Stock Rally Fizzles as Agena Fails in Dow Jones Market
New York AP report describes a mid day stock surge that faltered after news of the Agena satellite failure. Airlines and Boeing tumbled while Kodak and Westinghouse rose. trading was heavy with 9.5 million shares, volume down from Monday as the market turned mixed late afternoon.
MENTIONED IN THIS ARTICLE
New York
Douglas
Agena
Texas Instruments
Fairchild Camera
Magnavox
Chicago & North Western
Gulf & Western
Kennecott
Motorola
Northwest Airlines
Ilinois Central
Xerox
American Stock Exchange
Big Savings In Electric Power Pact
Riverside Gov. Brown announced a near final contract for electric power that will save State Water Project users about 20 million dollars annually. He credited three factors: pumps will run at peak times to seize low costs, overall costs are lower than anticipated, and the State Department of Water Resources negotiated an efficient power deal.
MENTIONED IN THIS ARTICLE
Riverside
APY
Brown
State Department
of Water Resources
Wall Street Analysts Predict Bear Market Rally Caution
Analyst James Dines says the market is deeply oversold in the short term and a rally with no auto industry cuts could present a selling opportunity as short positions cover. Newton D. Zinder and Arthur Wiesenberger & Co. urge caution until constructive technical evidence appears and reserves are stepped up amid sharp rally phases.
MENTIONED IN THIS ARTICLE
New York
UPI
James Dines
Dines
Newton D. Zinder
Eb, F. Hutton & Co. Inc
Arthur Wiesenberger & Co
Ship Reports To Arrive On May 18 At Ports Worldwide
A list of ships and arrivals shows vessels from American, Swedish, Norwegian, British, German, French, Liberian and other flags docking or expected at multiple U.S. ports including Los Angeles, Long Beach, Portland, San Diego, and Stockton. Entries mention operators such as Matson, Grace Line, American Overseas, and Chevron Shag, with ships listed by name and port calls at Pier 37, Pier 4, Pier 40, Pier 8, and other terminals.
MENTIONED IN THIS ARTICLE
Badger State
Americal
Yokohama
Stalta Marine
Bethinhem
Brasilig
Los Angeles
Johnson Line
Carribe
General
Stockton
Eidanger
Long Beach
Pier
Hong Kong
E.L. Nsc
Chevrém
RLW
Santa Juan
Americaland
Grace Line Point Orient
United Frult
Pier 40
I Ventura
Portland
Matson
Fler
Washington Standard
Americary
Lily
AMSTS
Shin Yard
Brandenstein
Balfour Guthrie
Greenbay Victory
Japan
Olympic
Hawaiian Farmer
Uonotulu
Alatson
Loch Avon
Everett Wash
Holland
America
Stockion
Sealand
Hayes
Pier SU
Lincoln
San Diego
Lona Beach
Wyatt Ath Ava
Overseas
Dividends and Rates Mentioned in City Records
A brief item notes dividends or rates in a local securities or corporate record. Names appear garbled but reference to Sheraton, Co and Alice en Tonsaudiiton Coal MG S77 Ae Sheraton Co Am with a $300 figure.
MENTIONED IN THIS ARTICLE
Sheraton
Alice
Former Teacher Reuther caucus picks woman for UAW unit
In Long Beach AP report, ex teacher Olga Madar 41 was named as the preferred candidate for a UAW board position after Reuther backed a woman. The nomination reflects a push to diversify the all male executive board while noting past barriers.
MENTIONED IN THIS ARTICLE
Long Beach
Jdutles
United Rutos
Workers International
Detroit
Tive
Olga AM
Madar
Walter Reuther
Reuther
UAW
Deteail
Miss Ma
Tanta
Onjdar
Most
Chrysler
Ypsilanti
al Mich
Miss Madar
Nelson Jack Edwards
Lave
Eastern Michigan University
Misslin Auto Parts
Protecting Hand on Life and Health Insurance Contracts
The piece highlights the Protecting Hand's role in enforcing integrity and security in life and health insurance contracts. It vows sound protection at reasonable cost, pledging to prevent lapses and ensure dependable coverage through the Woodmen Accident and Life Company.
New York Nurses Threaten Mass Resignations At Municipal Hospitals
Nurses in New York threaten to resign en masse from 21 municipal hospitals, seeking higher pay, reduced caseloads, and removal of nonnursing duties. They demand annual salaries rising to 6 400 with minimum 5 150 presently, and higher uniform allowances. George Moskowitz’s settlement recommendations are awaited as May 23 resignations loom. Non municipal hospitals would not be affected.
MENTIONED IN THIS ARTICLE
New York
Alto
Upstate
Bronx
George Moskowitz
New York State Nurses Association
Wool Futures Open Higher on New York Cotton Exchange
Wool top futures opened 1 to 6 points higher with July to Oct bids listed on the New York Cotton Exchange. Grease wool showed mixed moves with openings ranging from 5 points lower to higher across July, Oct, Dec and March contracts.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Cotton Exchange
AFL-CIO and GE clash over joint wage talks
AFL-CIO pressed General Electric to allow eight unions to join nationwide bargaining for GE and Westinghouse workers. GE warned of a possible fall strike as unions seek about 2.80 per hour wage gain plus benefits, with eight unions led by AFL-CIO backing the move and IUE facing accusations of subterfuge.
MENTIONED IN THIS ARTICLE
Washington
Afl-Cio
General Electric
Philip D. Moore
Moore
John H. Callahan
Afl-Cio International Union of Electrical Workers
IUE
TUE
Westlinghouse Electric Corp
Westinghouse
Brotherhood of Electrical Workers
United Auto Workers
International Association of Machinists, Sheet Metal Workers
Allied Industrial Workers
Federation of Technical Engineers
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