Word: saversion
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Nixon has been walking a thin line between the savers, like Mills, and the spenders, who want to devote more resources to social programs. Above all, he fears that excessive stringency would "overkill" the economy and cause a recession like the three that occurred during the Eisenhower years. The President...
Americans are generally becoming much thriftier-personal savings have jumped from 4.9% of after-tax income in 1963 to 7.5% now-but they tend to save less of their pay than do the Europeans. The highest savers of all are the Japanese, whose people, companies and government together save and...
From Home to Office. Working with such blue-chip clients as Alcoa, Dow Chemical, U.S. Steel and U.S. Gypsum, Tishman researchers have devised such cost savers as movable wall panels for faster changes in floor plans, noise-stifling floor-assembly systems, prefabrication techniques for kitchen-bathroom cores used in slum...
Married. Anthony Bliss, 54, Manhattan attorney and longtime (1956-67) president of the Metropolitan Opera Association, which handles everything except the opera's artistic affairs; and Sally Brayley, 29, soloist in the Met's ballet troupe until last December; he for the third time, she for the second...
Two weeks ago, most Manhattan banks shaved the rate that is paid to savers on large certificates of deposit from 51% to 51%. Last week that rate fell to 51%. One result is that savings again are flooding into savings and loan associations, the No. 1 source of mortgage money...