash accounts totaling 1.573 million shares while banks and mutual funds moved differently. A second day shift showed cash buyers returning and margin sellers driving the decline before schools and cities stabilized. Foreign buyers and pension funds adjusted positions as specialists traded, with data tracking weekly flows across banks, funds, and insiders.
MENTIONED IN THIS ARTICLE
Bex Weberwan
NEW York
HINS
New York Stock Exchange
Stock Exchange
Munual Funds
Dar
Mutual
Sock Exchange
Kriisouma
Procter & Pullman
Pure
Oi Radio Corp
Republic Steel Reynolds Metals
Reynolds Tobacco
Ruchfield Oi
Schering Sperry Rand
Standard
Ohio
Stewart Warner
Studebaker O Swift & Co
Henn Gas Trans
Fidewater
iGnion Carbide
United Air Lines
United Fruit
Igs Rubber US Smelting
Los Steel West Va PF
Western Union
Western Electne
Wheeling Steel
Woolworth
iZerox
Youngstown
S&t
Zenith
Firestone
Ifmc Cp
Glidden
Kresge
iLear Siegler
Martin Mar
Bell & Howell Sohio Sey
Stauaffer Chem
Tennessee Gas Transmission
Va Pulp
Wikipsal
The Cost of Elections and American Campaigns
A readable critique explains campaign financing and election costs. It notes funds come from public gifts and party donors with rules to prevent overreach, estimating presidential campaigns at about eight million dollars per party and local races ranging from five to twenty thousand. It details precinct costs, salaries, voting equipment, and the per vote expense, arguing higher turnout can lower costs and improve governance.
MENTIONED IN THIS ARTICLE
Sam
USA
Board of Election
Wesse Gbeme
Oil group reasons cited for strong performance
Wall Street oil group leaders outline factors behind gains. Eduard F. Underwood of Ira Haupt & Co lists excellent earnings prospects and good dividends, plus favorable price earnings ratios. He notes expectations of no major depletion allowance changes and hedges against possible dollar devaluation.
MENTIONED IN THIS ARTICLE
New York
UPI
Eduard F. Underwood
Ira Haupt & Co
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Financial World
Fovnt
Pew
Frank Jo Nanhs
Worthington Corp Ld
Pinery Adustm
Tim
Toxis
Ahether
Isage
Gernard
Ondustrys
Pea
Ami
Futi & Co., Inc
David KR Tellinghass
Emenays
Isepaigh
Carl F. Russert Fulton, Red & CO
Midwest Stock Exchange
Carl F. Russert
Columbia Ave
Elyria
Investment Securites
Fulton. Rexi_ & Co. Inc
Ace
Alco
Bendix
Bethlehem St . Rodgers
Bobbie
Boeing Air
New Zealand
Canadian Pacific
San Francisco
Celanese
Eastern Seaboard
Chesapeake & Ohio
Chrysler
Goodyear
iGrace
Greyhound
jHershey
Burmer
ALY
Inter Harv Sas
tejInter Nickel
Inter
Tel & Ted
Ieland Creek
Ee & Laughlin
Kennecor
Koppers Aus
Lehigh Portland
Lorillard Pera
Monsanto Crem
Montgomery Ward
L. O. Hooner
W. E
National Aviation
Hutton & Co
National Biscuit
National District
New York Central
Ulm
Olim Mathies
Pan Am
Air Penney J C Penn Dixie Cament
Penn Power Light
Pepsi Cola
Philips Peteum
Fittsburgh Glass
Apractants
Dheel
Gamb
Ier
International Statistical Bureau
Bache & Co
Chicago
East Broad Street
R. S. Minger
Lorain County Savings & Trust
Wall Street
Southern Pacific
Moe
Reme
Pierre R. Smith & Co
Elysia Savings & Trust
Ph. FA
CLM
Or Federal Deooait Insurance Corporation
Investors Mutual, Inc
Esters Selective Fund, Inc
Emma
Ongon
Investors Diversified Services, Inc
Lowell G. Stone
Cleveland St. Elycia
John TL. Jackson
Whitman Blvd
ESC
PRC
Ead
Cleveland Ave
Broad St
Flerrick Ave
West Amherst
Wellington
Ohis
Lake Rd
Avon Lake
Rar
Suske Oss
Stenger- White Realty CO
Rocky River Drive
Don McNeill
Florida
Behieve
Mackle
Deltona
Griands
Daytona Beach
Cape Canaveral
Mackie Brothers
Bam
Alba
Don