West Texas Leaders Highlight Budget Battles and Honors
Congressman J T Rutherford reports on early year budget battles as Congress trims 30 million from the Justice State and US Information Agency bill and reduces the Defense appropriations by about 400 million while boosting Nike Zeus Army procurement and slashing Bomarc. Melvin Pollard Young from West Texas graduates from the Air Force Academy, ranking high in his class. Judge R E Thomason of El Paso is honored on Memorial Day birthday with tributes from Government figures. Rutherford praises Thomason’s record and lineage in Texas public service.
MENTIONED IN THIS ARTICLE
Congress
Fischhower
House
Justice Department
State Department
U. S. Information Agency
Eisenhower
House Foreign Affairs Committee
House Appropriations Committee
Defense Department
U.S
Pentagon
Army
Air Force
West Texas
Melvin Pollard
Young Pollard
Air Force Academy
Pollard
Air Academy
R. E. Thomason
el Paso
Judge Thomason
Washington
Truman
Thomason
Gainesville
Fei Paso
Austin
Federal Bench
Monahans Welcomes Three New Families to Town
Three new families moved to Monahans from May 25 to May 29 according to a local utility company. Names and addresses listed include James T. McCone at 411 So. Franklin, R. C. Ridley at 1208 So. Main, and Raymond F. Riddle at 1103 So. Doris. The notice accompanies a broader column featuring civic notes and a legislative roundup.
MENTIONED IN THIS ARTICLE
Monahans
James T. McCone
Franklin
R. C. Ridley
Main
Raymond F. Riddle
Doris
Money forces and stock market trends analyzed
The report notes money supply effects on borrowing costs and stock cycles. It states the prime rate has risen to 4.4 percent, with the discount rate around 3 percent, and predicts stock declines may precede booms in bonds by months. It also suggests buying bonds after stocks peak in the cycle.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Federal Reserve
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J.T. Rutherford
Navy
Robert Fisner
Congressional
Dub
Arctic Circle Dealer
Jewels
South Alice
Kimberl
Oleo
Brush Creek
Peaches
OAK Farms
OXEL
Johnson
Farr Hardware - Furniture CO
Olors
Yello
Krafts Miracle Whip
del Monte
Chuck Roast
Humphrey
Winton
England
Isobel Cole
Gator
Hemphill, Noyes & Co
New York Stock Exchange
Offenbach
Germany