Stocks gain on improved economy and mixed results
New York AP reports a modest stock advance as economic signs brighten with the Dow Jones average up 5.70 points amid mixed activity. Texaco leads activity with a 26 percent rise while Merrill Lynch climbs 18 percent on optimistic earnings outlook. MCA jumps 44 to 184 after Universal Pictures unit’s Jaws grosses over 7 million in opening.
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UFW Continues Boycotts as Grape Strike Persists
Los Angeles AP reports Cesar Chavez declares that boycotts and strikes must continue to win against growers. He states the Coachella Valley grape strike and organized boycott of table grapes, iceberg lettuce, and Gallo wine are far from over, designed to apply pressure.
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Ycott Must Jays Chavez Growers in Holding Union Vote
Chavez says growers will face holding union representation elections before the new farm labor bill. Balloting becomes mandatory Aug. 28, Chavez states. He vows to continue the strike and boycott until contracts are signed. Report from headquarters near the Tahachaps Mountai east of Bakersfield.
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