Pampa Daily News from Pampa, Texas on October 23, 1961 · Page 2
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Pampa Daily News from Pampa, Texas · Page 2

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Pampa, Texas
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Monday, October 23, 1961
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Page 2
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MONDAY, OCTOBER M, l9fii THE PAMPA BAttV NEWS Still. VMlt Economists See Business Upturn NEW YORK (UPI) — The nation's leading economists expcci 198J to be a record * breaking year With both consumer and wholesale prices edging upward, a survey showed today. The consensus of 318 economists polled by F. W. Dodge Corp. is that all major business indicators will advance, many of them setting new records. The total production of goods and services, the broadest measure of the nation's economic vigor, is expected to increase to $535 billion by the fourth quarter of next year, a 10 per cent rise over the second quarter of 1961, The economists also predict that the Federal Reserve Board's index of industrial production will hit t record high of 122 per cent Of the 1957 average. The latest reading was 112 per cent. Nearly all the economists canvassed expressed-the opinion that federal defense expenditures will >• rising fairly sharply into 1962 »nd that increased government outlays will be the most important short - range stimulant for the economy. •ft Little Hope Held For Negotiating in Problem ASSUMMS NEW DUTIES — rivate James D. Johnson, on of Mr, and Mrs. Chester' Johnson., 313 N. Hobart, ecenlly graduated at the iompany B, Third Battalion, 'Irst Training Regiment of he Army Training Center, i'ort Jackson,, S.C. Johnson 'isiled his parents before as- uming his new assignment vith Quartermasters Corn)any at Fort Lewis, Tacoma, Wash. Action Ordered In Racial Case WASHINGTON (UPI)-The Su preme Court today ordered a federal court to examine Alabama's 5-year-old ouster suit against the National Association of Colored People if a state court doesn't consider the suit by Jan, 2. The high court also said the federal court will keep tab on the case until there is a final determi nation. Speaker Rayburn Reported Weaker DALLAS, Tex. (UPI)— House Speaker Sam Rayburn, 79, lost more ground today in his fighi against cancer, H« failed to rally from a weakness which developed in his con dition Sunday and he has lost alertness, "He has no particular discom fort but remains weak," a 1 «.m. hospital bulletin said. "Hi condition continues to be seri ous." City Commission Will Open Bids Bids for a drive-up window t be installed by the city wale department on the south side o City Hall will be opened al Tues day's regular weekly meeting o the City Commission. City Manager John KootUz sai today ths bid opening is sche euled for 10 a.m. The commission also will hear a report and recommendations from the City Traffic Commission. Further discussion of the Bethune Heights proposed street improvement also is on the agenda, ths city manager said. , WASHINGTON fUPt)..«- Secrc- ' lory of Stale Dean Rusk sees ho i prospect of immediate negotla* i lions with the Soviet Union over Germany and Berlin. Rusk made the statement Sun', day shortly before U.S. Ambassa- <) dor Llewellyn Thompson left for Moscow where he eventually Is expected to resume exploratory talks with Soviet officials on the Berlin issue. Thompson is scheduled to arrive in Moscow Tuesday, In a television interview ABC — ssues find Answers Rusk made $500 Bond Set n Driving Case Acee Phillip Gooden, 40, 100 S. Gillespie, was freed on $500 bond oday in County Court when he beaded not guilty to a charge of driving while intoxicated. Bond vas set by County Judges Wiliam J, Craig. Gooden was arrested at 8:45 ),m. Friday by city police in the 400 block of E. Foster after the automobile he was driving struck a tree. t clear the West is negotiating 'rom a position of strength. He said that Soviet Premier Nikita Khrushchev "must know that we are strong." Rusk said he was among top government officials who approved a speech Saturday night in which Deputy Defense Secretary Roswell L. Gilpatrlc said that U.S. nuclear weapons were num- icred in the tens of thousands, Gilpatrics speech was described by Rusk as "a well considered," "official" statement giving "the facts in the present situation." He added, "I think that it. is important for our public and the rest of the world to know the essential facts." C-C Banquet Will Be Held Thursday Eve The annual membership banquet of the Pampa Chamber of Commerce and Board, of City Development will be held ftt 7:30 p,m, Thursday In the Robert E. Lee Junior High School cafeteria. Principal speaker will be William J. Bird, vice president of the John Hancock Mutual Life Insurance Co. of San