Downey Stocks Rally Amid Weak Economy Signs
Downey and peers like Paine, Webber, and Jackson show attracting interest as market weakness prompts a discount-rate cut. The report notes mixed gains across industrials, with rails leading and motors, airlines, and utilities fluctuating amid inflation fears and investor demand for solid returns.
MENTIONED IN THIS ARTICLE
Awith Paine
Webber, Jackson
Pe& Curtis
Ihejthe
Federal Reserve Board
Iely
Omaha
Darrell Drake - Ee
Beneft
Downey
Caliente
Mobil
Ouas
Plymouth
Belvedere II
Moi Uy
Yetal Motors
United Fruit
Missouri
Detroit
Los Angeles
Ford
Falcon Futura
Dow-Jones
Drift through stock market notes and car class results
The report blends race standings with market commentary, noting Drake's Mercury Caliente within 0.1248 mpg of the leader after 2119 miles, and class A compact eights standings. It also covers Dow Jones movements and discount-rate observations with various drivers and cars named.
MENTIONED IN THIS ARTICLE
Drake
Bab
Gordon
Sherlee Madison
Hunbey
Denver
Kington Beach
Rio Grande
Byron Froelich
Dow-Jones
Reece
Cecil Rowman
Torrance
Carolyn
Candy) Thomas
Anaheim
U S Proposes 960 Million to World Bank Aid Plan
Washington outlines a conditional package totaling 2.4 billion over three years with annual installments and a cap on U S share at 40 percent, aiming to boost funding for the International Development Association amid World Bank reservations about the terms and procurement balance. The plan would keep IDA lending to very poor nations with long repayment periods while tying parts of U S contributions to performance benchmarks.
MENTIONED IN THIS ARTICLE
Wall Street
Belo
S&1
Lannus
U.S
Walworths
Washington
Renans
International Development Associaen
Recess Trial in Grid Air Death Claim
San Diego based hearings on damage claims from a 195 plane crash that killed 22 people including 17 Cal Poly San Luis Obispo football players. Claims against the U.S. government under the Federal Tort Claims Act have varied, with amounts from 15 000 to 450 000 in 11 filed cases. The twin engine C47 crashed in fog after takeoff from Toledo Ohio while returning from a game against Bowling Green University.
MENTIONED IN THIS ARTICLE
San Diego
Cal Poly At
San Luis Obispo
Fred Kunzell
Toledo,Ohio
Cal Paly
Fam
Lewling Green University
Tanker Blast Kills 1 in Canary Islands Incident
An explosion and fire on a 40,000 ton British tanker near Santa Cruz de Tenerife killed one crew member and injured several others. Coastal radio reports from the port say the ship caught fire shortly after the blast.
MENTIONED IN THIS ARTICLE
Santa Cruz DE Tenerife
Canary Islands
North Sands
Tadio
Latin Aid Emphasizes Self Help in Hemisphere Summit
President Johnson frames Latin American aid around self help as Latin leaders gather in Punta del Este Uruguay to push the Alliance for Progress. He notes broad acceptance of the principle, cites progress in schools hospitals housing and infrastructure, and warns remaining tasks are vast while urging recipient nations to mobilize their own resources. Taxable sales in California rose 7.3 percent last year per the State Board of Equalization.
MENTIONED IN THIS ARTICLE
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Latin America
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Johnston
Feidty
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Alliance For Progress
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Uruguay
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Wman
Tuginways
Sacramento
UPS
California
State Board of Equalization
Udall Sees Satellite Aid for 40 Fish Fleets
Secretary Udall told a Gulfport symposium that space data could transform fishing by predicting tuna catches for fleets like those at San Pedro. He urged balancing space exploration with earth needs and proposed near polar orbit earth resources satellites to aid fisheries and weathering volcanic eruptions.
MENTIONED IN THIS ARTICLE
Udall
Houston
Stewart L. Udall
United States
Fryin Space
Gulf
NASA
Tanged Spacecraft Center
San Pedro
Earth Resources
Inner Land
Outer Space
American Society For Oceanography and
Gulf University Research Corp
Ocean
Space
Firm's Founder Dies in Chicago
Elmec Rich, founder and former board chairman of the Sinoniz Co., died Friday in Chicago. The businessman led the firm through its early growth and guided its strategic direction during his tenure.
MENTIONED IN THIS ARTICLE
Chicago
Elmec Rich
Buard
Sinoniz Co
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