Stock Swaps What And Why
Institutional investors favor basics like oils steels and papers while trimming consumer goods shares. The shift toward oils and metals is linked to profit taking in drugs and cosmetics with majors like FTC budget talks suggesting possible suits. Argus Research warns steel profits will lag, advising avoidance of steel stocks.
MENTIONED IN THIS ARTICLE
American Newspaper Alliance
New York
Smith Barney & Co
Smith Barney
Business Week
Congressional Appropriations Committee
Federal Trade Commission
FTC
Washington
Argus Research Corp
Statisticians
Small Plane Lands On 301 Near Florence
A Piper Cherokee traveling from Lexington NC to Long Beach NC was forced to land on U S 301 near Florence due to engine trouble. Pilot Steve Potter 30 and instructor Tom Yarborough 42, both of Long Beach, escaped injury after the attempt to reach Florence airport in bad weather.
MENTIONED IN THIS ARTICLE
Florence
S.C
Lexington
N.C
Long Beach
U.S. 301
Steve Potter
Tom Yarborough
Wallace Addresses Sheriffs at National Convention
Alabama Governor George Wallace addressed about 1,200 sheriffs and local officers in Memphis, railing against taxes, inflation, and crime. He urged punishing criminals, warned on gun control, criticized liberal politics and the Times, and hinted at potentially delaying a 1976 bid. He recalled India’s wheat aid stance and mentioned the 1929 loss of the Canadian ship I am Alone off Louisiana.
MENTIONED IN THIS ARTICLE
Memphis
America
Alabama
George Wallace
Washington
Wallace
National Sheriffs Association
Alabama Democrat
New York Times
North Vietnam
House Favors Boot For Idle Bureaucrat
The House voted to abolish the Federal Metal and Nonmetallic Mine Safety Board of Review and its $19,693 annual post. Jubal Hale, the executive secretary since 1971, supported abolition as the board has done little, with no appeals filed since inception. The measure moves to the Senate after approval of a funding package.
MENTIONED IN THIS ARTICLE
Tom Raum
Associated Press
Washington
Congress
House
Federal Metal and Nonmetallic Mine Safety Board of Review
Jubal Hale
Interior Secretary
Ken Hechler
D-W. Va
Hale
Also Mentioned on This Page
By Lou Schneider
Yarborough
United State
Vietnam
India
I’m Alone
US Coast Guard
Louisiana
Earlh
Our
Ustad
Admiral Spark
Miss Curler
Teres
al Ce
North Main St
Eastchester
Senate
Charles H. Percy
R-Ill
Unis
N&m
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