Fed Board Cuts Margin Requirements to Fifty Percent
New York reports that the Federal Reserve Board lowered margin requirements to 50 percent for initial stock purchases with credit, effective immediately. The move, praised by Wall Street executives and brokerage firms, will allow investors to buy more shares with the same cash portion, signaling Washington’s support for market stability.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
New York
UPS
Wall Steel
Bes
Iason
FRB
Washington
Atovk
Yor Exchange
Anl
American Stock Exchange
Marlin Gilbert
van Alstyne
Noel & Co
Wall Street
Gerald M. Loch
J . F. Hulton & Co
Obituary notices from 1860s Virginia with multiple names
Obituaries list funeral details for Paris I. Cook of 110 Bell Road died July 2 1862 with services July 4 at Binghamtown Baptist Church conducted by Rev. W B Bingham and Rev Seale Janeway. Pallbearers named. interment at Hurst Cemetery. Also notes service for Mrs Luda Hensley of Newt J Ewing Va died 1962 with July 7 service at Rose Hill Motiness Church. many pallbearers and flower bearers listed. interment at Murageny Cemetery. Neal Wilson 37 of Tazewell died Monday. survivors listed. service at Heo Creek Baptist Church with burial at Shinpbelt Cemetery. Funeral home handling arrangements.
MENTIONED IN THIS ARTICLE
Cook
Paris I. Cook
Bell Road
City
Binghamtown Baptist Church
W. B. Bingham
Seale Janeway
Joe Moyers
Barbara Thompson
Charlie Owens
Edward Owens
Elmer Maxwell
Ray Stapleton
Tom MicDonald
Hurst
Shiematte and
Hamme
ATHS
WOLA
Murganyy
Crwool Mineral Home
Neal Wilson
Tazewell
Tran
Claibarrie County
Honser Wilson
Taxowel Gaughreys
Bauiline Wilson
Gertrude Goits
Mieses Foye
Linda
Jute Wivon
Heo Creek Baptist Church
Garersieat
Prizes Announced for Middlesboro Tri-State Horse Show
The Middlesboro Junior Chamber of Commerce sponsors a two-day Tri-State Horse Show at the Civic Center July 5 with over $1,500 in prizes. A matinee at 2:30 features local Pleasure and pony classes, while the 7:30 evening program includes jumping, saddle pony divisions, and a three-gaited stakes. Entries to Dr. M. Evans, exhibits swim for free at nearby pool, proceeds aid community projects. Officials include T. Leech judge, Lon Campbell ringmaster, Alex Duncan announcer, and Dr. Martin Roberts veterinarian.
MENTIONED IN THIS ARTICLE
Middlesboro
M. Dkavans
West Cumberland Ave
Evans
Id. T. Leech
Lon C. Campbell
Alex Duncan
Cr. Martin. Roberts
Ralston Stakes Action on School Roof and Bids
The council instructed Knight to investigate patching the junior high gym roof and gymnasium painting. A bid inquiry was opened for mobile classroom units. one bid around $6000 was not sealed. The depository bond for Commercial Bank was approved at 135000 and Knight was asked to study a west playground parking area. A 20 minute executive session addressed personnel matters.
MENTIONED IN THIS ARTICLE
Knight
Commercial Bank
Kright
Middlesboro Daily News
Attendance at Middlesboro Little Theatre closing play
Attendance for the Middlesboro Little Theatre closing production No Time for Sergeants reached the second highest in years with about 1 000 at the SMA season. Treasurer Retty Mayes reports gross receipts near 487.16, about double normal. Profits expected from section tickets. annual greetng set for Saturday at the National Guard Armory. New officers and plays for 1962 63 to be chosen. season ticket holders urged to vote.
MENTIONED IN THIS ARTICLE
Middlesboro
Little Theatre
Ting
SMA
Retty Mayes
Miss. Hayes
National Guard
Claude Pennington
York released after hospital stay in Tennessee
Alvin C. York, 74, was released from a Nashville hospital and returned to his Pall Mall home. He had undergone surgery on June 29 for an enlarged prostate condition.
MENTIONED IN THIS ARTICLE
Nashville,tenn
Alvin C. York
Dranday
Pall Mall
Tenn
Yorks
Centennial tribute in Tri State area honors Civil War events
Mary Hopson led a weary but proud effort to mount a two day centennial celebration funded by wooden nickels and cooperation from the Lee County area. Daughters of the Confederacy and Daughters of the Union displayed Civil War era items while choir performances and a flower show drew visitors and praise from Col. Campbell W. Grown and Reece Culbert. The event cost under 130 dollars and may inspire another regional commemoration next year at local venues in Middllesboro and Claiborne County.
MENTIONED IN THIS ARTICLE
Tri State
Civ
Waxler Nickleg
Clayman
Mary Hopson
Hopson
Marcomunly
Lee County Unite
Daughters of the
Confederar
Evol
Ioe
Manixumers
J. C. Panny
Lincoln
Qather
Knoxville
Tri-state
Lough
Tennessee Governor Campaign Sparks Campaign Swing
Tennessee voters hear Governor Frank Clement attack opponents in a critical speech at Pikeville. Clement implies opponents P P Glyatial and William Farris press negative campaigning as mudslinging while he campaigns for a third term ahead of the August 2 Democratic primary.
