Zeckendorf Faces Bankruptcy Fallout and Auction
The slow decline of big real estate mogul Zeckendorf continues as Webb & Knapp faces bankruptcy under trustee Mortimer Caplin. Caplin says recovery prospects are dim while Zeckendorf auctions New York parcels to raise cash and defend his empire amid creditor pressure.
MENTIONED IN THIS ARTICLE
New York
Big Bill
Zeckendorf
United Nations
Los Angeles
Denver
Philadelphia
St. Louis
Chicago
Webb & Knapp Inc
Webb & Knapp
Mortimer M. Caplin
Internal Revenue
Caplin
Zeckenderf
Wall Street Issues and Dow 900 Zone Prospects
Bache and Co. foresees market hesitancy amid conflicting signals with a possible near term push toward the Dow 900 zone. Walter Mintz of Shearson Hammill predicts limited fluctuations, peaking near the upper range. Kenneth Ward of Hayden Stone warns glamour-driven buying could test the 909.63 high, with a decisive break signaling a new high for 1967.
MENTIONED IN THIS ARTICLE
New York
UPI
Bache & Co
Walter Mintz
Shearson, Hammill & Co
Kenneth Ward
Hayden, Stone
Dow
Midday stock roundup from New York markets
Capsule midday stocks show Am Tel and Tel at 595s Borg Warn at 42 percent Don Soya at 24 Chrysler at 42 percent Con Edison at 3342 Dana Cp at 43 percent Donnelley unavailable Essex Wire at 49 Ford Mot at 514 Gen Elec at 874 Gen Mot ors at 7914 G Tel and El at 49 Int Bus Mch at 499 Kroger at 225 Miles Lab at 38 percent Minn M&M at 8612 Nor Ind PS at 30 percent PaRA at 6644 Pullman at 5442 RCA at 524 Sears Rock at 545 Std Oil Ind at 56 percent Std Oil NJ at 63 percent4 US Steel at 4412 Xerox Cp at 3104 Dow Jones averages Industrials up 0.92 Rails off 0.26 Utilities unchanged Stocks up 0.7.
MENTIONED IN THIS ARTICLE
NEW York
Am Tel & Tel
Borg Warn
Don Soya
Chrysler
Con Edis
Dana Cp
Donnelley
Essex Wire
Ford Mot
Gen Elec
Gen Motors
G Tel & el
Int Bus Mch
Kroger
Miles Lab
Minn M&m
Nor Ind PS
Para
Rcepts
Dow-Jones
R Ruehus
Jones
Genatr
Indus
Elec
PubUt
Gen Tire
Goodyr
Alf Mo
Sperry Rod
Gul&Ws
Hess Oil
Glen Alden
Stone&w
Hewitt
Atlas Corp
Hilton Hofl
Am Motors Cree
Btuy
Servonmaton
HousLtPw
Woolworth
Cycledyne
SC M Corpskeee
Benguet
Xetr
Texaco
Idaho
United Press International
Imperial Cp
Ing Rand
JBL
Packers
New York Stock Exchange
T&t
ITE Cirect
Istek Corp
Uniroyl
U Airer
Jostens
lJoy
Java
UnCorp
AbexCo
Kaiser al
US Indus
AirRede Iz
Ussml
US Steel
Va Kennecott
AlliedSt
Kidde&Co
Sa Allis Chal I
Upjohn
Alcoa
Kimbel
Utah PL
Amerada
KLM Air
Am Airlines
Kopper
Abrest
Kresger
Am Can
Vanad
Wye UA AmCyan
Varian Asso
Victor Co
LearSieg
Warn Lam
Amer_ Photo
Union
West AB
Ampex
Armour
MacyCo
Magma
Magnox
AtRich
Marshallf
Ithe American Stock Exchange
Ali Wata
Martin Ma
AveoCp
al Aata
Massey F
Aerojet Wa
C. E
Avnet
McCror
Anelex Corp
McGre
Arklag
Bab&w
McGrawh
On&g
Balge
McKess
Belltcn
Bangor P
McLean
BrazLtPw
Bath Ind
Mead C
Aaa
BritPet
Bell&Hil
Beth St
MontDir
Masato
Felmont Oil
Firth St
Boeing
FlyTiger
Boise Cas
Mont Ward
Ford Can
Borden
Morrelli Co
FrontAirl
Motorola
Borger
Mt Fuel
Greer H
IBM
al MtStTel
Brunswk
Meadows AB
Nat Airl
Mohnk 2Hak
Vis
Budd Co
Weay
NatBiscuit
Molybda Cp
Bulova
Burlind
N Dairy
New Parkm
Burroughs
Nycnt
Roy
Statham Ins
Ais Ama
Ja CardTel
Norf&Ws
Syntex AD
Bolin
Noama
Technico
Utahla
CaterTr
la Zale Corp
NwstAirl
Lla
Cessna
OgdenCp
Uwik
Okla G&e F
Ohio
Cleveel
CocaCol
Colgate Co
Collins
PacGas
PacktCo Lz
Pennpl
Pfizer A
PepsiCo
PhilaEl
Ralston
Ubl
Rayette HN
Np Deere
Rayar
Raython
Bae
Ska
le Dresser Iy
Wa Duke P
DuPont
Rockwls
Apt
EastAir
Royal D
el Paso
EltraCp
Johnsn
Eric Lackw
EssexWire
Swinley
Ex-Cell
Scherng
WA Schlum
Scott Papr
Fairch
Searsr Co
VaiFairHir
Sheraton
A Klintkotec
Sq'Sinclair
Tan Tan
Fdfairs
SouthCo
Head Start Funds Approved for 90 Pre-K Students
The Office of Economic Opportunity approved a $72,943 Head Start grant for 90 pre kindergartners in Jasonville Greene County. The program is run by Daviess Greene and Martin Community Action Inc under Warren Loughmiller as executive director.
