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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Feb 25, 1964
Page
8
New York AP reports that as President Johnson ends his first 100 days, business conditions brighten. Analysts cite improved confidence and early policy signals boosting markets and investment activity.
A Navy pilot Lt. Edward A. Dickson from Wyoming, Pa., survived a 1,000 foot fall when his A4 Skyhawk ditching went wrong after the parachute failed to open. He was rescued at Sierra Nevada near Bishop, California, and recuperates at Oak Knoll Naval Hospital Oakland. He expects to drive again only reluctantly.
Ohio Governor Rhodes backs efforts to create a Northern bloc at the Republican convention. He aims to unite Ohio Pennsylvania and New Jersey with Governor Scranton as a potential favorite son rallying point to block Goldwater or Rockefeller early on. Plans extend beyond the three states toward a broader bloc.
AP analysis notes the 1960s posted steady but not spectacular gains from 1960 to 1963. Production rose from 502.6 to 600 billion dollars, personal income climbed to 375 billion, and corporate profits reached 27.5 billion, yet excess capacity, cautious spending, and a young/old-skewed population restrained a true boom.
The Washington Cathedral trustees announced a plan to complete The Cathedral Church of St. Peter and St. Paul within 10 to 15 years, cost about 16 million, beginning immediately with a 1 million loan to avoid disruption. The project will finish half the nave and the west towers, retaining its status as a national church and major Washington landmark.
Hollywood AP The film Tom Jones led the Oscar nominations with ten, while Cleopatra followed with nine and How the West Was Won eight. Other notable nominees included Hud seven, and This Sporting Life surprising for best actress with Rachel Roberts among the contenders. The Academy Awards are set for April 13.
In Lagos prime minister Balewa opens the OAU foreign ministers meeting with a growth oriented outlook. Ministers from 33 nations discuss aid to rebel groups in Portugal Africa, East Africa mutinies, and Ghana’s call for a continental government. Gabon misses due to earlier revolt. French troops quelled it. Conference of heads of state slated for June.
President Johnson's daughter asks to spell her name Luci instead of Lucy. The National Symphony Orchestra announces Luci as honorary chairman for Music for Young Americans, a series of free concerts for high school students in Washington April 17 to May 21. Mrs. Johnson's press secretary says the spelling shift reflects Luci's teen years.
Broadway showman Billy Rose has earned an estimated $10,000 per hour since Oct 15 1963 as the NYSE remains open. His ATT and railroad stakes rose by millions with AT&T profits exceeding $8 million for his large individual holdings.
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