Britain’s Rail Strike Halts Britain and Economy
London reports a nationwide rail walkout crippling transport. Drivers refuse to start engines, paralyzing passenger service and delaying commutes while milk trains halt and goods traffic dwindles. The strike follows wage disputes and prompts mobilization plans, as aviation and road transport scramble to pick up slack.
MENTIONED IN THIS ARTICLE
London
Bor
Ray Gumner
All
Astar
Auramobile
Aviations
Harold W
Mobil Aing
Avimy Tucksay
Stock Market Advances in Early New York Trading
The stock market moved higher in early Monday afternoon trading led by steel shares and key industrials. The Dow Jones Industrial Average rose amid cautious gains as U S Steel and Republic Steel showed resilience, while rail stocks and consumer credit data supported a broad advance.
MENTIONED IN THIS ARTICLE
New York
Steel Firms Mall Price Hike Moves Industry
Pittsburgh AP report notes US Steel raised prices on cold rolled sheets by 3.5 percent to 3 a ton. Other steel makers consider follow. Chief Adviser Gardiner Ackley urged restraint, saying costs and prices are already high and technology should boost profits. Industry profits dipped 3 percent in first 10 months.
MENTIONED IN THIS ARTICLE
Pittsburgh
Controm
U.S. Steel
U.S. Steel Corp
Steel
Biogess
Gardner Ackley
President's Council of Economic Advisers
Py Iy Arkimmedi
Johnson Presses 4.1 Billion Budget Cuts Despite Tax Hike Setback
Washington reports the administration will push a 4.1 billion spending cut package even as the 10 percent income tax surcharge faces a stalled outlook. President Johnson would pursue reductions without full congressional approval. Despite cuts, next year’s outlay remains higher than the January forecast, estimated at 146.2 billion. Chairman Mills signaled the tax hike’s prospects are dim after recent hearings.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Congress
Wilbur J. Mills, Dick
Ways and Means
San Francisco Purchases Face Suit Probe
In response to a suppression by mayor elect Joseph J. Alioto city purchases of antibiotic drugs drug fittings and plumbing fixtures are being reviewed with an eye to filing or antitrust. Alioto asserted in several campaign speeches before the Nov 7 election that an investigation might turn up something. The probe is being directed by Deputy City Atty. Robert M Desky.
MENTIONED IN THIS ARTICLE
San Francisco
Joseph J. Alito
Alioto
Robert Mi Desky
San Leandro Bank Declares $2 Per Share Extra Dividend
SAN LEANDRO An extra dividend of 2 dollars per share has been declared by the directors of the First State Bank of San Leandro. The payment is in addition to the regular dividend paid on July 10 and December 10 of each year to stockholders of record in November 2011.
MENTIONED IN THIS ARTICLE
Royal Air
Tie Ris
Real National
Galen
Hailewayaien
Easineers
Siit Biel
Caner
London
Liverpool
Sirwa Corporation
BOAC
British Agricultire
Agriculture Ministry
England and
Wales
San Leandro
First State Bank of
New York Stock Exchange Prices Drift in Early Sedate Trade
The report from the New York Stock Exchange notes a tepid start to prices in early trading. Brokers describe light turnover as investors await clearer guidance on market direction. Asset classes show modest gains and declines with little conviction.
Performance Stocks Oft Described as Overrated
A letter discusses the rise of performance stocks over traditional blue chips, noting brokers push high flyers for commissions. It warns investors not to abandon quality stocks and explains how earnings per share are restated after splits to allow fair year to date comparisons.
MENTIONED IN THIS ARTICLE
Wall Street
XYZ Corp
XYZ Common
XYZ
Also Mentioned on This Page
Britain
Dow
Jones Industrial Aywage
Lysees
US Steel
Republic
Arinea Steel
Ior
Telem
Privé
Aughlin
Associated Press
S.F
San Leandro Bank
Baily
Castro Valley
Alo
Ny al
John
Kristine Mamrah
Rick Bigelow
Castro Village
Bud Bowling
Lef. Ye. i
New York Stock Exchange
KEW York
Engha
DOW Jones
Adi
Iowap iv
AirRadio
Uta
Hans
Rayene
Heli
Eange Sd
Bosch
Cada Curtis
Kimbtle
Amerysug
Konnars
Ry Ameipw
Ameyan
Beimi
Curtis We
Brabtoy
Dette Co
Ata Rydersys
Armtafdy
Dalbadie
Pacific
T Kenman Co
Uiebate
Gettyont
Bates
Dal Steel
Stetty Sen
Aselggr
Yate
Ien
Gilycup
Schoaley 7.20 60 Ath 45" Hy Ean Stet Au Ah 2 By Zy Dist Seag
Rene
Seodyr
Graceco
Scipwil
Ambp Inc
talSeel Peneet
Ampex Corp
felShd Cail
Crarge
duPont
Tate
Noon Foe
Ari Son
Lukent Sa
Agatas Bet
rchDan
Grumaire
Tilwacreco
Seeley
Sinclair
Ina Ass
Allees
Ae Atchison
Tap Mall
Vaagmar
Afas Corp
Ee McCall
Hanepsl
Tealt 'S
Tata
Étonawa
Stevern
Briggs
Bryasvick
Wyerskest
Tampa Ecy
Bucy
Erie
Tallary
Teaneco
Texaco i
Burt
Cemerl
Parccastel
Pete
Hinge Heatrey
Signarona
Taerres Bey
CellinRad
Creerer
Cora
Orrenslit
Hutky
Ejinar Electronics
Fund America Aly Pac
Vina CO
Uaarte
Hergel
Ene m
Loatiarg
Lake Area
Testa Air
Gia
Panhep
Roya Ny
Merin Amer
Taonoey
Yale
Phillips
Ruther
Hetchworth
Pennzoil
Haret Jones
Roy
Gorrgen
Kynnes
Johnves
Ow Daily Investor
Wewrsx
William A. Boyle
Wall
Ehcline
Neetu Oh
de Wend
Dan Sharovel
Avco
PRIFT
Amuslean Industrial Bunkers Association
California
Associated of Thells and Load Companie
Hayward
Californe
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