Wall Street paper flood to continue
John Cunniff argues the Wall Street paper flood will persist despite measures like early exchange closings or higher margin requirements. Rising individual stock ownership, larger assets in stocks, and expanding professional management by mutual funds, pensions, and insurers drive volumes, creating a cycle that will outlast short term fixes.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Wall Street
New York Stock Exchange
Pension Funds
Stock Exchange
Contract Set For Red River Project
SHREVEPORT LA AP The Army Engineers in New Orleans awarded a 458100 contract for the first phase of a long range Red River navigation project. Senator Russell Long and Rep Joe D Waggonner Jr said at a news conference the job went to Martha Mae Corp of Memphis Tenn. The $500 million project aims to return navigation and attract oil refineries and chemical plants to the Shreveport area.
MENTIONED IN THIS ARTICLE
Shreveport
Army Engineers
New Orleans
Red River
Russell Long
Joe D. Waggonner Jr
Martha-Mae Corp
Memphis
Wallace Dominates Southern Governors Conference Rally
In Charleston AP reports third party candidate George Wallace not a member yet dominates Southern Governors Conference chatter. About 120 reporters question 16 Deep South and Border state governors on Wallace’s chances in November. Consensus: he won’t win the presidency but may carry several Southern states and impact electoral votes.
MENTIONED IN THIS ARTICLE
Charleston
S.C
George Wallace
Alabama
Deep South
Border States
Wallace
West Monroe Mayor Opposes House Bill 778
Mayor Howard voiced surprise at Eugene Smith remarks and urged opposition to House Bill 778, saying it would deny Monroe the right to acquire needed property and could force future profits on the city. He argued LP and L would gain private advantage, not the public, and noted courts already reject such special treatment.
MENTIONED IN THIS ARTICLE
Monroe
Jack) Howard
Eugene Smith
West Monroe
Ouachita Parish
Howard
Smith
State
Louisiana
Power and Light Company
Lp&l
Monroe Utility Company
Baton Rouge
W. B Hatten
United Gas
News-Star
Hatten
Jim Williams
Monroe Chamber of Commerce
Free Enterprise
Gene Smith
Final date for school board filing listed
Monday, June 24 at 5 p.m. is the deadline for filing for candidacy for the Ouachita Parish School Board according to the Democratic Executive Committee. Incumbents already filed include G. R York Ward 1, W. E. Palmer Ward 2, Fred McVay, Dr F. H. Hammons Ward 3, C. P. Holloway, M. L. Owens Jr Ward 5. Filing must be with Burt W. Sperry, chairman, in Room 708 Ouachita Bank Building. A $20 deposit is required in cash or certified check to cover expenses.
MENTIONED IN THIS ARTICLE
Ouachita Parish
G. R York
W. E. Palmer
Fred McVay
F. H. Hammons
C. P. Holloway
M. L. Owens, Jr
Burt W. Sperry
Sperry
Ouachita Bank
Cropduster Pilot Dies Of Burns In Louisiana Crash
Victor Bessot of Ville Platte dies from burns after a crop dusting plane crashed near a rice field in Mamou Louisiana. The 28 year old was injured last Thursday when the plane clipped pine trees, then burned. He worked for Tri Parish Flying Service of Mamou and died in a hospital Monday after air accident injuries.
MENTIONED IN THIS ARTICLE
Mamoul
Victor Bessot
Ville Platte
Bessot
Tri Parish
Mamou
Travel Deals: Nonstop Flights Dallas to Los Angeles
Leave at 9:34am and reach Los Angeles by 12:50pm on a nonstop jet. Delta options depart at 1:56pm for L A or San Francisco with connections in Dallas, plus an evening 7:31pm flight to L A arriving 10:48pm. Champagne dinner, Super DC-8 landing 7:08pm at L F. Fares from $75 to L A or S F, day rates $90 to L A, $110 to S F, plus tax.
MENTIONED IN THIS ARTICLE
Dallas
Los Angeles
L.A
San Francisco
Delta
L.F
San Diego
S.F
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Chicago
Jerry Rowley
Hobart
Ind
Mem
Bers
Rowley
Federal Reserve
Stock Exchanges
Securi
Ties
Exchange Commission
Sampognaro
St Francis Hospital
Robert S. Kennedy
Hudson Lane
State Farm Mutual Automobile Insurance Company
Bloomington, Kine
Griffin
Ark-La-Miss
West Coast