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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jul 11, 1961
Page
3
Washington hearings scrutinize market practices as SEC probes cutoffs and listing rules. Reilly and Mack Jr. urge stronger American exchange oversight while McCormick cites rising construction costs and wage increases. Policy changes include eliminating automatic specialist assignment and expanding audits across major exchanges.
HollywoodUPI French actress Michele Monteau is the sole female in the war film Hell Is For Heroes. She explains producers wanted her no makeup and flat shoes to blend with soldiers and boost believability. The cast includes Steve McQueen as Monteau's co star in a Belgian town scene among chasing GIs.
Tennessee under Gov. Ellington inks a drive to attract industry with tax cuts on machinery, expanding state programs. By 1961 assessments show 318 new plants, 373 expansions, $344 million invested and 37,500 jobs future. Mentally ill care expands with new hospitals planned in Breenerville, Chattanooga, Memphis, plus education funding up and teacher pay rises. Prison reforms include a new 1.5 million security building and guard system upgrades, while Gagarin planned to speak at a Cuban rally marking Castro revolution anniversary.
Michele admits she enjoys working with many men in the film and says her feminine pride felt slighted when she learned she was used as bait for love starved soldiers. She quips that any ego she had is now gone.
Illinois Governor Otto Kerner signed measures under the Workmen's Compensation and Occupational Diseases Act Wednesday raising weekly benefits to 51 to 61 from 45 to 41 and increasing death benefits to 13,500 to 17,500 from 12,250 to 15,000.
In Bogota, about 600 children aged 8 to 16 known as gamines live on the streets amid violence and neglect. They beg outside theaters and rallies, scrub windshields for coins, and sleep in doorways as private and public institutions struggle to care for them. Many prefer freedom over institutional life despite harsh weather and hunger.
State Auditor Michael Howlett announced a plan to cut payroll by at least 10 jobs and fund a new division of field investigators to curb fraud across state agencies. He outlined monthly payroll reports, random checks, and quarterly vendor payment disclosures to improve oversight after the Hodge scandal.
CHICAGO UPI An official of Swift and Co said negotiations to renew the contract with the meat cutters union would not resume until July 17. Russell Dresser of the meat packers said the union seeks employment security. Dresser hopes talks will lead to a quick agreement on the renewal of a two year master contract covering 16 Swift plants expiring Sept 1.
Washington June retail sales rose 1 percent to 18.25 billion dollars, though a year earlier volume was down 1 percent. The gain marked a second straight monthly rise across a broad range of goods per Commerce Department. New York steel output fell 7.6 percent in the holiday week to 1,779,000 tons, rate about 60.8 percent. AT&T earnings for the quarter ended May 31 climbed to 325.999 million from 31.848 million, with stockholders likely surpassing two million. American Stock Exchange head McCormick backed a 750,000 SEC investigation to protect shareholders. Alfred Perlman warned Central’s exclusion from merger could hurt industry and spur government ownership. Ambassador Oil reported a Banner County Nebraska find flowing 144 barrels per day from the J-L sand in Weaver field.
Joel D. Wolfsohn, former assistant interior secretary in the Truman administration, died of an apparent heart attack at a family dinner in Kary Indiana at age 60. A Chicago newspaper veteran, he served as Illinois State Superintendent of Reports before joining the interior department in 1934 and later practiced law in Washington.
David Luellen, Highland High School English instructor, reports plans for a summer reading laboratory for junior high students in the Anderson area July 17 through August 17. Eligible students entering 7th or 8th grade in September may enroll. registration is July 14 at Highland High School office from 3 am to 3 pm. The program aims to develop reading skills and comprehension with details available at the Highland School office.
A doctor developed formula named Duplexin claims to relieve throbbing migraine pain and nausea within minutes without narcotics. It combines doctor approved pain relievers with a stomach soothing antacid, and is said to calm nervous stress and help prevent attacks when taken at first signs. Available without prescription at drug stores.
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