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Publication: European Stars and Stripes Sunday, June 9, 1968

You are currently viewing page 22 of: European Stars and Stripes Sunday, June 9, 1968

   European Stars and Stripes (Newspaper) - June 09, 1968, Darmstadt, Hesse                                June 9, 1968 the stars and stripes Wees 1 i Olimb mfr image memorable week on Wall Street Vrr York up tas ? volume soared to 82,063,000 House action on the non Sednew 1 on Wall Street shares Topping the previous High 10 per cent Surch Rpp T  Wees 78.475.2 Smarsc that a Ermoli =.-.suct?b1seon_ income Page 23 stow1� Stuffl a stocks is also turned in a Strong of Romance. Volume soared to 82,063,000shares, the of 78,475,620 shares that change hands in the first week of april with the Start of the  even the slaying of sen. Robertp. Kennedy in los Angeles failed to touch off More than a flurry of Selling. Such a non Market occurrence ordinarily would Haven emotional Impact on the mar Ket. T tightened or buying Stock Washington a  at to Stem speculation in the Market the Federal Rene Board Friday clamped liter restrictions on the use of edit for purchasing stocks an Invertible Bonds. Raised from 70 to 80 per it its margin requirement Onick purchases the highest in nost eight years and moved margin on Bonds which can converted into Stock from 50 per cent. This Means a Stock Buyert now make an 80 per cent i payment on a Purchase can obtain credit for Only 20 cent of the Purchase price.60 per cent Down payment 1 be required on purchases of Tible Bonds. A new restrictions went into Leet saturday on new credit brokers Banks and other Ders for securities listed on it ional Stock , the Board could be imposed a 100 per Cen Largin which would mean no credit at All but chose instead the Milder route. It last imposed a 100 per cent margin in 1946during the Post world War ii surge in Stock  s change is the first in Basic margin requirement since nov. 6, 1963, when the rate moved from 50 to 70 per  80 per cent margin is the highest since july 28, 1960, when the rate was dropped from 90 per cent to 70 per cent. It was lowered later to 50 per cent. The Board said it acted to pre vent excessive use of credit in Stock  announcement said Noth ing about speculation but chair Man William Mcchesney Martin or. Last year called speculative Stock trading by some institutional investors disquieting an said it contained poisonous qualities reminiscent of the1920s. The Board timed its announce ment until after the Stock exchanges. Had closed in Newyork. Mutual funds prices i new York up National Assoc of securities is inc. Diver divid Eton Frfd Ambus div i Grethi inv i Hupac Tor cd Insh Dow the excl bid asked Dreyfus Eatn a Eatn St 3.34 3.658.20 10. On 9.20 9.95eberst1.29 1.41 Emp 3.59 3.ss 8.41 9.14 42.33 42.33 10.51 11.49 7.35 7. 10.3811.38 1.65 9.5610.39 i j Houghton i a b 11.8212.85 1 St 8.89 9.72  8.39 9.12 8.37 8.39 14.33 15.66 8.95 9.78 15,77 17.05 fat .i8 rid 16.61 la 20 8.10 9.95 17.3818.78 T 9.14 10.011 let 7.22 7.92 but 10.4011.37 panning ads 14.0815.3 2.19 2.3920.68 22.60 8.62 9.42 4.3 j bid asked 10.30 11.394.06 4.55 9.25 10.0019.33 19.33 15.89 17.39 11.91 12.94 17.57 19.09 14.88 16.2715.80 17.17 17.62 17.62 9.8110.72 11.6112.55 19.34 21.19 19.2320.7929.27 31.14 17.02 18.6017.49 19.11 15.28 16.61x20.48 22.14 fid trend 32.3335.14 financial programs 7.90 8.64 5.97 6.537.97 8.72 g 11.02 12.08 s 11.5912.7019.7520.178.79 8.61 6.18 5.679.15 10.00 -. Or Energy 11.9413.05 ent in equity 42.3 42.3 est g a everest35 exp cd fair a 1.81 fed get hid Cap is 23.7625.97 m.33.03 l s5 2.00 2.05 2.21op �trd1 Luv of v Sten Lii Jet w -s5k 10.79 lift 2 51 2151 13.62 14 v s.32 5.81 11.60 12 it "35 17.8t"s3 int inc. Inst in Fletcher Fletcher c get hand of Fnu hut ours f Franklin custodian " pm 8.05 it Inam inv inv see inv Meddis inc Goth hgr a Linc s-2 App s-3 apr s-4intl enl Frknk Goth Lexing Lex res Liberty life inv life St .15.30 16.72 in Kink fund fund Gen Gen group Sec across com Sfulad Goth ind graph guard Ham Hal Hanover Hartwe hedge Horace Hub Isi or Cap 8.82 7.01 7.68 2.70 2.97 13.16 14.38 12.27 13,45 7.50 8.15 13.21 13.24 11.63 12.72 14.43 15.78 9.59 10.49 24.88 25.63 21.57 23.58 29.65 29.65 5.95 6.51 1.73 1.8720.1622.03 16.42 17.10 16.85 18.4214.04 14.04 5.71 6.24. 