Khrushchev on inflation and American cost of living
The piece contrasts Khrushchev's inflation explanation in the Soviet Union with U S inflation trends. It notes Russia faces high wages and ruble surpluses, while the United States shows price gains tied to cost push and deficits. Western economists question Moscow's reasoning and warn on wage price spirals.
MENTIONED IN THIS ARTICLE
New York
Nikita Khrushchev
United States
Soviet Union
Treasury
Khrushchev
Johns-Manville Denies Monoploy Charge in Indictment
New York June 5 Keasbey Mattison of Ambler Pa and Johns-Manville Corp deny charges in a federal indictment claiming a conspiracy to monopoly asbestos cement pipe market. The company says it rejects the allegations and will defend against them in court.
MENTIONED IN THIS ARTICLE
New York
Pi- Johns-Manville Corp
Keasbey & Mattison
Ambler, Pa
Markets at a Glance Stocks edge higher amid mixed trading
UPI reports irregular gains in US stocks and higher bonds in quiet sessions. Midwest markets hold, cotton steady, grains volatile in Chicago. Hog prices ease to 16.75, cattle fall to 26, sheep rise to 25.50 with dressed beef at 44 and pork up to 41.50.
MENTIONED IN THIS ARTICLE
U. S
Midwest
Chicago
Stock Market Trading Heavy on Broad Rally at Noon
A mid morning rally lifted the New York stock market from early losses as blue chips led gains. AT&T rose from a loss to a modest gain, Du Pont recovered, IBM swung from a loss to a gain, and Zenith Litton Polaroid advances added to the broad uptick with the Dow Jones averages showing gains at noon.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
American Telephone
du Pont
At&t
IBM
Zenith
Litton
Polaroid
Dow Jones
Reuben Donnelly Service Club Dinner Slated
The tenth annual Reuben H. Donnelly Service Club dinner is set for Wednesday at Hotel Deming. At Terre Haute the event will be attended by 50 percent of employees, half with at least five years of service. Distinguished guests include Curtis E. Frank and others. Emblems will honor five, ten, fifteen, and twenty year members as host John J. Goeres introduces the program.
MENTIONED IN THIS ARTICLE
Reuben H. Donnelly Corporation
Service Club
Hotel Deming
Terre Haute
Chicago
Curtis E. Frank
Hamilton B
Donnelly
Goeres
Three Divorces Granted in Vigo County Courts
In Vigo County Tuesday morning three divorces were granted. Helen Wade of 2715 Jackson street was divorced from Joe Wade with custody of three children and $20 weekly support. Mary M. Schultheis was granted a divorce from John A. Schultheis in Superior Court No 2. Sharon F. Brown was granted a divorce from Ralph B. Brown and custody of a two and a half year old child.
MENTIONED IN THIS ARTICLE
Vigo County
Superior Court
Albert R. Owens
Helen Wade
Jackson Street
Joe Wade
Mary M. Schultheis
AR 1
John A. Schultheis
Superior Court No. 2
Harold J. Bitzegaio
Sharon F. Brown
AR 5
Ralph B. Brown
Florida
Deep Sea Fish Harbor Cold Light Organs
Some deep sea fish possess organs that emit a glow without heat, producing cold bioluminescence used for attracting prey, communication, or camouflage in the ocean depths.
96 to Graduate In Honey Creek Commencement
Ninety six Honey Creek High School seniors will graduate at 8 p m today in the school gymnasium. Principal William G Ray will introduce speaker Carl S Riddle and diplomas will be presented by Superintendent Max P Gabbert.
MENTIONED IN THIS ARTICLE
Honey Creek High School
William G. Ray
Carl S. Riddle
Max P. Gabbert
Donna K. Abell
Warren G. Aldrich
Randall B. Allen
Sandra J. Asay
Barbara M. Barron
Sharon C. Black
David R. Boothe
Geoffrey P. Brown
Karen S. Buckthal
Ronald L. Budd
Deanna J. Burnett
Richard B. Butler
William B. Byrum
Alvin R. Campbell
Patricia J. Church
Thomas W. Clough
Steven P. Collier
Raymond A. Collins
David L. Cottom
James W. Cotton
Marilyn L. Crable
Tana K. Dayhuff
Nancy Sue Everett
Gary W. Farley
Ronald R. Farrand
Thomas O. Ferguson
Sandra S. Gabey
Bruce A. Gant
Tamara K. Folkes
Sandra S. Gipson
Linda S. Hamelmann
Ben E. Harlan
R. Leon Henderson
R. Douglas Henry
Virginia C. Hill
Frank L. Hilton
Judith L. Hoover
Ronald E. Horndasch
Marvin L. Huffstutter
Carl L. Hunt
Franklin A. Isbell
Patricia A. Newlin
Richard C. Nickel
Michael M. Orman
Stephen L. Owens
Bill L. Payne
Patti C. Purcell
Robert E. Reed
Phyllis J. Sanders
John A. Sandiford
Cheryl G. Scamihorn
Darlene K. Scamihorn
Richard A. Sebring
Esther R. Simbol
Caroline S. Smith
Robert L. Smith
Phyllis M. Stancombe
James
P. Thomas Wilbur
R. Maxine Williams
Nancy A. Williamson
Melony S. Yockey
Prices Dip In Wholesale Index On May 29
Wholesale prices fell by one tenth of a percent in the week ended May 29 the Labor Department reported. The index rose to 100.1 percent of its 1957 1959 base.
