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Anderson Herald in Anderson, Indiana

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

Dec 22, 1960

Page

6

American Telephone plans stock issue and higher dividend

New York based AT and T plans to offer additional shares to stockholders and raise the quarterly dividend to 90 cents from 82 1 2 cents starting with the July 1961 payment. Rights to buy share issue will be mailed in March. B&O cuts 1961 dividend while signaling possible end year action. Corn Products recommends five cent dividend rise and a two for one stock split. Minute Maid to merge into Coca Cola pending Coca Cola approval. Bethlehem Steel and Youngstown Sheet plan to curtail Christmas operations.

Nesday B&o Baltimore Ohio Railroad Corn Products Co William T Brady Minute Maid Corp Coca- Cola Co Coca- Cola

Kennedy Studies Budget and Pentagon Post

President elect Kennedy tackles a tight budget amid a business slowdown and fills the Pentagon post with Roswell Gilpatric, a former Air Force undersecretary. He appoints advisers, reviews the 80 billion dollar plan, and signals possible education spending growth while aiming for a balanced year.

Kennedy Pentagon Palm Beach Fla John F. Kennedy Air Force Roswell Gilpatric Eisenhower Douglas Dillon Florida Gilpatric New York Washington Robert S. McNamara Defense Department Coleman Mississippi Harvard David E. Bell Elmer B. Staats Richard Neustadt Theodore Sorensen White House Myer Feldman Sorensen Congress Frank Thompson D-N.j Thompson House Education and Labor Committee

Laos Stays Neutral as U S Rules Out SEATO Entry

Washington indicates the new Laos government under Prince Boun Oum will not be urged to join SEATO. The aim is to keep Laos independent and outside the Iron Curtain, maintaining a neutral stance and avoiding military alliance. The Vientiane government had suggested SEATO may be considered if defense demands require.

Washington UPI United States Laos U.S Prince Boun Oum Vientiane Southeast Asia Treaty Organization SEATO

De Gaulle Moves Toward Algerian Peace

Paris reports President Charles de Gaulle remains committed to negotiating with the Algerian rebels after a referendum win. He urged renewed talks with the National Liberation Front without preconditions, while defending protections for European settlers in Algerian Algeria.

Paris API Charles de Gaulle de Gaulle National Liberation Front FLN Algeria

Platinum crosshairs used in microscopes and telescopes

Crosshairs for microscopes and telescopes use platinum wire with diameters as small as four one hundred thousandths of an inch.

Los Angeles

Discoverer XIX Satellite Maintains Orbit For Missile Defense Study

At Vandenberg Air Force Base the Discoverer XIX satellite held steady on its earth orbit gathering data on infrared radiation for a missile attack detection system. Ground stations in New Boston New Hampshire and Hawaii collected radioed information as the craft circled the globe every 93 minutes.

Vandenberg Air Force Base Calif UPI United States New Boston N.H Hawaii America Pacific Coast Air Force Midas Earth

Jury weighs charges in gasoline price fixing case

Jurors in South Bend began deliberations on 12 major oil companies accused of fixing gasoline prices during a May 1957 rise ending a price war. After 26 days of testimony, lawyers agreed jurors may go home at night, with possible Christmas break if no decision by Friday.

South Bend Ind Shell Cities Service Phillips Ohio Gulf Socony Mobil Standard Texaco Central West Tornado Hudson Pacer Sun Oil Co U.S M. Swygert

Anderson Civil Air Patrol Holds Anniversary Dance

Squadron 2 of the Anderson Civil Air Patrol hosted an anniversary dance at UAV Local 662 Hall. Patsy Bradberry was crowned queen and won a talent show. Runners up were Linda Hoppes and Deloris Williams. Over 200 attended and 20 door prizes were awarded.

Anderson Civil Air Patrol UAV Patsy Bradberry Miss Bradberry Linda Hoppes Deloris Williams

Donner Foundation Grants Boost Secondary School Faculty Pay

The Donner Foundation will award 4.5 million dollars to 15 independent secondary schools to fund 15 chairs with about 12 000 dollars annually. The program aims to reward exceptional faculty and free funds to raise pay for other teachers across Choate Cranbrook Deerfield Episcopal Hill Hotchkiss Lawrenceville Loomis Mt Hermon Phillips Andover Exeter Saint Marks St Pauls Taft Western Reserve.

Philadelphia UPI Donner Foundation Robert A. Maes Philadelphia Foundation Donner Maes Choate School Wallingford Hotchkiss Lakeville Conn Lawrenceville N.J Loomis Windsor

Ice Cream Output Up in Milwaukee Area

The average American ate about 18 pounds of ice cream last year and is expected to exceed that this year. U S manufacturing plants produced 647,675,000 gallons, up slightly from 1956. In 1909 per capita consumption was around 1.5 pounds.

Milwaukee United States

Students Increase Washington Forester Schools Attendance

Enrollment in the nation’s 37 schools of forestry for 1958-59 reached 7,866, the highest since 1948-49 when 8,212 studied, reflecting growth in forestry education.

Washington

Peiping Extends Credits to North Korea Over $100 Million

Peiping announces credits to North Korea for industrial development totaling over $100 million. The move signals Communist China’s continued aid and cooperation with its northern ally.

Peiping Tokyo China North Korea

Kennedy Policy Shift Seen

Des Moines Register Tribune and Minneapolis Star Tribune report that President Eisenhower pressed Douglas Dillon to secure Kennedy's commitment to conservative fiscal policy before accepting the Treasury post. The newspapers quote Dillon as surprised by the appointment and note Republican officials' cautious reaction. Anderson welcomed Dillon's appointment as his successor.

Des Moines Iowa John F. Kenny Midwest Eisenhower Douglas Drlon Kennedy Dillon Washington Anderson the Treasury

Record 11.2 million trucks on U.S. roads in 1958

About 11,200,000 trucks were in operation on streets and highways in the United States during 1958, a new record. Trucks account for 17 percent of the country's motor vehicle registrations.

Detroit United States

Leave a Pepsi for Santa Claus This Year

A holiday nudge suggests leaving a Pepsi by the fireplace or under the tree for Santa Claus, aligning year end traditions with modern beverage choices.

Santa Claus

Also Mentioned on This Page

American Telephone & Telegraph Co Bethlehem Steel Corp Youngstown Sheet & Tube West Berlin By Douglas B. Cornell Sweden Stockholm Inspira Foe Ernie Ford Hollywood Bowl Symphony Orchestra Montovoni Stero George Beverly Shea Robert Shaw Walter Schuman Augusta Ames Brothers Gospel Trumpet Book Store East Chestnut Davis Eagles Merry Christmas U. S Zeke Slim WLW TV National Guard Armory Astounding Adventure Kerwin Mathews June Thorburn Fea. Times Cartoon & News CL Aick Willam Wyler Coloi
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