FYI, KEX was one of, and perhaps the earliest, radio stations in Portland. It also became one of the most powerful, operating at 50,000 watts since 1948. Today it's part of the Clear Channel Network and simulcasts talk radio on both AM and FM.
I spotted another one of these covers on
ebay going pretty cheap, if anyone is interested. The cachet is bolder and it was cancelled on May 14, also at 11:30 pm, in the middle of the hour-long time slot. Looks like these mail-by-air broadcasts were all done late on Saturday nights.
https://www.ebay.com/itm/CACHET-COV...184608564988