Use Of Customers' Cash By Brokers Restricted
Editor's note introduces a third column on investor issues as brokers in the 1968 1970 Wall Street collapse misused customer funds. The piece highlights hypothecation where brokers pledged customers' securities to cover operating expenses, alarming investors in New York.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Securities and Exchange and
Industry
Stock Exchange
SEC
New York Stock Exchange
SIPC
NYSE
Thse
Exchange
Grow A Beard Look Masculine Says SJSU Professor
San Jose California AP reports psychologist Robert Pellegrini found college students rate bearded men as more masculine mature and industrious based on staged photos. Eight students shaved in stages and were rated by 128 peers. The study notes strong perceived traits linked to facial hair.
MENTIONED IN THIS ARTICLE
San Jose
Calif
San Jose State University
Robert Pellegrini
Pellegrini
Gabby Hayes
Wichita Unit Wins 1st GOP Docking Trophy
A Wichita unit of the Kansas National Guard won the First Annual Gov. George Docking Trophy for leadership training. The HQ Detachment, 226th Engineer Battalion led by Lt Col Don Wheeler earned the honor for producing the most non-commissioned and company grade officers who completed leadership courses. Runner up was HQ Company, 174th Supply and Service Battalion, Coffeyville. The award, named for Gov. Docking’s father, will be presented during annual training at Nickell Barracks, Salina.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Wichita
Kansas National Guard
George Docking
Edward Fry
State Adjutant General
226Th Engineer Battalion
Don Wheeler
174Th Supply and Service Battalion
Coffeyville
State
Adjutant General
Kansas
Nickell Barracks
Salina
Prices Up, Unemployment Down In June Report
New York reports June wholesale prices rose at their sharpest pace since the Korean War era while unemployment fell below 5 percent for the first time in three years. Banks raised prime lending to 8 percent and savers gain higher rates. mortgages grow costlier as agencies lift passbook and loan ceilings to spur loan availability.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Federal Home Loan Bank Board
Savings and Loans
Savings and Loan Associations
Federal Housing Administration
Veterans Administration
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Franklin
Javi
J.R. Cheney
Ryder Sys
Gulf Oil
Sim
Halburt
Hercules
Admiral
Pan Am Air
Penn Cent
Alcoa
Katy Ind
Ye Rca
He Am Motors
Kerr Me
Reyn Met
T&t Kresge
Ampex Corp A Kroger
Richald
Litton Ind
Magnvox
Aveo Corp
Marcor
Fds
Beech A
Harry Smith Auto Supply
EL Dorado Mfg. Ltd
Kansas Corporation
Metcalf Road
el Dorado
Borg Warner Products
Martin Auto Supply
Ottawa Herald
Business and Professional Guide
Optometrists
James A. Eaton, D
Optometrist
S. Main
Olin G. Wollen, D.D
A-1 Cab CO
Dennis L. Smith, D.D
Rodney McClay, D.D
Pharmacists
Raney-Reynolds Rexall
John Reynolds
Ottawa
BOB Luce Johnson Motors
Newman Boats
Qn Cedar
John Rodgers
Walker’s
Hicks Electric CO
N. Main
Brown’s Hardware
Chiropractors
Don L. McKelvey
D.C
W. 15Th St
J.C. South, D.C
Franklin County Mental Health Clinic, Inc
Beauty Shop
Beautyland Styling Salon
Main
Shirley James
Jessie Wright
Brenda Fletcher
Teresa Rupe
Patricia Blakesley
Karen Stinson
Peggy Sue Johnson
Calvary Baptist
Bill Weber
Children's Church
Canterbury Court
Olive
John E. Douglass
M. Brockway
L.J. Matney
David L. Young, D.O
Physical Medicine
Everett's Barber Shop
Everett Stark
Johnson Hearing Aid
S. Cedar
Sue Rite Shoe
Richardson’s