Discount Rate Cut Approved By U S Board
The Federal Reserve Board authorized the Philadelphia Fed to cut its discount rate from 3 to 3 1 4 percent, effective Wednesday, with other banks expected to follow. The move aims to ease credit, stimulate lending, and blunt recessionary pressures, praised by Treasury officials as flexible action in the national interest. Chase Manhattan then cut its prime rate from 4 to 4 percent.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Federal Reserve Bank of Philadelphia
Philadelphia
Federal Reserve
Federal Reserve Banks
Treasury Department
Anderson
Treasury
Philadelphia Reserve Bank
New York
Chase Manhattan
Youthful Gang Held After Breakin Attempt
Sheriff Joe L. Brogdon said three eastside youths aged 12 to 16 were apprehended after an attempted break in at 2508 E 6th St and questioned about three other Monday night break ins near E 10th St and Ind 109. They admitted taking a radio a class ring a necklace candy and change. The loot was recovered. The boys also admitted taking many outside Christmas trees.
MENTIONED IN THIS ARTICLE
Joe L. Brogdon
Eastside
E. 6Th St
E. 10Th St
New Engineer Hired To Aid City Building
Edwin J. Denman has joined the office as assistant city engineer to D. M. Gwinnup, focusing on new construction. A Kansas native and Kansas State University graduate, Denman served five years overseas in the Army Corps of Engineers and attained the rank of captain. He and his wife and two children will move from Fort Worth to Anderson after February first.
MENTIONED IN THIS ARTICLE
Edwin J. Denman
D. M. Gwinnup
Denman
Anderson
Germany
Herald Phajo
U.S. Army
Karlsruhe
Heidelberg
Corps of Engineers
State of
Kansas
Three Girls Escape From CWWU Home
City and county police were notified yesterday by the Christian Women's Welfare Union that three girls from adjoining counties escaped from the home at about p.m. The girls aged 16 and 17 had not been located and returned to the correctional institution by nightfall, according to home officials.
Snowstorm and salary saga sweep Midwest city notes
City council in Anderson passes three readings on September 17 1957 raising mayor controller treasurer and attorney salaries after a 1956 census set population above 35 000 and assessed value over 75 million The ordinance adds utility duties to pay scales and outlines transfers from General Fund to various departments including Board of Public Works and Public Safety Details include salary boosts for mayor controller treasurer judge council and attorney plus utility duty pay and a conservancy district petition on Elm.
MENTIONED IN THIS ARTICLE
Board of Public Works
Board of Works
General Fund
Civil City
Board of Public Safety
Clerk of Board of Public Safety
Anderson
Jack B. Campbell
Board of School Trustees Hears AHS Annual Bids
The Anderson Board of School Trustees reviewed bids for the 1958 Anderson High School yearbook printing and binding with Hudson Printing Co. of Anderson chosen for the low bid of 3672.50. Lincoln Press of Muncie submitted an additional bid while three local printers declined. Frank Woschitz introduced a school publicity brochure approved for public information. Mrs. Margaret Knight presided over a session where members reviewed athletic matters and the meeting adjourned with plans to continue.
MENTIONED IN THIS ARTICLE
Anderson High School
Anderson Board of School
Hudson Printing Company
Anderson
Lincoln Press
Muncie
Frank Woschitz
Anderson Public Schools
G. E. Ebbertt
Woschitz
Margaret Knight
Economy Bloc Delays Debt Ceiling Increase Action
Washington report notes the House discussion on raising the national debt limit, with Byrnes proposing a five billion dollar hike to 280 billion and aimed at giving the Treasury space through June 30, 1959. Opposition from Republicans and Democrats signals potential roll call votes and delays as leaders seek a path forward amid concerns about fiscal restraint and urgent defense needs.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Byrnes
Eisenhower
Ito
Sage
John W. Byrnes
House
GOP
Joseph W. Martin Wis
Mass
McCormack
Four-car boulevard crash injures Nordstrom in Seattle
In Seattle a four car boulevard accident injured driver Otis G. Nordstrom, 39, while other drivers offered aid. Nordstrom thanked responders and planned to seek his own care, with passersby naming several doctors who offered assistance.
