Market gains lift Dow near 730 after SEC report
In the past week the market rose as the SEC report praised broker conduct and urged stricter training and disclosure. Investors remain wary of high price earnings ratios while analysts caution against glamor stocks. The piece urges investors to seek thorough information and follow the BBB motto to investigate before investing.
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Securities and Exchange Commission
Dow-Jones
SEC
Seriies
New York
Better Business Bureau
LAC
Anti Castro Groups Set to Unite and Fight On
Anti Castro action groups hampered by US restrictions move to unite Wednesday for ongoing campaign against Fidel Castro. The Cuban Revolutionary Council, a 32 group coalition, rejects its president’s resignation and closes ranks in the exile drive. MRF joins Alpha 6 and Second National Front of Escambray. Revolutionary Student Directorate nears final negotiations to join the merged effort.
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Emiaml Fh. UA
Cuba
Fidel Castro
Cuban Revolutionary Council
Jose Miro Cardona
Castro
People’s Revolutionary Movement
MRF
Revolutionary Council
Alpha 6
Second National Front
Escambray
Alpha
Second Front
Revolutionary Student Directorate
Ex Union Boss Guilty of Embezzling and Conspiracy
James G. Cross, former Bakery & Confectionery Workers Union president, was convicted in Washington DC on four counts of embezzlement and conspiracy for taking 35 000 to fix a perjury case and arranging another 25 000 embezzlement to cover the shortfall. He faces up to 25 years and a 31 000 fine. Co defendants include former aides charged with embezzlement and conspiracy.
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James G. Cross
Federal District Court
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Bakery & Confectionery Workers International UN
State Seeks Plan to Use Tidelands Oil Funds
A Sacramento resolution calls for a joint Assembly Senate interim committee study on spending tidelands oil revenues from Long Beach. The plan, authored by Assembly Speaker Jesse Unruh, foresees net profits potentially reaching 13 billion dollars and stresses land preservation, shoreline beauty, and public health safeguards within trust development.
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Tidelands
Sacramento
Long Beach
Assembly
Jesse M.unruh
Joint Assembly-Senate
Supreme Court
Deukmejian to Fight for Oil Formula
SACRAMENTO Assemblyman C. George Deukmejian says he will oppose any change to the tidelands funds spending formula. A two year studies on future tidelands revenues was proposed, and Deukmejian urges thorough review over quick action. He notes several legislators want bills on Long Beach tidelands spending.
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Sacramento
C. George Deukmejian
Long Beach
Deukmejian
Assembly
Legisl
Unclear court decree referenced in Los Angeles filing
Fragmentary notice notes a Los Angeles court decree numbered C100 concerning a delivery carrier matter. Details are illegible but indicate a monetary amount of 277.0 and a 5225 single copy reference amid scattered words including dates and locations on Pine and Et avenues.
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Independent
Pine Ave
Bong Seach Uy Cai
Los Angeles
Girl and mother die in fiery Harbor Freeway crash
LOS ANGELES UP I reports 31 year old Gerhold of Compton died with her 13 year old daughter Lorraine and the girl’s mother in a fiery collision when their car rammed a stalled outbound transit bus on Harbor Freeway. The driver was treated for hand injuries.
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Los Angeles
UPI
Ala
Gerhold
Compton
California Hos
Ramona
Sweeney
Lorraine
Metropolitan
Slauson Atea Authority
W.inze
Presidential Call on Pope Likely in June Visit
Washington reports indicate the President plans a June visit to meet the Pope. Sources say a White House audience with the pontiff is likely during the trip, with discussions centering on diplomacy and church state relations.
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Washington
U—Re
Whitelam
Pope House
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