1970 Business Highlights Show Squeeze On Demand And Costs
A year-end roundup tracks 1970 as demand lag and rising costs squeeze business. Major items include space program cuts and potential layoffs, Boeing layoffs in Seattle, GE wage settlements, a March prime rate cut, Dow fluctuations, Penn Central bankruptcy, tax surcharges, trucking strike costs, inflation alerts, and GM UAW wage gains. The report notes inflation pressure, oil policy shifts, and credit line support for Lockheed amid a weak economy.
MENTIONED IN THIS ARTICLE
New York
Hints From Heloise Elastic Instead Of String On Hoods
Reader tips cover simple home hacks from replacing hood strings with elastic for kids jackets to keep warmth. Other notes include onion snack fillings, stairs and ladder fixes, soft shoes in hospital, and avoiding rust on dress shirts using tape.
MENTIONED IN THIS ARTICLE
Heloise
Anna Cooper
Stamps Expires Jan 31 1971 Precanceled Christmas Tags
Winchester Postmaster Joseph C. Haines warns that precanceled 1970 Christmas stamps with toy designs lose postal validity after January 31, 1971. Customers can exchange them for six cent stamps at designated windows. The non precanceled Nativity stamp remains usable at any time. A separate note recalls early skis descriptions from the Christian era.
MENTIONED IN THIS ARTICLE
Winchester
Joseph C. Haines
Egypt's New Valley hopes face water mystery and caution
In Kharga Oasis Egypt, the New Valley project aims to turn underground reserves into farmland for 33 million people. Experts warn the vast underground water may be slow to replenish and uncertain in volume, prompting careful planning before large scale irrigation.
MENTIONED IN THIS ARTICLE
Raymond H. Anderson
New York Times Service
Kharga Oasis
United Arab Republic
Egypt
Cairo
General Desert Development Organization
Gamal Abdel Nasser
Mediterranean
Sudan
Nile Valley
Here
Central
Africa
Kharga
Ibrahim Sharkawy
Also Mentioned on This Page
Boeing
Seattle
General Electric
Penn Central Transportation Co
Chicago
National Teamster
Ford
General Motors
Lockheed Aircraft Corp
Pentagon
Federal Reserve
General Motors Corp
United Automobile Workers Union
House of Representatives
Senate
UAW
Gulf of Mexico
Mrs. Lee Rausch
F. L
Jill
King
Ava
Mary Rhode
Syndicate, Inc
Scandinavia
Jim Dix
N. Loudoun ST
Monthlu
Rouss Finance Company
N. Loudoun Street
Winchester, Virginia
Upper Nile
Luxor
Sharkawy
Western Desert
Bell's Annual
Norwood
Donzini
Cricketeer
Hart, Schaffner and Marx
America
Cresco
Hart Schaffner
MARX
London Fog
ALL Ladies
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