MENTIONED IN THIS ARTICLE
Bloomfield, Ind
Daviess, Greene and Martin Community Action, Inc
Office of Economic Opportunity
Jasonville
Greene County
Warren Loughmiller
Local Markets Grain and Hog Prices Reported
Grain prices listed include Wheat 1.38, Yellow ear corn 1.27, Yellow shell corn 1.29, Rye 1.10, Yellow soybeans 2.77, Milo 2.10 per hundred. Hog prices show 200-220 lbs 22 to 19 22.25. sows 17.50 and down.
Chicago Livestock Market Report Highlights Hogs and Cattle Price Ranges
Market summaries from Chicago Indianapolis East St Louis and Evansville show hogs steady to active with varied weight classes and price ranges from about 16.50 to 23.75 per hundredweight. Cattle and calves moved with higher primes and mixed demand. sheep and lambs also reported, plus regional stockyard estimates for Thursday. Chicago produce and grain futures reflect rains dampening crops with soybeans wheat corn and oats futures mixed on pressure from moisture. Eggs in New York show ample offerings and light demand with price spreads for whites and yolks.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
USDA
Indianapolis
East ST. Louis
Chicago Grain Chicago
Board of Trade
Iowa
Minnesota
South Dakota
Nebraska
Kansas
Treasury balance figures show June 16 fiscal totals
UPI reports Treasury accounts through June 16 with withdrawals 160.701 trillion dollars and deposits 150.203 trillion. Cash balance stands at 3.536 billion, public debt about 330.305 billion, and gold reserve near 13.108 billion.
MENTIONED IN THIS ARTICLE
Treasury Balance
Washington
UPI
Treasury
Olivier Has Cancer in Britain Actor to Miss Performances
Actress Joan Plowright announced Sir Laurence Olivier, aged 60, has cancer and will be absent from the National Theatre for three weeks, missing seven performances. Doctors say he is undergoing deep ray therapy for a slight prostate cancer with about an 85 percent chance of recovery.
MENTIONED IN THIS ARTICLE
London
Joan Plowright
Sir Laurence Olivier
Britain
National Theater
Olivier
Two Black Women Elected to Jacksonville City Council
In Jacksonville Florida two Black women, Sallye B. Mathis and Mary B. Singleton, won seats on the city council in a Democratic sweep. Mathis led with 19,416 votes to 14,528 for C Ted Forsythe Jr, while Singleton ran unopposed. The vote left only one incumbent, Lavern Reynolds, in office amid a post indictment shakeup and prior grand jury charges against eight city officials.
MENTIONED IN THIS ARTICLE
Jacksonville, Fla
Jacksonville
Florida
Sallye B. Mathis
Mary B. Singleton
Mathis
C. Ted Forsythe Jr
Lavern Reynolds
Reynolds
Sullivan Conservation Club to discuss new clubhouse
Sullivan Indiana special report members of the Sullivan Conservation Club will meet in a called session on Wednesday June 21 at 7 30 p m in the Courthouse Auditorium to discuss a proposed new clubhouse to be located west of Sullivan. The former clubhouse east of the city was sold to the County Park and Recreation Board for use in the Lake Sullivan county park.
