Dividends Slashed by Freeze Leaves Holdout Florida Firm
The Cost of Living Council says several firms cut dividend increases to align with the Nixon wage price freeze, but Florida Telephone Corp. in Ocala refused to reduce its announced dividend rise from 13 to 14 cents per share effective December 20. Officials noted two firms did not violate guidelines, while three agreed to offset raises by rolling back next quarters. The action occurred though dividends were not covered by the wage price freeze. A weather section follows with forecast for Arkansas and temperatures.
MENTIONED IN THIS ARTICLE
Bill Netkirk
Associated Press
Washington (Ap
Cost of Living Council
Florida Telephone Corp. Treasury
John B. Connally
Ocala
Fla
Nixon
Connally
Florida Telephone Corp
Council
National Propane Corp
New Hyde Park
N.Y
Volume Shoe Corp
Topeka
Kan
Briggs and Stratton Corp
Wauwatosa
Wisc
Martin Vale Industries Inc
Chicago
Selas Corp. of America
Dresher
Weather Elsewhere Highlights Airmail Era And Political Remarks
A crash near Magnolia, Arkansas kills 52 year old Columbia Sanders. Grady Strickland is hospitalized after driving the car. The piece also recalls the 1918 College Park airmail launch, then drives to political commentary with Sen. Jackson critical of Nixon and Humphrey urging more concrete proposals post freeze.
MENTIONED IN THIS ARTICLE
Magnolia
Ark
Columbia Sanders
el Dorado
Arkansas 82
Grady Strickland
Strickland
Mills
Henry M. Jackson
Dash
Nixon
Hubert H. Humphrey
Minnesota
U S Planes Launch 15 More Strikes in Vietnam Drive
U S B52 bombers conducted 15 additional strikes south of the DMZ in support of a South Vietnamese operation. A single base was shelled with no reported casualties. About thirteen thousand five hundred South Vietnamese troops, aided by U S artillery and helicopters, press a drive aimed at disrupting North Vietnamese troop and supply movements as 862 bombers dropped 450 tons of bombs on suspected targets.
MENTIONED IN THIS ARTICLE
Saigon
Demilitarized Zone
Gio
South Vietnam Command
U.S
Dmz
Hanoi
South Vietnam
Laos
North Vietnam
Vietnam
British Hope to Soothe Egyptians
British Foreign Secretary Sir Alec Douglas-Home flies to Cairo for a three day visit to ease Cairo's reliance on Soviet backing and explore potential direct peace talks with Israel. He aims to secure Western political and economic backing while avoiding new Middle East proposals and aligning with U S efforts for an interim Egyptian Israeli pact.
MENTIONED IN THIS ARTICLE
Arthur L. Gavshon
Associated Press
London
Britain
Cairo
West
Alec Douglas-Home
Anwar Sadat
Israel
Suez
Egypt
Gamal Abdel Nasser
Sadat
Mahmud Fawzi
Mahmoud Riad
Douglas-Home
U.S
Middle East
Douglas- Home
Mideast
Douglas-Heme
France
Moscow
Fears Voting Age Dip May Be Harmful
University of Pennsylvania political scientist Louis M. Seagull warns that extending voting to 18 year olds may foster an independent nonpartisan youth bloc that weakens party ties. He cites education and peer pressure shaping a new generation with notable independence and possible split between college and noncollege voters.
MENTIONED IN THIS ARTICLE
H. Josef Hebert
Associated Press
Chicago
Louis M. Seagull
University of Pennsylvania
Seagull
American Political Science Association
Seagal
Seagall
Riley to Speak at Arkansas political event
Dr. Riley, a minister and consultant on state local government affairs, has chaired the Clergy Conference on Economic Education and served on the Arkansas State Council for Economic Education. He led parliamentary reforms in 1969 and became president of the Arkansas Political Science Association. He is married to Claudia Zimmerman with a daughter Magan, age eleven, and is active in veterans, civic, and religious groups as a member of the First Baptist Church of Arkadelphia.
MENTIONED IN THIS ARTICLE
Clergy Conference On Economic Education
Arkansas State Council For Economic Education
Arkansas House of Representatives
Riley
Arkansas Political Science Association
Claudia Zimmerman
Magan
First Baptist Church of
Indicted stockholders linked to track amid Detroit crime ties
Chicago Tribune reports the largest shareholder in a downstate land trust owning Caho ka Downs Race Track was Emprise Corp and High Park Corp of Eggertsville New York. Indicted last February by a Los Angeles federal grand jury the group allegedly concealed Frontier Hotel ownership in Las Vegas during 1966 and 1967. Detroit figures Anthony J. Zerilli and Michael S. Polizzi are named in the Tribune account.
MENTIONED IN THIS ARTICLE
Chicago
Downstate
Cahokia Downs
Chicago Tribune
Detroit
Emprise Corp
High Park Corp
Eggertsville
N.Y
Emprise
Los Angeles
Frontier
Las Vegas
The
Tribune
Anthony J. Zerilli
Hazel Park Racing Association of
Michael S. Polizzi
Valley Die Cast Association
Senate
Spir
Four Escape Jail In Little Rock
Four men armed with pistols and a sawed-off shotgun overpowered two guards and escaped Pulaski County Jail in Little Rock. They robbed a nearby service station of about 100 dollars, stole a car, and fled as roadblocks were set. Suspects were William Coulter, David Murtaugh, Darbiss Meadows, and Ernest L. Abshire, with two others brought in by Texas authorities. The break occurred when they forced guard Henry Beck to open the cell-block door and guards D. C. Balentine to hand over weapons. Balentine suffered facial injuries. The FBI aided the investigation in a case linked to organized crime.
MENTIONED IN THIS ARTICLE
Little Rock
Pulaski County
William Coulter
David Murtaugh
Darbiss Meadows
Ernest L. Abshire
Coulter
Murtaugh
Leavenworth Federal
Texas
Henry Beck
D. C
Lending Law Remains Inadequate
AP Business Analyst notes the truth in lending law still leaves confusion due to varying calculating methods. Add on and discount loan methods inflate apparent rates, while monthly interest quoting misleads borrowers. few loans are stated simply as annual rate, raising costs beyond published figures.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Legal Residence Determines School Attendance in Pulaski
Pulaski County Supt. J. K. Williams said only parents legal residence determines pupil school enrollment. About 40 McClellan High students were sent home to enroll at Wilbur D. Mills High after moving relatives or guardians into the McClellan district. Some 240 McClellan students from last year were reassigned to Mills under a new zoning plan.
MENTIONED IN THIS ARTICLE
Little Rock
J. K. Williams
Pulaski County
Williams
McClellan High School
Wilbur D. Mills High School
Mills High School
McClellan
Mills
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Water Creek
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New York Stock Exchange
Horgan
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Litchfield, Conn
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Litchfield
Mike Gilcrist
First Baptist Church
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