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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jul 23, 1962
Page
1
Stock options, tied to company stock, boosted executive profits when prices rose but now face wiped out gains as prices fall. The piece explains incentives, taxes, and morale impact on executives and workers, noting potential long term changes amid political criticism.
In Washington Glenn T. Seaborg head of the Atomic Energy Commission questioned Khrushchev's claim of a two fly sky missile. Seaborg said the U S likely remains ahead in nuclear tech but would reassess after Soviet tests. He noted no definite plan to test again. Slippery prisoner Edward Lindsey escaped Queen Annes County jail using spoon-key crude tool. He was recaptured later. An American Boy Scout troop performed a flute concert for Crown Prince Akihito Princess Michiko and Prince Miro in Tokyo as part of the first Asian scout jamboree on Mt. Fuji for August 3-8. A vulture crashed into an airplane windshield killing co pilot Capt. B W K Arora on a charter flight Indian Airlines. Pilot S B Singh survived.
Fragmented OCR text mentions Long Beach and court location in Ancees County with delivery charges and fees. Details are garbled. reads like a civil notice or fee schedule with amounts $225 and $27.00 and a date October 6. Names and places are unclear due to transcription errors.
Maurice Francis Powers, Tulsa cimman, estate valued at about 4 million last year, died Saturday night after a two year illness. He built the first casing-head gasoline plant in the Tulsa area about 40 years ago. Lady Churchill said Sir Winston is “quite well” in London, with no date set for his return from hospital after a thigh fracture.
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