Kennedy Signals Limited Tax Breaks for Business
President Kennedy reaffirmed a planned personal tax cut for individuals next January while noting no new business tax concessions. He said current business tax relief already in effect is sufficient. The article adds that New York Metal Climax plans an $80 million annual sales boost via Kawneer of Niles Michigan and Apex Smelting of Chicago through convertible preferred stock. Three top U.S. salt producers Morton Diamond and International were acquitted on price fixing charges, with jurors finding no evidence of collusion behind price similarities.
MENTIONED IN THIS ARTICLE
Washington
Wpp
Kennedy
New York
American Metal Climax, Inc
Kawneer Corp
Niles, Mich
Apex Smelting Co
Chicago
Minneapolis
Morton, Diamond
International
Department stores sales rise for 12th straight week
Washington department stores posted a 4 percent sales gain last week compared with the same week a year earlier, marking the 12th consecutive weekly increase over the prior year according to the Federal Reserve Board.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Stocks Edge Higher As Trading Slows On June 8
New York stocks rose modestly as trading slowed from Thursday. Dow gained about three points led by Du Pont and General Electric, with gains in steels autos and electronics including IBM, Beckman, Litton, Motorola and Burroughs.
MENTIONED IN THIS ARTICLE
New York
du Pont
General Electric
Ford
Parmelee
General American
Socony-Mobile
IBM
Beckman
Litton
Motorola
Burroughs
May Hoosier job gains set record since 1951
The Indiana State Employment Service reports 10 763 Hoosiers placed in non farm jobs in May up 24 percent from April. Nicolini ties rise to job opportunities and service usage with 23 of 31 offices higher than April and 27 higher than last May. Increases range from 2 percent in Columbus to 114 percent in Kokomo. The piece notes a historic May context tied to early U S stock exchange history in 1792.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana State Employment Service
Columbus
Kokomo
Government studies rise in foreclosures prompts survey
Washington reports the Census Bureau will survey six cities to probe why homeowners cannot keep up mortgage payments amid a years long rise in foreclosures. Last year foreclosures exceeded 22 000 above 1960, the highest total since 1940, with 73 074 non farm properties foreclosed in 1961, most of them private houses.
MENTIONED IN THIS ARTICLE
Census Bureau
Wall Street Sees Base Forming Amid Fluctuations
Wall Street analysts from Jerome Peck Associates and others report the market showing a base formation as fluctuations continue. They cite early consolidation, potential in and out trading opportunities, and a large buying power reservoir ready to act at bargain levels pending further market action.
MENTIONED IN THIS ARTICLE
Jerome Peck Associates, Inc
Shearson, Hamill & Co
Market Hogs Cattle and Sheep Prices in Indianapolis
Market report from Indianapolis shows hogs 6,000 head. prices steady to strong for 180-230 lb, 230 lb plus steady to weak. Cattle and calves receipts mostly cows with limited market, good and choice candled at 26.00-30.00. Sheep scarce but spring lambs active at 18.00-20.00.
Chicago Livestock Market Report Dated June 8
Chicago livestock market shows hogs 5 000 head with price ranges for diverse weights and classes. cattle and calves limited. slaughter steers and heifers steady to higher, cows and bulls listed. sheep also steady with lamb and ewe prices and weight classes specified. Major buyers and traders include typical USDA reporting lines for hogs, cattle, and sheep.
Hog market report from Evansville on June 8
US Department of Agriculture cattle and hog figures show steady to lower prices for hogs and sows. Buyers traded mostly 185 to 230 pounds at 16.35 to 16.85 per hundredweight with several lots around 17.00, while lighter and mixed lots moved between 15.25 and 16.50. Sows in 250 to 400 pound range ranged 13.50 to 14.50 and heavier 400 to 600 pounds brought 12.75 to 13.50.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Evansville
Ind
Chicago Produce Prices Report From June 8
Live poultry receipts are too few to report prices. Cheese varieties listed include single daisies long horns and Swiss Grade A with several price ranges. Butter shows a steady to firm trend with various scores and sizes noted.
