Paramount Pictures Merges, Leaves New York Stock Exchange
Paramount Pictures ceases to exist as a corporate entity after 50 years as it withdraws from NYSE trading. Shareholders approved a merger with Gulf and Western Industries, joining a trend toward large parent companies to stabilize the industry.
MENTIONED IN THIS ARTICLE
Hollywood
Paramount Pictures
Paramount
New York Stock Exchange
American Broadcasting Co
Paramount Theaters
Interna
Tional Telephone and Telegraph
United Artists
Consolidated Foods
Transamerican Corp
California
Herbert J. Siegel
Ernest H. Martin
Adolph Zukor
Famous Players
Jesse Lasky Company
Zukor
Mary Pickford
ABC
Cecil B. DeMille
Gulf and Western
Timely Quotes on Neutrality and Peace Aims
In a pair of contrasting statements, Pete Sarasin of Thailand urges strength to guard neutrality, while critics note a simultaneous US UN peace offer and a large war matériel buildup, raising questions about true aims. The remarks are attributed to Thruston Morton of Rhode Island.
MENTIONED IN THIS ARTICLE
Thailand
Pete Sarasin
United Nations
Viet Nam
Caer Thruston Morton, Ry
Business Pressure to Cover Mental Health Becomes Cost Issue
AP reports rising business concern over mental health costs as court rulings make emotional illness increasingly compensable. The piece notes billions in alcoholism costs, rising workers compensation premiums, and limited use of in-house psychiatry in mid-sized plants.
MENTIONED IN THIS ARTICLE
AP Business News
New York
Red Sea Name Tied to Tiny Red Organisms
Biologists link the Red Sea name to tiny red pigmented organisms in its waters. These organisms proliferate seasonally causing a red tide phenomenon.
MENTIONED IN THIS ARTICLE
Most
Red Sea
Lapland Not a Separate Country Says Reader
The region known as Lapland is not a nation but part of Finland Sweden and the Soviet Union according to a regional observer. The text notes the land belongs to those three states and rejects independence.
MENTIONED IN THIS ARTICLE
Lapland
Finland
Sweden
Soviet Union
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