Treasury weighs higher rate to boost savings bonds
The Treasury considers raising interest on Series E and H bonds to revive sagging sales. Officials cite as problem investors balking at 3.1 percent returns while other outlets offer quicker, higher yields. With $57 billion held in bonds, a final decision awaits.
MENTIONED IN THIS ARTICLE
Washington
Treasury
U. S
Bank Statement Certification by H C Young Cashier
H C Young as cashier swears the bank statement is true to the best of knowledge. The document lists total capital accounts 235 267 28 and 163 500 00 total liabilities and capital accounts with assets pledged 66 500 00.
MENTIONED IN THIS ARTICLE
H. C. Young
R. A. Gillett
GI Bill for peacetime veterans eyed by Congress
Chairman Teague and Rep Ayres signaled hearings on a peacetime GI bill of rights for veterans who did not serve during Korea. They join a push in the 85th Congress for new benefits after World War II aided over 7.8 million. home loans and education costs ran near 12.5 billion before a 1956 cutoff for later service members.
MENTIONED IN THIS ARTICLE
Washington
D. C
Teague
Texas
House Veterans Committee
Ayres
Ohio
Treasury official signals ongoing homework on a matter
A Washington Treasury official says progress is being made with weeks of work ahead. A separate classified ad offers a wife’s Pekingese puppies for sale at a low price with a warning to hang up if a woman answers.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Capitol
Wisconsin Man Champion Liar of 1956
Burlington Wisconsin hears a humor tale as Al bert B Hopkins of Madison wins the 1956 Wisconsin Liars' Club gold plated medal with a yarn about hogs and gumbo in South Dakota. Ray C Burmeister of Wewaunee takes honorable mention with a Nebraskan Ohioan and Texan cremation joke.
MENTIONED IN THIS ARTICLE
Burlington
Wis
Albert B. Hopkins
Madison
Liars’ Club
Hopkins
South Dakota
Wisconsin
Ray C. Burmeister
Wewaunee
Fire Loss Tops Billion-Dollar Mark in 1956
Fire losses in 1956 reached 1.25 billion dollars, a 10 percent rise from 1955, with the California conflagration near Los Angeles burning about 50 000 acres and likely the year’s largest in area and cost. A unique five story stack of corncobs in Memphis burned from December 2 to Christmas Day.
MENTIONED IN THIS ARTICLE
National Fire Protection Association
Los Angeles
California
Memphis, Tenn
Pruning Knife Whittled for Federal Jobs
Washington report notes a proposal to cut federal civilian payrolls by ten percent. about 2.35 million civilians employed now, with economy-minded lawmakers aiming toward 2.0 million. House sub committee led by Rep Davis, with Rep Johansen influential, explores options opposing big government.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
Davis
Georgia
Johansen
Michigan
President Gets a New Car
The U S Secret Service replaced two 1938 Presidential escort limousines with new Cadillacs. The old cars known as Queen Mary and Queen Elizabeth logged about 140000 miles each and were kept up with annual engine replacements. The new convertibles seat eight, run 115 mph, and carry machine guns pistols and six armed agents for presidential protection.
MENTIONED IN THIS ARTICLE
Washington
U. S
Secret Service
Paul F. Wallace
St. Petersburg
Fla
United States
Whisky Tax Law Forcing Large Drainage Of Bourbon
Kentucky congressman Chelf says more than 40 000 gallons of eight year old Kentucky whisky will be poured out next month to meet tax rules. He warns the federal government will lose over 500 000 dollars in tax revenue due to the bond whisky tax payment timing at the liquor’s eighth birthday.
MENTIONED IN THIS ARTICLE
Washington
Kentucky
Chelf
Internal Revenue
Senior Citizens Get Reduced Admission On Show Tickets
In San Diego California pensioners over 75 will pay reduced prices at 10 movie theaters after outreach by 76 year old retiree Squire A Russell. The plan also applies to nearby zoo entry with no charge. Identity verification will be required.
MENTIONED IN THIS ARTICLE
San Diego
Calif
Squire A. Russell
Squire
San Diego Zoo
Dollar found in flour sacks sparks hoard of bills
In Ponca City a housewife finds a dollar in an empty flour can and phones the grocer to claim the flour company seeds more bills. Her 12 year old son laments that the money was where he hid his funds. A pickpocket laments retirement as he admits he cannot take theft any longer.
MENTIONED IN THIS ARTICLE
Ponca City
Okla
Spices of Life and Shortages in History Jokes
A collage of humorous vignettes and quotes about domestic service shortages and social quips. It recalls 1890s cook hijackings, a Blaine anecdote, a sergeant and rookie exchange, parish quarrels resolved by a vicar, and a New York ad man’s family fears. It ends with a tale of ill luck via a worn suit and two pairs of pants.
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