Stock Mart Changes to Affect Brokerage Houses
The SEC plans may reshape brokerage practice and market regulation, impacting how Americans buy and think about stocks. Officials aim to curb abuses while reassuring investors, with June as the target for clarity on proposed rules and their effects on mutual funds, margin rules, and over the counter dealings. In 1962 nearly two billion shares worth 55 billion dollars traded across 18 exchanges, with 5,500 broker-dealers handling in about 30,000 unlisted stocks.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
New York
Securities and Exchange’ Commission
SEC
Ralief
Congress
New York Exchange
American Stock Exchange
Bill Implements Kerr-Mills Measure in Kansas
The Kansas House approved 84 to 22 a bill to implement the Kerr MIlls Act and revise social welfare medical programs. It would aid older residents not on welfare who cannot cover medical costs, costing about 1 million federal funds and 400000 each from state and local funds annually.
MENTIONED IN THIS ARTICLE
Topeka
Kansas
John Anderson
House
Senate
Unemployment Drops Sharply in March
Seasonal unemployment rate fell to 5.6 percent in March, the largest monthly drop in over four years. Unemployment declined by 417,000 from February to March to 4,501,000, while employment rose by about 806,000 from 66,558,000 to 67,148,000. Most of the drop came from adult men and women seeking full‑time work. the year‑ago totals remain higher.
MENTIONED IN THIS ARTICLE
Labor Department
Sis
Garden City fund balances March 31 1969 summary
City of Garden City Kansas reports total cash fund balances of 702 554 37 with line items for General Operating Waterworks Electric Security Deposits Gasoline and Oil Airport Sewer Lift Station Band Municipal Center Planning Noxious Weeds Bond and Interest Waterworks Depreciation Reserve Endowment Sewer Improvement Payroll Street improvements and multiple Sewer Districts plus Electric System Bond and Interest Maintenance and Construction reserves and various depreciation funds.
MENTIONED IN THIS ARTICLE
Seardendale
Johnson Street
Godfrey
Jakeee
Estes
Harding Street
Prica
Third Street
Maple Street
Old Manor
Almant
Santa Fe
Anderson Street
Second Street
Pershing
Summit Street
Vaeteesevenes
Deme Faction Leader Indicted for Evasion
Kansas City AP report states William H. Sermon, former mayor of Independence Missouri and Democratic faction leader, indicted for willfully evading federal income taxes from 1956 to 1960. Grand jury says he earned $172,518 on $58,499 tax in five years, while his true income was $528,208 with $225,834 additional tax due.
MENTIONED IN THIS ARTICLE
Kansas City
William H. Sermon
Inedependence
Truman
Also Mentioned on This Page
Barwen
City Telegram
Pratt, Kan
Cimarron National Grassland
Morton County
Kansas Forestry, Fish and Game Commission
U.S. Forest Service
Usll
Norris Drug Store
Tad
Fenrop
Bill
Kansas Supreme Court
Supreme Court
Highway Patrol
Kansas Bureau of Investigation
Kansas Public Employee Retirement System
Kansas Civil Service
Chrysler
America
Indianapolis
Sole le Faa
Ng Mu
Dyerm
Fear Dake
Dererintat
Ung Fee
Woeer Clatny
Ghiyater Lerlind
Walters Motor Company
Chrysler Motors
Guapural
Stevens
Jennifer Dianne Long
Syracuse
Wren Studio
Wren
Telegram
Garden City
Deme
Rapid
Garden City Telegram
Garden City, Kansas
APT
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