Stock Bulls Hit New High Amid Inflation Fears
New York AP reports stocks surged to records as inflation fears rose. Trading was brisk on the New York Stock Exchange despite a transit strike cutting hours. the week saw heavy volume, 43.2 million shares, with the Associated Press index up and the Dow Jones advancing amid mixed bond activity after President Johnson’s State of the Union address.
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Kennedy Widow Fails Skiing Breaks Privacy in Gstaad
Mrs. John F. Kennedy and her party visited the Alpine slopes of Switzerland but were harassed by curious tourists and 25 reporters. The incident disrupted their hoped for privacy as police struggled and ski lifts shut down. Galbraith accompanied her as they sought three weeks away from public gaze in a rented chalet near peers Grace of Monaco and Elizabeth Taylor.
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New Engine May Change Processing Of Petroleum
San Antonio based report notes Julius Witzky and John M Clark Jr of Southwest Research Institute describe a new stratified charge engine. It runs on diesel to gasoline with direct fuel injection, reducing fuel use by about 60 percent and potentially altering petroleum refining and fuel systems nationwide.
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Beatles Face Tax Burden Cuts Tour Schedule
London sources say the Beatles are in a high tax bracket this year and have no fixed dates for 1968. Friends say negotiations on details delay plans as manager Brian Epstein works to arrange the schedule.
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