Wall Street cautious as rallies fade seeks bottom near 860 880
Wall Street analysts from Bache & Co and Tessel Paturick Ostrau describe the Dow hovering around the 880 mark with resistance at 660 and expect the downward phase to bottom in the 860 880 zone. They forecast a July August rally and advise buying leading equities while noting a potential bond rally after a credit crisis emerges.
MENTIONED IN THIS ARTICLE
New York
UPI
Wall Street
Bache & Co
Tessel, Paturick & Ostrau
Almanac entry for June 23 1969 and notable historical events
Almanac notes today is Monday June 23 1969 the 174th day with 191 to follow. Historical items include Texas annexation talks 1845 Taft Hartley Act passage 1947 Maxwell Taylor named ambassador to Saigon 1964 and Senator Dodd censured 1967. A thought on courage and prudence.
MENTIONED IN THIS ARTICLE
United Press International
Venus
Saturn
Mars
Jupiter
Congress of Texas
United States
House
Truman
Maxwell Taylor
Saigon
Henry Cabot Lodge
Senate
Thomas Dodd
Treasury Report Highlights Through June 18
Treasury data show withdrawals and deposits affecting the cash balance and public debt. The report notes a gold balance of $197,250,452.606.02 and outlines fiscal activity for the year ending June 18.
MENTIONED IN THIS ARTICLE
Washington Jury
UPI
Wthdrwss
Record Heat Tops U.S. Sunday Readings in Texas and Montana
The U.S. Weather Bureau reported the day's highest temperature excluding Alaska and Hawaii as 109 degrees at Presidio Texas. A low of 39 degrees was recorded at Dillon Montana.
MENTIONED IN THIS ARTICLE
New York
U.S. Weather Bureau
Texas
Panhandle
Dalhart
Amarillo
Childress
Cotulla
San Angelo
Tyler
Air controllers slow down disrupt New York flights
In a sick call work slowdown Thursday air traffic delays and flight cancellations hit New York's busiest hub as controllers protested high pressure conditions and low pay.
MENTIONED IN THIS ARTICLE
Dation
New York
Cummings and Wyatt to Guest Star in Love, American Style
Robert Cummings and Jane Wyatt will appear in guest roles in the new television series Love, American Style. The show debuts next fall on ABC TV.
MENTIONED IN THIS ARTICLE
Hollywood
UPI
Robert Cummings
Jane Wyatt
Abc-Tv
INDEXING BY MORRIS HIGLEY
A column ridicules the SDS Students for a Democratic Society and its calls for revolution. It warns of treason charges for SDS members and speculates on a future Supreme Court ruling on their convictions. The writer compares SDS to historic uprisings and mocks their political aims.
MENTIONED IN THIS ARTICLE
Morris Higley
SDS
Students For A Democratic
United States
Russia
Supreme Court
Valley of the Dolls author Jackie Susann profits from risque novels
Hollywood correspondent Vernon Scott notes Susann's success with Valley of the Dolls and The Love Machine, citing multi million sales, film adaptations, and high reader demand. He contrasts her modern profitability with Chaucer and Shakespeare noting sex and violence in classics.
MENTIONED IN THIS ARTICLE
Vernon Scott
UPI
Hollywood
Chaucer
Shakespeare
Jacqueline Susann
Miss Susann
Jackie
20Th Century-Fox
Columbia Pictures
Willie
Geoff
Susann
Marquis de Sade
New York
Fabregas Lands Feature Role in Two Mules for Sister Sara
Mexican leading man Manolo Fabregas lands a featured role alongside Shirley MacLaine and Clint Eastwood in the film Two Mules for Sister Sara.
MENTIONED IN THIS ARTICLE
Hollywood
UPI
Manolo Fabregas
Shirley MacLaine
Clint Eastwood
Sister Sara
It Is Never Proper To Burn A Flag In Public
A statement declares it improper and disrespectful to burn a discarded U S flag in public spaces, urging reverence for the national emblem and lawful handling.
