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Newspaper
Terre Haute Tribune
Location
Terre Haute, Indiana, United States of America
Date
Jun 24, 1963
Page
13
New York June 24 graduates from about 2,000 companies enter corporate training, with costs around 1000 dollars per recruit. Most praise supervisors and program value, yet 291 find instruction weak and 176 call training too academic. Reasons for accepting jobs include company reputation, salary, and advancement prospects.
Four men and one woman were found guilty of intoxication and fined by Judge Edward S. Everett in City Court. Edward Meneely, Glen Brossman, George Ross, Opal Burns each fined $20, Joseph Martin Carr $40 total, Donald W. Maas $17.75 for speeding, Evelyn Johnson $7.75 for running a stop sign, Charles Thomas Rose speeding, Walter T. Waltrip $2.75 for improper muf fler, Thomas A. Bevis $2.75 for false registration.
Alumni of Theta Chi fraternity gather at the home of Jack Williamson at 1931 South Twenty Ninth Street in Terre Haute for a 6 30 p m meeting. Glenden Campbell, president, invites all alumni in town for Indiana State summer school to attend.
Stocks irregular in moderately active trading and bonds uneven in quiet session. U S government bonds steady as American and Midwest stocks fluctuate. Cotton futures steady while grains in Chicago slide with wheat corn oats rye and soybeans down. Hog prices rise 25 to 50 points, cattle soft, sheep advance, dressed beef and pork loin gains noted.
L O Hooper of W E Hutton & Co says eight weeks of consolidation test the market and build a healthy base for summer. The Dow Jones industrials stay nearly level with eight to nine weeks ago while many issues hit new year highs and traders favor cyclical and speculative stocks. Martin Gilbert of Van Alstyne Noel & Co says a move to all time highs is likely but will require a strong push as overhead resistance remains heavy.
James Leroy Phelps of West Terre Haute faced a disorderly conduct charge after authorities say he fired a shotgun into another man’s car over the weekend. He appeared in City Court, posted 500 bond, with case set for July 8. Deputies recovered the shotgun and shells from Phelps property after the incident involving Harry Hoopengarnder’s vehicle. Deputies say the shooting followed complaints by Fred Phelps and Charles Cooper that two youths attacked them. both injured men were treated at St Anthony Hospital.
Hogs mostly 25 to 50 higher with 190-230 lb ranges from 17.75 to 18.50. Cattle about 12,500 head with prime loads around 24.00 for 1200-1300 lb slaughter steers and 22.50-23.75 for 1100-1400 lb ranges. Sheep 500 head with spring slaughter lambs 23.00 and 21.00-22.50 for 80-100 lb.
Indianapolis and Evansville stockyards report cattle hogs and sheep prices. Hog and sow prices rise across weight classes with active demand in Indianapolis. steers and heifers show mixed gains while cows and weaners hold steady. Evansville shows similar strength with higher hogs and steady to higher cattle, sheep activity moderate.
June 24 report from Chicago lists live poultry prices for White Rock fryers and roasters, processed cheese varieties, butter scores, and egg pricing. New York offers indicate adequate large eggs and good demand with whites and brown eggs priced for extras and top quality.
Bulk of No 1 and No 2 grade hogs offered with weights 200 to 220 pounds at 17.35 to 17.60 dollars, 220 to 240 at 17.00, 240 to 260 at 16.75, 260 to 280 at 16.25, 280 to 300 at 15.60, and sows 300 pounds and down at 14.50 dollars.
In a mixed session on June 24 New York stocks rose modestly as a few issues led gains while many key shares moved little. Whirlpool faced selling pressure delaying trades amid a looming writedown for Appliance Buyers Credit Corp. Rail stocks edged higher with Southern Railway and Illinois Central gaining, while US Steel and Bethlehem slipped.
Michael Vaughn and Lesley Marshall delayed their wedding in Goodmayes England after the pet greyhound they bought with their savings ran away and was killed, depriving them of a hoped for racing prize.
