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Charleston Gazette in Charleston, West Virginia

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Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Jun 25, 1968

Page

5

New York Stock Exchange Quotations Tuesday 1968

Stock market page notes quotations from the New York Stock Exchange for Tuesday June 25 1968. It lists listed prices and closing figures for several common stocks and market indicators as printed in The Charleston Gazette.

The Charleston Gazette New York Stock Exchange

Market Posts Irregular Decline On Light Volume

New York averages drifted lower on lighter than usual volume as the market failed to sustain an early rise. The Dow gained 0.9 to 901.83 amid mixed breadth with 777 declines and 603 advances among 1,547 issues. New highs for the year were 105 and new lows 13 as activity sank to 1 12 million shares. Lehigh Valley Industries led volume, while International Paper, American Smelting, Phelps Dodge and BorgWarner posted gains.

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Amsines Merger Approved by U S Aeronautics Board

The U S Aeronautics Board approves the merger of Allegheny Airlines of Pittsburgh and Lake Central Airlines of Indianapolis effective immediately. The deal makes Allegheny the second largest local service carrier by common industry measures.

Washington Ot 77 Aeronautics Board Allegheny Airlines Lake Central Airlines Indianapolis Allegheny Lake Central Pacific Coast Airlines Bonanza Pacific West Coast Air, West Baltimore Pittsturgh Cleveland Detroit Buffalo Erie Parkersburg Wheeling W. Va Cab Chicago St. Louis Seaboard Jennings Randolph Imerger West Virginia Randolph Air Line Assoc Examiner Milton H. Shapiro Boston Cincinnati New York Charleston Toronto Pittsburgh

Trains Slowdown Criples Britain Amid Rail Disputes

London commuters faced disruption as rail workers staged a Sunday night slowdown to press for higher pay. Evening rush hours were clogged, timetables scrapped, and southern region service fell to 50 percent of normal with trains 10 to 30 minutes late. Through trains to Scotland and resort lines in Devon and Cornwall were canceled.

New York Times London Richard Marsh British Railways Scotland Devon Cornwall

Tax policy debates reshape public view on federal spending

Economists discuss that higher taxes may be cheaper than inflated prices amid a shaky economy. The piece notes that future federal spending hinges on the Ways and Means chair, and ponders granting the president power to adjust tax rates within a range to respond to fiscal emergencies. It cites Gordon, Califano Jr., and Kennedy on discretionary tax authority.

House Ways and Means Committee Congress Vietnam Kennedy Kermit Gordon Council of Economic Advisers Joseph A. Califano Jr Johnson John F. Kennedy Lyndon B. Johnson White House

Marshall A Grad Heads Church Group

Dr Lewis J Maddocks of Washington DC was elected executive director Monday of the Council for Christian Social Action of the United Church of Christ. He will assume Jan 22, 1969 at the denomination's New York headquarters, succeeding Rev Ray Gibbons who is retiring. Maddocks, secretary since 1961, was elected at a Baltimore semiannual meeting. He is a Marshall University graduate with a master’s from Boston University and a PhD from Ohio State.

Baltimore Lewis J, Maddocks Washington, D.C Council For Christian Social Acition The United Church of Christ Apnational New York City Wi Ray Gibbons White Plains Maddocks Pat Baltimore Marshall University Hunt W Jllington W.va Dimaster Boston University Ohio State

Nationwide Coffee Systems Franchise Invitation

An advertisement offers a billion dollar industry investment to become a franchisee with exclusive territory for a total of 9800 dollars. Potential earnings projected at 300 to 4200 dollars weekly for varying hours, with training provided. Financing available for qualified buyers and a national coffee system targeting offices, plants, motels, and businesses. Contact L. Daniels, VP Marketing, Coffee Corp. of Penna., 30 E. General Robinson, Pittsburgh, Penna. 15212.

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Also Mentioned on This Page

Eer Onds American Exchange Union Carbide Corp Donald B. Benedict Carbide South Charleston UCC Chemicals Division Amsines Britain Gordon Marshall A. Grad Western Union Telegram Onald Pestrct Morgan Sales Mgr UL Au Dealer Vals
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