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Newspaper
Childress Index
Location
Childress, Texas, United States of America
Date
Jun 18, 1961
Page
8
New York report outlines payola as an underground, cash-and-play system shaping radio airplay. With about 3,000 record companies releasing hundreds of singles yearly, disc jockeys face pressure from promotional tactics, chart manipulation, and gifts, while some executives condemn pop music as a huge crap game.
Wall Street analysts describe a firmer trend as a sign of a wider upswing. They cite early phase advances in cyclical stocks and a target Dow area of 730 740. Semiconductor competition rises while margins fall though big sound producers may thrive. Chrysler earnings pale against Ford and GM margins in 1960.
In Cincinnati Ohio UPI reports Paris Woolum 36 was fined 11 dollars for speeding after a June 1 police stop. He slowed to 11 mph, then was ticketed for driving too slow and fined again. Dallas police suspect a shotgun blast damaged a company portrait of the firm president worth 3500 dollars.
In Washington DC autos clash with monuments as Rep Basil Whitener pursues a traffic hazards subcommittee to decide whether famous figures should be moved. Jefferson is dirt tainted. Bryan statue is loaned to Salem park for three years. Garfield may lose his place if hot rods prevail.
James R. Money reported a nighttime break-in at his Sherman Oaks apartment in which $235 was stolen from his trouser pockets. Police are investigating the incident as a theft.
Almanac style recap notes key events on this date: 1812 US declares war on Britain. 1815 Napoleon defeated at Waterloo. 1935 Hitler signs pledge on navy size. 1945 Eisenhower returns to Washington to cheering crowds. Also includes celestial and thought-for-today line referencing Hitler.
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