Business News Briefs Highlight Downgrades and Mergers
United Press International reports that US steel mills operate at 42.7 percent capacity this week, down from 53 percent last week, due to July Fourth holidays and mill vacations. Dividend payments in June fell for the third straight year, with 77 companies declaring higher dividends. Commercial paper rates dropped by a half point, and Seaboard Air Line stockholders will vote on an August 18 merger in Richmond, with an ICC petition expected soon.
MENTIONED IN THIS ARTICLE
American Iron & Steel Institute
Standard & Poor's
Pfealers
Seaboard Air Line
Two Roads
Richmond
ICC
Rifle fire targets Georgia minister and editor in vice fight
In Darien McIntosh County an unknown shooter fired four rounds into the home of Rev C B Studstill and five into the Darien News editor Charles M Williamson’s office. Williamson, who campaigns against vice, said no clues exist and county authorities may fail to solve the case. He notes Sheriff Tom Toppell denies vice in the county.
MENTIONED IN THIS ARTICLE
Darien, Ga
UPI
South Georgia
McIntosh
Charles M. Williamson
The
Darien News
C. B Studstill
Darien
Williamson
Studstill
Sherif Tom Toppell
Conscience Payment Shocks Town Hall in England
Walthamstow officials credited a taxpayer with a guilty conscience after a parcel arrived with an unsigned note requesting funds for the finances of Walthamstow Council. The note accompanied a payment of 479.10 dollars. Canada’s forest area report notes two thirds are coniferous or soft wood with the remainder mixed or hard woods.
MENTIONED IN THIS ARTICLE
Walthamstow, England
UPI
Walthamstow Councr
Canada
Youth Study Blames Teens for Growing U.S. Delinquency
A year long Senate subcommittee report led by Len Thomas Hennings Jr. says a substantial portion of American youth are troubled, drug addicted and sex centered, with teen gang members contributing a disproportionate share of juvenile crime. The border with Mexico and cities like El Paso Juarez and San Diego Tijuana are highlighted as vice centers amid interstate drug flow and rising youth delinquency.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate
Len Thomas ©. Hennings Jr
D-Mo
Hennings
el Paso- Juarez
Zenegales
San Diego- Tijuana
Paris Teaches Children Safe Use Of Matches
AP reports French authorities include matches in early education with ABCs to reduce 250000 yearly fires caused by children. Government program aims to lower fire risk through safety instruction and supervision.
MENTIONED IN THIS ARTICLE
Paris
Girl Driver Nearly Runs Down Presley
Elvis Presley says a young woman driver swerved toward his motorcycle outside a Memphis cemetery after he visited his mother's grave. He says they exchanged words when he called her out for her behavior and she shouted back before driving away and returning to threaten him with another swerve.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
Elvis Tisley
Presley
Fong Warns U S on Cuba at Independence Hall
UPI reports Senator Hiram L. Fong warned the U S not to abandon the Cuban people while supporting necessary actions to curb Cuba's sugar flow. He linked Castro regime agitation to anti American demonstrations and cited U S Japanese events as examples of militant reactions.
MENTIONED IN THIS ARTICLE
Philadelphia
UPI
Hiram L. Fong
Hawaii
Moniday
United States
Cuba
America
Sen Rong
Independence Hall
Jas
Also Mentioned on This Page
United Press International
Georgia
Anderson
Federal Deposit Insurance Corporation Telephone
William Houdans
Jerry Mahoney
Beryl Jenkins
Oscar Melson
Francis Oleksy
Tom Johnson
Mgr
U.S
Alexander Wiley
R-Wis
Everett Dirksen
R-Tl
Roman L. Hruska
R-Neb
Wiley
Fong
Japan
Bulletin-Herald
Stow’s
6Th & Jackson PH
Banner Store
Leeteer
Eek Leether Bell
Ana Ricer
Seor-Tey
Sen-Vaies
Rotisserie
Briggs and Stratton
Bryson
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