Week's Market Rebound Tests Downturn After Slump
Newton D. Zinder reports a tentative late Thursday rebound in stocks with the Dow Jones Industrial Average dipping to 922.27 and 924.44 earlier, then recovering amid broad gains in rails and utilities. The rally, though modest, included strong volume and a shift in breadth, suggesting potential for a partial retrace of recent losses and inviting short term traders to seek quick gains in select names like Texas Gulf Sulphur and Fairchild Camera while cautioning about durable upside amid the ongoing technical damage.
MENTIONED IN THIS ARTICLE
Newton D. Zinder
Dow Jones
Johnson
Viewland
Guick
Texas Gulf
Fairchild Camera
Accidental Petroleum
Pan American World Airways
Varian Associates
Crowell-Collier
Pittston
General Tire
Parke, Davis
Outward Marine
Robertshaw
Stock Exchange may relocate amid transfer tax debate
Cyril Magnin said the New York Stock Exchange would consider moving its operations if a stock transfer tax is proposed by Mayor John V. It follows a report on market reactions as officials weigh potential tax plans and the impact on major financial centers. The item references Wall Street, Monarch Lotes, and various financial firms reacting to possible policy shifts.
MENTIONED IN THIS ARTICLE
Qvelaltens
Watters
Muscoiaien Et Secdilies
Destece
Pa Case Water
Uriter
Amita
Redcar Cera
Fuelwood
LLUSS
Oheris Comal Ata Ofla
Kuors Bros Nu
Rekine van Ster
Boasy
Bonanza
Avareign
Ats
Uberiellog TV
Eeaheela
Vilar
Iindds
Allpi Association of Securities Cease's
Betel Dob Corp
Fies
Drewren Barnes
Lowe
Sng
Auta
United
Wyddardt
Rortisen
Aecine
Greenhaga
Waller
Rebs Az
Stultras Apt G
N.Y. Stock Exchange
San Francisco
New York
Beeseer
TieolPh
Francisco
Louislang & Sta
Eracueerzeroa i
Chamber of Commerce
Arbuth
Insleyry
Sierra Bae Power
Republic Hist Ltda
United Truett
Guaranty
Bianney Sviarts Pesteneater
Suytsttore
Ira Breas
Barkers Trust SM Sry Economics
Ehemical Bane Bey Diesirginate
Telon” Ranch
Hanover
Cal
Grineail Cave
Lawn & Fir
Horyer Co Ng
Mintel
Warwick
Seeineh
Telerviate Ae
BOWN
Union Ak LA
United Vis
Lowabedonckere
Galina
Change
Fatle
John V
Pacific Coast Exchange VINGIs UL IRE MUCK Ex
A fragmented clipping mentions Pacific Coast Exchange and VINGIs with unclear context. The readable text lacks concrete events, dates, or outcomes to establish a factual item.
MENTIONED IN THIS ARTICLE
Vingis UL
LBJ to Seek Raise for U.S. Aides
The Johnson administration plans an average 2.5 percent pay raise for federal employees, staying within wage guidelines, with retirement benefits pushing the total to about 3.2 percent. The plan faces opposition from many congressmen and will be outlined when John W. Macy Jr. testifies before a House Civil Service subcommittee.
MENTIONED IN THIS ARTICLE
Washington
Johnson
John W. Macy Jr
Civil Service Commission
House
Civil Service Subcommittee
Court Drops Charges of Price Fixing in California
A federal judge in Los Angeles dismissed charges of price fixing against four companies over subsurface crude oil pumps. The court ruled that pursuing the anti trust charge would risk double jeopardy after a similar price fixing count had been dropped earlier. The defendants include Armco Steel Corp of Los Nietos, Dresser Industries Inc of Huntington Park, U S Steel Corp, and Youngstown Sheet and Tube Co of Garland.
MENTIONED IN THIS ARTICLE
Los Angeles
UPD
California
Armco
Steel Corp
Los Nietos
Calif
Dresser Industries Inc
Huntington Park
U.S. Steel Corp
Youngstown Sheet and Tuhe Cn
Garland, Vex
GOP Solons Clash Over California Budget Claims
Sacramento reports show State Finance Director Hale Champion rebutting Senate criticisms of Governor Edmund G. Brown's budget balance claim. Champion argues changes benefit taxpayers, not taxes, while Sen McCarthy and minority leader Rafael challenge the administration's assertions and highlight alleged tax boosts. Brown defends maintaining a tax stance amid debate.
MENTIONED IN THIS ARTICLE
Sacramento
UPH
Hale Champion
GOP
Senate
Findlay
Jack’ F. McCarthy
Sal Rafael
Gav
Edmund G. Brown
McCarthy
Brown
Hatta
California
Rebels Seize Town in Assam Clash With India
Rebels in Southeast Assam trapped Indian forces in the jungle revolt, capturing a town and reporting further gains in a weeklong campaign against New Delhi. A defense ministry spokesman offered details amid the rising tension in eastern India.
MENTIONED IN THIS ARTICLE
India
New Delhi
Assam
Defense Ministry
Sixoday
Firestone Bride Leaves for Europe Honeymoon
Carmel report says Leonard Firestone of Beverly Hills, wealthy Tubber company heir, married San Francisco widow former Mrs. Stuart A Heatley in Carmel. Firestone, 58, had previously been a kidnap target, with five men shot during the plot at his mansion. he travels to Europe guarded by Pinkerton guards.
