Home Loan Costs Drop Reported for Kennedy Era
Advisers to President Kennedy say mortgage money costs have fallen and may keep dropping, signaling savings for home buyers and potential sales boosts for builders. But White House economists warn a government survey shows savings and loan rates higher than expected, with West Coast rates around 7 percent and national averages near 6.15 for new houses, 6.32 for used. Officials expect further declines of about a quarter point, while noting regional variation and the need for careful reading of local conditions before buying.
MENTIONED IN THIS ARTICLE
Washington
UPI
Kennedy
White House
Savings and Loan Association
Savings Association
West Coast
Federal Reserve
Reserve Board
Chicago
Emma
United States
New England
Meeting Cancelled By Wabash Valley Association In Jasper
The Du Bois County chapter of the Wabash Valley Association cancelled its Monday night meeting due to flooded county roads. The organization's primary concern remains flood control.
MENTIONED IN THIS ARTICLE
Jasper, Ind
Dubois County
Wabash Valley Association
Strong Hog Prices Lift Meat Market in Indianapolis
Hog prices rose Tuesday with butcher hogs and sows 25 cents higher as receipts fell due to high water. Steers and heifers sold steady to higher with mixed lots and feeders varying. cows remained steady to strong. Bulls, lambs, and ewes showed firm to modest gains amid limited early sales and varied weights across the market.
MENTIONED IN THIS ARTICLE
Indianapolis
American Tobacco
Smetican
Beth. Steel
Scunswick
Chrysler
Gontainer
Duponteels
Estimac Kodakorn
Bo Acaised
General Electric
Inter
Harvester T
al Kgmiberly-Clark
Abest Swift & Co
Texaco
Texas Instruments
Union Carbide U. S. Steel
Westinghouse
Local Livestock Market Prices and Grains Mixed
Market notes show livestock prices steady with good steers and heifers at 21.50 to 26.00, calves 30.00 down, cows 12.00 to 16.00, and bulls 19.00 down. Grains opened weak for a fifth day, soybeans bounced then fell, May and July deliveries retreated about six cents from intraday highs as futures closed lower. Africa focus shifts as Japan’s foreign ministry creates a new Africa section to strengthen ties.
MENTIONED IN THIS ARTICLE
Zac Vateweeree
Muncie Livestock Market Closes Early at Two PM
New York AP report notes mixed stock activity with hogs steady to higher in 200 to 240 pound range while other issues show irregular trends. Market overall lacks leadership with gains and losses in a wide range as volume rises across 4,298 issues and major indices drift. Calves and cattle prices listed for standard to low-good grades, with steers, heifers, and cows showing varied but steady to lower trends.
MENTIONED IN THIS ARTICLE
New York
Mina Hanine
Associated Press
Hogs and Trial Tie to $500000 Slander Suit
In Worcester Massachusetts a jury acquitted Willard Page in a 1956 rape case against a student nurse. Page promptly filed a $500000 slander and false arrest suit against the accusers and their escort, promising libel actions if they failed lie detector tests. Hog prices eased and then steadied as markets opened after the verdict.
MENTIONED IN THIS ARTICLE
Willard Page
Worcester
Page
Wall
Saulting
Leuchester
Bailey
British Appeals Court Rejects Spy Pleas for Lighter Sentences
In London the appeals court refused requests by five Soviet spy ring members to reduce their prison terms for stealing British naval secrets. Defendants included Henry F. Houghton and Ethel Gee, with others linked to the ring such as Gordon Arnold Lonsdale and the Kroger couple, identified by the FBI as Worris and Lorna Cohen. Meanwhile at Indiana University, Cmdr. John Ebersole will headline Medical Alumni Day as a former Nautilus officer and IU graduate.
MENTIONED IN THIS ARTICLE
London
UPS
Admiralty
Henry F. Houghton
Gordon Arnold Lonsdale
Peter I. Kroger
Helen
Krogers
FBI
Americans Worris and
Lorna Cohen
New
Indianapolis
John Ebersole
Medica
Indiana University Medical School
I. U
Watersheds and Soil Conservation Guide
Soil conservationist explains watershed basics and the link between land management and water. The piece describes how water drains from land into streams and lakes, the role of watersheds in supply and flood control, and how erosion and sediment raise costs for drinking water, power, and farming communities.
MENTIONED IN THIS ARTICLE
van den Bosch
Ohio Policeman to Defend Championship at International Police Match
Patrolman C. W. Robison of the Ohio State Highway Patrol will defend his individual title at the third international police combat pistol match June 16-28 on Indiana University's course. Co ordinator Robert F. Borkenstein said the White House police unit will also return to defend its team title. About $3,000 in prizes are offered in this pistol match limited to policemen, with twenty states Canada and Puerto Rico represented last year.
