Liston finance men face probe in boxing promotion case
Senate hearings reveal Sonny Liston transferred 275 of his 500 Inter-Continental stock shares to Sam Margolis and later to Salvatore Arena. Jack Nilon, Liston’s adviser, said he did not question the transfer and acknowledged Liston’s heavy reliance on Nilon in managing business matters. Subcommittee aims to determine if federal boxing regulation is needed and whether past underworld ties were severed.
MENTIONED IN THIS ARTICLE
Washington
Jack Nilon
Sonny Liston
Alway
Liston
Inter-Continental Promotions Inc
Cassius Jay
Inter-Continental
Sam Margolis
Philadelphia
Nilon
Sonny
Senate Antitrust and Monopoly Subcommittee
Margalis
Bob
Jim
Bob Nilon
Philip Hart
D-Mich
Underworld
Garland D. Cherry
Chester
Cherry
Een
Internal Revenue Service
George Katz
Margolis
Nilons
Salvatore Arena
Cher
Faubus Faces Voter Regulation Showdown in House
The House Rules Committee moved on 10 registration bills and wrote do pass on three copies of the council bill naming registrars. Debate centered on party affiliation with a proposed optional designation, a point Faubus supported as harmless while Van Dalsem pushes for stronger loyalty rules. Elsewhere, 17 other items from the special session were mostly budgeting moves to secure federal funds.
MENTIONED IN THIS ARTICLE
House Rules Committee
House
Croxton
Pulaski County
Doug Brandon
Legislative Council
Senate
Robert Harvey
Swifton
Council
Chicot County
Ben Bynum
Perry County
Paul van Dalsem
Faubus
van Dalsem
Inter-Continental promoted Liston clay fight profits tied to stock swap
Cherry testified he checked with Jack Nilon about the Liston to Margolis stock transfer and said he did not notify Liston due to his lack of financial understanding. He noted profit from the Liston-Clay bout could reach £100,000 with potential for more on Clay’s next fight and that a secret agreement gave Inter-Continental rights to select Clay’s first opponent and to promote the fight with Clay taking 30 percent.
MENTIONED IN THIS ARTICLE
Liston
Cherry
Margolis
Nilons
Liston-Clay
Clay
Inter - Continental
Inter-Continental
Fight Results By TH SSOCIATED PRESS
Fight results list boxers from New York and Texas with wins by stoppage and knockout, including Bob Cassidy stopping Debany Torres in Levittown and Ollie Blackshear knocked out by Henry Dominguez in Baytown, plus London welterweight Curvis outpointing Charnley.
MENTIONED IN THIS ARTICLE
New York
Bob Cassidy
Levittown
N.Y
Debany Torres
Paterson
Miami
Fla
Otha Brown
Floyd McCoy
Beaumont
Tex
Henry Dominguez
Odessa
Ollie Blackshear
Baytown
London
Brian Curvis
England
Dave Charnley
Lookouts Rally to Beat Travelers in Exhibition win
In Dade City Florida the Lookouts bombed Bobby Locke and upset the Travelers 9 to 5. Hank Allen hit a homer in a decisive sixth inning as Chattanooga erased a 4 6 deficit and moved ahead. Tommy Norwood led Arkansas with three hits while Cal Emery, Adolphe Phillips, and Norm Gigon added two apiece.
MENTIONED IN THIS ARTICLE
Dade City
Fla
Chattanooga
Bobby Locke
Arkansas Travelers
Locke
Hank Allen
Tommy Norwood
Travelers
Norm Gigon
Cal Emery
Adolphe Phillips
Arkansas
Tourney to Pick Clay Opponent
Four heavyweight contenders Doug Jones Ed Die Machen Cleveland Williams and Floyd Patterson voiced support for an elimination tournament to decide a challenger to Cassius Clay. Jones Williams and possibly Patterson plan to attend the New York State Athletic Commission meeting Thursday while Machen in California is unlikely to attend.
