Bus Assailant Shot To Death By Policemen
In Chicago a Greyhound bus passenger who attacked the driver and two others with a knife was fatally shot by police after refusing to drop the weapon. Milo Savo Brekich, 27, of San Francisco, threatened all 40 aboard. Two victims were hospitalized for shock. others escaped serious injury as officers stopped the bus in an emergency strip and ordered Brekich to surrender.
MENTIONED IN THIS ARTICLE
Chicago
Greyhound
Milo Savo Brekich
San Francisco
Arthur McCauslin
Ross Moran
Brekich
Wilfred Doss
Addison
Ill
William Kokko
Negaunee
Mich
Marine Pfc
Richard Williams
Santa Ana
Calif
Doss
Williams
Donald Valencourt
Spring Lake
Chamber Chief Blames Kennedy For Stock Drop
H Ladd Plumley president of the U S Chamber of Commerce blamed the stock market plunge on two factors a dimming of profit expectations and President Kennedy s quashing of the steel price increase In a National Press Club prepared speech Plumley warned against government intervention in steel pricing saying it risks administered prices and curbs the free market He predicted such action would not recur but if it did it would cripple the party in the next election He said his view does not diminish his respect for the President s right to speak on national issues the sell off does not reflect poor current business conditions or fear of a near term reversal of expansion
MENTIONED IN THIS ARTICLE
Washington
H. Ladd Plumley
U.S. Chamber of Commerce
White House
Plumley
Kennedy
National Press Club
Chamber
Miller
American Telephone and Telegraph
Clifford Mize
Merrill Lynch
Monroe
Mize
U. S
Middleton in very good condition after heart attack
Troy Middleton, president emeritus of LSU, remained in very good condition in a Baton Rouge hospital after a heart attack. He canceled a commencement address at McNeese State College, with LSU executive VP Nathaniel Caffee set to speak. Middleton, 72, is known for his World War II leadership at Bastogne during the Battle of the Bulge.
Investors Watchful At Merrill Lynch Office In Monroe
Investors crowded the Merrill Lynch office in Monroe as stocks plunged to the worst loss since 1929. Ticker delays and mixed quotes spurred caution, with veteran adviser Clifford Mize urging patience and potential rally before selling. The scene reflected a wary market and debates on government actions and steel price tensions.
MENTIONED IN THIS ARTICLE
Merrill, Lynch, Pierce, Fenner and Smith, Inc
Monroe
Wall Street
George Miller
Stock Exchange
New York City
Special graduation movie parties scheduled at Paramount Theatre
A series of senior movie graduations hosted by Paramount Theatre will feature James Stewart in Mr Hobbs Takes a Vacation. Neville High School hosts tonight, West Monroe on Wednesday, and Ouachita Parish High Friday. The film will not be released to the general public until mid July.
MENTIONED IN THIS ARTICLE
Paramount Theatre
James Stewart
Mr. Hobbs
Neville High School
West Monroe
Ouachita Parish High School
Today’s Chuckle on the Work Week Jibe
A light column jokes about changing the work week, noting some people think reform is overdone while others argue for adjustments. The tone is humorous and opinionated, poking fun at both sides of the debate.
Election Call Delayed Over Ward 10 Board Seat
The Ouachita Parish Democratic Committee delays the election call awaiting a ruling on Ward 10 representation. Committee Chairman Burt Sperry said Superintendent W. W. Ward is in Baton Rouge to decide if Ward 10 may join the July 28 school board race. The committee plans to meet by Wednesday. candidates have seven days to qualify. Ward 10 seats depend on police jurymen, currently three delegates, with Sperry noting no extra seat may be added until Ward 10’s status changes. Fred Fudickar Jr. is referenced on the election page.
MENTIONED IN THIS ARTICLE
Ouachita Parish
Parish
Democratic Executive Committee
Burt Sperry
W. W., Ward
Baton Rouge
Sperry
Ward
Fred Fudickar Jr
Mutual Funds Lead Stock Purchases Amid Market Selloff
New York reports mutual funds as major buyers of stocks shed by jittery investors. Funds say they are selective buyers in a plunging market and that fixed payment plans remain steady. Supporters say mutual funds can provide funds to halt a selling panic by sustaining investments.
