Kennedy tax cuts aimed at boosting consumer spending
Budget relief for individuals is proposed to spur growth by encouraging spending in stores, auto sales, housing, and services. The plan shifts focus from business incentives to direct consumer relief with effects varying by income brackets and timing tied to Congress.
MENTIONED IN THIS ARTICLE
New York
Kennedy
Congress
Internal Revenue Service
House of Congress
Grant Divorces in Four Hearings
Four Vigo County divorces granted Monday in two superior courts. Linda Jane McKee receives custody of their child with $10 weekly support for Dave McKee. Josephine M Price and Ernest C Price are divorced. Robert David Dean and Martha Dean split. Rozier former name restored. Mary Jane Smith and Everett L Smith divorce. Smith’s former name Farris restored.
MENTIONED IN THIS ARTICLE
Vigo County
Harold Bitzegaio
Linda Jane McKee
Dave McKee
RR 6
Terre Haute
Superior Court No. 2
Albert R. Owens
Josephine M. Price
Ernest C. Price
Robert David Dean
North Fourteenth
Martha Dean
Rozier Wa
Mary Jane Smith
North Sixth Street
Everett L. Smith
Farris
Markets at a Glance: Quiet U S Stocks Mixed Futures
Stocks eased in a very quiet session with American and Midwest shares down. Cotton futures held steady while grains traded in Chicago. Wheat corn oats rye soybeans and lard futures were irregular. Hogs rose to 25 higher, cattle edged down, sheep gained as dressed beef held firm.
MENTIONED IN THIS ARTICLE
Midwest
Chicago
Wall Street Forecasts and Market Bear Phase Cautions
Bradbury K Thurlow of Winslow Cohn and Stetson says a view that the market is in a prolonged bear phase would ease expectations. He suggests May 29 laws near 554 and May 31 at 625 form barriers to any sustained rise. Value Line sees growth in business machines but warns steady growth differs from infinite gains. J W Sparks and Co pegs 580-585 as a potential low, yet shows near term upside potential.
MENTIONED IN THIS ARTICLE
New York
Bradbury K. Thurlow
Winslow, Cohn & Stetson
J. W. Sparks & Co
Stocks Fall Off Gradually
New York June 11 stocks declined slowly in morning trading with fractional losses. Steel shares mixed while motors and oils slid slightly with Socony Mobil down 1. Chemicals eased and Kodak and Du Pont dipped. Dow industrials at noon 599.30 down 2.22, rails 125.98 down 0.54, utilities 113.30 down 0.65, stocks 207.36 down 0.89.
MENTIONED IN THIS ARTICLE
New York
Socony-Mobil
Kodak
du Pont I
Dow Jones
Houston Lighting
Caroline Power & Light
IBM
Litton
Texas Instruments
Minneapolis - Honeywell
Gruman
Fairchild
Abbott Lab
ABC Vend
ACF Indust
Allied Chem
Allied Str
Alum, Ltd
Alum, Co
Allis Chal
Airl Am
Brdc
Can Co
Cyan
Amer. Gas
Amer
Mach & F
Met
Motors Am
Photo
Smelt
Am. Tei
Am. Tob. Co
Anaconda
Arch Dan.m. Armco
Armour Arvin
Ashland Oil
Atchison T
Atl
Refin
Auto Can
Avco Mfg
Bald
Lima H. Bath Iron
Beatrice Fd
Bell Aire
Bell & HL
Borg-Warn
Bruns
Balk
Budd Co
Bulova Buri
Ind Burroughs C
Bucyrus ,Camp
Lk Can
Pacific
J.I. Cater
Trac
Ill
Cer
de Pas
Teed
Cessna Ches
Ohio