11.44 12.43gr 9.91 10.77 m 14.05 15.39bost 7.91 8.69 and 13.51 14. Trend 16.9318.50am 8.84 9.66 & bal 5.56 6.072 am 15.3216.74 in5 37.25cap do Mut Manhon mass cd mass or mass to mates Mcdo mid am Moodys Maya cd Morton met or met inc met in Mif cd Mif Goth Mut bars Mut to Nea hut Nat is Nat in Nat Luv Nat Sec Alan Bond Divide to St income Stock growth Nat wst77 North 14.25 14.25 ltt.26 16.26 12.12 13.24 13.23 14.46 13.51 14.77 17.49 19.11 9.29 9.29 13.54 14.84 7.79 8.72 18.23 19.92 14.30 15.63 ads 16.06 4.84 8.30 20.50 6.65 21.58 2.78 12.58 11.2114.11 8.66 Liila cd Pilgrim Pilot Pine St Pioneer plane Price to provide Puritan Putnam equity Geo or think inv rep tech Revere Scudder special com Sec div Sec by Sec Insel am Sel up cos Sigma swat inv sour in state St 17.005.30 9.10 22.7.19 21.58 2.84 12.84 12.44 14.11 8.36 new eng new Hor now old Neast i Omega 18100 undone we of of Perm so ser 12.02 13.14 6,08 6.64 5.47 5.9s 8.15 8.91 6.24 6.82 9.41 10.28 12.15 13.28 6.04 6.62 26.84 25.84 11.47 12.40 30.98 20.08 14.8c 16.24 17.2417.24 10.50 10.75 16.47 18.00 17.92 17.92 0.09 9.93 9.08 9.08 bid asked  17.60 11.89 12.9 8.93 9.76 11.99 11.99 14.55 15.01 14.78 16.15 26.82 26.82 6.33 6.92 12.60 12.97 ads 15.41 1g.s4 1g.49 17.02 14.79 16.109.74 10.64 8.82 9.05 7.85 8.58 20.06 21.92 ads 4g.23 40.23 17.97 17.97 12.76 12.76 1g.og 17.3619.9921.85 8.97 9.so 12.28 13.28 16.59 18.14 14.47 15.81 11.94 13.05 9.84 10.04 16.26 17.80 5u.24steadman ads am ind 15.84 17.31 Flucy 9.5710.4 i  or 8.41 0.19 Stein Roe ads Stein r 22.8522.85 Stein in 16.07115.67 Stein St 15.9615.90sterl inv lli.53 14.6 sup inv 8.08 8.84 tellers 14.2 14.88 16 tech cd 10.0511.93 to plan 18.80 20.55 Tex cd 13.1314.o5 Tunc g 0-55 7.27 Tunc i 5.s2 6.36 United ads acc 9.85 10.00 Insom 15.87 17.84 Scien 10.53 u.51 in f in 7.21 7.s8 value line ads Val lne Val inc Val so la angry varied in Viking or Walls inv so Mut Well Ltd West ind Whill Windsor Winfel Driscon Worth 9.75 10.us 6.7 3 7.41 10.18 11.165.90  6.0s 6.5s8.30 9.02 Iso 14.00 ,.7c is. 05 1ij.51 14. Us0.92 10.k4 ki.25 17.157 20.34 22.11 lli.02 17.51 8.44 8.26 6.79 7.40 a fix dividend. Hous n o propose10 per cent surcharge on income tax combined with $6 billion in spending cuts was postponed for a week. But traders were encouraged by a prediction by Wilburd. Mills chairman of the House ways and Means committee that the Bill would be approved. Of the 1,661 issues crossing the tape 1,184 advanced 382 declined and 95 closed unchanged fro the previous week. Glen Alden was the most actively traded Stock for the third consecutive week gaining 1% to17% on turnover of 1,365,300 shares. New York a Newyork Stock Exchange closing in Dex Market june 7index 57.11 Industrial 60.69 transportation 54.71 utilities 42.00 finance 64.57 May 31 5s.50 58.88 51.05 41.7261.93 a a league president reelected Darmstadt Germany is mrs. Gerda Ratzinger was reelected saturday As presi Dent of the federation of Ger Man american clubs during that organization s 21st annual convention Here. Brig. Gen. John f. Freund chief of staff for Vii corps will serve As vice president forthcoming year. Also elected to office were mrs. John Long Munich re cording Secretary mrs. Eleanor Chandler Stuttgart correspond ing Secretary Kurt Gierlich Darmstadt treasurer an Rolf Sautter Stuttgart Del Heid Koolhoven Ober Lahnstein mrs. Hircle Brandenstein Mun Ich and Luise Frei Frau von Falkenhausen Board members at Large. The convention was to finish sunday with delegates visiting Michel Stadt and Erbach in the Odenwald. Department store ends gun sales Columbus Ohio a a department store Here prompted by the assassination of sen. Robert f. Kennedy announced itis going out of the fire arms business. Marty j. Rosen president of the a Mart family discount Cen ters in Columbus announced Fri Day that his firm s four outlet shave dropped the Sale of fire arms. A Mart donated its Arsenal of Small arms hand guns ammunition and related items to the Cit police department for its Dis position. The 500-Odd weapon were valued at More than $20,000 tax Bill postponed for House study Washington up the House Friday postponed a vote on president Johnson s tax in crease and its accompanying spending Cut from june 11 to june 19.the official reason was to give members time to study a Stillin Fileck report of the legislation. But private sources said it Wasto give the leaders time to Muster More support for the controversial measure. Italian students riot 200 seized Milan leftist student battled police with clubs and stones smashed shop window Sand destroyed cars saturday in a predawn riot one of the worst in Italy this year. Police and demonstrators who were trying to Block circulation of Italy s biggest newspaper fought a wild running Battle that lasted from 1 . To Dawn inthe Center of this financial Hub. At the end of the fighting police raided three universities and cleared out students who had been occupying them for  of persons were Hurt. Police said 13 of their men were injured severely enough to re quire Hospital  a mass rally to condemn alleged distortion of new about the italian students pro test movement by the country spress demonstrators marched on the printing Plant of the conservative daily corriere Della Sera with Sticks and gasoline filled bottles. They carried placards Reading ten Phi Viii Ivi " "t3,. 