Money Squeeze Returns Money Squeeze Returns
The Federal Reserve Board reversed its recession policy and tightened money by raising the San Francisco discount rate from 1% to 2% effective today. The move signals tighter credit and boosts rates, with banks holding ample reserves cushioning immediate lending impact, while markets react with selling on the Pacific Coast Stock Exchange.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
San Francisco Reserve Bank
Federal Reserve
Reserve
Reserve Board
San Francisco
Reserve Bank
Herman N. Mangels
Pacific Coast Stock Exchange
Funeral services for Charles Bernard Gleastine in Hermleigh
Charles Bernard Gleastine 81 longtime Hermleigh resident died this morning in Snyder Clinic Hospital. Funeral at 3 pm Saturday at Hermleigh Methodist Church with Rev. James Futch, Rev. Clesby Patterson and Rev. R L Stuckey officiating. Burial in Hermleigh Cemetery. Survivors include wife Joelle, daughter H M Lomax, granddaughter Mrs Wayne Denson, and three great grandchildren Linda Jo Denson Carla Wayne Denson and Benjie Eugene Denson. He was a member of the Methodist Church and Woodmen of the World.
MENTIONED IN THIS ARTICLE
Charles Bernard Gleastine
Hermleigh
Hermleigh Methodist Church
Gleastine
Snyder Clinic Hospital
James Futch
Forsan Methodist Church
Clesby Patterson
R. L. Stuckey
Hermleigh Baptist Church
Hermleigh Cemetery
Bell Funeral Home
Joelle Gleastine
H. M. Lomax
Wayne Denson
Linda Jo Denson
Carla Wayne Denson
Benjie Eugene Denson
Methodist Church
Woodmen of the World
Jo Ella Gibbs
Hilton
Tex
Gatesville
Plane Crash Off Ireland Kills 99 People
The Dutch airliner bound for New York vanished in a violent Atlantic storm near Galway Bay. By noon 35 bodies were recovered as 12 ships scoured a four mile debris field with life jackets ripped apart. Authorities expect no survivors and investigate a possible on board explosion.
MENTIONED IN THIS ARTICLE
Shannon
Ireland
Atlantic
Crusader
Galway Bay
KLM
Amsterdam
New York
Gander
Nld
F. A. E. Roelofs
Royal Air Force
le Clerc
B. P
Keith McDonald
Little Change Due In Texas Weather
The Weather Bureau forecast for Aug 15 20 shows East and Central Texas with near normal temps and minor changes, with scattered thundershowers bringing moderate to locally heavy rainfall. West Texas expects 2 to 5 degrees above normal with little precipitation except for a few widely scattered thunderstorms.
MENTIONED IN THIS ARTICLE
Dallas
The
Weather Bureau
Texas
West
Snyder
North Central
South Central
East
West Texas
Arms search in Amman refugee camps sparks curfew
Police and soldiers raided the two largest Palestine refugee camps in Amman searching for arms. About 140 people were detained for questioning and blasting powder found in one camp. Curfew was imposed and later lifted as security units increased.
MENTIONED IN THIS ARTICLE
Reinholdensz
Amman
Jordan
Hussein
U.N Relief Agency
Nablus
Jordan-held
Palestine
Tax Increase Still Possible as Deficit Cuts Sought
Secretary of the Treasury Anderson told Senate Finance Committee that a tax increase remains a possible tool to reduce large budget deficits and curb inflation. He said no tax recommendations are ready, while the panel considers raising the debt limit from 275 billion to 985 billion with a temporary 288 billion ceiling.
MENTIONED IN THIS ARTICLE
Washington
Anderson
Eisenhower calls surrender talk ridiculous amid Senate clash
President Eisenhower denounces reports of a surrender study as nonsense and vows no funds will be spent. Senator Russell pushes a rider to block any surrender contract as debate swells on the Rand Corp study that sparked the controversy.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
United States
James C. Hagerty
Senate
Richard B. Russell
D-Ga
Armed Services Committee
Hagerty
Russell
Senate Armed Services Committee
White House
Pentagon
Rand Corp
Rand
Air Force
Western nations back Norwegian plan on Hammarskjold Middle East role
Western diplomats report support for a Norwegian plan placing Dag Hammarskjold in a leading role to advance Eisenhower Middle East proposals. The plan calls for UN secretary general to safeguard Lebanon and Jordan independence, study an economic foundation, and consider a mobile peace force with a Sept. 30 report to the General Assembly.
