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Newspaper
Argus
Location
Fremont, California, United States of America
Date
Jun 22, 1969
Page
4
Analyzes a 1969 Fortune study showing many 18 to 24 year olds identify with the New Left and lack focus on earning money. Warns that future job creation requires more capital and productivity, especially in the service sector, to avoid a cycle leading to depression. Cites global investment needs, rising capital borrowing, and the shift toward services as a major challenge.
UAW and Yosemite Park Curry Co reach agreement to manage the UAW Family Education Center at Black Lake Michigan. Center near Mackinac offers two hotel units gym auditorium Olympic pool and classrooms for two week leadership seminars for union members and families. Reuther notes aim to provide a living learning environment amid natural surroundings and training in citizenship.
Lawmakers push to bar tax write-offs for civil penalties in antitrust cases. Rep. Emmanuel Celler argues damages under the Clayton Act should not be deductible. A Nielsen poll shows 76 percent support the change, with some favoring IRS ruling rescission, following major government wins against GE and Westinghouse.
A guide explains preemptive termite defense by installing mechanical barriers around entry points. Inspections are often included in long term guarantees. Get 2–3 cost estimates. typical prices range from 180 to 250 dollars. Preventive treatment is cheaper than later eradication.
A portable downtown parking garage concept is being assembled for Pacific Mutual Life Insurance in San Francisco. Executives say rising land values make interim parking income on valuable land feasible. the unit costs about 350000, costing far less than a permanent structure.
SEC ruling finds mutual funds using restricted stocks to inflate values violates federal law. Mates Investment Fund faced redemption suspension last December and now may resume redemptions July 22. Chief Frederic Mates barred from operating a securities firm pending approval. Prompted calls for scrutiny of other go go funds holding restricted stock.
Miss Lain profiles range management as a broad outdoors career. Range managers plan grazing systems, assess forage, restore lands, and coordinate wildlife, watersheds, and recreation. Education paths include bachelor’s to doctorates. salaries vary from early federal grades to top scales, with many employed by government and private firms.
Union America Inc will list its shares on the Pacific Coast Stock Exchange Monday. Union America owns 99.9 percent of Union Bank of Los Angeles with 17 regional offices and recent Northern California entry via Oakland Bank of Commerce. Harbor Insurance and Swett & Crawford are also part of holdings.
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