Stocks Continue Slipping Amid Broad Market Decline
New York stocks move lower at noon with 805 declines to 343 advances as the Dow Jones industrial average slips to 788.54. Litton Industries trading halted on the Big Board after a sharp block trade. the company reports weaker quarterly earnings. Steel and tobacco shares decline while autos, mail order retail, aircraft, utilities, chemicals, rails, and oils fall. steels and tobaccos rise.
MENTIONED IN THIS ARTICLE
New York
Litton
Litton Industries
Molors
Tax reform sparks new gimmicks to beat law
Wallington AP reports that despite debate to close loopholes a diverse set of private interests quietly crafts new tax gimmicks. The 1989 Tax Reform Act moves through committees and chambers while lawmakers joke about opening new holes as others close old ones.
MENTIONED IN THIS ARTICLE
Wallington
House
Ways and Meats Committee
Full House
Senate Finance
Ways and Means
Swinging gifts for Christmas
A humorous roundup lists odd holiday products from radio loud tractors to space age gear. Items include battery mittens, a plastic box surf machine, a big Playboy pinup, a space blanket, space compatible footwear, and eccentric cologne packages from Avon and Aramis. The piece hints at broader tax and political influences in investment credits shaping corporate gains.
MENTIONED IN THIS ARTICLE
New York
UPI
Timely
Hobi Inc
Dennison
National Rsearch Corp
Revell
Raichle
Reynaud
Orbit
Astro
Larsen Co
Aramis
Avon
Winn-Dixie stock swap looms in tax reform debate
The article reviews tax reform provisions affecting corporate stock exchanges and special exceptions, citing Winn-Dixie Stores as a case study. It notes how regulatory dates and grandfathering could let Winn-Dixie executives benefit from an earlier stock swap, despite new rules aimed at strict taxation. It mentions Mobil Oil, AT&T, and the Kellogg Foundation as other beneficiaries and traces congressional action through Ways and Means and the Treasury.
MENTIONED IN THIS ARTICLE
Capitol
Ways and Means Committee
High Petroleum
Mobil Oil Co
American Telephone & Telegraphic Co
W. K. Kellog Foundation
ABC Co
Winn-Dixie Stores, Inc
Jacksonville
Fla
Ways Ami Means
Winn Disle
Bahamas
Treasury
Whi Dixie
James EB. Davis
Davis
Irem
Florida
George A. Smathers
Senate Finance Committee
Winn-Dixie
Ways and Means
Ways and Meats Committee
Hayward Chamber to elect officers at joint board meeting
The Hayward Chamber of Commerce will hold a noon meeting of its Board of Directors on Tuesday December 9 at the Elk's Club 1081 B Street. It is a joint session of the 1968 and 1970 boards to elect officers and five directors at large, with installation at the annual dinner dance on Saturday January 7 at Sunol Country Club.
MENTIONED IN THIS ARTICLE
Hayward Chamber of Commerce Board of Directors
Elk’s Club
B Street
Chamber
Sunol Country Clu
Obituaries from South County region
Obituary notices list Rose Nunes Machado 83 of San Pablo died December 7 with a Requiem Mass at St John’s Church San Lorenzo and rosary at Sorensen Brothers Mortuary San Lorenzo. Maude Olson 44 of San Leandro died December 4 with service at Santos Robinson Mortuary San Leandro. Karl Arthur Reid 33 formerly of Hayward died December 2 with services at Howe Mortuary Chapel Longmont Colorado. Mary A Schmitz 51 of San Leandro died December 6 with local arrangements by Birmingham Funeral Home Vienna Missouri and Gibsons San Lorenzo Chapel. Anthony M Silveria 81 of Hayward died December 7 with service tomorrow at Sorensen Brothers Mortuary Hayward.
