Market Slips as Viet Nam Policy Deters Investors
Week of trading on the New York Stock Exchange ends with losses as U S policy in Vietnam unsettles confidence. McNamara signals deteriorating conditions prompt talks of reserves. Friday brings a modest rebound led by aerospace and auto stocks. Ford reports strong quarterly and first-half sales, but overall weekly volume remains light and the Dow falls.
MENTIONED IN THIS ARTICLE
New York
U.S
Viet Nam
New York Stock Exchange
Defense
Robert S. McNamara
Washington
Leonid I. Brezhnev
Wall Street
Southeast Asia
Ford
Associated Press
U.S. Treasury
Treasury
London
Angry Russian Truckers Win Cabbage War
Moscow reports that 40 Soviet truckers staged a horn blasting siege to Frunze’s Kirghizia Provincial Council of Ministers Building. They demanded unload of cabbage after a government bottleneck blocked deliveries, prompting Pravda’s account of widespread post harvest shortages.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Kirghizia
Residential Building Leveling Off In State
A statewide Texas survey projects little or no rise in residential construction for 1965 and possibly 1966. UT bureau director Dr. John R. Stockton analyzed June permits showing total authorized construction at 163.6 million dollars, up 33 percent from May, while six months to June total reached 795.9 million, down 2 percent from 1964.
MENTIONED IN THIS ARTICLE
Austin
Texas
John R. Stockton
University of Texas Bureau of Business Research
Texas construction up 33 percent in June report says
Texas building activity rose 33 percent in June according to the University of Texas Business Reverve Bureau. Residential construction gained 15 percent and nonresidential 59 percent while year to date totals lagged 1964. Austin led per capita spending with 173 dollars, Houston 156, Dallas 145, El Paso 114, Fort Worth 73, and San Antonio 52.
MENTIONED IN THIS ARTICLE
Texas
Austin
Houston
Dallas
el Paso
Forth
San Antonio
Post Office Sets Arrest Record in Fraud and Obscenity
Postmaster General John A. Gronouski reported the postal inspection service set an all-time arrest record for fraud and obscenity cases in the fiscal year ending June 30. Arrests reached 12,790 with conv ictions at 11,129, while 9,985 fraud complaints were investigated and 5,422 cases suppressed adding up to 14,724,470 dollars in restitutions.
MENTIONED IN THIS ARTICLE
Washington
UPI
John A. Gronouski
Postal ‘Inspection Service
Inspection Service
Gronouski
Art Masterpieces From Louvre On View In Moscow Show
UPI reports that 52 paintings from the Louvre and other French museums opened at the Pushkin Fine Arts Museum in Moscow. The display marks one of the great postwar art exhibitions in the city.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Louvre
Pushkin Fine’ Arts
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By ED Morse
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