iChi
Milw Chi
RI & P
Chrysler Cf
Finan
Clark Fa
Cluett-Phd
Coca-Cola
Palm
Collins Rd
Col. Fuel
Col. Gas
Credit Com
Fdison
N.Y
Crassh
Iyewies
Suis
Marshall Field Firestone
Ford Motor
Freeport
Gen. Mills
Gen. Dynamics
Gen. Electric
Gen. Foods
Gen
Gen. Motors
Pub. Util
Homestake
Howe Sound
Hussman
Ll. Cent. R
Inspiration
Interlake Ir
Bus. Mach
Johns-Manville Jones-Laugh
Kaiser Alum
Kennecott
Kern Co
Koppers
Korvette
Kresge S. S
Kroger
Lehigh Coal
Laclede Gas
Libby-Owens-Ford
Libby McNeil
Ligg
Myers Toch
Link Belt
Loew's
Minn, Honey
Minn
Min
Miss. River F
Monsanto
Mont. Ward
Phil. Morris
Motorola
Bisc
Cash
Dairy
Dist. Agv
Nor. Am. Avia. We Nor
Gas
Nor. Pac
Nor. Pac. Reg
Northrup Air
Ohio Edison Olin
Otis Elev
Qwens Crn. F
Pac. Gas & el
Parke Davis
Peabody Coal
Cc. Penney
Penn
Dixie C
Pennsalt
Pepsi-Cola
Pfizer
Elps Dodge
Phila. Elec
Phillips Petro
Pitts. Pl
Plough, Inc
Polaroid
Proc. & Gam
Sve
Pullman
Pure Oil
Quaker Oats
Radio Corp Ar
Ravenier Oe
Raytheon
Zeowh. Avia
Tenith Avia
Meen Steel Ant
Pevien
Rexall
Reynoles
Bohr Aire
Sofewan
S, & Son BF
TRE
Bo Egies
Eheniew
Saahd
Fin
Sheran
Sauajanen
Shell
Simmaneany
Toei
Cingor
Sanenev Mrhao
Calif
Southern Mn
Swat! Gas
O. Acifin
Deid
Southern Rwy
Spencer Ph
W Sf
Stanten Warn
Stauffer
Airlines
Ig F. Sae
Frui
Gas Co
U. S. Pipe & F. Ae
U. S
U. S. Steel
U. S. Tobacco
Universal Match
Univ. Oi
Upjohn Co
Carolina
Warner Bros
West
Union
Westing. Air B
Westing
Elec
Aes Oerie
Wilson Fur Woolmornee
Wsons
Yale
Viremia SR
N. Y
Arrest Made in Kansas Fraud Check Case
Billy F. Roach, 27, Starkville Miss, held on 3000 bond after being arrested as a fugitive from justice in Sedgwick County Kansas on issuing a fraudulent 40 dollar check to the First National Bank of Wichita. His case was continued until June 21.
MENTIONED IN THIS ARTICLE
Billy F. Roach
Starkville
Miss
Justice of the Peace
Lee Easton
Sedgwick County
Kansas
Roach
First National Bank of Wichita
Trucker Fined for Overweight Vehicle Violation
Trucker Claude R. LeMay appeared before Justice of the Peace Easton in West Terre Haute after an arrest on State Road 150 in Shirkieville. He was found guilty of overweight on a single axle truck and fined $18 plus costs and $5 for the motor vehicle fund totaling $42.75.
MENTIONED IN THIS ARTICLE
Justice of the Peace
Easton
Claude R. LeMay
RR 2
West Terre Haute
Shirkieville
Campbell
Scouts Register for Girl Scouts Day Camp at Camp Maumee
Registration for the Girl Scouts intermediate day camp at Camp Maumee closes Friday at noon. No registrations will be accepted after Friday.
MENTIONED IN THIS ARTICLE
Girl Scouts
Camp Maumee
Two Alleged Tipsy Drivers Heavily Fined
Raymond Ross aged 25 of 621 La Fayette avenue pleaded guilty to public intoxication driving while under the influence a traffic light violation and five stop sign offenses and was fined 108 50 and sentenced to 15 days jail with a one year license suspension. Anderson Redman Lawson 41 of 41 was fined 114 50 after pleading guilty to intoxication and DUI and had license suspended for one year.
