Government urged to educate savers on stock investment
Washington December 16 Special Merrill Lynch partner Winthrop H. Smith told a subcommittee that the federal government should educate individual savers about common stock and raise incentives in the tax laws to promote risk capital. He urged government issued literature and agency guidance to explain stock ownership and risks to spur investment in new and expanding enterprises.
MENTIONED IN THIS ARTICLE
Washington, D. C
Winthrop H. Smith
Merrill Lynch, Pierce, Fenner and Beane
Committee On the Economic Report
Federal Reserve
Smith
Department of Commerce
Securities and Ex- Change Commission
Mr. Smith
Two Injured After Jumps From Plane Near Reno
Six crew members bailed out of an Air Force C-82 in distress around midnight about 35 miles east of Reno. One man had a broken leg and another a broken arm. Five crew members hiked out and were picked up by a passing motorist on Highway 40. A rescue party was sent to reach the man with the leg injury. The plane, en route from Lowry Field to Alameda, landed safely at Hubbard Field. Names and exact number aboard were not immediately known. Parachutes deployed from 12,000 feet. The pilot was Lt. Dumont, ident unavailable.
MENTIONED IN THIS ARTICLE
Reno
Air Force
Here
Washoe County
Lowry Field
Denver
Alameda
Calif
Hubbard Field
Civil Aeronautics
Dumont
Civil rights housing rules draw southern opposition
Two Dixie lawmakers warn the Truman administration against broadening civil rights housing rules if Congress is to approve more home building. A top official says the administration will use executive powers but avoid actions needing prior congressional authorization. FHA and Veterans Administration announce Feb 15 start for new covenants rules.
MENTIONED IN THIS ARTICLE
Washington
Dixie
Truman Administration
Congress
Truman
Sparkman
D-Ala
Johnston
D-S.c
Federal Housing Administration
Veterans Administration
Philip B. Perlman
FHA
Franklin D. Richards
Veterans Agency
Perlman
Richards
South
Mr. Truman
Bees invade violets at LaMar home flower club
Mrs W Wayne LaMar complains bees swarm through 600 African violet plants in her home from basement to attic. Bees cross pollination may yield unknown varieties for future shows. She trimmed bloom stems to prevent further breeding, hoping for stable results. Also notes some conifer needles can last six to seven years.
MENTIONED IN THIS ARTICLE
Washington
W. Wayne LaMar
Catholic Review Calls Santa Claus Unholy Fraud
The Catholic Review of Washington and Baltimore criticizes Santa Claus in its Christmas issue. It labels Santa an unholy rival to the Christ Child, calling the idea bad psychology and theology. The piece urges keeping Christ in Christmas and suggests letting Santa fade from the birthday narrative.
MENTIONED IN THIS ARTICLE
Washington
Catholic Review
Baltimore
Santa Claus
Santa
Review
John Sinnott Martin
Christ
Officials itch for DDT plan in city health center
City health director Dr. J C Geiger ordered the janitor to spray the center balconies monthly with DDT to combat pigeons. He stated pigeons are the reason for the measure, explaining the need to address droppings and health concerns.
MENTIONED IN THIS ARTICLE
San Francisco
City Health
J. C. Geiger
City Health Center
Spray for Everyone in the Farmyard Assurance
The speaker notes the presence of psittacosis in birds and acknowledges carrying mites and lice. He explains that the spray is used for everyone's protection around the farm, though it is primarily for his own protection. He mentions occasional itching prompting the scratching.
Voter protest over housing policy sparks ire
A local speaker criticizes housing policies, arguing they drain business profits and threaten community wealth. The comment reflects broader sentiment among residents who oppose continued housing initiatives and fear negative economic impacts.
School for Santa Claus Opens in Los Angeles
The Masquers, an actors organization, opens a tuition free Santa Claus school in Los Angeles. The program aims to coach actors and amateurs for Santa roles and requires students to give one gratis appearance at a charitable function.
MENTIONED IN THIS ARTICLE
Los Angeles
Santa
The
Masquers
Actors’ Organization
Kris Kringles
Santa Claus
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