Market Trends Show Mixed Hopeful Rise Despite Profit Taking
The market edged up Thursday with the Dow closing higher after prior shortfalls while several favored issues slipped. Rails led gains, the Standard&Poor's index rose past June highs, and autos and metals showed strength though overall breadth remained uneven. Analysts note potential for a summer rally if resistance above the 90 area is overcome, with rails and industrials showing leadership and several blue chips advancing despite profit-taking.
MENTIONED IN THIS ARTICLE
Standard & Ponn
Chinese Girl Four Reunites With Mother in Chicago
A four year old girl Peggy Yuan from Tulsa, once separated in Taipei, Formosa, reunites with her mother Mrs H S Yuan after a dramatic journey from Tokyo to Chicago. Dr Philip Pyles, a Boulder dentist, assisted in the travel and the reunion.
MENTIONED IN THIS ARTICLE
Hatss Yuan
Tulsa
Okla
Taipeh
Formosa
Philip Pyles
Boulder
Cole
Peggy
Dentist's flight aids kinship reunion voyage to Chicago
Dr. Pyles, a Kansas City dentist with eight children, volunteered to transport Peggy Yuan from Taipei to Chicago after learning of her emigrant family’s efforts. Peggy, 20 days old at the time, had lived at an orphanage since her parents left for the United States in 1962.
MENTIONED IN THIS ARTICLE
U.S
Peggy Yub-se Yuan
Formosa
Chicago
O'Hare
Tulsa
Okta
AP Wirtefore
Kansas City
Yuans
Pyles
Yi Kuang
Taipei
United, ‘States
Peggy
Yuan
Japan
California Supervisors Union Adopts Cal-Flex Welfare Plan
The Supervisors Association of California attacks the state Department of Social Welfare and proposes Cal-Flex a county driven program to set goals while counties handle administration. They claim current rules burden counties with costly, wasteful bureaucracy amid about 1 million recipients and 1 billion annual cost with federal share around 49 percent.
MENTIONED IN THIS ARTICLE
Sacramento
VPI
Supervisors Association of California
State Department of Social Welfare
Department
California
Social Welfare Department
Nurse Strike Looms in Pay Dispute Oakland
Registered nurses and hospital employers in Oakland discussed wage demands into the early morning but no agreement was reached. The California Nurses Association and 30 Bay Area hospitals held the meeting, with negotiators noting the complex and costly nature of the pay arrangements.
MENTIONED IN THIS ARTICLE
Oakland
Ralph Hartley
California
CNA
Bay Area
Skitch Henderson to Quit TV Show on NBC Tonight
Skitch Henderson announced he will not seek renewal of his NBC Tonight Show contract, which expires September 30. Henderson has been a regular on the show alongside Johnny Carson for several years. In Castro Valley Eden Hospital directors planned a meeting to discuss a threatened walkout by 108 nurses at 7 a.m. Sunday unless a satisfactory pay raise is granted, with hospitals seeking postponement and local negotiations on wages and benefits. Nurses backed by San Francisco peers warned of mass resignations without a substantial increase, aiming for a $291 raise to reach a $710 monthly base pay.
MENTIONED IN THIS ARTICLE
Burbank
UPI
Skitch Henderson
NBC
Henderson
Johnny Carson
Eden Hospital
Castro Valley
Nha
San Franscisco
San Francisco
California Jobs Hit New High in June Record
County and state employment rose to a record June total of 2,902,909 in Los Angeles County and statewide. Albert By Tieburg said the California Employment Relations Agency announced the over the year gain of 4.3 percent, with manufacturing growth driven by aircraft production. Unemployment in the county reached 149,400 as students and job seekers pressed for summer work, while statewide employment stood at 7,198,000, up 4.4 percent from June last year.
MENTIONED IN THIS ARTICLE
American Telephone
Standard of New Jersey
General Motors
Douglas
Pan American
Eastern Airlines
SCM
Magnavox
United Airlines
Amerion Can
Standard of
California
Imany
Los Angeles County
State Department of Employment
Jungle Girl to Go Blind Faces Irreversible Degeneration
Miami reporters and doctors chronicle Gladecita Mosquero a six year old girl from Los Micos near the Colombian jungle who is going blind due to hereditary retinal degeneration. U.S. medics declare no cure and her guardians recount the failed bid for treatment, aided by local volunteers and officials.
MENTIONED IN THIS ARTICLE
Gladecita Mosquero
Colombia
U.S
Miami
Fla
United States
Layoffs Planned by Rocketdyne Across Southern California
Rocketdyne Corp plans job cuts at three Southern California plants within three months. The layoff total is estimated at about 3600 workers, mainly in engineering, due to scale back of Saturn and lunar launch vehicle contracts at Van Nuys Canoga Park and Santa Susana. Local UAW estimates the impact.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Rocketdyne Corp
California
Alfill
Matts
van Nuys
Canoga
Santa Susana
iUnited Auto
U.S. Denies Plans to Sell Grain to China
Washington sources deny a North American Newspaper Alliance report that the United States is prepared to sell grain to Communist China. The government official called the report unfounded and urged ignoring it. The issue has stirred past interest dating to 1961 when Kennedy floated similar ideas.
MENTIONED IN THIS ARTICLE
Washington
UPI
Johnson
United States
China
Alliance
John F. Kennedy
U. S
East German reports execution of camp doctor Fischer
Berlin dispatch says East German authorities announced the execution of Dr Horst Fischer for crimes against humanity tied to his role at the seitzweil concentration camp. He was convicted of selecting inmates for extermination by gas chambers during 1944.
MENTIONED IN THIS ARTICLE
Berlin
UPL
Horst Fischer
Fischer
Fron
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