Continental bank tests 33 hour work week for data staff
In Norristown Pennsylvania 40 computer employees start a 12 hour 20 minute day with a 45 minute lunch and two 20 minute breaks to produce a 33 hour week. President Russel Fitzgerald says pay remains the same and surveysback a majority favor the plan. Studies begin to apply the shorter schedule to the remaining 1,500 employees.
MENTIONED IN THIS ARTICLE
Norristown
Eday
Continental Bank
Russel Fitzgerald
Fitzgerald
Investment guide notes high yield bonds versus stock
The piece quotes Sam Shulsky discussing high quality high yield bonds maturing in four to five years sold at a premium. He questions their safety as short term investments compared to the issuing company’s common stock and remarks on demanding a clear positive answer.
MENTIONED IN THIS ARTICLE
Sam Shulsky
International Telephone and Telegraph
Baltimore Gas and Electric
Alamo
San Antonio
GM recalls 260000 trucks for front spring and brake checks
General Motors recalls about 260,000 Chevrolet and GMC light duty trucks for inspection of front spring assemblies on roughly 124,000 four wheel drive units from 1969 to 1971 and for brake vacuum cylinders and brackets on about 136,000 three quarter and one ton trucks from 1971. Potential spring breakage could steer left in left hand drive and right in right hand drive.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Chevrolet
GMC
West Germans Embrace Home Work Amid Industrial Shifts
The report notes 120000 West Germans work at home in cottage industries such as contract electrical assembly weaving and dressmaking, with women accounting for about one fifth. The piece contrasts home-based labor with formal employment trends and hints at broader economic implications.
MENTIONED IN THIS ARTICLE
Munich
Germany
West Germany
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Cleeb
Samno
Tad
Jae
the Investor’s Guide
Aiease Inch
Inveiooe
Sam Sawsky
IGM
Common
Baltimore G. and E
TSC Stores
Wem
Srmanset-Prase
TSC
Cedar Rapids
Aed
10Th Street
Marion
3Rd Avenue
S.W
SONY
B.S.A
Ballarge
S.R
Scott
Speckert
Hitachi
V.U
Masterworks
Stereoland
Discount
Third Avenue
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