Stock Exchange Probe By Government Opens Major Inquiry
Washington AP reports the SEC launches a wide inquiry into the cost of buying and selling stocks. Subpoenas issued target large broker dealers and industry officials as hearings extend into August and possibly seven years. NYSE defends its fee schedule while Justice Department seeks limits to protect investors.
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SEC
Capitol
Mondey
Securities and Exchange Commission
Commission
New York Stock Exchange
NYSEA
Justice Department
Statf
New York
Mutual
Justice Department Madrid
UPI
Francisco Franca
NYSE
Knight
Reagan Signs Record California Budget Amid Swings
Governor Reagan signed a record five point four billion dollar California budget amid cuts and vetoes. The act trims higher education and state operations while preserving key urban and job programs. Democrats warned of possible delays as legislators weigh the plan against constitutional deadlines.
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Sacramento
J Large
Reagan
California
University of Assembly Denmerrats
constitution-California
Perah
Price debate over farm programs and relief plans
Washington AP reports that the Poor People Campaign and supporters push to end federal price supports and commodity subsidies, proposing cash payments to feed the needy instead. The piece details the soil bank, farm payments breakdown, and political battles over budget items and education funding.
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Washington
Senate
John A. Schnittkl
Department of Agriculture
Ing
Aanantmant Avruithe
Env
WMO Mepeumere Gayerne
Farm Pro J
Itams
Department of
Trash collectors return to work amid police guard
In Santa Monica four city trash collectors resumed work Saturday under a police guard while strike spokesmen said a private sanitation firm was hired to break up the walkout. City Manager Perry Scott said negotiations with private collectors ended and only rehired city employees with city equipment are handling refuse pickup.
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Santa Monica
Perry Scott
Justice Warren Reunites Classmates in Pasadena
In a nostalgic gathering, Chief Justice Warren of Long Beach and 1908 Kern County High School graduates reunite at a Pasadena hotel. Dignitaries include Mrs Warren Nina Brien and several survivors while Warren recalls his long career and declines political talks. A separate note reports Marine helicopter rescue of Abe Fortas nomination after an accident during a canyon hike.
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Pasadena
Jus Cavins
Long Beach
Ruth
Karl Warren
Henley
Bakersfield
Franother
Cis E. Vaughn
Kern County
Jen
Mary Ash
Mountain Canyon, Marine Co
Tchard Pitte
Vista
Huntington-Sheraton
Saint Elizabeth
Warrenspital
Warren
Abe Fortas
Alvine
Fortas
Tehama County
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Simpson
Los Angeles
Hazels
Patter
Alhambra
Omar Alwesl
Here
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