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The Los Angeles Times from Los Angeles, California • 45

Location:
Los Angeles, California
Issue Date:
Page:
45
Extracted Article Text (OCR)

i INTEREST RATES JULY 25. 1 Ht it Qeicrf 1 5 "pah am io SVQillG" (Nor is there any indication of a PAN AM strike flow ef VS. dollar abroad, seeking higher interest, and thereby worsen the already serious payments imbalance. A spokesman said concern over this aspect of the problem was heightened by announcement within the past month that some U.S. banks operating abroad were beginning to issue certificates of deposit in Eurodollars.

These are dollar balances held and traded abroad, the total of which has been estimated at $9 billion. itralnt taj "berai asked to carry the full burden in combating inflation, to the complete exclusion of any fiscal restraint whatsoever The American Bankers Assn, which renewed its opposition to an interest rate ceiling prior to the banking committee meeting, said it will work to defeat the bill in the House. The banking committee minority also began a staff inquiry into the possibility the committee bill, if enacted, might stimulate the that, as part of a move against tight money, the administration I n-tinue selling on the private capital market parti-cipations in pools of government held loans. The administration plans to raise some $4.2 billion outside the regular budget in thi3 way, but critics have said the operation amounts to government competition and drives up rates in the tight market. In their criticism of the bill, the Republicans said, "No matter how hard we try, we cannot legislate new savings.

We are in a wartime, overheated economy where monetary re- Kucker Plans to Buy Firm Oakland, will acquire San Carlos, for 138,000 thares of Rucker stock valued at nearly $5 million, according to terms of a preliminary agreement announced Monday. Insul-8, a designer and producer of electrical devices, will be operated as a subsidiary of Rucker under Its present management, Tirey L. Ford, In-gul-8 president, said. For the fiscal year ended March 31, it reported earnings of $270,400 on sales of $3.6 million. Combined sales of Rucker and Insul-8 will total about $20 million this year, Clarence J.

Wood-ard, Rucker president, said. regular Clipper Cargo service to Europe: Continued From 8th Page have to be approved by the President. Although the bill specifies an actual maximum figure on interest only in the case of commercial bank deposits, it contains authority for the Federal Deposit Insurance Federal Home Loan Bank Board and Federal Savings Loan Insurance Corp. to set ceilings on deposit interest or dividends paid by institutions under their jurisdiction. So far, spokesmen for savings and loan associations have opposed limitations on their institutions.

The Federal Reserve would authorized to increase, to a maximum of 10, the reserves banks are required to maintain against time deposits. Republican members of the committee demanded all mimein FimD, inc. $IJptr snore of firing price (July 25, 1966) CALL YOUR LOCAL BROKER Sill far Frti iruncttt I46S Wilshirt Beverly Hills, Cat er ihM CRtstviev 5-5104 IIS as era .3 7 SPACE DIVISION NEW ORLEANS STOCK MARKET you can see your creative efforts become a reality1. u-r, -Sr. rl Continued From 8th Pago 185 issues, compared with 5 new highs.

Among the 15 most active stocks on the NYSE, 14 were down and 1 was up. The one exception, Colorado Interstate Gas, closed up Ya to 29. Sperry Rand, the volume leader, was off IV to 28. That was mild compared with the treatment some high flyers received. Fair-child Camera tumbled 11V6 points to 176.

Polaroid was down 10 to 15334; Xerox 9 to 2276; Teledyne to 102; KLM lOYa to 136; Texas Instruments IV to 115V4 and Burroughs 5Va to 79J4, Airline shares were among the weakest on the board. After the New York markets closed, the general trend continued to be moderately lower on the still-open Pacific Coast Stock Exchange. There was an outstanding exception, however. Studebaker, Challenging assignments are available in Chrysler's broad spectrum of responsibilities in SATURN IB-APOLLO and post-APOLLO programs. Chrysler engineers and scientists perform complete technical support for flight planning, launch, post-flight analyses, advanced application and redesign, as well as manufacture the booster.