The Dow Jones industrial average slipped 0.60 to 720.18 at noon while United Aircraft, Douglas, Lockheed advanced. Texaco rose sharply with Jersey Standard and Royal Dutch posting gains as the American Stock Exchange showed mixed prices. Corporate bonds rose and governments were unchanged.
Claribelle Miller of 1317 Second Avenue was granted a divorce from Otto N. Miller with custody of five children and $50 weekly support in a Monday hearing before Superior Court Judge Harold Bitzegaio. Elizabeth M. Leusing was granted a divorce from John P. Leusing of 228 South Seventeenth Street with $25 weekly support. Harry L Black was granted a divorce from Brenda Diane Black of 7071 Wahash Avenue, with her former name Notter restored, in Superior Court No. 2 presided by Judge Albert R. Owens.
Monday June 24 1963 at 1 O clock EST the report lists sales totaling 2 240 000 shares across New York markets. Francis I du Pont & Co provides averages from Merchants Nat Bank blog. The brief notes market activity and relative volume for the day.
Robert Jack Crombie aquatic director of Terre Haute three municipal swimming pools reports nearly 11 000 swimmers used the pools in the first two weeks of operation since opening on June 8. He notes cooler weather limited total, with 3 700 swimmers the first two days, and breaks down by Deming Park Voorhees Park and Sheridan Park pools.
Supreme Court majority warns against broad interpretation of decisions on school prayer. Justice Clark writes a test: a law with secular purpose and no primary effect to advance or inhibit religion passes constitutional muster. The piece hints that federal aid to education could be permissible if secular in aim.
The article discusses how laws aiding education might be constitutional if primarily secular, citing the National Defense Education Act as an example. It notes divergent views among justices, with Justice Douglas arguing federal aid to parochial schools is unconstitutional, contrasting with the majority.
London reports the British Foreign Office demanded the recall of Czech Third Secretary Premysl Holan after alleged attempts to obtain secret information from a member of the public. The move ties to a broader espionage concern and follows no immediate comment from Prague.
The Senate was expected to approve a bill extending federal corporate and excise taxes for one year to avoid a $4.2 billion revenue loss at midnight Sunday. The measure would extend taxes on corporations liquor beer new cars auto parts cigarettes and airline tickets plus telephony and other levies. The package would keep the corporate tax at 52 percent and preserve revenue gains of about $2.5 billion annually.
Mike Nichols will play the French Dauphin in Shaw's Saint Joan at the 1963 Vancouver International Festival with Susan Kohner in the title role. Nichols also appears in The Importance of Being Earnest. The festival will feature two Shakespearean operas Macbeth and The Merry Wives of Windsor and a revival of Florodora.
Thieves broke into two downtown Gary shops early Sunday. Nine wigs and hair-pieces valued at 2400 dollars were stolen from the Jerome Ballog Hair Stylist Shop. Earlier burglars entered through a rear door at the Stanton Rug and Furniture Cleaners and took 1600 dollars worth of cleaning equipment.
Holovachka 55 former Lake County prosecutor begins a three year federal sentence for income tax evasion. He surrendered in South Bend and is jailed in Milan Michigan. He was convicted of omitting 32 000 in taxes for 1955 1956 1957 and fined 10000.
The Democratic site committee scouts six bids to host the 1964 nominating convention with Chicago favored among six cities. San Francisco is favored by Republicans for telecast logistics while Atlantic City Baltimore Detroit Miami Beach Miami and Philadelphia also bid. Kennedy aims to win a Midwest nominating event, with California campaign lead by Gov Edmund Brown.
Negro leaders urged active recruitment of Africans for future openings at Terre Haute plants during a two hour NAACP led session with plant managers and industry reps. The meeting followed Indiana Civil Rights Commission findings of few non whites in local industries.
New York artist William Klenosky, after three failed political bids, announces a satire titled Utopia with words and music by himself set for an off Broadway production in May. He previously sought the New York mayoral nomination in 1961 and ran for Brooklyn presidency and a House seat.
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