Tight Money Creates More Questions Than Answers
AP analysis notes prices rise despite 40 year high rates while demand for business loans and expansion plans stays strong. Credit shortages hit home building and consumer costs. stocks slump amid deflation fears. Bankers face loan pressure while corporations tap equity markets as consumer credit remains robust.
MENTIONED IN THIS ARTICLE
Bears
AP Business News Analysts Change of Retirements
Sam Dawson, AP business news analyst for 18 years, will retire Wednesday. John T. Cunniff will succeed him as author of Today's Business Mirror. Dawson, 65, joined AP in 1925, with a wartime hiatus and later return. Cunniff, 37, moved from Boston to New York, earned a Polk Award in 1960, and is slated to lead the business desk after Dawson’s retirement.
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NEW York
Sam Dawson
Associated Press
John T. Cunniff
Business Mirror
Dawson
Detomoocee
Arizona
Tucson
Army Air Corps
Business News Department
Cuniff
Business News Desk
Cunniff
Boston
Boston University
Columbia University Graduate School of Journalism
Memphis (Tenn
Fayette County
Tenn
Farm Workers Vote Today on Unionization
In Delano California between 7 a.m. and 10 p.m. about 1800 Di Giorgio workers in Tulare and San Diego counties vote on representation by the Teamsters or AFL CIO or no union at all. The outcome could affect California agriculture and inspire nationwide union drives.
MENTIONED IN THIS ARTICLE
Delano
Calif
Afl-Cio
Teamsters
di Giorgio Corp
di Giorgio
Tulare
San Diego
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