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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jul 27, 1968
Page
4
Agreement on a three year contract averts a Monday strike deadline at multiple locations. Machinists will vote at 1 p.m. Sunday in Shrine Auditorium Los Angeles. Proposals are similar in wage and fringe benefits with substantial increases. retroactive wages to July 22 if ratified.
McDonnell Douglas announced 33,423,265 in after tax earnings for the first half of 1968, 1.19 per share, after a 10 percent income tax surcharge. The firm declared a 10 cent quarterly dividend, with record date Sept. 13 and payment Oct. 7. The June 30 backlog stood at 4.345 billion, down from 4.839 billion a year earlier. The UAW and IAM reached tentative agreements in Canada and the U.S. negotiations continued at the Biltmore Hotel.
Sidney Brossman of Los Angeles was unanimously chosen by the California Community Colleges Board to become the first chancellor of the 82 junior colleges. The post pays 25000 dollars yearly with a 1000 dollar cut from his previous pay. He will study board constitutional authority and the transfer value of credits to state colleges UC and the university system.
Vice President Humphrey leads a California trip including a Watts Labor Action Council camp in Saugus and a Biltmore Hotel press conference. He tapes Channel 7 events, attends a town hall lunch in the Biltmore Bowl, meets the editorial board of the Los Angeles Times, and holds a 3:30 p.m. reception with the LA Federation of Labor at Century Plaza Hotel. He also tapes the Joey Bishop Show and meets the California Democratic delegation and labor leaders before departing for San Francisco Tuesday.
Senate Rules Committee concluded there is no evidence of bribery attempts to influence votes on a four lane Mulholland Drive highway bill. Senator Stevens accused attempts to improperly influence, but the bill was defeated 33 to 1 with Senator Miller dissenting in favor, and Burns dismissed further inquiry.
Three astronauts simulated a flight inside an airless chamber at Cape Kennedy to exercise the Apollo 7 capsule. Commanders Walter Schirra Donn Eisele and Walter Cunningham tested the vehicle in a hazardous preflight exercise following the Apollo 1 tragedy 18 months earlier.
Vincent A. Caserta, 35, of La Canada, was sentenced in Los Angeles to one to 10 years in prison after pleading guilty to three counts of grand theft in a scheme that netted about $500,000. He admitted using investors funds to gamble on horses and pay others with new loans, calling himself a compulsive bettor. Deputy probation officer recommended against probation.
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