MENTIONED IN THIS ARTICLE
Washington
Apl
Labor Department
Rotary International opens 53rd convention with gala reception
More than 20,000 Rotary members gathered in Los Angeles for the first day of the 53rd annual convention. Delegates from all 50 states and 64 foreign countries attended opening sessions including the election of Carl P. Miller as president for 1963 64.
MENTIONED IN THIS ARTICLE
Los Angeles
Rotary International
Carl P. Miller
Mayor Protests Highway Plans Over Wabash River Navigation
Terre Haute mayor protests bridge plans along the Wabash River seeking at least 30 ft clearance to enable river navigation. He cites grain and coal industry needs and urges basin mayors to oppose actions hindering canalization potencial starting at Terre Haute. The Corps report now places canalization feasibility above Terre Haute.
MENTIONED IN THIS ARTICLE
Wabash Valley
Wabash River
Tucker
Wabash
U. S. Army Corps of Engineers
Vincennes
Corps
Congress
Terre Haute
New York Markets at 1 P M Stock Averages Rise
The 1 PM market snapshot shows broad gains across industries with notable rises in industrials and rails. Key names listed include Abbott Lab, Coca-Cola, General Motors, Exxon, IBM, Kodak, Boeing, Ford, and many others amid a general uptrend, with daily averages up versus the prior session.
Chamber Plans Business-Farm Parley Monday
Vigo County farmers will be invited to the Terre Haute Chamber of Commerce 1962 Business-Farm Day. The event alternates hosts between farmers and business people each summer and aims to boost mutual understanding and cooperation. A Monday meeting will set the date and name committees led by Ray Graham with a luncheon at the Terre Haute House and tours of local businesses.
MENTIONED IN THIS ARTICLE
Vigo County
Terre Haute
Vigo County Fairgrounds
Terre Haute House
Graham
J. T. Branam
Guy Harris
Everett J. Acree
Carl Bauermeister
Harry P., Brentlinger Jr
Clarence Curley
Thomas A. Curley
Earl Drake
Cyril Gard
Robert J. Ingersoll
Harry O. Miller
Kermit M. Nees
W. E. Gambill
Robert Harker
E. P. Redman
K. Robert Whitaker
Charles Spriestersbach
Herbert R. Criss
Vigo
Bert F. Wood
Alcoholic Beverage Board
Indiana
Court House
Horse Shoe Club, Inc
John Checha
Emma _ Checha
R. R. No
S. 1St St
Indiana Alcoholic GE Commission
W. F. Condon
Joe A. Harris
Vigo County Council Hears 92 000 Request In Emergency Funds
The Vigo County Council met in its third special session to consider emergency appropriations. A highway department representative requested about 92 000 additional funds, roughly 75 percent of the total 120 000 requested by all county units. Other requests came from the Sheriff Office Health Board Superior Court No 2 Court House and the County Home.
MENTIONED IN THIS ARTICLE
Vigo
Everett S. Branam Sr
A. LeRoy Lewzader
Thelma Nasser
County Highway Department
Board of Health
Superior Court No. 2
Court House
Market Reports from Indianapolis Livestock Market
June 5 market data shows hogs and cattle moving with varied demand. Barrows and gilts steady to weak, 16.00 to 16.75 for 180-240 lb. steers and heifers mostly steady to weak, mid 20s for good to choice cattle. cows and bulls steady to lower. lambs uneven with lower quotes for spring lambs and utility grades.
Chicago Livestock Market Report June 5
Hogs around 8000 head with prices mostly steady to 25 lower. No 1-2 190-225 lb traded 16.25-16.75. Cattle and calves: steer and heifer prices mostly weak to 25 lower. calves light but mixed grades easing. Sheep steady to 50 higher on spring lambs. 85-100 lb lambs 23.00-25.50, 106 lb wooled lambs 19.00.
MENTIONED IN THIS ARTICLE
Chicago
Evansville Livestock Market Report June 5
Evansville livestock data shows hogs at 15.35 to 16.50 for 180-230 lb and 14.75 to 15.00 for 240-280 lb. cattle 21.00 to 23.50 for good to low choice steers. cows 16.00 to 17.00. vealers 25.00 to 30.00. sheep lambs 18.00 to 21.50. Chicago produce notes poultry at 18.5 to 22. cheese and butter variations. eggs mixed. Also grain: no wheat or soybean sales. corn 2-0. oats No. 1 heavy white. barley 1.35-1.55.
