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Newspaper
Terre Haute Tribune
Location
Terre Haute, Indiana, United States of America
Date
Jun 12, 1962
Page
15
President Kennedy signals government business cooperation within a new economic era while urging critics to abandon old myths. Business doubts persist about changing economic laws and deficit financing fueling inflation as the Treasury posts a June 30 deficit and explores future tax cuts and surpluses.
United Press International notes moderate activity with stocks and American and Midwest markets down. Government bonds ease, while hogs and cattle show varied moves and grain futures in Chicago drift with irregular wheat corn oats rye soybeans and fats.
Salable hogs totaled 300 with prices for 190 to 220 lb hogs at 16.25 to 16.50 and 260 to 300 lb hogs at 14.75 to 15.75. Sows around 300 lb averaged 13.75 and down. Grain includes wheat 1.98, corn 1.05 to 1.07, rye 1.16, soybeans 2.34 to 2.04. Indiana eggs and fryers listed with varied sizes and prices.
Wall St observers from Investographs Oppenheimer Neu Clark Dodge Arthur Wiesenberger and Thomas McKinnon discuss a near term consolidation around the 600 Dow Jones level. They favor upgrading portfolios to quality stocks while cautious on aggressive moves amid mixed signals.
Victoria Harris of RR 2 Cory was arrested for operating without a license after a minor accident at Seventh Street and Wabash Avenue at 1 30 a.m. Tuesday. Rosemary Foley was the other driver. Officers Harry Hollars and Jack Lowder investigated. Harris ordered to appear in City Court Wednesday morning.
Elsie Joanne Helton of 4505 North Thirteenth Street was granted a divorce from Robert E. Helton in Superior Court No 2. Judge Albert R. Owens ordered custody of the three children to Elsie and directed the defendant to pay $25 weekly support.
New York June 12 The market extended losses as trading picked up with blue chips down 1 to 2 points. Du Pont American Telephone Jersey Standard Procter Gamble General Foods Sears International Nickel and General Electric led declines while some utilities and food stocks fell. Dow Jones noon levels showed Industrials 587.22 down 7.95 Rails 124.95 down 0.70 Utilities 111.94 down 0.84 Stocks 204.09 down 213.
Ottawa merchants split on traffic free Sparks Street Mall. Some say removal of traffic hurts business while others cite surveys showing improved competition against outlying centers. Fire chief opposed but lanes kept for access. The mall hosts 76 stores in the heart of Canada’s capital.
New York markets show mixed performance as numerous major issues trade with varied gains and losses. Renewed volatility affects industrials and rails while daily averages list declines across utilities and key sectors.
Chief James E. Dalton and M/Sgt. Robert Melvin announce eight area youths have enlisted in the Armed Forces. Six join the Navy including Larry Majors Anthony Savant and Jerry Hoppingarner. three West Terre Haute and Marshall residents also enlist. Army recruits are Lawrence Frye and Robert Hastings, both in their early twenties.
Indiana State Fair Board offers 183000 dollars in prize money for entries in the 1962 fair to be held next August in Indianapolis. Earl J. Bailey, secretary manager, estimates 2500 adults and 7000 Four-H club members will enter.
The Congo River supports about a thousand fish species in its waters, highlighting remarkable biodiversity. Researchers note this diversity underscores the river’s ecological importance and the need for conservation efforts.
Chicago livestock markets show hogs 9,000 head steady to 25 cents lower with mixed lots around 190-310 lbs and steady to weak closing. Cattle 3,500 head with slaughter steers and heifers steady to strong. primes and choicest weights 1,150-1,250 lbs at 25.75-27.00. Sheep 700 head with spring lambs 24.50-24.75, mostly 23.50-24.00. Indianapolis livestock 7,000 hogs and 2,250 cattle with similar price ranges. Evansville hogs 3,000, cattle 600, sheep 200. Chicago produce notes varied dairy and egg prices. Cash grain shows no wheat or soy sales. corn 1.14 for No 2 yellow. oats 0.69. barley mixed.
