Debating the Federal Budget and Its True Cost
Economists weigh three budgets the official administrative budget the cash budget and the national income accounts. The discussion questions whether balancing the budget is a virtue or a tool of growth and jobs and whether programs like Social Security should be included in the budget framework. President Kennedy calls some ideas myths as the debate sharpens.
MENTIONED IN THIS ARTICLE
Washington
Europe
Kennedy
Congress
Budget Bureau
Uncle Sam
Stock Market Eases After Mixed Blue Chip Trading
New York June 19 Stocks edged lower in slow trade led by Procter & Gamble and Sears Roebuck. Ford and General Motors dipped while Du Pont stockholders planned a 140 million secondary offering. IBM slipped while Motorola rose as golds advanced on price-raise speculation. Dow averages showed declines across industrials rails and utilities.
MENTIONED IN THIS ARTICLE
New York
Procter & Gamble
Sears Roebuck
Ford
General Motors
du Pont
IBM
Motorola
American Electric
People’s Gas and Consolidated Natural
Local Markets Livestock and Grain Prices May Vary
Salable hogs totaled 450 with No 1 and 2 hogs 190 to 220 pounds priced at 18.00 to 18.25 dollars and 220 to 260 pounds at 17.50. Sow prices around 300 pounds about 15.50 dollars. Market steady. Grain and feed show Wheat 1.98, Rye 1.19, Barley 0.75, Corn 1.06 shelled 1.08, Soybeans 2.39 yellow and 2.09 mixed. Indiana fryers scarce roasters 15-20c eggs large 26-27c medium 17-18c small 12-13c B large 19-20c.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana
Indianapolis and Chicago Livestock Market Report June 19
Market details show hogs at Indianapolis with mixed loads from 16.50 to 19.00 per cwt across weights, sows 13.25 to 15.75, and cattle with steers 23.00 to 26.00, cows 14.50 to 16.50, and bulls 18.00 to 20.00. Chicago reports hogs 16.50 to 19.25, cattle with steers 24.75 to 27.75, heifers 21.75 to 25.50, and lambs 22.00 to 25.00, all steady to higher in spots.
Evansville Livestock Markets Report June 19
Hogs 2,400 head active with barrows and gilts mostly steady. sows steady. 1-2 180-230 lb hogs 18.35-19.00, 23 head 19.10, 1-2-3 180-240 lb 18.00-18.50, 240-270 lb 17.50-18.25, 1-3 sows 250-400 lb 15.00-15.75, 400-600 lb 14.00-15.00. Cattle active. steers 23.50-25.00, good heifers 22.50-23.50, utility cows 16.00-17.00, canners 14.00-16.00, vealers 25.00-29.00. Sheep 125 head no early sale. CICAGO Produce Chicago June 19. Live poultry roasters 212-23, White Rock fryers 18-18.2, Plymouth Rock fryers 19. Cheese Daisy range 38.2-40, long horns 38.2-40-42, processed loaf 36-35, Swiss A 47-52, B 45-50. Butter 90-93 score 53-57. Eggs steady large extras 28, mixed 27-27.2, mediums 23-23, standards 25.