MENTIONED IN THIS ARTICLE
Seattle
Otis G. Nordstrom
Samuel J. Minkove
Ernest M. Evans
Robert A. Pommerening
Nordstrom
Four Billion Missile Fund Approved by House Committee
The House Appropriations Committee approved a 1.41 billion dollar fund for space age weapons and defenses as the first payment on a new U S missile program. The panel also authorized 110 million in transferable funds plus an additional 40 million for military use including a solid fuel Redstone successor. The action precedes Senate review with expectations of further additions and ties the funding to fiscal 1959 needs.
MENTIONED IN THIS ARTICLE
Washington
U.S
House Appropriations Committee
Eisenhower
Congress
House
Senate
House Armed Services Committee
A. W. Betts
William Holaday
Defense Department
Betts
Soviet Union
Donald A. Quarles
Defense
United States
Had Lots Of Calls, Sold Truck
A Crystal Street man reports strong demand after placing a want ad in Classification 61 for a Ford Pick-up truck with 3 engine in A-1 shape Read by Madison County readers, the Bulletin and Herald Want Ads promote low-cost ads and weekly rates, urging readers to dial 3-5372 for ads.
MENTIONED IN THIS ARTICLE
Bulletin and Herald
Crystal Street
Madison County
Investigation of Blast at George W Early Service Station
Investigation by Anderson Fire Department and Central Indiana Gas Company continues into the blast at the George W Early service station at 38th Street and Columbus Avenue. Attendant James Pursley and bystander Wayne Stapleton sustained second degree burns. total damage estimated up to 5000 dollars. Officials say the explosion stemmed from gas accumulation entering the building from an underground leak. investigations target whether gas lines were disturbed and how gas reached the station.
MENTIONED IN THIS ARTICLE
Anderson Fire Department
Central
Indiana Gas Company
George W
38Th St
Columbus Ave
James Pursley
Burton
St. John’s Hospital
Fire Department
Herbert Johnson
Howard Himes
Fire Prevention Bureau
Gas Company
A. L. Schaffer
Roy Leakie
Bath Street
Himes
Parking Authority Plan Okeh Says Retail Group
Anderson officials approved a city parking authority plan after a Retail Association committee reviewed proposals for downtown parking and a potential site at 10th and Mains streets. The Board of Works will discuss further action January 29, including remonstrance filed by private downtown lot owners and a survey of existing facilities.
MENTIONED IN THIS ARTICLE
Anderson Retail Association
City Parking Authority
Anderson Board of Works
Board of Works
10Th
Mains Streets
Lafayette
Hammond
Crawfordsville
Kokomo
Chamber of Commerce names 1958 legislative committee
The Anderson Chamber of Commerce announced its 1958 Legislative Committee chaired by John E. Scott with Jack Campbell as vice chairman. The list includes Walter R. Bagot Judge Harold Actor Oliver Adcock Roy Alexander Wilson Anderson Robert Austin and many others as members. The group will study legislation pending before Congress and plan year activities.
MENTIONED IN THIS ARTICLE
Anderson Chamber of Commerce
John E. Scott
Jack B. Campbell
U. W. Heckaman
Scott
Campbell
Walter R. Bagot
Harold Actor
Oliver F. Adcock
Roy B. Alexander
Wilson G. Anderson
Robert L. Austin
Kenneth E. Ballinger
Theodore E. Bloom
Lawrence Booram
Howard H. Brown
Maurice M. Buck
J. Bayne Burton
John H. Bucton Jr
William Byer
Burton Canaday
George O. Chambers
L. A. Cox
Charles H. Dickmann
James L. Doenges
G. E. Ebberatt
Howard Ehrhart
Ralph Fergiuson
Wade Free, Jr
Charles Gaus
Merrill Graham
Everett A. Hartung
R. E. Harrison
Willard C. Hawkins
Russell Hulse
Miller Huggins
John Kiely
Herman Landes
P. T. Lamey
Frank M. Lucas
Burton McClintock
J. C. Norris
John Nottingham
George Pancol
James H. Peters
Jack Phillips
Jack Pihl
Dr. W. C. Polhemus
T. E. Rinker
Robert L. Rock
Robert L. Shearer
Gerald P. Shine
George W. KE. Smith
Byron L. Stewart
Madison County Council Acts On Bridge Fund Requests
The Madison County Council meets at 10 a.m. to decide on funds from the bridge fund for two new bridges and items from the county revenue fund. The session covers salaries, equipment, and bridge projects, with Hancock County to reimburse Madison for a pro rata share. An escapee from the county jail was later returned from Kalamazoo to Anderson.
