European Stars And Stripes (Newspaper) - June 20, 1963, Darmstadt, Hesse Lundoy june 20, 1963 the stars and strikes d Page 23 fan would expose Over counter dealings Sec seeks Washington up these url Les and Exchange commission Sec has asked Congress to sex Osc the work i nun of the $39 billion ver the counter securities Market prevent invest Mont frauds. Sec chairman William l. Gary paned the government s drive in on Reis for legislation that would lamp tighter controls on the Sale 1 securities not listed on major Changet. The Public should not be asked buy and sell in Gary old a Senate banking sub commit a m the first congressional hear no since the Sec completed Awo year study of Reform measures Gary said the study Demon rates that irresponsible Selling rails Uthi slight new York api Burket posted another Ved Leaday in Moder Reding tacks were a Little he Start following tues id Vance. They remain e same Range throw Melon to the closing a most Galna ranged fro � around one Point a Standard and poor s Index Rose by a modest lie s and p 43r Indus in m to 73.60.the Dow Jonea 30 roae m to 719.84.most of the rails it rival equipments Stellite advanced most of Litie. Mai the Stock slight gain Ely Active higher a Day Small i in about Ghoul the fractions ihare.500 Stock of to 70.09.trials were industrials Latles. Elects and air the Lobac \ tighter c tactics reckless investment advice extravagant financial Public relations and erratic markets for new issues of securities thrive Best where Lack of information to he said this was shown conclusively because the overwhelm ing preponderance of securities fraud cases in recent years have involved Over the counter Gary flanked by fellow members of the Sec. Said disclosure of the facts wan the major government tool for Federal regulation of securities available to investors adequate financial and other in formation about securities is the s and ret cos and pct major group volume reshapes from tuesday. New Yoland poor s 5 Day 4� a Trulia Lull no h thu tip was Leto new Orange of do wednesday m Adhit lilt it it Imam u Tau Vance gains oleum declined. Othera finished mixed. Be slightly to 3,970.0003,910.000 shares traded x Stock Index Widnes a mtg chant Jot a �. 4. It 4. In up the closing Jones Stock averages Tim s.mi79.lt 171. N f�7 14c.tr th.7t it ill i . Stock Exchange pric a Wal �.�. Pm or hmm Tut us hew us h hid int in Saioni m pm la m ii a my is it. In no Invar in in Tat. Pc a Matwi of i7h Kao am a Mut i wimm no. A a sin ntt5su. S3 Sisr 5 Siml r a is a Sra r is my Rishi or met my in Tom. Ii i a a hmm Imam is Lent Seton m a Price Tram Merrill. . Cut an in hot a Rufi n it ensue no m to Jih my. 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Is is user is As is in no syst As is As flu i Tam trial 4m itt 4il my is s Bee in a i mrs Farr for �3 .1 l big Ilija. _ m j m International it is i a 17id Anco 110 melt it m a pm pm list 1144 pm i ii Myrtu met Jill ll.�4 Kwh Suff jm7 is in in str Mumm .12 .5-5 ,1-2 ifs fms a Milt to i it i an u Mai str inh 1 is is.21 i4.s1tun la Toki Juji me i mis a autism. Jimmh us Himl k ksjfvt1 is i a muffs " urim f"1 �2 Jujj Ujj fms 1.1 ii Silt l controls Best Means of enabling them tomake intelligent investment Deci Sions and of protecting the against securities he said. Nor can professionals. Advise them properly in the absence of reliable the chairman of the Stock mar tet watchdog Agency said further legislation May be requested later probably next year in addition to the present Reform package. Extend controls under the present proposal these would extend its Stock Exchange controls to include Securi ties on the expanding Over the counter Market which recorded sales of about $39 billion in 1961. This would require full disclosure of financial information relating to the operations of every Stock Felting company with asset of $1 million or More. The Bill also would impose More rigid standards for brokers Selling such securities. Gary estimated that 3,900 companies would be brought under stricter regulation similar to that now applying to securities listed on the new York Stock Exchange and other exchanges. Guiana Premier yields to strike shelves labor Bill Georgetown. British Guiana up leftist Premier Chendt Jagan has yielded to the economic lows of a crippling 62-Day old Gen eral strike and shelved hta controversial labor Bill. The measure would have Given ilm control Over the powerful Trade Union Council in this Brit ish Colony. Jagan took to the most crushing blow of his turbulent political Ca reer by signing papers terminating the current session of the legislature. The action in effect set aside the measures which have aroused the anger of local Union officials. Crippled Economy the general strike has a Ripple the Colony s Economy and create shortages. There have been repeated outbreaks of violence. But there was no immediate Sig that the legislature s adjournment would More than temporarily ease the tensions Between the negroes who control the unions and the indians who usually win the elections. Ungan indicated he will Rusu Bylthe Bill or a modified form of it at the september session of the legislative Assembly. . Artist sets exhibit Frankfurt Sas Carol r. Fisher an american artist fro los Angeles will exhibit 25 paint Ings of German scenes in Oil pastels and collage in the gallery am Dom Here starting tuesday thru july 20. This is her first euro Pean exhibit mexican Star after told he