Federal Reserve Cuts Back Rates To Ease Economy
The Federal Reserve Board reduced its discount rate in four regions paving the way for easier bank borrowing. The move signals a shift to looser money policy amid a leveling economy and holiday cash demand. The rate drops from 3.42 to 3.0 percent at Atlanta New York Richmond and St Louis with eight other banks expected to follow.
MENTIONED IN THIS ARTICLE
Federal Reserve
Washington
Federal Reserve Board
Atlanta
New York
Richmond
St. Louis
Reserve
Federal Reserve Banks
Cooler Trend in Forecast With Colder Weekend
Parity cloudy through Saturday and a cooling trend tonight with a low 40 to 45 and Saturday high near 50. In Topeka heavy overcast returns. fog and drizzle in northern central areas with a few showers later. Yesterday temperatures ranged 52 to 66 with lows 39 to 46 across multiple cities.
MENTIONED IN THIS ARTICLE
Topeka
Kansas
Weather Bureau
Chanute
Goodland
Garden City
Dodge Cry
Pittsburg
B&O Plans Elimination of Passenger Trains on Northeast Line
Baltimore and Ohio Railroad seeks permission to discontinue 14 passenger trains northeast of Baltimore on the busy Baltimore New York route. The line reportedly loses about five million dollars annually, with competition from autos and airplanes cited as factors.
MENTIONED IN THIS ARTICLE
Baltimore
Baltimore and Ohio Railroad
Baltimore-New York
B&o
Three Coffeyville Boys Held in Car Thefts
Three 14 year old Coffeyville youths tied a string of thefts totaling four cars in a few hours yesterday before authorities nabbed them in Iola. Names cited include Gary Wayne Stevens Lloyd Everett Peyton and Ronnie Dean Walker, with thefts spanning Coffeyville Independence Thayer and Chanute. The suspects were turned over to Montgomery County and sent to Independence for detention.
MENTIONED IN THIS ARTICLE
Coffeyville
Thayer
Chanute
Lola
Iola
Gary Wayne Stevens
Lloyd Everett Peyton
Ronnie Dean Walker
Montgomery County
Independence
Lee Montgomery
Montgomery
Morehead
Merle Grogan
N. Central
Wayne Angleton
Erie R. 1
Angleton
Gus Whinery
201 W. Ltd
Whinery
Grogan
Moisture Slows Some Projects
Recent rains have slowed local and area highway work but not halted projects. City and state programs report rework on gravel streets and a stalled sewer project, with negotiations ongoing and concrete work delayed on a bridge approach. A US 59 by pass appraisal is done and contract letting is planned.
MENTIONED IN THIS ARTICLE
Paschal Grimes
Allen
Plummer
Kensinger
R. J. Hayes
Hayes
Hays
Garnett
Highway Commission
Wilson County
Morehead
US 169
Erie
Missing Woman Found in Saline River
The body of 49-year-old Lucy Marie Ronne, who vanished October 13, was recovered yesterday in driftwood on the Saline River by Airman Duane Ambuel of Schilling Air Force Base. Ben Ronne of Salina identified the body.
MENTIONED IN THIS ARTICLE
Salina
Saline
Ben Ronne
Lucy Marie
Duane Ambuel
Schilling Air Force Base
Lions Club Speaker Talks CAA Operations at Tioga Hotel
Burl O'Connor, speaker and station chief of the Civil Aeronautics Administration communications center, spoke to a Lions Club meeting at the Tioga Hotel last night. Guests included four Buffalo Lions Club members and James N. Waller of Chanute.
MENTIONED IN THIS ARTICLE
Burl O'Connor
Civil Aeronautics Administration Communications Center
Lions Club
Tioga Hotel
CAA
Lions Club At Buffalo
James N. Waller
Chanute
Traffic Fatalities Reach 477 for 1957 So Far
Kansas accident records list 477 traffic fatalities year to date 1957, 2 in the last 24 hours, compared with 583 in the same period of 1956.
