Administration to seek record debt limit increase
The Kennedy administration plans to ask Congress to raise the national debt limit to about 315 billion dollars to cover expected red ink through the next fiscal year end. Treasury officials note improved tax revenues but warn the debt will rise as the government borrows to cover bills. The House Ways and Means committee will begin hearings on the request next week amid partisan debate.
MENTIONED IN THIS ARTICLE
Kennedy
Congress
Treasury
Douglas Dillon
House
Ways & Means Committee
Personal Income In June Shows Big Increase
United States personal income rose to a record annual rate of 482 billion dollars in June, up 2 billion from May. Wage gains added 1.2 billion, with the rest from higher corporate dividends, the Commerce Department said. Feathers stone tea salt animal teeth and bread were cited as primitive money by the Chase Manhattan Bank Money Museum.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Commerce Department
Chase Manhattan Bank Money Museum
Alaska Highway Opens Narrow Path Through Alaska
A long distance highway measured at 1523 miles from Dawson Creek in British Columbia to Fairbanks Alaska exposes only 290 miles of pavement inside Alaska. The line of travel illustrates the sparse road network across the state's interior.
MENTIONED IN THIS ARTICLE
Alaska
Dawson Creek
B. C
Fairbanks
Philippines Vice President Pelaez resigns as Foreign Secretary
Vice President Emmanuel Pelaez resigns from the foreign secretary post amid allegations he denounced as contemptible and said he could not continue after doubt was cast on his integrity. He denies links to Harry Stonehill while noting the resignation does not affect his elective office.
MENTIONED IN THIS ARTICLE
Emmanuel Pelaez
Philippines
Manila
Harry
Stonehill
Pelaez
Justice
Salvador Marino
UPL Telephoto
New York Stock Exchange approves Del E Webb listing
Del E Webb Corporation of Phoenix and Los Angeles gains NYSE listing approval. Trading set to begin Monday Aug 19. Led by President L. Jacobson and Chairman Del E Webb, the firm builds Sun City communities and develops Clear Lake City with Humble Oil, and serves as general contractor for the United States Pavilion at the New York World's Fair. The firm meets exchange requirements as about 50 companies yearly join the exchange, joining over 1,150 listed firms valued at about $581 billion. The article notes Los Angeles area leads in hotels and tourist facilities.
MENTIONED IN THIS ARTICLE
New York
del E. Webb Corporation
Phoenix
Los Angeles
New York Stock Exchange
Webb Corporation
L. ©. Jacobson
del FE. Webb
Dan Toppus
New York Yankees
Sun City
Florida
Arizona
California
Clear Lake City
Humble Oil) Company
NASA
Manned Space Laboratory
Houston
Tex
United States
New York Exchange
Webb
Vast Exhibition Showcases 75000 Money Specimens
The Chase-Manhattan Museum of Monies of the World in New York City displays more than 75,000 currency specimens from around the globe. Visitors can view historic coins banknotes and paper money spanning eras and regions.
MENTIONED IN THIS ARTICLE
Chase-Manhattan Museum of Monies of the World
New York City
Contraband Whisky Traffic Plagues Nuevo Laredo Frontier
Mexican officials report tremendous contraband along the U S Mexico frontier with heavy traffic in the Nuevo Laredo sector. Mexicans cross into Texas several times daily returning with three bottles of whisky tax free. Customs says over 5000 bottles enter Nuevo Laredo each month. Transporters serve a ready market on the Mexican side of the Rio Grande for U S whisky. Scientists study solar eclipse effects on mosquitoes.
MENTIONED IN THIS ARTICLE
Nuevo Laredo
Texas
Rio Grande
U. S
Curtailment of Jet Sales to Three Airlines
Long Beach officials urged President Kennedy to curb purchases of British BAC 111 and Concorde jets by Braniff Airways and Mohawk Airlines. They warned such abroad purchases could drain the U S gold reserve by about 85 million dollars and hurt the U S economy and defense.
MENTIONED IN THIS ARTICLE
Long Beach
Calif
API
U. S
Kennedy
Edwin Wade
Chamber of Commerce
Orville W. Cole
U.S
American Airlines
Braniff Airways
Mohawk Airlines
Douglas Aircraft Corp
Also Mentioned on This Page
Solons
America
Okay Webb
Dow-Jones
Air Pedue She Libby
MCN
Am Allied Civar” Lockh
Aire
ABS Allied
Sirs
Sor Macy RH
Alum Ltd
MGM
Alcoa Alum
Minn
M&m
Ss Am Air
Ginadie Monsan
Mont Ward
Caen
Nat Coane
Rexall
Reyn
Conti
Esienfield
Safeway
Curtiss Wr Die Sears Roeb Ae Deere Co
Sheil Oil Co
Sinclairc
Doug Airc Eye Dow
Socony Mbi DuPont Co
East Air Lk
Pacific
Sperry
el Paso
Brand
Ford
Stend
Stude
Elec Swift Co
Tenn Gas
Gen Motors
Texaco Inc
Tacéilade
Texas Tast
Thiokol Cha Gewat
Goodrich
Goodyear
Greyhound
Gulf
Homestake
Airett
Jonns
Jones & i
Westy Elec
Nevada
Bonanze Air Lines
E. Webb
First Western
Mexico
The
Ask
Las Vegas
Costello, Russotto
South Third
SITRI
Vanaa
Donald Clark
Axsecutive
Walter Petersen
Sunset Industries, Inc
White Lighting Co
Device Seals, Inc
Lou Kornhandelier, Inc
Tabach Industries, Inc
Sunset Industries
West
Las Egos
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!