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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 30, 1962
Page
2
New York stocks halted a dizzy rally and faced a holiday pause after a steep fall. The Dow rose 27.03 to 603.96 while the AP average jumped 8.90 to 220.10, marking the largest one day gain since 1929. Analysts weigh whether the momentum can carry into Thursday.
Washington AP An agriculture department official defended keeping Billie Sol Estes bond at 700000 for storing millions in government grain. Carl Miller testified he met Estes twice and said no favors or pressure affected the decision. An independent audit raised Estes net worth to 13.7 million, supporting the bond.
Two U S military advisers missing near Houei Sai in Laos were found five miles from the outpost after pilots spotted smoke signals. They were flown to Houei Sai, examined at Tom Dooley hospital, and returned to duty with Laotian royal forces as clashes continued near the Thai border.
U.S. Representative Schwengel of Davenport urges a written foreign policy statement and expanded U S information program. He spoke at Memorial Day services in Cedar Memorial Cemetery after a parade down First Avenue from Lindale Plaza. He advocates freedom of speech religion from want and fear plus a proposed fifth freedom movement to lower walls between cities and nations. The outside challenge cited is Communism.
The 1962 campaign reports a budget of 16.00 with Yet to be raised 3438.03. Donations list many memorials from diverse donors and organizations including Trinity Lutheran Church Central Park Presbyterian Camp No 4 United Spanish War Veterans and Boulder Colorado. Key names appear with varied amounts such as 250.00 75.00 20.00 and 10.00, honoring individuals like Johnnie Helen M. Klinger and many others. The total currently tallies 6169951 in some figures and six thousand one hundred ninety nine dollars fifty one cents in others.
Kenneth Kowalchuk 12 fell into a 450 foot shaft while chasing a squirrel with a friend. Rescuers found him after 10 hours. the body was brought up as officials warned of unsafe timbers and possible collapse. Bill Kreiger, 12, alerted rescue crews.
SIGOURNEY AP Gayne Gilbert Smith 24 sought in the slayings of five relatives was captured after a farmer tracked him through rugged countryside. Authorities say Smith, tied to a Martinsburg farm massacre, was dragged from a hay bale at a barn and faced murder charges in Keokuk County.
Iowa City residents learn that trucks larger than pickups are banned on Highway 218 south of town due to high water and undermining of the highway bridge. Patrol cites roadway undermining and undercut pavement at the bridge ends with the ban in effect until further notice.
Adolf Eichmann asked Israeli President Ben Zvi to spare him from the gallows after his conviction as a major accomplice in the Nazi massacre of Jews. His West German lawyer Dr. Robert Servatius filed the appeal and asked clemency on his client's behalf.
AP reports four cars crashed at the 5.00 northwest turn of a 560 mile race in Indianapolis. Jack Turner of Seattle was taken to the track hospital and remained conscious. Coroner rules Pauline Stewart 4 suffocated by plastic bag while pretending to be an astronaut.
In Prince Frederick Maryland five Bowie State Teachers College students died and two were badly hurt when their car missed a curve on a southern Maryland highway. State police said the vehicle exited the road, went through a cemetery, and struck two trees about 220 feet from the braking point.
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