U S seeks to stem outflow of gold as price climbs
U S Treasury and business leaders search for a cure to rising gold outflow while London gold prices jump to 35.10 dollars an ounce. Analysts cite deficits in the balance of payments and fears of inflation as drivers behind the gold market moves.
MENTIONED IN THIS ARTICLE
AP Business News
New York
U.S. Treasury
London
US Treasury
U.S
Federal Reserve System
Treasury
US. Treasury
Ft. Knox
Estes Case Highlights Bureaucracy Danger Says Langen
Rep Odin Langen of Minnesota warned that the Billie Sol Estes case exposes risks in expanding government machinery. He noted secretary Freeman has tempered his earlier statements, acknowledging growing seriousness. House GOP leader Halleck commented on Andersen’s possible shift to independent candidacy in Minnesota.
MENTIONED IN THIS ARTICLE
Estes
Langen
Washington (Ap
Odin Langen
R-Minn
Billie Sol Estes
Montgomery County
House
Charles A. Halleck
Halleck
Minnesota
Andersen
Wheat surplus cut this year appears sure
Washington AP reports that a mandatory wheat reduction plus hot dry weather could trim this year's surplus by about 150 million bushels. The Agriculture Department pegs total demand at 1,210,000,000 bushels while forecast output stands at 1,057,670,000, lowering the 1962 winter and spring wheat projections for major states.
MENTIONED IN THIS ARTICLE
Washington
Pins
Agriculture Department
South Dakota
Minnesota
North Dakota
Grey heir of Zane Grey to wed former student
Loren Grey 45, assistant professor of education, obtained a license to marry Bonnie Jean Tinkley 29, both divorced, after meeting in his San Fernando Valley State College education classes. In Tokyo, two Japanese Sabre Jets collided off Ojike Peninsula, plunging into the sea. both pilots bailed out and were rescued.
MENTIONED IN THIS ARTICLE
North Hollywood
Calif
Zane Grey
San Fernando Valley State College
Loren Gray
Bonnie Jean Tinkley
Woodland Hills
Grey
Tokyo
Ojike Peninsula
Vander Woude Oil seeks bulk petroleum hauler permit
The Iowa Commerce Commission announced Vander Woude Oil Co of Sanborn applied for authority to operate as a bulk petroleum products hauler on irregular routes from Sioux City to points in Sioux Osceola O Brien and Clay counties.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Commerce Commission
Vander Woude Oil Co
Sanborn
Sioux City
Sioux
O’brien
Clay
Osceola
Vietnamese Reds broadcast turncoat claim in Saigon
Vietnamese Communists aired what they called a captive American soldier’s statement denouncing U S imperialism in South Viet Nam. The soldier was Spec 4 George S Fryett Jr 26 of California, the only missing U S serviceman among 6500 troops aiding Ngo Dinh Diem’s government against the Viet Cong.
MENTIONED IN THIS ARTICLE
U. S
South Viet Nam
George S. Fryett Jr
California
South
Viet Nam
Ngo Dinh Diem
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