Elbow Room Sought to Ease Government Bond Rates
Treasury Secretary Robert B. Anderson told the House Ways and Means Committee that removing the interest rate ceiling on government bonds would not raise overall rates. He warned Congress that denying more market flexibility could boost fear of the dollar and push rates up due to inflation. Budget Director Maurice Stans and Fed Chair William M. Martin backed the administration.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
Robert B. Anderson
Congress
Anderson
House
Ways and Means
Treasury
Maurice Stans
William M. Martin
Federal Reserve Board
Woodrow Wilson
Tornado Rips Fargo Area Killing One in ND
A tornado producing up to 115 mph winds struck Fargo North Dakota causing extensive property damage and leaving about 75 homeless. An 18 year old Mexican national Belica Alonson was killed by lightning near Ardoch. A separate twister damaged Bagley Minnesota fairgrounds and Hector Airport area.
MENTIONED IN THIS ARTICLE
Fargo
N.D
North Dakota
Minnesota
Belica Alonson
Nuevo Laredo
Mexico
Ardoch
Clearwater County Fairgrounds
Bagley
Minn
Hector Airport
Teen-Age Marriages On The Rise In Dallas
Dallas reports a 41 percent rise in married students in two years with 480 married teens by April 1. School officials consider banning extracurriculars for married students and exploring seminar counseling and dating curfews. Karen, a teen mother, warns others that marriage ruined her future and left her with little education or money.
MENTIONED IN THIS ARTICLE
Dallas
Tex
UPI
Texas
W. T. White
White
Dr. White
Rippy
Robert E. Stoltz
Southern Methodist Univeristy
Don Matthews
Matthews
Karen
Jaime
Robber Steals Jewelry From London Producer’s Home
American producer David Rose and wife were robbed of 56000 dollars in jewels last night. Mrs. Rose reported five pieces missing from a locked jewel chest in a bedroom wardrobe. Detectives said the thief appeared to know the location of the jewels and nothing else in the apartment was disturbed.
MENTIONED IN THIS ARTICLE
London
David Rose
France Draws Steadily Away From Partners
France's plan to work with Eisenhower and Macmillan on a global policy including the Middle East, Asia, and Africa draws concern in Washington and London. The United States and Britain resist France’s refusal to promise Algeria independence and fear tying Far East policy to Paris. Neither ally signals willingness to concede major points, while avoiding Provoking de Gaulle.
MENTIONED IN THIS ARTICLE
Eisenhower
Macmillan
Middle East
Asia
Africa
United States
Britain
France
Algeria
Far East
Paris
NATO
de Gaulle
Mystery around disappearance of Susan described as frail teen
The family recounts two months of strange phone calls warning of harm to Susan. Susan, 14, is described as small and shy, about 70 pounds and 4 feet 11 inches. Law enforcement notes no stranger contact yet. family blocked calls and mum Miriam says Susan was well behaved and studious.
MENTIONED IN THIS ARTICLE
Susan
Lawrence
Miriam
Labor chief forecasts May unemployment drop and job gains
Labor Secretary James P. Mitchell predicts an extraordinarily good decline in unemployment and a solid rise in employment for May. He also says the consumer price index should stay relatively steady with some ups and downs over the next four to six months. B. F. Goodrich Co. reaches a tentative contract with the United Rubber Workers ending a 54 day strike, aligning terms with Goodyear and U.S. Rubber, while Firestone remains the industry outlier.
MENTIONED IN THIS ARTICLE
Labor
James P. Mitchell
B. F. Goodrich Co
United Rubber Workers
Goodrich
Goodyear
U.S. Rubber
Firestone
Big Four Oil Firms Cut Prices Across East Coast
Socony Mobil Oil Co announces wholesale gasoline price cuts up to 0.2 cent a gallon to dealers in New York and other eastern markets. The reductions reflect softer Gulf of Mexico cargo markets, primary sources of fuel for the Eastern Seaboard, while some plants remain strikebound.
MENTIONED IN THIS ARTICLE
Socony Mobil Oil Co
New York State
East
Gulf of Mexico
Seaboard
Also Mentioned on This Page
Union Beach N.J
Eleanor Bertha Heckelman
Robert Heckelman
Parent
Edwin L
Showroom
Se Pog
Dad
United Press International
Eae Oroliny
Betty Sue
Paul Hewitt Music
Artley
Louisville Ave
Monroe
Louisiana
DGE
D GE Furniture
Desiard
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