Market trends ease as Senate backs tax bill amid varied harvest
Traders note a softer week as the Senate advances a tax bill amid a volatile market. Corporate performance dominates: Monsanto Chrysler Western Union Celanese and MGM cited in midyear shifts. Analysts foresee potential recovery toward year end with mixed box office and stock activity across Dow components.
Textile market and oil equities pull mixed in May
The May and June outlook shows insider trading and price shifts across major groups. Heavily bought names include Clark Oil and Refining as well as Standard Oil affiliates, while Canadian and Peruvian oil operators led selling. Textile shipments forecast rise to 376.97 million square yards this year, with 5 percent growth next year and a long term target near 6.4 billion square yards by 1970. The report highlights market activity, policy notes, and sector leaders amid a volatile trading climate.
MENTIONED IN THIS ARTICLE
Petroleum Outlook
Clark Oil & Refining
Costal States Gas
Sonshlitcted Oil & Gas
Croffs Oil
Dresser Industries
Home Oil
Wiper Oi & Gas
Mission. Corp
Rinwack Tidelands
Santdard Oak
Indiana
Supenor Oil
Tennece
U.S
Juniper Oi & Gas
Intex Oi
Pennzoil
Prairie Oil
Widelands
Santa, Fe
Shell Oil
Textile World
Ct Oap
Onnese
Nixon slams LBJ on bipartisan spitfire attack
Former Vice President Richard Nixon accuses President Johnson of a vicious partisan attack on the Republican Party that jeopardizes bipartisan support for the war in Vietnam. He cites Johnson's Wilmington remarks and Manila conference as proof of anti GOP bias and urges an apology. Nixon warns the measure aims to curb inflation through tax policies and credits that would affect industry and capital spending.
MENTIONED IN THIS ARTICLE
New York
View
Richard M Nixon
Johnson
Republican Party
Nixon
Manila
Porse Manila
Wilmington
Bel
Nison
Viet Nam
Licam
Asia
Bern
Nanpower
Jeredit
Aut Bry
Vote Slash in Poverty War Funds Debate Continues
Washington reports show Senate objections to exceptions while voting to keep tax incentives for rail and trucking freight in the war on poverty programs. Debate notes estimate cuts to railroads and trucks could reach billions, with officials warning the impact could be disastrous.
MENTIONED IN THIS ARTICLE
Senatae
Hadling
Shriver
I J Cargo Lines
Tol
Federal poverty aid debated as Johnson plan advances
Amid House Senate talks the Office of Economic Opportunity receives 1.56 billion for the current year as the administration pushes a 1.75 billion total. The Senate had approved 489 million, while conferees settle near 323 million for legal community action and youth programs, with key figures like Shriver noted.
MENTIONED IN THIS ARTICLE
Office of Economic Opportunity
Slead
Johnson
Shriver
iHouse-Senate
Aanyena Wingreenme
Zjconfernes
Senate
British Wage Freeze Sparks Individual Worker Grievances
British government enforces a wage freeze affecting individual workers including 2000 newspaper production staff and 200 employees at Third Electrical Industries. The move strains relations with unions and prompts court actions as the state signals its intention to curb wage awards amid rising living costs and slowing productivity.
MENTIONED IN THIS ARTICLE
Michizel 'Stewart
Ranville Smith
Montan
Caunty
Marines Wife Anniversary Card Headline Novelty
A Vietnam Marine Gunnery Sgt Bob Lo Randolph sent a message to his wife that inspired a page one headline in the Chattanooga News Free Press. The couple married on January 8 and the $6 paid for roses, the story notes.
MENTIONED IN THIS ARTICLE
Chattanooga
Tenn
Viet Nam
Boondocks
House OKs slum-fight funds for Great Society push
Washington reports President Johnson's Great Society plan advances as the House approved a bill authorizing about 12 billion dollars over two years for slum clearance, urban renewal, and metropolitan planning. The measure, 178 to 141, moves toward Senate negotiations to resolve differences in spending and project allocations.
MENTIONED IN THIS ARTICLE
Washington
Persident Johnson
Senate
Pacific Seeks Toll Free Dial Area Expansion Plan
Pacific Telephone seeks approval to expand toll free dial areas in northern California. The plan would extend to Los Altos Mountain View Fremont Newark Niles North Hollywood Wywood Crescenta and other Bay Area exchanges for a 29.95 loan charge. The move targets customers willing to pay for added toll free calling options in 59 metropolitan exchanges.
MENTIONED IN THIS ARTICLE
Pacific
SAN Trancisco
WES
Pacific ‘Telephone Coalifornia Public
Mess
Peoposal
Los Altos
Mountain View
Fremont
Newark-Niles
North Holt
Wywood
Crescenta Fund
Los Angeles
Opt
Ional
Terest
Bay-Area
Hay Area
Proup
Boxer Rubik Carter Charged in Paterson Triple Slaying
Paterson New Jersey police charged 29 year old boxer Rubik Carter with three counts of murder after a June 17 Lafayette Street tavern shooting that killed two and left another wounded. A second suspect John Artis was also charged. authorities say robbers opened fire during a suspected hold up and money vanished. The case follows an early life boxing career including a December 1964 loss to Joey Giardello.