MENTIONED IN THIS ARTICLE
Bloomington
Ind
C. W. Robison
Ohio State Highway Patrol
Indiana University
Robert F. Borkenstein
EU Police
White House
Washington
Canada
Puerto Rico
Navy Awards Five Million Gas Turbine Compressor Contract
The Navy awarded Garrett Corp a 5.2 million dollar contract to manufacture gas turbine compressors for starting and servicing aircraft. Intermixed copy mentions apocryphal space rewards and unrelated local notes about a veteran and a body found in Indiana streams.
MENTIONED IN THIS ARTICLE
Washington
UPI
Garrett Corp
Navy
Shares Near Correction After Recent Advance
Wall Street analysts warn the market may correct after a solid advance. Dow Jones reports cautious moves by institutional buyers and large portfolios. If extended, it could lead to a period of consolidation and another test of last month’s lows. The foreign situation is not a current active concern to traders.
MENTIONED IN THIS ARTICLE
New York
API
Wall , Street
Dow Jones Financial News Service
Wall Street
Dow Jones
Markleville Corn Judging Team Wins Third at District
Markleville High School Corn Judging team placed third in the district contest at Alexandria. Members Bob Hastings Wayne Williams Gary Pate Lanny Myers coached by Vocational Agriculture teacher Tom Garrison will compete at the state fair. Bake Sale May 13 at W H Hardy's store in Markleville. Pancake Day May 13 at East Christian Church basement. Adams Township Farm Bureau met in school gym. Jack Robinson led meeting. Joe Whistler discussed Policy Development. Pet and Hobby Committee presented a Mothers and Fathers day program with a plant for mothers and handkerchiefs for fathers. Refreshments for 43 attendees. Mrs Madge McClough visited with Mr and Mrs Ross Ham. Jeanine Collier returned to Hanover College in Indianapolis with her mother Mrs Robert Collier Mrs Marvin Stohler and Mrs Jack Grandison.
MENTIONED IN THIS ARTICLE
Markleville
Marklesville High School
Alexandria
Bob Hastings
Wayne Williams
Gary Pate
Lanny Myers
Tom Garrison
Markelville Garden Club
W. H. Hardy
Markiejville
East Christian Church
Adams Township Farm Bureau
Jack Robinson
Joe Whistler
Pet and Hobby Committee
Madge McClough
Ross Ham
Jeanine Collier
Robert Collier
Marvin Stohler
Jack Grandson
Hanover College
Jeanine
Hanover
Indianapolis
Collier
Grandison
Organization Man's Wife Faces Corporate Strain
New York Ledger outlines how the wife of an organization man navigates a work dominated life. A professor notes corporate husbands often forego vacations, while wives shoulder social pressures and coordinate domestic duties amid executive demands.
MENTIONED IN THIS ARTICLE
New York
Imate
Stich
Che Aimee Aoe
Pitts
Hoboy
Asburgh
Burgh
Graduate School of
Poe
Pgh
Ofm
Ueirj Gee
Industri
Ieee
Agnew
Teibe
Auction Sales and Real Estate Offers May 10-24
Auction items include real estate, autos, and personal property across Indiana and New Jersey. Listings note multiple auctions by Joe Kellam, Jim Bradley, and Walter R. Bagot with dates May 10 through May 24. Also covered are executor sales, public notices, and a legal discussion on medical society membership and AMA accreditation.
MENTIONED IN THIS ARTICLE
Curtis
Clem
Knightstown
Joe Kellum
Jim Bradley
Walter R. Bagot
Main St
56Th St
Kirk
Trenton
N.J
Robert Ey
New Jersey
Osteopath
Wiles
Hamilton St
Fortville
County Medical Society
V. Byrne
Good Reeman
Pan See Medical School
Lower Ashit
Elizabeth
Midwest
Dllesex County Medical Society
Acem
Cane
Fully& Co
Re- Anderson Banking Company
Dow Fletcher St
Egg Hood
American Medical Association
Jones
New Brunswick
Claude
Daisy Cass
Joe Kel
Philadelphias
College of Ostepathy
Sunrey
AMA
Shirley and Wilkinson
al Ion Nes
Ward
Stier i Petersen
Sursery
Milan
Ama College
Dricks Street
H. D. Kirk
Surioneargery
Jersey City
St. Peter’s General Hosdat
Pital
Falcone
Loval Lpad
Coca-Cola Adv
Supreme Court
Anderson
Ray
Sarah J
Jel
Becaus
Horih
Frankton
Market views mix on earnings and policy shifts
L C Hooper of W Hutton & Co notes the market has absorbed poor first quarter earnings and hints at influence from firmer international policy. He says Washington aims to regain initiative in the cold war, with business improving but not signaling a boom. Vienna eyes tourist areas as part of plans to limit noise and vehicle damage affecting public health and tourism.