MENTIONED IN THIS ARTICLE
New York
UPI
Mutual Fund
Wylie Elected To West Monroe Council After Six Years
George F. Wylie, new West Monroe alderman, speaks of the honor and duty of public office. A Prescott Arkansas native, he moved to organize the local Chamber of Commerce and now serves as assistant vice president at First National Bank of West Monroe. He cites twelve years in civic work and plans to apply his experience to city needs.
MENTIONED IN THIS ARTICLE
Mary Ann Corpin
George F. Wylie
West Monroe
Wylie
Prescott
Ark
Chamber of Commerce
Chamber of Com
WMCC
First National Bank of
Louisiana
Bank
Twin Cities Delegates In Baton Rouge
Delegates from Twin Cities converge on Baton Rouge to fight bills affecting municipalities and parish government. West Monroe Chamber seeks restorement of 300000 dollars for the Retarded Children center at Selman Field. Senator Adcock backs the request, calling the prior omission ill advised. Sheriff Grant opposes a bill to tax twice yearly. Hearing postponed.
MENTIONED IN THIS ARTICLE
Baton Rouge
Twin City
Capitol
Children’s Center
Selman Field
West Monroe
Adcock
Eugene Scott
Chamber
Bailey Grant
Ouachita Parish
Wendell Harris
Grant
Twin Cities
Hodges Urges Quick Tax Overhaul to Bolster Confidence
Secretary of Commerce Hodges urged rapid action to counter stock market slump with a tax overhaul and early depreciation schedule revisions. He called for piecemeal announcements as details become available, following a White House meeting on market conditions.
MENTIONED IN THIS ARTICLE
The
Treasury
Secretary of the Treasury
Douglas Dillon
Hodges
Department
White House
Weather relief and showers reduce heat today
Windy Whiffandbiff received heat relief with a few drops of rainfall as a forecast calls for partly cloudy skies through Wednesday. Scattered thunderstorms are possible with highs near 90 and a low around 66 tonight.
Collinston Woman and Daughter Die in W. Greenwood Crash
Mrs. Annabelle Sanders, 17, of Collinston Louisiana remained in critical condition after a head on collision on a highway bypass west of Greenwood. Her mother Mrs. Franklin Nobles, 62, and sister Nancy Nobles, 20, of Wichita Kansas, were killed in the crash.
MENTIONED IN THIS ARTICLE
Greenwood
Miss
Annabelle Sanders
Collinston
Franklin Nobles
Nancy Nobles
Wichita
Kan
Budget Hearing Opens to Budget Resistance in Baton Rouge
In Baton Rouge Rep. Bryan Lehmann opened the first hearing on Gov. Jimmie H. Davis's $785 million budget as both houses recess until Tuesday. The administration faces pressure for school and college funding while a $15 million general reduction is reviewed. Nine state college presidents protest proposed appropriations amid planned conferences with subcommittees. Northeast Louisiana State College gains about $8,000 in its modest rise.
MENTIONED IN THIS ARTICLE
Baton Rouge
Bryan Lehmann
Jimmie H. Davis
Lehmann
Norco
Davis
George T. Walker
Northeast Louisiana State College
Monroe
Northeast
Louisiana Tech President Front Runner Named
Louisiana College Dean F. J. Taylor emerged as the frontrunner for the Louisiana Tech presidency in Pineville. An official announcement was expected later today, with State Education President William J. Dodd noting retiring Tech president R L. Rop and an education board committee reviewing 15 to 20 candidates, including two outsiders.
MENTIONED IN THIS ARTICLE
F. J. Taylor
Louisiana College
Pineville
Louisiana Tech
News-Star
Louisiana Polytechnic Inst. taps Dr F Jay Taylor as president
Baton Rouge AP reports the Louisiana Board of Education selected Dr F Jay Taylor to lead Louisiana Polytechnic Institute in Ruston as its new president. The decision follows official endorsement and marks a leadership change at the Ruston campus.
MENTIONED IN THIS ARTICLE
Baton Rouge
State Board of Education
F. Jay Taylor
Louisiana Polytechnic Institute
Ruston
Gibsland Native Dean Taylor Tied to State Board Vote
Dean Taylor of Gibsland declined comment on rumors he was chosen by the state board. He said none of the members have been contacted and no vote is yet under way. Unofficial Chesapeake word tied him to the post circulated through Louisiana. Taylor is a Gibsland High School graduate who attended Louisiana Tech in 1940 41 and later served as a Naval aviator in World War II.
