1---------------------------------------------------------------------------------------------------------------------~ HIGH TIDE _JW TIDE 5/30/ J+ 8 AT 0146 5/30/ I 3 AT 0802 5/30/ 4 7 AT 5/30/ 009 AT 2016 1402 :JhB HOURGLASS VOL <> 3 No. I I 30 KWAJALE IN, MARSr-IAl"t· rSLANDS n,ESDAY 29 MA i 962 STOCK MARKET DROPS TO NEWS IN BRIEF ITS LOWEST DECLINE SINCE 1929 CRASH WASHINGTON -- THE GOVERNMENT SAID NEW )ORK, MAY uPI I -- THE srOCK PLUNGED iTS WORST TODAY THAT A NEW SERIES OF HIGH­ 28 MA~KET ~ODAi ~~ BREAK SINCE THE". ('R, .;;11 OF OCTOBER, 19290 THOllSANDS OF iNVEST'I.I RS, MOST ALTITUDE NUCLEAR TESTS WILL BEGIN OVER OF THEM PRESUMABL Y "l I TTLE FELLOWS TOl. CrlED O!="F A WAVE OF' SELL II NS THAT THE PACIFIC'S JOHNSTON ISLAND IN ABOUT WIPED OUT 18.5 Bill ION iN PAPER AND HAD THE TAPE RUNNiNG FOUR DAYS THE TESTS WILL INCLUDE THE VA~UES TiCK~R A RECORD 69 LATE WHEN THE CLOSED HIGHEST MAN-MADE ATOMIC BLAST YET-- MIN~TES ~ARKET IT WAS THE SIXTH 5TRAISHl DAY OF HEAV~ SELLING, WHICH COS~ THE MARKET 400 TO 600 MILES UP. ONE PURPOSE OF THE SERIES IS TO SEE HOW EFFECTIVELY A TOTAL OF 59 5 BHLLION IN PAPER HIGH LEVEL SHOTS CAN KNOCK OUT ENEMY AMONG THE BLUE CHIPS, A~ERICAN T:LEPHONE TOOK A SHELLACIN6 O~ $!~ 13 COMMUNICATIONS A SHARE AND Du PONT LOST 412 50 SEAR5 ROEBUCK WAS DOWN $7.37 AND SuCH H!GHlY FAVORED KAILS AS NOKFOLK AND WESTERN LOST AS MUCH AS $5 50 MOTORS AND STEEL TOOK T~E PRESSURE CENTERV I LLE, IOWA -- FEDERAL I NVEST­ TEST U.S STEEL lOST ONLY 1 TIGATORS SAY A DYNAMITE-TYPE BOMB 4 88 PUBLIC INQUIRY INTO BILLY AND GENERAL MOTORS ONLY $ 63 PLANTED BY A SU I C I DE-BENT PERSO~' MAY HAVE SHATTERED THE CJNTINENTAL AIR­ STANDARD Oil (N Jo) WAS DOWN $5, SOL ESTES CASE OPENED iNTERNATIONAL NICKEL $3 AND WOOLWORTH WASHINGTON, MAY 28 (UPI)--HouSE LINES JET IN WHICH ~5 PERSONS WERE KILLED THE DISASTER OCCURRED OVER $3 78. THE DOW-JON~S !NDUSTRIAL INVESTIGATORS OPENED A PUBLIC INQL ,RY AVERAGE SLUMPED 34.95 POINTS TO SOUTHERN IOWA TUESDAY NIGHT !T IS iNTO THE B!LLiE SOL ESTES CASE TODAY 576.93--ALMOST 25 POINTS BELOW T~E AMID SOME AViD POL T!CAL WRANGLiNG SAID FEDE~AL INVESTIGATORS ARE TRACKING 600 LEVEL WHICH EVEN THE MOST PESS­ DOWN A REPORTED MURDER-SUICIDE PL0T AND A THREAT OF NEW CRjMINA~ PROS- IMiSTIC FORECASTEQ5 SElEC1ED YEAR­ THAT