Federal Reserve Chief Flags Unhealthy Stock Market Tendencies
Chairman William McC. Martin Jr told the Senate Banking Committee that signs of unhealthy tendencies emerge when businessmen and the public focus unduly on stock prices. He warned speculation could harm the economy and noted margin requirements rose to 60 percent in January to curb credit buying.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Willliam McC. Martin, Jr
Senate Banking Committee
Banking Committee
Fulbright
Senate
Martin
New York Stock Exchange
FRB
Mart
Police Say Report False In Mount Vernon Incident
Police say a Columbus man faces a municipal court appearance on a charge he falsely claimed a gunpoint abduction. The case involves a supposed Grive penitentiary escapee Pat McDermott from Mount Vernon to Columbus. Gene Doughty, 29, identified as McDermott, allegedly claimed he was coerced at a Mount Vernon stop light to drive to Columbus.
MENTIONED IN THIS ARTICLE
Columbus
Grive
Pat McDermott
Mount Vernon
Gene Doughty
McDermott
FRB Resources in '54 Reach $13.8 Billion in Cleveland District
The Cleveland Federal Reserve reports 633 member banks in its district ended 1954 with total resources of 13.815 billion dollars, up 429 million from 1953. Bank earnings rose to 10.384 billion dollars, versus 3.64 billion the prior year.
MENTIONED IN THIS ARTICLE
Cleveland
Federal Reserve District
Ohio
Federal Reserve Bank of
Construction Worker Dies by Own Hand in Garage
A 53 year old construction worker Andres Pearson died by suicide in his Columbus home garage. Police said the incident occurred after a struggle with a European history professor emeritus at Ohio State University who was described as not connected to the death. The scene involved police and sheriff deputies and a search of the area in the north end of Columbus.
MENTIONED IN THIS ARTICLE
Los
ST. Paul Park
Winnum
Columbus
Onion
Andres Pearson
H McNeal
Itus
Ohio
Plac
North End
Universiy
Damite
Schermet Ren
Foreign Aid Speeds Up Against Red Expansion
Washington AP report notes accelerated foreign aid against communist expansion in Asia. It cites $2.8 billion new appropriations for the next fiscal year and $2% billion in carryover funds, with Southeast Asia and the Western Pacific receiving a quarter of the total. Through March 1 this year Far East aid reached $555 million for mutual security and other than military programs.
MENTIONED IN THIS ARTICLE
Washington
Asia
Tor Congress
Harold Staswen
Southeast Asia
Western Pacific
FDA
Humphrey Backs Tax Cut Amid Opposing Viewpoints
Senator Humphrey argues the Senate must choose between aiding American taxpayers or big business as it debates a Democratic income tax cut plan. Secretary George M Humphrey counters that the proposal undermines job creation and is misleading to claim it helps the “little people.”
MENTIONED IN THIS ARTICLE
Washington
Humphrey
D-Minn
Senate
Treasury
George M
Smathers
D-Fla
Ite
Latfaire Ima
Theople
Ohio Floodwaters Dumping Into Mississippi Expected Today
The Ohio River is set to release floodwaters into the Mississippi today or tomorrow. The river stood about 3 feet above flood stage yesterday and should rise two more feet. Meteorologist John Alden notes the rise is nearly done and some farmland has flooded delaying planting. Army engineer William A. Steele calls the Mississippi a reservoir for the Ohio. The Mississippi is forecast to crest at New Madrid Missouri after receiving Ohio floodwaters. The Ohio flood caused around 13 million dollars in damage and displaced thousands across Kentucky, Ohio, West Virginia and Indiana.
MENTIONED IN THIS ARTICLE
Calku
Ohio River
Weather Bureau
John Alden
William A. Steele
Mississippi
Ohio
New Madrid
Kentucky
West Virginia
Indiana
Ohio House Debates TB Sufferers Hospitalization Bill
Columbus measures would require hospital treatment for tuberculosis patients and authorize probate courts to place sufferers in state TB hospitals. Health boards would initiate cases. patients could petition for release after 90 days with seven day hearings. Counties would fund treatment from existing levies.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
House of Representatives
Joseph Es Lady
Hardin
Harold W. Oyster
Washington
Eugene J. Sawick
Cuyahoga
Frank J. Lausche
Health Commission
Club Burglary Foiled Ex-Convict Is Killed
Fontana's Night Club in Tiltonsville Ohio was the scene of a foiled burglary that left Albert Anthony De Febbo 25 a deputy sheriff from Jefferson County dead after a bullet struck him in the heart. John Fontana operator of the club fired the shot as the intruder attempted entry. De Febbo ran about seven feet after being struck and then collapsed.
MENTIONED IN THIS ARTICLE
Steubenville
Fontana
Tiltonsville
Ohio
Here
Weirton
W.va
Fatal traffic toll drops in Ohio over weekend
Seven people died on Ohio streets and highways over the weekend, down from ten the previous week and far fewer than the eighteen killed two weeks ago. Police reported the weekend fatalities across multiple counties with no single cause identified.
MENTIONED IN THIS ARTICLE
Ohio
Townsend Says He Knows Of No Maggie Marry Decision
Captain Townsend stated no knowledge Princess Margaret has decided to marry him. The RAF officer said the claim of exile and marriage plans was not his and he has not been told of any such decision.
MENTIONED IN THIS ARTICLE
Townsend
Sydney
Australia
Sun- Herald
RAF
Eas
Alfred Blunt
Bradford
Elizabeth Ian
Vention
Church of England
Temather
Parvey
Brussels
Britain
Edward
Duke of Windsor
Edward VIII
Wallis W Arainst
Urg-Field Simpson
Margaret
Man Holds Passengers at Newark Airport Mock Gun Threat
A middle aged man claiming to be a former hero policeman held 30 passengers in terror on a Newark to Philadelphia flight corridor, brandishing a wood piece he portrayed as a gun until the plane landed at Newark Airport. He surrendered to police who had surrounded the Eastern Air Lines DCA.
