Government boosts savings bond rates to 4 percent ceiling
Congress approved a compromise bill raising interest on series E and H government savings bonds to a 4 percent ceiling from 3.26 percent. The measure also lets the Treasury encourage early trading of long-term marketable bonds for higher yielding issues. The move aims to ease financing pressures amid a tight money market, though Democrats warn it could lift borrowing costs nationwide.
MENTIONED IN THIS ARTICLE
Washington
Congress
Treasury
Senate
House
Secretary of the Treasury
Robert B. Anderson
Eisenhower
Anderson
Ex Marine Shot After Klan Sticker Row
In Montgomery a suspect, James B. Peek Jr., 22, shot William C. Horton, 38, a power company line supervisor, after Horton allegedly pulled a gun following an argument over Ku Klux Klan stickers on a restaurant door. Detectives said Horton arranged a predawn meeting at a suburban shopping center. the shooting occurred about 1:30 a.m. Saturday.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
William C. Horton
Power Company
James B. Peek Jr
Oo Orton
Duncanville
G. L. Arnette
E. L. Wright
Peek
Horton
KKK
Peck
Larkins Attacks Butler Plan for Voting at Convention
North Carolina Democratic National Committeeman John Larkins condemned Paul Butler’s plan to modify convention voting. The proposal would award three votes per senator and adjust House and ex-officio delegate votes, expanding North Carolina to 37 votes and ending the bonus vote system. Butler will present the proposal at the national committee meeting.
MENTIONED IN THIS ARTICLE
North Carolina
Butler
National Committee
Larkin
Khrushchev's US Visit Seen Through American Lens
AP analyst William L. Ryan surveys Nikita Khrushchev's view of the United States. Khrushchev portrays Americans as unequal and capitalist systems as exploitative, while threatening a political and economic showdown. He minimizes direct attacks on Eisenhower yet accuses leaders of meddling and stoking Cold War tensions.
MENTIONED IN THIS ARTICLE
Nikita Khrushchev
United States
William L.ryan
Nikita Sergeyevich Khrushchev
Khrushshchev
Khrushchev
Eisenhower
Europe
Hin
Sandeiteks
Khrushchev Faces Busy New York Tour This Week
Khrushchev arrives by train at Pennsylvania Station at 12 05 p m Thursday and keeps a tight schedule through Saturday including a United Nations address a meeting with Governor Rockefeller a Waldorf dinner and a two hour motor tour of points of interest in New York City The visit aims to offer cordial reception but no ticker tape parade as security concerns loom and a Hungarian refugee group pledges restraint during the trip
MENTIONED IN THIS ARTICLE
New York
Khrushchev
Broadway
Beatrix
The
Netherlands
Pennsylvania Station
Idlewild
Economic Club of
New
General Assembly of the
United Nations
Nelson A. Rockefeller
New York City
Dag Hammarskjold
West Coast
Thomasville Native to Be Ordained at St Andrews Greensboro
Thomasville native and Thomasville High School alum earns Bachelor of Theological Seminary in New York City and Bachelor of Sacred Theology. He served in the Army as specialist 3rd class and held church roles at UNC Chapel. After seminary graduation he will be ordained at St Andrews Church in Greensboro on June 15.
MENTIONED IN THIS ARTICLE
Thomasville High School
New York City
Hethcock
University of North Carolina
Junio
Chapel of the Cross
Canterbury Club
Episcopal Church
St. Andrews’s Church
Greensboro
Teen-Ager Slashed In Gang Fight On Lower East Side
An 18 year old, Boris Bokitko, was slashed across the back in a street brawl in Manhattan’s lower East Side involving 20 to 30 youths. Three boys and three 17 year old girls were arrested on felonious and simple assault charges, all six described as Puerto Ricans.
MENTIONED IN THIS ARTICLE
NEW York
Lower East Side
Boris
Frenchy) Bokitko
Hospital Medicos
Bokitko
Brooklyn
Staten Island
Civil War Packet Details Fact Booklets
The Civil War Centennial Commission plans to distribute a pocket size booklet titled Facts About the Civil War. The 50 page guide lists troop numbers losses guns and ammunition while omitting narrative accounts. It will be sent to libraries Congress members Civil War groups and other interested readers.
MENTIONED IN THIS ARTICLE
Washington
Congress
Steel strike negotiators hold Saturday meeting
In New York steel strike talks stalled after a Saturday session with no progress toward a settlement. About half a million workers started the walkout on July 15, while unions pressed for wage gains and benefits. The industry urged wage and benefit freezes for one year.
MENTIONED IN THIS ARTICLE
NEW York
Eisenhower
United Steelworkers of America
Pein
Meee Steel Companies
Trade flows follow Haiti US connection for key exports
Most of Haiti's trade involves cotton cacao and hardwood, with the United States receiving the bulk of these exports. The pattern highlights US demand for Caribbean goods and Haiti's reliance on a single major market for several commodities.
MENTIONED IN THIS ARTICLE
Haiti
United States
Liquor debt triggers 20 inch knife attack on Meredith Street
Ralph Dorsett, 47, was cut about 9 p m on Meredith Street amid a whisky debt dispute. Archie McBride, 31, was charged with assault with a deadly weapon and held on 500 bond for a Sept 25 Municipal Court hearing. Dorsett sustained nearly 20 inch wounds and underwent surgery at Memorial Hospital.
MENTIONED IN THIS ARTICLE
Meredith Street
Memorial Hospital
Ralph Dorsett
Meredith
Archie McBride
McBride
Dorsett
Senate Subcommittee to Probe Radio News Practices
A Senate subcommittee was formed to investigate complaints about radio and television news broadcasts. Chairman Warren G. Magnuson said the panel will ensure freedom fairness and impartiality in news coverage. Senators Gale W. McGee and Hugh Scott supported the move. rationale not explained.
MENTIONED IN THIS ARTICLE
Washington (Ap
Senate
Warren G. M
D-Wash
Commerce Committee
Gale W. McGee
D-Wyo
Hugh Scott
R-Pa
Also Mentioned on This Page
Larkins
Nikita
America
By William L. Ryan
Associated Press News
Soviet Union
Anvarnmant
Ilya Ehrenburg
U.S.S.R
Thomasville
Gulf Coast States
Utah
Nevada
Arizona
Pennsylvania
Missouri
Arkansas
California
W. T. Amaker
Winston
King
Amaker
Dairy Maid
S. Main Street
Thomas Avery Ball
Main Street
Ball
John Lee Martin
Route 5
Winston-Salem
Martin
William Sugden
Ler
Tela
Cadillac
Sulla
Highland Motors, Inc
North Main Street
High Point
N. C
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