MENTIONED IN THIS ARTICLE
Indianapolis
Evansville
Ind
USDA
Chicago
Alvin York, War Hero, Improves in Hospital
Nashville reports Medal of Honor winner Alvin York, 74, is allowed buttermilk but desires cornbread. Doctors anticipate X rays to assess his hospital stay after a recent stomach hemorrhage flare up. he was admitted last week for treatment.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Alvin York
York
Kennedy Clamps Down as Market Faces Slump
The piece outlines White House and Treasury actions following a sharp stock market selloff tied to doubts about profits and inflation. It notes Kennedy's stance against inflation, pending tax changes, depreciation allowances, and debate over easing margin and reserve requirements to spur investment.
MENTIONED IN THIS ARTICLE
U. S. Chamber of Commerce
Ladd Plumley
White House
Congress
Treasury
Secretary of Commerce
Luther H. Hodges
Hodges
The
Kennedy
Dillon
President’s Council of Economic Advisers
Federal Reserve Board
Local Markets Hog Prices and Grain Rates Echo Market Lows
Salable hogs count 350 with No 1 and 2 grades at 190 to 220 lbs ranging 15.50 to 16.00 dollars, 220 to 260 lbs at 15.00 to 15.50, 260 to 300 lbs at 14.00 to 15.00, and sows near 300 lbs at 14.75 or lower. Markets are 25 cents lower. In Indianapolis June 5 quotes note fryers scarce, roasters 16 to 19 cents. Eggs listed large 21 to 23 cents, medium 14 to 16, small 11 to 13, B large 15 to 17. Salable hogs 300 counted. 220 lbs 15.75 to 16.60, 220 to 260 15.25 to 15.75, 260 to 300 14.25 to 15.25, sows 15.00 or less. Markets 25 cents lower.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana
Algeria Terror Threat Sparks European Flight and Moslem Police Plan
In Algiers fear rises as crowds of Europeans withdraw savings and seek repatriation. Police and shipping offices face lines while authorities plan to deploy Moslem policemen to curb potential terror. The U S State Department condemns the secret army threats amid deadly attacks by Moslem commandos.
MENTIONED IN THIS ARTICLE
Algeria
Secret Army
U. S. State Department
Charles de Gaulle
State Department
Lincoln White
Washington
Algiers
Switzer jailed for contempt in Terre Haute case
Richard Switzer of West Terre Haute was jailed for thirty days after a contempt of court finding by Judge Harold J. Bitzegaio. Switzer had prior rulings for failure to pay support from a March 1959 divorce and was ordered to serve 15 weekends to keep employment.
MENTIONED IN THIS ARTICLE
Richard Switzer
West Terre Haute
Harold J. Bitzegaio
Switzer
Bitzegaio
Golden Age Club Plans Friday Meeting and Saturday Picnic
Regular board meeting set for Friday at 2 PM in the YWCA with hostesses Faye Boles Clara Campbell Naomi Jones Iva Stalcup and Katherine Risher. A club picnic is planned for Saturday at the Conservation Clubhouse with rides by bus from the YWCA at 10 AM hosted by Mrs Sheeters Emma Snvden Pat Bailey Faye Boles Clarence Campbell and Ernest Boles.
MENTIONED IN THIS ARTICLE
Golden Age Club
YWCA
Mmes
Faye Boles
Clara Campbell
Naomi Jones
Iva Stalecup
Katherine Risher
Conservation Clubhouse
A. Sheeters
Emma Sn Vden
Pat Bailey
Clarence Campbell
Ernest Boles
Public Auction and Estate Final Account Notice
Public cash sale set for June 11 1962 at Englehart Garage 3050 Lafayette for a 1961 Buick 4 door station wagon and June 15 1962 for a 1957 Ford Fairlane. Also Vigo Circuit Court Probate May Term 1962 notes Edward G Snell administrator presents final account in estate No 24072 with June 26 1962 examination date.
MENTIONED IN THIS ARTICLE
Englehart
Lafayette
Terre Haute First National Bank
Englehart Garage
Lafayette Avenue
State of
Indiana
County of
Vigo
John H Snell
John H. Snell
Edward G. Snell
Vigo Circuit Court
Hattie Ape
Hattie Spriestersbach
Hatti Spriestersbach
Charles Spriestersbach
Personal notes and ads offer poems and greetings
Readers share poetry and quotes for the Tribune-Star personals column. Mr and Mrs Raymon Jennings thank friends for 50th anniversary cards. Local ads promote Beltone Triumph 6 transistor radio and Mission Bell Studio. Father’s Day gift ideas include Old Spice sets from Greenwood Drugs.
MENTIONED IN THIS ARTICLE
Raymon Jennings
Greenwood Drugs
Lafayette
In Memoriam Ad Ad Copy for Beauty Shops and Services
An aged classified fragment lists price ranges for cold waves from Miller's Beauty Shop in Washington with several salon names and codes. It mentions Garfield Beauty Salon and Klip n Kurt with dates and descriptors, suggesting a nostalgic late 1917 advertisement column.
MENTIONED IN THIS ARTICLE
Miller's Beauty Shop
Washington
Garfield Beauty Salon
Gladys Sutton Klip
Kurt
Beech
Lost Fox Hound Reward for Return
A black white and tan male fox hound is missing near Darwin Rd. W T H Child reports the pet belongs to him and offers a reward.
MENTIONED IN THIS ARTICLE
Darwin Rd
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