Woman Pulls Subway Cord. 28 Hurt in Train Collision
Lucille Lo Bianco recounts a blond youth about 17 entering a car and assaulting her as another man tried to intervene. She pulled the emergency cord at a stop, triggering a crash when two trains collided. About 28 people were injured, 14 treated on scene and 14 later at Coney Island Hospital. The attacker fled amid the chaos.
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Lucille Lo Bianco
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Holders Choose Cash Over New Securities in Treasury Refinancing
Washington reports near record cash demand as the Treasury offered new securities to holders of 1.8 billion dollars of maturing notes. About 559 million dollars elected cash at 4.05 percent, totaling 1.817 billion in maturing certificates. The exchange saw 1.258 billion dollars accept the offer, with overall attrition at 31 percent, second only to a 32 percent rate in May 1955.
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Eisenhower Request For New Carrier Cut By Subcommittee
The House Appropriations subcommittee reportedly turned down President Eisenhower s request for 260 million dollars to build a new super aircraft carrier. The panel recommended about 40.8 billion dollars for Defense for the coming year focusing on antisubmarine and missile programs and stronger reserve forces. The plan preserves the overall amount with only spending shifts and a split on prioritizing disbursement. In other news actress Nan Grey, wife of singer Frankie Laine, underwent surgery for a ruptured spinal disc in Santa Monica.
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Defense budget advances for three more Polaris subs
The tentative defense budget includes funding to add three additional Polaris missile submarines. Some committee members urged increasing this number further.
Russia denies army enters Afghanistan
London dispatch quotes a British newspaper report claiming Russian troops entered Afghanistan. Moscow dismisses the claim as a ridiculous anti-Soviet fabrication aimed at aggravating the situation in the Middle East.
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