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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Nov 19, 1966
Page
4
The week shows a reverse head and shoulders pattern with gold stocks rising while electronics falter. Traders note support around 830 835 and resistance near 840 860 with seasonal December rally expectations amid broader declines in mining and metal issues.
A Japanese artist known for interior ceramics died Friday in Tokyo. The late artist, aged 76, held international prizes and exhibited widely in Milan and other cities. Market dynamics and drug group movements are noted alongside mention of Parke Davis and forthcoming state visits to Delhi from Bombay.
A detailed overview explains NASD interdealer quotes, their limitations, and the rise and fall in stocks on Thursday. It notes representative quotations at 9:00 a.m. and mentions groups like General Instrument and Motorola amid broad declines, with mixed recovery and ongoing concern about price movements and market liquidity.
The Evening of Kyte Thomas at Peppermint Playhouse in Seattle was canceled on Sunday night. Guests were not admitted and refunds were unspecified.
UPI reports hearings to deny Rep. Adam Clayton Powell a seat as the District Court judge reviews non contempt convictions and possible defamation award claims from Ester James. The case centers on alleged violations of court orders and Powell’s residency status in Harlem, with involvement from Board of Elections assurances and Republican opposition.
A 22 year old East Berlin transportation worker fled to West Berlin today under gunfire from East German border guards. He sustained only scratches on the face and hands.
Dumke doubts Governor-elect Reagan will probe the University of California and says state colleges unlikely to be affected. He favors tuition-free education in theory but notes possible fees to avoid costs. He supports local campus speaker policies and trustees’ retained authority, urging not to become partisan in controversies.
Garden Grove police said a man was shot in the left arm Friday night and the alleged assailant, Hubert Martin, 32, was booked into Orange County Jail. Victim Joseph A. Esposito, 44, of Orange, was wounded by a .22 caliber bullet at the Martins’ home on Vanguard Street. Police reported Martin returned home about 10 30 p m to find Esposito with Elta Jane Martin, 30.
A Michigan group calling itself Republicans for Ronald Reagan has intensified efforts to win the 1968 GOP presidential nomination. Chairman Robert Smith, from Owosso, Mich, said the next President will be Ronald Reagan in a statement imitated from the news agency.
Washington reports rising interest rates and high borrowing push the U S farmer’s total interest bill to nearly 2 5 billion this year up about 14 percent from 1965. The Agriculture Department notes part due to tight money markets and another part from anticipated farm debt rising by year end to about 45 billion, up five billion from last year. A broad market recap shows investors listing mutual funds and related financials amid inflationary pressure and shifting yields.
SAN DIEGO 4 - Lawyer J Edward Murray says many newspapers and courts damage press prestige with pretrial publicity. At the 83rd annual convention he argued that only a tiny percentage of cases involve such publicity, while editors must be careful to preserve a positive newspaper image.
Anatolijus Spebulis a Lithuanian alien living with his family in Miami was arrested Friday at a shuttered photo studio described by police as a front for obscene material. Agents found a wooden torture rack chains manacles and hundreds of porn photos. He faces charges of sale possession and distribution of obscene literature.
Saigon announced the transfer of eight high officers and the appointment of one to Premier Ky’s cabinet. A new ministry of planning and development was created for Lt. Gen. Dang Van Quang, who led the 4th Corps in the Mekong Delta. The moves followed new ministerial appointments and the split of the economy ministry into commerce and handicraft and industry.
Police raided known Communist sympathizers and seized a Chinese college seized 26 days earlier. About 131 students detained at Ngee Ann College and 60 more arrested elsewhere as protests over education policy and police actions staged across Singapore.
A Montreal industrial executive a retired prairie socialist and a Quebec lawyer were named this week to head a three man royal commission to probe all aspects of Canadian security. Maxwell Weir Mackenzie 59 said its a hell of a job but someone has to do it. The appointment comes amid uproar over the Gert Munsinger and George Victor Spencer case, with espionage making more headlines in 1966 than since 1946.
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