Federal tax cut could shift burden to state and local taxes
The article argues a federal income tax cut may free about $10 billion but states and localities would likely raise revenue, absorbing funds through higher taxes. Walter Heller counters that demand would rise similarly, leading to more output and jobs, with state and local tax revenues near $3 billion next year.
MENTIONED IN THIS ARTICLE
New York
Congress
U. S. Treasury
Walter W. Heller
President’s Council of Economic Advisers
Heller
Markets at a Glance US stocks mixed bonds steady
Stocks move higher in moderate trading while American shares slip. Government bonds stay steady in quiet session. Midwest equities rise as cotton futures fall. Chicago grain markets show wheat corn oats rye and soybeans advancing. Hogs hold near 17.65, cattle to 26.00 with gains, sheep steady at 22.00.
MENTIONED IN THIS ARTICLE
United Press International
U. S
Midwest
Chicago
Hartke to Speak on Mental Health in Indianapolis
U S Senator R Vance Hartke will keynote the Indiana Association for Mental Health Annual Meeting and Program Conference September 19 20 at the Claypool Hotel Indianapolis He will report at the noon luncheon on national mental health legislation and its link to community health centers for the mentally ill and retarded The conference chair L M Baker Ph D says the event will stress the community's responsibility for care and treatment of the mentally ill
MENTIONED IN THIS ARTICLE
Indianapolis
U. S
R. Vance Hartke
Indiana Association For Mental Health
Claypool Hotel
Hartke
L. M. Baker
New York Markets and Industrial Averages Ada
New York markets close with the Industrials at 719.58 up 1.03 and Rails at 176.24 up 2.88 while Utilities slip to 143.77. A long list of stock values appears alongside prominent names such as Coca Cola Colgate Palmolive General Electric and Ford Motor amid daily averages dated Friday August 16 1963.
Wall Street Outlook From Major Firms Cites Profits And Oil Drilling
Wall Street analysts like L O Hooper at W E Hutton and Thomas P Doherty of Harris Upham note record corporate profits shaping higher stock prices. They see a narrow trading range for now and demand for oil well drilling stocks as majors drill deeper while smaller firms pause. Kenneth Ward of Hayden Stone recommends holding prior picks and buying on Dow dips toward 695 700, selectively.
MENTIONED IN THIS ARTICLE
New York
Upl
Bache & Co
Wall Street
L. O. Hooper
W. E. Hutton & Co
Kenneth Ward
Hayden, Stone & Co
Market Reports Chicago Livestock Prices Stand Mixed
Hogs 4,500. butchers steady to weak. 200-230 lb hogs 17.65-17.85. 180-200 lb 17.00-17.50. 240-280 lb 17.00-17.35. 300-350 lb 17.00-14.50. Sows 15.50-16.25. 350-400 lb 14.50-15.50. Cattle 4,500. slaughter steers 25.50-26.00. 900-1,300 lb variety 24.50-25.50. Heifers 24.75-24.85. cows 15.00-16.50. Sheep 300. slaughter lambs 21.50-22.00. ewes 3.00-6.00.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Egg price shifts in New York market
USDA report shows rising egg offerings and softer demand in New York. White eggs priced at 3544-37 for extras and 40-43 for top quality. Brown eggs at 371-39 and 40-42 for top quality.
MENTIONED IN THIS ARTICLE
New York
USDA
Chicago Produce Prices Report For Live Poultry And Dairy
Live poultry receipts too few to report prices. Cheese types show processed loaf 39 to 44 with brick 39.4, Swiss Grade A 50 to 55, B 49 to 53. Butter holds steady with 93 score 57, 92 score 57, 90 score 56, 89 score 54 to 42. Eggs barely steady with white large extras 35, mixed large extras 35, mediums 28, standards 31.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis Livestock Hogs Market Report
Indianapolis livestock market data shows hogs 5,500 head active and steady to strong for barrows and gilts while sows are slow to steady or weak. Weight ranges 200-235 pounds at 17.65 to 17.85 in several lots, around 29 head at 225 pounds near 17.90, and 190-260 pound lots mixed 17.25 plus.
