No Link Found Between Steel Crisis and Stock Break
SEC study staff found no clear evidence that President Kennedy’s steel price fight triggered the stock market crash of May 28 1962. The report notes the crash result from multiple factors, including rapid price shifts by steel firms and shifting investor sentiment toward inflation and confidence in the Kennedy administration.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Securities and Exchange Commission
Kennedy
S.E.C
Hood Quits Alabama U. Hood Withdraws From University
Hood, a 20 year old Gadsden resident, withdrew from the University of Alabama citing physical and mental health reasons. The university canceled a trustees meeting to hear charges stemming from Hood’s July 16 speech and alleged violations of a student news conference rule. Charges included accusations of conspiring to violate university policy and of cursing a dormitory resident. If read, the charges could bar Hood from fall term enrollment beginning September 20.
MENTIONED IN THIS ARTICLE
Tuscaloosa
Ala
James A. Hood
University of Alabama
Hood
Gadsden
Eller
Vivian d. Malone
Treasury Delivers Error In Daily Balance Report
Washington Aug 12 The Treasury Department corrected a reporting error showing Aug 5 balance at 6 262 734 291 20 instead of 6 275 310 260 12. The mistake followed by more than 300 accurate figures on the same daily statement. Putnamville riot injures seven at Indiana state penal farm. 500 inmates involved after death of Merrill Hobbs prompts police response. laundry burns. six dormitories damaged.
MENTIONED IN THIS ARTICLE
New York ‘Times
Treasury Department
Washington
Corhig Bank
Treasury
Daily World
Putnamville
Ind
Indiana State Penal Farms
Arthur Campbell
Merrill Hobbs
Indianapolis
Campbell
Vincent J. Vance
Albert Ellis
Insecticide Mist Kills Cattle Near Toppenish
Spray mishap in Yakima Valley hops fields released tetraethylpyrophosphate causing two cow deaths and about 30 people to rush to hospitals. Thermal inversion kept the poison cloud aloft and forced evacuations of residents. four remained overnight. Indonesia moves to grow its own cloves for cigarette production.
MENTIONED IN THIS ARTICLE
Yakima
Here
Ray Cerna
Cerna
Simple Freedom Drives East German Flight From Berlin Wall
An East German woman recalls 16 months behind the Berlin wall and a 1952 58 jail spell for her husband. After escaping with their two children, she reflects on the longing for freedom, the oppressive regime, and what prompted many to risk death. The piece notes that some leave to protect their children and that the wall finally woke people to communism's horror.
MENTIONED IN THIS ARTICLE
Katerina Thomas
Frankfurt
Germany
Berlin Wall
Berlin
Wall
East Germany
Jian
Havel
State Fair Opens With Record Crowds and Livestock Wins
At the Illinois State Fair the livestock judging began as 25 000 parking spaces filled and crowds packed the grounds for events including a high school band contest and the horse show. Ronnie Strawson 17 of Wilmington won with his 840 pound Aber deen Angua Blackie in steer competition. The Phantomettes from VEW Post 2048 Elmhurst won junior color guard while Pierce 15 Humboldt claimed senior honors with a 904 pound Hereford. The veterans contests drew a large crowd as the Kewanee Black Knights fell to the VFW in the senior drum and bugle corps with Piasa Ionians Alton winning the girls drill team.
MENTIONED IN THIS ARTICLE
Springfield
State Fairlinois State Fair
Raymond N. Duycey
Gram
Ronnie Strawson
Wilmington
Blackie
Lear VayaguLy
Satur
Phantomettes
VFW
Rockford
Copley Announces Publisher Change in Illinois Papers
Springfield August 12 AP James E Copley head of Copley Press says Jack Heintz will retire as publisher of the Illinois State Journal and Illinois State Register James E Armstrong editor of Illinois State Register will succeed Heintz in the post announced Sunday
MENTIONED IN THIS ARTICLE
Springfield
James E. Copley
Copley Press
Jack Heintz
Illinois State Journal
Illinois State Register
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Herrin and
Carbondale
Illinois
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American Legion Post
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