MAY HAVE BEEN THE CAUSE OF THE [CUT.ON AGA!NST THE ON[ TIME TEXAS END AS THE WORST THAT COULD H~PPEN DISASTER I'll LU ONA ~ RE SHOULD THERf BE A SLUMP 1~1~ YEAR. THE ~EAD-OFF WITNESS, IGRiCU~TU~E THIS ~AS THE WORST DECLINE SiNCE ! DELAWARE -- THE COAST GUARD REPORTS OEPAR1MENT OFFICIAL ROLAND BALLOU, SAiD OCT 28, 1929, WHEN THE AVERASE THAT TWO EMPTY LIFE RAFTS HAVE BEEN HIS DEPARTMENT HAD SENT INFORMAT!ON TO RECOVERED FROM THE ATLANTIC NEAR THE DROPPED 38 33 POiNT~ THE JUSTiCE DEPARTMENT FOR POSS~BLE SURPASSED THE POINT POINT WHERE AN AIR FORCE TRANSPORT IT 3~.R9 CRiMiNAL PROSECUTION OF ESTES THE DISAPPEARED 'YESTERDAY IT I S NOT DROP NEWS o~ P~ESIDENT EISENHO~ER'S J DATA INVOLVED FALSE FINANCIAL STATEMENTS KNOWN WHETHER THE BOATS WERE PART OF HEART ATTACK ON ESTES' GRAIN STORAGE OPERATuONS o THt MISSING PLANE'S EQUIPMENT A TOTAL 0F 9,350 SHARES WAS THE MAXIMUM PENALTY UPON CONV!CT~ON I TRADED, THE LARGEST SINCE JULY 21, COULD BE FiVE YEARS IN PRISON. I DENVER -- ASTRONAUT SCOTT CARPENTER 1933 SHORTLY AFTER THE ~EAR'NG GOT UNDER- , THE LAS IN THE TAPE DOuBLED THE HAS ARRIVED IN DENVER ON PRESIDENT WAY, REP. ODIN LANGEN, REPUBLICAN­ PREVIOUS RECORD OF 34 MINUTES SET iN KENNEDY'S PERSONAL PLANE FOR TWO AND MINNES0TA, A MEMBER 0F THE HOUSE OPERA- ! ONE-HALF DAYS OF ACCLAIM FROM FELLOW MAY, 1933. EXCHANGE AND BROKERA6E TIONS INVESTIGATING SJBCOMMiTTEE, CHAlL-' HOUSE EMPLOYES WERE SWAMPED WiTH CO",OR.40Q..A.llrl$. "'O~RHQ.R Sr£ PIoIEN' ENGED uALLOU'S TESTIMONY THAT NO FAVOR- J ORDERS AND WE.RE KEPT ~McN I CHOLS -MET eARpI~:NTER ANO~ ~ IS F"AMtL Y HOtJ~t"t"O.tR-+ IT. SM WAS SHO~ tSTts "tND THAT THE >At '\G\IJ TIME EVEN THE SPECIALISTS WERE AT THE END OF THEIR TRIP FROM CAPE GOVERNMENT LOST NO MONEY STORING GRAbN HELD OVER n~ THE STOCK EXCHANGE CANAVERAL. THE FLIGHT TOOK FOUR IN ESTES ELEVATORS FLOOR TO CONFIRM ORDERS. HOURS. ABOUT ONE HOUR LESS THAN IT LANGEN DESCRiBED BALLOU'S REPLIES TO BUT OFFltERS OF THE EXCHANGE TOOK CARPENTER TO ORBIT EARTH THREE QUESTiONS ON THESE POINTS AS "QUITE SAID THERE WO~LD BE NO COMMENT FROM TIMES LAST THURSDAY INADEQUATE," ANOTHER REPUBLICAN, REP THE EXCHAN6E ITSELF ON THE BREAK OF FLORENCE P DWYER, REPUBLICAN-NEW JERSEY THE DAY'S TRADING WASHINGTON -- HOUSE INVESTIGATORS SAID TEXAS ATTORNEY GENERAL WILL