Prices Rise as Purchasing Power Drops in Q2
The government reported a $10 drop in per capita purchasing power for the three months ending June 30. Inflation and higher taxes reduced real income from $2,287 to $2,277 as prices outpaced earnings, despite earlier gains. President Johnson noted incomes had risen faster than prices over five years, but the recent quarter showed a setback.
MENTIONED IN THIS ARTICLE
Washington
UPI
Johnson
Council of Economic Advisers
Des Moines
Senate Years of Deadlocked Airline Strike Prompt Action
Senate Labor Committee heard from airline spokesmen and IAM AFL CIO as it weighed emergency measures to end the ongoing strike in its 19th day. Morse urged a 180 day mediation panel while asserting a national emergency exists, with action possible this afternoon or Wednesday.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate Labor Committee
Johnson
Senate
International Association of Machinists Afl-Cio
Wayne Morse
D-Ore
Morse
Committee Acts To Halt Interest War In Banking
The House Banking Committee voted 19 to 9 to cap deposits of 100000 dollars or less at 4.5 percent for one year to slow the rate war between banks and savings and loan associations and spur home building. Larger deposits would stay at up to 5.5 percent. Chairman Wright Patman urged the measure to aid a home building slump. Also, Rep Edwin Willis denied anti Klan bill targets bona fide groups and planned an amendment for clarity.
MENTIONED IN THIS ARTICLE
Washington
UPI
House Banking Committee
Savings and Loan
Wright Patman
Dtex
Klan
Edwin Willis
Dla
The
Masons
Knights of Columbus
Willis
House Committee On Un-American Activities
Arkansas Voters Choose Governors Election Day
Arkansas voters went to the polls in a Democratic primary with Orval Faubus not on the ballot for the first time since 1954. Seven candidates include Brooks Hays Dale Alford Jim Johnson Sam Boyce Raymond Rebsamen Kenneth Sulcer Frank Holt and others as Winthrop Rockefeller faced limited opposition.
MENTIONED IN THIS ARTICLE
Little Rock
Ark
APD
Arkansas
Orval E. Faubus
Faubus
Winthrop Rockefeller
Brooks Hays
Congress
Jim Johnson
Arkansas Supreme Court
Johnson
Sam Boyce
Young Democrats of
Raymond Rebsamen
Cautious Optimism On Fate Of War Prisoners
The Johnson administration shows cautious optimism about the fate of American airmen and other prisoners held by North Vietnam. Officials avoid warnings of harsher consequences while pressuring Hanoi to follow Geneva convention rules. State Department welcomes indications prisoners will not be tried for war crimes.
MENTIONED IN THIS ARTICLE
Washington
UPI
Johnson
Viet Nam
Hanoi
White House
U.S
North
State Department
Ho Chi Minh
Murder Indictment Sought Against Richard Speck
Chicago prosecutors presented to a secret grand jury seeking murder indictments against Richard Speck in the case. The proceedings were held as part of the state’s effort to pursue charges related to the killings.
MENTIONED IN THIS ARTICLE
Richard Speck
Chicago
UPI
Illinois
Speck
Corazon Amarao
Miss Amarao
Josephine Chan
South Chicago Community Hospital
Edwin Reischauer Resigns as Ambassador to Japan
Edwin Reischauer resigns as ambassador to Japan to return to Harvard University. U. Alexis Johnson selected to succeed him. Senate review forthcoming. No Tokyo date set. Reischauer to teach as university professor at Harvard, where he once directed the Teaching Institute. This report also notes related grand jury proceedings in the Richard Speck case and witness issues.
MENTIONED IN THIS ARTICLE
Harvard University
U. Alexis Johnson
Johnson
Reischauer
White House
Bill D. Moyers
Senate
Tokyo
Harvard
Grand Jury Probes Cleveland Rioting and Guard Scaleback
A grand jury meets behind closed doors in Cleveland to probe the Hough riot and firebombing. Mayor Locher plans talks with National Guard officials on reducing the 2,000 troops on duty as the case unfolds. Louis Seltzer, former Cleveland Press editor, serves as foreman and declines to comment.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Hough
Ralph Locher
National Guard
Louis Seltzer
Cleveland Press
Physician Arrested in Florida Charged with Double Murder
Dr. Carl A. Coppolino, a New Jersey physician, is charged with murdering his friend Lt. Col. William E Farber and Farber's wife Carmella after their bodies were exhumed and autopsies performed. Authorities contest where he will face trial amid ongoing investigations into the deaths and his own health issues.
MENTIONED IN THIS ARTICLE
Sarasota, Fla
UPI
Carl A. Cappolino
Middletown
Twp
N.J
Coppolino
Sarasota
Army
William E., Farber
Carmella
Florida
New Jersey
New York
Cappolino
Farber
Frank Schaub
Also Mentioned on This Page
Dale Alford
Hays
Kenneth Sulcer
Frank Holt
Supreme Court
Rockefeller
Nelson Rockefeller
Gus McMillan
Sheridan
Nichols
Morgan
Edwin Reischauer
Japan
Edwin O. Reischauer
Bennington Banner
Main St
Bennington
Banner Publishing Corporation
United Press International
Vermont
Adams
Grand Jury
Leo Jackson
Vincent P. Keuper
Schaub
Farbers
Coppolinos
Mary Poellnitz Gibson
Budapest
Hungary
Lake
Balaton
Philco Wringer
Main Street
Noveck - Shultz, Inc
Bal
NFSA
D. Mahar Oye Son
Dhone
Bennington, Ve
USO
United Fund
Community Chest
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