Raytheon acquires Heath to expand educational portfolio
Raytheon Co. agrees to acquire Boston text book publisher D C Heath Co in a 38 million deal. Heath stockholders will receive about three Raytheon shares for four Heath shares. The move lifts Raytheon educational sales to about 30 million annually, as it already added Macalester Scientific Equipment Cage Bell Edex Corp. and plans to broaden curriculum and marketing scope. Meanwhile GOP leaders prepare for the 1966 state and congressional campaigns with meetings in Washington including the National Committee and finance group sessions.
MENTIONED IN THIS ARTICLE
Lexington, Mass
UPI
Raytheon Co
Boston
D.C. Heath Co
Raytheon
Heath
Macalester Scientific Equipment Corp
Cage-Bell
Edex Corp
Thomas L. Phillips
Washington
GOP
Ray C. Bliss
GOP National Committee
GOP Finance Committee
Dow Jones Hits New High Despite More Declines
New York AP reports a historic high for the Dow Jones average as 203 stocks fell versus advances on the NYSE. Volume reached 9.73 million shares. The Dow rose 6.40 to 965.46, with Sperry Rand most active at 21 3/8. Chrysler gained 2% on optimism for 1966 auto sales, while GE edged up 1% on record sales and earnings projections.
MENTIONED IN THIS ARTICLE
NEW York
Dow Jones
New York Stock Exchange
Sperry Rand
Sperry
Closist
Chrysler
Lynn Townsend
General Electric
Fred J. Borch
U S and Canada to open talks on St John River power
Washington and Ottawa agreed to begin negotiations for cooperative development of the St John River crossing Maine and New Brunswick. Talks target two dams Dickey in Maine and Lincoln School area with possible flood and power sharing and continued studies of interconnected power systems in New England and the Maritime provinces.
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Washington
UPI
United States
Canada
St. John River
Maine
New Brunswick
Dickey
Lincoln School
New England
Maritime
Johnson
Congress
Secretary of the Interior
Stewart L. Udall
Saint John River
State Department
Interior Department
Army Department
Army Corps of Engineers
Quebec
Aide Jensen Quits Over Humphrey Image Concerns
Washington. Vice President Hubert H. Humphrey confirms press secretary Robert C. Jensen is leaving on leave after nearly two years. Norman Sherman will assume Jensen's duties without the title while Jensen remains on payroll. Detailing differences over the vice president's public image, officials offered no reason for the departure.
MENTIONED IN THIS ARTICLE
Washington
UPI
Hubert H. Humphrey
Humphrey
Robert C. Jensen
Norman Sherman
Jensen
Sherman
Minnesota
Karl E. Rolyaag
Johnson
Tragic Oversight Cited in Fire at JCC Yonkers
Fire Chief says 12 people died in a Yonkers Jewish Community Center blaze from smoke inhalation after being trapped on the fourth floor. Investigators note recent plastic sheeting on the second floor auditorium may have fed the fire and smoke while the exact cause remains undetermined, preliminaries pointing to the auditorium as the origin.
MENTIONED IN THIS ARTICLE
Yonkers
N.Y
UPI
Andrew Gerlock
Howe Pushing Integration In Education
Washington reports new U S education commissioner Harold Howe II plans vigorous enforcement of federal desegregation laws with a long struggle ahead in both the North and South. Howe, a Hartford native and former North Carolina Institute of Learning executive, urged Southern cooperation and linked faculty integration to student integration while noting many Negro teachers have lost jobs due to discrimination. He hinted federal funds could be cut to force desegregation if needed.
MENTIONED IN THIS ARTICLE
Washington
North
South
Harold Howe II
Hartford, Conn
Johnson
Francis Keppel
U.S
Darrow School
New Lebanon
N.Y
Howe
Federal Post
North Carolina Institute of Learning
National Education Association
Draft Standards May Be Reduced To Provide Viet Nam Manpower
Washington AP reports Defense Department and Selective Service officials weigh lowering draft eligibility for about 2 million men deemed unfit to serve except in emergencies. With Viet Nam buildup, I-Ys could be reexamined. changes would be Pentagon decisions.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Selective Service System
Selective Service
Viet Nam
Focal Board
Pentagon
Defense
Officer Guilty in Demonstration Against US Policy
A fireman court martial at El Paso convicted 2nd Lt. Henry Rowe of disrespect and conduct unbecoming an officer for demonstrating against U S policy in Viet Nam. He received two years hard labor, a dishonorable discharge, and forfeiture of pay. possible appeal to higher military authorities.
MENTIONED IN THIS ARTICLE
EL Paso
UPI
United States
South Viet Nam
Henry Rowe
Boulder
Colp
N E To See Echo Satellites On Christmas Night
The Smithsonian Observatory announced that both Echo satellites will be visible in New England on Christmas night, a rare simultaneous sighting. Echo T will appear high and east, Echo S low and south, from about 6:25 to 6:45 p.m. EST, with a repeat display about five minutes earlier on Tuesday.
MENTIONED IN THIS ARTICLE
Cambridge
Mass
UPT
Smithsonian Observatory
New England
Civil Rights Institute Director Recalls Integration Efforts
Howe described bringing Negro and white teachers together for 12 weeks in North Carolina during his institute tenure. He noted noticeable changes in attitudes and thinking as participants worked side by side, reflecting progress in desegregation under the 1964 Civil Rights Act.
MENTIONED IN THIS ARTICLE
Gorous
Howe
North Carolina
Institute of Learning
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