UT Regents OK Purchase Of Bond and Stocks
The University of Texas Board of Regents approved investment of one million dollars in corporate bonds and 3,468,318 in common stock from the permanent university fund. The plan, enabled by a constitutional amendment, allows up to 50 percent in corporate securities and real estate mortgage notes guaranteed by the federal government.
MENTIONED IN THIS ARTICLE
Austin
University of Texas Board of Regents
Permanent University Fund
Permanent Fund
Regents
Red China Reports Industrial Boom and Military Budget
In a 1956 budget briefing Li Hsien-nien announced China’s industrial output more than doubled since 1949 and a 1957 defense budget of about 2.32 billion dollars. Overall state expenditures rose while revenue also grew, leaving a deficit of around 769 million dollars for the year.
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Tokyo
China
Li Hsien-nien
National Peoples Congress
Red China
New China News Agency
Rains To Push Work Force Up In Texas
The Texas Employment Commission forecast in its May labor market survey that rain will boost the state's workforce to three million by October. It noted crop switching, construction delays, and stalled retail trade reduced jobs, but April showed a slight rise in employment and farm work rose by 149000, mainly in East Texas cotton fields.
MENTIONED IN THIS ARTICLE
Austin
Texas Employment Commission
East Texas
Texas Construction Exceeds Half Billion
Texas construction awards for the first half of 1957 topped one half billion dollars, per The Texas Contractor. June awards reached 97,386,600, with 46,606,870 for engineering, 27,235,770 for non-residential and 13,543,960 for residential work, while April and May fell due to tight credit and heavy rainfall.
MENTIONED IN THIS ARTICLE
Dallas
Texas
Asian influenza sweeps Pacific region details tolls
The report traces a flu outbreak affecting 2.5 million in the Asia Pacific area with common symptoms such as runny noses and headaches. Formosa, Hong Kong, Indonesia, Thailand, Singapore, Manala and the Philippines reported cases, with the Philippines suffering the highest burden: 919,957 cases and 2,249 deaths in five weeks ending June 15.
MENTIONED IN THIS ARTICLE
Pacific
Formosa
Hong Kong
Indonesia
Thailand
Singapore
Manala
Philippines
Dutch New Guinea
Health Department
Jacinto Dizon
Fred Story Opens Purina Store Saturday Open House
Fred Story and wife host an open house at the Childress Farm Store 1611 Avenue F Northwest from 12 30 to 5 PM Saturday July 6. The event showcases Purina products with prizes including a hanging feeder fly sprays insect bombs and more. Story invites farmers ranchers poultrymen stockmen and animal owners to tour the new three building plant and register for prizes beginning at 5 PM.
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Childress
Childress Farm
Avenue F
Fred Story
Story
Purina
West German Reserve on Open Skies Plan in Closed NATO Talks
A three hour closed meeting heard West German representatives express reservations about the Open Skies proposal. NATO sources said the hesitation centered on fears the inspection plan could solidify the current demarcation line and hinder eventual German reunification.
MENTIONED IN THIS ARTICLE
NATO
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Quartz Mountain Lodge
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Looogee
Blair
Lore Wolf
Harold Rose JR
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Childress Farm Store
Fred A. Story
Farming For Profit