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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jun 19, 1968
Page
3
The article notes rising stock ownership and wealth among investors, detailing insurance companies pension funds and mutual funds expanding portfolios. It cites a surge in large stock trades and describes pervasive speculative behavior, discipline on performance and quick profit being emphasized over fundamental value.
Court Avenue in Bellefontaine Ohio, touted as the oldest concrete street in the United States, will celebrate its diamond anniversary on July 27. The Chamber of Commerce plans a parade a national drum and bugle corps contest and a queen contest for 75 year old entrants.
In Hartford a cap pistol and a hunting knife were left on the state capitol steps near Governor John Dempsey with a note urging passage of a strong gun bill. The unloaded pistol and sheathed knife accompanied the message Please end violence by passing 1 strong gun bill.
J Staley of New York City was acquitted on charges of possessing LSD for sale after admitting carrying enough LSD for 12 000 trips. Police found a suitcase with about 72000 dollars worth of the drug at the U S Canada border. The magistrate ruled there was no evidence he intended to sell and noted possession alone was not an offense in Canada.
Hours and bigger down payments, plus limits on soliciting new business, are seen as delaying tactics. They might buy time for basic solutions, but analysts doubt sustained relief without broader measures.
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