Depositor Held Over 43000 Bank Windfall Error
A depositor, Cotton Thaggard, faced grand jury action after withdrawing 43000 believed credited in error to his savings at Union Bank and Trust Co. He hand delivered law books at court while claiming to be unaware of the sum. Bank says funds belonged to Alabama Power Co. and he promised repayment.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
UPI Br. L
Cotton
Thaggard
Thageard
Union Bank and Trust Co
Cotton Thaggard
William Culver
Alabama Power Co
Maes Ledger
Thagegard
Alabama Motor Co
Mutual fund advisory fee cuts and share value impact
A reader asks if reduced investment advisory fees from mutual fund lawsuits lower share value or dividends. The columnist explains fees fall or slide with net assets, increasing fund assets and potential dividends but likely insignificantly for individual holders. He notes lawyers’ fees benefited more and clarifies how bid and asked prices work on redemptions.
MENTIONED IN THIS ARTICLE
William A. Doyle
Doyle
Goldwater Reaffirms Racial Desegregation Stance
In a letter to Richmond News Leader editor James Kippatrick Goldwater restates that desegregation should be state driven without federal action. He notes efforts to desegregate Phoenix schools and reports paying $400 as a member of the Maricopa County NAACP chapter.
MENTIONED IN THIS ARTICLE
Richmond
Barry Goldwater
Arizs
Arizona
James J. Kippatrick
Richmond News Leader
Phoenix
Desegregation Views Split on Federal Role in Schools
Goldwater defends state-led desegregation and private citizen support. He notes Phoenix schools desegregated without incident, citing Arizona citizens’ conduct. The letter responds to NAACP affiliation questions and mentions a Richmond suburbanite's criticisms of a Rockefeller-Goldwater ticket in next year’s election.
MENTIONED IN THIS ARTICLE
Phoenix
Arizona
Goldwater
NAACP
F.J. Manhart
Richmond
Nelson Rockefeller
New York
Odds Against Nielsen Audimeters Measuring TV Habits
A congressional panel weighs if audimeters or logs credibly reflect viewing of 50 million homes with Nielsen guiding ratings. The piece notes tampering risks, tiny device failure rates, and the tension between numbers and business judgment in TV and radio advertising decisions.
MENTIONED IN THIS ARTICLE
Damon’ Runyon
Congressional
A. C. Nielson Co
National Broadcasting Co
Merv Griffin
Griffin
Campbell Soup
Scott Paper
Armstrong Cork
Damon Runyon
Abner Finklethwaite
Cobblestone
Empoire
Nielsen
Nielson
Congressional Committee
Railroad earnings and 1962 miner profits reported
Denver Rio Grande Western Railroad posted a net income of 604 257 for February. Revenues fell 94 139 to 5 622 529 while operating costs dropped 395 420 to 3 847 679. Bunker Hill Co reported 1962 net earnings 1 604 531 or 98 cents per share, up from 939 610. metals by products sales slipped to 44 5 million as lead and zinc prices hit new lows.
MENTIONED IN THIS ARTICLE
Denver
Colo
Denver & Rio Grande Western Railroad
Spokane
Wash
Bunker Hill Co
Memphis Commodity Prices For Meal Futures
Memphis markets report bulk meal futures with May, July, September, October and December contracts. Prices range from 50 to 65 dollars, with varying bid offers and spreads across contract months.
MENTIONED IN THIS ARTICLE
Memphis
Callonseed
Theft Suspect Faces 2nd Trial at Superior Court
Mary Cora Garcia, 38, was ordered to face Superior Court again for alleged fraud and theft tied to a February 18 restaurant burglary. She faces two counts of drawing checks on insufficient funds, two similar counts, and a grand theft charge related to the Burger Chef drive-in theft at 5380 E 22nd St Mon day.
MENTIONED IN THIS ARTICLE
Burger Chef
22Nd St
Mary Cora Garcia
Driver Fined Jailed in Second DUI Offense
Ignacio Campos aged 31 of Rt 3 Box 661 pleaded guilty in Justice Court 4 to a second offense drunk driving charge. He was fined 150 dollars and ordered to serve 15 days in jail.
MENTIONED IN THIS ARTICLE
Ignacio Campos
Rt. 3
Justice Court
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