European Stars and Stripes (Newspaper) - July 13, 1963, Darmstadt, Hesse Saturday july 13, 1963 the stars and stripes Peg 23 re swindle Cost Public $5 million father son guilty in Stock Case new Yolk the mfr son broke Range to am it Jerry and Gerard he was converted of Stock fraud conspiracy in what the government As the Mast extensive Wall Street dlr blog since the Scanni re Rifkien Days of dip192trs. Tho Pulilli lol a million in the swindle the government mid. Investigation of the ens resulted in reorganization of the. American Slock Exchange second largest inthe country. The res were convicted of a Nepul Atlon and High pressure iof 600,000 unregistered shares of Swan Finch Oil corp. Common lock from 1054 to 1957. Defense attorneys said they would Appeal the verdict. Aim named hut not tried in the Cne Wii Flomin ring Lowell m. By Rel who fled to by in in 1ww t Tivoli to k frn Iid re birr a involving some s13 Tel with the urn Chyrle a. Grande. Fib. N a in redhorse to claim but Kin. 4fi, for Mer Hend of n now Tofu not broker nge firm and inc no Yuffee 5fi, n former Stock he the Fiher t-7, and i 4o year of Unn were expelled from the Arn Erlynn Stork Kex Shimae in if Tel Notor in innit by Tho Serure Torii and . The reorganization government charged hat the res both brokerage in Wanh a. Con trolled the Price of Semi Al nah Stock Tor Darrell s . Ally. Robert m. Morgen Lui. A i d Biti i Mita Dindio of Swan Al nah. N Lont Esth Nln a do trl Butner of Nin and Urenson. In 10r 4, when it and i tint ii of to the Lork sap Industrial were Down 0.13 a Market declined fur he third consecutive session Friday. Trading was relatively Market wan allx holy higher at the Start and Rem led Htit Way uni my afternoon when profit taking sent most stocks were above their lows for the Day going into the final half hour of trading. Further weak Nenn in the final minutes left must storks h round their lows for the Day with Mast losses hinging from from Lions to around one Point a Fth re. Standard and poor s 500-Stock Index declined 0.12 at 69.64. The top adviser expects 63 payments deficit to reach $3 billion Paizis Wirpi the United stale will a vhf a Defit it of More limn billion in its International run. It was m rather narrow Market with Only 1.273 mum appearing on the tape. Of i hew 001 a a lined .106 advanced and 387 closed unchanged. The volume fell to Nhare from 4.100.000 Hare traded thursday. New York Tum the Ron Geof Dow Jones Stock a verges Friday opt Cim comm i7.� 9m i i him Mil in u no a m . Stock Exchange prices on Tim 4iih 11 my it pm Iii Omi ii a. Is ii1/, a. M ill l Usu i to pc to in. 14 Tsail Rena 114 ii Aak 4liaus Smyj 41% wet a h i 71 my u � 4 4 i Lindl. Pm Penni a Vialls ii u Smith Fnu Kurt. Mutual funds prices by United fret. International l a lit Assid bid j.44 1.71 ill in. It. A . In1.11 4.m u. 1.71 Imi 11.14 Imi 17.11 17 m Iii 11.21 11.11ml 11.11 Imi 1.77 i us in Ald there appears to be no truth in reports that Frenn to deliberately converting Dollar hold Ngn into Gold in an Effort to in Lent Ify the american Gold Bald that France like most other countries merely Erlei to keep a certain balance Between Ita Gold and Dollar Exchange told the Recd meeting that the . Economy continue to expand though not an fast As the Kennedy administration would said original estimates were that in 1963 the United states Groin National product the sum to Tal of Good and services produced in the country would total 1878 billion rut that it now appear Likely to reach m3 billion. He Bald it should reach $915 billion in order to push unemployment Down to per cent of the working Force compared with the present 9.7 per Recd session had before it a confidential report drawn up by Haa Given Jodo each to Billy i member coun Riei expressing con go to Thoie for whom it i intended. Graham and hungarian Relief and Cern about Tho volume of the Amer Bero 55. Is a Bachelor and la cur-1 Molo thu salvation army. I lean balance of payment deficit. 3 Pittsburgh boys lost in mine Pittsburgh a three teen age Dooyi have been reported missing inside an abandoned coalmine on the outskirts of Pitta , firemen and mine Rescue exp Coli launched an intensive March for the Youlei identified ill Billy Berk 13 Danny o Kan 13. And Robert Abbott 14.rescuers said the mine in sub Urban Castlo Shannon had deadly Gas in some boys left Home about 0 an. And were reported missing when they failed to return for supper. Police Bald the scorch turned to the mine when a fourth boy told la Mother he had entered the mine with the other but became fright ened and belonging to the miss ing youth were found about x feet from the mine