MENTIONED IN THIS ARTICLE
Indianapolis
USDA
Man Confesses to Motels, Groceries Heists and Car Theft
Jesse Fain Deal, 29, admitted to robbing a motel and three drive-in grocery stores and to stealing a car. He also claimed to be a relative of Jesse James.
MENTIONED IN THIS ARTICLE
Ballas
Jesse Fain Deal
Deal
Jesse James
Rails Stage Slight Rally In Slackened Trading
The article notes a cautious rally as rails index up modestly amid rumors of a forthcoming union statement on the railway labor dispute possibly affecting a strike on Aug 29. The Dow Jones industrial average rises to 719.02, with the AP 60 up 0.1 and rails up 0.3. motors and some autos show slight gains while Polaroid and others fall.
MENTIONED IN THIS ARTICLE
New York
Rails
Wall Street
Associated Press
Studebaker
National Airlines
Polaroid
Goodyear
Anaconda
U. S. Gypsum
Royal Dutch
Parke, Davis
Dow Jones
American Stock Exchange
U. S
Livestock Market Prices and Ranges Report
A market summary lists cattle at 375 head, calves 75, not enough data for trend. Hogs show 180-200 lb at 16.75-17.25, 200 lb to 17.50, sows 275-350 lb at 15.75-16.75, 350-400 lb 14.75-15.75, 400-500 lb 14.00-14.75. Steers 24.50-25.50 for 4-H, utility cows 14.00-15.00, vealers 25.00-29.00. Sheep and lambs at 18.00-20.50, ewes 3.50-5.00.
Hog market report from Evansville Indiana
Evansville hog market shows 1 200 head active with prices 25 to 35 higher for barrows and gilts while sows move 25 higher. Trade for 190-240 lb hogs runs 17.50 to 17.85 with 29 head at 17.95 and 190-260 lb hogs 17.35 to 17.50 and sows 13.75 to 16.50.
MENTIONED IN THIS ARTICLE
Evansville
Ind
USDA
Poultry and Eggs Prices From Indianapolis Roasters
Indiana roasters list egg and poultry prices with sizes and per dozen or per unit rates. Large eggs fetch 33 to 35 cents, medium 24 to 25, small 14 to 16, and large 24 to 26 cents. additional roaster pricing appears for different weight categories.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana
Poultry and Eggs
Local Markets Grain and Feed Report From Indianapolis
Wheat prices listed at 1.64 per bushel. Corn 1.18 for yellow ear and 1.20 shelled. Oats 63 cents. Rye No 2 at 1.13. Soybeans yellow 2.45 with black and mixed 2.14. Eggs large 33-35, medium 24-25, small 14-16. Hog market shows No 1 and No 2 hogs 210-240 lbs at 17.10 to 17.35 dollars, 240-260 lbs 16.60, 260-280 lbs 16.35, 280-300 lbs 15.60, sows 300 lbs and down 15.50.
Frankfurter Receives ABA Gold Medal For Judicial Service
CHICAGO Felix Frankfurter, 80 year old retired associate justice of the U S Supreme Court, wins the American Bar Association gold medal for conspicuous service to American jurisprudence. He could not attend due to a stroke last year. AUSTIN Billie Sol Estes, Texas promoter convicted of fraud, becomes director of the new International Love and Good Will Corp. charter says it aims to obtain members interested in bettering the economic welfare of underprivileged persons. MINNEAPOLIS Meade Lux Lewis, after 40 years of jazz, begins taking classical piano lessons from a Los Angeles teacher in his hometown, saying she is very patient with him.
