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Newspaper
Austin Daily Herald
Location
Austin, Minnesota, United States of America
Date
Jun 28, 1962
Page
9
At Langley Air Force Base Walter M. Schirra Jr. says his wife Jo sensed years ago that he would be the next American in space. The Navy commander, named officially Wednesday to the next orbital flight, attributes the warning to a wife's sixth sense.
General Mills on Wednesday announced net earnings of 10.15 million dollars for the year ended May 31, about 1.25 dollars per share, down from 12.8 million and 1.63 per share the prior year. It cited feed losses and intense flour competition as main causes and noted plans to exit the feed business.
The Federal Area Redevelopment Administration approved two Ely Minnesota projects a $93600 loan to Kainz Brothers Sawmill and a $32000 technical assistance grant to the Ely redevelopment agency. The sawmill loan aims to create 40 mill jobs and 40 lumbering positions while the grant funds a feasibility study for timber processing expansion including wood pulp hardboard wood fiber and sheeting board.
Concord area ad misprint listed tombstones for sale. Mrs. D. J. Faggart said the intended item was two trombones priced at 60 dollars each. She received many replies before correcting the mistake in the Concord Tribune.
Chicago report states the National Safety Council accepted its own highest safety award for 3 million man hours worked without a disabling injury or lost day. The plaque commemorates the milestone achieved by the council and its members.
John M. Macoveiak Jr speaking at an ASME meeting outlined plans for a spaceship to orbit Earth about 500 miles up to survey the celestial sphere. The project is a joint effort of the University of Wisconsin and the Smithsonian Astrophysical Observatory with Grumman Aircraft Corp. of New York involved in preliminary design.
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