Lockheed Pledges Racial Equality Pact With Government
Washington AP I Lockheed Aircraft Corp pledged in a formal agreement with the government that it will practice full racial equality at all its plants The agreement bars discrimination in hiring and promotion and requires non segregated facilities including eating and recreation Kennedy hailed the move as a civil rights milestone as the document was signed in the White House with Vice President Johnson and Lockheed head Courtlandt Gross present The pact covers all 60 000 employees nationwide and follows talks with the NAACP over Marietta Ga plant complaints The Air Force investigation noted steps to ensure equal jobs advancement training and access to facilities
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API
Lockheed Aircraft Corp
Kennedy
Lockheed
Lyndon B. Johnson
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Courtlandt Gross
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Arthur J. Goldberg
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Marietta, Ga
White House
Air Force
Marietta
National Association For the Advancement of Colored People
Investment advice favors retaining SoCal and Safeway stocks
Roger E Spear recommends holding SoCal and Safeway due to stability and earnings, while Libby McNeill lags and should be swapped for Indianapolis Power & Light to boost growth and maintain 3.3 percent yield. He explains “locked in” risk from unmarketable high yield securities and tax considerations.
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Standard Oi
California
Safeway Stores
Libby, McNeill and Libby
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Safeway
Libby McNeill
Indianapolis Power & Light
Nyse
J. Z
Spear
General Features Corp
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