Treasury Offers Higher Bond Rate for One Year
The Treasury will pay up to two percent interest on one year money marking the first such rate in over two decades. Certificates totaling $2.416 billion in two series of 11 month issues with 1.875 percent coupons were sold to holders, due August 15 and September 1 respectively. The rise is linked to the Fed's neutrality policy to keep money tight and curb inflation.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Federal Reserve
Training Course For Objectors Opens Next Week
GRAND LEDGE Mich A two week military training course for draft age men who oppose fighting will start next Wednesday The 300 participants from 48 states will be taught to serve in the Army Medical Corps rather than fire arms The program run by the Seventh Day Adventist Church has Army approval and aims to train conscientious objectors to act as unarmed medical corps personnel in combat zones The course is modeled on the Army basic training but excludes theManual of arms.
MENTIONED IN THIS ARTICLE
Grand Ledge
Mich
Army Medical Corps
Seventh Day Adventist Church
Army
Drive In Postoffice Serves Leaf River Village
Leaf River Illinois with 415 residents operates a drive in postoffice judged unique in the nation by Postmaster Iona Blair. She credits husband Ralph Blair for designing and building the structure in three months. As third class, the post office required no government construction aid. Customers drive to the window for mail, stamps and standard services.
MENTIONED IN THIS ARTICLE
Leaf River, Ill
Iona M. Blair
Ralph Blair
Leaf River
Blair
Winds at High Altitude Have Minimal Effect on Descent
A report notes winds reach 1000 miles per hour up to 100 miles above Earth yet the thin air means objects rising there face little air resistance. The phenomenon is explained by atmospheric density and aerodynamic limitations at extreme altitudes.
Truman appoints fourteen to new Wage Stabilization Board
President Truman names fourteen members to a new Wage Stabilization Board with four additional appointments to come. The board, replacing the disbanded old panel, lacks power to intervene in nationwide labor disputes and will issue wage rules only after clearance by the Economic Stabilization Agency led by Roger L. Putnam.
MENTIONED IN THIS ARTICLE
Washington
Truman
Nathan Feinsinger
Congress
Archibald Cox
Harvard
Harold L. Enarson
Stanford University
Defense Mobilizer
John R. Steelman
Labor
Senate
Economic Stabilization Agency
Roger L. Putnam
Revival at Evergreen and Mt Nebo Churches
Revival operations continue at Evergreen Methodist with Rev. Albert Jones preaching this week and Bible School led by Miss Leonie Roth Fuss of Austinville. Mt Nebo hosts services starting August 3 with Rev. George Ricker as evangelist and twice daily meetings.
MENTIONED IN THIS ARTICLE
Evergreen Methodist Church
Albert Jones
Cullman
Leonie Rothfuss
Austinville
Herman Owen
McKendree
Mt. Nebo
George Ricker
Austinville Baptist Church
Rutie Nell
Hugh Lassiter
Birmingham
Walter Speegle
Price Bryant
Kay
Karen
J. W. Anders
Cedar Plains Christian Church
Paul Walker
J. T. Beale
Christian Churches
Roy Collins
Sheffield
Ray Buckelew
Joe
Collins
Reelfoot Lake
Tennessee
Horace Lee Kirkpatrick
Donald Lee
Cornelia Ann
Howell Hogan
Dewey Hogan
Ann Carol
Cole Springs
June Morris
Shirley Cooper
Ann Carol Hogan
Sue Morris
Nina Dale
Willie Joe Summerford
June
Robert Bailey
Jefferson-Hillman Hospital
Woodfin Hardwick
Wiley
Georgia
Farmer Profits From Water Over Oil Wells in Texas
In OLD GLORY Texas farmer Carl Hunt earns more from selling water than from eleven oil wells on his farm. Water from a single spring-fed tank serves oil companies drilling locally and in Stonewall County with pumps and two inch lines provided by the companies. Profits reportedly cover his whole farm, with no details on the amount.
MENTIONED IN THIS ARTICLE
Old Glory
Tex
Carl Hunt
Stonewall County
Hunt
West Texas
Egyptian Nobles Lose Titles By Premier Edict
Cairo dispatch reports Egypt’s reform cabinet under Premier Aly Maher abolishes bey and pasha titles. General Mohamed Naguib and Maher himself lose their royal ranks, stripping the nobility of prestige without salaries.
MENTIONED IN THIS ARTICLE
Cairo
Grandfather of Local Woman Dies in Lafayette
Mrs. Joe Joseph reports the death of her grandfather Racheed Saloom of Lafayette Louisiana. Funeral arrangements will be announced later. Also note Pizarro shod his horses with silver shoes to conquer Peru.