MENTIONED IN THIS ARTICLE
Carmel
Leonard K. Firestone
All Saints Episcopal Church
Beverly Hills
Leonard Ky Firestone
Tubber Company
Irestones
San Francisco
Stuart A. Heatley
Firestone
Pinkerton
Bribe Trial Details Mention Wedding and Tax Cut
In San Francisco, a bribery case recalls a wedding in progress while discussion of an assessor’s tax cut unfolds. Witnesses say General Foods officials noted a cut had gone too far as Raymond Firestone and his bride were celebrated at Pebble Beach.
MENTIONED IN THIS ARTICLE
San Francisco
UPI
Raymond C. Firestone
Akron
Ohio
Russell Wolden
Pany
Pebble Beach
Sal
John Godfrey
Fragmentary Note on Marriage and Family Figures
Fragmentary text mentions a couple connected to Paris Kentucky, referencing a Mrs. and Mr. Samuel Register and a Wells Fargo Bank executive as a late husband. It also notes the death of Firestone's first wife Polly in January 1965.
MENTIONED IN THIS ARTICLE
Bomn
Akon
Samuel Register
Paris
Wells Fargo Bank
Firestone
Polly
Wolden Denies Bribe Charges in Newstat Case
Newstat said Wolden faced bribery accusations for favorable taxpayer treatment. he denied the charges and claimed to push special allowances for Glidden Paint Co. The firm reportedly obtained a $3 million landlord concession in a five year deal connected to a Venice eviction case and a local Dubnis Club chapter.
MENTIONED IN THIS ARTICLE
Newstat
Wolden
Tie
Glidden Paint Co
Venice
UPI
Beded, Houses
Webt DuBnis Clubs of America
India Army Battles Food Rift Violence
In Calcutta area about 15 people protested food shortages when nine departments were called out. Police and authorities used force to quell rioting as students set fire to rail stations and looted shops. One student was killed and several agitators wounded amid clashes in Krishnanagar and surrounding suburbs.
MENTIONED IN THIS ARTICLE
Calcutta
India
Krishnanagar
Venice West
DuBois
Studebaker Quitting Auto Manufacture and Diversified Output
Studebaker, founded in 1852, ending its 64 year auto-making career amid declining sales and failed merger talks. The firm had diversified into home appliances, electrical generators, refrigeration, oil additives, lawn and garden tractors, and other products while phasing out autos.
Insurance May Depend on Car Type
New York state may tie auto insurance rates to car make and model after a joint study by the State Insurance Department and the auto mobile insurance industry. Insurance officials say the preliminary findings are strong enough to continue, with safety features possibly pressuring higher installation.
MENTIONED IN THIS ARTICLE
REW York
UPH
New York State
Henry Root Stern Jr
Automobile Insurance
Insurance Department
Promptus
Motion Sickness Drug Label Caution Ordered
FDA orders Pfizer and Burroughs Wellcome to revise labeling on antihistamine motion sickness drugs to warn pregnant women of possible birth defects. Notices cite mislabeling of meclizine cyclizine and chlorcyclizine products and require changes to prevent illegal distribution.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
Charles Pfizer & Co
New York
Burroughs Wellcome & Co., Inc
Tuckahoe
N.Y
Twa
FDA
Pfizer
Burroughs Wellcome
Why Was It Cut Solon Asks One Tree Out of Millions
Forest Service Chief Edward Cliff defended cutting a single bristlecone pine in Nevada's Wheeler Peak area before a Senate subcommittee. He said the tree, about 4900 years old, was selected for scientific study and that many other trees remain in the 106 acre stand. Bible pressed on why core drilling could not substitute, but Cliff maintained the stump was needed to count rings.
MENTIONED IN THIS ARTICLE
Automobive
Studebaker
Har
South Bend
Ind
Hamilton
Uni
Southy Bend
United States
Solon
Washington
UPI
Forest Service
Edward P. Cliff
Friday
CHM
Senate
Alan Bible
D-Nev
Eastern
Whoeler Feak Scenic Area
Nevada
Cliff
Bible
Chiff
Arbitration Award Grants Pan Am Layoff Workers Relief
New York reports 1.3 million dollars awarded to 6,800 Pan Am employees by arbitrator Harry S. Platt. The Transport Workers Union won the case, finding Pan Am violated its contract by laying off workers two hours after the pilots went on strike March 1, 1885, with the strike ending April 10.
MENTIONED IN THIS ARTICLE
NEW York
API
Pan American World Airways
Transport Workers Union
Pan Am
Harry S. Platt
Pen Am
Ghana regime recognized by U S officials
The State Department recognized the National Liberation Committee regime that overthrew Ghana's President Kwame Nkrumah. Charge d affaires K Y Boafa was summoned and given a note expressing hopes for continued friendly relations between the United States and Ghana.
MENTIONED IN THIS ARTICLE
Ghana
U.S
Washington
State Department
National Liberation Committee
Kwame Nkrumah
K. Y.iBoafa
Home ownership shines in today's Classifieds
There's nothing like a home you own. For outstanding home buys see today's Classified Section with listings highlighting available properties, prices, and contact details.
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Merton
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