MENTIONED IN THIS ARTICLE
Max Harrelson
United Nations
N. Y
Dag Hammarskjold
Eisenhower
Middle East
Norway
U.N
Lebanon
Jordan
U.S
Hammarskjold
Assembly
Hammarskould
Pedestrian Safety Award Highlighted by City Meeting
Scurry County has recorded 75 traffic deaths outside the city limits over the past decade in 62 accidents, with 651 injuries in 362 crashes and $595 525 in vehicle damages. The program featured Snyder Chief Travis Steele receiving a AAA pedestrian fatality award and Texas DPS official Ben Walker discussing DWI laws and chemical testing proposals.
MENTIONED IN THIS ARTICLE
Travis Steele
Snyder
American Automobile Association
Rotary Club
Paul Allen
Texas Highway Patrol
Rotary
Ben Walker
Department of Public Safety
Lee Watson
Scurry County
Allen
Abilene
Texas Department of Public Safety
Texas
Walker
Monaco Rumor Spurs With Grace Expecting Return
Rumors sweep Monaco and the French Riviera that Grace, consort to the ruling prince, is again expecting a child, fueling speculation across the principality and neighboring coast as a new birth rumor circulates.
MENTIONED IN THIS ARTICLE
Monte Carlo
Monaco
Principality
French Riviera
Zapas Denies Any Hot Money Talk in Senate Hearings
Gus Zapas an Indianapolis Teamster official and former convict denied in the Senate hearings that he discussed with two Chicagoans in 1953 the removal of hot money stolen money or kidnapped money. Kennedy said the ransom case involving Robert Greenlease remains unsolved and that more details may surface later. A second witness, Joseph Wood, testified Probstein sought help after a dangerous mission was contemplated.
MENTIONED IN THIS ARTICLE
Washington
Gus Zapas
Indianapolis
Senate
Robert F. Kennedy
Robert Greenlease
Kansas City
Kennedy
Nedy
Zapas
Dave Probstein
Teamsters
James R. Hoffa
Indianapolis Teamsters
Joseph G. Wood
Probstein
Youth Admits Firing Shot in Boyd Police Chief Case
Wise County Sheriff says 21 year old Joseph Earl Henderson of Boyd signed a statement admitting he fired at Boyd police chief Lee Cockrell. Henderson says the chief shot him. police say patrolman A G Smith likely did. Assault to murder charges were filed against Henderson Warren Sauber and Orville Lee Peel. Cockrell survived after being shot three times and is recovering in a Fort Worth hospital.
MENTIONED IN THIS ARTICLE
Fort Worth
Wise County
Rook Ramsey
Star-Telegram
Joseph Earl Henderson
Boyd
Lee Cockrell
Ramsey
Henderson
Rangers
Jim Paulk
Lubbock
Cockrell
A. G. Smith
Decatur
Warren Sauber
Orville Lee Peel
Azle
Wise County Grand Jury
Ww. B Horn
Hot Weather To Continue Across Texas This Weekend
The Associated Press reports a dawn thunderstorm near Beaumont Port Arthur hinting at weekend weather across Texas. Skies are mostly clear inland with hot temperatures expected to persist. Daybreak readings ranged from 81 in Dallas to 64 at Junction, with highs Thursday reaching as high as 107 in Seymour and 104 in Wichita Falls and Presidio.
MENTIONED IN THIS ARTICLE
Texas Gulf Coast
Dallas
Junction
Seymour
Galveston
Wichita Falls
Presidio
Waco
Also Mentioned on This Page
By Frank Cormier
John Pennock
Marijke
Netherlands
Idlewild
U. S
Israel
U. N
Nasser
United Arab Republica
Solons
Ted
General Assembly
Britain
Ing
Associated Press
Beaumont-Port Arthur
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!