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Newspaper
Berkshire Eagle
Location
Pittsfield, Massachusetts, United States of America
Date
Apr 09, 1965
Page
7
General Electric Co posted 77.98 million dollars in first quarter earnings, 85 cents a share, up 28 percent from 1964. Fred Barch cited strong consumer and industrial sales, rising orders from electric utilities, and a tax rate cut as factors boosting profit.
Eight major oil and petroleum companies face federal indictments in a three state sweep alleging price fixing on 2.6 billion gallons of gasoline sold in New Jersey Pennsylvania and Delaware. The firms include American Oil Co Atlantic Refining Co Cities Service Humble Sinclair and Sacony Mobil among others. Civil suits seek to bar continued illegal practices under Sherman Antitrust Act.
Four of New England six state universities report needing at least 5.5 million dollars to meet minimum financial aid needs for qualified students. The Yankee Peers newsletter cites Connecticut Maine Massachusetts New Hampshire Rhode Island and Vermont. Connecticut led with 1.278 million, Maine 1.024 million, Rhode Island 651 thousand, and New Hampshire 495 thousand. A separate London item notes plans for an underground multi faith church at London Airport with a joint trusteeship committee to raise funds.
AP reports Rep. Craig Hosmer proposes replacing silver in dimes quarters and halves with depleted uranium U238 to maintain value. He argues pegging price to silver could deter hoarding and keep coin value stable while noting uranium's radioactivity would be no greater than a television set.
Architect proposes an underground worship space at the central terminal area to be designated by the Ministry of Aviation. The design includes a small central chapel with three altars for three denominations and exclusive use oratories. Rt. Rev. Edward Roberts, Anglican representative on the planning committee, says the airport church will be fully soundproof against aircraft noise.
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