WILSON WHILE THE SEll INS WAS ~T ITS PEAK OPENED TODAY THE FIRST PUBLIC INQUIRY KNEW MORE ABOUT THE CASE THAN ANYONE IN W,LL STREET, REPUBLICAN CON­ INTO THE BILLIE SOL ESTES CASE DEMO- AND SHOULD BE CALLED TO TESTIFY SRE~SIONAL LEADEk~ WERE CIT! ~G THE CRATIC AND REPUBLICAN REPRESENTATIVES ON THE DEMOCRATiC SIDE, REP Ross BASS STOCK MARKET AND SOME BUSINESS AND AND THE FIRST WITNESS, AN AGRICULTURE DEMOCRAT-TENNESSEE, BROU~HT OUT THAT FARM DECLINES. THEY CHARGED THA' DEPARTMENT OFFICIAL, ARGUED WHETHER ESTES STARTED HIS GRAIN STORAGE OPERA­ PRESIDENT KENNEDY'S CAMPAIGN THE EISENHOWER OR KENNEDY ADMINISTRA­ TIONS UNDER THE EISENHOWER ADMINISTRA­ PROMISES HAVE "VANISHED INTO THiN TION WAS MOST INVOLVED IN ESTES' TION, AND THAT FORMER GOP OFFICIALS AIR". THE ATTACK WAS LED BY HOUSE DEALINGS ARE NOW ACT i VE ! ~ A F I Rt-4 THAT ! S ONE GOP LEADER CHARLE~ HALLECK OF OF ESTES' BIGGEST CREDITORS INDIANA AND SEN. EVERE1T DIRSEN FRANKLIN, TEXAS -- A GOVERNMENT LIE OF ILLINOIS. DETECTOR EXPERT HAS ARRIVED IN FRANKLI~ VIENTIANE, LAOS, MAY 28 (UPI)--PRO­ THE BREAK EXTENDED FROM THE BIG TEXAS WHERE A GRAND JURY IS STUDYING COM4UNIST LAOTIAN REBELS, POSSIBLY AiDED BOAR~ TO THE AMERICAN EXCHAN6E IN THE DEATH OF AGRICULTURE DEPARTMENT BY NORTH ViETNAMESE TROOPS, WERE REPORTEf NEW YORK AND 10 THE MIDWEST EXCHAN8E OFFICIAL HENRY MARSHALL THE EXPERT TODAY TO HAVE BR{KEN OFF A NEW OFFENSIVE IN CHICAGO AND l~E SAN FRANCISCO MAY BE THERE TO TEST THE TRUTHFULNESS AFTER CAPTURiNG A ROYAL GOVERNMENT E~GHAN6E. AT TORON10 INDUSTRiAL OF WITNESSES. MARSHALL WAS THE FIRST OUTPOST NEAR HOUEI SAl. ~HARES HAD THE BIG6EbT DROP IN FEDERAL OFFICIAL TO PROBE BILLIE RADIO MESSAGES RECEIVED FROM AMER~CAN SOL ESTES' DEALINGS Mf:MORY. MILITARY ADVISERS IN THE MEONG R!VER WALL STREET GENERALLY WAS BORDER VILLAGE SAID THE REBEL DRiVE STUNNED BY THE WIDE AND DEEP EXTENT UNIONVILLE, IOWA -- A HEAVILY ARMED STOPPED JUST BEFORE DtW~ YESTERDAY. OF THE SELLIN8 THE MOST LOGICAL POSSE ASSISTED BY HELICOPTERS AND THEY SAID THERE HAD BEEN NO FURTHER EXPLANATION SEEMED TO BE THAT AIRPLANES, IS SEARCHING SOUTH IOWA CONTACT SINCE THE REBELS CAPTURED THE "LITTLE FELLOWS" WERE GETTING OUT FARMLANDS FOR A SLAYER OF A FAMilY GOVERNMENT OUTPOST ABOUT NiNE MiLES FROM OF THE MARKET, FEARFUL THAT