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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 11, 1958

Page

4

Hoffa Seeks Respectability with Transportation Unity Plan

James Hoffa launches a Conference on Transportation Unity to broaden Teamsters influence. Joining him are Joseph Curran and Capt. William Bradley. The effort aims to unite about 50 unions with 18 reps each by end of August, seeking equal voting rights and no new federation. Critics doubt reform claims while observers watch for real impact.

Washington NEA James Riddle Hoffa Teamsters Union Transportation Joseph Curran National Maritime Union Afl-Cio William Bradley Independent International Longshoremen’s Assn AFL Hoffa John L. Lewis CIO Jimmy Hoffa Senate McClellan Curran Bradley Teamsters George Meany

Public Hearing on Football Field Lighting at Prairie School

A public hearing will be held July 22, 1958 at 8:00 p.m. at College Township Elementary Building Cedar Rapids Iowa. Objections to proposed contracts and specifications for football field lighting at Prairie School site in College Community School District will be heard.

Govern Township Cedar Rapids Iowa Prairiee College Community Board of College Community School District Acs of Schools College Township

Uncle Sam Steps In To Stabilize Troubled Bond Market

The U S Treasury has been buying its own recent bond issues to curb oversupply and support prices as market weakness threatens state and municipal issues. Banks and speculators dumped thinly held June 15 bonds, forcing the Treasury to retire some maturities while managing cash flow after June tax receipts boosted cash to 10 billion dollars.

NEW York Uncle Sam U.S. Treasury Treasury

Treasury bond market turmoil and buyback impact

The treasury purchased 456 million dollars of its harassed issue and retired them, bought 133 percent more for government investment funds like social security, and acquired about 5 million dollars of 314 27 year bonds issued June 3. The move, to extend debt maturity, came before income tax payments as deficits loom. Some expect further purchases if needed while others note speculators have been shaken out. The turmoil unsettled stocks and raises questions about future financing with a 10 to 11 billion dollar deficit, and Rep Patman urged Fed to curb gambling style activity. The Fed has eased support since 1951, letting the treasury lead for now.

Treasury The Sam

We Alaskans Proud Custodians of a Great Trust

E L Bartlett declares Alaska’s proud role in the American family as custodians of a great trust. Vice President Nixon reflects on changes since entering public service. Barbara Hayward, 22, of Burwell England, named queen of a cardboard box plant’s corrugated fittings in 1958.

Nixon Barbara Hayward Burwell England Gyuten

Also Mentioned on This Page

Peter Edson International Teamster U. S Teamster Conference On Transportation Unity Equal Rights Walker Hog Service Company Code of Iowa Aretek Walker E, Co Boar John J. Rens Heol J. Miller Gr.alker Io 7Owa Welker Tows Walk Priva Dpneers Owalker Hog Donnelly, Lynch Aliormeys Nell Arold J Coneany Sredtéas Aly Overhead Door CO 4Th Ave Seem Jess Fauchier Gplese County Glenn E. Selzer Sam Dawson Dawson Summer Mstrong Patman Texas Federal Reserve Board Federal Reserve Betty Hartford Galey & Lord B. C. Armstrong Armstrong Foundations Armstrong Women’s Armstrong Armstrong Sportswear Timely Gay Slim Armstrong Sport Real Armstrong Lingerie Armstrong Women’s Shoes
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