4 4u from a and up dispatches to Chi Minh workers and  Power to the Milan equal to when the students tried Tob lock the newspaper s delivery trucks by stretching themselves out on the Street police charged. The demonstrators showered police with stones and bottles and overturned cars to slowdown helmeted riot police who were chasing them from Square to Square in the darkened City. At Dawn heavy police Force moved in and drove out students and some professors occupying the Milan state University Milan Catholic University and the Milan polytechnic Institute As Well As artists occupying the Milan Trien Nale of Art. Police said artists at the Trien Nale who staged the occupation to protest state cultural policy had placed a Large number of containers of gasoline on the premises to be used in starting fires during demonstrations. The Milan riot followed a demonstration of 3,000 persons called by the militant student move ment to publicize demands for reforms in Italy s antiquated University so Stem. Students and professors from girl in deep coma for 32 years Dies Madrid up a woman who was shot in 1936 was buried Here Friday after 32 years in a coma. Dolores de la gala Duran was4 when her family was lined up against a Wall by Republican soldiers at Granja clo Torre iter Mosa in the Western province of Bandujo shortly after the Start of the Spanish civil  burst of bullets mowed Down the entire family and Dolores Lay in a coma for three Days Milan Turin Rome and Flor ence took part As Well As artists. It was Italy s fourth major biotin eight Days following previous outbursts at Rome Turin an Pesaro. There also have been numerous less serious clashes involving students and workers in other cities. University sit ins ask Tito s support Belgrade up Yugo slav students occupying Belgrade University Friday appealed to president Tito in behalf of their demands for widespread Reform of yugoslav communist society. In a letter to Tito published in the student government bulletin and signed the students and professors of Belgrade University the rebels said the action we Are carrying out is inspired by your revolutionary thought and supports thereat struggle that you guide. We have always been with you and we Are with you now As Well. We emphasize we Are component part of the progressive forces led by the yugoslav communist party and  unique move it was the first time the Stu dents turned to Tito since the unrest began last weekend with bloody clashes Between student demonstrators arid police in which 137 persons were reported injured. The letter did not flatly ask to to to Back their demands for social Equality More self management in All factories and institutions an end to unemployment and bureaucracy and University reforms. But its implication was clearly that. The bulletin said a Serbia government commission investigating the disorders was expected to Issue its report soon. Only when the report is known will the students decide their further moves according to the  students insist on the Dis Missal of the Belgrade police chief and other officials they blame for police brutality Asan immediate step. They also ask Quick communist party punishment of the directors and chief editors of the yugoslav news Agency Tan Jug Belgrade newspapers and Belgrade  charge the news Media with deliberate false reporting of the clashes. Singer in . Under the bodies of some of her14 slain relatives before she was rescued by nationalist  never emerged from the deep coma. Franklin Clark Fry Church Leader Dies new Rochelle . A the Rev. Or. Franklin Clark Fry who resigned in May a president of the lutheran Church in America died in new Rochelle Hospital lie was 7 years  spokesman for the Church said Fry died of cancer. San Francisco up i Jefferson Poland apostle of better living by getting Down to essentials has been arrested again this time for going nude in Golden Gate Park. As an audience of 150 hippie watched Poland 25, a spokes Man for the sexual Freedom league Sung sections of the Bible until taken into  his booking lie Javo his occupation As minister. Turks to it . Sular Ankara a tic unite states will hand Over to Turkey a $l5-im lion radar and rom  i  or in Ankara on june 14, it was Iuni Ami to Friday  
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