THEIR OF FIVE TWENTY-FOUR-YEAR OLD GAYNO THE VILLAGE ON THE ROAD LEADING TO EQUITIES WOULD BE WIPED OUT IF T~E~ SMITH IS BEING HUNTED FOR ALLEGEDLY NAM THA. HUNG ON ANY LONGER THEY SO CON- KILLING HIS AUNT, UNCLE AND THREE REPORTS FROM THE SAME SOURCES YESTERDA' CLUDED BECAUSE THERE DIDN'T COUSINS YESTERDAY NEAR HAYESVILLE, TOLD OF A "CONCENTRATED ATTACK" BY THE APPEAR TO BE ANY NUMBER OF BI~ BLOCKS IOWA REBELS, THE FiRST REPORTED ~N NEARLY OFFERED AS WOULD BE T~E CASE IF THREE WEEKS o THE REPORTS SAID THE REBE~ INSTITUTIONS AND BIG INVESTORS WERE WASHINGTON -- THE STATE DEPARTMENT FORCE APPEARED TO iNCLUDE TROOPS fROM HAS EXPRESSED SOME RESERVATIONS ABOUT DUMPINel. COMMUNIST NORTH ViET NAM AND LATE IN THE DAY IT APPEARED THE TRIP OF LAOTIAN STRONGMAN GENERAL IT WAS FROM HOvE! SAl THAT ROYAL PHOUMI NOSOVAN TO THE PHILIPPINES THAT FACTORS AND BANS WERE SELL!NG GOVERNMENT ~ORCES FLED ACROSS THE MEONG THE TRIP COMES DURING A NEW COMMUNIST THE SECURITIES OF SOME SMALLER TRADERS INTO rHAiLAND EARLIER THIS MONTH. THE AND HAD BORROWED ON T~E~ OFFENSIVE IN LAOS AND THf STATE DEPART­ REBELS HAD DRIVEN THEM OllT OF NAM THA, MENT SAYS ITS TIMING IS "A LiTTLE CAPITAL OF LAOS' NORTHWESTERN PROVINCE, DELICATE" BUY UNACCOUNTABLY DiD NO~ ATTEMPT TO occupy HOUE! SAl I-------------------------~----------------------~-------------------------~I PAGE 2 HOURGLASS TUES 29 MAY 1962 PUBLISHED AT THE DIRECTION OF THE CARPENTER GIVES REPORT ON FLIGHT AT THE CAPE COMMANDING OFFICER, PACIFIC MISSILE RANGE FACILITY, ~AJALEIN, MARSHALL CAPE CANAVERAL, MAY 27 (upr)--SCOTT CARPENTER GAVE THE NATIO~ A FASCINATING ISLANDS, IN ACCORDANCE WITH BUREAU I REPORT O~ A WORKING ASTRONAUT" TODAY AND SAID THAT DESPITE PROBLEMS DURING OF WEAPONS CONTRACT NOAS-59-4176-c HIS THREE-ORBIT FLIGHT AROUND EARTH LAST THURSDAY, "I'M READY FOR TWO WEEKS WITH THE TRANSPORT COMPANY OF TEXAS. I N ORB IT" CARPENTER SAID THAT ALTHOUGH THE NATION WORRIED ABOUT HIM AT THE END OF HIS THE HOURGLASS IS PUBLISHED DAILY SPACE RIDE, HE WAS ~EVER SERIOUSLY CONCERNED HIMSELF HE COMPARED THE TRIP MONDAY THROUGH SATURDAY. DEADLINE IN HIS AURORA-7 MERCURY CAPSULE TO itA BUS RIDE ACROSS TOWN," AND SAID HE WAS FOR NOTICES IS 4 P.M. DAY BEFORE AS CO~FORTABLE IN ORBIT AS HE WOULD HAVE BEEN IN BED PUBLICATION.