Kennedy aides ease rift with business on tax write-offs
In a White House push toward industry, Treasury Secretary Dillon signaled imminent liberalization of depreciation write-offs, a move expected to save businessmen about 1.25 billion dollars in 1962. UAW and steel leaders pressed inflation restraint as Kennedy urged wage and profit restraint, while labor and stock markets showed mixed moves across the week.
MENTIONED IN THIS ARTICLE
Jack Lefler
AP Business News
NEW York (Ap
Kennedy
Secretary of the Treasury
Douglas Dillon
Business Council
Hot Springs
Roger M. Blough
U.S. Steal Corp
The
Blough
Dillon
Council
Treasury
Henry H. Fowler
Brough
United Auto Workers Convention
Atlantic City
Labor Department
New York Central
Pennsylvania
UAW
Walter P. Reuther
Republic Steel Corp
T. T. Patton
Congress
Theindustry
New York Stock Exchange
Exchange
SEC Probes Plan For Public Hearing Reforms
The SEC seeks a plan to shape testimony and public records from hearings on securities sales practices. Investigators aim to determine if new laws or rules are needed while Congress directs a full review of the securities industry. Milton Cohen cautions the study does not single out firms as model or worst.
MENTIONED IN THIS ARTICLE
Congress
SEC
Securties
Milton H. Cohen
Eastland County Sets Beer Wine Election
Eastland County commissioners set June 9 as the date for a Ranger referendum on beer and wine sales. The action was unanimous after a petition with 318 certified names was received. A 284 signature threshold was required.
MENTIONED IN THIS ARTICLE
Eastland
Eastland County
Ranger
False Teeth That Loosen Need Not Embarrass
Many wearers suffer embarrassment from plates dropping or slipping at the wrong time. Sprinkle FASTESTH the alkaline powder on your plates to hold teeth more firmly and feel more comfortable. Dora met sour checks plate odor breath. Get FASTEETE at any drug counter.
Submarine Sam Houston to join patrols after tests
CAPE CANAVERAL Florida AP The nuclear submarine Sam Houston will join six other Polaris firing subs on operational patrols after completing test firings. The Houston crew fired Polaris while submerged 50 miles off Cape Canaveral. The Thomas Edison arrives for its first Polaris firings as a Minuteman ICBM launched from an underground silo on a 3600 mile test flight.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
Sam Houston
Houston
Thomas Edison
Oil and gas well completions rise in week
A Railroad Commission report shows 204 oil and 189 gas wells completed last week. Year totals reach 3,642 oil completions and 1,264 gas completions. Wildcat activity includes 45 oil, 52 dry holes and 45 gas wildcats. Calendar day allowance stands at 2,726,268 barrels as of May 12.
MENTIONED IN THIS ARTICLE
Austin
Railroad Commission
Tennessee Man Might Lose Both His Wives
Rogersville Tennessee AP report on Benet Donald Morelock facing divorce from Darlene Good Morelock for mistreatment and an annulment or divorce petition from his second wife Janice Ann Arnold Morelock. Janice says she married in March 1960 and learned he already had a wife.
MENTIONED IN THIS ARTICLE
Tennessee
Rogersville, Tenn
Benet
Donald Morelock
Darlene Good Morelock
Janice Ann Arnold Morelock
Morelock
Space Needle Height and Dining Feature at Seattle Fair
AP reports on the Space Needle at the Seattle World's Fair. The 600 foot tower rises above multi area dining spaces, with the Eye of the Needle revolving restaurant at the top and an elevator ride offering views of Olympic Mountains Puget Sound and Mt Rainier.
MENTIONED IN THIS ARTICLE
Seattle
Laiter
Retina
Eiffel Tower
John Exposition
Graham
Space Needle
Olympic Mountains
Puget, Sound
Cascade Peaks
Mt. Rainier
Also Mentioned on This Page
Washington
Bacherilles and Exchange Commission
Bache & Co
Bache
Harold L Bache
Curtis-Mathes
Fabulous
TV Values
Baytown’s
the Westchester
Sarasota
Vermont
Baytown
Gene
Direct Factory Sound
Sis
Antares Synificate
Tac
Fedders
Aren Ratad
Rae
Ano Trae
Uae
Coa UC CT
Seleelelemrs
Texas
Just
Wilkenfeld
SEARS
Deana
Nia
Jae
Harmony House
Ada Co Oe
West
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