AMC's Credit Extended Amid Sharp Losses in 1967 Quarter
AMC extends revolving credit to 95 million through Dec 3, omits dividend for June quarter. Six month loss hits 30 million, or 1.58 per share after tax. Six month sales fall to 402.1 million, with worldwide AMC car sales down 24 percent from year earlier. Kelvinator U S and Canadian sales rise 21 percent in first six months.
MENTIONED IN THIS ARTICLE
Detroit
American Motors Corp
American Motors
Joans
AMC
Redisco Inc
Chrysler Corp
U.S
Canadian
Kelvinator
Company Reports Cash Flow and Value Changes in FY Progress
The firm outlines its October through September fiscal year with working capital at 28.5 million as of March 31, down from 62.7 million at year start. Book value per share stands at 11.77 versus 13.80 a year earlier.
Milford Youth Injured Making Rocket by Blast
A 15 year old Milford youth, son of Rev. Robert L. Young, was injured when a CO cartridge packed with match heads exploded in his hand. He received treatment at Milford hospital for wounds to two fingers. police say he may lose the fingertips.
MENTIONED IN THIS ARTICLE
Milford
Mark Young
Robert L. Young
Kings Highway
Raymond Swift
Swift
Young
Woodmont Union Chapel
Bridgeport Playleader Positions Open for Summer
City of Bridgeport seeks male playleaders for summer roles paying 251 to 271 dollars monthly. Applicants must be high school graduates at least 18 years old and residents of Bridgeport. Details available at the Civil Service Commission 45 Lyon Terrace.
Coast Guard Finds 1966 Boating Deaths Drop One Percent
The Coast Guard reports 1966 total boating deaths down one percent despite a 16 percent rise in accidents and sharp increases in injuries and property damage. Injuries jumped 67 percent and property damage 55 percent with total damages over seven million dollars. Capsizing remained the leading cause of fatalities, with 621 deaths.
MENTIONED IN THIS ARTICLE
Washington
Coast Guard
Adm
Willard J. Smith
Connecticut Answers: How They Voted on Major Senate Roll Calls
The report lists Connecticut senators Dodd and Ribicoff with party and voting outcomes on two key roll calls. It notes a 64 to 22 adoption to strip amendments from a bill related to the investment tax credit and a 43 to 41 rejection to table kill a motion to strip the Presidential Campaign Fund Act amendment.
MENTIONED IN THIS ARTICLE
Washington
Connecticut
Congress
Senate
Mansfield
D-Mont
Dodd
D-Conn
Ribicoff
Williams
R-Del
Long
D-La
Dodd, Ribicoff
Waggonner in middle of race for Commerce panel
Washington AP report shows Rep. Joe D. Waggonner of Louisiana amid Democratic maneuvering over a Commerce Committee vacancy. House rules require expansion to seat all three freshmen Stuckey Kyros and Waggonner, with Mills indicating the plan remains tentative and a vote by the full House may be needed.
MENTIONED IN THIS ARTICLE
Washington
Louisiana
House
Commerce Committee
Joe D. Waggonner
Plain Dealing
Wilbur D. Mills
D' Ark
Democratic Committee On Committees
House Commerce Committee
W. 5S. Stuckey
Georgia
Peter N. Kyros
Maine
Waggonner
Mills
No Prearranged Plans Cited By Official
Asked about advance arrangements the official said none were made and that sometimes they work things out afterward.
Hotel Fire Claims Four At Kenesaw in Minneapolis
Fire destroyed the four story Kenesaw Hotel in Minneapolis on Monday night. Fire Chief Kenneth Hall said three men and one woman were found dead, with a search for additional victims underway but unlikely to reveal more than the four fatalities. A separate UPI report notes John Dolan, 23, released from prison in Birmingham, returns to prison for two more years after a prior term and a noted purchase of a knife.
MENTIONED IN THIS ARTICLE
Birmingham
England
UPI
John Dolan
Minneapolis
Minneapolis, Minn
Kenneth Hall
Kenesaw Hotel
Hall
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