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Tucson Daily Citizen in Tucson, Arizona

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Tucson Daily Citizen

Location

Tucson, Arizona, United States of America

Date

Jun 01, 1965

Page

12

Stock List Takes Sharp Downswing

New York stock market closed sharply lower in moderate trading with major issues dropping. IBM fell about 8, Du Pont around 6, and General Motors Ford Polaroid and Eastman Kodak down. AT&T held near unchanged while Xerox and Johnson & Johnson rose about 4. Trading volume about 4.9 million shares.

New York IBM du Pont Chrysler Renecost General Motors Ford Polaroid Control Data Allied Chemical Eastman Kodak United Airlines Eastern Air Lines U.S American Telephone William McCheskey Martin Federal Reserve Board At&t Spiegel Beneficial Finance Xerox Johnson & Johnson Great Northern Paper Marathon Oil and St. Louis-San Francisco Railway American Stock Exchange Ford of Canada

Mississippi River Fuel Corp Name Change Approved

Stockholders approve a corporate rename from Mississippi River Fuel Corp to Mississippi River Corp. The change reflects strategic branding for the organization. The vote outcome was finalized without report of opposition or related governance actions.

ST. Louis Mississippi River Fuel Corp Mississippi River Corp

Roche Elected GM President in New York

General Motors directors elected James M. Roche 58 as president and chief operating officer, succeeding John F. Gordon who retires under GM’s mandatory retirement program. Since September 1962 Roche has served as executive vice president and a director of General Motors.

New York General Motors Corp James M. Roche Roche John F. Gordon General Motors

Treasury Position Report Shows Fiscal Year Totals

Washington reports Treasury balance figures by date with asset totals and gold holdings. The document lists debt totals and confirms debt falls within statutory limits while detailing securities values and various asset categories in the fiscal year figures.

Washington The Treasury Tetafone OK

Abel Sworn In As Head Of USW

J. W. Abel was sworn in as president of the United Steelworkers of America, succeeding 12-year chief David J. McDonald after defeating him in the February 9 election. The ceremony in Pittsburgh drew labor movement leaders including AFL-CIO president George Meany, as Abel outlined plans for a new era. The slate includes Walter Burke as secretary treasurer and Joseph Molony as vice president, with 29 district directors, 11 of them new.

Pittsburgh Abel United Steelworkers of America Today David J. McDonald George Meany Afl-Cio Walter Burke Milwaukee Joseph Molony Buffalo N.Y

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