MENTIONED IN THIS ARTICLE
Newark
N. J
Newark Airport
Eastern Air Lines
DCA
Panties Hanging Front Yards Provokes Litherland Council Drama
LITHERLAND England council orders housewives to stop hanging panties in front yards facing the main road or relocate. Councilor W Lloyd cites embarrassment over items seen from the street. In Cincinnati theater news, a theater cashier was robbed of $129.90 last night at Keith's box office downtown.
MENTIONED IN THIS ARTICLE
Litherland
England
W. Lloyd
Cincinnati
Keith
Forest fires burn in Florida and Georgia as rains sought
The North Florida blaze spreads across about 70 000 acres while a South Georgia fire nears containment. Firefighters plan artificial rain if possible, with 17000 acres of timber burned and winds hindering efforts. Georgia Forestry officials report lines held and a change in wind improved control.
MENTIONED IN THIS ARTICLE
Waycross
Florida
South Georgia
Guyton DeLoach
Georgia Forestry Commission
Forestry Department
United Nations
Henry Cabot Sage, Jr
United States
Tiny
Igrina
London
James J . Wadeworth
U. S
Soviet Union
Solons Clash Over Formosa Policy And Red China Fuel Ship
Senator Jackson urged Congress to stop advising the President on Formosa matters and defer to his judgment on halting a Finnish tanker delivering jet fuel to Communist China. Senator Knowland proposed intercepting the tanker by the Seventh Fleet if necessary, while Senator Mansfield warned many members talk too much on foreign policy. Senator Mossbur? Mansfield. (Note: OCR fragment omits several names and presents unclear text in places.)
MENTIONED IN THIS ARTICLE
Washington
Jackson
D - Wash
Congress
Eisenhower
Formosa
China
Knowland
Califorenia
Tth
Romania
Geert D
Mansfield
D-Mont
Trias
McClellan
Senate Investigations Subcommittee
Red
Wisconsin fair mirrors Ohio pullout of farm show exhibits
Wisconsin State Fair officials report a repeat of Ohio's 1994 withdrawal of farm machinery exhibitors. State fair director Sam C. Cashman says the pullout has created a dark picture for fair planning and event attractions.
MENTIONED IN THIS ARTICLE
Masterson
Ohio
Wisconsin
Ohio Air
Sam C. Cashman
House Ope Tax Hea COLUMBUS Hearing on Union Truck Tax
A Columbus house committee begins hearings on proposals to change unions axle tax on big trucks. Another hearing will consider banning political contributions by labor unions. A second hearing pursues a 10 day quail hunting season. A Wednesday hearing will cover private insurers writing workers compensation policies.
MENTIONED IN THIS ARTICLE
Columbus
Rouse
Unio
House Conservation Group
House Insurance Committee
GM Workers Press for Guaranteed Annual Wage Talks
UAW officials meet GM executives to push for a guaranteed annual wage for about 600,000 workers across GM Ford and Chrysler. The contract expires May 20 and a strike threat looms if demands are not met.
MENTIONED IN THIS ARTICLE
CIO
United Auto Workers
General Motors Corp
UAW
GAW
Ford
Chrysler
General Motors
Columbus water expert David C. Warner dies at 82
David C. Warner, known as the father of Ohio water conservation, died today at University Hospital after a long illness. He had spent nearly seven decades in conservation work and Ohio lawmakers had just approved 5400 for past services. Also in brief, King Tribhuvana of Nepal, 49, ruler of nine million, died today in Zurich.
MENTIONED IN THIS ARTICLE
Columbus
Warner
Ohio Water Conservation
University Hospital
Ohio Leglature
Ohio
David C . Warner
Zurich
Switzerland
Tribhuvana
Nepal
India
Tibet
To¢ Tay
Bell Telephone Strike Hits Southeastern States
About 90,000 Southern Bell Telephone Company workers walked out after union and management failed to reach a contract agreement. The strike affects operations across the Southeastern states and began today.
MENTIONED IN THIS ARTICLE
Atlanta
Southern Bell Telephone Co
Southeastern State
Ito
Republicans Say Nation's Economy Has Healthy Vitality
Republicans Watkins and Goldwater claim the economy shows healthy vitality countering Democratic recession claims. They publish separate views to a Senate Economic Committee report noting uneven gains and pockets of serious economic straits while agreeing overall improvement.
MENTIONED IN THIS ARTICLE
Watkins
Utah
Goldwater
ReAria
Senate
House
Asi
Douglas
Sparke
Alabama
O'Mahoney
Wyoming
Patman
Texas
Bolling
Soul
Mills
Arkansas
Kele
Pennsylvania
Des Seven Committee
Also Mentioned on This Page
Imunism
Preparea Verations Administration
Athens Bulldogs
Bulldogs
Portsmouth Trojans
Athens
Roger MeInturf
Ron Williams
Joe South
Jim Rutkoskie
Wen Wade
Jerry Kyle
George Riser
Ray Foreman
Jim Lee
Larry Russell
Larry Snyder
Ron Grogan
Larry Bishop
Tom Widdoes
Charles McAfee
Messenger Sportsphoto
News Index
Page Au
Chauncey Ou
Gallipolis Ae Glouster
Nelsonvill Point
Pleasant Pomeroy
Middi
Blaze
Porida
Ty Dian
Jawaharlal Nehru
Nagpure
Nehru
Solons
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!