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Newspaper
Linton Daily Citizen
Location
Linton, Indiana, United States of America
Date
Jun 05, 1959
Page
3
The Federal Reserve Board approved increases in the discount rate from 3 to 3 1/2 percent at five reserve banks including New York. The move, following a 10 day boost in the prime rate, is seen as a signal of credit managers’ inflation concerns.
Baseball standings show Milwaukee leading the National League with 30 wins and 18 losses followed by San Francisco 28 21 Pittsburgh 27 22 and Los Angeles 26 25. Thursday results include Pittsburgh 9 St Louis 3 and Milwaukee 11 Chicago 3 with other scores noted and several games listed as night.
The Linton Iron and Metal beat Citizens Bank 12 to 9 in a diamond game at High School Park. Reynolds Rangers beat Moehlmann Marauders 27 to 23 in a Minor League contest. Upcoming games include American Legion vs Elks at 7 30 p m and Citizens Bank vs Peoples Trust at 5 30 p m on Thursday and Elks vs GE club on Monday night.
Orlando Cepeda slugged two homers a double and a single driving in seven as the Giants defeated the Milwaukee Braves 11-5. His two run homer in the fourth narrowed the deficit and a three run blast in the fifth put San Francisco in front. Cepeda later doubled with the bases loaded for two more runs.
CBS will televise the Stengelmen against the Indians on Saturday and Sunday with NBC presenting the Braves and Dodgers in weekend action. The report notes wind banners affecting night games at Conneback Stadium and cites crowds at a May 24 double header in Cleveland, along with various notes on players and teams.
A long list of guests and travelers visits Newberry and area families this weekend. Detours include Detroit Bloomington Emison Indianapolis and Petersburg. locals host relatives and friends from Lyons Bloomfield Martinsville and Terre Haute. The batch mentions new baby Tracy Mottern and a few illness and travel updates.
Dick Tiger of Nigeria makes his American debut in a 10 round televised bout against Rory Calhoun of White Plains at Madison Square Garden. Calhoun enters as the favorite at 8-5 due to aggressiveness and punches, reflecting New York's wary stance toward new foreign fighters.
Phi Beta Kappa, the oldest American collegiate Greek letter society, traces its founding to William and Mary College on December 5, 1776. The organization grew from a literary group into a national honor society recognizing scholarly achievement.
The Lucky Stars 4 H club at Carolyn Duncan home with Carol McCoy presiding held a meeting. Sandra Beasley was named news reporter and Jeaneane Swaby health leader replacing resignations. Lads and Lassies at Pleasantville high school distributed record books and announced a future ceremony with Gale Asrey Roy Johnson Evelyn Bishop and Deloris Harrington in charge. The Little Maidens of Linton formed a committee to consider a Fourth of July parade float with Candy Thomas Carolyn Fordyce Lana Duncan in charge and Cherri Seever elected secretary to fill a vacancy. Future meetings set for June 16 June 30 and July 14 at the high school.
An abandoned Air Force plant in Alexandria Indiana sold by the government for 340000 to an Anderson group led by John H Burton Jr Richard S Howe and Glazer Bros subject to Justice Department approval The sale follows local efforts to persuade Washington to reuse the site which once harmed Alexandria's economy and payroll prospects.
The Common Council of Linton Indiana will accept bids until 10:00 AM June 19 1959 for seal coat road oil in multiple quantities M and R C No 3 types with asphalt and required spreader box ten ton roller and operator. Bids on forms obtainable from the Clerk Treasurer must include a bond or certified check at least 10 percent of the bid. Council reserves right to reject all bids. City seal and Clerk Treasurer James H Usrey date June 4 1959.
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