Treasury Sets One Year Bond Rate Near 4 Percent
The Treasury said it will pay 4.728 percent on a two billion dollar one year issue, the highest in 38 years, determined by bids. The action followed the House Ways and Means Committee approving a plan to give Eisenhower authority to exceed the 4 percent ceiling for two years, with no direct link between the two moves.
MENTIONED IN THIS ARTICLE
Treasury
House Wars and Means
Eisenhower
House
Congress
Senate
Federal Reserve Board
Danish Picnic Boat Fire Kills Dozens in Jutland Lake
A Danish tour boat exploded and burned on Haderslev Park Lake as panicked crowds aided passengers including tourists. Fire and rescue efforts saved many. a 62 year old man helped evacuate about 15 people. No American passengers were reported among those aboard.
MENTIONED IN THIS ARTICLE
Denmark
Scandinavia
Hans Hedtoft
Greenland
Stalheim
Norway
Haderslev Park
Continues Use Of veto By Eisenhower Riles Parties
Washington reports that President Eisenhower's persistent vetoes on spending bills anger both Republicans and Democrats. Senator Barry Goldwater says the veto boosts the GOP for 1960 while Senator Mansfield notes Democrats must trim programs to fit Eisenhower’s limits. Eisenhower defends vetoes as a means to pass solvable, beneficial legislation.
MENTIONED IN THIS ARTICLE
Washington
Republic
Eisenhower
Barry Goldwater
Arizona
Mike Mansfield
Montana
Senate
House
Mansfield
Orer
Goldwater
Berlin
Harry F. Byrd
D-Va
Sen
John Sparkman
Alabama
Little Hope To Avert Steel Strike
Negotiations intensify with technical experts called to discuss complex issues such as incentive pay rates. No wage offer is announced while the top steel firms led by U S Steel fear higher costs will trigger inflation. Steelworkers earn about 3 10 an hour as Eisenhower urges indefinite talks without a strike until a new contract is reached July 14 remains the target.
MENTIONED IN THIS ARTICLE
U.S. Steel Corp
Eisenhower
Washington
Inc
Suaenal
R. Conrad Cooper
Cooper
McDonald
Richard M. Nixon
Nixon
Trusty Held in Robbery Case in Hertford
Hertford, N C A recaptured prison trusty Willie A Lane is held for questioning in the assault and robbery of Mamie Cartwright a 57 year old Perquimans County woman. Lane a Pitt County native left the Hertford State Highway Shop June 22 and was arrested in Oak City Martin County before being brought to Hertford by Sheriff J Kelly White. John B Edwards SBI agent from Elizabeth City to assist in questioning.
MENTIONED IN THIS ARTICLE
Hertford
N.C
J. Kelly White
John B. Edwards
State Bureau of Investigation
Elizabeth City
Willie A. Lane
Lane
Pitt County
Mamie, Cartwright
Perquimans County
Oak City
Martin County
White
Banker Chooses Industry Topics At Carolinas Conference
Robert P. Holding Jr. urged North Carolina to be selective yet aggressive in pursuing new industries. The Smithfield banker, also chairman of the Carolinas Bankers Conference, said Southern states compete fiercely and cautioned against inaction.
MENTIONED IN THIS ARTICLE
Chapel Hill
N.C
North Carolina
Smithfield
Robert P. Holding Jr
Holding
Carolinas Bankers Conference
Jury Receives Murder Case in Herring Slaying
Greensbo ro AP A jury prepares to deliber ate in the trial of Joseph D Herring 31 a Negro textile worker and part time taxi driver charged with killing Cpl J R Massey 44 a Negro policeman Massey was shot May 31 after issuing a traffic ticket Witnesses Foust Clark and two officers testified Herring allegedly admitted the shooting and the defense called no witnesses
MENTIONED IN THIS ARTICLE
Greensboro
Joseph D. Herring
Cpl. J. R. Massey
Herring
Arthur Foust
James Clark
Massey
Foust
E. R. Medbury
How Senators Voted on Foreign Aid Bill
Washington AP reports four Carolina senators joined 14 other Democrats in opposing the foreign aid authorization bill. The measure passed the Senate 65 to 26.
MENTIONED IN THIS ARTICLE
Washington
Carolinas
U.S
Senate
Pickup Thief Nabbed After Auto Chase Near Flagstaff
Glenn McNeese spotted a stolen pickup with an unknown man at the wheel in Flagstaff. He borrowed a friend's car and pursued the suspect for six miles, forcing the vehicle off the road. McNeese then rode with the thief to jail.
MENTIONED IN THIS ARTICLE
Flagstaff
Ariz
Glenn McNeese
McNeese
Also Mentioned on This Page
Jutland
High Point Enterprise
By Jack Bell
United States
Paul M. Butler
Butler
Paul Butler
Jay Cee
Whitewall
Mea
Cis
CHEV
FORD
PLYM
PONT
MERC
Abel
Aleta Sal Mott
Briggs & Stratton
el Credit
Ar & Home
N. Main St
High Point
W. Main St. Thomasville
Ver
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