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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jul 01, 1958
Page
3
Babson discusses gold insights in his weekly Babson Talks feature printed in The News of Frederick Maryland. The July 2 1958 issue credits Roger W Babson as author and presents general commentary on gold markets and economic outlook.
Fifty years ago a Allegheny Pennsylvania man sought a site for Luiz and Schramm Co branch pickie factory in Frederick with several promising options. about 10 acres in the county grew cucumbers for the company. An empty box car fire in the B and O yard was contained quickly by chemical apparatus. United Brethren reunion plans were abandoned due to poor trolley rates from Washington County to Braddock Heights. Strong Maryland Athletic Club of Baltimore planned to visit Frederick for two days at Athletic Park as one of the best semi pro teams. A twilight trolley excursion to Jefferson with 25 cent round trip fare was announced for July 3 with a stop at Braddock.
Frederick author warns of Russia using gold as a weapon in an economic war, discusses gold supply shifts from Europe and Africa, potential devaluation impact, and the idea of a universal gold backed ruble. Mentions U.S. dollar gold linkage, inflation fears, and gold stock prospects for investors. Also notes local items on Japanese beetle infestation and school construction plans.
Nearly $550 in cash prizes will be distributed to winners in the annual Frederick County Firemen’s parade at Walkersville Wednesday night. The event accompanies the 24th annual Frederick County Firemen’s Association convention with prize categories for best marching units, bands, drum corps, and auxiliary appearances. The parade forms at 6:45 PM, marches from Maple Avenue to Main Street, ending at the carnival grounds after a Band concert.
A massive dynamite blast in Massey Ontario and New York flooded the cofferdam walls to form a giant lake as the US section of the St. Lawrence Seaway and power development nears flooding. Gov. Averell Harriman and Premier Leslie Frost witnessed the event joining dignitaries for the 1950s canal effort. The project, begun in 1954, will link ocean shipping to Duluth and boost power across Ontario, New York, and Vermont. Cleanup and testing follow as the 360 mile seaway nears completion next year.
Personal notices from Air Force families and relatives in Maryland Nebraska and Alabama. Lt Col Miles at Maxwell AFB returns from Hawaii. Miss Sandra Carmack visits with grandfather Wilson Carmack Jr. who died in France in 1944. James Kevin Smiths first birthday July 12. Karl and Isabelle Smith announce sixth child Ricky Wyatt born weighing 3 lbs 3 oz. Murray family visiting Sparta New Jersey Braddock Heights. Motter robbed of $60 in York Street assault leaving cuts and a black eye. Texas holds about 48 percent of US natural gas proved reserves.
The column contrasts past and present debt per person, noting 10 years ago Americans owed 98 cents on a national debt of 8 million versus current figures of 1 608 per person on 275 billion. It critiques comfort with debt and ends with church news from Glade Parish Open House and recent baptisms at Walkersville and Woodsboro churches.
Mas Mary Grace Helfenstein ends a 47 year Hood College link after 36 years of service. She led the Alumnae Association as secretary for 28 years, later becoming assistant, and since 196? served as Director of Placement. Helfenstein began in 1911 as a student and teacher, contributing to fund drives, class agents, and alumni programs before retirement.
A county man received six months in the House of Correction after Magistrate Wilbur F. Sheffield Jr found him guilty of taking a calf belonging to his employer Samuel Malone on the Albert G. Young farm near It his city. Malone testified he had been employed about two months and faced additional charges of purchasing farm items and selling a bale of tinder for less than cost. Young testified Malone was an alcoholic and the court heard other urban case details including a 20 day jail term for Charles W. Martin for crank and disorderly conduct on the Young farm and separate assault charges leading to three months for another man.
The office apartment building at 33 East Church Street in Lansdale was sold to Evangelical Lutheran Church of Frederick for about $365,000. The purchase, approved at a January meeting, deeds filed in the clerk’s office. The church plans to use the building for educational purposes, with apartments on the second floor, offices on the first floor, and a basement.
Maryland-Delaware Crop Reporting Service notes corn and spring plantings making generally good growth despite cool conditions. Barley harvest advances with about half completed. wheat harvest expected next week. Tobacco nearly finished in Southern Maryland. Delaware potatoes and early Cobblers praised. Cantaloupes blooming. cucumber harvest rising. apples and peaches outlook favorable with early harvests starting mid July.
Alickel William Anders, three, was accidentally shot in the head by his 15 year old half-brother Earl Renner Anders, while a loaded 22-caliber revolver fired in the upstairs of the Frederick County home on Route 3 near Mountaindale Road. The child is in serious condition at Washington County General Hospital after brain surgery. State police, led by Hiram J. Brown, investigated with assistance from Troopers Joseph W. Lechliter and Leo L. Shank.
CAB air safety agent testified both aircraft involved in the May 20 crash near Washington were seen on radar at the control center. He said timing gaps and lack of radio use prevented warning. The Viscount from Chicago to Baltimore and a Maryland Air mission jet reportedly collided near Brunswick.
Among the sick seven year old Jean Hargett of 312 Park avenue suffered a broken leg in a fall at Braddock Heights and was treated and released at Frederick Memorial Hospital. Various locals including Luther Powell of Woodsboro and Jennifer Sue Bare underwent or planned hospital care and tonsillectomies, with several families reporting surgeries and recoveries at Frederick Memorial and Maryland hospitals. Births at Frederick Memorial Hospital include seven children born to Chapline, Myers, Alrecht, Hartso ugh, and others from Rosemont avenue to Walkersville, with multiple family name changes noted.
Secretary of State Dulles says the United States will not bow to political blackmail to secure freedom for Americans held in East Germany and Cuban rebel territory. He stated at a news conference that the government will seek release by other means. Hugh Holmes McCormick of Frederick Maryland is announced as a new fellow of the National Association of Tax Ac accountants after passing the required exam.
The Fredenck News-Post offers cash prizes for local news tips. Tips are accepted on weekdays 8 pm to midnight, Saturdays 8 am to noon, Sundays 4 pm to midnight. Five dollars for the beat, three for second, two for third, with five more prizes of ST each for next best stories.
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