December 07, 1965 (vol. 76, iss. 82) • Page Image 3
…TUESDAY, DECEMBER 7, 1965 THE MICHIGAN DAILY PAGE THREE XGtin Reserve S SPENDING REDUCED: Boarc stocks ases .. ibling~ Trade Heavy As Investors Rush To Sell. Raised Interest Rates Leads to Fears of Expansion Slowdown NEW YORK (4)-The Federal Reserve Board's boost in the basic price of money rippled across the economies of the nation and the world yesterday in a widening circle of cost-price reactions. The stock market reacted vio- Or...…