MENTIONED IN THIS ARTICLE
Memphis
Ypi
William Farris
Tennessee
Farris
Coyington
Olgiati
Clement
Waverly
Okmnuli
Clament
Digiati
Pikeville
Tenn Upl
Frank Clement
Z Tie
Ogiati
Cement
Hospital Notes from Middlesboro and Four Mile Visits
Newspaper fragment lists hospital visiting hours and admissions at Middlesboro and Four Mile areas. Names include William D. Beeham Clint ing Ray Cole VarLan Hattie Cook Effie Daughtery Briceville Danny Ray Hopper Enock Lawson Thelma Napier and others. entries mix places, cities, and patient relatives.
MENTIONED IN THIS ARTICLE
Midstesporo Muenyoriad
Wiliam D. Beeham
Clinting Ray Cole
Varlan Hattie Cook
Effie Daughtery
Briceville
Danny Ray Hopper
Enoch Lawson
Heidrick
Thelma Napier
Kettle Island
Dan Salader
Seresa
Ann Staith
Smith
Irs
Henry Steal
Bluefielt
Clyde Woods, Jr
City Nismissals
Addie Lee Mosley
Parades
Merit suit ending in July possible in police merit case
Six patrolmen sued the city alleging the merit system delays promotions. Judge Knuckles will rule after city attorney answers. The suit, filed Jan 29, names Ceell Grubbs Miracle Evans Turner and others, contending the merit rules affect rank and seniority. Longevity pay began last month for five policemen, four of whom filed suit.
MENTIONED IN THIS ARTICLE
Bolt Cireed
Ely
Wiliam
Triball
Knuckles Wite
Glenn Denhart
Pittorney
Police
Men Ceell
Grubbs
Sewell Mirarlé
James Evans
Elmer Wyall
Verlin “Swompson
Iach
Imevit’board
Merit Bsard
Crayford Blakeman
Binkemniun
Shumate
Blakiain
Tommy Ghy
Miracle
Evans
Turner
Qhiet George Ridings
Pennington Asks Judge For Election
Pennington Gap VA council seeks approval from Lee Circuit Court Judge Joseph Cridlin for a referendum on a 350000 bond issue to fund a sewerage and water system. Bonds to be paid from water revenue with a five year term and interest above four percent. City aimed originally at 200000. engineers’ revision prompted reduction. Mayor Williams says Federal Housing and Home Finance Corp would purchase bonds if bids fail to reach 3 3/8 percent. Council to audit city books and study new street light installations.
MENTIONED IN THIS ARTICLE
Pennington Gap
Lee Circuit Court
Joseph Cridlin
Enginers
Y. F. Williams
Federal Housing and Home Fiance Corporation
Becky
Teachers Train for Place Coins in Ethiopia
UPI reports 300 teachers began training here Monday for Place Coins assignments in Ethiopia. The note mentions a 1652 mint and the pine shilling as an early American coin struck without change until later.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ethiopia
Daily News Billing and Delivery Rates Roster
The Daily News published in Middlesboro Kentucky outlines mail and carrier subscription rates. Rates include $7.00 yearly in Bell and Knox Counties Kentucky Lee County Virginia and Claiborne County Tennessee or $10.00 outside the area. Six months and quarterly options are listed with respective prices.
MENTIONED IN THIS ARTICLE
Daily News
Citizens News Co, Inc
Middlesboro
Kenneley
United Press International
Up.i
Bell
Knox Counties
Lee County
Claiborne County
Tenn
Taken in Roadblock On Licenses In Middlesboro
A police roadblock stopped 15 locals for lacking vehicle licenses and 45 drivers face police court this morning in Kingsworth. Bonds posted include Bob Lyatt and Robert Cody among others. Williams and others paid bonds or fines. Lorretta Ann Mays Ronald Martin fined 14.25 for driving without licenses. Martin also charged with speeding. Tritty Roth Zellers paid 14.25 for public drunkenness.
MENTIONED IN THIS ARTICLE
Middlesboro
Kingsworth
Jay Johnson
William
Bob Lyatt
Robert L. Cody
James , Marsee
Ray E. Phillips
Clartes Brooks
Herbert Shoffner
James Hobbs
Kenneth Golden
Jonathan
Gayels
Arnold Estep
G. C. Callingsworth
William Welch
Fred Wickens
Henry Coleman
Lee Roy Quinton
Willams
Lorretta Ann Mays
Ronald Martin
Martin
Was
Chandler attacks papers and figures in Kentucky speech
Former Governor A B Chandler railed against metropolitan newspapers and current leaders in Louisville, claiming tax cuts caused big state deficits and predicting a Democratic sweep in Jefferson County. He urged organizing from precincts up and announced a birthday barbecue near Lexington.
MENTIONED IN THIS ARTICLE
Louisville
UPI
A.B. Chandler
Bert T. Combe
Wilson
Wyatt Ax
Chandler
Combe
Joe Wyatt
Om Gana
ADA Americans For Democratic Action
Courier Journal
CourierJoural
Jefferson
Chatder
Ecueland
Lexington
Qweeran Grain
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