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Oswego Palladium Times in Oswego, New York

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Oswego Palladium Times

Location

Oswego, New York, United States of America

Date

Jun 14, 1962

Page

1

Stock Market Hovers Near 1962 Lows In Turbulent Trading

The New York stock market fluctuated heavily and touched near 1962 lows as the Dow Jones industrial average slipped to 571.53 at noon, with the S P 500 down to 55.28 and the overall market mixed. IBM and other blue chips saw volatile moves while trading pace lagged tape reporting by as much as nine minutes.

New York Associated Press Dow Jones Standard & Poor IBM AT & T du Pont General Motors Chrysler Ord American Motors Studebaker-Packard Eastman Kodak Allied Chemical North American Aviation Secretary of the Treasury Douglas Dillon Senate Finance Committee New York Stock Exchange

15-Foot Fall Fatal Near Niagara Falls

Satrag Aloian, 84, of Niagara Falls, was fatally injured Wednesday when he fell about 15 feet from a railroad viaduct. The accident occurred in Niagara County as responders rushed to the scene.

Niagara Falls Satrag Aloian

Senate Unanimously Backs 48.5 Billion Defense Bill

The Senate approved a massive 48.5 billion defense bill by an 88 to 0 vote. The measure, returning to the House for conference, includes RS70 jet reconnaissance development funding and sets Army National Guard strength at 400000 and Reserves at 300000 a year. The House had approved 224 million for the RS70 with other increases.

Washington Senate House Senate House Kennedy A. Willis Robertson Dva Everett M. Dirksen Illinois William Proxmire D-Wis Senate Appropriations Committee Robert S. McNamara Air Force Joseph S. Clark D-Pa Robertson McNamara Proxmire Navy Army Pentagon National Guard

Friends Rally Around Mickey Rooney After Bankruptcy

Hollywood icon Mickey Rooney seeks relief after filing for bankruptcy showing debts of 464 914 dollars. Creditors include attorney Robert A Neeb of Los Angeles who advised Rooney to waive all sums owed. Rooney, 39, says bad counsel and judgment caused his financial collapse despite a 30 year career earning about 12 million dollars.

Hollywood Mickey Rooney Rooney Robert A. Neeb Los Angeles Neeb Elaine

Clarence Man Killed in Route 5 Car Crash

Buffalo Wilbert C Ritchell aged 48 of Clarence died Wednesday in a two car collision on Route 5 in Clarence.

Buffalo Wilbert C. Ritchell Clarence Route 5

U S Soldier Dies in Combat In Viet Nam

A U S Army sergeant was killed and two other Americans wounded near the Laotian frontier about 360 miles north of Saigon. The wounded, a captain and a sergeant, were taken to a field hospital at Nha Trang. Names were withheld until next of kin notified. The clash occurred in central Viet Nam where U S special forces train local units to defend villages against Viet Cong guerrillas. A separate airlifted assault west of Saigon reported three Viet Cong killed and a large supply depot seized, including rice and gasoline, during action in an area called D Zone.

Saigon South Viet Nam Nha Trang Viet Nam U. S. Army U. S United States Ngo Dinh Diem D Zone

Wall Street Wizard Flees to Brazil

Edward M. Gilbert, a Wall Street figurehead who admitted unauthorized withdrawals totaling about 1.95 million dollars from the E. L. Bruce Co., flew to Brazil. He arrived in Rio de Janeiro on a Varig jet and went into seclusion with a 30 day visa, possibly staying six weeks.

New York Wall Street Edward M. Gilbert Brazil Gilbert Varig Airlines Rio de Janeiro Rio International Police Agency U. S Idlewild E. L. Bruce Co

Wedding license gifts prompt in East Greenbush village

Couples filing for marriage licenses in East Greenbush Rensselaer County receive a free gift box from Town Clerk Virginia Ochs. The box includes soap cosmetics aspirin and other household samples supplied by manufacturers as an extra dividend with the $2 license fee.

Greenbush Rensselaer County Virginia Ochs

Strike Looms Over Big U S Airlines

Government efforts to end the long running dispute between Pan American World Airways Trans World Airlines and Eastern Air Lines and the Flight Engineers International Association failed. AFL CIO president Ron Brown said a strike appeared inevitable as negotiations collapsed after a 24 hour session.

