Wall Street Drops Fractionally on Fed Move
New York stocks eased after a mild market reaction to the Federal Reserve Board lifting the San Francisco discount rate from 1 1/2 to 2 percent. Major groups drifted lower while a few issues edged ahead. Du Pont and American Telephone posted notable declines.
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Federal Reserve Board
San Francisco
du Pont
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Jones & Laughlin
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Goodyear
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Raytheon
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Merck
Anaconda
American Motors
Union Is
California
Schering, Lorillard
International Nickel
Public Sale Listed in Lawrence after Death of Towil
Public Auction announced for a large inland residence contents on Tuesday August 19 at 1 p.m. at 15 Mast 1th Street Lawrencr. Items include furniture such as mohair wing chairs, Axminster rugs, dining room set, chairs, beds with mattresses, dressers, lamp tables, kitchen cabinet, stove, washing machine, blankets, bedding, and miscellaneous household goods. Auctioneers Cowner 0. G. Skilex and ally, clerk. Clipped notice from Lawrence Daily Journal-World August 14, 1958.
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Speculation Mounts As House Farm Bill Nears Its First Test
Washington reports mounting speculation as the House farm bill nears its first Senate test. Senator Ellender of Louisiana signals willingness to accept the House measure and send it to the White House. The committee prepares to meet in closed session after the House passed the bill. Both bills align with Secretary Benson’s push for lower price supports and fewer government controls.
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