MENTIONED IN THIS ARTICLE
Chicago
Felix Frankfurter
U. S. Supreme Court
American Bar Association
Frankfurter
Austin
Tex
Billie Sol Estes
Texas
New “International Love and Good Will Corp
Texas Secretary of State
Minneapolis
Meade Lux Lewis
Los Angeles
Senate Chairs Endorse Ban Treaty Case Gaining
Washington set of committee leaders say witnesses present a strong case for ratification of the limited nuclear test ban treaty. Senator Russell notes military disadvantages but remains open minded as hearings continue.
MENTIONED IN THIS ARTICLE
Washington
Senate
Richard B. Russell
Armed Services Committee
Georgia
U. S
J. W. Fulbright
D-Ark
John O. Pastore
D-R. L
Joint Atomic Energy Committee
Foreign Relations Committee
John A. McCone
Central Intelligence Agency
Maxwell D. Taylor
Joint Chiefs of Staff
Pentagon
Soviet Union
Public Hearing Set on Alcohol Permits in Vigo County
The Local Alcoholic Beverage Board of Vigo County Indiana will hold a 9 a.m. September 6 1963 public hearing at the Clerk's Office Terre Haute to consider permits for Herman Fry and Vera Nichols dba The Northern Star Restaurant Bessie Fehrenbach dba 630 Tavern Helvie and Margaret Holman dba The Rafters Roberta Dora and Bart Corsentiono dba Day Holiday Inn Phil Redd dba Hollywood Barners at various Terre Haute Crescent and Vincennes locations. The hearing will review fitness and propriety of applicants and is open to the public with participation requested. Indiana Alcoholic Beverage Commission. Executive Secretary W F Condon Chairman Joe A Harris.
MENTIONED IN THIS ARTICLE
Alcoholic Beverage Board
Vigo County
Indiana
Terre Haute
Herman Fry
Vera Nichols
Northern Star
Tippecanoe Street
Bessie Fehrenbach
South Thirteenth Street
Helvie and
Margaret Holman
the Rafters
Wabash Avenue
Crescent Motel
Robert E. Dora
North Fourth Street
Bart E. Corsentiono
U. S. No
Vincennes
Holiday Inn
Dixie Bee Highway No. 41
Phil Redd
Hollywood Barn
Cherry Street
Indiana Alcoholic Beverage Commission
W. F. Condon
Joe A. Harris
The Work of God in a Garden Poem
A devotional poem by Leroy Foltz from Lafayette reflects on God’s creation in a garden. It links beauty in nature to divine love and urges acts of kindness, guidance, and sharing God’s work with others.
MENTIONED IN THIS ARTICLE
Leroy Foltz
Lafayette
Back to School Rummage Sale Announced
Friday and Saturday event at 121 S. 8th promotes a community rummage sale. Includes Beltone Nova Hearing Glasses from 215 Merchants Bank Bldg and notes on utility bills money orders notary public. Riders wanted for Chicago trips and chiropractic services offered by Dr M C Grainger.
MENTIONED IN THIS ARTICLE
Beltone Hearing Aid Center
Nova
Merchants Bank
Help Wanted Ads From Tribune Star Classifieds
Multiple short job notices seek part time and full time workers across food service child care and sales. Applicants include ages 20s to 60s with varied experience. Positions span beauty counter training sewing production pizza shop waitress nurse aides and retail clerks with contact details and hours.
MENTIONED IN THIS ARTICLE
AVON
Tribune-Star
Lost and Found Classified Fragments Include Pets and Services
A mix of lost pets Tiny the Toy Manchester, a parakeet with dark wings and green breast, and rewards offered. Also listed are care services for the elderly by the hour or month, private room arrangements, and various ads for tavern meals, alterations, and soft fall wools. Addresses include 1905 6th Ave and 2908 Putnam.
MENTIONED IN THIS ARTICLE
Manchester
Estate of Charles Wyeth final account set for Sept 16
Merchants National Bank of Terre Haute as Executor files final account in Vigo Circuit Court Probate Division. On Sept 16, 1963, interested parties must appear to show cause why the account should not be approved and to establish heirship and claims. Also notice of additional appropriations for Prairie Creek Township with hearings and hearing dates. Gold en T. Burson, Trustee.