MENTIONED IN THIS ARTICLE
New York
Cassius Clay
New York State Athletic Commission
Doug Jones
Eddie Machen
Cleveland Williams
Floyd Patterson
Faubus Opens Special Session With Harmony Call
The Arkansas governor urged harmony as lawmakers debated a $50,000 hospital grant for Cummins Prison Farm and a bill penalizing riotous election interference as a felony with up to five years in prison and a $5,000 fine. Also before them was a proposal to legalize marriages of those violating a 1941 age rule. The session featured interruptions including a singing spectator and visits by SNCC field secretaries. Lawmakers expected to finish by week’s end.
MENTIONED IN THIS ARTICLE
Cummins
Faubus
Croxton
Jesus
Nathan Goran
William Hansen
Pine Bluff
Clifford Waughs
Boston
Hansen
Arkansas
Guerin Glad to Be With the Hawks
AP report on Richie Guerin adjusting to the St. Louis Hawks after being traded from the Knicks. The 31 year old guard recalls planning to quit before finding motivation with a playoff hopeful Hawks, noting his New York records and his praise for playing with a winner as Western Division teams contend for postseason play.
MENTIONED IN THIS ARTICLE
Mike Becht
Pres
ST. Louis
Richie Guerin
St. Louis Hawks
National Basketball Association
New York Nicks
Hawks
San Francisco
Los Angeles
Knicks
New York
Causey Regains Batting Eye After Slump
Kansas City shortstop Wayne Causey reflects on returning to form in 1960s season with a .280 batting average eight home runs and 44 RBIs. He credits learning in the minors for adjusting to pitching and situates his long path to a steady role with the Athletics after trades and positional shifts.
MENTIONED IN THIS ARTICLE
Bradenton
Fla
Wayne Causey
Kansas City
Causey
A’s
Baltimore
Orioles
Hank Bauer
Charles
Dick Howser
Howser
Seek Hiring of Older Women
London AP report says British bosses were urged Monday to increase hiring of older women, stressing equal opportunity and workforce diversity as firms face aging labor markets and skills shortages.
MENTIONED IN THIS ARTICLE
London
Washington News Highlights Budget, Defense and Academies
The House rejected a bid to fund the minting of new silver dollars, keeping a focus on smaller coins. Sen. Smathers said Defense Secretary McNamara reassured him on national defense after a Cuban helicopter incident near Key West. Pentagon civil rights chief notes low black cadet numbers but sees expansion creating new minority opportunities at the service academies.
MENTIONED IN THIS ARTICLE
Washington (Ap
Washington
House
Treasury Post Office
House Appropriations Committee
Treasury
Denver
Philadelphia
Senate
George A. Smathers
D-Fla
Robert S. McNamara
Pentagon
Army
Navy
Air Force
Asst
Secretary of Defense
Alfred B. Fitt
Fitt
Wall Street Proposes Floor Trading Reforms and Listing Tightens
Wall Street weighs changes to floor trading rules aimed at reducing public suspicions though unlikely to meet SHC demands for curtailing or ending floor trading. The exchange board voted to raise listing standards for common stocks and to speed emergency halt decisions. A three member committee could act to halt trading faster than the 27 minute JFK assassination event. Listing thresholds rise from 500k to 600k common shares, $10 million market value, and $2 million pre tax earnings versus prior $1 million after taxes. The SEC criticizes floor trading as fostering a private club atmosphere, while the exchange defends it as market efficiency.
MENTIONED IN THIS ARTICLE
SHC
Exchange
John F. Kennedy
SEC
Older Women Targeted for Office Roles in 1960s push
A National Corporation for Care of Old People report advocates hiring women aged 60 and over for office staffs. It argues that unlike the rapid turnover of younger secretaries, a fit and capable 60 year old provides stability in the workplace.
MENTIONED IN THIS ARTICLE
National Corporation For
Weather Continued From Pagene Forecasts ARKANSAS
ARKANSAS cold northwest tonight with occasional light rain and freezing drizzle likely becoming snow flurries in the northwest early tonight and east late tonight. Lows 15 northwest to 5 southeast. Thursday clearing and colder, highs 35 to 45. Northwest temperatures falling. LOUISIANA showers and thunderstorms tonight, becoming partly cloudy Thursday afternoon, with much colder Thursday. Low tonight 32 to 45 north and west, near 60s in southeast. High Thursday 40s north to near 70 southeast.
