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Newspaper
Austin Daily Herald
Location
Austin, Minnesota, United States of America
Date
Jun 11, 1963
Page
12
Paul Anka, 21, runs a self-made music empire in midtown New York. The NEA story details his plush offices, busy staff, and the rise of a young star turned tycoon, illustrating how a singer creates a corporate enterprise around his talents.
The article explains how the AP 60 stock average, the Dow Jones 30, and the Standard and Poor's 500 differ due to age weighting stock splits and divisor changes. It notes peak values and lists member stocks for each index. It also discusses how corporate structuring affects earnings for entertainers like Paul Anka and broader tax and business dynamics in music.
President Kennedy may choose his lead negotiator for the Moscow nuclear test ban talks by week’s end. Speculation centers on John J. McCloy, a former German high commissioner and banker with disarmament experience, as the likely choice. The allies plan mid July talks with Soviet representatives seeking a pact to outlaw atomic tests, amid Khrushchev’s guarded responses and unresolved inspection terms.
Ward Johnson 71, a founder of the Long Beach Independent, died Saturday in California of a heart attack. He served as a Republican U.S. representative from California's 18th District.
Washington Rep. Melvin R. Laird announced he will introduce a self help dairy bill aimed at stabilizing milk production to curb surpluses. The plan calls for a nationwide referendum and, if approved, each farmer would receive a lease based on their average output or 75 to 90 percent of parity.
Secretary of Agriculture Orville Freeman told the House Agriculture Committee that the experimental plan could eventually cover roughly twelve times as many needy people. He projected annual costs rising from 50 million to about 360 million as the program becomes permanent. The pilot serves 327 752 in 42 areas across 21 states with stamps bought by participants and additional free stamps, redeemable for domestically produced food at regular stores.
The Red Rock Township Board of Review in Mower County Minnesota will meet at 9:30 A.M. on Thursday June 20 1963 at the Town Clerk’s office to review and correct 1963 assessments. Aggrieved residents may appear to contest their own or others property valuations. No action on complaints about others’ assessments without notice to the affected party. E M Ru Clerk dated June 1963.
In Nashville the Opry Corner Cafe was quiet when a man posing as a repairman assisted operator Howard Freeman. While Freeman held a basement switch the man fled with $40 from the register after threatening to beat the thermostat.
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