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Publication: European Stars and Stripes Sunday, March 10, 1968

You are currently viewing page 23 of: European Stars and Stripes Sunday, March 10, 1968

   European Stars and Stripes (Newspaper) - March 10, 1968, Darmstadt, Hesse                                Sunday march1968 the stars and stripes Page 23 Market s midweek rally fell Short York up a Strong rally pulled the Stock m s oui of a Steep tall spin we unable to reverse the us and prices finished lower. Ri5ej to is had Money troubles Tut this time it was on spun the Lon a Ami Paris Gold markets put is a Oil the Dollar and the 2nd several times during thes the Johnson administration and it had no intention of raising Price of Gold from its cur rent level of $35 an ounce Butr mors of such a move were very much alive in the european markets and affected investor  to Home the Federal Reserve Board pulled the credit reins a Little big tighter and when credit gets tighter Wal Street usually winces. Since there was no particular news to Spur the rally brokers said Many investors probably Felt recent Sharp declines had uncovered a number of  the so called Glamor stocks have been pounded steadily they came in for the major share of the buying. Executive s body found in feared dead in plane crash Chicago a Edward h.,, Board chairman of Sam corp., was killed and five other persons including Mem Bers of  family were believed to have perished Friday night when their two engine plane plunged into fog shrouded Lake Michigan while coming in for a Landing. The body of Litchfield 55, of Coudersport pa., a former Chancellor of the University of Pittsburgh was recovered at mid morning saturday five Miles off Meigs Field Chicago s Lake front Airport. The Crew of the coast guard boat that recovered the body did not report sighting any wreck age of the plane or other  aboard the plane were Lichfield s wife Mary 42  Mother. Ethel 81  Chil Dren Edward 10, and de for est 4, and the Pilot James Looker 43, of Wellsville  s body was identified by . O Neil of Munster,ind., brother in Law of Mary Litchfield. He had been waiting at the Airport for the plane to  plane reportedly took off from Wellsville n.y., and was due to land at Meigs Field Fri Day night. The coast guard said the plane received Landing instructions from Meigs Field. Two coast guard boats started a search immediately. Three search planes and a fire department helicopter stood by but could not join in the search because of fog. Smith Corona merchant inc Samoa new York is a major manufacturer of business machines. The Airport manager at Wells Ville . Tarantine said Litchfield and  wife had been vacationing in Central America. He said they flew to Wellsville Friday to pick up  Mother and the two boys. Mutual funds prices new York up National aes ocl Nylon of securities dealers inc. Friday. Bid asked 2.80 3.13 7.9i 8.70 8.21 8.s8  1.25 344 8.72 10.83 11.83 7.61 8.27 33.14 33.14 9.39 10.26 071 6.71 tier in Adt Ftp Allyl cd All am am bus am dlr am Goth am inv am Mut am i acl a so Fil Jane Stoughton a h a 7.75 1.52 1.66 axes a h Kabson rid 81k Fdl 8t Ili Ullock  an Gen can Fil Host p life pit shr Hanning kids 8.42 9.91 10.81 7.10 7.7 1 j9.k1 21.5 1 7/29 7.1 in 12.i3 13.48a  7.16 r 41 8.2h 1 1 70 14.m 11.10 1, -. K.12 b.s7 10.1c 17.4 s  6.877  or excl Dreyfus Eatn bal Eatn St Eberst Emp Orp Energy ent and equity est a a exp  Karl Fol pm Bur Grui fid Cap kid trud financial programs St i has 1.2fi 13.40 1 i 2.00 or5 17. 7 a 8.01a 3.15 1i ii.27 1 a is.44 1 i j 1.01 1m  i la Lils . 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S.4 Roe ads 11 lit 63  in 14 47 14.4 s 12 5 12 a. 12.4li 13.4 0.04 0 i 11 0 12.4  ill i s 0 10 ii 5 01 5 -1 the United press International Stock Market indicator fell 1.50 on the week to finish at 106.93while Standard and poor s 500 Stock Index and the new Yor Stock Exchange Index showed much smaller  the 1,630 issues crossing the tape during the week 949ieclined and 547 advanced Leav ing 134 unchanged. There were34 new 1967-68 highs set and 169 new lows. The Exchange returned to the pull 5 hour session after six weeks of four hour Days instituted to help brokerage houses catch up with the heavy Back log of paperwork. Volume totalled 47,992,012shares compared with 39,770,140 shares the previous week. It was Well below the 56,701,825 shares which changed hands in the Sam week a year ago. Of the 20 most Active stocks,14 advanced 6 declined. Occidental Petroleum was inthe top spot jumping 3% to 33% on volume of 1,053,300shares As traders apparently took advantage of the Issue Snew Price following a 3-for Stock split. New York a new Yor Stock Exchange closing Index March 3 March 1 Market Index 49.43 49.58 Industrial 61.36 51.43 transportation 43.20 43.67 Utility 42.28 42.69 finance 62.77 52.94 aviation awards close convention by James Gunter is Munich Bureau chief Garmisch Germany is two Jimmie e. Johnson who ran away from Home As a Chi Din Birmingham ala., to visit the City Airport and dream of flying was named Usa eur s aviator of the year  Gold medallion was presented to Johnson in a ceremony at Theca a Carioca nightclub at the armed forces recreation Cen Ter Here. The awards program closed out the annual european convention of the army aviation association of America Kaaa a trophy went to the 421st med ical co air ambulance As out standing aviation unit of the year in Usa eur. Part of the 7thmedical brigade the medical evacuation company is station Dat Nellinger near Stuttgart. Sgt. . John  Smith of ,. Army aviation maintenance Center at Mannheim won a me Dallion As Usa eur Soldier who has most contributed to  member of the awards commit tee said he is a