SEC urges cap on mutual fund sales charges to 5 percent
The SEC urged Congress to limit mutual fund sales charges to 5 percent of the amount invested, call for a ban on front end loads up to 30 percent in contractual plans, and argued current charges are far higher than those for common stocks. It warned excessive costs erode investor value amid rapid fund growth.
MENTIONED IN THIS ARTICLE
Washington
UPI
Securities and Exchange Commission
SEC
Congress
Commission
House Commerce Committee
Association of Mutual Fund Plan Sponsors, Inc
Association
Stock Exchange Commission
Powell Ordered to Pay Widow $60 a Week in Defamation Case
New York State Supreme Court Justice Joseph A. Brust ruled Rep. Adam Clayton Powell must pay Mrs. Esther James $60 weekly toward her $164,000 defamation judgment. Powell’s wife Yvette must add $25 weekly, totaling $85 per week, with the court noting Powell’s lack of salary as church pastor and his annual $30,000 congressional pay as the only provable asset.
MENTIONED IN THIS ARTICLE
New York
UPI
State Supreme Court
Joseph A. Brust
Adam Clayton Powell
Esther James
Harlem
Powell
Yvette
James
Brust
Raymond Rubin
New York Democrat
Apollo Hop Delayed By Cooling Unit Leak At Cape Kennedy
NASA disclosed a new problem delaying the Apollo manned spaceflight program. A leak in a redesigned cooling unit will require removal and postpone crucial vacuum chamber testing, likely shifting earliest launch to mid or late February.
MENTIONED IN THIS ARTICLE
Cape Kennedy
API
America
National Aeronautics and Space Administration
NASA
Dr Sam Sheppard Faces Grand Jury Probing Wife Slaying
Dr Samuel H Sheppard and lawyer F Lee Bailey testified before a grand jury in Cleveland about the 1954 Marilyn Sheppard murder. Police Chief Fred Crenkhan testified. five witnesses were subpoenaed. Bailey hinted new evidence may exist.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Samuel H. Sheppard
F. Lee Bailey
Sheppard
Marilyn
Bailey
Bay Village
Fred Crenkhan
Jay Hubach
Patrick Gareau
Crenkhan
Sheppard Allis
Flags hung in Las Vegas mark conferences not holidays
residents of North Las Vegas notice flags along Las Vegas Boulevard remain raised overnight. The flags commemorate two gatherings the American Medical Association and the National League of Cities. Callers urge proper flag etiquette with dusk folding to honor tradition.
MENTIONED IN THIS ARTICLE
Las Vegas
Las Vegas Blvd
American Medical Association
National League of Cities
Sunday concert by university string chamber orchestra
William Gromko leads the University String Chamber Orchestra in a 3 p.m. Sunday concert in the NSU Social Science Building Lecture Hall. The program features Hovhaness Corelli Bartok Sibelius Holst and Mozart, opening with Corelli’s Christmas Concerto Grosso No. 8.
MENTIONED IN THIS ARTICLE
William Gromko
Universiy String Chamber Orchestra
NSU Social Science
Gromko
Hovhaness
Corelli
Bartok
Sibelius
Holst
Mozart
Blaze Destroys Trailer Home of Charles Tanney
Investigators probe the cause after a fire swept Charles Tanney’s trailer at 5947 Boulder Highway in Village Trailer Park. The blaze occurred Thursday, destroying the mobile home before firefighters arrived. no injuries reported and origin remains undetermined.
MENTIONED IN THIS ARTICLE
Charles Tanney
Boulder Highway
Tanney
Regents Meet At Nevada Southern University
The university board of regents will meet today at 9 a.m. in room 2 of the Social Science Building at Nevada Southern University. The board holds two yearly meetings here and nine at Reno with a lengthy agenda to discuss and vote on.
MENTIONED IN THIS ARTICLE
University Board of Regents
Social Science
Nevada Southern University
Reno
Where I Stand tributes to Las Vegas entertainers
Capote cites Las Vegas gas topic and references Grace Hayes family. He thanks Peter Hayes and Mary Healy for tributes before a large audience. He notes ongoing East interest in Las Vegas and praises the Hayes clan for shaping the entertainment capital.
MENTIONED IN THIS ARTICLE
Capote
Las Vegas
Grace Hayes
Peter
Mary Healy
Gracie Hayes
Mary
January Like Weather Grips Most of Nation
A premature winter outbreak brought sub zero cold from the Rockies to the Atlantic. Snow fell heavy in the Great Lakes belt and the Northeast with accumulations in Mayville and Vermont. Ohio Michigan and Kentucky faced travel hazards and closures as temperatures plunged across the South to Florida.
MENTIONED IN THIS ARTICLE
United Press International
Rockies
Atlantic Seaboard
Great Lakes
Mercury
Glendive
Mont
Mayville
New York
New York State Thruway Authority
Pennsylvania Line
Silver Creek
Chautauwa County
Buffalo Skyway
Erie
Ohio
Lake Erie
Cleveland
Vermont
New England
Upper Michigan
Detroit
Lewistown
Rapid City
S.D
Sheridan
Wyo
Glasgow
Havre
Queen Elizabeth II Gives Christmas Message From Home
The queen’s annual Christmas Day message will be prerecorded again this year as she remains with family. The decision follows a trend toward pre recording in the electronic era, avoiding a live broadcast.
MENTIONED IN THIS ARTICLE
London
UPI
Elizabeth II
Commonwealth
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Fremont
Heart of
Downtown
Penny
Foster's Shoes
No. 3Rd St
Jennings
CL M—Motorcycles & Scooters
HONDA
Tsautos
Pat Clark
Viet Nam
Tran Dai Minh
Apollo
Dr. Sam
Wife
Drenkhan
Marilyn Sheppard
Sheppards
Ariane
U. S. Supreme Court
13Th
Carson
Convention Center Drive
Paradise Road
Flamingo
Audrey Reed
Rancho
Charleston
Alta
Decatur
Chuck Coanores
Ronald Reagan
Los Angeles
Kamala Devi
U.S
Bombay
Blaze
Hallmark
Gibson - Norcross - Barker
Paramount
California Artists
Century
S&h
Ming's Oriental Shops
Fremont Strip
Sahara Square
Fine Arts Gallery
Las Vegas Boulevard
Heers-Roeder
E. Charleston
Jean and
Guy Newsom
Rosemary Kelley
Nan King
Eastern Seaboard
International Falls
Minn
Duluth
Chicago
Elgin
Fort Wayne
Ind
Akron
Tallahassee
Fla
Latonia
Florence
THE
Never Press
Drew Olson
Ueen
Dacron
Laure
Fresstowne
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