Francisco, Calif. Approximately 400 persons from Pampa and neighboring towns are expected to attend the banquet. Bird, formerly with the. Greater Boston Chamber of Commerce and the United' States Chamber, is one of the;nation's outstanding after - dinner speakers. He spoke in Pampa In .1954 at the annual chamber meeting and scored a hit with those in attendance. Tickets are on sale at the Chamber office, with a limited number still available for Thursday night's meeting- Storm (Continued From Page 1) two feet above normal were subsiding today from Long Island to Main after causing serious damage in some areas. A 17-year-old boy was missing in Long Island Sound and authorities found his 10-foot boat overturned, Numerous other small craft were damaged. Six inches of water swirled through Quincy, Mass., streets at high tide Sunday, Flooding occurred in low areas of Hull and Scituate, Mass. Small boats were torn from their moorings and driven ashore in Quincy and ham bays. Gale warnings were up on Lake Superior along the leading edge of a vast cold air mass which stretched from upper Michigan to Texas. Nuclear (Continued From Page 1) nounced other big explosions in the current Russian series. Scientists in Washington have warned that such a bomb might produce a third as much radioactive debris as nil the nuclear devices exploded by nil the nuclear powers previously' Weather officials said air currents on both lower and higher altitudes in the Novaya Zcrnlya area this morning moved in a northern direction. They said this means (lie fallout from any super bomb exploded today would carry (o northern Soviet regions. Khrushchev's statement drew widespread protests, including a U,N. resolution presented Inst Friday by five nations in the path of Soviet fallout, appealing to Russia not to sol off the big bomb. ' Debate on the resolution was to have continued in the U.N.'s main political committee this afternoon, The special political committee voted 75 to 0 Friday to express "deep concern" over the fallout caused by Soviet tests. If today's explosion was the big blast announced by Khrushchev icfore the Soviet Communist, con >ress il came earlier than expected. Khrushchev had indicator he test would be held Oct. 30 or 11. The explosion reported todaj wa,s the 22nd in the current nu lear series which began Sept. 1 The 21st test was held last Fri- Mainly - - - About People - - 'J.'h» Naw» Invites reader* to phone In or mull Items about the coming* and g-olnfr" of •thftxnaelvei )r frloiida for Inclusion In thl» column. * Jndletites paid «dv«rUnlnf day. After Khrushchev announced hi." plan to set off the 50 - megaton blast il was noted in Washingloi that the largest nuclear weapor that had been exploded so far was an H-bomb in the 15 • mogu range. Jl was set off by the United Slates on March 1, 1954 A 50-megaton bomb would hav 2,500 times the power of the bias that leveled Hiroshima. One well-informed Wnshingto official tulvised a reporter to tren the repon of a 50-megaton ex plosion with caution. He said th Russians set off a nuclear devic today but il was believed to b far less than the equivalent of 5 million tons of TNT. "Khrushchev said the 50-mega BIRTHDAY HONOREE - - T. W. Hale, 709 E. Denver, was honored lastweek on his 93rd birthdaywhen members of his family gave him a surprise dinner. The honorec is shown with Mrs. Hale. Attending the dinner were, Mr. and Mrs. Morris Belote and children, 1217 E. Darby; Mr. And Mrs. L. D. Belote, Los Angeles, Calif.; Mrs Lou Winegeart and daughter, Sabina, 337 Canadian, and Mrs Edna Prescotr, 120 N. 'Sumner. (Daily News Photo) Nuclear War Perils Not Making People Jittery, Expert Claims WASHINGTON (UPI) — Are|gone beyond talking and have ac- Americans really getting "hyster- tually built shelters." Jess Reagan, 53, of Pasadena, irother of Mrs. Joe Tynes, 1D17 amilton died Sunday afternoon n a hospital in Houston. Funeiul ervices have tentatively been sei or Tuesday morning in Grosbeck/Irs. Tyncs left Sunday afternoon o attend" the services. Mr. and Mrs- Frank H u d g e I ave returned from Salina, Kan., vhere they attended the funeial f R. C. Lykke, brother-in-law of VI rs. Hudgel. The Young Republican Club will neet at 7:1)0 p.m. Tuesday in the county court room, Gray County Jourt House' Business and Professional Worn- Mi's Club will meet Tuesday at :,'IO p.m. m (he City Club Room or n social meeting planned hy Vlrs. 