MENTIONED IN THIS ARTICLE
State of
Indiana
County of
Vigo
Charles Wyeth
Merchants National Bank of Terre Haute
Vigo Circuit Court
Edward L. Hamilton
Everett and
Everett
Autos for Sale Include 56 Cadillac and 63 Chevrolet Biscayne
Classified list shows 56 DeVille with full power and air, 54 Pontiac two door with power steering, 54 Plymouth convertible, 66 Bel Air convertible, 59 Bonneville two door hardtop, 57 Plymouth Belvedere, 59 Buick two door, plus SUN Tachometer transmitter and Jaguar Roadster advertised with prices and contact codes for Al Heintz Auto Clinic and Little Detroit on Wabash and Lockport avenues.
MENTIONED IN THIS ARTICLE
Henaine
AL Heintz Auto Clinic
Oldsmobile
Little Detroit
Wabash
Lockport Rd
BUICK
John’ Walsh
Veteran seeks painting cleaning and odd jobs
Classified notice lists veteran requesting painting cleaning and various odd jobs. References codes C-2098 L-1646 N-3132 and H-1708 with notes about reasonable rates and pickup and delivery ironing services offered by Phillips.
MENTIONED IN THIS ARTICLE
Phillips
Turner Plastics Vacuum Forming Plant Offer
Turner Corporation offers a complete plastics vacuum forming and manufacturing setup with metal forms, expert training, market-ready products, and sales support. Finance the $6,900 investment with $3,500 down and 36 months to pay. Demonstrations run August 13 nightly 10 A M to 10 P M. No prior plastics experience required.
MENTIONED IN THIS ARTICLE
Turner Corporation
Turner
Also Mentioned on This Page
Business Mirror
Edward D. Jones & Co
New York Stock Exchange
Cherry St
Lincoln
Eee
Heren of
Superior Loan CO
Wabash Ave
Provident Growth Corporation
R. D. Bowsher
Ohio
Twelfth ST
Professio
Nyan
Terre Haute, Indiana
Prince
Mr. Churchill
Deeds
Greek Island
Geese
Dickens
Portico
Francis I. du Pont & CO
Nat's Bank
E.S.T
Zu Rad. & S. Smelt
Str
Fnd. , Tel
Ti. Tob. Co. Viscose
Abbott Lab
ABC
Lud Allied Chem Allied
Alum. Ltd
Alum. Co
Allis Chal
Ail Am
Brdc.Pa
Can Co
Cyan
Amer
Gas Amer
Prod Am
Mach. & F Am
Met
Clim
Motors Am
Dhata Am
Armco Stl
Armour Arvin Atchison
T. Ad
Refin
Auto Can Aveo Mfg
Bald
Lima Bath Iron Bendix Avia
Beth
Boeing Air
Borde
Bell Airc
Bell & H.L. Borg-Warn Bruns
Ball Budd Co
Bulova Burl
Burroughs Bucyrus Camp
L Can
Pacific Carrier Cater
Trac. Case J. I. Celanese Cen
Hil. P.S Cer
de Gas
Cert
Tech
Cluett-Pbd
Coca-Cola
Colg
Palm
Collins
Col. Fuel Col
Brdc
Col. Gas
Credit Com
Solv
Edison
Marshall Field
Firestone
Food Mach
Ford Motor Freeport Snr
Fruehauf
Mills
Gen
Dynamics
Electric
Gen. Foods
Instit
Gen. Motors
Util
Tiss & R
Getty Oil
Gillette Glidden
Goodrich
Goodyear ‘Gould
Grace WR
Granite City
Greyhound
Gulf Oil
Harris Inter
