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Newspaper
Monroe Evening Times
Location
Monroe, Wisconsin, United States of America
Date
Aug 21, 1963
Page
11
Money tightens as short term rates climb with the 91 day Treasury bill yield reaching 3.335 percent. Banks push higher discount rates to keep dollars at home, citing riskier credit and increased instalment debt fueling debate over easier money versus cautious lending.
Washington reports describe Joseph Valachi as a nobody to crime bosses yet the informant’s testimony could reveal the Cosa Nostra’s inner workings. Valachi remains under guard at Ft Monmouth awaiting a Senate hearing while officials assess his credibility and potential impact on mob operations.
A baby elephant at the city zoo was reported as the first casualty of a city worker strike over a 25 percent living allowance raise. The walkout affected 30,000 employees including zoo and park staff as authorities called the action illegal and arrested hundreds for picketing.
The Defense Department announced a two year multi million dollar modification program for all 700 B52 bombers beginning next month. The work targets a rear fuselage bulkhead weakness found during testing after three crashes and linked to mission profiles such as low level high speed flights and severe clear air turbulence.
Classified ads urge safer travel with dependable cars and daily bargains.
Mr and Mrs Robert Niemeier former community residents now reside in a new house and cheese factory at Smicksburg Pennsylvania. Merrill Mays visited them during a 10 day vacation trip East. The Mays traveled through the New England States and Ontario Canada and spent two days in Plymouth Massachusetts where they took harbor trips.
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