Now Chrysler has been selected by NASA to conduct preliminary design studies for experiments in spaceborne optical technology. Included will be spacecraft design and systems integration. INTERVIEWS will be conducted in CANOGA PARK JULY 27 and 28 7 105. As a result, Cue price index dropped 37 cjits to $15.08. Amex turnover increased to 2.57 million shares from 2.21 million on Friday.

Memcor sank 3 points to 10V4 following news that LTV Electrosystems planned to acquire the company in an exchange of stock. Fotochrome, which reported an increase in fiscal year loss compared with a year ago, dropped 2 to 8. Broadway Increases Dividend Directors of Broadway-Hale Stores, Monday raised the quarterly dividend to 35 cents a share on the common, compared to 30 cents paid in previous quarters. The dividend is payable Aug. 31 to shareowners of record Aug.

15. Seattle, Monday declared a quarterly dividend of 30 cents on new shares following a recent 2-for-l split. The dividend is payable Sept. 9 to shareowners of record Aug. 5.

The previous dividend, before the split, was 50 cents, which would correspond to 25 cents a share on the new stock. 6 -sew sssnsassesw To arrange for an interview call MR. R. GILLILAND at 346-5400 between 12 noon and 8 p.m. Wednesday, July 27 or Thursday, July 28.

wiJtivii. i yvJL a ouai; ill- crease in earnings for the first half compared with a year ago, traded a whopping 25,300 shares and the price Bhot up to 36V4, or IYa higher than the close on the NYSE. Sperry Rand, on 1,700 shares, another point to ZSV4. fin itho 4 merman Sit emir ii i --'nrr-i -i Exchange, declines 'outnumbered advances, 583- STRUCTURAL ENGINEERS STRUCTURAL ENGINEER Development of advanced stress or dynamic loads analysis procedures for aerospace design criteria. Minimum one year experience required in stress er dynamic loads analysis.

STRESS ENGINEERS Develop advanced stress analysis procedures for structures subjected to aerospace design criteria, construction of analysis aids for the loads and dynamics specialists, and preparation of research proposals. Two years minimum structures experience. PROPULSION DESIGN Will perform design and development engineering and analysis ef Saturn vehicle propulsion and mechanical components and sub-systems and establish component specifications. PROPULSION ANALYSIS Will perform formulation of powered flight simulation programs, conduct performance analysis of propulsion system design and test parameters, prepare formalengineering reports of analytical studies and presentations of significant findings, formulate design criteria from performance studies and evaluate flight data utilizing reconstruction techniques. INSTALLATION DESIGN AND LIAISON 24 years experience required ELECTRICAL ENGINEERS ELECTRICAL DESIGN Experience in electrical design of measuring networks.

ANTENNA DESIGN Antenna rang experience required. INDUSTRIAL SYSTEMS and PROCEDURES ANALYSTS Analyze existing procedures in operations, write and present systems and organizational recommendations to management. Will implement a recently planned automated operations control system employing random access storage and data-link in an on-line mode, liaison with one of the largest computer complexes. Minimum three years total experience required in one of more of the following! purchasing, inventory control, production control, production engineering, quality control, configuration control andor manpower control. Positions now open for: AEROBALLISTICS FLIGHT MECHANICS ENGINEERS Will plan, develop and conduct flight mechanics analysis ef entire launch vehicle and its environment for Saturn 1-B and advancod design concepts relative to earth orbital and hyper, velocity re-entry as well as extended celestial missions applicable to the system, in areas oft Trajectory shaping and analysis using digital computation techniques and optimization theories.

General flight mechanics engineering studies ranging from controllability at lift-off to payload Injections for varying missions. Analysis of present and future space missions to Include earth orbital operations mission definition, space trajectory analysis, performance determinations and preliminary design controllability studies. Pre-flight trajectory analysis and range safety studies for vehicles with prescribed missions and firm target flight dates. Post-flight trajectory analysis. Openings at many levels Minimum experience in above required) 2 years SCIENTIFIC PROGRAMMERS SENIOR MATHEMATICAL ANALYST Evaluates large Kale computer hardware and software systems and determines limitations ef programs.

