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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Aug 21, 1962
Page
4
A man's fortune takes its shape from his habits as the editorial page reflects on how daily choices build long term outcomes. The reflection underscores discipline, steady routines, and prudent conduct shaping success over time.
An overview of advances in schizophrenia treatment citing drug therapy and tranquilizers. The piece notes a decline in New York hospitalizations since 1955, the use of psychic energizers to calm and lift mood, and ongoing research by the pharmaceutical industry with the medical profession toward healthier, more productive lives.
Washington figures prepared for President Kennedy show stock prices down 18 percent from March to August and the standard and poor index rising. Consumption rose $24 billion in five quarters while savings grew $20 billion, signaling no need for a temporary tax cut.
HOLLYWOOD AP Those off stage moaning noises you hear are probably the anguished cries of the nation's comics about television The durable Red Skelton is preparing to start his 12th TV season by lengthening his show from 30 minutes to an hour He spends two days a week on stage and plans an hour long program while producer Cecil Barker notes Red grows tired of material if overused and will perform with fresh energy on a longer format.
Paul Harvey argues against big government claiming incompetence and waste. He contrasts government with capable individuals and urges restoring limited, essential state functions. He cites rising costs, debt, and poor planning, asserting Americans as better managers and urging restraint on federal expansion.
Purdue engineer Dr. John E. Gibson warns Russia may leapfrog the West into automation. He notes Soviet centers aim to skip mass production and move directly to highly automated factories using advanced learning machines. The possibility looms over industrial competition and national security.
The article analyzes why inventories are kept for five main reasons including insurance against production uncertainties, anticipation of higher prices, ensuring prompt supply amid demand uncertainty, ignorance about stock levels, and bridging ordering delays. It notes some progress in economizing inventories and the potential for further reductions to cut costs and lessen their fluctuation impact.
A national chain launches an experimental program selling original paintings from 15 to 3000 dollars, mostly under 500, to 10 pilot stores with plans to expand to 400. The aim is to bring art to underserved areas while showing how modern retailing seeks to attract every consumer segment. The piece notes progress from old emporiums to today’s diverse shops and briefly mentions beach tanning and sexual themes.
The Commerce Department reports a slowdown in U S firms building overseas subsidiaries and in buying foreign stocks and bonds. Despite some plans to boost foreign capital spending, reduced European growth and unsettled Latin American and Canadian conditions reduce the lure of overseas investment. Some firms still plan higher overseas outlays if tax rules change, signaling mixed prospects for 1961.
Hollywood veteran Donald Crisp warns the star system has grown bloated and costly. He cites spiraling budgets for Cleopatra and Mutiny on the Bounty and urges producers to curb spending and rely on solid storytelling and business sense. The piece also notes Crisp’s long career and current film Spencer's Mountain.
Ruth Millett notes the International Society of Girl Watchers discussed a possible women’s auxiliary called the Guy Watchers. She argues married women lose interest in such “watching” and would not join an auxiliary, since they are focused on their husbands and practical needs rather than sport or social clubs.
Biddeford Maine daily paper lists Adams Street address and staff details. The page includes a crossword with clues and a row of definitions from 12 to 52 across, indicating puzzle content and publishing notes. The text also cites subscription rates and Associated Press ownership rights.
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