MENTIONED IN THIS ARTICLE
Dean Taylor
Gibsland
State Board
Taylor
Alexandria
Louisiana
Gibsland High School
Louisiana Tech
Terminal Tower Stands Tall in Cleveland at 708 Feet
The tallest building outside New York City is Terminal Tower in Cleveland, rising 708 feet. This landmark edged out competitors to hold the title of region’s loftiest structure.
MENTIONED IN THIS ARTICLE
New York City
Terminal Tower
Cleveland
No Opposition In Sterlington For Officials
Sterlington faces a no opposition town election on June 12 as no candidate filed against Mayor Calvin B. Folds and Aldermen C. G. Drennan A. T. Ward Jr. J. B. Johnston Jr. Mrs. Bill Jordan and O. K. Bailey. Filing deadline was April 30. Officials appointed at incorporation in 1961 will automatically take office for four years starting July 1. The council meets Monday night June 11 with about 1,000 residents in the city.
MENTIONED IN THIS ARTICLE
Sterlington
Jimmie H. Davis
Wade C. Martin
Calvin B. Folds
C. G., Drennan
A. T. Ward Jr
J. B. Johnston
Bill Jordan
O. K. Bailey
London Stock Exchange Sees Wide Selloff Amid Shakeout
London was hit by a broad selling wave as Wall Street turbulence rippled across markets. Prices fell sharply with millions of pounds wiped off in rapid declines, with low-yield blue chips suffering most as investors fled.
MENTIONED IN THIS ARTICLE
London
Wall Street
London Stock Exchange
Worst since Munich crisis London shares dive on global selloff
The London Stock Exchange endured its steepest fall since the 1938 Munich crisis as Wall Street drops echoed across Paris, Zurich, Frankfurt, and Tokyo. Major names like Unilever and Phillips lamps slumped about 1.40 and 10 shillings, with the Financial Times index down 13.4 points to 265.9. Bargain hunting briefly steadied the market, but selling resumed at noon.
MENTIONED IN THIS ARTICLE
London
London Stock Exchange
Munich
Wall Street
Paris
Zurich
Frankfurt
Europe
Japan
Unilever
Phillips
Ford
Labor
Switzerland
West Germany
Financial Times
London Exchange
Market Rally Fades In New York Stock Slump
Faint signs of a rally appeared as emotion-packed selling continued to push prices downward. Trading volume surged to 3.75 million shares in two hours with the Dow Jones average down 13.69 and the 60-stock average off 5.10 at noon. Large losses hit Ford, Woolworth, Eastman Kodak and Du Pont while buyers showed strength in American Telephone, Jersey Standard and Boeing. Government officials urged action to restore confidence as details of tax reform and depreciation revisions were proposed.
MENTIONED IN THIS ARTICLE
New York
Paris
Zurich
Frankfurt
Japan
Tass
Revolucion
New York Stock Exchange
Associated Press
Woolworth
Eastman Kodak
du Pont
U.S. Steel
Reynolds Tobacco
Luther Hodges
Washington
Treasury
Douglas Dillon
Kennedy
FBI Probes Concordia Bank Ferriday Branch Shortage
The FBI opened an investigation at the Ferriday Branch of The Concordia Bank and Trust Co to determine possible violations of the Federal Reserve Act. No charges have been filed, and the amount of the suspected shortage is not yet known. If the probe yields actionable information, it will be referred to U.S. attorneys.
MENTIONED IN THIS ARTICLE
New Orleans
Federal Bureau
Concordia Bank and Trust Co
FBI
U. S
Wisner Named Cleanest City in District Contest
Wisner won the Fifth Congressional District Cleanest City Contest with Ruston second, Ferriday third, and Winnsboro fourth. Judges praised Wisner for grooming and a community-wide cleanup effort led by Mrs. E. Asa Kiper, chairman, with support from the Wisner Garden Club and the Daffodil Garden Club.
MENTIONED IN THIS ARTICLE
Wisner
Franklin Parish
Ruston
Ferriday
Winnsboro
E. Asa Kiper
Wisner Garden Club
Daffodil Garden Club
Also Mentioned on This Page
Middleton
Merrill, Lynch
Mutual Funds
Earl Duncan
Merce Office
George E, Wylie
Howard
Sheriff Grant
Frank Cormier
Secretary of Commerce
Luther H. Hodges
Loouubdy
Sam Hanna
Tech
Hal R. Cooper
Concordia Bank Ferriday