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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Apr 02, 1963
Page
2
Readers discuss investment methods with emphasis on dollar-averaging as simple and long-proven. The exchange plan MIP offers $40 monthly or quarterly investments, with access via New York Stock Exchange brokers nationwide and mail handling.
The House Banking Committee approved 18 to 1 a bill to authorize Federal Reserve Notes as a new $1 bill to avert a silver shortage. The plan would repeal silver laws since 1934 and retire silver certificates, freeing silver for treasury needs amid rising coin demand.
ASU opens National Defense Student Loan applications for the 1963-64 year with priority to future teachers and science, math, engineering, or language fields. Freshmen must rank in the top 20 percent and show need. loans up to 500 a term, 1500 yearly for two years plus summers. Repayment begins after graduation over ten years at 3 percent. Half loan cancelled after five years of teaching in public schools.
The nation's 190 class I railroads move to lift injunctions and implement anti featherbedding rules. Firemen jobs on diesel engines face elimination with about 13 000 workers under ten years tenure affected in a year and 40 000 over five to ten years as negotiations continue and a potential strike looms.
United Press International provides a 24 hour snapshot of temperatures and rainfall across the United States ending at 4 am. The report lists regional highs and lows, noting cold fronts and precipitation patterns affecting major cities and rural areas.
The Maricopa County clerk issued a marriage license to Walter Wayne Osborne a 39 year old resident of Litchfield Park and Barbara Jane Meyers 44 of Scottsdale.
A Washington DC kitten climbed high into a tree and required help from the Animal Rescue League. The animal then struggled to descend, grabbing a passing limb before being brought safely to the ground.
Jerry Buchanan of Miami led 16 Cuban exiles and one American captured on Norman Key in the Bahamas after police tipped off three days in advance. He accused an American of betraying the group and said another raider escaped en route to Cuba. The detainees were flown to Nassau and released as authorities investigated legality.
Quinim Pholsena, pro-Communist Foreign Minister of Laos, was killed by machine gun fire as he and his wife left a car in Vientiane. The attack disrupts a fragile three-way coalition, heightening factional tensions linked to past assassinations and a Geneva-backed truce.
Funeral services for Howard Thiel 30 died Monday at Good Samaritan Hospital were set for 4 p.m. at the Messinger Mortuary Chapel. Thiel a Phoenix based comptroller for American Investment and Life Insurance Co and a Korean War veteran leaves wife Ann his mother Florence Thiel of Henryville Pa two sons Richard and Christopher a daughter Lorna and brother Charles. Burial will be in Pine Lawn Cemetery Long Island N Y.
Funeral services for Charles L. Yochum 72 who died Monday at Baptist Hospital of Scottsdale will be held Thursday in Omaha. Yochum a native of Prock Neb had been visiting here for two months.
A collection titled Europe Through the Lens of an Architect Photographer of the 20s by William M. Clark will be shown at Arizona State University. The ASU School of Architecture exhibit runs on the third floor of the engineering center from 9 a.m. to 9 p.m. Monday through Friday and 9 a.m. to noon Saturday in April.
In Kenosha Wisconsin the wife of the police chief, Helen Haukedahl, is under hospital guard amid the slaying of Dorothy Bitautsis a 46 year old secretary in the police department. Coroner Edward Wavro reports a 38 caliber gun was found in Haukedahl’s purse and bullets removed from the victim.
Applications for the Scottsdale Chamber of Commerce manager post are due by April 20. Chair Paul Haldermann notes prior managerial experience is preferred but not required. The job, vacated by John Wise who earned $8,600 annually, remains open at the chamber office.
A spring storm spread from the Rockies threatening central Nebraska with 30 to 40 mph winds and heavy snow while northern plains faced blowing snow and freezing drizzle. Montana and parts of the upper Midwest saw 18 inches of snow. scattering thunderstorms hit the Texas Panhandle. Fog and reduced air traffic persisted from the Great Lakes to the Atlantic Coast with early high winds and hail in Southern California.
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