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Newspaper
Terre Haute Tribune
Location
Terre Haute, Indiana, United States of America
Date
Jun 17, 1963
Page
13
A June note from New York highlights growing industry and trade signals bolstering optimistic expectations for the economy. Yet worries linger over steel and rail labor unrest, potential auto sector slumps, rising racial tensions, tax policy, and credit conditions that could blunt strength.
In Lockport New York Police Court Officer Gerald D. Watson noted a defendant wearing a sweatshirt labeled Goof off Champ. The defendant was sentenced to 30 days in jail after the mock championship remark surfaced during the case.
United Press International reports irregularly lower stocks in quiet trading, mixed American shares, and uneven Midwest markets. Commodities show cotton steady while grains in Chicago mix. hogs, cattle, and sheep glide and reverse, with beef and pork prices steady at firm levels.
Thomas & McKinnon foresees gains as a corrective phase shapes the market for a traditional summer rally next month with selective opportunities. Goodbody & Co. expects a sound basis for confidence despite a possible brief correction. Stanley Heller & Co. anticipates a general uptrend as economy improves and corporate earnings rise, suggesting strategic buying during brief technical dips.
Herman Radtke Jr. 689 Barbour Avenue faces assault and battery charges in City Court. Arrested weekend on Davonna Weger's complaint, 1500 North Seventh Street, she alleged she was struck. Defendant denied the charge. case continued for two weeks.
Chicago markets show hogs at mixed weights with 6 000 head yardage and prices ranging from 12.25 to 18.25 for various weights. Cattle offering six loads of prime steers and varied grades from 19.50 to 24.00. sheep and lambs noted with prices around 21.00 to 22.50. Produce includes White Rock fryers 18 to 20 cents, cheese and butter at steady to firm levels, eggs broadly steady with mixed large extras.
Indianapolis June 17 USDA notes hogs at 6 100 head very slow trade with 230 lb down and sows unevenly steady. 230 lb plus steady to 25 lower and 190-230 lb hogs around 18.59. Cattle and calves show steers active with gains to 25 higher on 1150 lb. heifers and cows steady to higher. vealers 24 28.50. Sheep moderate with lambs 50 lower and ewes steady at 3.50 5.50.
Market activity mixed with hogs 25-40 lower and cows steady to 14.75 while steers and heifers rise 25-50. Calves and vealers show gains with good and choice figures from 21.50 to 28.00. sheep report sparse with no early sales.
New York stock trading opened mixed with rails up slightly after President Kennedy signaled a pending ban on rail tie-ups over the featherbed issue. Industrials slipped, chemicals weakened while utilities and several rail names advanced. AP 60-stock average stood at 273.00, up 0.2.
The report notes moderate losses for tries, American Telephone and Goodrich among NY stock movers. The Dow Jones average stood at 720.27, down 1.76 at noon. Exchange prices were mixed in quiet trading with corporate bonds flat and U S government bonds easier.
The New York market averages as of 1 PM on Monday June 14, 1963 show widespread activity with 2,080,000 shares traded.Major industrials and consumer goods stocks appear mixed with notable listings for General Motors American Can Allied, Goodyear, Marine, and Coca Cola, reflecting a broad market snapshot from the Merchants National Bank blog.
The article profiles Valentina a mill worker from Yaroslavl who joined night classes and the Young Communist League rising to regional leadership then becoming a Soviet Communist Party member. Reported unofficially as a cosmonaut trainee with high marks at the Cosmonaut school.
Goodwill Industries seeks men and children's shoes and dishes in a special appeal. Rev Theodore Grob, head of the United Fund agency for the handicapped, notes the May Good Turn Drive was successful but a shortage of shoes for repair persists. The department worker now logs four days weekly, potentially dropping to two without supplies. Call Goodwill at C-6049 to arrange pickup.
A Romanian charter airliner crashed in southeast Hungary killing 29 passengers and six crew. The Budapest spokesperson said the plane, a West German charter, was en route from Munich to Gostanza Romania with tourists bound for the Black Sea.
A reader letters urges neighbors to display the American Flag daily and especially on holidays to honor those who fought for freedom. He cites Armed Forces Day Memorial Day Flag Day and calls for pride in sacrifice from WWII Korea Vietnam and beyond.
The White House puppy sweepstakes saw stronger Welsh terrier influence than Russian, as Pushinka the Soviet premier Khrushchev gifted dog mated with Caroline Kennedy’s brown Welsh terrier Charlie. Four brown puppies were born and brought back from the vet.
Gerstmeyer High School hosts the tenth annual Indiana pipe trade contest over three days with eight winners to advance to the United Association international contest at Purdue University in August. Plumbers: James L. Wilbur, Jack Davis, Lewis A. Brewster, John P. Culbertson. Pipefitters: Lowell E. Koontz, Donald Dagwall, Charles Kleptz, Farrel Youngblood.
Two youngsters, Jerry Plunkett 12 and Robin Morris 4, were treated and released after a bicycle accident in an alley behind the 2100 block of North Twenty-seventh Street. The driver, James Johnson of 1924 North Twenty-seventh Street, was not held.
Taxpayers complained of Dade county's new Justice Building with features like lily ponds. A motorist cooled his overheated engine by filling a radiator from a pond and drove off, illustrating practical use of the water feature.
Reports show Vigo county teachers earn 6571 yearly on average across 21 units with local district at 6461 while principals average 9202 against 9905 statewide. Over 425 teachers capped at top of the pay scale will see no rise next year as the board prepares budget and school assignments.
Julius Ligon testified before Judge Harold J. Bitze gaio and a Superior Court jury in a condemnation case over the Southwest Area urban renewal project. The City of Terre Haute seeks the Ligons property, claiming they refused the department offer. The jury will determine fair market value with attorney representation listed for both sides.
The Terre Haute USAF recruiting station announced two local enlistees. Jerry R. Thornberry of Sullivan and Larry N. Cramer of 1930 South Twentieth Street left for Lackland Air Force Base Texas for basic training both aged 18. Thornberry is Indiana State College alumni and son of Mr. and Mrs. Paul T. Thornberry. Cramer is the son of Mrs. Rigmer Cramer and a June Wiley graduate.
Social Lodge No 86 F and A M calls a meeting Monday June 17 at 7 PM with M M degree and 50 year presentations at 7 30 PM Visiting brethren welcomed St John s Day observed Saturday June 22 with dinner at 630 PM Paul Bredeweg W M Robert Lucas Secy
In Vigo Superior Courts, Judge Harold J. Bitzegaio grants Vernora Jordan a divorce from William Jordan of 1562 South Thirteenth Street with custody of four children and $40 support twice monthly. In Superior Court No. 2 Judge Albert R. Owens grants Harry R. Becker a divorce from Anna Becker of 21 South Her name Gentry is restored. The former name Stover is restored to Shirley Brazzell of 1000 Woodlawn Avenue after she wins a divorce from Edward Brazzell.
Detectives investigated a burglary at the Rea Park golf pro shop where Mike Kaperak said thieves forced several doors and stole a small amount of money and cigarettes from the municipal course facility.
Vigo County School Corporation invites sealed bids by July 1 1963 4 00 PM for bleachers in the West Vigo High School physical education and recreation area bids on State Board forms 96A 10 percent bid bonds 100 percent performance bonds and applicable insurance and workers comp required. Board reserves right to accept or reject all bids Arch Dunbar president. William G. Kessel secretary. Also notice sale of a 1958 Cadillac DeVille June 20 1963 at Pennsy Service 1225 N 25th sold for repairs may bid reserved.
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