MENTIONED IN THIS ARTICLE
Sullivan, Ind
Sullivan Conservation Club
Sullivan
County Park and Recreation Board
Lake Sulliavan
Local citations list multiple traffic and public intoxication fines
A reader records numerous citations: Walter Pygman 27 of 3610 College fined 32 for speeding. Robert Stalder 37 of 1234 Chestnut fined 25 for public intoxication. Albert Gurchick 25 of 1145 Lafayette fined 30 for public intoxication. James Bump 50 of 1122 W 6th Mt Carmel Ill fined 45 for public intoxication. John Fisher 46 of 1202 W 6th Mt Carmel Ill fined for public intoxication. Kimberly Moody 16 of 1124 S 8th fined 3.25 for no operator license. Betty Hansam 34 of 3129 N 23rd fined 13.25 for running red light. George Reele y 17 of 2255 5th Ave fined 98.75 for drunken driving and public intoxication. Larry Harden 18 of 225 Paris Ave fined 32.25 for reckless driving.
MENTIONED IN THIS ARTICLE
James Bump
6Th St
Mt. Carmel
Ill
John Fisher
George Reeley
5Th Ave
Larry Harden
Paris Ave
Chain Reaction Crash Near Illinois Indiana Line Injures Two
A four-vehicle chain reaction crash on rain slick U S 40 near the Illinois Indiana line injured two. Judy Rhoads 27 of Marshall was rushed to Union Hospital and admitted. Gladys Dammerson of Effingham County treated for knee and shoulder injuries.
MENTIONED IN THIS ARTICLE
Marshall, Ill
Marshall
U. S. 40
Illinois-Indiana State Line
Union Hospital
Judy Rhoads
Gladys Dammerman
Effingham
Marrs
Clark County
Lester Litteral
Eight Downtown Businesses Suffer Window Breaks in Vandalism
Rock throwing vandals struck on Wabash Ave Tuesday night breaking windows at eight business establishments including Christman Co Root's Department Store Aldens Odd Fellows Building American Tile and Sales McCracken Typeswriter National Life and Accident Co and the South Side Tavern. In a separate report Mattox Marathon Service Station on North 25th Street reported a break in with loss of unknown amount of change.
MENTIONED IN THIS ARTICLE
Wabash Ave
Christman Co
Wabash
Root’s Department Store
Aldens
Odd Fellows Building
S. 8Th St
American Tile and Sales
McCracken Typeswriter
Ohio St
National
Life and Accident Co
Walnut St
South Side Tavern
S. 7Th St
Ex officer guilty of blackmail in Chicago case
Former Chicago police officer John J. Pyne was sentenced to five years in prison and fined $5,000 after being convicted of leading a homosexual blackmail ring targeting conventioneers. Associate Robert Schwartz and Edmond Pacewicz received prison terms as well, Pacewicz already serving four years in Oregon.
MENTIONED IN THIS ARTICLE
Chicago
John J. Pyne
Robert Schwartz
Bellmawr
N.J
Edmond Pacewicz
Portland
Ore
Pyne
Hubert L. Will
Schwartz
U.S
Thomas Johnston Purdue information chief dies at 74
Thomas Johnston a 45 year Purdue University employee died Tuesday in a nursing home in Lafayette Ind He took over the Purdue information office in 1921 and led agricultural information programs retiring in 1963 Funeral services will be Thursday at First Methodist Church and burial will follow at Grand View Cemetery
MENTIONED IN THIS ARTICLE
Lafayette
Ind
Thomas Johnston
Purdue University
Johnston
Purdue Information Office
First Methodist Church
Grand View Cemetery
Nixon Tours Athens in Mediterranean Mission
Former Vice President Richard M. Nixon planned meetings with King Constantine and Premier Constantine Kollias in Athens before a flight to Israel on his second fact finding tour of Mediterranean countries this year.
MENTIONED IN THIS ARTICLE
Athens
Greece
UPI
Richard M. Nixon
Constantine
Constantine Kollias
Israel
Mediterranean
Shippers Carriers Meet at French Lick
The Central Area Shipper Motor Carrier Conference assembles June 27 to 29 at the French Lick Sheraton with Ed win C Niemeyer presiding. Speakers include Robert S Speicher of U S Steel and Tommy Mont. The event spans seminars, a golf tourney, banquets, and a special wives’ day.
