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Newspaper
Berkshire Eagle
Location
Pittsfield, Massachusetts, United States of America
Date
May 21, 1965
Page
7
Ford Motor Company reports the most successful operations in its history at a stockholders meeting. Henry Ford II says a nine million car year is possible in 1965 and outlines added spending of about $800 million to expansion plans, with $200 million by end of 1966 and $600 million in 1967 to meet rising demand.
The Ford Foundation will offer six million shares of Ford Motor Co. stock in a public offering. At current prices this is about 346 million dollars. The foundation has begun talks with Ford and underwriters led by First Boston Corp to register the issue with the SEC for a sale planned in the latter part of June. This would be the seventh Ford share offering by the foundation, which owns 43.7 million Ford shares and would represent roughly 5.4 percent of Ford’s 110.6 million outstanding shares.
Albany bill would outlaw entry by youths 16 and under to stores selling literature or pictures dealing with illicit sex or nude figures. It creates a misdemeanor for owners and reps, up to one year in jail or a 300 dollar fine, but exempts youths accompanied by a parent. Gov Rockefeller awaits action while other anti pornography measures advance. In Bournemouth England a municipal plant opens, drawing heavy public interest with planned open days.
UPI Boston Chief Judge Bailey Aldrich refused to issue an injunction to block Attorney General Edward W. Brooke from calling Chicopee man Leo Benoit to testify at the trial of former Gov. Foster Furcolo. Madden, Benoit’s attorney, argued the testimony would amount to self incrimination and sought relief from Judge Wyzanski, who Madden said would lack impartiality.
In Tonopah Nevada UPI says Nuclear Ned won the Nevada frog jumping contest with an 18 feet 9 inch leap. Plans call for Ned to be secretly transported to California for the Calaveras County event ahead of Sunday. Joy Hamann Nevada frog commissioner cites threats from California governor Brown’s militia as a reason for secrecy.
Massery plans to attend the eastern regional ALSAC convention and reception for Danny Thomas in New York May 29 30. He will present a local fund drive check to Thomas in the Sky Top Room at the Statler Hilton and participate in workshops and fund raising events.
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