15 Sep 1962
Page 1
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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Sep 15, 1962
Page
1
Warmer weather tomorrow should lift temperatures into the high 10s or low 805. Morning fogs and gentle winds will forestall any extreme heat. Hayward temperatures show yesterday's high and today's low.
Washington AP Billie Sol Estes raided his companies cash and checks totaling 156000 during March and April as he faced arrest. A.B. Foster, former Estes general manager, testified to the Senate Investigations subcommittee that Estes diverted funds from treasuries. Mundt said documents showed Estes sold heavily mortgaged properties to farmers he did not own.
Estes arrest and collapsing business empire loom over congressional hearings on government farm programs. Committee members, led by John McClellan, push testimonies as witnesses recount alleged favorable treatment and missing funds.
Washington report notes economists studied new indicators suggesting the August stall in the economy. Estes gained by selling land to farmers holding allotments and then leased the land with allotments back to Estes. The text references a U S government context and scattered garbled phrases.
Statewide forecast through Sunday shows fair conditions with coastal and morning fog in some areas. Highs range from the mid 60s to mid 90s, cooling slightly inland. Winds generally gentle, with warmer conditions later in the period across Bay Area, Salinas Valley, and Monterey Bay regions.
Rain and cooler temperatures spread across the nation as autumn neared. Midwest and Plains districts, including Kansas City Missouri, Springfield Missouri, Wichita Kansas, and Omaha Nebraska, recorded heavy downpours with up to 4 inches in spots and bursts near three quarters of an inch.
Entry details a record class matter under Congress act with communications address and multiple California offices listed in Hayward San Leandro Fremont Livermore and Oakland regions. Subscription rates are noted, with daily and Sunday pricing and an audit bureau circulation membership implied.
The report notes August retail sales weakness and a small rise in personal income while building activity flags and unemployment edges up. Yet a Commerce Department view projects factory sales hitting a record 102.25 billion in Q4 as manufacturers expect gains into year end. The Federal Reserve indicates mine and factory output dipped 0.1 percent, with slight gains in business equipment and steady materials, alongside declines in home goods and a modest uptick in iron and steel output.
Nixon wraps a 3000 mile opening campaign tour in his run for governor, with 13 stops in Riverside and Los Angeles counties. He attacks Gov. Brown over growth, taxes and anti-business policies, detailing proposals on fish and game, lumber, education against communism, and pledging more plans in coming weeks.
New York reports scattered demand for individual issues driven by chart considerations as averages edge forward. Five day trading volume reached 14,634,055 shares, up from the prior holiday week and slightly below last year’s level.
In Mineola New York a judge ordered former priest Walter A. Ryan now 52 to pay 200 dollars monthly child support to Alice Ryan 41. The ruling leaves paternity of a fourth child unsettled while ongoing damages suit seeks 2.3 million from the Roman Catholic Church and officials over claims of abduction and family separation.
A B 58 bomber near Butter ville Indiana crashed Friday night killing three crew members and scattering burning debris along a six mile stretch. The pilots were Lt Col John J Trevisani aged 40 from San Francisco navigator Capt Arthur Bertha Freed of Mahopac New York and Capt Remanio P Moure of Spain. The accident occurred at Bunker Hill Air Force Base Peru.
Almanac notes Saturday September 15 1962 the 258th day with 107 to follow and the moon near last quarter. It lists Virgo births and cites events from 1789 state department creation 1935 Nazi persecution 1940 RAF downed 185 German planes 1942 siege of Stalingrad. A thought by Benjamin Disraeli closes the entry.
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