Hanna Homestake
Howe Sound
Hussman
Bus
Mac
Johns-Manvill Jones
Laugh
Kaiser Alum
Kansas City
Kennecott Kern Co
Koppers Korvette Kresge S. S. Kroger
Libby-Owens-Ford Ligg
Myers Toch
Lockheed Lone Star
Lorillard Louis
Nas
Mack Trk
Mac Donnell Magna
Maganavox Martin Co
Marine Md
Masonite
May
Maytag McGraw
Merck Mer
Minn
Honey Inn
Min
Iss
River Monsanto
Mont
Ward Phil
Morris Motorola
Mueller Br
Bisc
Cash F
Eeesy
Pitts. Pl
Pittston Plough, Inc
Polaroid Proc. & Gam. Pub. Soc. Ind
Pullman Pure
Quaker Oats Radio Corr Rayonier Raytheon
Repub
Ste
Eeu Tearwin Rohr Aire
Royal Dutch Safeway St
Stl
San F
St. Reg. Pap Schenley
Scott Pap
Sears Roe
Sharon St
Shell Oil Sinclair Oil Singer
Calif
E Southern Co
Pacific Southern F . Sperry Rane Spencer Ph. Ltd. Brands Ltd
Rols
Ltd
Oil Calif
Oil Ind. Ltd
Oil NJ Ltd
Oil O. Stanley Warn
Dtaurter
Sterling Drug
J. P. Stevens Stew
Warn, Stone & Web
Rexall
Reynolds Met
Reynolds Tob. An
Rahfiala
Stude. Pack
Sunray Mid
Swift
Aca. Wu
Tex. Gulf Snl
Instrumen Ex. Pac. C. Pity Textron
Thiokol Chem
Thomp. Ramo
Tidewater Oil
Timken R.B
Transac Air
Union Carb
Union Bag
Union Oil Cal
Union Pacific 35
U. S. Pipe & F
U. S. Rubber
U. S. Steel
U. S. Tobacco
Walgreen
Warner Bros
Union 49
Peenee
Oe Air B
Wheeling
Wilson Son Ed Woolworth F. W
Yale & Tw
Youngs Sheet
Zenith Radio Ae
Cen
Fox
Universal Match
Aircraft
Airlines
Univ. Oil
Upjohn Co
Va. Carolina
N. Y
Wall St. Charter
Thomas P. Doherty
Harris, Upham & Co
Chicago Livestock
Indianapolis Livestock
Grain and Feed
People In News
Earth
Miss Cook
C. Greenwood Drugs
M. C_ GRAINGER
Indiana Mutual Credit Association OF
Texas Oil Company
Charles Gilpatrick
Idhana State Employment Service
Garrett
c/o
Terre Haute Tribune Star
Troofer
al Laughrey
N. 13Th Street
Miriam Black
E. R
Skinny” Meyer
Mgr
R. Tucker
South
Southern Greetings
N. Hollywood
Dept
Memphis
Tenn
Emmons Jewelers Fabulous
McMillan Sports, Inc
Luigi’s Pizza
Derby Hill
Hook's
7Th and Wabash
Royal Chef
Lafayette Ave
Fountain Help
Hook’s
16Th and Poplar Street
S. Prairieton
Carl L. Hudson
8th _and
Crawford
Hudson’s Restaurant
13Th & Margaret
Miller’s
Huffer’s Beauty Shop
Smith’s Department Store
Bernon Beauty Salon
North Lake
6Th Ave
Columbus
R. N
R. N. Supervised
Putnam
Paul Morris
15Th Street
Carl Krausbek
S. 13Th
Prairie Creek Township
State Board of Tax Commissioners
Golden T. Burson
P. O. Box
North Drive-In
Paul Fields
John Moore
Bonneville
Jaguar
Marshall
Town and Country Food Co
Clay
Parke
Edgar, Clarke
Illinois
Bere
Era
Bete
Nandie
Leroy Berries
Hiness
2Nd & Chestnut
T. H. Growers Market
Great Northern Cafe
Tippecanoe
North Side
W. H. Maehling
A Plastics
Albert Pick Motel
Dixie Bee Rd