Lower Interest Rates Trigger Shift in Financial Markets
LA.C. reports that government driven easing of money supply is expected to depress savings account yields and bond prices. Cuts in bank and building loan rates may take effect by July 1 or later, affecting municipal, county, and state bonds. Demand for loans remains muted while tax free bonds may attract buyers seeking higher net returns. The piece notes oversubscription of AT&T’s 750 million issue and flags regional differences in expectations.
MENTIONED IN THIS ARTICLE
U. S
Leam Groupe
American Telephone & Telegraph Co
Corporation
Pacific Coast
Easton States
La.c
Actor Sal Mineo Asked to Return Clothes and Wallet
BEVERLY HILLS CNS After a few autographs at a Beverly Hills club, actor Sal Mineo asked unruly fans to return his clothing and wallet. Fans took his shorts shoes socks and a sweater along with the wallet and $50. A group of fans descended on him at the Beverly Wilshire Health Club seeking autographs.
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Beverly Hills
Cns
Sal Mineo
Tost Hisay
Mineo
Beverly-Wilshire
United States
Ang
Hink
Oxia
City
Los Angeles
Las Vegas
Phoenix
Easton
Pittsburgh
Chicago
Portland
Cleveland
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Denver
St Paul
Des Moines
Salt Lake
Detroit
San Fran
Miami
Seattle
New Orleans
Thermal
New York
Wash
Network tides and stations near Bonn Germany plan update
A five unit U S Armed Forces radio network operating around Bonn Germany will provide low tides and high tides data for local areas. Tidal predictions show low tides near 2 pm and 5 61 pm with ranges from 0 8 to 3 9 feet, while high tides reach up to 24 feet for certain locations. The system also notes sunrise at 5 48 and sunset at 7 51 with the network already active in Germany and France aboard certain installations.
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Bonn
Germany
U.S
Mire Mere
France
eSee
Eisenhower flies past crash site en route to vote
President Eisenhower, on a GOP primary trip from Washington to Pennsylvania, briefly halted near the crash scene as he traveled by helicopter. He departed the White House lawn at 9 50 a m and later flew to Harrisburg before boarding the Columbine II for New York, landing after a collision near Brunswick, Maryland.
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NEW York Air
Eisenhower
Washington
Bennisylvania
White House
Barlow
Harrisburg i
New York
Columpine
Nominees Listed for Three Offices in June Primary
Candidates for office include Harold J Powers and Glenn M Anderson for governor voters hear about their backgrounds and acts. Frank M Jordan Henry P Lopez Mel J Miller run for secretary of state alongside Robert C Kirkwood Alan Cranston for controller. The piece outlines incumbents former roles and party backing with a note on county policy meetings and budget issues.
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Harold J
Butch) Powers
Eagle Ville
Glenn M. Anderson
Hawthorne
Powers
Goodwin Knight
Anderson
UCLA
California Democratic Council
AFL
Pat Brown
Frank M. Jordan
Henry P.lopez
Los Angeles
Mel J. Miller
Promsition Party
Jordan
Frank C. Jorlan
Jane
Lopez
Robert C. Kirkwood
Saratoga
Alan Cranston
Los Altos
Birkwood
Gov
Warren
State Assembly
Stanford
Harvard
U. S. Senate
Knight
H Cranston
United World Federalists
Tho County
Pflimlin Voted More Power, Gaullists Lose
Paris reports Pflimlin secured special emergency powers from the National Assembly to confront the Algerian nationalist rebellion. The military colonial bloc in Algiers continued to back the wider force opposing the Pflimlin government, signaling a split in France over North Africa policy.
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Pflimlin
Paris
Pierre Pflimlin
France
de Gaulle
National Assembly
Algeria
Mediterranean
North Africa
Assembly
Pilimlin
Soviet scientist claims control of silkworm sex in experiment
Moscow reports Prof Boris Astaurov demonstrated a method to produce male or female silkworms by merging cells. Commercially, male cocoons are valued higher, containing 20 to 30 percent more silk than female cocoons. The report ties into broader science and economic interests around sericulture and textile industries.
MENTIONED IN THIS ARTICLE
Moscow
Evening
Boris Astaurov
Tie Vote by Supervisors Kills County Pay Raise
A two to two deadlock by the Los Angeles Board of Supervisors blocks a proposed raise for county workers and city employees. The stalled decision halts plans to increase salaries by about 4.4 percent, affecting roughly 20,000 city workers and 36,000 county employees.
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Supervisors
Los Angeles
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