MENTIONED IN THIS ARTICLE
Indianapolis
Upi
Chicago
Evansville
Ind
Abbott Lab
ABC
ACF Indust
Acme
Air
Alleg
Lud S. Allied Chem Allied Str
Alum. Ltd
Alum. Co
Allis Chal
Aijirl
Brdc
Can Co
Cyan
Amer
Gas Amer
Mach. & F
Met
Clm
Motors Am
Photo
F. Am. Smelt
Tel. & Tel
Teb. Co
Viscose
Anaconda Arch Dan.m. Armco
Armour Ashland Oil
Atchison T
Cst
Atl
Auto Can Aveo Mfg
Bald
Lima H. Beatrice Fd
Bell Aire
Bell & H. L
Bendix Avia
Beth, Stl
Boeing Air
Borden Berg
Warn
Bruns, Balk
Budd Co
Bulova
Burl. Ind
Burroughs C
Bucyrus
Camp. Rd. Lk
Can, Pacific
J. I
Ill. P. S
Cessna Ches
Ohio Chi
Chrysler Oe
Finan
CH. Barr
Clark Ea. Cluett
Coca-Cola
Colg
Palm
Collins Rd
Fuel
Edison Cons
N. Y
Crow-Collr Crue
Curtios
Cutler-Ham
Deere Teens
Edison
Detroit Sdl
Douglas Aire
Dow Chem
DuPont
East. Air
Wast. Kod
el Paso Gas
Ee Fairchild Meeerie
FMF . Sa
Marshall Field
Firestone Food Mach
Ford Motor Freeport Sul
Fruehauf Hve
Trans
Gen. Mills
Ohio Oil
Louis. & Nash
MacDonnell
Mackark
Magnavox
Martin Co
Marine Md
Masonite Wells
May Dept. St
Maytag Vee
McGraw Ed
McIntyre P. Mns
Merck
Mer. Ch. & Scott
Minn
Honey
Natl
Cash
Dairy
Miss. River
Monsanto
Mont. Ward
Phil. Morris
Motorola
Mueller Br
Central
Niag
Moh P
Norfolk & W
Nor- Am
Avia
Pac
Any. Gx
Northrup Air
Ohio Edison
Pac. Gas & el
Parke Davis
Peabody Coal
J. C. Penney
Penn. Dixie C
Pennsalt
Penn. RR i
Pepsi-Cola
Chi. Pfizer
Phelps Dodge
Phila
Elec
Philips Petro
Pitts. Pi. Gl
Pittston
Polaroid
Proc. & Gam
Pub
Sve
Pullman
Radio Corp
Rayonier
Raytheon
Repub. Avia
Repub. Steel
Revlon
Rexall
Reynolds
Reynolds Teb
Richfield Vee
Rohr Aire
Royal Dutch
Safeway St
Scott Pap
Sears Roc. Enn
Shell Oil
Shell Trans
Sinclair Oil
Zim
Singer
Ray
Secony Mob
Sal. Calif
Southern Co
Natl. Gas
Tex Gulf Snr
Tex. Instrument
Tex. Pace. C
Textron
Shiokol Chem
Thomp. Ramo
Tidewater
Timken
Tungsol
Twen. Cen. Fox
Union Bay
Union
Union Pacific
Airlines
Unte
Fag. & F
Gas Co
Univ. Oi
Upjohn Co
Vanadium Igree
Cs Carolina
Vendo VG Calek
Walgreen
Warner Bros
West. Union
Westing. Air B
Westing
Wheeling Str
Yale & Tn
Youngs Sheet
Zenith Radio
Egg Market Report from New York on June 19
New York notes ample egg offerings with steady demand and balanced pressure. Whites average 30 to 32 cents per dozen while extras reach 33 to 36. Browns range 33 to 35 cents for top quality eggs.
MENTIONED IN THIS ARTICLE
New York
Young Driver Fined on Three Charges in City Court
William P. Norris, 20, of 442 North Seventh street, paid $146.75 after pleading guilty to intoxication, driving under the influence, and resisting arrest. His license was suspended for one year. Norris and two companions, Larry Rickard and Richard Black, faced multiple charges and fines. Separate trials set for others include Robert Williams on two charges and Amon King on intoxication.
MENTIONED IN THIS ARTICLE
William P. Norris
North Seventh Street
Edward Everett
Norris
Everett
Third Street
Larry Lee Rickard
Chase Street
Richard Wayne Black
North Sixth Street
Robert E. Williams
Woodlawn Avenue
Amon King
Young Driver
James E. Howard
Carl Pfrank
Maple Avenue
Cecil Coleman
Hopkinsville
Coleman
Bobby Thompson
Elm Street
Paul Spice
Charles W. Vicars
North Ninth Street
West Terre Haute
Juanita F. Crombie
South Fourth Street
West
Terre Haute
Raymond F. Chilton
North Fourteenth and One Half Street
Robert W. Bell
YMCA
Willard O. Trhlik
Larry O. Wilson
Southport Road
Lawrence E. Roach
Poplar Street
Robert J. Bundy
Second Avenue
William L. Dorsey
North Eleventh Street
Donald L. Harris
Harding Avenue
John R. Chancey Jr
William J. Joy
Kenneth W. Wey
Cory
Eugene Brown
Chestnut Street
Helen L. Shattuck
Market Summary Quiet, Mixed Trading Across Sectors
UPI reports stocks lower in quiet trading while bonds show irregular moves. Government bonds drop sharply in moderate activity as American and Midwest equities slip. Commodities hold steady with cotton futures flat. grains and livestock futures mixed, hogs steady to strong, cattle softening, sheep steady, and dressed beef and pork futures near highs.