MENTIONED IN THIS ARTICLE
Raymond Ross
Lafayette Avenue
Ross
Everett
Anderson Redman
Lawson
Ohio Boulevard
Nineteenth Street
Grant Turner
Elmon Thomas
Dayton
Ohio
Billy Joe Rose
Harlan, Ky
William Clifford Baker
South Twenty-first Street
Baker
Turner
Rose
Donald Scott Lucas
South Thirteenth Street
Lucas
John D. Ouellette
South Sixth Street
Richard D. Ames
Earl R. Thomas
AR 3
Rockville
Beulah Katherine Craft
South Ninth Street
Larry Andrew Spellman
Oak Street
Local cases report multiple intoxication charges and fines
Numerous individuals face intoxication charges with varied penalties from fines to bonds. Names include Mrs Craft, Spellman, Herman McCracken, Sarah Cooper, Everett Dickerson, Willie Merrit, Theodore Hedges, Sandra Summer, Charles Carson, Russell Darnell, Larry Niece, Dale Stewart, Shirley Nadin, Franklin Payton, Gary Streeter, and Joseph Riseman. Amounts range from small fines to $500 bond with multiple traffic violations cited. Dickerson pleads not guilty and Riseman surrenders license while awaiting the June 29 advisory.
MENTIONED IN THIS ARTICLE
Craft
Nineteenth
Poplar
Spellman
Herman McCracken
Bluebird Drive
Sarah Z. Cooper
Walnut Street
Everett Edward Dickerson
South First Street
Willie Adam Merrit
Theodore S. Hedges
Marigold Drive
Sandra G. Summer
Charles Carson
Russell G. Darnell
North Fifteenth Street
Larry Niece
Rosedale
Dale K. Stewart
Cory
Shirley Nadin
Maple Avenue
Franklin D. Payton
White Street
Clinton
Gary Lee Streeter
Joseph Riseman
South Ninth Street
New York Markets Averages and Shares June 11, 1962
New York markets report at 1 o’clock Eastern Time lists daily averages and a wide breadth of stock listings. Industrial and rail indices show declines. trading volume reached 1,460,000 shares with extensive quotes for Abbott Labs, Coca-Cola, General Motors, IBM, Exxon, and many others.
MENTIONED IN THIS ARTICLE
Francis I. du Pont & CO
Nat's Bank
E.S.T
Algerian Crisis Deepens as European Holdouts Face Pressure
Amid rising tensions in Algiers, Premier Ben Khedda plans a solemn declaration to Europe's settlers about their role in Algeria's future. The secret army backs independence despite losses as a wave of arson damages schools and offices. Gunmen robbed major sites including a casino in the capital.
MENTIONED IN THIS ARTICLE
Youssef Ben Khedda
Algeria
Mostefa
Algiers
Pemenaneee
Burglars Fail To Find Loot
Weekend breaks around the city left several scenes investigated by police. Carl Rhoades reported his service station at 1241 Hulman Street had a pry attempt on a cigarette machine. a damaged cash register and scattered papers were found. Ray Short's Service Station at Ninth and One-half and Poplar streets saw a pried cigarette machine with cigarettes on the floor. Leroy Taylor of 334 North Twelfth Street reported a trailer burglary netting about 25 dollars in canned goods and four shirts. Roesch and Burman Foundry at 935 North Tenth Street noted a forced rear door, tampered cash register, but beverages were the only missing items. Capital Paper Co. at 949 North Tenth Street had a rear door lock pried off in an attempted entry.
MENTIONED IN THIS ARTICLE
Carl Rhoades
Carl
Hulman Street
Ray Short
Poplar
Chester Whram
Robert Bensinger
Leroy Taylor
North Twelfth Street
Darwin Hayward
Roesch and Burman Foundry, Inc
North Tenth Street
James Thornton
Capital Paper Co
Market Reports Show Mixed U S Livestock Prices Across Cities
Chicago and Indianapolis market summaries report hogs firm to higher with 190-350 lb ranges and cattle steady to weak, alongside Evansville and New York egg and dairy notes. Crops and poultry move varied, with feed prices and butter steady, while sheep listings reflect mixed demand across regions.
Hog Market Report Shows Steady Prices Across Weights
Livestock sales totaled 500 hogs with No 1 and No 2 grade hogs chiefly 190 to 220 pounds at 16.00 to 16.25 dollars. 220 to 260 pounds bring 15.50 to 16.00 dollars, 260 to 300 pounds 14.50 to 15.50, sows around 300 pounds about 13.50 and down. Markets steady.