MENTIONED IN THIS ARTICLE
Arkansas
Louisiana
Arkansas Weather Outlook Mixed As Rain, Cold Snap Seen
The Associated Press reports Arkansas faces a warm wave giving way to cooling tonight with possible light snow flurries. Lows may reach from 92 to 40 across the state with most readings in the 50s and 60s overnight. A five day outlook shows colder weather through Friday and a cooler Easter Sunday, with rain totals around one inch expected by week’s end.
MENTIONED IN THIS ARTICLE
Arkansas
Associated Press
U.S. Weather Bureau
Weather Bureau
House adopts resolution for former Gov Homer Adkins
The House opened its business day by adopting a memorial resolution for former Governor Homer M Adkins who died recently. It notes the poll tax era ended with the 24th Amendment and acknowledges the historic voting qualification.
MENTIONED IN THIS ARTICLE
House
Homer M. Adkins
Western Day Goat Scramble at Texar Kana Rodeo
The rodeo features a lively Girls' Goat Scramble with stock contractor Mr. Bubba Wade of Texarkana active in the Junior Red Cross Rodeo. Tickets are on sale with admission set at $1 for adults and $0 for students.
MENTIONED IN THIS ARTICLE
Bubba Wade
Texarkana
Red Cross
Art and Science Winners Honored in Dual Fair Show
The Star highlights excellence in art and science with division winners and accompanying pictures. The first installment is published today, with the balance of images to appear tomorrow due to space limits.
MENTIONED IN THIS ARTICLE
Space
Hope Band Decisive Show Earns Four Medals And More
Hope Band earned four medals and 49 junior divisions qualifying for state competition. Concert Judge R. B. Watson praised the ensemble noting it was the highlight of an otherwise dull afternoon. He extended congratulations to the oboist, flutist, first clarinet, and band for an outstanding performance. The Hope Junior High Band also drew praise for good technique and an enjoyable, interesting overall performance. Twenty-two events from the Junior High Band will advance to state competition.
MENTIONED IN THIS ARTICLE
R. B. ‘Scrubby” Watson
Hope Band
Hope
Exchange officials propose floor trading to steady market
Officials urge rules to enhance liquidity by allowing floor trading action to absorb buy and sell pressure and prevent traders from dominating a single stock. The proposal targets stabilizing a fluctuating market and preserving fair access for all participants.
MENTIONED IN THIS ARTICLE
Ket
MacArthur Hospital Stay Updates After Gall Bladder Surgery
General Douglas MacArthur remains in a recovery room after gall bladder surgery on March 6. He is listed as reserved by the Army for its most important patients and may receive visitors after a long hospitalization is not planned. Doctors reported initial signs of internal bleeding in the digestive tract but noted overall good condition aside from the bleeding. A spleen-related tube and shunt procedure improved blood flow and reduced pressure in bleeding veins. A tube tamping the bleeding area was removed, and no further bleeding was observed six hours later.
MENTIONED IN THIS ARTICLE
Army
MacArthur
Heaton
76ers and Royals Tie at 1 All
The Philadelphia 76ers and Cincinnati Royals battled to a 122 14 win for Philadelphia in Philadelphia after opening the Eastern semifinal in Cincinnati. Hal Greer led with 29 points including nine straight late to break a 100 100 deadlock as Dolph Schayes praised strong defense and hustle.
MENTIONED IN THIS ARTICLE
Ralph Bernstein
Associated Press
Philadelphia 76Ers
Cincinnati Royals
76Ers
Royals
Cincinnati
Philadelphia
Dolph Sehayes
Hal Greer
Philladelphia
Schayes
Greer
McMahon
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Lewis
Hope Ark
State Farmillsand
Bloomington, Ill
Dement
Harrell
Horsford
Jackson
Harbeson
Belan
Jenkins
Heck
Ruane
Lipski
Coleman
Guerin
By Mike Rathet
THE
Wall Street
Acousticon
Shipley Studio Acousticon
Pagene
Associated Prese High Lower
Albany
Albuquerque
Atlanta
Bismarck
Boise
Buffalo
Feeney
Chicago
Cleveland
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Louisville
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Ore
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Tampa
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