Masonry Magazine July 1966 Page. 26
QUICK SET UP
Adjustable
PERFECT FOR
UNLEVEL GROUND
Always at Bricklayer's Most Productive Level... No
Digging Out or Blocking Up... Legs adjust individually.
ADJUSTABLE-Any height-every 2 inches
MORE PRODUCTION-Most productive level
SAVE SET UP TIME-NO BRACING
EASY TO MOVE-Compact and light weight
LAST A LIFETIME-All Steel construction
THESE
SCAFFOLDS
SET UP IN
HALF
THE TIME-
AT ANY
LEVEL!
LOW COST
EACH SCAFFOLD
(FREIGHT PREPAID)
$1975
SAVE MONEY, BUY
20 SCAFFOLDS
$37500
(FREIGHT PREPAID)
IF NOT COMPLETELY SATISFIED, RETURN SCAFFOLDS IN 10
DAYS FULL AMOUNT OF PURCHASE WILL BE REFUNDED.
DEALERS INQUIRIES INVITED. CHOICE TERRITORIES
AVAILABLE. WRITE FOR FULLY DESCRIPTIVE LITERATURE.
Tools For The Masonry Trade
AB CONTRACTORS EQUIPMENT
and SUPPLY COMPANY
1808 BOMARED2-7547
26
FORT WORTH 3. TEXAS
Washington Wire
(Continued from page 13)
WILL ESCALATION BRING IN THE CHINESE?
Washington thinks it will not. The Communists are too occupied with the current struggle for the succession to Mao. The purge in progress can't help but promote disunity and weakness. So the Chinese are expected to shun trouble-making on their southern borders. It would take a direct threat to push the Chinese into open intervention.
WASHINGTON IS EXTREMELY INTERESTED
IN DE GAULLE'S VISIT to Cambodia, now scheduled for some time this fall. Paris hints that France's President plans to make a big effort to mediate between the U.S. and the Communists. The word is he'll propose a neutralization that will let U.S. troops depart. The U.S. would have to stop bombing the North halt the build up of troops... and pull out before Saigon's election.
The Reds China included-would have to stop infiltrating their forces and accept neutralization of South Viet Nam.
French diplomats feel the Northerners will be receptive to such a deal now that American firepower rules out military victory. Washington isn't this hopeful. The build up goes on as planned. But if de Gaulle succeeds in making a dent he will find that President Johnson is ready to negotiate.
CREDIT WILL CONTINUE TO TIGHTEN, as long as Viet Nam sparks a boom. The squeeze will proceed slowly. Only a little more pressure is to be added at any time. The credit controllers at the Federal Reserve Board in Washington want to avoid a sudden new surge in interest rates which already are near record peaks. And they don't want to intensify the war for savings by permitting commercial banks to pay even more on time deposits than now.
But a major pinch could develop later in the summer or in early fall. That is when business borrowing at the banks will be turning up seasonally. And corporations will try to raise huge additional sums of money by sale of bonds.
As a result, interest rates will creep up further.
-Bond yields appear to have several months of climb ahead.
-Bank rates will move higher as the rates lenders pay go up.
-Mortgage rates could spurt as past loan promises run out.
-Consumer credit can cost more as hikes at New York spread.
TAX INCREASES ARE DEAD FOR THIS YEAR
Reports that the President "still hasn't decided" are only designed to keep Congress from voting too much spend
MASONRY July, 196