European Stars and Stripes (Newspaper) - April 22, 1965, Darmstadt, Hesse The middy Apfl 22, 1965 Thi stars and stripes Page 33 Russ drop chaff in air corridor . Chair gym $2 billion Berlin up the Ruf Tusiani Hurllon n vital air to Marie too have endangered Allied aircraft in the Berlin air lanes by again dropping chaff designed to inter Fen with new soviet harassment of place monday and the Western allies protested that night the protest delivered at Ber Lin s four Power air safety Cen Ter denounced the act As a Poten Market closes lower in moderate turnover new York t a the Stock Market closed lower wednesday in moderately Active toss was deepest in Early afternoon and then was Shaveda the cession wore on. Texas Gulf Sulphur lost a Points in a continuation of Sud after the securities and Exchange commission Sec accused officers and directors of profiting from Advance information on a big Canadian Ore Dis covery. . Steel lost ground As Union and management in the steel Industry announced they had Bee unable to agree on a labor con tract. Is. Steel off 1 Point was a indicator of How the gloomy news from Pittsburgh affected steel issues. The Dow Jones average of so stocks declined to 110.71. Of 1.m7 issues traded 447 advanced and 70 declined. Then were 74 highs for the year and new lows. Standard and poor s Soo Slock Index closed 0.10 lower at . New York a Standar Dand poor s in Stock Index ohm omit . Stock Market prices wh.1 in air my sift Tom Luis Annm Tut am pm not am m fit Haid my 11ft am nou Iam Tat of it an a omm lit Kim blk Smi dug 7th i onem air my mkb4rur pm s8 % Ata myth Utton ill Jwuc airs climb cab my mom mum my a tit on my a nub do no com my am a not Ira bulb or a beam Sam by Tram pm sb58 imm 5kitt to bbb Nabb in. Imp thumb rim a tub a Bov 110u us frail Ihetu tub m us bib ran Wotan to blk site Al feb Isth Lal Hazard in Western military ind commercial flights. The chaff Metal strips that am radar floated across the lire 20-mlle-Wlde air corridors hat connect the inflated City with the West the new attempt to interfere with air traffic came on the Heel of soviet air harassment two weeks ago protesting the meet no Hen of the West German bundestag which the East called illegal. The reason for the new inter Terence was not known. Perhan they wish to reminds they suit an around a West Ern official the chaff was dropped monday the harassment was not la closed until wednesday. The allies tried to keep the matter secret and confirmed the Story Only after it leaked out. The action was denounced athe air safety Center Hen by he american British an French controllers in an Oral protest to the soviet controller. However officials said the russians Wen not saturating the corridors with the chaff an radar operators Wen Able to Dos a guts Between the chaff and air Craft the russians first began to drop quantities of chaff in Heberlin air lanes in 1mj apart of a Campaign to restrict West Ern use of the air corridors. Monday s protest ii the firs made by the Western allies on chaff since 1mj. But informed sources said Small quantities have been drop Ped from time to time. 58 prices from . Pierce Feaner it Small pc Frankfurt. Mutual funds prices of n u.4ji4.mon am Gui n us i of cad l1s Tommo Malth Obi 1� Umu Luio in us Omun out by a dome a com it ass in it Mas Salt Blu in. Tt.ms9.iian u it tic km531 sum Iii of a in Wei la rot1mio.h Jtj pm 1 Juji vol i Vii a Witt Tju n pm w 1.41 t. New York up Longstreet Linton de Nied anything improper in the killing he made forms Bank s customers on Texas Gulf Sulphur lock. Re defended it As Good business. The denial came tuesday Amida juror on Wall Street and the possibility of thousands of Law suits against the company by angry stockholders who Mayuse the government s accusation As a basis for charges they were cheated out of millions of Dol ors. The government charged Mon Day in a civil suit that 13 officials of Texas Gulf kept a to Bull Canadian Copper Zinc and Silver strike secret so they could buyer take of Pons on More than 19,000 shares of Stock and strike Rich themselves. The Stock More than tripled i Price when news of the Canadian Mineral discovery finally be Soldier killed in Quick draw Grafen Woehr a 10-year-old 24th inf Jav Soldier was killed tuesday by his buddy while playing a game of Quick draw in a guardhouse Hen. Pfc Petro so Bacnik 1. Of Coc and in 14th inf. Fired the fatal shot from a .45-Cai pistol into the Chest of the victim whose name is being notification of in. The deceased a member of Btry d. Ird in. Lith Art was pronounced dead an hour after the shooting. An army spokesman said sob Czuk using an m14 Rifle am his buddy thing the pistol a practice a number of Quick draws then exchanged weapon sit was after the Exchange tha the fatal shot was fired. Five negroes Are hit by pellets in London London a Shotgun pellets find from a car Peppett the legs of five negroes As the stood outside a restaurant in London s netting Hill Gate Semuon Long friction. A Center of Rac Lathree men have been arrested and charged with