MENTIONED IN THIS ARTICLE
United Press International
U. S
Midwest
Chicago
Wall Street outlook turns cautious as 1962 profits eyed
Spear and Staff Inc warns the near term is grim amid bear market sentiment but sees a potential turnaround. It urges selling tax losses now to offset future profits later in 1962. The International Statistical Bureau reports higher utility revenues and earnings, with 1962 dividends likely surpassing 1961.
MENTIONED IN THIS ARTICLE
New York
Wpi
Spear and Staff, Inc
International Statistical Bureau, Inc
Engineers Strike Threat Shuts In On TWA Talks
A walkout threat by TWA flight engineers looms as mediation stalls. The dispute centers on who should occupy the third cockpit seat. Kennedy may delay action under the Railway Labor Act while a presidential board studies terms.
MENTIONED IN THIS ARTICLE
Goldberg
Kennedy
TWA
American
Transport Workers Union
Afl-Cio
New York
Pan American World Airways
Eastern Air Lines
Old Baldy in Trouble on the River Bridge
Deputies rushed to the river bridge early Tuesday after a report of someone trying to toss Old Baldy into the water. An 80 year old man and a beardless youth were linked to an altercation with another youth drinking and jailed for investigation. A witness noted Baldy may need vast water to dilute his years of drinking, having frequent jail stays.
MENTIONED IN THIS ARTICLE
Sheriff’s
Baldy
Moore chosen as grand knight in Knights of Columbus
Charles E. Moore was elected grand knight of Knights of Columbus Council No. 541 on Monday evening. New officers include John Hemminghouse deputy grand knight Louise Fiorello chancellor William Walter recorder Louis Boehm treasurer Joseph R Jackson advocate Clifford J Anderson warden William Hemminghouse John Mahalek inside guards and Pete Dillon outside guard. Richard Osburn retiring grand knight elected three year trustee Frank Hanisch three year home association stockholding trustee and Thomas Coakley Joseph Waskerveit holding over terms. Jack Dinkel continues as financial secretary.
MENTIONED IN THIS ARTICLE
Charles E. Moore
Knights of Columbus Council
John Hemminghouse
Louise Fiorello
William Walter
Louis Boehm
Joseph R. Jackson
Clifford J. Anderson
William Hemminghouse
John Mahalek
Pete Dillon
Richard Osburn
Frank Hanisch
Home Association
Thomas Coakley
Joseph Waskerveit
Jack Dinkel
Kansas Seeks Release Of Prisoner Gower On Parole Violation
Deputy Sheriff Al Inglert brought Thomas Paul Gower from the United States Penitentiary near Terre Haute before Justice of the Peace Lee East. Gower, released on a fugitive warrant from Bourbon County Kansas for parole violation tied to grand larceny of an automobile, was held on $3,000 bond and the case set for June 29.
MENTIONED IN THIS ARTICLE
al Inglert
Thomas Paul Gower
United States Penitentiary
Terré Haute
Justice of the Peace
Lee East
Gower
Bourbon County
Kansas
Easton
New York Markets by Francis IL 1962 Ticker Averages
New York market averages report at 1 P M Eastern on Tuesday June 19 1962. Industrial averages sit at 569.52 down 4.69, rail averages at 121.60 down 0.14, utilities at 109.12 down 0.57. inclusions list many company tickers and price changes reflecting a broad market snapshot.
