FHA Proposed Rate Hike Looms For Home Loans
Washington reports congressional sources anticipate an FHA interest rate increase from 5 to 5 1/2 percent. The move would accompany lower down payment requirements and tighter discount limits, aimed at keeping FHA loans competitive amid tighter credit conditions.
MENTIONED IN THIS ARTICLE
Washington
Federal Housing Administration
Congress
Eisenhower
FHA
Rains
D-Alan
House
Sam
Movie Star Monroe Loses Baby In Operation
Marilyn Monroe, age 31, rushed from Amagansett on Long Island to Doctors Hospital after a threatened miscarriage. The medical source said an hourlong operation was performed and the baby was unsavable, risking the life of the mother. Husband Arthur Miller was by her side.
MENTIONED IN THIS ARTICLE
New York
Marilyn Monroe
Doctors Hospital
Long Island
Amagansett
Arthur Miller
Miss Monroe
Testimony Links Racketeering to Exploitation in New York Unions
Senate Rackets Committee testimony asserts crooked management and racketeering unions conspired to exploit nearly one million Puerto Rican and Black workers in metro New York. John McNiff cites verbal contracts, wage fixing near federal minimum, and denial of written union contracts. He implicates James R. Hoffa and Johnny Dio in elevating union control on the East Coast.
MENTIONED IN THIS ARTICLE
Washington
Senate
New York City
John McNiff
The
Assn
MCNUS
New York
McNiff
International Ladies Garment Workers Union
ILGWU
Dave Dubinsky
Dubinsky
Senate Committee
McClellan
D-Ark
James R. Hoffa
Teamsters
Johnny Dio
Seaboard
Dio
AFL
United Auto Workers
Eighteen On Trial For Assassination Of Carlos Castillo Armas
In Guatemala a military court hears 18 persons suspected of complicity in the assassination of President Carlos Castillo Armas. An additional 36 are detained for investigation as officials say the shooter Romero Vasquez Sanchez was a Communist fanatic who killed the president and then killed himself.
MENTIONED IN THIS ARTICLE
Guatemala
Carlos Castillo Armas
Ismael Ortiz Orellana
Castillo Armas
Romero Vasquez Sanchez
Test Delayed Again at Atomic Site
The Atomic Energy Commission postponed an atomic test for 24 hours at the test site. The firing schedule was reset to 4:15 a.m. tomorrow.
MENTIONED IN THIS ARTICLE
New
The
Atomic Energy Commission
Senate votes to revive SBA and extend funding
The Senate unanimously approved reviving the Small Business Administration with 75 million dollars in new lending funds for one year. President Eisenhower urged swift action as SBA authority had expired, with Johnson pushing a one year extension and related bills advancing to the White House.
MENTIONED IN THIS ARTICLE
Washington
Senate
Small Business Administration
Lyondon B. Johnson
Texas
SBA
Eisenhower
Johnson
Senate House
White House
Blast Rocks Philadelphia Subway Train During Morning Rush
A blast hit a six car Broad Street subway train in the morning rush, injuring many though none seriously. The motor in the lead car reportedly short circuited triggering a circuit breaker explosion, with victims treated at three area hospitals.
MENTIONED IN THIS ARTICLE
Philadelphia
Broad Street
Philadelphia Transportation Co
Civil Rights Bill Loses Ground as Jury Trial Amendment Passes
Senate approves a jury trial amendment to the civil rights bill by a 51 vote margin, signaling potential death of the measure this session. President Eisenhower expresses strong dissatisfaction, while Knowland and other backers debate future prospects and party alignment.
MENTIONED IN THIS ARTICLE
Knowland
Washington
Eisenhower
Senate
Sen
Calif
Potter
R-Mich
White House
Congress
Russell
iGa
Snowland
Senate House
House
Lyndon B. Johnson
Texas
Johnson
Neely
D-Wva
Bethesda Naval Hospital
Bridges
R-Nh
Payne
R-Maine
Maine
Frank Church
D-Idaho
Joseph C. O'Mahoney
D-Wye
Estes Kefauver
D-Tenn
Lyndon Johnson
D-Tex
Richard Russell
D-Ga
George Weaker Sinks Rapidly
VIENNA Ga Former Sen Walter F George weakens rapidly in his fight against heart disease. Dr Martin L Malloy long time family physician says he does not see how he will make it. George 79 has been gravely ill since Monday with doctors Malloy and J Willis Hurst from Emory attending.
MENTIONED IN THIS ARTICLE
Vienna
Walter F. George
Martin L. Malloy
George
Malloy
J. Willis Hurst
Atlanta
Department of Medicine
Emory University
Loan Fund Holds Up Aid Voting in Eisenhower Plan
Senate and House struggle over an economic development loan fund and foreign aid totals. Conferees aim for an early meeting to resolve differences in a package totaling about 3.6 to 3.86 billion dollars in military economic aid and technical assistance. Senator Sparkman notes the revolving fund could shape the outcome.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Eisenhower
Sen
Sparkman
D-Ala
Youths Arrested for Disturbing the Peace by Breathing Calls
County sheriff's officers arrested two youths and charged them with disturbing the peace by calling themselves and breathing heavily on the telephone. Mrs Champ Martin said one caller breathed on her for five to six minutes, though no words were spoken. Names of the accused were not released.
