Inflationary Symptoms Get Treatment
The article reports on inflation pressures in the United States and the Federal Reserve's response. It notes rising material prices, heavy borrowings by firms, and steel buying ahead of price increases. The Fed raised rates to curb credit use, with banks charging up to 3 percent, aiming to slow inventories and inflation.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Reserve System
Bankers’ Bank
Federal Reserve Banks
San Francisco
Minneapolis
Big Business
Tis
Avery C. Adams
Pittsburgh Steel Co
Russell B. Brown
Independent Petroleum Assn. of America
U. S
Standard Oil Co. N.J
Two Hurt in City Collision Last Night
A two car crash at East Alameda and Beech at 6 40 p m left Kathleen Spencer 19 of 1719 N Lea Ave and Mrs Jim Butler as passengers with bruises and shock. Mary S Farmer 20 of 701 E Deming St drove the other car a 1949 Chevrolet. The Plymouth rolled once and was listed as all over total while the Chevrolet front damage was $100.
MENTIONED IN THIS ARTICLE
East Alameda
Beech
Kathleen Spencer
N. Lea Ave
Jim Butler
E. Alameda St
South Beech
Mary S. Farmer
City Firemen Quench Roof Blaze Saturday
Fire destroyed a roof hole at 629 E Sixth St caused by a defective vent pipe. Firemen from Trucks 2 and 3 used 350 feet of hose and returned to the station at 5 28 p m after the 4 47 p m alarm.
MENTIONED IN THIS ARTICLE
E. Sixth St
GAVEL GOES TO TUCKER AS ROSWELL INUAugates New Council
Roswell prepares for a 7 30 p m inauguration at City Hall with Mayor elect Ernest C Tucker and five new aldermen joining five holdovers The old council led by Mayor Bert Ballard will open the session and hand over to the new administration Committee assignments may be announced at the meeting and honors for retiring leaders are planned
MENTIONED IN THIS ARTICLE
Roswell
Ernest C
Ernie) Tucker
Bert Ballard
Ballard
John F. Russell
S. Elmo Henslee
Benson Calls Farm Bill Bad and Explosive
Secretary Benson labeled the farm bill bad and said President Eisenhower has not decided whether to sign or veto it. The White House planned a decision early next week, with Benson noting the President may speak publicly or via radio television if he acts.
MENTIONED IN THIS ARTICLE
Augusta
Benson
Eisenhower
White House
Washington
Cairo
Gaza
Israel
Hammarskjold
Lydda
Tel Aviv
Jerusalem
Beirut
Lebanon
U.N. Security Council
Car crash tears into Louisville home injuring driver
Ralph Ritter's three children awoke to a skidding car that crossed their lawn and rammed into the living room wall in Louisville. Paul D. Arnold of Shelbyville told police a tire blowout caused loss of control. the house and car were total losses, Arnold sustained a leg cut, the children escaped injury.
MENTIONED IN THIS ARTICLE
Paul D. Arnold
Shelbyville
Elmer
Patsy
Frances Ritter
Arnold
Teen-Age Road-e-o registrations open at schools
Teen-agers may register at the senior high or two junior high schools for the 1956 Teen-Year Road-e-o to be held April 27 28. Bob Thompson JC project chairman says written tests April 27 and driving tests April 28 at senior high. Top two win travel to Los Alamos for state contest with expenses paid. winner gets a 50 dollar bond from McDonald Motors and runner-up a 25 dollar bond.
MENTIONED IN THIS ARTICLE
Bob Thompson
Jaycee Project
Thompson
Los Alamos
McDonald Motors
Bikes to be inspected for derby at Bremond stadium
Roswell Optimist Club announces inspection sessions this week from 3 to 5 p.m. for bicycles to enter the Derby at Bremond stadium. A 1:30 parade Saturday from South Junior High to Main Street opens the event with a best decorated bike prize and safety theme.