MENTIONED IN THIS ARTICLE
Joe Joseph
Racheed Saloom
Lafayette
Pizarro
Peru
Car Recovered But Parts Are Missing
Pittsburgh police informed Barbara Ford her stolen car had been found She claimed it but saw that the motor transmission clutch drive shaft radiator wheels brakes battery tail lights tools and lighter were gone The note ends with a stray sentence about Levulese sugars.
MENTIONED IN THIS ARTICLE
Pittsburgh
Barbara W. Ford
Miss Ford
Runge Rites Set For Friday
Final rites for Palmer A. Runge 70 Falkville will be Friday at 2 PM from the Gandy Cove church with Rev. James Palmer officiating. Interment in Union Hill cemetery. Runge died Wednesday night at Decatur General hospital after a yearlong illness. Survivors: wife Bessie Runge Falkville two daughters Mrs EF W Aldridge Falkville and Mrs C M Reed Siluria Alabama and brother Charner Runge Lacon.
MENTIONED IN THIS ARTICLE
Palmer A. Runge
Falrville
Gandy Cove
James Palmer
Union Hill
Runge
Decatur General Hospital
Bessie Runge
Falkville
EF. Ww
Aldridge
C. M. Reed
Siluria
Alabama
Charner Runge
Lacon
Morgan County Oak Ridge Notes From Church Meeting
The Woman's Society of Christian Service held its regular meeting at the church with programs including Devotional by Joyce Teague and talks by several members on topics such as God's View of Presidential Elections and Our Guardian. Attendance plans were made for a zone meeting at Mosses Chapel on August 7. Nearby social updates mention ice-cream at the Morris home, visits from Michigan, revival attendance, a 77th birthday dinner for D. D. Lake, and trips to California by Grady Chasteen and Alice West family news and other local greetings.
MENTIONED IN THIS ARTICLE
Woman's Society of Christian Service
Joyce Teague
James West
Floyd Stephenson
Millard Morris
Oren Cooper
Irene Sparkman
Kyle Kirby
Jean Downs
Mosses Chapel
L. J. Sandlin
Robert McCloskey
E. H. Downs
Flossie—Downs
Michigan
A.#. Downs
Margaret Powell
iss—Ja3ne
Maroline Hanson
Hugh Townson
Grady Chasteen
Alice West
California
Leonard Carter
Pruitt West
Madgie Teague
Buford
Furlough Claim Sparks Grand Jury Probe
Arkansas inmate Tuck Bidsop claims to have bought a 90 day furlough while serving life for killing four men. He was in a Salt Lake City prison when he allegedly killed two miners in Ophir Utah prompting a grand jury investigation.
MENTIONED IN THIS ARTICLE
Tuck Bidsop
Salt Lake City
Utah
Arkansas
Ophir
Boy Imprisoned in Icebox Rescue in Memphis Home
Five year old Louis Paul Jr. crawled into an empty icebox in a vacant house next door with his cat Maud as passenger. The box became nearly airtight and he passed out from lack of air before his mother freed him and a physician said he would recover.
MENTIONED IN THIS ARTICLE
Memphis
Louis Paul Jr
Louis
Maud
Also Mentioned on This Page
Morris Jewelers
2Nd Ave. S. E
Japan
Melvin W. Key
Bud Key of
Moulton
31St Fighter Escort Wing
WSB
ELKS
Decatur Elks Lodge
Grand Lodge
New York City
W. L. Chenault
Carter Dobbs
New York
Decatur Elks
Morgan County Crippled Children’s Society
Decatur Baseball Association
Troop
Boy Scouts of America
Elks Nation‘’] Foundation
American Red Cross
Morgan County Tuberculosis Association
Massey
Mrs Dewey Hogan
South America
French Guiana
France
Philadelphia
U. S
Detroit
Fisk
Decatur
Johnston St
Service
Levulese
Morgan County
Oak Ridge
Olen Cooper
W. R. Rush
George BE. Rush
Exec
John Murray
Aubrey Carmack
Aerren
Board OF Directors
Melvin Hutson
Mutual Savings Life Insurance Co
Par Value Loan Company
Parker Osmeht
Melton, Allen & Williams
B. Clayton, Sr
Knight Electric Company
N. E. Ware
N. E. Ware Hauling & Contract
George FE. Bush
Par Value Loan Co
Walker Mattison
National Union Life Insurance Co
A. J. Stabler
Frank Chambers
Frank Chambers Engraving Co
Collins Produce Company
J. B. Herron
Hendrix-Brooks Furniture Company
Montgomery
Sidney W. Smyer
Cor. Bank & Vine
4Th Ave
21St St
North
Ala
Decatur - Bessemer
Tuscaloosa
Tuskegee
State
Boy
Belk
Buster Brown
Shortie
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