MENTIONED IN THIS ARTICLE
Krvuiny
Shasta County
Champ Martin
Hill Dwellers Trapped as Only Road Remains Closed
Stag Hill on the New Jersey side faces isolation as Hillburn New York closes Stag Hill Road to all traffic. Geiger Road under construction is unsafe, leaving 67 hilltop residents cut off from neighbors. A protest seeks a special prosecutor and relief from officials.
MENTIONED IN THIS ARTICLE
Mahwah
N.J
Stag Hill
Hillburn
N.Y
Stag Hill Road
Geiger Road
Robert B. Meyner
Rockland County
New York State
New Jersey
Mannah
Archie Hay
Bergen County Saprod
Cuba Restores Military Rule After Anti-Batista Protests
In Havana the Batista government imposed 45 day military rule after a Santiago de Cuba anti-Batista demonstration. The new U S ambassador Earl E T Smith drew criticism from Batist loyalists as the army took control of Santiago with censorship on newspapers and radio, while a general strike and clashes continued.
MENTIONED IN THIS ARTICLE
Havana
Fulgencio Batista
Cuba
Santiago i de Cuba
Earl E. T. Smith
U.S
Atista
Santiago
Oriente
Bueycito
Fidel Castro
Castro
Record Heat Sparks 100 Degree Day
Yesterday's highs reached 100 as Armee's thermometer showed a spike to 93 94 before. The cooler morning today dipped to 70 the lowest of the week, offering little relief according to the Weather Man.
MENTIONED IN THIS ARTICLE
Armee
Eisenhower criticizes civil rights bill jury trial provision
President Eisenhower warned the Senate jury trial clause would weaken the judicial system and render the civil rights bill largely ineffective in protecting voting rights. He said the debate has been clouded by extraneous issues rarely seen in legislative history.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Senate
Death A Foot Away
Orenza Young, 43, was electrocuted while adjusting a floor lamp at the dinner table. Police say a short circuit and moisture on his body caused the freak accident Thursday night in St. Louis County.
MENTIONED IN THIS ARTICLE
ST. Louis
Orenza Young
Young
Mysterious Object Lighting Western Skies Disintegrates Over Yreka
Reports from California to Oregon described a bright bluish green object seen across the West last night. Amateur astronomer William Abbey in Eureka said the fragmenting body moved north and showered debris toward Yreka near the Oregon border, with an explosion heard across Siskiyou County.
MENTIONED IN THIS ARTICLE
San Francisco
California
Portland
Ore
Salt Lake City
Yreka
Calif
Oregon
Siskiyou County
Eureka
Here
William Abbey
Abbey
Earth
Chuckle Quote Flags Need for Clarity in National Mood
A witty line ponders the country’s needs and suggests the solution lies with someone who understands what is required. The remark frames a national moment as a call for someone insightful to guide public sentiment.
Anti-Open Skies Plan Outlined By Dulles
John Foster Dulles unveiled a widened open skies proposal urging universal aerial and ground inspection to deter sneak nuclear attacks. The plan would allow Soviet and Western overflights and port rail and air field checks, with all nations’ consent required, as a first stage step toward disarmament.
MENTIONED IN THIS ARTICLE
London
John Foster Dulles
United States
Soviet Union
Europe
U.S
U.N
Dulles
Britain
France
Canada
Eisenhower
Pickets Halt $35,000 Shipment of Ohio Steel
About 50 pickets blocked a McDowell Co. shipment in Martins Ferry Ohio as bricks bottles and rotten eggs were hurled at lawmen and Nickel Plate Railroad crew during an hour long protest. Belmont County Sheriff Floyd Baricklow and deputies faced threats while guarding a $35,000 fabricated steel shipment for Vito Enterprises of Cleveland.
MENTIONED IN THIS ARTICLE
Martins Ferry
Ohio
McDowell Co., Inc
Nickel Plate Railroad
Belmont County
Floyd Baricklow
John Eslary
Vito Enterprises of
Cleveland
Lucy Fowls Science Quits Kee Production in New Brunswick
Lucy the Leghorn hen drew scientific attention after laying 17 eggs in five days at Rutgers. Poultry physiologist Dr Starkie planned X rays to check for two oviducts as researchers probe the egg producing mystery. The hen has not laid since arriving at the Rutgers agriculture station, dampening her fame.
MENTIONED IN THIS ARTICLE
New Brunswick NJ
Rutgers
Lucy
John Delaporte
Renville
Delaporte
Leghorn
Rutgers University Agriculture Experiment
Paw D. Starkie
Sturkie
Higher Education
Starkie
Also Mentioned on This Page
Norman Walker
Carlos Armas
Small Business
Agriculture Department
Paul A. Duffy
Pittsburgh City Hall
Jimmy
Duffy
Crane
Rts
Senereeerenee
Valley News Il
Bulletin
Lucy ‘Fowls
Science
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