MENTIONED IN THIS ARTICLE
Topeka
Kansas
Girl Scouts Elect New National President
Mrs. Charles A. Culmer, president of the Chicago Girl Scout Council, was elected president of the Girl Scouts of America, succeeding the previous leader as the national head. The announcement highlights Culmer’s leadership role in guiding Girl Scouts across the nation.
MENTIONED IN THIS ARTICLE
Philadelphia
Charles A. Culmer
Chicago
Girl Scout Council
Girl Scouts of America
Parole Bid Won For Nathan Leopold
Nathan Leopold, the 1920s thrill killer, won a rehearing on his parole with the Illinois Pardon and Parole Board in a split decision. The new hearing was set for an unspecified date next February. Leopold, now 52, has served 33 years of a prison term for the 1924 murder of 14 year old Bobby Franks at Stateville Prison.
MENTIONED IN THIS ARTICLE
Springfield
Ill
Nathan Leopold
Illinois Pardon and Parole Board
Leopold
Stateville
Bobby Franks
Five Years for Brosseau in Bank Embezzlement Case
Eugene Vincent Brosseau, 36, former teller and assistant cashier of the First National Bank of Junction City, was sentenced today to five years in federal prison for embezzlement and falsification of the bank records.
MENTIONED IN THIS ARTICLE
Topeka
Eugene Vincent Brosseau
First National Bank of
Junction City
Derailment derails 26 cars near Merna Nebraska
Near Merna Nebraska twenty six cars of a Burlington freight train derailed over a wide area shortly before midnight. No injuries reported and cause under investigation.
MENTIONED IN THIS ARTICLE
Merna
Neb
Burlington Railroad
Here
Poultry Egg Jamboree Planned Here in Southeast Kansas
Planning began yesterday for a southeast Kansas poultry and egg jamboree to be hosted by Chanute on January 28. The event will feature an egg show, commercial exhibits, a chicken barbecue, and talks on poultry and egg industry issues. Tickets for the barbecue will be available to the public and the program is open to all.
MENTIONED IN THIS ARTICLE
Kansas
Chanute
Chamber of Commerce
Erie
Bill Seaton
M. E. Jackson
Kansas State College
Manhattan
Dave Bartholomew
State Board of Agriculture
Gale Mullen
Ebar Schultz
Les Matthews
Floyd Potter
Ralph Chapman
G. C. Freeby
Eric. Mahlon Morley
Freeby
Chapman
Potter
Gaping Hole In Seattle Stalls Growth After Break
Seattle engineers battle a 200 by 120 by 60 foot crater on Ravenna Boulevard caused by a main sewer break. Crews focus on relieving pressure in storm sewers and installing a bypass to divert flow while shafts are sunk toward the 85 foot deep break to halt further expansion.
MENTIONED IN THIS ARTICLE
Seattle
Ravenna Boulevard
Consent Decree Divorces Star From Radio and TV Assets
The Kansas City Star signs a consent decree in federal court to divest its radio and television properties and end bundled subscription and advertising rates. The decree requires offering morning and afternoon papers separately and allow separate sale of Times and Sunday Star, with no fixed timeframe stated. The Star and Emil Lees faced criminal monopoly convictions in 1955, and the civil case anticipated trial but concluded with the decree.
MENTIONED IN THIS ARTICLE
Kansas City
Federal District Court
Kansas City Star
Kansas City Star Co
Star
Emil Lees
Supreme Court
WDAF
Wdaf-Tv
The
Kansas City Times
Times
William Rockhill Nelson
Sunday Star
Morning Times
Olathe Man Dragged By Frightened Horse Fatal Fence Incident
Henry McGrew a 43 year old printing executive was dragged about 30 feet by a frightened horse at his cattle ranch south of Olathe Kansas. He suffered a severe upper leg cut and multiple body cuts requiring over 200 stitches and was listed in fair condition by physicians. Witnesses reported the horse tangled with an electrified barbed wire fence as he showed heifers to business associates.
MENTIONED IN THIS ARTICLE
Olathe
Kas
Henry McGrew
Here
McGrew
First Day Tomorrow Of Quail Season
Area hunters prepare for a 15 day quail season opening tomorrow with a good predicted crop. The season runs until Dec 8 with daily hours from sunrise to sunset and a bag limit of eight. Landowner permission urged and hunters urged to avoid past accidents. Notable attendees include C. E. Kaup J S Brollier and Dave Leahy visiting the area with local officials.
