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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Jul 07, 1959
Page
5
The article notes soaring stock broker optimism before the holiday while many bond investors face losses if selling now. It cites record low bond prices, high yield on municipal bonds at 3.7 percent, and 30 industrials at 3.0 percent. Treasury short term bills averaged 4.075 percent. Investors weigh stock gains against bond yields and tax considerations.
The annual Kansas Peace Officers meet will be held in Coffeyville on Wednesday. Speakers include Mark Felt, FBI agent in charge of the Kansas City office.
AP report notes four city officials resigned amid a administration shift in Kansas City Missouri. resignations included Philip E. Geissal planning chief Curt T Thatcher fire director Melvin P Hatcher and Ronald M White aviation director. Reed McKinley announced replacements Maggie Carr Grass and Norman White. earlier resignations listed L P Cookingham Hayes A Richardson Thomas J Patten Robert E M Des Islets and Jerry Brownlee.
Kansas City AP reports local 5672 of the Oil, Chemical, and Atomic Workers Union will strike the Sugar Creek refinery in northeast Kansas City at 7 a.m. Wednesday after negotiations collapsed Monday night. About 800 workers are represented. The refinery has begun shutdown procedures as talks remain far apart on 15 or 16 contract terms.
The Associated Press unveiled automated stock market table delivery via Teletypesetter wires. New service speeds 265 words per minute, delivering complete tables to newspapers during trading hours. System uses Teletypesetter tape and linecasting, enabling 12 000 lines per day with 50 staff.
A list of secondhand ranges, sofas, beds, TVs, and small furniture with prices, down payments, and monthly terms. Highlights include Coronado gas range 79.95, 12 used TV sets with guarantees, near new sofa beds from 49.95, and a Forney welder 139.95 with payment plan.
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