MENTIONED IN THIS ARTICLE
U.S
Not Prepaying Low-Interest Loans Weighs Against Inflation
Financial column argues inflation changes debt strategy urging to keep long cheap loans and use cash for day to day spending. It compares high rate credit with 5 percent policy loans and encourages cautious borrowing and insurance loans to preserve wealth.
MENTIONED IN THIS ARTICLE
Mother's Knee
Newspaper Enterprise Assn
Quick Quiz Answers From Classifieds
Polonium named by Marie Curie for Poland. The last new letter added is the tenth, J. A 150 pound man weighs about 25 pounds on the Moon, one sixth of Earth. Read the classifieds.
MENTIONED IN THIS ARTICLE
Madame Marie Curie
Poland
Earth
Moon
Newspaper Enterprise Assn
Dollar Sense To Help Poor at Penn State
Two Penn State professors Drs Grant N Farr and Robert B Ribble Jr start a pilot program to teach economics to disadvantaged students. They will develop a curriculum and teaching techniques for elementary and secondary teachers and prepare educational staff to aid underserved youth with a $10,000 HEW grant.
MENTIONED IN THIS ARTICLE
University Park, Pa
UPI
Pennsylvania State University
Grant N. Farr
Robert B. Ribble Jr
Department of Health, Education and Welfare
HEW
Benny Rubin Returns for Small Role in Airport
Hollywood reports Benny Rubin, the veteran stage and screen comic, has come out of retirement to take a small part in Universal’s film Airport.
MENTIONED IN THIS ARTICLE
Hollywood
UPL
Benny Rubin
Universal
Inflation Pain Reaches American Pocketbooks Across The Nation
A nationwide UPI survey shows unchecked inflation hitting consumers hard. High interest rates and rising food costs press households, while officials debate disinflation without triggering a recession. Tax extensions and limited anti inflation steps mix with public demand to curb price hikes.
MENTIONED IN THIS ARTICLE
James L. Srodes
Washington
UPI
Congress
Nixon
Administration
Bill Browing
Dallas
Tex
Sara Smith
Browing
Matthew Thornhill
Charleston
W. Va
Rufus Collins
Indianapolis
Ind
Judy Garland dies at 47 in London home
Investigators found no suicide note in Judy Garland's two story home and did not rule out accidental overdose. Friends recall her happiness with fifth husband Sidney Deans and the legend she created from The Wizard of Oz. Also notes Texas weather front bringing heat with scattered thundershowers across regions.
MENTIONED IN THIS ARTICLE
Deans
Philip Lebon
Miss Garland
Phillipe Roberge
Dorothy
Yellow Brick Road
New York
Liza Minelli
Sidney Luft
Joey Luft
Lorna Luft
Cast Additions for The Undefeated on Location in Baton Rouge
Hollywood reports that Roy Dano and Richard Mulligan join John Wayne and Rock Hudson in The Undefeated currently filming in Baton Rouge Louisiana. Dr Kenneth Clark resigns from Antioch College board protesting racial exclusion in Afro American Studies Institute remarks.
MENTIONED IN THIS ARTICLE
Hollywood
Royal Dano
Richard Mulligan
John Wayne
Rock Hudson
Baton Rouge
Kenneth Clark
Antioch College
Afro-American Studies Institute
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Wall Street Charter
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the Almanac
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Redwine
Flight Safety Foundation
Paul Harvey
Braniff
Foundation
Navy
Childress Junior High
Darlyle Price
McLean, Va
Jimmy
University of Virginia
Jane Louise
Europe
de Gaulle
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Giscard
Republican Party
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Birmingham
Ala
Wayne Cash
Boston
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Harry Hartman
Detroit
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Chicago University
Dr. Friedman
America
Britain
Harold Lever
West Germany
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Union Bank of Switzerland
Japan
Ichiro Takeuchi
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South Central
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