Lifts Credit Curbs as F R B Ends Restraint Program
The Federal Reserve Board suspended its voluntary credit restraint program saying current circumstances require standby status. Banks were urged to lend only for defense or essential civilian purposes with regional committees screening applications. The program began in March 1941 and earlier boosted business loans by over 5.5 billion during Korea era, though 13 months into the call the gain was about 1.5 billion with two thirds from defense loans.
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Washington
Federal Reserve Board
Reserve Officers Unit to Meet at Gunter Hotel
The San Antonio chapter of the Reserve Officers Association will meet at 5 p.m. Wednesday in the North Terrace of the Gunter hotel. Cal C. M. Bover from national headquarters will be the guest speaker. Plans for the national convention in San Antonio July 9-12 are discussed. Members are urged to mail registration cards to 1405 Maieshe building before June 15.
MENTIONED IN THIS ARTICLE
San Antonio
Walter S. Glomes
Merry “Ann
Nominating 26 Injured Group to Be Chosen
A flash fire on the Lower East Side injured at least 26 people as fire felled a four story building. The Mexican Chamber of Commerce nominating committee for June officers will be named at 8 p m Monday in the Casa de Mexico, announced Dr Jose San Martin secretary.
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Mexican Chamber of Commerce
Casa de Mexico
Jose San Martin
New York
Jenie
Lower East Side
Eisenhower bids Italy farewell in Udine visit
General Dwight D. Eisenhower concluded his Udine tour with a salute to Italian troops, reviewing Mantova division and telling the crowd that NATO progress must continue. He cited continued security and peace through alliance, meeting Adm. Carney Maj. Gen. Schlatter and Lt. Gen. Laezave de Castiglion as he departed on return to the United States.
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Udine
Taly
Igen
Eisenhower
Dodary
Tthaly
Iiehief
Mantova
Ike
Filiberto Zacchini
Modena
Zachchink
Tke
NATO
Yugosslav
Robert ‘B. Carney
Europe
David M. Schlatter
Maurizio Laezave de Castiglion
Mercy killing leads to murder warrant in Belfast case
In Belfast, Waldo county authorities seek a murder warrant for 67 year old Charles M. Collins over the shooting death of his 30 year old mentally deficient son Robert at the family farm. Sheriff Byron S. Heath cited Collins saying he did the right thing as the motive described as mercy killing.
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Waldo County
Charles M. Collins
Byron S.heath
Robert Collins
Collins Farmhouse
Charles Jr
Robert
Jill
Shome
Heath
Collins
Ito County Atty
Hillard Buzzell
Bangor State Hospital
West Coast Warmth Continues Amid Broad Texas Heat
Mild cooler trend on the West Coast contrasts with Texas where Sunday highs reached into the 90s. Presidio marked the hottest spot at 88, while Corpus Christi and Palacios logged 83. Early morning lows dipped to 59 at Marfa, with Dallas Galveston Abilene and Laredo reaching near 70. No rain expected outside Panhandle and South Plains showers.
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Wyo
Washington
Yugoslavia Hints at Informal Defense Talks With Greece and Turkey
Belgrade May 5 Yugoslavia signals growing willingness to discuss mutual defense with Greece and Turkey within UN framework. Tito government remains wary of a formal pact, fearing Italian interference and craving practical arms aid. Politika praised talks and urged equal arm clarifications under UN principles.
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Belgrade
Yugoslavia
Balkan
Greece
Turkey
Marshal Tito
Tito
Italy
Trieste
Politika
Athens
Alsn
Why BC Relieves Headache and Neuralgia So Quickly
A vintage ad touts BC tablets and powders as fast relief for headaches neuralgia and minor pains. It claims seven active ingredients provide potent relief and urges immediate purchase of tablets powders and family-sized bottles at 10 25 cents and larger sizes.
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