los Angeles up ii mexican Star Pedro Armendartz faced with the knowledge he had Only a Yea to live because of advanced cancer shot and killed himself at Theocla medical Center police re , is. Star of such films As the fugitive and St Prancl of shot himself in the Chest with a 397 Colt magnum from his personal gun collection officer said. Soviets ret on Denian coexistent Moscow a soviet prop in dts chief Leonid Ilyichev has rejected communist chinese de Nondra that the Kremlin forsake s peaceful coexistence struggle for peace is the most important requisite in the Kennedy will review troops in Berlin Berlin Sas president Ken Nedy will review troops of the Berlin Brig see and will make Brief remarks to the . Soldiers and members of the american Community Here june 96. Plans for the president to re View the troops just before his de parture from Berlin were disclose with release of an official schedule or his visit to West Berlin. The schedule announced Limul a Neoushy by the u.8. Mission of Berlin and the West Berlin Parlia ment Calls for the president to arrive at 9 45 an and to make several speeches while touring West Berlin during a 7t hour stay. Will Greet Warker president Kennedy will Greet the National Congress of the Union of construction workers at the Congress Hall. Berlin residents atthe City Kail students and faculty at fret University and americana near of. Headquarters on Clay will participate in both arrival and departure ceremonies at Tegel Airport in the French Sec Tor and will visit the communist Wall which divides Berlin at bran Denburg Gate and checkpoint Charlie. He will drive past the sir left memory isl at Tempelhof air port in the american sector. During his slay at the City Hall he will sign the Golden Book a registry of distinguished visitors and will be the guest of Honor at a luncheon banquet . Radios Down mylar balloon Chico. Calif. Up a Hig Altitude balloon launched from the air Force s Cambridge Laboratory near Chaco 28 Days ago. Waa brought Down by radio co manias it approached the Russlyn coast Tine North of Japan it was reported them foot diameter balloon de signed to determine whether the new plastic mylar waa feasible for future launch hangs. Passed its test successfully according to official sat the Cambridge Laboratory. The flight originally schedule for 30 Days was ordered Down be cause the balloon was Drifting out of radio Contact kills himself had cancer his wife. Carmen said he Hadnot appeared depressed although a was in considerable pain. She left him to go for lunch and was out of the room Only about 45minutes, police said. When she re turned at 12 30 . He was dead. A medical Center spokesman Saj that the Hospital did not know Armendartz had a gun police assumed that the actor curried it with him in Luggage upon enter ing. Of f peking d to drop b strategy struggle for ill Rev old a meeting of top soviet communist a Sharp rebuke to the Belli cose chinese who insist on Fol owing the path of violent revolt Ion and War. If need be. To soul so in Ilyichev said problems of the revolutionary movement of the working Elsas and of the National liberation movement cannot be considered separately from the struggle for peace and for the prevention of a world thermonuclear chinese in a letter handed to the russians last saturday also demanded that soviet Premier no Alta s. Khrushchev s de stall its Uon program come under review at soviet chinese talks slated to open Here july 8. Delchev clearly rejected this de Mand too. The exposure of i personality cull and the struggle against its consequence were crowned with an outstanding moral and political Victory of the party. He said. Marks at nude his remark at a plenary meeting of the soviet3 Mun isl party. Meanwhile. Khrushchev Cool told Hie communist Chines critics he has thrown their latest attack on him into the waa Basket both communist and Western observers viewed Khrushchev announcement that the vitriolic Chi we letter of june 16 would not be published by his newspaper is deliberate affront. 3o let Bloo expert said the move waa unprecedented in the communist movements history and could be compared Only with the initial stage of the soviet yugoslav split in an unmistakably haughty one. Khrushchev told peking s leaders that publication of their30.000-word broadside would Only aggravate the ideological argument that has poisoned relation Between the two parties Khrushchev reproached the Chi nes for indulging in arbitrary interpretation and distortion of the Issue dividing them. He also denounced their Unwar ranted attacks on the soviet communist party and other All this gives Rise to deep regret he observed. The russian statement waa interpreted Here a an oven invitation to cancel the july 5 soviet chinese confrontation. Rusk to join Kennedy on tour Berlin up Secretary of stale Dean Rusk will accompany president Kennedy on i trip to Germany next sunday. An Ameri can spokesman announced. Rusk will arrive in Bonn wit the president tour West Germany with him and then Fly with him lowest Berlin Tor a seven hour visit june 18, the spokesman said. Gen Lucius d. Clay. Berlin Block Ade hero and or. Kennedy s Ber Lin adviser Alto will be with Supenis Wiiki Jet hearing Washington api rap. Ore Harris. Dark. Chairman of the House Commerce committee said his committee will Start hearing thursday on president Kennedy request for development of a super sonic let passenger plan with government und
