New Tax Incentives Lift New York Stocks
New York stocks rose after Congress revived business tax incentives. UPI reports the market index jumped about 0.79 percent near the close, with 1,442 issues traded. Advancers led decliners 835 to 390 as IBM Polaroid Xerox and several others advanced.
MENTIONED IN THIS ARTICLE
New York
UPI
United Press International
IBM
Polaroid
Xerox
Teledyne
Itek
Control Data
Texas Instruments
Fairchild Camera
Burroughs
Tax Credit Restored in Senate Action
The Senate approved by voice vote a bill restoring the 7 percent investment tax credit for business, sending it to the White House. The measure, requested by President Johnson, totals a $1.7 billion tax break after a two month delay over a rider on federal financing of elections. The compromise restores incentives suspended last Oct. 10.
MENTIONED IN THIS ARTICLE
Washington
Swoose mechanic Harold Varner dies at 62 in California
Harold Varner, the sergeant who rebuilt the B17 Alexander the Swoose after the 1941 Philippines attack and flew her to the Smithsonian, died of a heart attack at 62 in San Rafael California. Varner patched together the bomber in Java using wreckage from downed planes.
MENTIONED IN THIS ARTICLE
San Rafael
Calif
UPI
Harold Varner
Philippines
Smithsonian Institution
Varner
Army Air Force
Java
Clark Field
California lawmakers plan redistricting bill to restore one man one vote
Senate and Assembly Elections Committee chairs pledge to draft congressional redistricting legislation to meet a court order and correct districts that exceed the statewide average. They aim to act within weeks, despite limited enthusiasm among leaders, with reapportionment likely again after the 1970 census.
MENTIONED IN THIS ARTICLE
Norman Kempster
United Press International Sacramento
UPI
Senate and
Assembly Elections
California
House of Representatives
Supreme Cent
Jack R. Fenton
D-Montebello
Washington
Fenton
James Mills
San Diego
Senate
Ronald Reagan
Mills
State Supreme Court
Assembly
Jesse M. Unruh
D-Inglewood
Hugh M. Burns
D-Fresno
Unruh
Good weather for crooks in Chicago May crimes rise
Chicago Police Supt Orlando W Wilson blamed May crime increases on dry weather noting criminals avoid rain. The remarks touch on weather as a factor in crime while outlining general city crime trends and implications for policing.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Orlando W. Wilson
Also Mentioned on This Page
Flo
Paul Sellers
Siane
N.Y. Stocks
Tokyo
Japan
Motors
General Motors
du Pont Land Eastman Kodak
Ling - Temco
Chicago & North Western
Quotron Service
Dow-Jones
Lester, Ryans Co
Essex
Amer. Motors
Curtis Pub
Portt & T
Eastman Dillon
Union Securities & Co
Eastman Dillon, Union Securities & CO
Magnolia Ave
Riverside Heels
Sgt. Varner
San Francisco
Phillip Burton
Orange
Marin
Ian
Isave
Eney
Redlands
Yucaipa
Yucaipa Blvd
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