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Sunday Dominion Post in Morgantown, West Virginia

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Sunday Dominion Post

Location

Morgantown, West Virginia, United States of America

Date

Jan 12, 1969

Page

15

Government stance shifts toward slower labor dispute action

Incoming Labor Secretary George P. Shultz signals minimum government intervention in major labor disputes under Nixon. He says the experts are unions and management, and he intends to leave disputes to them. The piece notes updated Nathan Report for 1971 contract talks and the evolving, more sophisticated practice of collective bargaining since 1965.

Nixon George P. Shultz Labor Shultz Communications Workers of America Bell System CWA Yesteryear Schultz

Week in Finance Charts Chill in Credit Tightening

Bearish mood sweeps stock and bond markets as interest rates rise amid tight credit. Analysts warn profits and capex may suffer as the Fed squeezes loan funds, with First National City Bank raising its prime rate to 7 percent and banks following. Northwestern Bell’s $75 million bond issue saw rush demand fade after the rate move.

Thomas E. Mullaney N.Y. Times New York Wall Street Middle East Henry Cabot Lodge United States Paris First National City Bank Argus Research Corporation Federal Reserve Fed Argus New York City U.S Northwestern Bell Telephone Bell System City Bank

Interest Hike Hits U S Buyer In Economic Slowdown

The New York Times report details rising interest rates and tighter credit from the Federal Reserve, sparking higher costs for cars, homes, and loans. It notes a possible reverse in growth, potential unemployment, and links the trend to the Vietnam war and policy shifts in 1965 66. It cites bond sales by Cleveland Electric Illuminating and Duquesne Light, copper price hikes by major producers, and a delayed Peru Indiana school bond issue.

New York Times News Service New York President Johnson Federal Reserve System Wall Street Federal Reserve Peru Ind Cleveland Electric Illuminating Co Duquesne Light Kennecott Phelps Dodge Anaconda Inspiration Consolidated

Stocks Quotation Listings Continued from Page Six B

The page shows a long list of stock quotes for numerous companies including Texco TexO&G Uniroyal Unisys and others with bid and fraction values. It also includes various price points and percentages for many firms such as Zenith, Wrigley, Xerox and Westinghouse among dozens more.

New York Times Weekly Index of Business Activity Dips

The Times index fell to 332 last week from 333.6 with a year ago reading of 315.6. A table lists the index and its components adjusted for long term seasonal trends. Iran.4 Dec.28 Jan.6

New York Times News Service NEW York New York Times Weekly

Two Unions Win Pay Hike Across Western Pennsylvania

The Contractors Association of Western Pennsylvania signed three year contracts with Carpenters Local 2274 and Laborers District Council, covering 33 counties. Carpenters gain 1.80 per hour on 5.48, affecting about 1,100 workers. Laborers gain 1.40 per hour on 4.10, affecting about 15,000 workers.

Pittsburgh UPI Contractors Association of Western Pennsylvania Carpenters Local Laborers District Council For Western Pennsylvania Pennsylvania

Solar Mining Co Sues UMWA for 1 Million Over 1967 Strike

Solar Mining Co of Somerset files federal suit against United Mine Workers of America for 1 million dollars in damages claiming the union blocked mine entrances during a 1967 strike that spread across six states, idling 80 000 miners, with 300 000 for property and 700 000 for punitive damages. The company says the union was found to have unfair labor practices by the NLRB and coerced acceptance of terms of a national contract. The strike led to violence and mass picketing ended by Pennsylvania State Police amid many arrests.

Pittsburgh — Solar Mining Co Somerset Somerset County United Mine Workers of America the Solar Company Solar National Labor Relations Board UMWA Pennsylvania Raymond P. Shafer

Rockwell Uniontown Plant Doubles Capacity and Growth

Rockwell Manufacturing in Uniontown expands to 187,500 square feet with a new foundry and plastics transfers. By 1966 the plant employed 508, supported by strong community ties and a 35 cent dividend in 1968. Willard F. Rockwell heads the company with a broad product line across 31 facilities.

Monongalia County Greater W. F. Rockwell Jr Rockwell East McKeesport Elkton Uniontown

Cut Your Own Taxes Book Offer By Tax Experts

The city newspaper announces a new book Cut Your Own Taxes written by tax experts and IRS checked. It costs $1 and buyers can access a personalized confidential computer audit service to review income tax returns. Order your copy today.

Internal Revenue Service

Also Mentioned on This Page

Mountain State Busness-Labsighance George A. Crage By H. Erich Heinemann Texco Tishma TobinPack Tole TraneCo Transam G Trans Inpf 20thCnFox Uarco Inc UGI Cp UMC Ind VantyFair Uslife Utah Vaeppt VSI Corp Warnac Bo Warnrs Wiete Varian Asso VendoCo VictorCc Villager Walgreen WallMar Wall Pf WalTier Walworth Cc Ward Fds Warncpf WarnCo Warkin Washw Watkins Jsn Wayng Waynpf Weanl Weanpf WebbDel Cp WeisMkt Wesco Fin WsAirLine WsBanc West Md WstPac Wunion WestUnpf WsUnpf Weste Walker Whittakr WickesCp Wieboldt Williams Br Wiseip Witcopf Wolvww Womtco WoodsCp Woolworth World Airw Wrigley Xtra Incor Younsy YosStiDr Zapata Nor Zayre Corp Zenith Zurnind Times Index Iran Solar Mine Firm Rockwell’s Sterling Faucet Co Courtney C. Shenkle Sam W. Brown Don N. Stitt Willard F. Rockwell Willard F. Rockwell Jr Clark Daugherty Frank P. Maxwell Morgantown Adams ST Fairmont, W. VA
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