MENTIONED IN THIS ARTICLE
L. C. Hooper
W. &. Hutton & Co
Washington
Vienna
API
Trade Ministry
Austria
Oe Tost
Would Welcome Red Church Into Council
Dr O Frederick Nolde of New York, director of the Commission of the Churches on International Affairs, says cross frontier ties offer a better chance than war to settle world tensions. He welcomes the Holy Synod of the Russian Orthodox Church applying for World Council membership, viewing it as a step in the ecumenical movement toward peace with justice and freedom.
MENTIONED IN THIS ARTICLE
Anes
O. Frederick Nolde
New York
Commission of the Churches On International Affairs
World Council of Churches
International Missionary Council
Holy Synod of the
Russian Orthodox Church
World Council
Nolde
Ecumenical Movement
Grand Jury Will Investigate Death in Cass County Indiana
The Cass County Grand Jury will meet Thursday to investigate the death of carnival worker Phillip Fowler aged 26. Police say he was beaten with a wrench and died after being found in Madison County. Court documents show final settlement accounts and heir notices related to the decedent’s estate, with clerks and attorneys identified.
MENTIONED IN THIS ARTICLE
Logansport
Ind
Cass County Grand Jury
Phillip Fowler
Libert
James
Joy al Breet
Kokome
Madison County
Andersen, Ling
William Abney
Indiana
Euge Creagmilfe
Suneriiz
Frank T
Mageks
Altarhey
Carnival worker clash leads to wrench attack in Logansport
Report states Fowler told officers he struck Abney with a wrench during an argument over sleeping in a truck at a Dragon Amusement Co carnival in Logansport's shopping area. The piece notes numerous auto plants across 42 states.
MENTIONED IN THIS ARTICLE
Dragon Amusement Co
Logansport
Fowler
Abney
Jover
State Supreme Court Upholds Zoning Board In Removal Order
Indiana Supreme Court upholds the Kokomo zoning board’s removal order against auto wrecking yard operator Harry V De Schamps. The ruling affirms denial of a permit to run the yard in a jet in a none industrial area. due process claim rejected for not being raised earlier.
MENTIONED IN THIS ARTICLE
State Supreme Court
Indianapolis
GPL
Indiana Supreme Court
Board of Zoning Appeals
High Court
Howard Circuit Court
Harry V DeSchamps
Kokomo
Kokoro Board of Zoning Appeals
de Schamps
Also Mentioned on This Page
Thomson & McKinnon
Tokyo
Foreign Ministry
Japan
Muncie Livestock
American Stock Exchange
U.S
Mass
York City
Ohio Policeman
Evansville
Martinsville
Air Force
Ray Connett
William R. Gray
Mooresville
San- Aumerita
White Lick Creek
Connell
Sherwood Forest
Executor Sale Antiques
They Wiley
Hamilton Street
Robert Wiley
Barris W. Avery
Eb, Whelchel
W. Byrne
Lapel
W.s.cs
Methodist Church
Ingalls
Anderson Banking Company
Sarah J. McDaniel
Superior Court
Towit
Cement Road
First Road
First House
Stewart & Austin
Hector Kirk
Madison Heights
Anderson Chamber of Commerce
Ruth Moley
Getrald Smith
Sharon Ann Fouse
Karen Perkins
Keith Apple
Karen Nash
William Edmundson
Connie Fuller
Julie Reeder
John Alley
Carrie Greig
Sylvia Showalter
Ron Chapman
Pat Minnemon
Rosole Teeters
Larry James Wright
Dixie Stewart
Steve Lewis
Mike Wertz
Emmalou Crouse
Patrick Ann Daley
Gayle Gordon
Steve Larmore
Sara Jones
Jane Reynolds
Mary ‘Key Eshelman
Patricia Eble
Medical Society
Organization
Toad
Shimoda
Cam- Delaware Street
Joe
Modore
Matthew C. Perry
Kalen
Um Bradley
Barr
Thei Tel
Bulletin - Herald
Red Church
EsTarr
Tored Asi
Mississippi Valley
Florida
Northwest
North Pacific States
California
Rockies
Central Plains
Great Plains
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