MENTIONED IN THIS ARTICLE
C. E. Kaup
Manhattan
Fish and Game Commission
J. S. Brollier
Hugoton
Dave Leahy
Pratt
Bud Alcock
Savenburg
Art Kyser
Swanson Parole Agent Case Faces Dismissal Question
The Civil Service Board weighs if former state parole agent Carl A B Swanson was actually dismissed after his May termination by the old State Penal Board. Swanson argues he never officially separated and asserts political motives influenced Chairman Dan Cain. The board hears testimony amid dispute over votes and record accuracy.
MENTIONED IN THIS ARTICLE
Topeka
Civil Service Board
James Lowry
Carl A. B. Swanson
Page City
Swanson
Old State Penal Board
Dan Cain
Wichita
Lowry
Robert Turney
Old Board
Cain
Dale Spiegel
Spiegel
Train Truck Collision Kills Missouri Man Near Norwich
Henry A Tanner, 32, of Peculiar Missouri, was killed when his transport truck collided with a freight train near Norwich. Engineer Lyle F Strait of Conway Springs reported he could not stop in time. Tanner, a Miami Oklahoma native, is survived by six children.
MENTIONED IN THIS ARTICLE
Norwich
Eas
Henry A Tanner
Peculiar
Here
Lyle F. Strait
Conway Springs
Tanner
Miami
Okla
Welch Named General Counsel for MKT Railroad
Dan M. Welch aged 51 was appointed general counsel of the Missouri Kansas Texas Railroad Co by President William N Deramus. The announcement was made today in St Louis.
MENTIONED IN THIS ARTICLE
ST. Louis
Dan M. Welch
Missouri - Kansas-Texas Railroad Co
William N. Deramus
Public Library Story Hour Promises Gentle Tales
Tomorrow at 10:30 a.m. the Public Library hosts a story hour featuring readings from Whoever Heard of Kangaroo Eggs and Grandfather's Eyes. Children and families are invited for an approachable storytelling session with friendly hosts.
MENTIONED IN THIS ARTICLE
Public Library
Bodies recovered from Pacific after Pan Am Stratocruiser disappearance
Navy and Coast Guard units recovered 17 bodies from the Pacific near Honolulu as searches continue for additional victims and debris from the Pan American Airways Stratocruiser. The plane carrying 44 people vanished from San Francisco to Hawaii. several victims wore life jackets and had external injuries.
MENTIONED IN THIS ARTICLE
Honolulu
Navy
Pan American Airways
Pacific
San Francisco
Hawaii
Philippine Sea
Coast Guard
Donald MacDiarmid
Speed Timer Checks Show Chanute Drivers Cautious
Police Chief Tom Morehead reports the citys new traffic speed timer measured 32 mph on West Main and 36 mph on South Santa Fe during morning and afternoon checks. The device, operated by one officer, records the highest speed and will be used for spot checks, not traps, with tickets to follow after introductory period.
MENTIONED IN THIS ARTICLE
Tom Morehead
Morehead
West Main
South Santa Fe
No Grudges Against U S in Japan
Tokyo reporter John P. Harris argues that Japan harbors little anti American sentiment twelve years after WWII. He notes economic recovery, strong exports, and aligned interests with the United States while cautioning that Sputnik era shifts and Soviet scientific prowess may push Japan to seek a new modus vivendi with Moscow.
MENTIONED IN THIS ARTICLE
John P. Harris
Tokyo
Japan
United States
Iman
Ce Ee
Also Mentioned on This Page
Carolyn Wilson
Donald Wilson
N. Garfield
Murray Hill
Ray Goff
Presley Webb
T. O. Cagle
C. H. Reynolds
Jesse Phillips
Tribune
Stener Beard
River
O’connor
Heads Girl Scouts
Brosseau
Joe
Dean Foster
Foster
Katy Names
Welch
U. S
East
Southeast Asia
USA
Ussr
Free World
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