MENTIONED IN THIS ARTICLE
Francis IL
Dn Pont & CO
Nat's Bank
E.S
N. Y
County Claims and Public Bids Noted in Vigo County
Claims filed in the Vigo County Auditor’s office will be presented to the Board of County Commissioners for allowance on June 22, 1962. Separate notices list county building improvement fund payments and numerous individual assessor claims. Also published are bid notices for police sedans and a public hearing by the Local Alcoholic Beverage Board of Vigo County on July 2, 1962, detailing many applicants and premises.
MENTIONED IN THIS ARTICLE
A. Leroy Lewzader
Board of County Commissioners
Harrison Township
Doris Carroll
Anna E. Coleman
Leona M. Faris
Nelda Hawkins
Norma Hawkins
Charles R. Hughes
Donald W. Hughes
Jerry W. Hughes
Rosa J. Hyslopse
James R. Jenkins
Helen J. Kirchner
Elizabeth H. Lauer
Louise Olsen
Vivian Peters
Florence Pinkston
Norma L. Reilly Feedes
Del
Board of Public Works and Safety
City of
Terre Haute
Indiana
City Hall
Board O Public Works and Safety
State Board of Accounts
Raymond F. Thomas
Raymond P. Harris
Frank P. Crawford
Alcoholic Beverage Board
Vigo County
Court House
Isaid County
Miller Drugs Inc
Fred F. Miller
Thurman H. Miller
S. Fruitridge
Locust St
Lloyd W Roberts
Elder E. Summers
E. Wabash Ave
James R and
Olive A. Storey
Lafayette Ave
Catherine Pesavento
N. 4Th St
Herbert and
Ida M. Redwitz
S. 3Rd St. Terre
Willard
Roach
S. 3rd_ St
Paul Frost
S. 4Th St
National Ave
West Terre Haute
Charles Robert Harrah Sr
Mary T. Cuniningham
Third St
Gonren, Inc
John R. Holdren
Lakeview Dr
Richard F. Davisson
Redwood Dr
Anderson
11Th
Locust Sts
New
Indiana Alcoholic Beverage Commission
W. F. Condon
Joe A. Harris
Quiet Title Suit In Vigo County Real Estate Case
In Vigo County Superior Court Two in Terre Haute, Ray Brazzell and Frances Brazzell file a quiet title action against A Leroy Lewzader and others claiming a 15.1 acre parcel in the southwest quarter of Section 4, Township 13 North Range 9 West. Defendants’ residences are unknown and presumed non-residents. Notice sets September 4, 1962 as appearance date and includes extensive land description. Also notices probate matters for William Williams estate and executor John A Kesler.
MENTIONED IN THIS ARTICLE
State of
Indiana
Vigo
Vigo County
Ray Brazzell
Frances Brazzell
A. Leroy Lewzader
Sarneve
Esratys
Harry P. Reed
Harvey B Reed
Grace O. Reed
Seth
Gena Titn Vigo County
Miami No. 8
Miami No
Hunt
Chicago & Eastern Illinois Railroad Company
Miami Mine No
Miami No. 9
Superior Court
Terre Haute
Leonard F.conrad
Ralph E. Brill
County of
William Williams
John A. Kesler
Leonard F. Conrad
Grand jury fails to reach verdict in official's death case
The Robertson County grand jury considers evidence in the death of Marshall on a Franklin area farm. Autopsy shows five gunshot wounds, head trauma, and carbon monoxide poisoning. Estes, Marshall family members, law enforcers, and federal investigators testified as agents questioned locals. The jury deliberated two hours before issuing its report.
MENTIONED IN THIS ARTICLE
Franklin
Harris County
Joseph Jachimczyk
Marshall
Estes
U. S. Department of Agriculture
Texas Rangers
FBI
Department of Justice
U. S
Robertson County
Notice to Place Tribune Star Want Ads
Daily ads accepted until 5 P M Monday through Saturday for publication in the evening Tribune with Lost and Found Employment and Notices accepted until 10 A M for publication.
MENTIONED IN THIS ARTICLE
Evening Tribune
Statement of limited liability for Thomas D Jacobs
The text asserts that 1 WILL is not responsible for any debts other than those contracted by it and identifies Thomas David Jacobs with an address at 3201 N 14th Street Terre Haute Indiana.