MENTIONED IN THIS ARTICLE
Indianapolis
Evansville
Ind
Il M
USDA
Chicago
Livestok
Gibault Brother Celebrates 25th Vows Anniversary
Robert Edwin Mattingly CSC of Gibault School marks twenty five years in the Congregation of Holy Cross with a High Mass at the School Chapel. Fellow clergy and family attended the Mass and banquet. Edwin, born in Indianapolis, is an ornithology enthusiast and longtime National Audubon Society member.
MENTIONED IN THIS ARTICLE
Robert Edwin Mattingly
CSC
Gibault School
Congregation of Holy Cross
Basil Mattingly
OSB
St. Meinrad’s
Indiana
James Blantz
Edward McCabe
CMF
Edwin
Paul Mattingly
Phoenix
Ariz
Henrietta Mattingly
Indianapolis
Tom
Kevin
Charlie
Marriage Magazine
Brother Edwin
National Audubon Society
Archbishop announces desegregation of 71 Atlanta Catholic schools
Archbishop Hallihan orders desegregation of 71 Atlanta archdiocesan schools effective Sept 1 1962. Local Catholic leaders pastors and officials express support noting a gradual peaceful shift mirroring earlier integration in Atlanta public schools. The move follows New Orleans archdiocese’s broader integration trend and is supported by Mayor Ivan Allen Jr and Judge Sam P McKenzie.
MENTIONED IN THIS ARTICLE
G. Albert Lawton
Georgia International Life Insurance Co
Atlanta
Connecticut
Rhode Island
New York
Sam P. McKenzie
New Orleans
Archdiocesan
Hallihan
University of Notre Dame
Charleston
S. C
Two People Hurt In Sunday Traffic Crashes
Two drivers sustained minor injuries in separate Sunday crashes. Harold Crynes, 35, injured when his car struck a tree on Sixth avenue near Eleventh street, remains in fair condition at Union Hospital. Ivan Russell Wentz, 31, injured after a three car collision at Third and Ohio, reported neck and back pain. Merlin H. Whitehead, 48, driving the first car, allegedly lost brakes. Reynolds, 19, was rear ended. The other drivers were uninjured.
MENTIONED IN THIS ARTICLE
Harold Crynes
Fifth Avenue
Eleventh Street
Sixth Avenue
Union Hospital
Crynes
Ivan Russell Wentz
Third
Ohio Streets
Merlin H. Whitehead
South Seventeenth Street
Wentz
Nancy Ann Reynolds
South Sixth Street
Caroline Kennedy at Palisades Park Misidentified
On June 11 at Palisades Amusement Park in Fort Lee New Jersey curious crowds gathered after a loudspeaker announcement claimed Caroline Kennedy would visit the administration building. The child turned out to be a Jersey City girl four years old among 53 children separated from parents at the park.
MENTIONED IN THIS ARTICLE
Fort Lee
N. J
New York
Palisades Amusement Park
Caroline Kennedy
Caroline
William Kennedy
Jersey City
Soviet Armenians Sentenced to Death in Hijack Plot
Two 25 year old Armenians from Yerevan were sentenced to death for attempting to hijack a small plane to flee the Soviet Union. A third plotter was killed when the pilot intentionally crashed. Garegin Mevesesyan is named among the dead.
MENTIONED IN THIS ARTICLE
Moscow
WPN
Soviet Union
Komsomolskaya Pravda
Edik Bakshinyan
Serge Toumanyan
Heinrich Sekoyan
Yerevan
Armenia
Garegin Mevesesyan
Bakshinyan
Order of the Red Banner
Armenian Young Communist League
Komsomol
Toumanyan
United States
Laos Cabinet Accord Seen As Step Toward Neutrality
Rival Laotian factions agree on a 12 member cabinet with four from royalists four from Pathet Lao and four from neutralists. Quinim Pholsena would head foreign affairs and Phoumi Vongvichit would run the Information Ministry. Souvanna warned of possible rupture if no deal by June 15 and the West hopes a neutral Laos can emerge amid Cold War tensions with China and the United States involved in Southeast Asia.
