Exchange Chief Calls for Stricter Investment Standards
James Needham of the NYSE criticizes broker training and the lack of government or self regulatory oversight in investment advice. He urges higher qualification tests, mandatory refresher courses, and stronger federal control to restore public trust in Wall Street. He notes institutions’ dominance and high grade bond competition as central market pressures.
MENTIONED IN THIS ARTICLE
New York
Mluch
New York Stock Exchange
NYSE
Wall Street
James Needham
Needham
Guerillas End Truce With Bomb Attacks in Cyprus
Explosions shattered two parked cars in Larnaca signaling a return to violence after a nine day lull in Cypriot conflict. G guerilla fighters of Gen George Grivas and Makarios supporters had waged nightly raids on police stations. Meanwhile Bishop Anthimos’s eve service drew hundreds shouting Makarios as he faced deposing orders from three bishops allied with Grivas.
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Nicosia
Cyprus
Larnaca
Makarios
George Grivas
Demetrakis Haholiades
Grivas
Anthimos
Kitium
Senator Hails Garbage Burning Electric Plant
Senator Gale McGee praised an experimental plant in Menlo Park California that converts domestic garbage into electricity. The $6 million five year pilot by Combustion Power Co under EPA contract aims for 80 tons of garbage daily and about 1000 kilowatts of power, with Monday tests producing 975 kilowatts. If successful, CPU 400 factories could output 12000 kilowatts from 400 tons daily without air pollution.
MENTIONED IN THIS ARTICLE
Menlo Park
Calif
Gale McGee
McGee
Engi
The
Combustion Power Co
Environmental Protection Agency
Combustion Power
Kidney Danger Signals and Home Treatment
An advertisement warns that night urination burning frequent or scanty flow and leg or back pains may signal kidney issues. It promotes Bukets tablets to flush kidneys regulate passage and offers a money back guarantee in 12 hours. Available at drug counters nationwide.
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