MENTIONED IN THIS ARTICLE
Paterson
UPI
Rubik
Hurr
Kcane
Carter
Paterson Tavern
Eivt Pion
Joey Giardello
John Artis
Artis
Lafayettte Gill
Owe
Scrap Firm Denies Pair's Claim for Grounded Vessel
PACIFISA executives say two men who spent 274 hours aboard the grounded U.S. Navy destroyer escort Nohrisen in San Pedro are not factors in salvage disputes. Paul Farley, 39, and Larry Rady of San Francisco boarded the vessel in an attempt to claim salvage rights as it awaited scrapping.
MENTIONED IN THIS ARTICLE
Pair
Pacifisa
Nohrisen
al Pheempt
Jclaim
Ray Coals
Agong
National Metals & Steel Corp
Rody
Abio
Ley
San Pedro
Paul F Farley
Larry Rady
San Francisco
Farley
Airlines
Samaritan saves woman as purse holds $11000
Barbara Kosties fainted on a Philadelphia street and was helped by Carmen Valentin who returned the purse found with $3000 in cash and $8.12 in coins. Police traced the owner to Valentin at her home and the case led to a hospital recovery scene.
MENTIONED IN THIS ARTICLE
Philadelphia
GE Unions OK Contract to Avert Strike
General Electric and union leaders reached a surprise settlement Friday to avert a walkout that could disrupt the Vietnam War effort. The three year three week deal, favored by the White House mediation panel, tops about 595 per year in cost and awaits approval by the International Union of Electrical Workers in New York.
MENTIONED IN THIS ARTICLE
Washington
General Electric Company
White House
General Electrric Conference
Also Mentioned on This Page
WW. DE LA Chapelle
J. A. McConville
Chrysler
Yiolen
Western Union
Western
Union
United Artists
James Fend
Mess Weekly
MGM
Monsanto
Celanere
Hewbove
Broadcastine
Ff Tal
Toul
Dortorj Thivage
Twentieth Century-Fox
Sound of Music
twentieth = CenturysFox Pictures
Wu Aptice
Warner
Brothers
Universal Studios
Finw
Mivy US Agai
Mae
Xerox
Solitron
LMI
Alloys
Polaroit
Cullins
Burroughs
General Instruments
National Video
Syntex
Magnavox
Raytheon
Texas
Control Data
Uistinbs
Velden
Sierencer
Aioe
Itelgat
Robery
Hess
Ihe
Indi- Bate
Guts Contes
Century Bank
New Trinity
Beg
New York Times
Arcane
Heitya
giCusp
Best & Co
Uae
Bressentarnes
Securities Craters
Mechel Ising
Bednar Ea Pg Bh
TED Prem Vetsit
Mehr Huts Gieanies
Macy's
Sears
Wreing Life
Ins
Alkwiisons
Samak Uraesy Ie
Orchy Pac Nonine
Albion
Ranoeninatia
Stan
Allied Fran Et Bry
Leunan Daoreus
Picea
BerSewi, Sylvanic Alice Cantey Stilveen
Omark
GaiAifea
Union Carbide
Frankie Ceale
Hecayaulont Aedus Jets
obas-Manville
Mosler
Ganwaler
Rayelle-Faharge
Baton Cauitat Lave
Amie
Gaia Caro
Atapor
TBS
Bel Banetna
Ageelinteas
ZBM
Doyle Dane
Idealiwst
Ipawelers
Ifs Hkinet
Elec
Tecumseh
Scien
Seateiorian
Margit Eichay Marine
Freighy
Roregieclirens
Tyauelocoe
Utah Coal
Jain
Eh Elie
Jen Ae Wales Dehnson Ie
New York Times Service
Sen
Mon
Nixon Hitston
Pacific Coast Exchange
House of Representatives
Wille Bey
Vito Shiha
McCulloch
Merch Pelsco
Mawl
Ittle
Thei Leonforces
Asi
Appropriations Committee
Lee
Britain
Nes Service
Alsees Chante
Leary
Stewart
He Newspaper Properties Association
Wifelin
Aberdeen
Favessees
Anelsers
Sal Rational Securities
Growit
Bos
Berh
Franklin
Adsoe
Asan Invest
NEA Eard Ear
Mengane If
Sei & Bleth
Blue Ridge
Thad Sen Invest Donust
Ser Group
Srcurtes
Bem
Oceesteim Fa
Reston
Fulonman
Bultock
Gryntan
Canada
Isles
Hmoedts
Imperial
Bae
Bostik
United Funas
Greug
Fures
Science
Jock i Ae Ieee
Aren Heth EY
Ives
Rese Fund Ing
Vanguard
Wibconsin Fe
Oasum Invest
Enia
Renmin
Hesearen Ing
Cavers
Revere Ful
Salai
Tae Oreyfus
Equity
Nava ‘Lanes
Sevesat Salt Lanchase
Cetertalameas Beechy
Chip Glark
Lender's
Suiltun
Wdishwasher
I/SFOSAL
City of Cypress