Washington Flight Engineers International Association Ron Brown Aflcio Brown Pan American World Airways Trans World Airlines Eastern Air Lines Arthur J. Goldberg Goldberg Kennedy Asher Schwartz Jesse Freidin Freidin New York

Estes Refuses to Reply To Murder Quiz Queries

Billie Sol Estes declined to answer about 100 grand jury questions on the Marshall murder case as the Robertson County inquiry probes possible homicide. Prosecutors plan to subpoena additional witnesses while Estes faces fraud and theft charges tied to fertilizer and storage interests.

Estes John D. Cofer Austin Marshall Cofer Here Agriculture Department Billie Sol Estes Texas Bill Moore Franklin Tex Henry H. Marshall

Arms Conference Recess Opens Amid Deadlock

Geneva reports a month-long summer recess as the 17-nation disarmament talks remain deadlocked on core issues after three months. Western delegates express cautious view noting limited progress and aim to clarify disarmament complexities for eight nonaligned nations. The East and West stay split on international controls and a global peace policing force.

Geneva Brazil Burma Ethiopia India Mexico Nigeria Sweden United Arab Republic

Boy With Arm Sewed Back On Looks Forward to Playing Ball

Everett Knowles Jr., 12, whose right arm was severed by a freight train, has had the limb reattached at Massachusetts General Hospital. Doctors say recovery hinges on reconnecting nerve fibers, with a return to normal use possible but not assured.

Boston Everett Knowles Jr Red” Knowles Massachusetts General Hospital Red Somerville Sandy Massachusetts New England Everett John J. Knowles Tyr Robert Shaw

Solvents President Quizzed On Dealings With Sol Estes

Maynard Wheeler, president of Commercial Solvents, testifies before a House subcommittee on dealings with Billie Sol Estes. He disputes charges linking the firm to Estes and a $4 million Swiss bank account, stating Estes owes $5.7 million and that security backs loans amid Estes indictment and estate turmoil.

Solvents Sol Estes Washington House Maynard CC. Wheeler Imony Billie Sol Estes Estes Switzerland Wheeler Texas Court of Inquiry Frank Cain Cavis Dallas Commercio Solvents Brazil

Laos Premier Urged to Lead Geneva Delegation

A Peiping broadcast quoted Prince Souvanna Phouma as saying he will head a unified Laos delegation to Geneva to sign the 14 nation Laotian conference accord. U S officials urged Souvanna to head the Geneva delegation to avoid letting Prince Souhanouvong control the new coalition during its early neutralist phase.

Tusyo Peiping Souvanna Phouma Laos Geneva Washington United States Souvhanouvong U. S Souvanna Phowna Gene Gen. Phoumi

Conservative Party snubs Rockefeller and Javits in Albany

The new state Conservative party says it will not endorse Gov. Rockefeller or U. S. Sen. Javits for reelection. Rockefeller said he would consider an endorsement only if one was offered, while the Conservative chairman announced no endorsement intention.

Schenectady State Conservative Party Rockefeller U. S Jacob K. Javits Ee Rockefeller Albany

Syracuse man files $150,000 suit against city

The judge's son alleges he sustained a permanent nerve injury after a pistol whipping and thigh shattering during an altercation with two police officers. The city dismissed Detective Patrick Kerrigan and suspended Patrolman Leo Leathley for 60 days following the March 29 incident.

Syracuse Olleging Patrick Kerrigan Fatrolman Leo Leathley

Saranac Man Fatally Injured In Route 3 Accident

Elder H. Butchino Jr., 27, of Saranac was killed when a grader operator lost control and the machine careened down an embankment beside Route 3 about two miles north of Saranac Lake on Wednesday.

Saranac Saranac Lake Route 3 Here Elder H. Butchino Jr

Babysitter Charged With Murder Over Job Loss

Rochelle Posey a 20 year old Akron babysitter is charged with first degree murder in the death of 14 month old Michael Magier. Posey said she strangled the child with a silk stocking after a fight with the baby's mother over her boyfriend's visits and losing her job. The infant died before reaching a hospital.

Akron Ohio Rochelle Posey Michael Magier Miss Posey Forrest Diefendorff Norton Village Diefendorff Ruth Magier

Also Mentioned on This Page

San Francisco Alcatraz Island San Francisco Bay San Francisco Examiner FBI John Angin Frank Morris Angel Island Alcatraz Allen Clayton Atlanta Anglin Brothers Morris Olin Blackwell Fred Wilkinson Federal Director of Prisons Mickey Wall St Radio-Tv Fulton Souvanna Bulletin Spurns Javits
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