Fed Hikes Discount Rate to Curb Inflation
The Federal Reserve moved to tighten credit by raising the discount rate from 4.5 percent to 5 percent across eight districts to slow borrowing and inflation. The action, praised by some bankers and economists, aims for a sustainable growth path and balanced payments, with several districts maintaining the previous rate. Uncertainty remains about how long the higher rate will stay in effect.
MENTIONED IN THIS ARTICLE
Federal Reserve
Washington
Federal Reserve Board
Federal Reserve District
St. Louis
Kansas City
San Francisco
Martin Gainsbrough
National Industrial Conference Board
First National Bank of Boston
Saul Klaman
National Association of Mutual Savings Banks
Reserve Board
Walter Klein
Associated Industries of
Massachusetts
Advertisement honesty pledge drives reader trust
A newspaper urges strict scrutiny of all ads to protect readers and advertisers. It invites reporting dishonest or fraudulent listings to the Better Business Bureau and Monroe News-Star World advertising staff.
MENTIONED IN THIS ARTICLE
Better Business Bureau
Quachita Parish
P.O
Monroe
Louisiana
Monroe News-Star World
Monroe News-Star—World
Airliners Overshoot Runways in London
An American Overseas Airlines DC8 and a Moroccan Air Maroc Caravelle overran runways in heavy rain at separate London airports. No injuries were reported.
MENTIONED IN THIS ARTICLE
London
API
American Overseas Airlines
Air Maroc
Bethlehem Church Shared By Many
In Bethlehem the Christmas season highlights religious division as Catholics Greeks Armenians Protestants and others share sacred sites. Police guard routes at the Church of the Nativity while Greek Orthodox and Catholic spaces remain contested. Tourism and commerce surge as pilgrims arrive for Dec 25 and related observances.
MENTIONED IN THIS ARTICLE
Bethlehem
Jesus
George S. Dick
Christ
St. Catherine
Alberto Gori
Jerusalem
YMCA
the Shepherds
Blough to retire as chairman of U S Steel soon
Roger M. Blough will retire at month end as chairman and chief executive of U S Steel after reaching the mandatory age 65. Edwin H. Gott will succeed him as president and chief executive, with Edgar B. Speer becoming company president.
MENTIONED IN THIS ARTICLE
Blough
U.S. Steel
NEW York
Roger M. Blough
U.S. Steel Corp
Edwin H. Gott
Edgar B. Speer
Yale Law School
White & Case of
Ben Fairless
Kennedy
Pittsburgh
Lehigh University
Gott
Koppers Co
U.S. Steel Plant
Youngstown
Ohio
Purifoy Elected Secretary-Treasurer Of National Particleboard Assn
Purifoy, wood products sales manager at Georgia Pacific Crossett Division, was elected secretary-treasurer of the National Particleboard Association at its Chicago meeting. He has 20 years in the forest products industry and coordinates sales and marketing for GP’s largest division.
MENTIONED IN THIS ARTICLE
Crossett
Ark
Winston Purifoy
Georgia-Pacific
National Particleboard Association
Chicago
Ill
Purifoy
Georgia - Pacific
Louisville
Miss
Urania
Crossett Particleboard Leadership Named
Tom Walton named plant manager Alf Saums appointed technical director and Al Gillespie takes on sales manager duties for Crossett Division particleboard operations.
MENTIONED IN THIS ARTICLE
Man Briggs
Crossett Division
Particleboard
Tom Walton
Crossett Particleboard
Alf Saums
al Gillespie
Bartlett Funeral Scheduled Friday
Bartlett funeral services set for 2 p.m. Friday at Hunt's Funeral Chapel for Eddie Bartlett 84 of Monroe. Rev. E L McClanahan will officiate burial in J S Clark Memorial Park under Hunt's Golden State Funeral Parlor direction. He died Friday at Lincoln Park Nursing Home after a lengthy illness. Survivors include two sons Frank and Harold Bartlett both of Monroe one brother Francis Johnson of Oakland Calif one uncle Willis Bartlett of Little Rock Ark and seven grandchildren.
MENTIONED IN THIS ARTICLE
Hunt
Eddie Bartlett
Monroe
E. L. McClanahan
J. S. Clark Memorial Park
Golden State
Bartlett
Lincoln Park
Frank Bartlett
Harold Bartlett
Francis Johnson
Oakland
Calif
Willis Bartlett
Little Rock
Ark
Also Mentioned on This Page
National Aeronautics and Space Administration
South
Ily & Sun
Wimmort
Bethlehem Church
Torsery
Chiadanad
KitchenAid
Bankamericard
Haddad
Sporting Goods Corner
N. 5Th & Pine
Key Post
GP Crossett
Nor
Mary’s Flower Shop Inc
N. 2Nd St
Monroe, la
Folivetti Underwood
BankAmericaid
Onroe
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!