Margin Floor Raised to Seventy Percent on Stocks
Federal Reserve raises stock margin to 72 percent effective today, strengthening credit limits after a 43 percent year over year rise in margin usage to 6.971 billion dollars. The move, under the 1934 act, aims to curb excessive borrowing as Wall Street weighs potential impact on small investors and trading activity across exchanges.
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Washington
UPI
Federal Reserve Board
FRB
New York
Midwest Stock Exchange
Chicago
Pacific
Wall Street
Three Massachusetts Cities Vote Against Fluoridation
Voters in Worcester Leominster and Fitchburg rejected fluoridation measures while Newton sided with keeping fluoride. Cambridge delayed counts as a repeal proposal faced a close margin, and the anti fluoridation campaign highlighted concerns about health side effects amid the public vote.
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Boston
Massachusetts
Cambridge
Worcester
Leominster
Fitchburg
Newton
Wallace Defends Segregation as Dartmouth Fans React
Alabama Governor George Wallace drew applause and boos as he spoke at Dartmouth College amid protests over segregation. Wallace refused to commit to a New Hampshire primary run, defended police in Birmingham, and said segregation is a law of nature from South Africa to New York.
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Hanover
N.H
Dartmouth
Leverone
Field House
Wallace
South Africa
New York
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Birmingham
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Alabama
Washington
New Hampshire
New England
Hunter's Body Found in Maine
A Connecticut hunter missing three days was found dead near Jackman Maine. Governor Reed and Commissioner Speers said searches for three other missing men will be reviewed and improved. Ernest Leblanc 40 of Rockville Conn was found by wardens in a swamp eight miles northwest of Jackman two miles south of Crocker Pond where his group stayed.
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Augusta
Connecticut
Jackman
Fish and Game
John H. Reed
Ronald T. Speers
Ernest Leblanc
Rockville
Conn
Crocker Pond
Leblanc
Zones 3 4 App and mileage display fragment
A fragmented OCR item shows zone pricing for an app and mileage value. It lists zones 3 4 and amounts like 52.00 40, with unclear currency and context. Further readable details are insufficient to identify the event or organization.
Ex FBI Agent Joins Baker Probe Chief Investigator Named
William Ellis Meehan, a retired FBI agent, was named chief investigator for the Robert Baker case on the Senate Rules Committee. Chairman B Everett Jordan said the panel may name a special counsel to direct the overall inquiry, aiming for independence and credibility. Meehan, from Lilly, Pennsylvania, resigned from the FBI last year.
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Washington
FBI
Senate Rules Committee
Robert
Bobby) Baker
B. Everett Jordan
D-N. C
William Ellis Meehan
Baker
Senate
Democrats
Jordan
Rules Committee
Prote
Meehan
Lilly
Vaccine Ready For Colds
Washington report says government scientists have developed the first experimental vaccine against cold viruses tested on volunteer prisoners at the federal Lorton Reformatory in Virginia. Dr. Robert Huebner of NIH calls it an encouraging first step toward a potential broad “shotgun vaccine” though years of work may lie ahead.
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Washington
Federal Reformatory
Lorton
Robert Huebner
National Institutes of Health
Huebner
State Dept Fires Security Officer Otepka in Dismissal
Otto F Otepka, 48, was dismissed Tuesday as a State Department security officer for conduct unbecoming an officer. He had been suspended since Sept 23 and faced charges including giving confidential information to the Senate Internal Security subcommittee. The department upheld the charges after reviewing his Oct 14 letter requesting dismissal.
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Washington
Otto F.otepka
State Department
Department of State
Otepka
Senate
Internal Security Subcommittee
John Ordway
Waterville keeps bicameral government in referendum
In Waterville Maine the bicameral city government was retained after voters rejected a proposed charter change to a unicameral body by a vote of 1220 to 1090. Only Everett Massachusetts still maintains a two chamber local government.
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Waterville
Maine
Everett
Mass
Margin in ICBMs Estimated at 4 to 1
London AP reports a defense survey estimates by 1964 the United States will hold 475 ICBMs against about 100 in the Soviet arsenal. Soviet forces total 3.3 million compared with 2.7 million in the United States, with Western alliance manpower at 7.8 million versus 7.5 million for the Communist bloc. The Institute for Strategic Studies notes limited shifts in Soviet policy and ongoing ICBM buildup, stressing high yield warheads on fewer missiles. The report sees the test ban treaty potentially hindering some progress but not blocking very low yield weapons development.
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London
America
Russia
Red China
Institute For Strategic Studies
Ford and
Rockefeller Foundations
Approval Likely For College Aid Building Bill
Washington voters await action on a 1.2 billion bricks and mortar college aid construction bill as House conferees work to reconcile differences with vocational education aid. The measure would fund a three year program of federal grants and loans for classrooms libraries and laboratories while a separate education act expansion and boosted student loan program are debated.
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Washington
UPI
House
Senate
House Senate
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