Edison Net Sets Record Faces Boom and Recession
Edison reports a record 1966 net of 90.2 million dollars with earnings per share at 2.24 while President Johnson’s fiscal policy seeks a balance between inflation and recession risks. Dow Jones averages show mixed signals as budget plans hinge on social spending and Vietnam costs. The article notes uncertainty about future growth and the administration’s tax stance amid a divided Congress.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
York
California Edison
New York
Eco
Johnson
Lamper
Dow Jones
Indus
Congress
Vietnam
Jto
Standard & Poor
Sion
BEBE
Johnsons deficit stance and policy split amid slowing economy
The piece analyzes President Johnson's deficit approach in a slowing economy, noting prior deficits during underused capacity and surplus hints during full employment. It argues Congress may trim spending or raise taxes, warns against overemphasis on deficit cuts, and urges balanced actions to avoid inflation or recession.
MENTIONED IN THIS ARTICLE
Johnson
Jesson
Congress
Stock Market Upswing Continues With Dow Dip
Market gains persisted with the Dow Jones Industrial Average posting a slight loss of 1.05, closing near 846.44 after a day of fluctuating advances. The New York Stock Exchange composite edged up, while volume neared 3.77 million shares, with Teledyne, Sperry Rand, and Walt Disney among active movers as merger talks and earnings influenced prices.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Fof International Telephone
McCall Corporation
Standard & Poor
Publishing Company
TTT
Newt Ene
Mikjit
Jena
Teledyne
Teledyne ‘Lehange
Sperry Rand
Sprague
Tojteaches
Walt Disney Productions
Tol
Ofj
American Broadcasting
Airlines and Hotels Plan to Merge In 1960s Survey Findings
A New York Times report notes a major consolidation trend as World Airlines Inc. and Hit on International Co. announce a principle agreement to consolidate. The survey shows varied company participation since 1965 with delays in reaching expected gains and high December sales in major retailers.
MENTIONED IN THIS ARTICLE
Laem Garous
Unas
2Cana World Airlines Inc
Hit On International Co
Lynch to Study State Legal System Needs
Los Angeles Ally General Thomas C. Lynch announced his office will form a statewide panel of public commissions to study California’s legal system needs. Separate report notes 31 chains posted a record December sales, led by Sears Roebuck and Co, with 19,226 stores nationwide, up 2.1 percent from 1965.
MENTIONED IN THIS ARTICLE
Los Angeles
Hale
UPS
Thomas C. Lynch
California
Sears, Roelbuck & Co
J. C. Peniynch
Ney Company
Montgomlin
Thelevy Ward & Co
11Th
Lerner
Corporation
TWA explores Hilton acquisition with stock swap terms
TWA disclosed exploratory talks on buying Hilton. Proposed exchange is 0.275 TWA common plus a half share of new TWA $50 liquidation value preferred stock for each Hilton share. Two new preferred shares convert to one TWA common share. Preferred pays $2 annual dividend, noncallable for five years, call price from $53 down to $50 over time, subject to tax ruling and other conditions.
MENTIONED IN THIS ARTICLE
TWA
Hilton
Exchange
TWA Common
Lavo
Reagan Tapped by ASU Youth Group as Big Chief
Arizona State University Young Americans for Freedom announce a presidential campaign for Ronald Reagan with a news conference set for Teb 1. Chairman Phil Worley cites strong youth support nationwide while Reagan plans to finish his term as California governor.
MENTIONED IN THIS ARTICLE
Tempe, Ariz
UPI
Young Americans For Freedom
Arizona State University
California
Ronald Reagan
Phil Worley
Gov. Reagan
Reagan
Birthday Joy for Returned Vietnam Vet and Family
Elated Elizabeth Monahan welcomes her son Robert W. Monahan home after seven months in Viet Cong captivity. The 41 year old from Bellport and companion Thomas Scales, 44, of Matamoros, arrived at Kennedy Airport from Los Angeles. Monahan appears lean but well, amid tears and celebration on a milestone birthday.
