Conservatorship used at Exeter bank under new comptroller
Washington AP government invokes 1930s law for first time in 25 years placing First National Bank of Exeter under conservatorship after a $440,000 shortage. Depositors may withdraw 20 percent. FDIC insured up to $10,000. Two former officials, August J. Lippi and George J. Daileda, are charged with embezzlement. Saxon seeks swift reorganization while noting solvent status and possible sale or capital infusion.
MENTIONED IN THIS ARTICLE
Washington
James J. Saxon
Saxon
First National Bank of
Exeter
Federal Deposit Insurance Corp
Exeter Bank
August J. Lippi
George J. Daileda
United
FDIC
Slill
Pittsburgh Milk Price Clash in Merger Talk
Pittsburgh leaders and railroad executives meet amid opposition to a proposed rail merger while discussing a 28 cent per quart price for home delivered milk. University of Illinois economist Dr Roland Bartlett criticizes high prices and urges abolition of state controls, citing a need for efficient distribution and affordable dairy substitutes.
MENTIONED IN THIS ARTICLE
Bal Harbour
Fla
E. Perluan
Ova
Ork Central
James M. Pittsburgh
Symes
Pitts
Pennsylvania Railroad
Burgh
Ber
Injlo
Hines
Alfred
State Milk Control Commission
Roland Bartlett
University of Illinois
Bartlett
Pittsburgh
Boston
Tots Give 101 to Jackie for White House heritage
Students at W. D. Thomson Elementary School raised 101 in nickels and dimes for Mrs. John F. Kennedy, sending a dedication scroll and letter from seventh grader Ginny Anderson. The piece notes rail unions disputing merger benefits and urges a nationwide transport study before further consolidations. It mentions AFL-CIO actions and a 27 member Labor Management Advisory Committee debating dispute resolution powers.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
W. D. Thomson
John F. Kennedy
Ginny Anderson
Kennedy
Labor Management Advisory Committee
DNA The Code Inside Your Cells
Giant molecules of nucleoprotein called DNA contain the code that tells each body cell how to grow and what to do. The explanation outlines DNA as the master blueprint guiding development and function.
Twelve Face Tax Cheat Charges in Hammond Indictments
Twelve present and former Lake County officials, including Gary Mayor George Chacharis and Sheriff Peter Mandich, are to be arraigned in U S District Court on income tax charges. The 1955 Hammond City Council members and Gary officials are named in multiple indictments, with assets and unreported income cited, following the Holovachka tax case conviction.
MENTIONED IN THIS ARTICLE
Hammond, Ind
Lake County
U. S. District Court
George Chacharis
Gary
Peter Mandich
Hammond
Metro Holovachka
Holovachka
Chacharis
Harold Zweig
Zweig
Mandich
John Diamond
Péter Chacharis
William Chulock
Chicago
Missouri Dredging Co
Arthur L. Bradburn Jr
Homer Wolf
Elmer Rose
Adolph Hitler Swiontek
Nicholas Gasparovic
Navy Shelter Morale Good in Bethesda Test
The Navy reports morale is good among 100 sailors in a 25 by 49 foot Bethesda shelter during a two week isolation test. Temperature rises from body heat, no seating, and periodic decontamination checks simulate radiation. A TV camera monitors reactions as volunteers endure the mock confinement.
MENTIONED IN THIS ARTICLE
Washington
Navy
Bethesda
Bethesda Naval Hospital
Peaceful Exploration and Military Imprint in Space
President Kennedy faces a knotty problem guiding peaceful space exploration amid military implications. NASA pursues civilian-led programs while allies track rocket and satellite advances, raising questions about dual use and future manned stations.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Whrushchev
United States
Soviet Union
Portant Roy
Yuril A. Gagarin
Gherman S. Titov
U.S
John H. Glenn Jr
Cece
Aeronautics and Space
NASA
GOP Seeks Candidate Agreement in Pennsylvania Gubenatorial Drive
In Harrisburg sources report Republicans narrowing to a compromise candidate to avert a May 15 primary clash. Potential figures include U S Rep William Scranton and State Senators Shafer and Scott as talks gain momentum amid factional friction.
MENTIONED IN THIS ARTICLE
Harrisburg
Robert E. Woodside
U.S
Hugh Scott
Jane
William W. Scranton
Dalton
Lackawanna County
Raymond P. Shafer
Meadvile
William %. Scott
Lansford
Democrats Weigh Primary Battle in Pennsylvania Governor Race
In Harrisburg Democratic leaders consider a May 15 primary fight for the governorship. Key figures Richardson Dilworth and Rep. William J. Green Jr. dominate discussions about nominations while others like Gov. Lawrence and Lt. Gov. Davis weigh potential candidates. Barr predicts a committee endorsement for Dilworth, with about 60 of 72 members likely backing him, as Miller and McClelland enter the scene and Woodside faces ongoing speculation.
