Babson's Labor Costs Press on Profits in 1970
Labor costs surged 8.4 percent in the first quarter of 1970, the sharpest quarterly rise in fourteen years, while 1969 productivity grew only 0.9 percent. Meany warns on inflation, urging price and profit restraints, as Teamsters ratify a 39 month contract with substantial wage raises amid a strike-avoiding settlement in New York.
MENTIONED IN THIS ARTICLE
Babson
Wellesley Hills
Mass
Kennedy-Johnson
Iafl—Cio
George Meany
New York Times
Wall Street Poised Amid Labor Cost Pressures and Stock Picks
The piece discusses rising union wage demands led by Walter Reuther's legacy and Leonard Woodcock shaping higher pay and fringe benefits. It notes potential pension and inflation-guarded living-cost hikes, considers wage-price controls versus consumer credit curbs, and advises investors to favor sectors with stable labor relations and lists Babson recommendations in chemicals, utilities, real estate, and energy with specific stock names.
MENTIONED IN THIS ARTICLE
Walter Reuther
Leonard Woodcock
Nixon
Johnson
Babson’s Reports
Nalco Chemical
Culligan Inc
Castle & Cooke
Beneficial Corp
Standard Security Life Insurance
Rover-Amchem
Cities Service
Florida Power
Tenneco Inc
McCulloch Oil Corp
Ice Cream Delights and Simple Dairy Drinks
Mrs. O Connors weekly column extols ice cream as a nutritious dessert option. It provides protein calcium and riboflavin and pairs with many desserts. Recipes include Ice Cream Splits in edible boats and several two servings beverages and floats using vanilla chocolate and orange flavors.
Bean Couple Depart Dallas for Connecticut Visit
Mr and Mrs W L Bean left Dallas by plane Tuesday for Manchester Connecticut to spend a week with their daughter Mrs Ronald Kraatz in her home.
MENTIONED IN THIS ARTICLE
Connecticut
W. L. Bean
Dallas
Manchester
Ronald Kraatz
Plainview Visit by Babs Tatum and Kay Lynn Rives
Babs Tatum and Kay Lynn Rives visited college friends in Plainview over the past weekend.
MENTIONED IN THIS ARTICLE
Plainview
Babs Tatum
Kay Lynn Rives
Mrs Bullards Visit Carlsbad and Winters Friends
Mrs Walter Bullard of Carlsbad New Mexico and Mrs Dick Bullard of Winters visited Monday evening in the C C Tippett home.
MENTIONED IN THIS ARTICLE
Carlsbad
Walter Bullard
New Mexico
Dick Bullard
Winters
C. C. Tippett Home
Also Mentioned on This Page
Babson's
Juanita O’connor
Winters Enterprise
Texas
Shurfine
Gandy
Jar
Westchester
Joos Ae
KRAFT
JET
Colorado
PUREX
Poe
Vienna
FR C Colay
Armour
Orton
Lady Scott Toilet
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!