MENTIONED IN THIS ARTICLE
New York
Elizabeth Monahan
Robert W. Monahan
Bellport
N.Y
Thomas Scales
Matamoros
Kennedy Airports
Los Angeles
Seales
Helen
Mary
Mrs. Styles
Chrysler May Move to Buy Spanish Plant
LA ROCHELLE France a high ranking Simca official said Chrysler will move to acquire majority control of Barreiros Diesel a Spanish company Chrysler previously held 45 percent of Barreiros Diesel Don Eduardo Barreiros owns the remaining stock A new capitalization from Chrysler would grant control The Spanish concern builds cars trucks and buses in plants at Madrid and near Saragossa
MENTIONED IN THIS ARTICLE
LA Rochelle
France
Chrysler Corporation
Europe
Barreiras Diesel
Simca
Chrysler
Barreiros Diesel
Eduardo Barreiros
Madrid
Saragossa
Peace Conference to be Held at Geneva in May 2031
The Center for the Study of Democratic Institutions will sponsor its second world peace conference in Geneva Switzerland in May 2031. Representatives from Communist non Communist and aligned nations are invited to discuss the Vietnam war and the east west confrontation in Germany.
MENTIONED IN THIS ARTICLE
Beverly Hills
UPI
Center For the Study of Democratic Institutions
Geneva
Switzerland
Vietnam
Germany
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Edison
Dow-Jones
MW. J. Rossant
Hig
White House
Senate
Pines
Federal Reserve
Ité
NEW York Times Service
Standard &Poor Index
Aberdean
Ales Jay
Stk
Arm
Shranners
EyaLs Piles
Ferard Frankin
Custodia
Assoc Fd Trust
Ine
Assanvest
Gon Snvest Tr Pia
Penn Sa Ropies
Aerospace Se
Group Securities
Bhita Blite
Bondstack Corn Gat Adoaler Cn
Plancee_ Fon nat
Boston
Erowth Indust Ae
Providen
Tao
Price
Ing
Gus Erochan
Puritan Fund
Bullock’ Fund
Horan
Pu Brge
Limerial Can
Ing Sh
Imperial Ful Ae
Iocone
Fech Research
Revere
Baernvest
Angestors
Seger
Mutual Inc
Gam
Invest _Restare
sBia
Sec Equity
etonfal_ Fund an vay tefel
Gund Inc
Wa HS
Amer
Colonisighben
Ivest Fund Inc
Southwain
Kavatone Custadisn
Steadman Sc
Steadman
Hegr cm & Pyis
Stein Roe Funds
Ince
Eamon
Nickrock
Gancord
Rnickrock
Televisa Elect
Conzuy Invest
Igat Gaz
Fexas Fund
Gahalee Ins
Cne
United Fundra
Invania St Mere
Manhattan
Science
Tass
Widialunn
Gan
Ig Sas Pividend Shire
Maas Ny
Breving Fund
Dow
Baton Nis Zee Marr Grunds
Perl Sit Sao
Vanguard
Fidelity Cap
Sa Mutual
Wellington
Western Industrs
Figeilty Fund Iie
Whitehall Fa Yas Tae
Ferialt Investors
Windsor Fd
Winfield Grin
Balancadt
Wiaconsin
Werth
Southern California Edison Company
Board of Directors
Packard Bell
Packard Bell Factory Service
NTT Wa
Terra Mart
Sun
Eee i
United
New York Times
Charles C. Tillinghast
Conrad N
Bathing Hilton
Bartinn
Jevel
Sre
Unill & Plm
E. Ocean Ave
Hemlock
Roubl
DisGel
Tab Reagan
Big Chief
Boreiee
Long Beach
Lakewood
Hellflower
Paramount South Bay
Orange County
ASNER
ITA Amrit
Chicago
Ray
Tey
Sen
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