Market in Worst Fall Since 1962
New York reports a sharp weekly stock decline tied to high interest rates and tight money. The AP index slid to 289, the Dow dropped to 804.62, with Xerox Polaroid and airlines among the hardest hit as banks raised rates and the Fed tightened reserves.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Associated Press
Dow Jones
Dow
Xerox
Fairchild Camera
Polaroid
Itek
Burroughs
Eastern Air Lines
Federal Reserve Board
Hayden Released From Naval Hospital After Treatment
Senator Carl Hayden of Arizona, age 88, left the Naval Medical Center after three weeks of treatment for a urinary tract infection. Aides said he may return later for observation.
MENTIONED IN THIS ARTICLE
Washington
Carl Hayden
D-Ariz
Naval Medical Center
Senator Murphy Recovering After Vocal Cord Surgery
Beverly Hills California AP Senator George Murphy Republican California recuperating from an eight minute operation to remove excess tissue from his vocal cords. He says he feels fine though he can speak only in a whisper and expects full voice within a week and plans to return to Washington Monday.
MENTIONED IN THIS ARTICLE
Beverly Hills
Calif
George Murphy
R-Calif
Murphy
Hollywood Presbyterian Hospital
Washington
Meeting Is Monday Unrest Grows Among Skilled Tradesmen
In Detroit, skilled auto workers push for an immediate pay raise amid talks with the United Auto Workers. The union seeks wage openings in contracts with GM Ford and Chrysler, while industry leaders brace for a rejection as 1967 model production begins.
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Detroit
Auto
United Auto Workers
Ford Motor Co
Woodhaven
Ford
Edward J. Plawecki
Presi
UAW
Ford Local 600
Walter Reuther
Bureau of Labor Statistics
King Says Marches Probable Despite Restraining Order
Civil rights leaders face a temporary restraining order limiting demonstrations in Chicago open housing protests. King says marches will probably be resumed Sunday. Police plan 24 hour notice. limit 500 demonstrators and daytime routes only. King vows renewed mobilization and willingness to go to jail if needed. Local canvassing found 60+ housing violations as Daley defends the suit to end disturbances.
MENTIONED IN THIS ARTICLE
Chicago
Martin Luther King Jr
Cornelius J. Harrington
City of
Orlando W. Wilson
Richard J. Daley
West Side
King
Southern Christian Leadership Conference
Florida
Mississippi
Georgia
Daley
McDonnell to Build Aid For Crawling Spacemen
NASA selected McDonnell Aircraft Corp of St Louis to build an airlock device for a 65 inch passage between a spacecraft and an abandoned hydrogen tank. The contract, about 9 million dollars, aims to test using spent launch stages as habitation for long duration missions.
MENTIONED IN THIS ARTICLE
Washington
McDonnell Aircraft Corp. of
St. Louis
Space
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