Federal Reserve Helps Santa With Christmas Credit Moves
Federal Reserve officials in New York aim to boost bank lending by $2 billion this Christmas without lowering rates. The Bank of England cuts rates to 5.2 percent, aligning with U.S. policy aims to curb gold outflows as London prices push gold higher. The actions seek to support finance for holiday purchases while limiting U.S. gold losses and not triggering a recession.
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AP Business News
NEW York
Federal Reserve Board
Santa Claus
Europe
Uncle Sam
Fed
Bank of England
London Free Market
U.S
Washington
London
Insane Man Threatens Princess in Stockholm Heist
A man snuck from a palace guard with a loaded submachine gun, then entered Stockholms Tidningen and announced he would kill Princess Sibylla. The 47 year old, said to be from an asylum, was disarmed by the reporter Bo Sigheden as police took him into custody. The princess is mother to Crown Prince Carl Gustaf.
MENTIONED IN THIS ARTICLE
Stockholm
Sweden
Royal
Stockholms- Tidningen
Sibylla
Carl Gustaf
Bo Sigheden
Af Iq
Butler County Tax Revisions Open for Inspection and Hearings
Under Ohio law the Butler County Board of Revision has completed equalization and sent returns to the County Auditor. The revised tax valuations are available for public inspection in the Auditor’s office in Hamilton. Hearings on any valuation or assessment not by the Tax Commissioner of Ohio will be held at the Auditor’s Office, Court House, Hamilton, on Friday November 4, 1960 at 2 50 PM.
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State of Ohio
Hamilton
A. R. Tilton
Butler County
Ohio
French Students Battle Police In Peace Row
French students clash with riot police on Left Bank squares in Paris during a peace in Algeria demonstration. Crowd swells from 3000 outside Mutualite Hall to up to 8000 as marchers are dispersed and smoke bombs are tossed amid chants of Algeria Francaise.
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Paris
Algeria
Mutualite Hall
Cincinnati Lt. to contest dismissal over alleged figures link
Cincinnati police lieutenant Sylvester Houghton plans to appeal his firing tied to alleged associations with a known numbers racket figure. He informed the city civil service commission and will have a hearing on November 10.
MENTIONED IN THIS ARTICLE
Cincinnati
Sylvester Houghton
City Civil Service Commission
Record Theft Ring Busted At RCA Plant
Police in Indianapolis say four RCA workers Edward J. Gabbard Don C Diall Graymore Bridgeforth and Gene T Farley were arrested as part of an inside gang that stole over 50000 dollars of records in the past year. The thieves smuggled top priced records and albums from the plant while performers protested loss of royalties as works sold on a black market nationwide.
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RCA
Edward J. Gabbard
Don C. ‘Diall
Graymore Bridgeforth
Gene T. Farley
Indianapolis
Ind
Police Today
Radio Corp. of America
Carl C. Schmidt
Samegai
Japan
James E. Blake
Kyoto
Schmidt
Meria
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