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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
May 27, 1963
Page
2
The article examines post 1962 Black Monday shifts as professionals, managers of trust and pension funds, and a rising base of high grade stocks drive the market back toward record highs. It highlights changing investor classes, risks of future reactions, and the central role of people in charting the market’s course.
At MIT Lincoln Laboratory the West Ford project reports success in using 400 million copper fibers in a pole to pole orbit to relay radio signals. The tiny wires act as high altitude dipoles, enabling long range satellite communication and resistance to interference.
Kansas City attorney Reynolds Rodgers, once a WWII officer, reconnected with Henriette Ouvrey, his Algerian godmother who kissed him goodbye on Goat Hill Street. After wartime service and later aiding refugees, Rodgers plans to assist her financially in Strasbourg as she remains a North Africa refugee.
Joseph P. Kennedy, 74, recuperating at his Cape Cod summer home following minor surgery at Cape Cod Hospital. Dr. Samuel F. Marshall removed a skin growth from his arm and two teeth were extracted. The former ambassador to Great Britain had been at the White House for a week with his son before returning to Cape Cod. He has been convalescing since a stroke seven months ago.
In Havana the Soviet passenger liner Maria Ulanova carried several hundred Russians including many middle aged men and families back toward the USSR. The departure followed two months after a previous wave of Russian instructors left by sea, with crowds on the Havana waterfront bidding them farewell as jeeps and buses delivered passengers to the dock.
The UN announced that world population rose by about 1.5 percent annually in the decade to June 1961, reaching an estimated 3.069 billion. Oceania averaged 2.5 percent yearly growth, Europe 17 per square kilometer, the global density 23. Infant mortality fell up to 60 percent in many nations over the decade.
Europeans report tight controls on state lotteries with finance ministries overseeing operations. In France and Italy the national systems claim foolproof draws, machine run and public draws to deter graft. Officials argue gambling corruption is avoided as in stamps issuance.
Linda Cornish a 22 year old college graduate from Colorado State College was given three years to live after a heart valve defect. A successful mitral valve repair at St. Vincent's Charity Hospital Cleveland extended her life to over 50 years. She plans to work as a secretary and teach business education while resuming normal activities and sports with medical follow up. Belfast geologists uncover large salt deposits during drilling while discussing government regulated lotteries in Europe and their tax take.
Alabama governor George C. Wallace vows to block two Negro students from enrolling at the University of Alabama despite a federal judge's injunction. The Justice Department seeks a contempt action and a Birmingham hearing is set for June 3 as Wallace promises to act alone with state troopers on campus to maintain order.
In Smithtown New York a wedding reception ended in tragedy when a car carrying the maid of honor struck and killed three teenagers. The driver James Saunders twenty of Kings Park was charged with driving while intoxicated and with driving without a license.
An advertisement promotes CAMPHO PHENIQUE as a fast acting local anesthetic and antiseptic to reduce pain prevent infection and promote rapid drying of fever blisters and cold sores. It urges immediate application at first sign and to keep a bottle ready in the medicine chest and buy CAMPHO PHENIQUE today.
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