Market Focus Shifts to Federal Budget War Spending
The stock market weighs the upcoming federal budget and defense outlays, amid a split on rate hikes and White House policy. Investors seek clarity on Viet Nam war costs, Fed moves, and how spending will shape corporate orders and the economy.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
Federal Reserve Board
Viet Nam
Southeast Asia
Wall Street
Fed
White House
TEACHER'S PET COMPUTER IN SCHOOLS PRODS PREDICTS GRADES
An anonymous student's grade average was sent to a Honeywell computer center in Boston and seconds later returned a prediction of that student's grades for the coming year. The estimate used historical grade samples and analyses stored in the computer memory.
MENTIONED IN THIS ARTICLE
Denver
Honeywell
Boston
Smuggled Cigarettes Auction Warps City Briefly
New York tax officials plan a brief auction to dispose of 48 558 seized cigarette packs after a crackdown on smuggling as the legislature doubles the tax to 10 cents per pack.
MENTIONED IN THIS ARTICLE
Albany
N.Y
New York
State Tax Department
Boston
Proveidence
R.I
Central heating rare in Britain amid rising postwar prosperity
Britain still lacks central heating in most homes with only seven percent fully or partially heated. The Family Expenditure Survey notes regional disparities and reveals gains in telephone use, washing machines, refrigerators, cars, and television ownership over the past decade while average weekly income rises to 23 pounds 12 shillings. Women’s earnings trail men’s by about half.
MENTIONED IN THIS ARTICLE
London
Britain
Ministry of Labor
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State University of Binghamton
Downstate Medical Center
Brooklyn
Newport
Nent
Claiborne Pell
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