Stock Market Drop Mirrors 1929 Crash On Tuesday
New York stocks tumbled sharply with the AP 60 stock average down 5.10 at noon and the Dow down 13.69 as brokers warned of inflation fears and margin calls. Analysts called the fall a correction amid high volume and a panicked public.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Associated Press
Dow Jones
Dow
Keith Funston
Funston
San Antonio
Tex
Trinity University
Edwin Posner
American Stock Exchange
du Pont
American Telephone
Standard
Bache & Co
Kennedy
Walter Heller
Women's Democratic Club
Washington
Lausche Criticizes Laos Coalition Plan
Ohio Senator Frank Lausche, chairman of the Senate Far Eastern Affairs subcommittee, opposed a coalition government in Laos and Syria to head it, after questioning a missionary priest about Laos. He said his view that a coalition would lead to a Communist government had strengthened.
MENTIONED IN THIS ARTICLE
Washington
Ohio
Frank Lausche
Laos
Souvanna Phouma
U.S
Lausche
Senate
Auditor destroys vital Estes records in 1961 audit
A private accountant who prepared a favorable Estes audit destroyed working papers after a call from Estes associates. The testimony notes the net worth claimed supported a higher bond level for grain storage, while the firm admits the audit was not adequate. The Estes case spans FBI probes, grand juries, and a controversial cotton dealings death.
MENTIONED IN THIS ARTICLE
Washington
Billie Sol Estes
Estes’ Organization
Agriculture Department
Estes
U.S
S. R. Smith
Agricultural Marketing Service
Winn P. Jackson
Texas
Jackson
Smith
House
FBI
Internal Revenue Service
Franklin
Tex
Texas Agriculture
Henry Marshall
Texas Atty
Will . Wilson
Justice Department
Marshall
Probers Mum On Jetliner Blast Theory
Federal investigators offered no comment on a possible link between a self death pact murder case and a Continental jet crash that killed 45. A briefcase with the initials T G D was recovered among debris and CAB officials noted an explosive possibility aboard the flight. CAB crews also examined the body of Joyce Rush in Odessa Texas and ordered analysis of metal fragments and clothing.
MENTIONED IN THIS ARTICLE
Centerville
Iowa
Continental Airlines
T.G.D
Federal Bureau of Investigation
George van Epps
Civil Aeronautics Board
Chicago
American
Kansas City
CAB
Odessa
Tex
Joyce Rush
Memorial Day origins traced to 1865 southern graves
In spring 1865 a small group of women and children laid flowers on Confederate graves. By May 1868 General Logan proclaimed a national Decoration Day on May 30. The piece notes early observances across states and the spread into the North, with regional commemorations varying by date.
MENTIONED IN THIS ARTICLE
South
John A. Logan
Grand Army of the Republic
Bull Run
Carbondale, Ill
Alabama
Florida
Georgia
Mississippi
North
South Carolina
Louisiana
Tennessee
Memorial Day Weekend Forecast for Ohio
Forecast calls for warmer, humid conditions with thunderstorms and wind across Ohio. Southern and Central Ohio expect partly cloudy, 80s today with showers and thundershowers tonight and Wednesday. Central Ohio tops 83 today and 87 on Wednesday with remaining warm and windy conditions and a few late thundershowers.
MENTIONED IN THIS ARTICLE
Ohio
Hocking Valley
Violent Weather Damps Eastern Half and Tornadoes Hit Midwest
Showers spread across the eastern half of the nation while the mid continent faced another outburst of storms. Twisters and tornadic winds with rain hail lashed Texas Oklahoma Missouri Kansas Iowa and Illinois causing heavy property damage though no injuries were reported. Tornado sightings occurred near Stillwater and Ingersol with Shawnee swamped by winds up to 80 mph during a severe thunderstorm.
MENTIONED IN THIS ARTICLE
Texas
Oklahoma
Missouri
Kansas
Iowa
Illinois
Stillwater
Ingersol
Shawnee
Israeli High Court Rejects Eichmann Mercy Plea
The Israeli Supreme Court upheld Adolf Eichmann's death sentence, leaving only possible clemency. The ruling affirms that crimes against Jews and humanity fall within Israel's jurisdiction, and clemency decision rests with President Ben-Zvi. Eichmann faces execution at Ramleh Prison after mid June.