MENTIONED IN THIS ARTICLE
Chicago
Egg market report New York June 8 USDA
Egg offerings show weakness in best large quality and fair overall. Demand active for large eggs. improvements seen in mediums. quiet for smalls. Whites: Extras 30-31 cents, top quality 30-33. on Extras 30-31. top quality 30-33.
MENTIONED IN THIS ARTICLE
New York
USDA
Local Market Livestock and Grain Prices reported
Salable hogs totals reach 200 with No 1 and 2 grades at 190 to 220 pounds $16.25 to $16.50 and 220 to 260 pounds $15.75 to $16.25. Markets 25 cents higher. Wheat at $1.98, corn $1.05 to $1.07, rye $1.12, soybeans $2.05 to $2.35. Indiana fryers 16 to 16 1/2 cents, roasters 16 to 19, eggs up to 24 cents for large, 11 to 12 for small. Tribune-Star ad lines follow.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana
Educator Warns Indiana Firms On Brain Drain
Dr. Thomas Jones, president elect of the University of South Carolina, urged Indiana industrials to hire more local college graduates and boost research to prevent skilled talent from leaving. He cited Purdue’s 25 percent share of electrical engineering degrees and warned that Japanese competition in electronics could curb Indiana employment.
MENTIONED IN THIS ARTICLE
Indianapolis
UPD
Thomas Jones
University of South Carolina
Hoosier
Jones
Purdue University
South Carolina
Indiana Department of Commerce and Public Relations
Cuba
Atlanta
Purdue
Indiana
Indiana College
Rabbi relates last meeting with Probstein in Indianapolis
Rabbi Maurice Goldblatt said he lent 4200 dollars to David Probstein in September 1954 to fund a tax distressed property investment for his son. Probstein vanished for seven years and reappeared this week in a federal grand jury probe in Washington. Goldblatt, formerly with the Indianapolis Hebrew Congregation, may seek legal action to recover the money. Marion County Prosecutor.
MENTIONED IN THIS ARTICLE
Indianapolis
David Probstein
Maurice Goldblatt
Probstein
Washington
Federal Grand Jury
James R. Hoffa
Teamsters Union
David
Goldblatt
Marion County
Markets at a Glance UPI Report Stocks, Bonds Steady
United Press International notes quiet trading with stocks steady, American and Midwest shares irregular, and U S government bonds firm. Cotton futures steady while grains in Chicago show irregular moves for wheat corn oats rye soybeans and lard. Hogs steady to 25 higher with a top of 17.25. cattle steady top 25.00. sheep steady top 24.50.
MENTIONED IN THIS ARTICLE
United Press International
U. S
Midwest
Chicago
New York Markets By Francis L du Pont 1962 Totals
Market report from Francis L du Pont notes New York averages at 1 P M on Friday June 8 1962. Industrials show broad activity with many major stocks listed including Am Mach Am Motors Ford General Electric IBM Remington Rand and Kaiser. The page documents per share readings and percentage changes across a wide range of blue chips.
MENTIONED IN THIS ARTICLE
Francis L. du Pont & CO
Merchants
Nat’s Bank
E.D.T
Cheerful verse plea and local ads fill personals page
Personal notes invite readers to send favorite poems for publication with signatures required. The page also lists local ads for Beltone Triumph transistors, Cayholic supplies, Fruitridge studio hours, Old Spice Father’s Day sets, Greenwood Drugs address, and a church piano donation contact.
MENTIONED IN THIS ARTICLE
Beltone Triumph
Merchants Bank
Cayholic
Mission Bel
Hulman
Mil E
Fruitridge
Greenwood Drugs
Lafayette
Local Beauty and Style Ads Highlight Spring Specials
A collage of 1920s era ads lists Cold Waves pricing from $5 to $7.50 at Miller's Beauty Shop on 2814 Washington, and Garfield Beauty Salon offering romantic young hairdos for spring. Also promotes DELICIOUS FOODS AND BEVERAGES including BAR-B-QUE ribs and channel catfish dinners at 1130 Spruce, with names Ernestine and Bill Bartlett and Gladys Sutton Klip n Kur at 1917 Beech.
