Scattered Shortages Reported Across Major Retailers
An Associated Press survey of major retailers finds scattered shortages of some items but no widespread hunger. Large chains fare better than smaller firms, with fresh fruit and vegetables harder to obtain in places like Chicago and Atlanta. Officials link shortages to price controls and export curbs, while retailers warn shortages could worsen without policy changes. Jewel Stores and Allied Supermarkets report item drops and price moves, including spinach parsley and canned meat losses.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Chicago
Atlanta
Nixon
Cost of Living Council
Bernard Lipskin
Food Fair
Interest Hike On Passbook Savings and Mortgages
Washington AP reports the government raised the passbook savings interest ceiling from 4 to 5 percent retroactive to July 1 and increased FHA VA insured mortgage rates to 7 percent. The Fed and FDIC approved the passbook change to attract deposits and aid savers while deterring rapid loan-led growth.
MENTIONED IN THIS ARTICLE
Washington
Savings and Loan Associations
Federal Reserve Board
Federal Deposit Insurance Corp
Housing and Urban Development Department
HUD
Federal Housing Administration
FHA
Veterans Administration
Congress
Kansas legislators approve smaller House and continuous sessions
A Kansas legislative committee approved cutting the House from 125 to 120 members and staggering Senate terms as half of the 40 would be up for election at once. They backed a continuous body concept with year round sessions, kept two year terms for House and four year terms for Senators, and recommended separate apportionment amendments if needed. Legislation would grant 10 days for bill presentation by officers and 10 days for the governor to act.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas House
Senate
Legislative Budget Committee
Duane McGill
Rainfield
Ransom Paid For Argentine Firm Chief Amid Ongoing Release Doubt
AP reports a record 3 million dollar ransom paid for Firestone Argentina president John R Thompson, though no release arrangement details surfaced. Other wire items note a Kingman Arizona butane explosion killed three firefighters and injured seventy, plus ongoing Argentina Cuba hijacking developments and freed hostages.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Kingman
Ariz
Charles Potter
Arizona
John Howell
Santa Fe
Roger Hubka
Bill Casson
Jimmy Cox
Firestone Tire & Robber Co
John R. Thompson
Firestone
Cleveland
Ohio
Thompson
Cuba
Hector J. Campora
Havana
Also Mentioned on This Page
Big Apple Super Markets
National Association of Food Chains
Jewel Stores
Midwest
Tom McMasters
Allied Supermarkets
Detroit
Richardson’s Shoes
Nation's Capital
Southwestern Bell
R.S. Hanes
R.M. Clogston
Otibeon
U.S
Federal
Federal Agency
Municipal
Fed. Rest. Bank
Bank Bldg
Furn
Fix
J.J. Chandler
Frances O. Jones
Gwendola A. Pederson
Bruce B. Moses
Donald C. Hay
Elizabeth C. Clogston
A.W. Chandler J.J. Chandler Howard J. Doyen
First National Bank OF
Ottawa
Ottawa, Kansas
Chile
Latin America
Brazil
Wade
Ani
Jeannies Studio
Jean Swift
Imperialuaranteed
Walker
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