Chrysler Announces Major Layoffs Amid Auto Slump
Chrysler Corp plans to lay off 21,100 workers for a week starting Monday, with cuts at its Los Angeles plant and Windsor in Ontario. Other plants including Detroit and St. Louis face reductions as the auto sector contends with weak demand and rising inventories.
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Beverly Hilton Hotel Sold to Crown Family Spotlighted
The Beverly Hilton in Beverly Hills changed hands from Hilton Hotels Corp to the Crown family. Market notes indicate volume shifts and a sluggish week with utilities and rails showing muted activity as the Crown group gains a foothold and an option to repurchase is discussed.
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Auto makers pledge recalls amid strong used car sales
Industry officials cited Friday March 15 quotas and recalls tied to shortages as they promised to curb injuries and bolster production. General Motors and Ford leaders discussed meeting 1968 car targets while Rambler and Chevrolet divisions noted improved demand for used cars.
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Estes
Ort
Ford
Auto Sales Lag Behind Last Year in First Quarter
Auto sales for January 1 to March 20 totaled 1,598,283, down 2 percent from 2,005,956 in the same period 1966. First quarter production reached 1,879,508 cars, about 24 percent under the 2,495,224 produced in early 1966, marking the lowest first quarter output in five years.
Car Makers Blast Safety Code Compliance Plans
Detroit automakers fight federal safety standards as they argue new rules will harm the industry. Ford Chrysler and other manufacturers contend forced compliance on 1988 cars would cause irreparable damage amid slumping sales and industry pressure.
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Teamsters Vote On Nationwide Walkout Threat
The Teamsters Union begins a nationwide strike vote amid a fight with trucking employers over labor action. A mass walkout could halt about 200,000 workers as automakers race to meet tougher federal safety and production standards. Chrysler warns of possible production shutdowns if a strike occurs. regulators defend existing standards amid lawsuits and hearings.
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New Orleans welcomes Latin chief amid 21 gun salute
President-Elect Anastasio Caesora of Nicaragua arrives in New Orleans for a three day visit marked by a full military honors welcome and a downtown motorcade. He addresses International House on investment opportunities in Nicaragua and Central America as Latin American unity and the Latin American Common Market circulate in regional discussion.
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Tides and Temperatures for Sunday in Southern California
Report notes sunrise sunset moon phases and tides for Sunday April 2. High tides occur at 3:06 am and 6:38 pm with 4.5 and 7 feet, lows at 11:08 am and 11:00 pm with -0.2 and 2.7 feet. Lifeguard report records 54 degrees and cites Weather Bureau statistics.
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Pakistan asserts its own super bomb claim
Pakistan claims to have developed a super bomb from its own resources, stated by the Pakistan Press Association. The Punjab University official quoted says the device would be more destructive than current stockpiles of conventional arms, following India’s recent assertion it could build nuclear bombs.
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Literacy map hints climate and schooling in pioneer era
A historical look at a literacy map from about fifty years ago notes that five states had the lowest illiteracy rates, with North and South Dakota Montana Wyoming and Washington among the best. Northern states generally show higher literacy than southern ones, except California and Texas. Researchers say harsher climates drew more alert settlers, though climate alone did not cause literacy.
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Top Teamster Leader John T O'Brien Dies at 72
CHICAGO UPI John T O'Brien a top Teamsters negotiator and first vice president died Friday at age 72 from a heart attack. He had just returned from Washington where he attended a contract strategy conference with other Teamsters officials.
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UPI
John T
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American Book Co Sold to Litton in Diversified Move
Litton Industries of Los Angeles has acquired American Book Co of New York as part of a broader diversification into various businesses. Australia agreed to buy 10 Boeing jet airliners for a total of about 91 million dollars, funded by current value of American Book Co shares through an Export-Import Bank arrangement. The aircraft, labeled for Qantas, Empire Airways, and other carriers, are regarded as strategic assets for better operations and future growth.
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Australia
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