MENTIONED IN THIS ARTICLE
Hayward
Howe
Longmont
Colorado
Mary A. Schmitz
San Leandro
Pife
Birmingham Funeral Home
Vienna
Missouri
Gibsson
San Lorenzo
Lowelling Blvd
San Loreno
Anthony M. Silveria
Sorensen Brothers
Death notices note December 1969 Bay Area observances
Death notices record multiple local obituaries from Hayward and Menlo Park. Réag Nunes Wackadd of San Pablo, a Royal Neighbors member, is mourned with prayers and services at St John the Church in Hayward. Ropword Silveria and relatives in Hayward, Oakland, and New York are also listed with funeral arrangements and interment details.
MENTIONED IN THIS ARTICLE
Réag Nunes
San Pablo
Joseph Mocheds
Mrother
John A. Betlancevit
Haywood
Joth Minta
Menlo Poth
Dent
Paul
Stephen Kathleen Minta
Menlo Park
Royal Neighbors of America
Poinsaller Camp
Hayward
Holster
Sorensen
Steet
Ropword
Ruby Silvatis
Leonard
Uillins Silvera
Edward
Frankin Silveria
Prement
Milend Sivaria
Cento Vollay
Jayen Kouls
San Lerenta
Joseph Silveria
Oakland
Minnin Sevida
Haysward Ord
Corie Pollasa
New Yok
Califeria
Grors
Ora
Mayward
Joseph
Convict labor program to pay $5 million dividend
Federal Prison Industries Inc. will pay the Treasury a $5 million dividend for 196% based on a projected net income of $12 million. The government owned corporation operates 43 factories in 21 federal prisons and the St Leavenworth Army Barracks and uses convict labor to supply goods and services for federal agencies only.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Prison Industries Inc
St. Leavenworth, Kan
The
Treasury
John W. Mitchell
Also Mentioned on This Page
Daily Review
al Stra
Maid of Hayward
Karen Bersagel
Hardi Gardens Nursery
Rick Schlegal
Jeff
J. Kenneth Birchfield
Presi
Hayward Chamber of Lammerce
Washington Ave
Lewelling and
Grant Avenues
N.Y. Stock Exchange
Dow Jones
SGRK
UPO
Newe York
Stak Tacksrae
Selvaikdy
Teledyne
USA
Evershart
ArmBrands
Issa
Aw Arabe Ld
Amcyan
Br Faberge Ao
Textron
aitCam
Oors Bane Felrmcor
Amaia
Ferraco
Amatek
FreestSey
Hegtil
Eapavant Va
Ancorp
Armes
Atarota
Arenas &K
Genewe
Bell& HU
Bendix
Getty
Glen Alden
Boeing
Gooden
Bay
Bane
Borden Lia
Ay Sea Bow
Hstuac Va
Bourn Inc
Okisng
Fay Tay
Rtp
Nestat
Si Boy Cots
Clinger
Omigrkin
Aki
Ra Vwaiinde
Wwe A
Gruman
Burling
Uenessiectee
Cerra
Hobart
Benney JC ' Yeo
Splesthos High
Cessnaa
Dae
Perris
Pepsico
Arklag
Chrysier
Mie Howes
Clare Corp
Pi Isbry
Te Cormputeyt
Dal
Baghta Ics Ik
Ing Rand
CotsFad
Mrca Corpa
Goaco
Mike Cop
Contel
Lottar
Crane
Jones la
Kaiser al
Denmann
Tate Hao
Utah
Ein Weys
Mu Dieshm
KLM
Pepe
Kroyer
Diathes
American Everads Ny
Omer
Annevier
Nate Wet & Singer
Dresver Lo
Wea
Bank of America
DuPont Gas
Franklin Cle
Boscotp uMast
Spartan Ind Hpx
Athmia
Golden Waal Financial Isl Core
Wwe Eatale
Tate
Tals
Kaiser Steel
W. K. Kellogg Foundation
Arlene Murray
South County Business Briefs
Isle Royal
Wells Fargo Bank
Fremont
Congressional
Senate
Congress
Nixon
Hayward Chamber
South County
P.O
Woodmen Accident and Life Company
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Hoy L. Rehnamer
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