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Newspaper
Las Vegas Sun
Location
Las Vegas, Nevada, United States of America
Date
Jun 14, 1963
Page
5
The Senate Finance Committee approved a bill to extend life insurance options for World War II and Korean War veterans. Officials said the program would cost the government nothing since veterans would cover all costs, though the House previously blocked similar measures.
The bulletin lists closing figures for Dow Jones indexes including 30 Industrials 30 Rails 15 Utilities 65, and Rail and Utility subindices with small movements. It also shows a commodity futures index at 147.93 and regional debits for San Francisco Oakland and Berkeley totaling $175,300,000 $12,505,049 $428,557,697 and $7,771,214.
New York stocks closed mixed in moderately active trading as a late sell-out dragged averages down. Industrials slid in final minutes while steels remained narrowly mixed. motors dipped fractionally and chemicals showed mixed results.
Stocks rise modestly in moderate activity while American and Midwest markets show gains and London shares ease. Cotton and grains in Chicago move little. wheat closes up, corn and oats slip, rye and soybeans fluctuate with small changes.
Airman Albert E. Rhode 21 of Reading Pennsylvania was killed when the convertible he rode in overturned on U.S. 395 near the University of Nevada Two other Stead Air Force Base members Richard Schramm of Winter Haven Florida and Paul Sodoski of Chicago were injured Schramm treated at the base hospital Sodoski at Washoe Medical Center Officers said the car left the road on North Virginia Street and flipped over
Two Belgians were jailed for forging the name of Katanga President Moise Tshombe and swindling him out of 95000 dollars. The Brussels Correctional Court ordered 23000 dollars in compensation. Vander Sleyen aged 39 received four years and Andre Knaepen aged 52 received three years. A third defendant died in prison awaiting trial.
The number of U S military veterans fell from 22 326 000 in January 1962 to 22 220 000 in January this year per the Veterans Administration and UPI.
The House voted to block a July 1 4.2 billion corporate and consumer tax cut to fund a Kennedy proposal. The measure extends temporary taxes for corporations telephone service and airline tickets for another year while a broader permanent plan faces the Senate and final enactment by June 1964. If not enacted, excise taxes on whisky beer cigarettes wines would drop July 1.
The first Titan Two squadron becomes operational joining the Strategic Air Command in a Davis Monthan Arizona ceremony. The program aims to deploy six Titan Two squadrons by year end with more squadrons at Little Rock and McConnell AFBs. The Titan Two delivers fast launch capability and double payload with a 530000 pound thrust two stage system housed in deep silos.
At the 47th ILO session in Geneva, a South African delegate William Findley was shouted down by African and Asian delegations protesting apartheid. The meeting adjourned as heckling prevented him from speaking and prompted talks of a walkout.
In Turin Italy Fiat Co known for autos is constructing a 1200 horsepower? 30000 BHP 12 cylinder diesel marine engine for a 90000 ton tanker. The massive engine rises four stories high and represents a major naval propulsion project.
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