'F. W' Shotwell, llsallh and Safety chairman assisted by Mrs. Jlycle Carrutli. AHrusa Club of Pampa, will inve iv dinner meeting tonight at :,10 in the Coronaclo Inn with Ihe nternntiotinl Affairs committee in charge of the program. Colored slides of the European Tour, taken hy Mrs. Vera Lard and Mrs. }uth Sewell will be showiv Also ncluded in the meeting, wilt be reports from Mrs. Jack P. Foster and Mrs- W. A. Spoonemore, who attended the district conference ical" over the danger of nuclear war, as many, Europeans think? A prominent psychiatrist said today he doesn't believe they are, "There's a difference between serious concern about the world situation and panic," said Dr. Jerome Frank, professor of psychiatry ac John Hopkins Univer- Russell Rites Slated Today Funeral services for Dona Id Russell, 29, were held at 3 p-m, today in the Duenkel • Carmichael Funeral Home with Jay Channell, minister of the Harvesttr - Mary- Ellen Church of Christ, officiating Russell was found dead by his mother, Mrs. D. Russell, at 7:17 p.nv Saturday in his art work- Broker Reveals Tax Loss Plan In Stock Buying NEW YORK (UPI) .- Suppose you sell a certain slock for a tax loss and while you are waiting the required 51 days to buy il back again, it makes a big recovery in price. Too bad, but if you had followed this advice from Eldon A, Grimm of Walston & Co, you could have established your tax loss and gotten in on the recovery too. "Suppose, for example, you originally purchased 100 shares of X V Z lit 5T.'Now the .quotation is down to 21. So, you go into the market immediately and buy another 100 shares at 21. Then you wait 31 calendar days (to avoid a wash sale penalty) and liquidate the original 100 bought at a lofty price. You still retain 100 shares and will be protected in case the market quotation for XYZ recovers at some date in the future." The final day of the year for his so-called "doubling-up" process figures out to be Nov. 28, Grimm notes. Although recent markets have not treated too kindly some of the so-called glamor issues in a general downgrading of growth factors, there have been • intermittent signs of accumulation in those issues whose potentials are clear and practical enough to wager hard cash on their fulfillment, says Thomson & McKinnon. Ceiling Collaps< Fatal Te NEW ORLEANS (UP!) massif celling made fcf pi? ftrtd Mre collated 'with i derous roaf and dumped a tol d«bris ontff * crowd watchinl horror movie last nifht; small neighborhood theater. One woman was . crushed! death' and SO other per*6fls injured. Damage was estimated it 000. Honor Schedule! For Rockefeller NEW YORK (UPI) - Johijj Rockefeller 111, chairman off Rockefeller Foundation and { Population Council, will reel the 1961 Lasker Award in pi ned parenthood Tuesday niglj We Give During the past three weeks, Bache & Co. notes, Dow Jones industrials have established a clear trading range, between 689 shop, 501 E. Browning. The moth- and 7H ' "It appears likely that I sily, "I think there's a good deal of the former, but I don't detect much of the latter." Although fallout shelters have becom'e a topic of dinner - table and cocktail party conversation, 'he said in an interview, this doesn't necessarily mean that Americans have developed a collective anxiety neurosis. "We are a gre^at people for ads." he said. "Remember how he hula hoop swept Ihe country? \nd the Yo - Yo? Well, right now t's the thing to do to talk about niilding a fallout shelter. Among ny personal acquaintances, however, I know very few who heve Theft Of Tire, Cash Reported Two thefts were reported to police over the weekend. A tire was stolen from an un locked station wagon in front ol the home of Luke Fennell, 608 E Kingsmill- U was valued at. $20 Two coin boxes were stolen from their mountings in front o the A. and W. Drive Inn. 1216 Alcock. The boxes contained an undetermined amount of cash- Both thefts occurred some time Saturday night, police said. TEXAS FURNITURE COMPANY QUALITY HOME FURNISHINGS The Finest In Carpets By Lees ow Firth Berven CALL MO 4-4623 FOR OUR CARPET MOBILE AT NO OBLIGATION Culprits Damage Street Machine A street mainlainer, owned by the Ray Boswelf Construction Co., was broken into sometime during the weekend, according to a report to police this morning Police said window glass was broken from the cab of the truck, but nothing was reported missing. The maintainer was parked at Sumner and Gwendolyn Sis. Gas Well Fire Still Rages In Waters Of Bay GALVESTON (UPI)— Workmen vere preparing loday to drill n lirectional well in an effort to stem a $300,000 gas well burning nit of control in Galveston Bay. The 13,000-foot well, owned by -Uimble Oil and Retg. Co., caught 'ire Sunday afternoon after blow- ng out while workmen tried to close it off, No one was injured. Nearby wells were shut down and Coast Guard boats patrolled the area, keeping other boats a mile away from the fire. The well was in Redfish reef field about two miles northeast of the Houston Ship Channel. John S. Bell, Houston area manager for Mumble's southwest region, said the fire may burn out before the directional well is completed. The directional well will cost more than $300,000 and take aO to 90 days to complete, Bell said, "The burning well may remain on fire