the shooting the negroes were to rated at Loco hospitals and released. Banker denies Stock killing9 improper is executive vice presi Dent of Morgan guaranty Trust company. His Opportunity Wonake a Stock Market killing Tor Bank s customers came Onuf Ormason supplied by Thomas 8. Lamont director of Texas Gulf who was vice chairman of the Bank at the time of the cop per strike last year. Telephone Call Lamont made a Telephone Callo Honlon on april 11 last year the Day of the formal spoke to Hinton shortly after rows conference in which the ment of the strike and four Days after the company had termed rumours of the Rich strike pre mature and possibly misleading Lamont said that As an officer of the Bank he called his office and if a new formal announcement was . Hinton asked whether it was Good and i said it was Lamont said. This was the extent of our conversation. I did not advise or. Honlon to buy Stock Hinton Saldi the idea that there was any thing improper about or. La ment s phone Call to me or about the Bank s Purchase of Texas Gulf Stock for clients after that Call is ridiculous. Texas Gulf had Given out statement to a group of reporters in a press conference that ended 10 minutes or More before or. Lament made the Call. Both be and assumed that the whole matter was by then Public government suit was filed monday shortly after the Newyork Stock Market closed with Texas Gulf Selling for 171. The suit caused the Price to skid to on the Pacific coast Stock Exchange. The Stock was off As much As three Points tuesday in heavy trading. The government suit seeks Mohave the defendants ordered to sell the Stock Back to the origin owners at the original sales Price. Some wan Street observers viewed this As a far reaching move to make company inside stable for the losses of third Lar Les who sell their Stockl Dongs without knowledge of company information. Besides Stephens and Lamont the complaint named As defend ants Harold b. Kline vice Presl Lent and general counsel Chsrles f. Fogarty executive vice president Richard d. Mol Uon vice president Richard , an Tolly chief. Darke. Fiel Engineer Walle geologist Kenneth Burke Jcj geologist David t. Crawford Secretary francis3. Coates a director Thomas p. O Neill an accountant John Murray office manager and Earl l. He Nunilon an attorney. High official profited on soaring shares Washington a assist ant Secretary of Commerce her text w. Klotz gave figures which indicated he had made a Quick paper profit of about 114,500 by acting on a up to buy Texas Gulf Sulphur co. was mentioned monday As one of about dozen person who bought Stock shortly before an official announcement that the company had discovered huge deposits of Copper and Zinc in Cariuda. The securities and charged some officials of the company with concealing information about the Ore discovery. The Sec said these officials had bought Stock which shot up in value As Soontas the official announcement Klotz assistant Secre tary for administration was mentioned As having received a up the Sec did not charge that he had acted improperly claims no company in latin a statement Klotz said he had not spoken to any officials of Texas Gulf Sulphur about Purchase of the Stock. A sol that in my official capacity with the department of com Merce i have never bad nor could be expected to Nave an dealings with the Texas Gulf Sulphur co. Or said he bs6 received a up on the company from miss Nancy Atkinson now mrs. Francis Brown who was the working at the Federal Pavilion of the new York world s said she stated that a Long time family Friend Ken Neth a Darke who was employed by the company had told her family that the com had very Good immediate future new Haven or to keep running new York up a 14.9million program to keep com Muter service running to Newyork City for another 18 months on the bankrupt new have Railroad has been agreed upon by Connecticut and new York Calls for the Federal government to give 19 million to the stricken Railroad under provisions of the mass transportation act while each of the two states will provide 1700,000.agreement on the Stop Gap state program crash program was reached tuesday i officials from meeting of Railroad an the two states at gov. Nelson a. Rockefeller s Manhattan office. Under terms of the demonstration Grant the new Haver will receive million to Manla commuter service to and from new York City for one a permanent solution to the Railroad s fiscal problems or away to replace the service with an alternate Means of Mas transportation has not been found at the end of that time another $1.15 will be provide for an additional six months. In addition to this million the railroads will recely m90.0m for equipment rehabilitation and1900.000 for administrative costs As port of the demonstration Grant the Railroad had petitioned the interstate Commerce commis Sion inc for permission to cur Tail passenger service on the line on aug. 1, and to eliminate Al passenger service by of. A commission hearing on the petition is currently under Way in new York City
