UAW Presents New Contract Demands to Ford After GM Meeting
The United Auto Workers bring its 43 page bargaining goals to Ford after a positive GM reception. The union seeks voluntary overtime limits dental and retirement benefits and price protections while wage demands remain unspecified. Executives warn cost pressures and a potential September contract expiry raise strike risk.
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Detroit
United Auto Workers
Ford Motor Co
General Motors
Ford
Chrysler
Rogers Reassures Japan On Military Strength
Secretary of State William P. Rogers said the United States will maintain military strength in the Pacific with no immediate troop withdrawals from Taiwan or South Korea. Japan would be consulted before any cuts, while 40,000 U.S. soldiers remain in Korea until its armed forces are modernized.
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William P. Rogers
United States
Pacific
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U. S
Dollar Slips Further as Europe Evening Trading Slows
The U S dollar fell against European currencies with losses in Paris Frankfurt and Zurich while the British pound edged up in London and gold prices rose. Otmar Emminger suggested governments may liquidate gold reserves soon, signaling a shift away from the Washington Agreement of 1968. In Norfolk a Kansas farm boy was named to Virginia's State Milk Commission, Dr John W Holsinger age 39 of Norfolk, joining chairman R Lindsay Gordon III and other holdovers.
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Waynesboro
David P. Willkinson
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Charlesh. Coleman
Richmond
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Del
Albert Teich Jr
Norfolk
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Dick Lineburg
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Firestone
Valley Ave
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