MENTIONED IN THIS ARTICLE
Vientiane
Pathet Lao
Souvanna
Quinim Pholsena
Laos
Phoumi Vongvichit
Geneva
France
Ho Lung
Red China
Peiping
Thailand
Southeast Asia
City Pool Board Sets Special Meeting on Operations
The Terre Haute Park Board will hold a special 9 am Tuesday session at City Hall to hear Robert J. Crombie discuss prices personnel cleanliness and other pool operations for the city three new swimming pools. Mayor Ralph Tucker may attend at Sidney Levin's request. Pools expected to open Sunday June 24.
MENTIONED IN THIS ARTICLE
Tere Haute Park Board
Robert J. Crombie
iCrombie
Sidney Levin
Ralph Tucker
Pennsy Boxcars Damaged by Fire
Fire damaged four Pennsylvania Railroad boxcars at the Kester and Eighth Avenue site Sunday night. Assistant Fire Chief Frank Klamt reported flooring burned out in one car and three others damaged. Pumper Companies 3 and 10 responded to the alarm.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad
Kester
Eighth Avenue
Frank Klamt
Burglary Attempt At VEW Post Leads To Suspect Flight
Police investigated a burglary attempt at the Lawton-Byrum Post 972 VFW early Monday after an ADT alarm sounded at 3:15 am. A man fled as officers arrived, shots were fired, and an 18 year old woman, Frieda Pinkston, was found hiding in a rear car and held for investigation. Other thefts included cash and checks from Cassel's Cabin, three tires from a Roadway Express trailer, and small items taken from vehicles on nearby streets.
MENTIONED IN THIS ARTICLE
Lawton-Byrum
Veterans of Foreign Wars
Thirteenth Street
Frieda Pinkston
Vester Medlock
Cassel
North Ninth Street
Medlock
Roadway Express Company
McLaren
Prairieton Road
Bernard Giacolletto
Clinton
Ohio Street
Charles E. Davis
AR 4
Ohio Streets
Seek to Avoid Medical Aid Bill's Defeat
Washington June 11 backers press for a compromise to avert defeat of President Kennedy's medical care for the aged program. The House Ways and Means Committee 15-10 against the bill began two weeks of closed meetings as prospects dim for this year’s enactment.
MENTIONED IN THIS ARTICLE
Washington
UPS
Kennedy
House
Ways and Means Committee
Stuart Symington
Symington
Bob Kastenmeier
D-Wis
Kastenmeier
Arketex Union Accepts Contract in Brazil
A two year contract will be signed in Brazil between Arketex Ceramics officials and the United Brick and Clay Workers of America District Council No. 15. About 750 to 800 clay workers at three Arketex plants and the Ayer McCarel Clay Company plant are covered. The agreement runs two years with a wage provisions reopen option in year three. John Stelle, company president, and Phillip B Slack, Local 527 president, did not disclose wage details.
MENTIONED IN THIS ARTICLE
Brazil
Ind
Arketex Ceramics Corporation
United Brick and Clay Workers of America
Arketex
Ayer- McCarel Clay Company
John Stelle
Phillip B. Slack
Cay Workers’ Union
Stelle
Antique Club to Visit Paris
Wabash Valley Antique and Classic Car Club members meet Sunday for a motor tour to Paris Illinois with a basket supper in the Twin Lakes park. The motorcade assembles at 1 30 p m at West Terre Haute ball park and travels north along U S Highway 150.
MENTIONED IN THIS ARTICLE
Wabash Valley
Paris
Ill
Twin Lakes
West Terre Haute Ball Park
U. S. Highway 150
Also Mentioned on This Page
Business Mirror
Sam Dawson
AP Business News
Grant
Hiles
Viquesney
United Press International
Wall St. Charter
Scouts
Wabash Ave
Bagebal
Indianapolis Livestock
Chicago Livestock
Gibault Brother
Judge
Agreen
Pennsy
Arketex Union
Antique Club