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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 19, 1958
Page
5
Bankers praise the Federal Reserve measure cutting reserve requirements releasing about 490 million dollars of funds, boosting bank deposits and enabling more lending. Experts say the move could lift the economy though the full impact may take months as banks deploy the larger reserves to loan out quickly.
A fragmented item describes May may items from a pastels collection and handbags priced around 2.95 to 9, with mentions of public works like roads sewers and schools. It references municipal funds, housing industry hopes, and potential government bonds next month, noting fashion and accessories in a catalog tone. The passage mentions Judy Bond and various prices, with vague economic commentary.
Judge W T McDonald ruled that women may attend Texas A&M College overturning a policy that limited enrollment to men. He said the board overstepped its powers and violated equal protection under the 14th Amendment. Plaintiffs Mrs Lead Bristol and Mrs Barbara Tettle sued after being denied admission for the spring term.
New York reports that the steel marketing area for construction is showing signs of life. The Iron Age weekly notes gains in structurals and heavy plate, with production levels improving albeit still subdued. Prospects for the second quarter are cautiously optimistic, though overall steel news remains mixed outside construction.
A Fairfax County police arrest records show an 11 year old girl detained Tuesday for shoplifting a trouser, claiming she planned to get brained Saturday. The incident occurred in FAIRIMAX Virginia.
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