Wall Street Rallies But Market Remains Cautious
Wall Street showed two clear rallies in a week but edged higher only mildly. The Dow Jones industrial average rose 0.7 to 876.89 as traders weighed profit margins, Viet Nam war fears, and a tentative technical rebound amid mixed earnings and auto sales data from Ford and GM.
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Finland forms four party coalition led by Social Democrats
Finland agrees Saturday to a four party coalition in the government the first since 1950s. Rafael Paasio to lead the cabinet with six seats for the Social Democrats Communist party others join including the Democratic League and left wing groups. Parliament will total 200 seats with the new government set to push ahead amid ongoing negotiations on policy.
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Neovial Democrats
Texas Kindergarten Grade Proposal Faces Cost Debate
In Austin legislators discussed creating a statewide kindergarten grade system. Dr. Edgar said some four year olds can learn first grade material and estimated 200 000 additional pupils with a potential cost around 50 million dollars annually. The plan would require roughly 80 percent state funding and 20 percent local.
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Austin Jury Finds City Negligent in Youth Drowning
A city jury held the City of Austin negligent in the drowning death of 14 year old Michaél Séiter. The youth was assisting a lifeguard during a swim when he wandered from shore and drowned as his mother, Mrs. Anna Selter, watched. The verdict awards unspecified damages.
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