SEC Seeks Injunction Over Ring of Traders in Government Securities
The SEC asks a New York federal court to enjoin 14 individuals and five New York firms from alleged antifraud violations. The action cites a ring of traders and firm officials using secret accounts to profit in government securities since 1961. Marine Midland Grace Trust Co. is named due to a participant’s role. other defendants include Blyth & Co and Morgan Guaranty Trust.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
New York
SEC
Alan R. Holmes
New York Federal Reserve Bank
Holmes
Federal Reserve and
Marine Midland
Blyth & Co. Inc
Morgan Guaranty Trust Co. Inc
Second District Securities Inc
Northern Trust Co
Chicago
J Edgar Hoover to Retire on 75th Birthday
Washington sources report FBI director J Edgar Hoover plans to retire next January 1 on his 75th birthday. The Miami Herald cited unnamed sources from a Washington meeting of state attorneys general as the basis for the claim.
MENTIONED IN THIS ARTICLE
Miami
J. Edgar Hoover
Federal Bureau of Investigation
Washington
The
Miami Herald
Hoover
NY Stocks Market Quotations at 11 00 A M
The list shows prices and percent changes for major U S stocks led by Admiral Air, Allied Stores, American Home Products, Dow Chemical, Ford Motors, General Electric, General Motors, IBM, Kroger, Lockheed, Sears Roebuck, Texaco, Westinghouse and Xerox among others as traders scan the day s market action. Several blue chips post gains while others show modest declines in an active session.
MENTIONED IN THIS ARTICLE
Admiral
Armco Steel
Ashland
Avco
Bendix Aviation
Bethlehem Steel
Bosing CO
Brunswick
Motors
Colt
Curtis Wright
Dayton Power & Light
Deer & Co
L.T
Continental
A.P.D
Dow Chemical
Dupont Corp
Eastman Kodak
Firestone
Ford Motors
Ford Motors Ciccescsessceese 50% General Dynamic
General Electric
General Motors
General Tire
Goodrich Tires
Goodyear Tires
Greyhound Bus
Hilton Hotels
Hoover Ball c
Marcor
NCR Eee
Loew's
Pa Itic
Olin Mathieson W. Monsanto
Pan-American Penn Central
Phillips Petroleum
Proctor & Gamble Pullman Corp
Radio Corp
Raytheoneee Republic
Steeley Revere
Reichold Chemica
Seawheyeeeee
Sears Roebuck
Sinclair Oil
Westinghouse
White Motors
Woolworth
Xerox
Youngstown
Zenith Radio
American Home Preferred
Corn Products
Baltimore Gas & Electric
Florida Power and Light
Crystal Tissue Co and Sorg Paper Meet Credit Clash
A terse business note shows Crystal Tissue Co. and Sorg Paper Limited facing a financial tally with First National Bank totaling a significant claim. Midwest Indemnity and Greene and Ladd are listed among involved parties in the claim landscape.
MENTIONED IN THIS ARTICLE
Crystal Tissue Co
First National Bank
Midwest Indemnity Sorg Paper
Sorg Paper Ptd
Market Report Brief: Livestock Prices Change
Bar rows and gilts closed about 50 lower versus last week while sows rose 2 50. Receipts this week total 6 400 compared with 6 000 last week. Sheep show 25 head, untested.
Egg Price Report From Ohio Markets Details
Ohio report lists packing plant and retailer prices for eggs and poultry. It covers carton sizes Large A to Small A with price ranges, retail delivery to major Ohio cities, and farm prices for fryers with percentages across quality grades.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
U.S
Indiana
Cincinnati Livestock Market Report Summary
Cincinnati market round notes cattle scarce for price test. Hogs steady to higher with light 200-260 lb classes at 20.60 to 20.75 per cwt and 230-260 lb ranges at 19.60 to 20.60. Sows steady 16.50 to 18.00 per cwt, varying by weight.
MENTIONED IN THIS ARTICLE
Cincinnati
USDA
Quake Hits Coast Shakes Seattle and BC Regions
A brief earthquake struck northwest Washington and parts of British Columbia today. There were no immediate reports of damage or injuries.
MENTIONED IN THIS ARTICLE
Seattle
Washington
British Columbia
Stock Market Opens Higher on Brisk Trading
In New York the stock market opened with gains slightly outnumbering losses. Leading issues included Goodyear at 61, United Aircraft at 74, and Public Service Electric & Gas at 35 while Du Pont fell to 16442 and Ford Motor dropped to 50 amid a brisk trading start.
MENTIONED IN THIS ARTICLE
New York
Goodyear
United Aircraft
du Pont
Ford Motors
Public Service Electric & Gas
U.S. Smelting
Ohio Man Arrested Over Bomb Threat To LeVeque Tower
Detectives caught a Canal Winchester man, 36, in a South Side Columbus phone booth while he threatened to blow the LeVeque Tower top. He faced an extortion charge and held on 10,000 dollars bond after the call demanding 50,000 dollars.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Jack Richard Hicks
Canal Winchester
Hicks
Frederick W LeVeque
LeVeque
Cleveland Press Wins National Writing Awards
Named winners ATLANTIC CITY AP A writer for an Ohio newspaper The Cleveland Press has been named the winner of two awards by the National Council for the Education Writing. Winning second place awards in the 1968 competition in the series and editorial writing categories was Marjorie Schuster.
MENTIONED IN THIS ARTICLE
Atlantic City
Ohio
Cleveland Press
National Council For the
Marjorie Schuster
Monarch Industries a High Risk Mobile Home Firm
The piece notes Monarch Industries, a mobile home producer, rising from its June IPO at 6.50 to the upper 20s, with 1968 sales of 12.5 million and 0.54 earnings per share, plus three mergers that could add 16 million in sales. It calls the stock highly speculative in a competitive industry.
MENTIONED IN THIS ARTICLE
Roger E. Spears
Monarch Industries
R.R. A
Monarch
interile-conhoverTh
Wall Street Journal
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