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Anderson Herald in Anderson, Indiana

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Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

May 26, 1961

Page

18

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

Washington API Lockheed Aircraft Corp Kennedy Lockheed Lyndon B. Johnson New Consolidated ‘Committee On Equal Employment Courtlandt Gross Labor Arthur J. Goldberg Johnson 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.

Roger E. Spear Standard Oi California Safeway Stores Libby, McNeill and Libby SoCal Safeway Libby McNeill Indianapolis Power & Light Nyse J. Z Spear General Features Corp

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