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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 17, 1961
Page
4
United Press International reports rising expectations that Congress will examine the securities business following the SEC announcement of an investigation into the American Stock Exchange. The development signals potential major scrutiny of market practices and regulatory oversight.
A 1960 report shows Western Electric spending 75 426 000 on Indiana suppliers aiding the Bell System, with 1 064 firms and 8 500 Indiana workers. The Citizens Council warned of violence if race tensions persist as CORE's Gordon Carey cites anti integration threats and federal probes touch Freedom Riders. The Elwood revival services, Landon Guild election at Mercy Hospital, and local club notes follow.
United Press International reports Dr. V Ernestine Moore of Wilmington Trust says women increasingly join banking, citing higher average pay and strong growth prospects. She notes women control much of household finances and that starting salaries are competitive with other fields. Once promoted to officer, women can reach five to fifteen thousand dollars yearly in larger cities. Banking also offers strong fringe benefits and opportunities in public relations, personnel, trust work, research, and development.
Mrs Rector Club held a May 17 gathering with twelve members and four guests. Hostess presented each member a hat pin. speakers included Dr Moore who noted graduates and future plans. Several members attended funerals and visited Indianapolis hospitals. the group includes Mrs Leafy Noble and Mrs Violetta Ellis.
Iva Mullins doing business as Exterior Contracting Company sues George H Gray and Dorcas Gray to foreclose a mechanics lien and obtain an order of sale. Burton McClintock Associates Investment Co sue Basil Gordon and Sandra Sue Gordon for breach of contract and deficiency balance. Marion Withers files. Patty Cook vs Dale R Cook seeks a divorce. J Bayne Burton represents Barbara E Box vs Donald R Box for divorce.
Two Anderson policemen were named officers in the Indiana State Identification Association during a two day session here last week Captain Robert Morris was named 2nd vice president and Detective Doyle Wright was named a director Anderson officers attending in addition to the two office holders were Detective Clem Russell and Officer Charles Hamilton About 30 identification officers from throughout the state attended the meeting Tolstoy War and Peace film slated by Soviet Tass report.
Middletown residents report wintering in Florida and hosting guests. Several locals and relatives are mentioned as hospital patients and visitors. A move to shift the Monroe Township Farm Bureau meeting to May 18 is noted to avoid school commencement conflicts.
Summitville and Lapel high schools released graduation lists. Summitville commencement is May 19 with graduates including Kay Becraft and Rex Dunlap. Lapel High School commencement is May 25 with graduates such as Steve Ashton and Kay Baker.
Washington, UPI. Organized labor and business criticized President Kennedy’s proposed $17 billion business tax cut. AFL-CIO urged low and middle income families receive relief first while business groups demand immediate relief with fewer strings. Ruttenberg warned relief to business risks imbalances and recession, proposing revenue redirection to cut individuals’ taxes instead.
The Weather Bureau issued river stage readings for Indiana showing several rivers at various levels on Wednesday. Notable values include White River West Elliston 15.02 falling and Edwardsport 18.5 rising, with multiple towns such as Petersburg Hazleton Shoals and Terre Haute reporting falling stages and a few rising spots like Edwardsport.
Funeral services for Ernest C. Angell a 7 retired railroad worker who died Sunday at his Phillips Addition home will be at 10 am Wednesday at Davis and Strick ter Funeral Home Brothers Jack Jones officiating Interment at Park View Cemetery Friends may call at the funeral home Also last rites for Lewis Earl Small 78 were held Monday at Earl M Kyle Funeral Home with Rev Herschel M Reed conducting Interment in Windfall Cemetery
Purchases of mutual funds in the National Association of Investment Companies in April eased from March’s peak but remained $69 million above the previous year. In Cleveland, Nickel Plate Railway stockholders voted to approve the merger into the Norfolk and Western system.
Daily YMCA notices show a packed timetable including Christian business sessions at noon, tax related discussions, Lady Lions dinners, Sertoma and class of 1936 meetings, women’s fitness classes and swims, men’s college swim, girl and teen programs, Tri-Hi-Y basketball, mother daughter swim, and badminton.
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