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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 21, 1962
Page
4
Railroads furlough non operating workers to offset a 10.2 cents per hour raise. Illinois Central cut 650 jobs and Rock Island 300 workers. Northern Pacific also imposed furloughs with more cuts expected. The gain does not reach furloughed workers who bear the burden while business receives the benefit.
The Alabama House adopted a resolution praising Paul Bryant with boastful language about the coach and team. The author notes the body then slipped from decorum and laments the legislative body for violating its oath and failing to uphold the constitution and fair reapportionment.
The Tennessee Valley Authority expects Gen Herbert D Vogel to resign on June 30 ending a nine year term. The letter proposes Aubrey J Red Wagner to succeed him, praising Vogels service and urging Kennedy to choose a non political, qualified administrator dedicated to TVAs original purpose.
A New York business circles survey shows widespread anti Kennedy sentiment among bankers who fear policy has harmed business and sparked stock market decline. Some bankers warn continued hostility could push the economy toward recession while others urge cooperation with government and Europe.
Arlie B Davidson urges readers to choose wisely to improve personal life and raise community standards. She advocates new ventures, constructive loyalties, useful citizenship, and aligning goals with social progress while avoiding harmful choices.
Drew Pearson reports on Alcatraz as he walks the catwalk with assistant FBI director Fred Wilkinson. He notes transfers of inmates like George McCoy, cites the prison’s staff bonds and reform efforts, and highlights the mix of inmates by race and origin. The piece also profiles prison leadership, inmate demographics, and the challenging conditions of federal penitentiaries.
Sylvia Porter analyzes the New York Stock Exchange floor in the wake of the late May crash. She notes a massive trading area swollen with activity, millions in money moving, and fortunes gained or lost during the chaotic May 28 period as brokers execute buy and sell orders amid high drama. Keith Funston, NYSE president, leads a delegation of vice presidents onto the bustling floor.
McGill scholars discuss how language hearing shapes speech with Prof. Andre Rigault noting national ears differ and the electronic ear can scramble sounds to test pronunciation. The piece moves to NYSE trading mechanics, detailing order flow, price quotes, and ticker updates as a live example.
In Harrodsburg Kentucky an historian hired to write a Kentucky pioneer pageant called Daniel Boone ignorant careless and probably shiftless He added that Boone was not a rascal but a very exciting and colorful figure He spoke to an audience amid Boone descendants and admirers referencing his legacy with candor
About 67,000 vehicles disabled are helped each year with emergency service along the New York State Thruway, reflecting the system’s extensive roadside assistance network and strong support for motorists.
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