Word: planning
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Dates: during 1960-1969
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Arrayed against the impressive show of official strength will be, if plans jell, one of the oddest, least cohesive armies in history-an uncoordinated alliance of hippies, yippies, antiwar militants, unhappy liberals and far-out radicals. Goals vary from outright disruption of the convention proceedings to a ribald mockery of the electoral system. The yippies (members of the Youth International Party) plan to nominate a 220-Ib. pig, Pigasus, for President, on a platform of garbage-"just like the platform of all the other parties." Groups led by the National Mobilization Committee to End the War in Viet...
...Street. For the first time in its 176-year history, the New York Stock Exchange proposed a reduction in its sacrosanct brokerage commissions. The cuts would apply only to orders involving more than 1,000 shares of stock. Even so, Big Board President Robert W. Haack estimated that the plan would cut U.S. brokers' total commissions about $150 million annually, or 7% of the $2.1 billion they took in last year from exchange trading. As of now, the same rates (varying with the price of the security) apply to each round lot of 100 shares, no matter how large...
...shown in a month of Washington hearings that brokers generally give up most of their commissions on big block trades. The money goes instead to other brokers, who perform unrelated services for the customer, such as research or selling mutual-fund shares. As part of its rate-cutting plan, the Big Board last week endorsed a ban on all such customer-directed fee splitting-just as the SEC has long urged...
...aircraft fire which grows heavier as the storms fade. When he began flying for the outfit, it had six Constellations and one DC-7. of the Constellations, one was hijacked and flown to Madrid; a second was impounded when it made a forced landing on Malta (when its flight plan said it was going to New York). A third crashed in the jungle killing all aboard, and a fourth was blown up in Bisau, reportedly by a South African who is now in his native country enjoying a $100,000 peward from Nigeria...
...Boston Movement Center in Chicago will have a 24-hour-a-day doctor on hand, Miss Erenstein said, and will be able to coordinate legal aid. It will plan certain demonstrations, such as a support demonstration for striking telephone workers in Chicago...