Taft Hartley Injunction Used In GE Walkouts
President Johnson used Taft Hartley power to halt GE plant walkouts amid a nationwide dispute over labor agreements. The order targets the Byerdale Ohio jet engine plant for Phantom fighters used in Vietnam, with the board authorized to extend actions to other strikes as needed. The IUE-GE conference board ratified the settlement in New York by a wide margin.
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Hogs and cattle prices drift. mixed results posted
Indianapolis hog market shows 7 900 hogs with prices mostly down 73 cents from prior. Cattle and calves trade mixed with steers and heifers mostly steady to lower, cows lower, calves steady. lambs and ewes vary with small gains noted.
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House passes disaster area legislation in Congress
The House approved a bill by voice vote to aid farmers hit by disasters with grants up to 10 000 and covering two thirds of losses. Provisions would retroactively cover disasters since 1964, with focus on events like the Palm Sunday tornadoes of 1965. Purdue Univ. issued guidance on part time farming for Indiana farmers.
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Chicago Hog Market Down
Chicago hog market weak as demand slows and supply tightens with about 7,000 hogs available. Trade notes a softer tone across Chicago buyers as processors watch price signals and future supply.
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Investment Review Promptly Shifts With Your Finances
Time to reevaluate investments as income expenses and goals change. Market developments may alter stock outlooks, prompting a sharper focus. Visit us or mail the coupon for a free copy of the new guide and sharpen your investment picture with no obligation. New York Stock Exchange member contact 648-3887.
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Choosing a Broker in the Stock Exchange Era
The article surveys how to select a broker among 3,300 member firms and 33,000 registered representatives. It notes the role of recommendations, directories, and signboards, and cites rules on capital adequacy and annual audits by independent accountants. It emphasizes the exchange’s history and the need for a full-time, qualified broker.
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