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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Aug 06, 1962
Page
4
Thought for the evening counsels caution in friendship, noting that a person with a thousand friends has none to spare. The aphorism prompts readers to value quality over quantity in social ties and reflect on generosity and reliability.
Twenty seven students from 15 countries in Chicago's Hull House held a candid symposium on American life. They noted hard work and high living standards, but warned Americans are poorly informed about other nations. They praised democracy yet feared bigness, machine pressure, and centralized government shaping global history.
Representative Aspinall of Colorado urges end to subsidized REA loans. He notes government borrowing costs rising since 1944 and says REA cooperatives should pay the same long-term rate as the government. He argues only self-supporting entities deserve to stay in business.
The Administration moves to restore confidentiality for company retained copies of Census reports, aligning with business demand after the Supreme Court ruled such copies are not confidential. The Budget Bureau backs legislation to extend protection to reports and data, aiding prompt, reliable statistical collection without legal delays. Also includes miscellaneous adage-style remarks.
Washington stories share anecdotes from Bobby Shriver to Barry Goldwater and officials. Bobby Shriver challenges his father with Lincoln and Uncle Jack as benchmarks while Goldwater jokes about air conditioning and pigeons. McNamara aides discuss Rome list delays, a Shrew prop uses Congressional Record tears, and DiSalle scolds watered-down civil rights talk at governors’ meet. Ohio leader mocks hospitality with a host of quarreling youths.
Hollywood reports a busy TV season with producers repeating safe formulas and stars offering familiar assurances. NBC hires Ed McMahon to replace Johnny Carson. Desilu Cahuenga hosts comedians at lunch. Andy Griffith weighs keeping the show and adding a nurse in Mayberry. Bob Hope prepares NBC specials with Crosby Ball and Prowse. Crosby Ball and Prowse slated for Oct 24 special. Benny Merman Darin slated for November.
The article highlights blue chip General Electric and Westinghouse as solid holds with dividend yields, notes Endicott Johnson restructuring, and Chrysler’s promising future under new management. It also mentions J I Case’s new president and a favorable market climate for speculative equities in 1963 and 1964, ending with an overall optimistic tone.
Investors Forum notes favorable weather for speculators with unclear economic skies. It highlights steel stocks like U S Steel, Bethlehem Steel, and Youngstown Sheet and Tube as prime targets, trading near or below 1962 highs with dividends noted and volatility warned. Electrical equipment firms General Electric Westinghouse and Allis-Chalmers are named as risk takers’ buys at current levels.
Veterans Agency official warns that paying during the 31 day grace period has led to many lapse of valuable GI insurance policies for hundreds of Maine veterans in recent months. Dr. Joseph S. Weltman advises making up missed payments and suggests annual semi annual or quarterly premiums to save time and money. Do not mail cash. use checks or money orders for proof of payment and safety. Information on cost and scheduling is available at VA offices.
The reader asks how much to speculate with given a $60,000 net worth. The adviser replies to risk at least $15,000 and to manage speculation aggressively.
Retired railroad man Bill Sims turned his love of dogs into a dog walking feeding and boarding service. He built kennels, networked with dog owners, and now earns extra income while staying active and meeting new people.
Advertisers must pay postage in rural city mail boxes and money orders payable to joint payees require signatures from both payees. The purchaser’s money orders may name multiple payees but are payable to any one of them.
A compact set of crossword clues across and down covering common zoological terms, greetings, names, and geographic or cultural references. Includes horned vipers, an Alaska governor, Greek roots for life, and various 4 and 6 letter entries with thematic connections to language and culture.
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