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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Jul 11, 1958
Page
7
AP reports that easy money and industrial slump are slowing net operating earnings gains for major banks across the nation. While many banks post 2 6 percent gains, year over year profits lag last year’s 10 20 percent surge driven by tight money.
News from Richmond area notes Belle Adams Edith Means Ethel Retter and Thelma Atchison hosted a Sunday show for Kenneth Ray infant son of Dean and Mrs Coats. A parade of visitors including Marjorie Bennett and Grandmother Allie Murry heads to Portsmouth New Hampshire. Nate Sharpless to Emporia and to Veterans Hospital Topeka. Neil and Sharpless underwent emergency surgery in Topeka.
Capt M L Boling a Palo Alto Calif based veteran pilot and United Airlines captain will attempt a non stop solo light plane flight of 8500 miles from Manila to Wichita late this month using a Beech Bonanza with wing tip tanks. The journey links 1400 miles to San Francisco 2400 to Honolulu 2300 to Wake Island 1500 to Guam and 1600 to the Philippines. Boling 43 said he studied the Odom flight that inspired him and he expects a 50 hour voyage with Lloyds of London backing at 100 to 1.
An unauthorized 24 hour strike at the General Motors Tern stedt plant in Columbus ended with the morning shift of 2,500 workers returning to work and production back to normal. Local 969 UAW president Sarah E Campbell said the walkout was a spontaneous protest over layoff policies, claiming the company bypassed seniority in layoffs from 400 to 500 workers last month ahead of September model changes at the plant that employs 4,500.
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