nil that time," Bell said, 'But then again it may burn itself out tomorrow," Famed Houston firefighter .Red Aclair was called in for consultation by Humble. Bell said conventional firefighting methods were impossible because the source of the fire is below the water line. What effect will all this talk have on children? Will they conclude from their parents' conversation that there's not much point in working hard at schools, or otherwise preparing themselves for a highly uncertain future? "Children are far more likely to be affected by how adults behave than by what they say. Parents who are really frightened will .communicate their jitters to their children even if they never mention war in their presence. But if children sense that their parents are taking the whole thing calmly, and going ahead with life in a normal way, they'll probably do the same, regardless of the scare - words that may be gibly tossed around in their presence." Frank said the greatest psychological danger of too much talk about nuclear war is th«t it may weaken the determination o'f adults to avoid such a conflict, "If we go on talking blithely about 70 million casualties, and coolly estimating whether 10 or 22 per cent of the people in a certain area might survive, we may get hardened to prospects from which rational human beings should recoil in horror," he said. er. told the police that he had left home at 5:30 p.nv Saturday to work on some modernistic paintings in his workshop. Officers said they found a note written by Russell saying he had taken ten sleeping pills. Verdict as to the cause of death is expected this afternoon. Russell was born Nov- 29, 1931 n Duncan, Okla. He ca'me with is family from Bartlesville, )kla. in 1941 and made his home vith his parents, Mr. and Mrs- D. Russell at 723 N. Dwight. He was graduated from Pampa High chool in 1950. Pallbearers were Arthur Orth, "Instead of regarding nucleat war as an unthinkable course which must be avoided, we may find ourselves growing used to the idea of wholesale destruction "I think that would be an. ex tremely dangerous state of mine for people to get into." near-term action will continue to be confined within these limits." and was in the -Marine Corps in 1940 for a short time. In addition to his mother, he is survived by his father, Edward Foran of Pampa, two half'broth- ers, Tommy and Richard Foran, both of Pampa; his grandmother, Mrs. Orpha Barton of Lebanon, Mo- ' Interment will be in Fairview Cemetery with Floyd Hatcher, Charles Hatcher, Ray Duncan, Mage Keyser, James Evans and Jerry Thomas as pallbearers. Odis Shelly, Ira Carlton, Roger Long, Everett Leland, and -Lloyd Cuntz. Interment was planned in Fairview Cemetery. J. E. Foran Jr. Rites Wednesday Interment rites for James Edward Foran Jr., 38, x-ray technician, will be held at 2 p-m. Wednesday, in the Hobart Street Baptist Church with the Rev. John Dyer, pastor, officiating. Mr- Foran, born April 23, 1923 in Cincinnati, Iowa, died at 2:15 yesterday in the home of his mother, Mrs. Irene Whisler, in Oklahoma City, Okla, He moved to Pampa in 1926 from Iowa; was a member of the First Christian Church and a 32nd degree mason. He was graduated from Pampa High School in 1941 FASTER LONG DISTANCE CALLING USE AREA CODE NUMBERS —instead of names of cities. Cut down your waiting time on the line. For full details on Area Codes, please see your telephone directory. Call by number... it's twice as fast *«""•* Pampa Progre: Thrift Stamp: . . . The Stamps Yoi Spend Like Money! Each Pampa Progress] Stamp Bo'ok Is Wortt $1.00 '/'..'• On! Any. Hem. Offered By.Participating Merchants Fife Food Market Smith's Quality Shoe; Pampa Hardware Coi B&B Pharmacy No. B&B Toyland Lin's Cleaners Roberta's Flowers Hi-Land Pharmacy We Give Pampa Progrej Thrift Stampi ton explosion was coming at the end nf October, didn't he?" ibe official reminded. insured associations like SECURITY FEDERAL moke more home loans than all other financial institutions combined What'i in » Name? LONDON (UPI) — Chairman of the Central Horticultural Committee of the National Farmers' Union is E, H. Gardener. WAYNE E. BROWN Certified Public Accountant ANNOUNCES Tlw Opening of au office for Th« Practice of Public Accountacy 301 COMBS WQRUY BUILDING 3IO 5-2181 Pampa, Teia* That's why a few minutes of time spent with one of our friendly loan officers can be your best investment when making your BIGGEST investment! We'll plan your loan individually .,, work out monthly payments for your convenience.,, give you the benefit of our knowledge of local property values, You're always welcome to visit us any time to talk over your plans. SECURITY FEDERAL SAVINGS & LOAN ASSOCIATION AU|«r t. WfU, £*|Ci/« cuinar IIVIIEM M9IIM HQMi 10AM IANK SYSteM WUT FIANCU AND GRAY $T*EfT$

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