MENTIONED IN THIS ARTICLE
Harrisburg
Pennsylvania
Democratic State Committee
Democratic Policy Committee
Capitol
House
Richardson Dilworth
Philadelphia
U.S
William J. Green Jr
Dilworth
Green
Lawrence
Joseph M. Barr
Pittsburgh
Barr
LaSalle College
Actress Gloria McGehee Not Named Bank President
In Meadville Mississippi AP report says Gloria McGehee will not be president of Bank of Franklin. Her mother, widow Dani R. McGehee, states a president has been chosen John Wollinger. McGehee owns a small share and will not attend the directors meeting.
MENTIONED IN THIS ARTICLE
Meadville, Miss
Gloria McGehee
Dani R. McGehee
Bank of Franklin
Washington
Meadville
McGehee
Hollywood
Board of Directors
Washington’s Birthday Super Sales Mark 330th Anniversary
Washington shoppers braved rain and crowds for sales as merchants marked George Washington’s 330th birthday. Typewriters and used TVs drew buyers at bargain prices with first come, first served limits. The day included jumbo newspaper editions, parades in Alexandria, a Mount Vernon pageant, and a Washington tomb ceremony with a military retirement reenactment.
MENTIONED IN THIS ARTICLE
Washington (Ap
George Washington
Rappahannock
Washington
Evening Star
Post
Georgetown
Fryderyk Chopin
Atardy
Alexandria
Mount Vernon
Army Seeks 560 German Shepherd Dogs for Bases
The Army urgently needs 560 pure bred German Shepherd dogs for guard duty at Army and Air Force bases and plans to acquire 1,700 more this year. Eligible dogs must be 1 to 3 years old, stand at least 23 inches at the shoulder, weigh a minimum 60 pounds and be physically and mentally sound. Purchases handled by the U S Animal Procurement Office at Lackland Air Force Base San Antonio Texas.
MENTIONED IN THIS ARTICLE
Washington
Army
U.S. Animal Procurement Office
Lackland Air Force Base
San Antonio
Tox
Fanfani Forms Left-Leaning Italian Coalition Cabinet
Rome AP Premier Fanfani sworn in with a 24 member cabinet composed mostly of Christian Democrats plus Democratic Socialists and Republicans. Socialists provide parliamentary backing though not in cabinet. alliance aims to isolate Communists and reassure Western allies with Giulio Andreotti as defense minister and Antonio Segni as foreign minister.
MENTIONED IN THIS ARTICLE
Rome
Amintore Fanfani
Italan
Fanfani
Pietro Nenni
Giovanni Gronchi
Gronchi
Christian Democrats
Nenni
Alcide de Gaspeci
Giulio Andreotti
Antonio Segni
Fantani
Italy
Talks Continue In Pittsburgh On Steelworkers Contracts
In Pittsburgh AP reports top level negotiating teams continued talks today to reach contracts for about 430000 basic steelworkers.
MENTIONED IN THIS ARTICLE
Pittsburgh
Patch Heart Girl Meets Caroline Kennedy in White House
Eleven year old Memi Papacotsis of Greece, awaiting heart surgery, visited Mrs Kennedy and Caroline Kennedy at the White House. Memi received a china bird, toured the nursery, met John F. Kennedy Jr., and met the dogs Charlie and Pushinka while the First Lady presented stamps and bid her farewell with a kiss.
MENTIONED IN THIS ARTICLE
Washington
Caroline Kennedy
Caroline
White House
Chrysanthemis Papacotsis
Chrysanthemis
Memi
Executive Mansion
John F. Kennedy
Greece
Walter Reed Hospital
Spiridon Papacotsis
Also Mentioned on This Page
Delaware
Federal Reserve Board
Justice
Louis Ashley Mertz
Hicksville
N.Y
Glenn John Ashley Mertz
Freeport
John H. Glenn
D Jr
AP Wivephoto
Jackie
Nyc-Pennsy
Ane Rai
Umy Wemen
Rai
Commission
Country Belle Cooperative Farmers, Inc
Ginny
Mrs. Kennedy
Ween
George M. Harrison
The
Brotherhood of Railway Clerks
George E. Leighty
Railway Labor Executives Association
Afl-Cio Executive Council
Balding Window
Trantinos Haw
By Spilhaus and Evans
Dwight D.tary
Eisenhower
Vanguard
Listic
Union For
Ghiantide Narreatad Tha Tosh
Hayward
Wis
U.S. Army
Elwood Arsenal
Joliet
Charley Bilelle
Joe Trepania
Steve Taylor
Basket Company
Goren J. Savage
Arsenal
AP. Wirephoto
GOP
John Carl Miller
D-Beaver
William D. McCleljland
Allegheny County Commissioners
Woodside
Frank Hilton
Cambridge Springs
Scott
Weodside
George M. Leader
Northampton County
Clinton B. Palmer
Berks County
Warren B. Hess
Supreme Court
Michael A. Musmanno
Ee Rorkman
John Morgan Davis
Walter E. Alessandroni
Stephen McCann
D-Greene
Josef S. Clark
Genevieve Blatt
Gal
China
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