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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Jun 21, 1962
Page
11
AP business analyst Sam Dawson notes in a four part series that the Treasury can appear either in the red or the black depending on which set of books is consulted. The piece examines fiscal reporting nuances and investor interpretations across differing accounting views.
New York analysis explains three federal budget types the administrative cash and national income accounts budgets. It notes deficits and surpluses can vary by budget used and outlines why economists question the accuracy of each measure as Kennedy proposes a broader view.
In Pulaski Circuit Court 59 year old Tennie Norman claimed blindness and received a three year suspended sentence after a shotgun death of 73 year old John A Phillips at College Station on January 7. She testified Phillips threatened her and the gun fired as she struggled for it. Judge Kirby reduced the charge from second degree murder to manslaughter.
The Paragould Music Co filed suit in Clay Chancery Court challenging a Piggott city ordinance that bans pinball machines as a public nuisance. The company owned several machines in use until the May 7 ban.
CAPE CANAVERAL Fla AP America s newest weather satellite Tiros V orbits on a hurricane and storm hunting mission. It may mark the first step toward U S Soviet space cooperation by sharing weather data and coordinating future missions. The satellite photographed vast cloud cover including the Soviet Union while NASA officials said images could be shared with Soviet meteorologists. Discussions in Geneva earlier this year opened a path to joint space research and reduced duplication. Further talks are planned in Moscow as Tiros V continues its approximately four month mission, circling every 100 5 minutes at 17400 mph from altitudes 137 to 104 miles. A guidance slip raised its orbit but did not affect the cameras.
A warm breakfast treat Ring Around Coffee Cake bakes in 25 to 30 minutes with an orange flavor and a crisp crumble topping drizzled in confectioners sugar icing. The recipe uses pre measured self rising flour and enriched bread crumb mix for quick morning baking.
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