MENTIONED IN THIS ARTICLE
French Lick - Sheraton Hotel
Central Area Shipper Motor-Carrier
Edwin C. Niemeyer
Lovelace Truck Service
Leland E. Davis
Perfect Circle
Dana Corporation
C. James McCormick
Indianapolis & Southern Express
Carman E. Brown
Automobile Manufacturers’ Ass’n
A. J. Maurer
Chicago Association of Commerce
Niemyer
Central Area Shipper- Motor Carrier Conference
Illinois
Mississippi River
Indiana
Ohio
Michigan
Wisconsin
Kentucky
Bloomfield Man Killed in Two-Car Crash Near Linton
A 20 year old Bloomfield man, Michael Vernon Back, was killed and three Linton area women were injured in a wet road two car collision on State Road 54 west of Linton. Back died instantly from a broken neck after being thrown from his vehicle. The women Shirley Mac Roads 20 Candy Roads 20 and Iva Borders 52 were rushed to Freeman Greene County Hospital with Iva Borders listed as most seriously injured. Anita Gene Borders 21 escaped injuries. The crash occurred about 7 am as Back lost control on slick pavement. he was en route to Carlisle for work with Midwest Homes Inc. The family recently moved from Mississippi. funeral arrangements were made at Jenkins Funeral Home in Bloomfield.
MENTIONED IN THIS ARTICLE
Linton
Ind
Bloomfield
Here
Michael Vernon Back
Freeman- Greene County
Shirley Mac
Candy Roads
Dugger
Iva Borders
Anita Gene Borders
Greene County
Dale Horn
Bloomfield High School
Carlisle
Midwest Homes, Inc
Jasonville
Back
Vietnam
Mississippi
Jenkins Funeral Home
Hartke aims to free gold reserves with new bill
Senator Vance Hartke of Indiana introduced legislation to repeal the requirement that gold reserves equal 25 percent of Fed notes in circulation. He said about 9.9 billion of the treasury gold supply could be used for international exchange, arguing the dollar’s soundness does not rely on gold backing.
MENTIONED IN THIS ARTICLE
Washington
Vance Hartke
D-Ind
Hartke
Treasury
Lilly Cuts Drug Prices After Raw Material Costs Rise
Eli Lilly & Co. announced price cuts of about 10 percent on quinine preparations 15 percent on quinidine and 16 percent on colchicine. The reductions reflect anticipated future material cost savings after last year’s increases. Quinine treats malaria quinidine addresses heartbeat irregularities and colchicine treats gout. The milk snake, a harmless barn and dairy resident, feeds on rodents.
MENTIONED IN THIS ARTICLE
Indianapolis
Eli Lilly & Co
Lilly
CAP Alert Weekend Drill Involves Civil Air Patrol
Civil Air Patrol units from Clipper Cadet Squadron join about 1500 participants in a state Civil Air Patrol Civil Defense exercise at Seymour Freeman Field. The simulated nuclear attack test includes radiation checks, decontamination, survey and transportation tasks, and vital communications from mobile and fixed stations. Local Civil Defense director Gilbert J. Leonard and Lt. Col. Cleon D. Lucas plan to attend.
MENTIONED IN THIS ARTICLE
Focal Civil Air Patrol
Clipper Cadet Squadron
State
Civil Air Patrol
Seymour Freeman Field
CPA
Civil Defense
Gilbert J. Leonard
Cleon D. Lucas
Rev and Mrs Ryan Transferred to Macedonia Illinois
The Rev. and Mrs. Kenneth P. Ryan, formerly of West Terre Haute and Tamms, Illinois, are transferred to Macedonia Corinth and Ewing churches in the Southern Illinois Methodist Conference for the coming year.
MENTIONED IN THIS ARTICLE
Kenneth P. Ryan
RR 4
West Terre Haute
Tamms
Ill
Macedonia
Ryan
Corinth
Ewing
Southern Illinois Methodist Conference
Reedy Divorce Grants Custody to Ellen Kay Reedy
Ellen Kay Reedy of 2430 Jefferson Street won custody of two children in Vigo Superior Court on Wednesday. David Franklin Reedy was ordered to pay $27.50 weekly support by Judge pro tem Robert H. Duffy.
MENTIONED IN THIS ARTICLE
Vigo Superior Court
Ellen Kay Reedy
Jefferson Sr
David Franklin Reedy
Robert H. Duffy
Also Mentioned on This Page
Business Mirror
John Cunniff
Wall St. Charter
Indianapolis. Livestock
Evansville Livestock
Evansville
Chicago Mercantile Exchange
N. Y. Exchange
UPID
American Exchange
Walter R. Pygman
Robert L. Stalder
Chestnut St
Albert Gurchick
Lafayette Ave
Kimberly Moody
Betty Hansam
23Rd St
Illinois Line
Tom Johnston
Purdue
NIXON
French Lick
Bill
Chas E. Blanford
MGR
Little Red Rocker
Main SN
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