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Independent in Long Beach, California

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

May 23, 1967

Page

22

Tariff Cuts and What They Mean to You

After three years of Geneva talks 53 nations reach Kennedy round deals cutting tariffs by 33 35 percent over five years affecting about 60000 items worth over 40 billion in world trade U S industries face tougher import competition while consumers may see more goods at lower prices or steadier prices and farmers expect higher exports from 7 billion to 10 billion annually with importers passing on savings where possible and some sectors seeking aid programs

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Market Con consolidates Again on Mixed Trading

New York stocks fell for a fourth straight session with the Dow dipping to 871.05 amid late buying. The Dow Jones industrial average slid 3.50, a midday low near 366.70, while gains in silver stocks and a few issues limited the loss. NYSE operated under manual prices after a computer failure, with volume at 4.19 million Amex and 10.56 million on Friday, and the Amex index rising modestly.

New York Dow UPI New York Stock Exchange Exchange Dodge Emerson Electric Stock Exchange Amex

Air Force FISA swing-wing jet flies to Paris show from Maine

An Air Force version of the FISA swing-wing warplane, the TFX, flew nonrefueled from Maine to the Paris air show in five hours and 64 minutes, the Pentagon said, amid discussions on the program and its costs.

Washington FISA Paris Air Show Maine Pentagon

Investment Trusts Update From Los Angeles Markets

Sector notes show steady citrus prices and futures gains while bonds and equities manage mixed moves. Traders eye the Fadéen fund flows as volatility persists in the early session with several listings showing modest price changes across sectors.

PUC Opposes Extra Bell Earnings Incentive

The California Public Utilities Commission said AT&T is not entitled to earnings beyond reasonable profits as an incentive for good service. It responded to FCC views in a joint inquiry with three other commissions into Bell System earnings on long distance calls. The PUC argued that good service is not a reward for Bell to receive only if it achieves maximum return.

San Franciscoa California Public Utilities Commission American Telephone and Telegraph Co Commission Federal Communications Commission FCC Bell System PUC Bell

Oilmen Say Imports Endanger U S Security

Washington oil industry leaders meeting with Interior Secretary Udall warned that rising oil imports threaten national security by reducing exploratory drilling and depleting domestic reserves. They urged stricter enforcement of import controls and removal of quota exemptions while also addressing Los Angeles smog from high sulphur oils and proposing cleaner crude or residual fuels.

Washington Stewart Udall G. Langdon Texas Railroads Commission Udall Los Angeles

Also Mentioned on This Page

European Free Trade Association Wey Combined Wire Services U.S. Treasury Emerson American Motors Wwb General Motors Chrysler Kern County Tenneco Inc Tenneco Occidental Petroleum McDonnell Douglas Pacific Coast Exchange Price Index Treasury Report API Treasury M.S. Walker Tex Npay Fadéenslater Calif Xero Mel KEROX Belcher & Schacht Long Beach Republic Techmelon Fam, Inc Si Seo Janues Roja Manuel Royas Rit Las Republic Ficknology Fund, Inc Nee A86 Leiy E.F. Hulton E.F. Hutton & Company Inc NEW York Sioux Exchange U Chase Mamhatiar Flaza ADWAY Mackech Avenue Americas Bank OF Long Beach North Long Beach Boulevard San Antonio Federal Deposit Insurance Corporation Federal Reserve System National Association
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