MENTIONED IN THIS ARTICLE
Eichmann
Jerusalem
Supreme Court
Adolf Eichmann
Gestapo
Simon Agranat
Efichmann
Robert Servatius
Izhak Ben-Zvi
Justice Ministry
Ramleh
Tel Aviv
District Court
Fichmann
Servatius
Israel
Ohio Fire Fatalities Rise in 1961 Toll
State Fire Marshal Wilson McLaughlin reports 224 Ohio fire deaths in 1961, up 17 from 1960. Sixty seven victims were under 15, with eight children dying in a single dwelling in the year’s worst blaze. January and December marked the most dangerous months due to defective heating equipment, and about 40 percent of the 97 residential multiple-death fires occurred then.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Wilson McLaughlin
Ohio
McLaughlin
Wilson
Quiet Memorial Day Observance Planned in Logan
A quiet Memorial Day is forecast locally with the Logan parade organized by veterans groups assembling at 9 15 a m on Market Street by the Courthouse. The march to Oak Grove Cemetery will be followed by services at Worthington Park by the Woman's Relief Corps and many offices and businesses will close for the holiday. The Daily News will not publish Wednesday and will resume Thursday.
MENTIONED IN THIS ARTICLE
Market St
Oak Grove Cemetery
Woman's Relief Corps
Worthington Park
Daily News
No Hands Driver Fined for Hair Comb in Perth
Francis Rea, driving a sports car in Perth, was fined 10 pounds for combing his hair with one hand while steering with his knee. He said he was on his way to see his girl.
MENTIONED IN THIS ARTICLE
Perth
Australia
Francis Rea
Francis
Spectacular High Altitude Nuclear Tests Planned
The United States will launch high altitude nuclear blasts over Johnston Island in three to four shots within days. Explosions may disrupt radio and radar, with first detonation near a megaton at tens of kilometers high. Hawaii could glimpse the glow. scientists say radiation belts would recover in months.
MENTIONED IN THIS ARTICLE
Washington
U.S
Pacific
Johnston Island
Atomic Energy Commission
United States
Christmas Island
Pacific Range
Hawaii
AEC
Defense Department
van Allen Belts
Kennedy
Compromise Bill Passes Amid Kennedy Public Works Clash
Congress approved a $1.5 billion public works compromise that partially sustains Kennedy's New Frontier agenda. Republicans warned of a tougher fight in the House though the measure retains key funding aimed at unemployment relief in Hocking and Athens counties.
MENTIONED IN THIS ARTICLE
Washington
Senate
Kennedy
Hocking
Athens
Kennedy backed 1.5 billion public works bill passes
The House Public Works Committee approved a 900 million version with Senate final passage 44 to 32 approving 750 million now for distressed areas and a second 750 million standby after July 1 1963. Kennedy sought larger standby and direct authority but Congress kept oversight and funding. Senator Young aided passage while Senator Lausche opposed.
MENTIONED IN THIS ARTICLE
House Public Works Committee
Senate
Kennedy
Congress
Citizens Telephone Co. of Coolville Receives Rate Boost
The Utilities Commission authorized a rate increase for Citizens Telephone Co. of Coolville serving 1400 customers in Athens Meigs and Washington counties. The hike raises annual revenue by about $20,000 to just under $120,000 and covers exchanges at Coolville Little Hocking and Chester.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Athens, Meigs
Washington County
Citizens Telephone Co
Coolville
The
Utilities Commission
Citizens Telephone
Little Hocking
Chester
Also Mentioned on This Page
Bangkok
Nam Tha
Thailand
Luang P
China
Vietnam
Houei Sai
Reds
Lausche Raps
Laos Coalition
Estes Auditor
Ag Agency
Texan
Probers
Oks Kennedy Public Works Plan
Southland
el Caney
Argonne
Chanjin Reservoir
An Chau
South Viet Nam
National Cemetery
Arlington
Pearl Harbor
Argentina
High Court
Israel Court
Stephen M. Young
Frank J. Lausche
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