MENTIONED IN THIS ARTICLE
Madison County Council
Madison County Juvenile Court
Washington
Earl Daugherty
Ann Eisenhower
Gerson
Thesday
Indiana Girls School Today
Cus- White House
Tody
James C. Hagerty
Chicago
Madison-Hanan
Daugherty
Cock County
Sugar Creek
Adams Township
Bills Creek
Alexandria
Hancock County
Madison County
Jesse Biddle
Reuther challenges Curtice to outline bargaining aims
Walter P Reuther urged General Motors President Harlow Curtice to tell the United Auto Workers convention how it should shape 1958 bargaining demands. The appeal followed Curtice's remarks on economic realities as the union pushes profit sharing, wage hikes, extended layoff pay, and improved pensions amidst industry opposition.
MENTIONED IN THIS ARTICLE
Detroit
Walter P Reuher
General Motors
Harlow H. Curtice
United Auto Workers Convention
Curtice
Reuther
UAW
UAW International Executive Board
Ford Motor Co
Chrysler Corp
American Motors Corp
New Arrivals Born at St John s Hospital and Other Homes
A series of birth notices from St John s Hospital and area addresses report newborns including girls for Byron Cunnigham and Mrs Greenfield and boys for Arnott Poor Willian Wei Mer Willson and Svyantek. One birth occurs at Amory University Hospital in Dacatur Ga and another in Nuremberg Germany with multiple relatives named.
MENTIONED IN THIS ARTICLE
St. John's Hospital
Byron Cunnigham
Alexandria
Richard Jones
Greenfield
Robert Arnott
Meridian St
Carl Poor
Willian’ Wei Mer
Fremont Dr
Robert Stanton
School St
Richard C. Willson
Amory University Hospital
Dacatur
Myron Seal
Weldon
Canby C. [Willson of
Anderson
Also Mentioned on This Page
U.S. Board
CWWU
Nebraska
Midwest
Peoria
Tulsa
Texas
Butler
Missouri
Staitt
Dodge Cay
Oklahoma City
Fort ‘Worth
Oklahoma
Dallas
Pd Cry
Joseph
N Platte
Lincoln
Topeka
Little Rock
Sten
Vicksbui
Janeksa
Iowa
Davenport-Dubuque
Kans
Lexington
St. Joseph
Board of School Trustees
AHS
Kansas City
Okeh
United Press
Illinois
Pennsylvania
Indiana
Wisconsin
Michigan
Bob Sidman
Missouri National Guard
Richmond
Moo
Wichita
Kan
Arkansas Ozark Mountains
Windy City
Steel Business
Bryce Brown
Nates
James Fenters
Jack Richeson
Hoyt Wright
Mike Martin
Retail Association
Floyd Stoelting
William Hovermale
Kalamazoo
Mich
Cleveland
Michigan City
Cas
Reece
Pierre Salinger
Senate Rackets Investigating Committee
Operating Engineers Union
San Francisco
William i Svyantek
Leroy
William Paul
Bloomington
Svyantek
Elaine Schock
Darrell E. Schock
Joseph Svyantek
Ralph, Pa
SFC
Edward 2. Riley
Douglas Victor
Nuremburg
Walter Sheets
Nichol
Ed Netter
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!