MENTIONED IN THIS ARTICLE
Washington
Gladys Sutton Klip 'N Kur
Beech Delicious Foods and Beverages
Ernestine
Bill Bartlett
Vacancy for 24 hour nursing care facility listing
Phillip L. Bayt seeks to return Probstein to Indianapolis to face charges after asking Atty. Gen Robert Kennedy. Bayt plans to discuss the Goldblatt story with the rabbi while mentioning a licensed facility for mentally ill and stroke patients supervised by a registered nurse in Indiana.
MENTIONED IN THIS ARTICLE
R. N
Phillip L. Bayt
Atty
Robert Kennedy
Probstein
Indianapolis
Goldblatt
Moderne Maids Sock Hop Sponsored by Club
The Moderne Maids Social and Civic Club hosts a sock hop at the club house on 1450 Elizabeth Avenue this Sunday from 5 to 8 p.m. The event is for teens 18 and under and invites all teenagers to attend.
MENTIONED IN THIS ARTICLE
The
Moderne Maids Social and Civic Club
Elizabeth Avenue
Canyon Dam project warns spectators with danger signs
A Canyon Dam reconstruction site 17 miles northwest of New Braunfels posts a guard sign reading Danger Beyond This Point. A second line promises survivors will be prosecuted as a deterrent to close scrutiny by visitors.
MENTIONED IN THIS ARTICLE
New Braunfels
Tex
Canyon Dam
Lost and found items and notices from a local column
Room and board offered for elderly or convalescent care. Several lost items listed with rewards: Fox hound near Darwin Rd. yellow parakeet near 2400 Hulman. Bible with writing on fly leaf. grey waddled dog near 12 Points. prescription sun glasses near 7th and Wabash. Contact numbers provided.
MENTIONED IN THIS ARTICLE
Darwin
Hulman
Wabash
Strictly for Ladies Resale Ad
A brief classified notice offers resale items for cash. Contact C. M. at phone C-5969 from SHOP RESALE located at 213 S. 3rd.
MENTIONED IN THIS ARTICLE
C. M
Piano and Accordion Lessons Offered in Home
Advertisement notes accordion lessons at $1.50 and piano lessons at $1 per lesson by a qualified teacher. Location given as 2621 S. 9th with contact code D-8834.
Riders to San Diego Leave June 11
Ronald Gore identified as L-8373 leads a party departing June 11 bound for San Diego California aboard a transportation service. The notice lists the trip details and passenger designation.
MENTIONED IN THIS ARTICLE
San Diego
Cal
Ronald Gore
Earn money from home with flexible childcare ads
Several Tribune-Star ads invite women to earn money in spare time while meeting family obligations. Listings include interview line, patended baby item sales, nursing help, home care for three school-age children, live-in companion for semi invalid, housekeeper positions, and live-in babysitting in central locations.
MENTIONED IN THIS ARTICLE
Tribune-Star
Wayne Haas
U-11
Cory
Ind
South Lake
Piety’s
Prairieton Ave
Employment ads from Terre Haute area seek sales and service roles
Classified line up includes Independent Oil Co service station sales openings in Terre Haute with prospect of running own business, furnace installer in Clinton, plumber wanted, summer work for two boys, shoe sales, secretary for typing and shorthand, cafeteria bus girl, waitresses, a saleslady, general clerical part time, and curb girls at local venues with phone-free applications.
MENTIONED IN THIS ARTICLE
Independent Oil Co
Terre Haute
Tribune-Star
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S_ 13th
Fairbanks
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Cook
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S. 3Rd St
Frank Maples
Gilbert
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Tribune- Star
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N. Meridian
Club
Idaho
Smith and Weston Heating Service
N. 9Th St
Clinton, Ind
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Ave
Apply Mammoth Shoe Store
Frosty
S. 3Rd
Trianon Drive-In
Solid State
Delco Radio
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General Motors
E. Firmin St
Kokomo, Indiana
American Loan& Finance Co
Ohio St
Ree Oy
Bort
Allen & Steen, Inc
Seaboard
Seaboard Finance CO
Meadows Center
Avenan
BUICK
Manwaring
Indiana Auto, , Dealers Assn
Ranes-O’daniel
Pontiac
Plymouth
Ranes
O'Daniel