Treasury, Fed Board settle feud on higher interest payments
Washington reports that the treasury and the federal reserve board reached a settlement over refinancing rates for government securities. The treasury offered 1% five notes in exchange for about $8.003 billion maturing December 15 and January 1, higher than the last issue. The accord signals a shift toward higher rates to curb inflation, with both agencies agreeing that raising yields can temper borrowing, while easing refinancing pressure on shorter-term notes.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Federal Reserve Board
Reserve Board
Snyder
Two Democrats name Mahoney successor for Senate leader
Northern Democrats Gillette of Town and Hunt of Wyoming back Senator O Mahoney for Senate majority leader amid chatter on 1952 presidential race. Lucas of Illinois declines, O Mahoney vacationing in Florida not commenting. Southern and some western senators back McFarland for the post as debates over civil rights and party program play out.
MENTIONED IN THIS ARTICLE
Thers
Hunt
Wyoming
Honey
O'Mahoney
Washington
Gillette
Town
Mahoney
D.ro
Senate
Congress
Scott
Lucas
Ilinois
McFarland
Aris
United
Fatal shooting after rifle left in car with two boys
In Seattle on Thanksgiving eve a parent’s rifle in the family car killed 6 year old Michael Gates and left two boys alone as parents shopped. Joseph Gates described the gun going off after warning Michael to return to the car. Michael died eight hours later at King County Hospital. Police said the rifle and two shells were kept on the rear shelf and in the glove box.
MENTIONED IN THIS ARTICLE
Seattle
APA
Michael Gates
Joseph
Michael
King
Joseph B. Gates
Also Mentioned on This Page
Treasury and
Clay Blaze
Los Angeles
Bills
Barnfie Clay Products Co
Yester
Meredith Hall Hawk
Salvo
Les N. Hamlin
Hugo Wild
Forbidden Gun
Seg Plar
Arcadia
Calif
Cope
Zims
Sheddar
Massachusets
Plymouth
Masrea Tecroicans Sexvice Convexence
Detroit
Michigan
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!