Federal Reserve Eases Tight Money to Aid Treasury Loans
The Federal Reserve Board reduced reserve requirements to boost bank lending by about 5.78 billion dollars. The move aims to ease Treasury borrowing, with estimates of 5 to 6 billion dollars needed in the next three months. Secretary Humphrey says this does not mark a retreat from hard money policy and notes heavy upcoming Treasury financing. The changes affect reserve percentages for country, city, and district banks effective July 1, July 9, and alter the lending capacity of member banks holding about 85 percent of commercial deposits.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Treasury
Frank O'Brien
Federal Reserve
Secretary of the Treasury
Humphrey
Eisenhower
Reserve Board
Reserve
Federal Reserve Branch
Federal Reserve District
O'Connor Sees Polio Victory Near in Battle
Basil O'Connor president of the National Foundation for Infantile Paralysis reports progress in the polio fight. He says science is approaching the home stretch and that all three polio virus types can be grown for vaccines, though current polio cases run about 30 percent higher than last year.
MENTIONED IN THIS ARTICLE
New York
Basil O'Connor
National Foundation For
O'Connor
Vegetable Garden Puzzle Across and Down Clues
Crossword style list of across and down clues covering vegetables, animals, and common words. Entries include Edible seed vegetable Green Lamprey Pseudonym of Charles Lamb and other clues guiding letter intersections.
MENTIONED IN THIS ARTICLE
Lamprey
Charles Lamb
New Guinea
Compass Point
Gibbon
Mariner
Crossword Clue Solutions From The Previous Puzzle
Close by forty flew aloft ancient Irish silkworm capital bowed slightly Lohengrin s facility gunlock catch clay various Greek letter vegetable cease plants have chickens youth wicked barter bride flag maker Persian fairy
Cardinal to Officiate at Ann Blyth's Summer Wedding
Hollywood declares a historic Catholic ceremony as Cardinal MclIntyre will officiate Ann Blyth's wedding to Dr. James McNulty at St. Charles Church in the San Fernando Valley. A lavish Beverly Hills reception follows with guests including Bob Hope and Joan Crawford. Blyth plans both film work and a large family.
MENTIONED IN THIS ARTICLE
James Bacon
Hollywood
Ann Blyth
James McNulty
Dennis Day
James Francis Cardinal MclIntyre
Los Angeles
St. Charles Church
San Fernando Valley
Ann
Beverly Hills Hotel
Bob Hope
Joan Crawford
Paul Brinkman
Jeanne Crain
Donald O'Connor
Cardinal
Harry Meade
Patrick Francis Tobin
Day
Joan Leslie
Marjorie Zimmer
Jane Withers
Betty Lynn
Peggy Kelley
Alice Krasiva
Betty Lynch
Mary, Queen of Scots
Dr. McNulty
Police Find Good Lead In Nickles Killing
Canton police describe a good lead from questioning dozens of men after the murder of John Nickles aka Nicholas Farrassopoulos a gambling king. Nickles who was Greek born 58 years ago was buried in a Greek Orthodox church funeral attended by about 350 people. Five Nickles safes opened yielded no solid clues to the slaying.
MENTIONED IN THIS ARTICLE
Canton
John
Little Nick) Nickles
Ray Nanamaker
Nickles
Greece
Nicholas Farassopoulos
St. Haralampos
Debt climbs as six months forecast of new spurt seen
Nation faces rising debts across government, business, and individuals. Commerce data show total debt at 640 billion, up 40 percent since 1945, with corporate debt near 164 billion as firms reinvest in plants. Officials predict continued borrowing to fund expansion and public works, while banks caution on risk.
MENTIONED IN THIS ARTICLE
Department of Commerce
Emerce Department Siianate
Treasury Seeks 30 Billion in New Borrowing Over Six Months
The article notes a borrowing need of over 30 billion dollars in the next six months, with 21 billion to redeem maturing securities and 9 to 12 billion for new money. It cites the Institute of Life Insurance saying debt rose 40 percent since 1945 while national income grew 60 percent, arguing the economy has kept pace with debt and only a severe slump could hurt.
MENTIONED IN THIS ARTICLE
The
Treasury
Institute of Life Insurance
Senator Kennedy to marry Jacqueline Bouvier in September
Newport Rhode Island reports Senator John F Kennedy 36 and Jacqueline Lee Bouvier 23 plan to wed September 12. Bouvier a Newport New York debutante and news photographer joined The Washington Times Herald staff in 1952 after studies at Vassar George Washington University and the Sorbonne.
MENTIONED IN THIS ARTICLE
Newport, R. I
John F. Kennedy
D-Mass
Jacqueline Lee Bouvier
Newport
New York
Also Mentioned on This Page
Dean
Doan
WN Loans
Charles D. Thomas, Maer
Capital Finance
Central Ave
Eugene Purdy
Y Termital
Dohn’s
Tytus
Bet
A. C
Business Mirror
Sam Dawson
U. S. Treasury
Rothman Furniture Repair
Moore
Ely
Cincinnate Gas & Electric Company
South Broad St
Handsome
Broad St
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!