1962 Top Business Stories Summary
One man’s list highlights 1962’s key business themes. The stock market’s May slide and rebound, the Cuba crisis impact, mutual fund debates, and official probes kept headlines. Other items include steel price disputes, tax questions, recession fears, the Common Market, Treasury deficits, unemployment, and profit pressure.
MENTIONED IN THIS ARTICLE
Russia
Cuba
Truck Drivers Mock East Germans at the Berlin Checkpoints
West German truckers humorously taunt East German guards during routine checks to Berlin. They jeer at Communist officials while noting the tedious papers and restrictions, and a young East German faces pressure from peers and drivers. The exchange ends with laughter and the truckers resuming their journey.
MENTIONED IN THIS ARTICLE
Berlin
Sonny
Germany
West Berlin
Khrushchev
Guantanamo Base Begins Return of Evacuated Families
The first of 2,800 dependents evacuated during the Cuban crisis arrive at Guantanamo Bay. A transport carries 12 families as the base prepares for about 1,400 more to return before Christmas. Rear Adm. Edward J. O'Donnell and Perry Como join the crowd in greeting reunions and the cleanup effort spikes as homes are readied.
MENTIONED IN THIS ARTICLE
Guantanamo Bay
Cuba
U.S. Naval Base
Cmdr
R. M. Averett
Bossier City
Mark
Edward J. O'Donnell
Perry Como
Sledding Mishap Kills Freshman at Bluefield College
An 18 year old Bluefield College freshman Olivia Nugent of Fredericksburg was killed in a sledding accident on campus. Witnesses said she and another student rode a flying saucer down a hill. the disk flipped and struck a tree. Nugent, a James Monroe High graduate, died of severe head injuries. her father is a Spotsylvania County official.
MENTIONED IN THIS ARTICLE
Bluefield
Olivia Nugent
Fredericksburg
Robert B. Nugent
James Monroe High
Spotsylvania County Board of Supervisors
Lynchburg Teen Admits Attacks on Two Women
The Lynchburg police report 17 year old Thomas Carlton Wansley admitted raping two white women and attempted to assault a third. He led officers to the exact attack sites. incidents began November 6 with a second report November 14 and a third last Wednesday. No hearing date set. Wansley does not attend school and works part time.
MENTIONED IN THIS ARTICLE
Lynchburg
R. C. Brooks
Thomas Carlton Wansley
Wansley
Appalachian Names Giles Vice President
ROANOKE AP The Appalachian Power Co. has named Joe P. Gills of Roanoke as vice president and general manager succeeding the late Richard E. Hodges who died September 26 Gills age 49 has been assistant general manager since May and joined the company 28 years ago.
MENTIONED IN THIS ARTICLE
Roanoke
Appalachian Power Co
Joe P. Gills
Gills
Richard E. Hodges
Appalachian
Marion
Eight Cubans Flee Cuba Reaching Mexico City
Eight Cuban fishermen arrived at Chetumal on the Yucatan Peninsula after fleeing Cuba in a small boat. Reports note the incident as part of ongoing migration activity from Cuba to Mexico.
MENTIONED IN THIS ARTICLE
Mexico City
Chetumal
Yucatan Peninsula
Cuba
First Class Post On Christmas Cards
A vintage note explains first class mail for Christmas cards with four cent stamps. It mentions forwarding or returning misaddressed cards and that brief handwritten messages can be added to greetings. The tone reflects period guidance on postal handling for seasonal correspondence.
Also Mentioned on This Page
Stock Mart
Donnybrook
Kennedy
Ing
Congress
Takpayers
Europe
Treasury
Brumback
N. Cameron
Winchester
McIdel
Thrifty
Down
Northern Virginia Power
Berryville
Strasburg
Front Royal
Luray
East Germany
West Germany
People’s Republic
Montgomery Ward
Guantanamo Base
Giles
Mexico
James and
Connie Summers
George Washington
Beltone Ste
Sweetheart Shops
North
Loudoun ST
Virginia