Drilling Activity Falls to 19 Year Low in U S
Oil and gas drilling in 1966 drops to a 19 year low yearend totals show about 36 750 completions. Exploratory drilling rises slightly but remains below the 1956 record. Industry leaders warn of further declines into 1967 while oil prices show modest recovery in recent months.
MENTIONED IN THIS ARTICLE
Max B. Skelton
Associated Press
Houston, Tex
United States
Warren L. Baker
American Association of Oilwell Drilling Contractors
Baker
Walter R. Koch
Texas Independent Producers & Royalty Owners Association
Venezuela
Uncertainties Hover Over 1966 Economy Increases And Deals
In 1966 the U S economy boomed but uncertainties persisted. Steel price hikes sparked government pushback while U S Steel raised by 2 75 a ton. Dow hit a record then slid below 800. inflation grew with higher food and auto costs. housing starts dropped to a 20 year low. a major rail merger faced delays. wages and strikes challenged the period.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel Corp
U.S. Steel Corp
Ekodak
PepsiCo
Pfizerc
el Paso
Phil
PhilMorr
John
PhillPet
ErieLack
Pitney
Tacit Steel
FairCam
Rocter
Fair Hill
Wis -Ublkind
Alstone
Agonier
Ik Firesine
Raytheon
FstChart
FreeptSu
le Rohr Cp
Roy Ccola
Sa GenAnil F
RoyDut
GenDynam
Ma RyderSys
Sa Safeway
Schenley
Schering
Em Schick
Tia Mat Ma Gtel el
SCM Cp
Gen Tire
Ga Pacific Ib
Scott Paper
Gerber
Va Seab AL
Alia Getty
Sears Roe
Goodrich
Seeburg
GraceCo
Shell Oil
ShellTra
Wat Grantwt
Sherwin Wm
A&p
Gt West Finn
SingerCo
Soucale
GrumAire
SouthPac
GulfStaut
South Ry
Halliburt
Spartan Tnd
Tha Harris
Sperry Rand
StOilind
Hoff Electron
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Sfe
UnitCorp
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S Koopers
Ugascoe
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Borax
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US Steel
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Whelan Litton
Livingsun Oil
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Lockhola
Upjohn
Pat VariPw
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Lorillard
Ai WarnLamb
Ana
Mack Tr
Macyrh
WarBanc
Westce
Magnavox
Wilson
Élra
Martin Mar
WinnDix
Woolworth
Sa Xerox Corp
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Mc Donn
Rita ZenithRad
McKess
Associated Press
Mead Co
N.Y
Merck
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MontDourt
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Newbery
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Norton
Norwich
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Pact&t
Pan Am
PennDixie
Egg cracking pressures detail from St. Paul report
A St Paul note states a normal egg requires eight to fifteen pounds pressure to break. It notes the small end needs about eighteen percent more pressure to crack.
MENTIONED IN THIS ARTICLE
ST. Paul
Weekly NY Stocks on NYSE recap
Selected stocks traded this week on the New York Stock Exchange are listed with individual sales for the week, the week’s high and low, closing prices, and the net change from last week’s close.
MENTIONED IN THIS ARTICLE
NY Stocks
NEW York
New York Stock Exchange
Dow-Jones
American New York
American Stock Exchange
Ales N Aerojet
Nds
Am Petrof
Asamera
Atlas Cp
Barnes Eng
Data Cent
Equity Cp
We Fargo Oils
Felmt Oil
Fly Tiger
Gen Plynd
Goldfield
Hoerner
NY Stocks Reviewed and Dividend Footnotes Explained
A glossary explains dividend types and stock actions in the 1945 financial table. Annotations denote extra or liquidating dividends, stock dividends, ex-dividend status, warrants, and special cases across multiple letters and phrases for corporate payouts and reorganizations.
Abundance contrasts with 1930s Christmas mood
AP observes a Christmas contrast between abundance and restraint. The piece recalls the 1930s era with WPA cuts and high unemployment but notes gains in security, equality, and living standards since then. It argues the current economy shows near full production and lower unemployment while honoring lessons from hard times.
MENTIONED IN THIS ARTICLE
New York
General Motors
Works Progress Administration
WPA
Civilian Conservation Corps
Italy
Ethiopia
Far East
Seabee Gerald W. Sanders Deployed to Chu Lai Vietnam
Gerald W. Sanders, son of Mr and Mrs Woodrow E Sanders of 1809 N Maryland Ave, has deployed to Chu Lai Vietnam with U S Naval Mobile Construction Battalion Eight for about eight months. This is the unit’s second Vietnam deployment after homeport Port Hueneme California training since return.
MENTIONED IN THIS ARTICLE
Chu Lai
Vietnam
Gerald W. Sanders
Woodrow E. Sanders
Maryland Ave
U.S. Naval Mobile Construction Battalion
Port Hueneme
Calif
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AP Business News
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NEW York Life Insurance Company
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