MENTIONED IN THIS ARTICLE
Bremond Stadium
Stan Gallup
Roswell
Gallup
South Junior High School
Main Street
de Bremond
Bert Ballard
Roswell Boy Wins State Talent Search
A Roswell boy and a Gallup girl won the New Mexico science talent search held beside the New Mexico Science Fair. Charles F. Halverson Jr. of Roswell and Jean McArthur of Gallup High School were announced as winners by Dr. Gerald Meyer of Highlands University Las Vegas. The daylong fair occurred at the New Mexico Institute of Mining and Technology campus.
MENTIONED IN THIS ARTICLE
Socorro
Roswell
Gallup
New Mexico
Charles F. Halverson Jr
Jean McArthur
Gerald Meyer
Highlands University
Las Vegas
New Mexico Institute ‘For Mining and Technology
USS Saratoga Joins Navy as Giant New Aircraft Carrier
The USS Saratoga was commissioned in New York in a ceremony on its four acre flight deck. Secretary of the Navy Charles Thomas hailed it as the Navy's greatest offensive vessel and a floating air field. Capt. Robert J. Stroh of Alexandria, Virginia, accepted command as 60,000 tons of steel became the fleet's latest and largest carrier. The ship surpasses size power and speed of any ocean fighting vessel, including the USS Forrestal.
MENTIONED IN THIS ARTICLE
New Yorki
Saratoga
Secretary of the Navy
Charles §. Thomas
Commission
Robert J. Stroh
Alexandria
U.S.S
U. S. S. Forrestal
Deming Education Section to Meet for Spring Session
Deming New Mexico Education Section for Exceptional Children set to meet Saturday in the city for its spring session.
MENTIONED IN THIS ARTICLE
Deming
New Mexico
Millions Face Monday Tax Deadline for 1955 Returns
The IRS estimates six to seven million individual taxpayers have yet to file 1955 returns with Monday midnight as the deadline. About 215 billion dollars more may flow into government coffers, while penalties of 5 percent per month and 6 percent annual interest apply to unpaid amounts. The 1955 individual income tax is expected to total about 33.2 billion dollars, with potential for a higher take aiding the budget.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
Three Candidates Remain in Demo Race for Governor
Santa Fe reports three Democrats still seek the gubernatorial nomination Gov John Simms Ingram Pickett and Robert S Stephens with no withdrawals by Friday deadline. Oliver C Smith was found unqualified for lieutenant governor and removed from the ballot.
MENTIONED IN THIS ARTICLE
Albuquerque
Robert S Stephens
John F. Simms
Stephens
Simms
Ingram B. Pickett
Democratic Party
Santa FE
John Simms
Ingram Pickett
Robert S. Stephens
Secretary of State
Oliver C. Smith
Smolky and Lambs Featured in Welcome Notice
Welcome readers note for Sgt. and Mrs. Sheldon H. Smolky and Mrs. Alice M. Lamb highlighting family update and community greeting.
MENTIONED IN THIS ARTICLE
Sheldon H. Smolky
Alice M. Lamb
Freedom of Choice Law Marks Alabama Segregation Policy
Alabama enacted a freedom of choice law allowing parents to select segregated or integrated K 12 schooling. The measure, signed by Governor James E. Folsom, enables three systems white only mixed classes and integrated options but excludes higher education such as the University of Alabama. It accompanies a constitutional amendment on August 28 and follows recent mob violence at Alabama A&M.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Alabama
James E. Folsom
Also Mentioned on This Page
Grandpa Mills
Barton Hoeck
Seth L. Mills
Tommy
Seth E. Jones
Mike Hoeck
Los Angeles
University of California
Gavel
Tucker
C. M. Woodbury
Louisville
Ralph Ritter
Roswell Boy
Navy
Gregory James Clifford
St. Mary’s Hospital
Cal Clifford
Gregory James
Hutter Construction Co
Gaza Strip
Dag Hammarskjold
Middle East
U.N
University of Alabama
Autherine Lucy
Miss Lucy
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