Recommends the development ef compilers, assemblers, and executive routines for large scale computers. Trouble shoots computer program malfunction. Assist programmers and teaches computer programming utilizing computer languages (FAP, FORTRAM, ARGUS, FACT and COBOL). Minimum five years experience programming for large scale computer using machine language. MAINTENANCE ENGINEER Develop engineering approaches and innovations in the maintenance and maintainability ef space vehicle.

Minimum of 3 years experience required in logistic or maintenance engineering and 3 years of design or laboratory engineering. sale I SUN MON TUES WED THURS FRI SAT" Ft. 124 lv. 9:30 A.M. To London, Paris jj jj Ft.

120 Ft. 120 Ft 120 Ft 120 Ft 120 Ft. 120 Lv. tv. lv.

lv. u. lv. 12:00 Noon 12:00 Noon 12:00 Noon 12:00 Noon 12:00 Noon 12:00 Noon To London To London, To London To London, To London To London, Paris Paris Paris Effective August 1. We go right over the top.

To get your cargo to and from Europe quickly. And your cargo will be in Pan Am's. experienced, hands all the way. We have our own full-time handlers to speed it to its destination in London, Paris and nearly all of the 128 cities we serve throughout the world. For more details, call your Pan Am cargo agent.

Or Pan Am. In Los Angeles: MA 4-8773. HI! earnings ft a ar up: DESIGNERS' DESIGN CHECKER Checks new and revise air frame product com- ponent and assembly drawings and primary parts lists for function, completeness, clarity, accuracy and feasibility of manufacture and assembly. Eight to 10 years drafting experience plus one year drafting checking experience. PRODUCT DESIGNER Develops new designs for air frames components and prepares layouts to satisfy requirements out-lined by engineering personnel.

Consults with engineers on new designs and revisions. Guides draftsmen in preparation of detail drawings. Six to eight years missile er aircraft structural draft Never before has there been this kind of a sale! Now Glendale Federal has marked up earnings to 5.25 ft on every account! And you can even earn a guawnleei Vtfo bonus on 3-year $5,000 accounts. A markup to 5.75ft! So open a savings account now and get in on our big earnings then smile! Come in-celebrate with us and get your free smile kit assortment of jolly artifacts designed to illustrate the fact that at Glendale Federal we like to grin and share it. Glendale Federal SAVINGS AND LOAN ASSOCIATION (SOMETHING TO SMtlS ABOUT) S.15 arrnl rtlt tr guartnltti fcr 3 yttn.

If (Mull mtifut fa mMfif $5,000 $1,000 imtmnlt ibm $3,000 isHm'i mini Urtnl Mini uvtngt ttudtlim Ow 75ff mills it unH Sitlm fuH-itrvin Mtin Ofia: Cliniaii fundi mhU fthnuhi ht llu InH 4 mnlk urn from Iki frd. 1 ing experience. Appropriate clegr and related experience mandatory Positions ols open ot Huntsville, Alabama and Cape Kennedy, Florida. We are seeking resumes for Immediate action. If you qualify for any positions your resume will receive a prompt reply.

If Interview times are not convenient, send resume, in confidence toi MR E. BRENNAN, Pononnol Dept. LT-72, Chrysler Corporation, Space Division P.O. Box 29200, New Orleans, La. 70129 SPACE DIVISION VIorM's largest cfrczrgo carrier World's most experienced airlino lST 01 tH ATLANTIC fUST ON THE PACIFIC SIKST IN UfIN AMERICA riST ROUNOTHIWOeifl) CHRYSLER CORPORATION An equal opportunity employer.

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About The Los Angeles Times Archive

Pages Available:
7,612,373
Years Available:
1881-2024