MENTIONED IN THIS ARTICLE
Thomas David Jacobs
Terre Haute
Indiana
Cancel Want Ads By Phone C 1331 Promptly
Instructions state ads may be cancelled by 10 A M for same day or 5 P M for next day. Tribune-Star Want Advisors issue a cancellation number as receipt. If no cancellation number is given, no allowances for late ads. Any ad cancelled before appearance in print is charged 50 percent of the regular daily rate.
MENTIONED IN THIS ARTICLE
Tribune-Star
Notice of Advertisement Error Policy
The Tribune Star states advertisers must verify each insertion for accuracy. The paper bears no liability beyond one incorrect insertion and only for the portion that loses value due to the error.
MENTIONED IN THIS ARTICLE
Tribune-Star
Lodge Notices and Personal Ads Feature Poems and a Family Reward
A Tribune Star column invites reader poems and quotes with signatures and notes a $100 reward for information on two adopted children, Jeannie Mae and James William, whose guardian is James E. Harrell in Terre Haute Indiana. The page also includes a quoted poem about taking action and leadership.
MENTIONED IN THIS ARTICLE
Jeannie Mae
James William
Vigo County
James E. Harrell
P. O. Box
Terre Haute
Ind
Tone Triumph 6 Transistor Sale at Merchants Bank
An old style notice advertises a Tone Triumph 6 device featuring six tiny transistors sold near 215 Merchants Bank Ridge C-8172 and Mission Bell Studio C-7977. It lists Harvy Greenwood as prescription druggist and notary at 3144 Lafayette with hours open and closed Sunday.
MENTIONED IN THIS ARTICLE
Tone Triumph
Merchants Bank Ridge
Caihulic
Mission Bell
Hulman
Harvey Greenwood
Lafayette
So Natural Realistic $10 at Garfield Beauty Salon
A local beauty salon advertises a product or treatment titled So Natural priced at $10. Garfield Beauty Salon, C-4920, promotes the item to customers seeking natural hair or skin care options.
MENTIONED IN THIS ARTICLE
Garfield Beauty Salon
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Business Mirror
U.S
Sam Dawson
AP Business News
Tao
Gov't Agen
B. C.morton
Meadows Center
Crawford
N. Meridian St
Maine
Chicago Livestock
Evansville Livestock
Cicago
Salebankers Investment Corp
First Holding Corp
First National Re-Insurance
SEC. Corp
R. D. Bowsher Register
Indiana Securities Dealer
Ohio
Twelfth ST
Billy L. Adams
Shelburn
Wall St. Charter
Tion
Secretary of Labor
Arthur J. Goldberg
Old Baldy
Moore
Gen. Dynamics
Gen. Electric
Gen. Foods
Gen. Instant
Gen. Motors. E
Pub. Util
Gen. Tel
Gen. Tire & R
Getty Oil
Gillette
Glidden
Goodrich
Goodyear
Ted
Granite City Steel
Atl. & Pac
Gr. West Sug
Greyhound
Gulf Oiley Hanna
Harris-Inter
Harsco
Homestake
Howe Sounds
Hussman Res
T. Cent
Inland St
Inspiration
Interlake
Bus
Libby McNeil
Loew's
Lockheed
Waintlard
Wrens
Pauly Jail Building Co
Board of Public Works & Safety
Office of the Board City Hall
Jules Verne
Lodge
Nford R. Ripple
W. M. Ames
ALBIN
Sec
Euclid Lodge
Prairieton Lodge No
William R. Johnston
W. Mearl Drake
Sec’y
Herbert Bitts
Charles W. Allen
Rec
J. R. Klueh
c/o . Cooke
Indiana Mutual Credit Association of
Spruce
Ernestine
Bill Bartlett
Whitford
Illinois
Fuller Brusb CO
Krausbee
S. 13Th
Busy Bee Fairbanks Bidgeth-Wab
Huffer Beauty Shop
Smith’s Dept Store
Miller's Beauty Shop
Washington C
Gladys Sutton Klip 'N Kuri
Beec
Alma’s
Hee
Wabash Ave