Uncle Sam's gold stock falls below 90 billion dollars
AP analysis notes U.S. gold holdings dipping under 90 billion for the first time since 1940, with the 1949 peak near 25 billion, while payments to foreign nations exceed receipts. Exports slide, imports stay high, and IMF/World Bank dealings accompany shifts in reserve assets amid debates on long term balance of payments.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
Uncle Sam
United States
International Monetary Fund
U. S. Treasury
World Bank
U.S. Treasury
Lightning Strikes Power Line Twice At Newark Building
A Newark building suffered fires from two separate lightning hits to the same power line. On June 23 1958 the strike damaged the air conditioning system causing a 10 day outage. a second bolt struck the line again triggering a similar fire and another 10 day outage.
MENTIONED IN THIS ARTICLE
Newark
N.J
American Insurance Co
Farm Bureau Beauty Show Set Tuesday
Mrs. Tripp Faulk Jr announced the Ouachita Parish Bureau Beauty contest and talent show will be held Tuesday June 30 in the Ouachita Parish Agricultural Building West Monroe. The beauty winner will advance to state honors at the Louisiana Farm Bureau convention in Monroe July 19 22 and may attend the Mardi Gras Ball in Washington DC next February.
MENTIONED IN THIS ARTICLE
Tripp Faulk
Ouachita Parish
Washington, D.C
Faulk
Pearl Bower
Ed Zeigler
Paul Ransom
Marvin Shipp
A. Fr. Landrum
John Osterland
W. A. Calloway
Cochairman
Stolen Car Recovered In London With Fresh Paint
Jim Scott’s five year old car was found in a London square after being abandoned by a thief. A mix up at a garage led to the vehicle being picked up for a different renovation, resulting in a full repaint new bumpers de-dented fenders and a reconditioned engine.
MENTIONED IN THIS ARTICLE
London
UPI
Jim Scott
Scott
Canton Floods Threaten City As Death Toll Mounts
Flood waters converge on Canton in Kwangtung with at least 187 dead and 200000 homeless. Two million workers rush to protect the city as floods surge from North and West rivers, with two million affected and crops damaged across 800000 acres of early rice and other fields.
MENTIONED IN THIS ARTICLE
Tokyo
South China
Canton
Kwangtung
Peiping
North
Peiping Radio
New China News Agency
China
Kwantung
Communist Youth League
Producer's Wife Seeks Divorce in Santa Monica
Viola Newman Berman obtained a divorce from film producer Pandro S. Berman after 28 years and 10 months of marriage. She testified he deserted her in 1956 and now visits the children only infrequently. No alimony. he will pay child support. Custody awarded to Berman for two daughters Susan 18 and Cynthia 16. The third child, Harry Michael, 22, is affected by the case.
MENTIONED IN THIS ARTICLE
Santa Monica
Calif
Pandro S. Berman
Viola Newman Berman
Susan
Cynthia
Harry Michael
Thundershowers Scatter Across Entire South
Scattered showers and thunderstorms hit the South from Texas to Georgia and South Carolina as cooler air collided with warm moist air. Texas saw heavy downpours and a train wreck, while a tornado struck near Jacksonville Texas, damaging a barn and a house roof.
MENTIONED IN THIS ARTICLE
Texas
Georgia
South Carolina
Jacksonville
Tex
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