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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
May 06, 1948
Page
7
New York bankers foresee higher costs for short term loans as the U S Treasury may lift the one year rate. Prime commercial paper could move from 1 to 2 percent if the Treasury increases the rate, with some predicting an announcement by mid month or mid year.
Andrew Jackson secured the nomination at the United States first national party convention held in 1832 marking a pivotal political event. The convention formalized support for Jackson as a leading figure in the emerging party system.
59 year old Ciacomo Mangini is committed to Matteawan State Hospital for the Criminal Insane after being charged with first degree manslaughter in the fatal slashing of his landlady. Supreme Court Justice George H. Rowe signed the order yesterday.
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