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Daily Review in Hayward, California

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Daily Review

Location

Hayward, California, United States of America

Date

Jul 03, 1972

Page

3

Pound floats as level viewed near. thin markets amid US holiday

London and Zurich traders say the pound is near finding its level after a second week afloat as the Bank of England faces a decision on stabilization. Dealers report thin trading ahead of Independence Day, while the Swiss National Bank supports the dollar causing the franc to edge higher. In Paris the dollar strengthens against the pound as the franc quote slips from previous levels.

London Pound United States Paris Ceaters

Over the counter quotations courtesy notice

Over the counter quotations are furnished through the courtesy of Dean Wither and Company located at 1070 A Street Hayward for the public record.

Dean, Wither & Co Hayward

Small firms to gain year long OSHA relief

Congress plans a one year moratorium on OSHA inspections for small businesses and farms. Senate and House bills set exemptions for employers under 25 or 8 workers respectively. Labor Department may propose exempting under eight workers from keeping records. Final passage uncertain amid veto talk and funding disputes.

Washington House Senate Labor Department Paul Pindley R-fl Senate House Congress Nixon

Office design advocate urges radishes on the job

Ernest Dichter of Croton-on-Hudson argues that office workers are alienated by current spaces and could be more productive if offices resembled homes. He envisions a thinking tower retreat and roof gardens with flowers watered from inside, plus campus like country locations and color coded building sections to preserve human scale.

New York Gamlen Ernest Dichter Croton-on-Hudson S.” Dichter F Corporations Jimne Dichler Dich Dichter Eny Dichter Sys

Wall Street charter points to weaker near term market

Wall Street firm Wall Street charter NEW YORK (UPI) says more down days ahead before the market turns up. Dow Industrials could slip to 900-710 area as several negative factors press on the market. Factors cited include McGovern economic policies inflation secondary offerings and light mutual fund buying. Some optimism exists as unenthusiastic buyers outnumber sellers and sentiment shifts. Other sources see possible bullish support from European markets or speculative pension funds anticipating an upward trend.

New York UPI TOR Inc W. E. Hilton Sen George McGovern Huttan Hoppin, Watson, Inc Watson

Federal civilian workforce slips in May

A congressional committee reports 2.85 million federal civilian workers in May, down 19,457 from April. The payroll for April was $2.8 billion, now $240.77 million lower than March, with pay figures lagging one month behind workforce size.

Washington

Lockheed Faces Debt as Tristar Drive Fails to Rebound

The Pentagon backed up to 250 million in loan guarantees to keep Lockheed Aircraft Corp afloat amid heavy debt and slumping civil jet demand. Rolls-Royce engines and Rolls-Royce bankruptcy impacts are noted as UK support aids the program, with Lockheed delivering initial Tristar jets while awaiting future orders. Defense work remains sizable, but costs on the C5A program and other projects press the company's finances.

Washington Albuge Britain Aircraft Corp Above Financial Slorn Élauds Arcires Livklued Rolls Royce List Lockheed Pentagon Daniel J. Haughton Lon Nixon Hackey Haugh Congress Rolls Royce Ralls Eastern Trans World Air Air Force GIA Defense Avid Packard CIA Associated Press Defense Department CSA

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