Money for growth colors first half of 1960 markets
Sam Dawson analyzes how money and credit shaped business, stock and bond markets, and home building in the first half of 1960. He notes a midyear truce with money not tight nor very easy, hints at improved credit in the second half yet sustained high long-term interest costs and mixed dividend trends.
MENTIONED IN THIS ARTICLE
Sam Dawson
Business
Washington
Federal Reserve Board
U. S. Treasury
Congress
Rich Getty invites 1200 for London housewarming
Paul Getty plans a June 30 Sutton Place party with 1200 guests and 40 workmen aboard. The event features underwater pool lighting, reinforced ceilings, four champagne bars, and guest travel from major cities. Estimated cost tops 28000 dollars with some payment by Capt. Ian Constable Maxwell relation.
MENTIONED IN THIS ARTICLE
London
Paul Getty
Sutton Place
Rome
Madrid
Lausanne
New York
Los Angeles
San Francisco
Paris
Church of Nazarene Membership Gains in 1950s
The Church of the Nazarene reported major growth at its 15th quadrennial assembly in Kansas City. Domestic membership rose by 86,813 to 311,300 over the decade, while the number of churches increased by 1,200 to 4,696.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Church of the Nazarene
T. S. Ludwig
Grace and Prince Attend Kelly Funeral in Philadelphia
Princess Grace and Prince Rainier of Monaco arrived in Philadelphia with staff to attend the funeral of John B. Kelly Sr. The 70 year old brick contractor, civic leader and former Olympic rower died Monday of intestinal cancer, with Rev. Francis Tucker and Phyllis Blum among the mourners.
MENTIONED IN THIS ARTICLE
Philadelphia
Grace
Prince Rainier of
Monaco
John B. Kelly
Francis Tucker
Phyllis Blum
Kelly
Mount Mauna Loa Rises to 13,680 Feet in Hawaii
Hawaii's Mauna Loa stands at 13,680 feet, confirming the colossal volcano's height. Geologists note the summit elevation reflects measured topography and ongoing volcanic activity remains monitored.
MENTIONED IN THIS ARTICLE
Mount Mauna Loa
Hawaii
Sign in Fort Wayne Window Highlights Unemployment Context
A Fort Wayne restaurant displays a provocative sign amid national unemployment concerns. The image, captured by NEA Telephoto, underscores local reaction to economic conditions.
MENTIONED IN THIS ARTICLE
Fort Wayne
Ind
Also Mentioned on This Page
By Sam Dawson
AP Business News
Money
U.S. Rt. 91
Orem
Utah
James Giwistiansen
Austin (Minn
Herald
Alexander Kaznacheyeev
West
Rangoon
Burma
Dukes
Robina Lund
Getty
Ian Constable-Maxwell
Jeannette
Daily Express
Wiliam Hickey
Alfried Krupp
Maxwell
Krupp
Uest
Church of Nazarene
Prince
Aindellic
Lifetime Porcelain Interior
Kenmore
Miracle
N. Main S$t
Austin, Minnesota
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