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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Jun 24, 1968
Page
4
Winten Research Company of Minneapolis launched a million cubic foot balloon for testing in Mankato, Minnesota. The test Saturday carried 8,000 pounds aloft, with the gas bag shown during deployment and while airborne at night.
Washington AP reports that silver certificates remain negotiable but no longer exchangeable at the fixed $1.20 price. The Treasury plans to limit redemption, continuing to back silver through industrial demand while closing offices at 3 p.m. today. Prices and policy shifts threaten dealers and the public as the market absorbs the move.
The United Steel Workers and steel industry representatives begin the final phase of contract talks. The union, representing about 50,000 workers, demands a substantial pay increase but the industry refuses to quantify its offers, signaling a tense negotiation ahead.
Alameda area obituaries list Thurston Arthur Richata Thurston and Barbara Jean Rogers both with Fremont Castro Valley links. Notices highlight their families, affiliations, service details, and funeral arrangements, with multiple Moorland, Hayward, and Castro Valley connections.
The New York stock market showed a moderate advance with gains exceeding losses by over 100 issues. Dow Jones averaged 302.28, up 12, while the Associated Press average for 60 stocks rose to 24.7. International Paper led volume, Stokely-Van Camp fell on a block sale, United Nuclear rose, and Olin Mathieson held steady after announcing a $40 million sale of United Nuclear and Combustion Engineering holdings. Utilities continued an upward trend on tax spend bill passage, though gains were mild as action appeared discounted.
AP report details Ontario beer supply concerns from brewery work stoppages and a Seaway shutdown while garbage collection and waterway traffic halt in Toronto. Strikes affect 2,700 brewery workers and 7 ships idle, with daily losses mounting and residents stocking essentials.
A Santa Monica waste pileup worsens as city workers strike over wages. City Manager Perry Scott says airport operations remain low but trash could threaten beaches and become a fire hazard. emergency crews and water services may be deployed if the strike widens. A decision on seeking a court injunction to end the walkout was not made.
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