NYSE leadership shift names Batten chairman
James Needham leaves as New York Stock Exchange chairman after 49 years old status. William Batten, former J.C. Penney executive, is chosen to sell the exchange as a central, premier auction market and to push reforms to police specialists and align with a single market place.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
James Needham
Securities and Exchange Commission
New York Stock Exchange
William Batten
Batten
Needham
Gest
Board of Governors
J. C. Penney
The
Exchange
Bank of England Probes Allegations
The Bank of England says it is investigating charges that officials were involved in illegal foreign exchange deals. The Daily Telegraph reports possible false deposit claims and smuggling pounds to buy dollars to launder through investment proceeds.
MENTIONED IN THIS ARTICLE
London
Bank of England
Central Bank
Daily Telegraph
England
Government Aims to Cut Solar Cell Costs by 1985
In Washington the AP reports a national effort to reduce solar cell costs from about 20 dollars per watt to 50 cents by 1985 and 10 to 20 cents per watt by 2000. Dr. Morton B. Prince notes photovoltaic cells could compete with conventional power once costs fall, with satellites already using solar cells for 20 years.
MENTIONED IN THIS ARTICLE
Washington
Morton B. Prince
U.S. Energy Research and Development Administration
Prince
American Physical Society
Bridge play shows safer line beats club finesse
In a four hearts contract after West leads spades and East covers with jack, a standard trump entry followed by a club finesse loses to the king. The text argues the club finesse is only about 50 percent, presenting a superior line yielding roughly 75 percent to make the contract.
MENTIONED IN THIS ARTICLE
West
East
Also Mentioned on This Page
Lawton
Penney Board
Otasco
Cold Guard
Otascoland
Philco Cold Guard
West Dealer
North-South Vulnerable
North
West Pass
East Pass
King Features Syndicate, Inc
North Pass
Philco
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