valuable Quality control expert. Co e 122nd maintenance ,3rd army div at Hanau received a trophy As the Best supporting unit in Usa eur aviation. A new award for Small units went to the aviation Section div arty foreign policy review asked continued from Page stand peace in the  Mansfield said . Policies overseas were shaped at a time when this country was economically Strong Europe was rav aged by War and there was great concern Over the fear of a Moscow directed communist Monolith. But he said Mutual fears of communist and non communist countries have abated and .allies once desperate for Amer ican dollars have become hold ers and even manipulators of great Dollar  Domestic problems Mansfield commented to put it bluntly we have Learned that we cannot allocate$25 billion a year or More on War in Vietnam billions More for de sense elsewhere in Asia in Europe and other parts of the glob and still invest at Home in Edu cation health housing transportation control of air and water pollution police Protection or whatever at a rate which is vital to the inner stability of  he again urged greater efforts to have the United nations take up the Vietnam is sue and a major reduction in . Troops in  said the policy of maintain ing six divisions in Europe ignores obvious changes in conditions there and overlooks the growing european indifference to  administration response to the Dollar Drain of keeping the Force in Europe so far has been largely confined to the discouragement of private american travel and investment abroad Mansfield said. 4th army div at  Board of officers and enlisted men picked the 1968 win ners who will be the Usa eur nominees for world wide army aviation awards. Johnson a 6-feet-2, mild mannered Pilot who flew for the army in Korea and More recently with the 1st cavalry in Vietnam has logged More than8,000 military flying hours in Many types of aircraft. He also flew 3,000 or More hours As a civilian yet he has never Hadan Accident an incident or a violation of regulations marked against . In Vietnam he flew Slicks the army Slang word for unarmed troop transports an came out of it with a distinguished flying Cross and two purple hearts. Since november 1966, he has been one of five pilots of he . Army Engi Neer come Europe flying administrative missions out of Rhein main air base in Frank Furt. The 41-year-old aviator and  Lively red haired wife Jeannine who live in Darmstadt Germany started flying together when they were married 21 years ago i Birmingham. No time for girls he did t have much time for girls until suddenly he discovered one who wanted to be another Amelia Earhart and though flying was the greatest so said. Mrs. Johnson still flies civilian planes As a  Jimmie was 5 years old he lived in Woodlawn Section of Birmingham near the Airport and he would pedal  tricycle Down to the Fence and watch the planes mrs. Johnson said. Anytime he was missing the family knew where to go to find . Later when he had a bicycle he would ride through the Gate and talk to the mechanics and dream of being  Only last monday Johnson reached a lifelong goal when he received  master aviator wings Given Only to those we Complete 15 years of military flying log a minimum of 3,000 hours and qualify for a .army instrument card. Your guide to Good listening in the dec sunday american forces network news every hour the times listed for fax programs Are Central european time 11. Is in i i 14 i i i k into am 12.9614.16 inv bos 12.61 13-67 invest group smut 10.81 11.78 Stock us. Ii11. A  1  my in. Out 111 Hlll in w Jim new will  it 100 pm one we 11 11 ii i 0 11 1 Fnu 84i my .1,1  1111 1 j i 110.4 h o 2 1.2.s 23.2 -12.56 12.73 111 so 10.mi 13 28 14.51 15 43 in. 4 1 .�7 7.62 iti4l 16  13.71 16.02 vat. L   1 v.,1 i i \ ,. V.-. M i i h j. , \Li will Wil a Hallil Wilmor Wifki Alai on Vogtli a sex  i ii . I d.   of 11 i n  i is12 i i j o 7.06 7.4 of Nicl lil. T. H  sen Here Chelmsford England a two girls who started a Back Britain Campaign in their factory have been sacked because there s nothing for them to  Carol Atkinson is and Rosalind re threw 20. Persuaded staff members at a ind Ley Brothers engineering Plant to work an extra to minutes each Day without  to help  Hal in out if tie red. I in notice in. A c weeks Afler i a r led.,.l k  \ Luul. Mihl kor u liidle.1. I  Luna iely a Tiu Nul people in i ivs of Oil no iils and it is not tit have people hanging in nothing.""1 think it is disgusting miss Atkinson 070fi overture 075b scoreboard 0605 banners of Faith 0830 protestant hour cn06 radio Chapel  hour of crucified 1130 religious news 1200 journalists talk 124& weekly Mirror Tola weekly 1005 Salt Lake choir 1030 greatest Story 1105 world in music 1205 Roger Carroll 1315 Neucom report 1345 com a on the March 1400 weekend world 1805 viewpoint 68 18oo Broadway to Hollywood 1905 Bob Hope 130 Golden Day of Urtidio 1 5s Point of Law 2005 Bob Crane 2106 bandwagon 2205 Toscanini 2310 memory Lane 2335 music around world 0005 finale Obj a burst from intr Lochen h30 end Lisle Lessen 1-mb f or children 1 5 1 b m .1 e r i c k to 00 modern Gieck  16- b w.. It in  k German to 1715 my Broth i i second program life play 1130 How to study 163a jazz and beat 100 Aqui Espana show 11245 off duty Magazine 1 on  mod Flipper 1-1 0 european tragedy refugees. 1 0 c s 1820 spot to 1900 world minor 1930 sports 2000 news io5 Montti ing Lea play �20 press of fal 1725 Simian a 1815 Ness 1s30 at i Aid to get Oil in 50 ne. Isi to in Points from go nil u  Volt said i h 1 1 in i o j i do of cd .1.1 m i in. I a the hour Spcci. it i military report it 0 bewitched of lot in space i Amo Hitchcock to a Toi i ,. Cwt i i of  
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