Bonds Hold Tight Money Hit U.S. Debt Markets
The piece describes a prolonged tight money period into 1957 with higher interest rates and shrinking loan funds. It notes steep second-half declines in U.S. government and corporate bonds in 1956, driven by rising discounts and the Fed’s rate increases. It cites harsher costs for schools and local governments and a looming $72.5 billion refunding task for 1957.
MENTIONED IN THIS ARTICLE
U.S
Associated Press
Federal Reserve Board
William McChesney Martin Jr
Federal Reserve
New York State
U.S. Treasury
Treasury
Pope Pius XII Blesses 20 000 From St. Peter’s Square
In Vatican City Pope Pius XII blessed 20 000 worshippers at noon in St. Peter’s Square. Foreign tourists and U S armed forces on leave joined the crowd as the pope appeared at his window to chants of viva il Papa. He earlier broadcast a world peace message urging unity against Soviet threats.
MENTIONED IN THIS ARTICLE
Vatican City
Pius XII
St. Peter's Church
U. S
Pope
Vatican
Rome
Vatican Radio
Marcantonio
Carlo
Giulio Pacelli
SRK Shop Moves to Pima Building in Tucson
The S R K men's shop will relocate from the Westerner Hotel to the Pima Building on March 31 occupying 6000 square feet including 2000 square feet in the basement and two thirds of the ground floor. Architect William Wilde will design the interior and plans include new departments and a University Shop in S A E. Ronald Kaufman and Tave Kaufman will run the new divisions. S A K has 16 years in Tucson and was formerly in the Santa Rita Hotel.
MENTIONED IN THIS ARTICLE
Westerner
Pima
Sam R. Kaufman
William Wilde
Kaufman
Ronald
Tave
University of California
Air Force
Tucson
Santa Rita Hotel
Also Mentioned on This Page
Citizen
Priscilla Lopez
Priscilla
Gilbert Lopez
W. Alameda St
Menlo Park School
By Warren Bennett
Sonotone
B. F
Pope Pius
SRK
Pennington
Bermuda
Dial
Tucson Fertilizer CO
Baum & Win
N. Stone
Park & Speedway
C.O.D
Stone
S.R.K
EAGLE
Fashion Park
Pacimie
Malcolm Kenneth
Frescotta
McGeorge
Chester Berry
Jackman
Bruce Douglas
Jayson
Disney
Excello
Forstmann
Bernhard Altmann
Block Frere
Robel
Johnston & Murphy
Stacy Adams
Mallory Lot
Park & Shop
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!