Hollywood reports Twentieth Century Fox shut down production on Something's Got To Give after Marilyn Monroe was fired for absences and co star Dean Martin refused to act without her. Lee Remick replaces Monroe while Martin laments the breakup and hopes for a possible return. Analysts speculate on studio impact amid Cleopatra troubles.
Noblesville Indiana June 12 Blanchard H Cammack 66 died Monday after falling from a tractor and being run over on a farm near Noblesville An investigation was ordered to determine whether an attack might have caused the fall The accident occurred Monday on a local farm and authorities are pursuing inquiries into the incident.
Young Half-Sizer Lovely in airy cottons or soft silks a dress for warm days. Printed Pattern 9271 for sizes 12 14 16 18 20 22 with yardage notes and mail order details. Send name address zone size style number to Terre Haute Tribune Pattern Dept New York.
Theodore James McDaniels 27 of Terre Haute was arrested Tuesday morning and held on 2000 bond for second degree burglary. The May 18 break‑in at the Sycamore Club 3801 Poplar street allegedly took cigarettes fresh meats and $4 in change from a vending machine. The case was continued to June 22.
The American Jewish Congress begins three days of discussions in Jerusalem on the American Israeli Jewish relationship. One thousand delegates, split evenly between Americans and Israelis, attend a first of its kind people-to-people conference. Also notes Indian land holdings in the United States total about 53 million acres.
The record lists civil actions including replevin and divorces pending in Superior Court No. 2 with parties Gartland Foundry Company International Moulders and Allied Workers Local 127 Teddy O Nea l v Donna O Neal Dorothy Steadman v Charles Steadman Sam Beecher Sr Lula May Wilson v Ralph Keeney Marie Crosson son and husband to Mildred Crosson train. Birth announcements show numerous families welcoming infants from June 7 to June 11 at Union or St. Anthony Hospitals with names such as ABERNATHY ANDERSON BENNETT BERNARD CASH COTTOM CROWE DICKEY FRYE HOPE KEENAN LIVELY LIVINGSTON MARLATT MORRIS REIK SMITH Stevenson WRIGHT.
In Vigo Circuit Court Probate Division May Term 1962 John A Kesler qualified as executor of the last will of William Williams deceased No 24326 Claims against estate must be filed within six months from first publication. Dated Terre Haute June 11 1962 Leonard F Conrad Clerk Venango?
A quirky column blends a farm program poem about Uncle Sam with reader submissions and requests. It invites poems and quotas to Tribune-Star and mentions product ads and local pickups for Father’s Day photographs. It also includes brief personal notes and contact hints.
Meeting Humboldt to date 42 F. and A. M. holds June 13 at 7 p.m. Work in EA degree. Harry E. Per dieu W M Julius W Ahrens Secy. Called meeting Euclid Lodge 573 F and A M June 12 at 7 p.m. Work in EA degree. Visiting brethren welcome. Manford Ripple W M James C Albin Secy. Euclid Lodge 573 conducts graveside service for William E. Allen at Roselawn Memorial Park. Master Masons urged to attend.
Helen Piper Beauty Shop and Miller's Beauty Shop advertise air conditioned locations at 2424 Locust and 2614 Washington. Cold waves priced from 5 to 7.50 dollars and a “So Natural” by Realistic tic priced at 10 dollars. Garfield Beauty Salon references C-4920.
Public works board in Terre Haute Indiana announces sealed bids due 10:00 AM June 25 1962 for seven eight cylinder two door sedans for police use. Bid forms affidavits and a $100 certified check required. Board may reject any bid and re advertise. Also notice of public hearing June 18 1962 by Vigo County Alcohol Board to review applications for permits at 1345 Margaret Ave 2216 N 10th St 1929 Lafayette Ave 1100 Wabash Ave.
A final notice informs the public and local stockholders that approximately 3,000 shares are offered at 6.25 dollars per share while the offer lasts.
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