Phelon Plant to Start Operations in Aiken Monday
R E Phelon plant in Aiken scheduled to open Monday manufacturing magnetos for small motors used in Poulan and Homelite chainsaws and lawn mowers. First shipment expected by month end with 29 workers, rising to about 100 by July as expansion plans call for 200 000 square feet in ten years.
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Poulan
Homelite
Aiken
R.E. Phelon
David M. White
White
University Parkway
Massachusetts Company
Jim Harden
Gold Prices Tumble Then Rally On Global Markets
World gold and silver prices swung widely as bullion opened in Hong Kong and London with steep losses before recovering mid day. The dollar strengthened early but faded in late New York trade, with yen and European currencies mixed.
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Hong Kong
Far East
Zurich
Tokyo
U.S
Europe
Frankfurt
Paris
Milan
Amsterdam
New York
Commodity Exchange
Republic National Bank
Britain
Canada
Japan
Gunfights and Bombs Strike San Salvador Demonstration
In San Salvador during a mass demonstration against the junta, gunfire killed about 20 and wounded around 80. Hospital reports include journalism student Bruce Yeager of Seattle shot in the leg. Seven bombs exploded in 20 minutes, damaging the Italian Embassy, a shopping center, and the Hyatt Hotel.
MENTIONED IN THIS ARTICLE
San Salvador
el Salvador
Bruce Yeager
Seattle
Wash
Hyatt
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