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Newspaper
Argus
Location
Fremont, California, United States of America
Date
Jun 29, 1969
Page
4
Parker Hannifin engineers and IBM computers tested a cryogenic nitrogen system to inert fuel tank vapor spaces. The model-based flight simulations shaped the design, promising compact liquid nitrogen storage and low operating costs for coast to coast flights.
Advice on reducing burglary risk while away includes using automatic timers for lights, storing valuables in a bank safe deposit box, suspending deliveries, asking a neighbor to collect mail, keeping drapes open, sharing a spare key, double checking locks, mowing the lawn, and notifying police of departures and returns to minimize break-in chances.
The piece traces how the 1940 Investment Company Act shaped mutual funds and the shift in policy since 1951 when the SEC allowed private placements of restricted stocks with limits. It notes lawsuits over inflated valuations, SEC crackdowns, and calls for fresh ground rules, including a possible ban on new restricted stock purchases and gradual divestment.
Mount Vernon NY readers learn the Truth in Lending Act takes effect tomorrow. It requires clear disclosure of the annual percentage rate and the finance charge to compare credit offers. The act defines finance charge, warns about hidden fees, and notes insurance premiums may count.
A 1968 ADA survey shows 1967 mean net income for dentists at 23 761, up from 1964. Outlook suggests demand will rise as decay falls, with future needs shifting to orthodontics, prosthodontics, endodontics and periodontal care, with a predicted 30 percent rise by 1975 and 75 percent by 1980.
The piece notes projected dentist demand will exceed supply, urging expanded dental education. It highlights a male-dominated field with few women, outlines current U S dentist numbers in private practice and specialties, and describes required aptitude tests and six to eight years of advanced study. It advertises ADA literature and a Career Corner column for readers.
The Medical College of South Carolina hospital ended a three month strike by 9 African American workers in Charleston after an agreement with Local 11998 of Hospital and Nursing Home Workers Union AFL-CIO. Two Charleston hospitals stayed in operation and leaders pledged to continue organizing hospital workers nationwide. Reverend Ralph David Abernathy, who led a hunger strike over his arrest on riot charges, praised the settlement.
Chicago CME seat brings $70,000 in what brokers call the highest price for any U S commodity exchange. Everette Barris cites rising membership demand and CME expansion into new futures such as lumber, with recent sales at $60,000 and $65,000 earlier this year and $200,000 asked.
A new mechanical device built at General Electric's Research and Development Center can measure and record minute jaw motions beyond conscious perception. It aims to help dental researchers analyze jaw movements to correct bite issues between teeth or dentures.
J Carlton Johnson, a Black entrepreneur from Gary Indiana, tells how perseverance in education work and strategic career moves led him from Indiana University to Shell and Scott Paper, then to leading J Carlton Johnson Associates. He argues for performance as a path for Black advancement and criticizes militant demands while emphasizing self investment and mutual gain. He notes discrimination in pay but rejects bitterness, aiming to shift attitudes through demonstrated competence. He projects change within ten years as merit unlocks opportunity and white and Black workers benefit from successful minority leadership.
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