10 Dec 1962
Page 1
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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Dec 10, 1962
Page
1
A stockholder can better learn company details from financial statements, says Robert F. Witschey. The 16th annual survey notes increased disclosure on long-term leases and explains key ratios like working capital and the 2 to 1 rule for manufacturers.
A third snow storm in as many days blankets a wide band from Indiana to New England with heavy snowfall and deep cold. Michigan and Ohio report drifts and road closures. South Bend declares a state of emergency as 20 inches fall in five days. schools close across several counties. deaths rise to 42 statewide.
Japanese defense chief Kenjiro Shi ma signals no cut to defense spend ing while pursuing efficiency. A new policy allows Japan s top three star lieutenant to wear four stars to meet four star officers abroad. NATO talks in Paris and French nuclear forces loom. Indonesia moves toward resuming ties with the Netherlands, previewing visa ease and a potential new Indonesian dollar. Britain expresses concern over Skybolt missile program and its replacement by land based Minuteman systems.
The report details temperatures and rainfall amounts for the 24-hour period ending at 4 am. It notes seasonal patterns and regional variance, with higher precipitation recorded in coastal areas and cooler readings inland.
Wall Street observers warn the market may not absorb heavy supply and could falter after the turn of the year. Analysts from Winslow Colin Stetson to J W. Mack express worries the uptrend lacks steam. profits should be taken or losses cut by Christmas.
A compact listing of across and down crossword clues covering possessed to forgiveness and vehicle interlines with various foods and currencies as puzzle entries. Each clue hints at a common word answer, with thematic connections to general vocabulary and linguistic roots.
Saturday’s Puzzie delivers six clues including Macaw, ruff, period, trike, jumbo and a sodium hint. Answers align with playful cryptic style, testing vocabulary and cross references across light word games.
Ohio governor elect James Rhodes attracts growing attention as a potential Republican presidential candidate. Republicans scored four gubernatorial wins in large states, boosting Rhodes among possible nominees, though he has not been highlighted as one of the top three likely 1964 contenders.
Britain airlifted fresh troops to Brunei Sarawak and North Borneo to counter a nationalist uprising. Rebels overran Seria and clashed in Limbang Weston and Seria while hostage reports surfaced with conflicting claims and a British soldier was killed and 12 wounded in Brunei fighting.
A group of behavioral scientists from Cornell discusses how management will use psychological testing supervisory reports and on the job studies to discover employees real needs. Dr Alan A McLean predicts by 1999 firms will deploy accurate feedback systems reducing labor management strife and stressing management education in psychology and sociology.
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