AMC Is Dividend-less Minicar Idea At Investor Meeting
AMC stockholders heard that a sixth straight dividendless year continues as the company posted an $8 million loss for the quarter ending December 31. leadership outlined a 1967 plan including a 10 day plant shutdown to align production with sales and hinted at a new minicar smaller and cheaper than the Rambler American, with no further layoffs announced.
MENTIONED IN THIS ARTICLE
Detroit
American Motors Corp
AMC
Roy D. Chapin Jr
William V. Luneburg
Luneburg
Apollo Widows Receive Letters From Students
MEMPHIS TENN AP Pupils at Shady Grove school wrote letters to the widows and children of Apollo 1 astronauts after a fatal flash fire. The notes express sorrow and empathy as students recount personal ties to Roger Chaffee and admiration for the fallen crew.
MENTIONED IN THIS ARTICLE
Apollo
Memphis
Tenn
Donald Mendez
Edward H. White II
Ray Lacy
Roger B. Chaffee
Air Force
Cols. White
Virgil I. Grissom
Navy
Chaffee
Shady Grove
Davie Kabakoff
A.B. Kabakoff
Grand Rapids
Mich
Sshe
David
Roger
Jamie Creson
Protests In House Point To Legislative Sessions Debate
Two resolutions by Representatives Kerns and Stocksdale call for annual legislative sessions. A Senate bill by Secretary of State Brown would tighten campaign expenditure reporting using bank records, raise candidate spending limits, and permit local election boards to open branch offices. A clash over bond financing stalled amid amendments, with plans to rename the agency the Ohio Bond Commission and expand its board to five members with governor appointments for vacancies.
MENTIONED IN THIS ARTICLE
Lloyd Kerns
Union
Vaughn Stocksdale
Darke
Senate
Ted W. Brown
Brown
Associated Press
Beckman
Fisher
Cincinnati
General Revenue Fund
Ohio Bond Commission
Ohio Building Authority
Ohio Betterments Commission
Wage Law Is Subject Of Suit In Ohio
Ohio plans to challenge the federal minimum wage measure taking effect. The state objects to overtime provisions, saying cash pay for overtime would strain the budget. A March 29 hearing in the Maryland suit is set as Ohio joins similar actions by other states. A second item notes Norway rats bred in labs show reduced brains and adrenals, earlier maturity, and tameness, improving suitability for human environments.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
State of
Ohio
Samuel Lopeman
Ohio Attorney General
Ohio Department of Mental Hygiene and Correction
Lopeman
Maryland
Baltimore
Also Mentioned on This Page
By Charles C. Cain
Wisconsin
Chapin
U. S
Two Isles
Chile
Pacific Islands
Alexander Selkirk
Robinson Crusoe
Selkirk
Isla Mas A Tierra
Mas Afuera
Isla
Alejandro Selkirk
Nelsonville
Coats & Sportswear
Betty Rose
Bie
the Messenger
Athens, Ohio
Norway
Poe
Ge’s
Hoffman
Cam
Cleans
General Electric
Televisions
Public Square
I Teezet
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