Kennedy Moves To Tax Overseas Money Roils World Markets
London stocks fell with uncertainty after President Kennedy proposed measures to curb the US balance of payments deficit. Tokyo shares dropped sharply the steepest since 1961 while gold prices slipped, and Tokyo noted possible reduced American lending to Japan. US ambassador Reischauer stressed the impact on Japan but said a sound US economy remains vital. European press responded cautiously.
MENTIONED IN THIS ARTICLE
U.S
Edwin 0 Reischauer
Tokyvo
Japan
London
Reischauer
America
Train Worker Reports Near Miss On Tracks In Carnez
In Carnez Pennsylvania a railroad engineer told tower workers the 30 car freight train passed over a man in the middle of the tracks. The incident prompted calls to the morgue as Lukich was jailed yesterday.
MENTIONED IN THIS ARTICLE
Pittsburgh
UPI
Joan Lukich
Pennsylvania Railroad
Carnez
Probe Opens On Vanished Seed Grains
Washington officials testified before the House Agriculture Committee about a missing 22 million dollars worth of U S surplus grain sent to Austria. Investigators found Austrian fronts for West German buyers, with imports far below expected levels and grain barter for diamonds and strategic materials.
MENTIONED IN THIS ARTICLE
Washington
UPI
Agriculture Department
Congress
Austria
Lester P. Condon
Department
Europe
Condon
House Agriculture Committee
John J. Williams
A-Del
Raymond A. Jones
Foreign Agricultural Service
Chrysler Unveils First Family Turbine Car
Chrysler yesterday introduced the world s first family size turbine powered passenger car. Fifty turbine cars will be built for selected users in a fall test program with three month loan periods. The car features a four passenger two door hardtop body in Turbine Bronze and a 110 inch wheelbase, 2016 inch overall length.
MENTIONED IN THIS ARTICLE
Chrysler Corporation
New York Ciy
Robert Anderson
Elwood P. Engel
George J. Huebner Jr
Turbine Bronze
Consumer Reaction
Anderson
Engel
Huebner
Udall urges regional focus to aid West development
Interior Secretary Stewart Udall urged the West to prioritize regional needs over local interests during a Sacramento visit for the new deep water port. He supported federal help for California to offset Colorado River water losses and praised Auburn Dam and other regional projects as key to future development.
MENTIONED IN THIS ARTICLE
Sacramento
UPS
Stewart Udall
Udall
California
Arizona
Colorado
Supreme Court
Nevada power market notes and airline stock bids
A fragmented market snapshot lists Nevada Power and Southwest Gate amid varied bid and ask activity. Other items mention First Western Cars and Northern Gas with unclear pricing data, reflecting a volatile regional finance scene.
MENTIONED IN THIS ARTICLE
Fonanta Airies Ae
Fig Central Teleanose
Welch
Nevada
Southwest Gate “Sa
Ais
Dow Jones and commodity futures wrap
Market note shows the Dow Jones average at 143.81 with a 0.96 drop while the Dow Jones Commodity Futures Index stands at 1994.98, up 0. along with mention of rail and industrials movement and the 40 Rand West rails index.
Markets at a Glance UPI Report
United Press International reports stock markets lower in moderate trading with bonds weakening. U.S. government bonds steady in quiet trading while Midwest and London markets close lower. Cotton futures irregular as Chicago grains move with wheat down 44 cents and corn, oats, soybeans mixed across sessions.
MENTIONED IN THIS ARTICLE
U.S
Midwest
London
Chicago
Wall Street Declines On Temporary Tax Hike Talk
The stock market marked its eighth straight drop amid moderate volume. Foreign stocks led losses as Kennedy asked Congress to consider a temporary tax on American investment abroad, with International Nickel Royal Dutch Unilever and others down fractions to notable declines.
MENTIONED IN THIS ARTICLE
New York
UPI
Sciheck
Kennedy
Congress
International Nickel
Royal Dutch
Unilever
N. V
Canadian Pacific, and Aluminum, Ltd
Poms du Pont
Pennsalt Chemical
Rehm & Haas
Union Carbide
Disgruntled motorist hurls parking meter at minister
Police hunted yesterday for a violent driver who threw part of a parking meter through the dining room window of British Transport Minister Ernest Marples. Marples, accused of promoting meters on London streets, was home at the time.
MENTIONED IN THIS ARTICLE
London
UPI
Ernest Marples Marples
Please Conserve Water In Las Vegas Valley
A concise plea urges residents to avoid wasting water during the hot season. The notice highlights critical water supply levels and asks households to control sprinklers and prevent runoff into streets.
Also Mentioned on This Page
UPT) — President
U. S
Garden Center
Jones
Chrysler
Yester
Tomer
West
Tetes
Lake Tahoe
Auburn Dam
Dow-Jones
West Rails
Owen
United Press International
Las Vegas Valley Water District
Las Vegas
Apt
Imperial Vegas Beautiful
Desert Inn Road
Orsini
Asary Ieee
Credit
Royal Savings
Sted Thurs & Fri
Main Street
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