Fed Cuts Discount Rate To 5 1/2 Percent In 1968 Move
President Johnson welcomed a modest Federal Reserve discount rate cut from 5 1/2 to 5 3/4 percent. The action aims to ease money costs for banks, support homebuilding, and temper inflation amid a gradual return to normal after earlier dollar pressures. The move signals alignment with tighter fiscal restraint and decreased Treasury financing needs.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Johnson
Fed
Board of Governors
Federal Reserve Banks
Treasury
Minneapolis Federal Reserve Bank
Minneapolis
Federal Reserve
Incumbents Favored in Louisiana
Louisiana voters head to the polls to choose the Democratic nominee for the U.S. Senate and seven of eight House seats. Incumbent Senator Russell B. Long leads a favored slate as light turnout is forecast, with possible close races in two congressional districts. Three Black candidates seek Democratic nominations, while Republicans contest one House nomination.
MENTIONED IN THIS ARTICLE
New Orleans
Louisiana
U.S. Senate
House of Representatives
Russell B. Long
Nine year old wins pie eating contest at state fair
Kevin Boehme of Taylorville won the cherry pie eating contest at the Illinois State Fair. He finished fastest and afterward revealed he does not like cherry pie and would have preferred apple pie.
MENTIONED IN THIS ARTICLE
Springfield
Kevin Boehme
Taylorville
Pacific Carolines Natives Sell Giant Clam Shells
Natives of the Pacific Carolines conduct a bustling trade supplying giant clamshells to shell and curio collectors.
MENTIONED IN THIS ARTICLE
Pacific Carolines
Shell
Blue Ridge Field Trip Led by Geographers Tour
Wilbur S. Johnston of Winchester will join nine tours as a Blue Ridge Field Trip leader for the Association of American Geographers annual convention to be held Monday through Thursday at the Shoreham Hotel in Washington D C. The August 20 trip will visit Harpers Ferry Charles Town Berryville Winchester the Valley Pike to Strasburg Front Royal part of the Skyline Drive Upperville and Middleburg with a lunch hosted by Shenandoah College. About 75 professionals including department chairmen professors teachers planners cartographers and government geographers will participate to study the region’s economic historical and physical geography.
MENTIONED IN THIS ARTICLE
Wilbur S. Johnston
Winchester
Blue Ridge
Assocition of American Geographers
Association
Shoreham Hotel
Washington, D. C
Harpers Ferry
Charles Town
Berryville
Valley Pike
Tight security area set around Democratic convention venue
A mile square security zone around the International Amphitheatre in Chicago will restrict access to convention credentials only. The area runs from Halsted Street to Ashland Avenue and from 39th to 47th Street, replacing a previously planned smaller perimeter. Democratic Chairman John M. Bailey praised staying in Chicago as preparations proceed amid ongoing electrical workers disputes.
MENTIONED IN THIS ARTICLE
Chicago
International Amphitheatre
Halsted Street
Stockyards
Ashland Avenue
39Th Street
47Th Street
John M. Bailey
Bailey
Ilinois Bell Telephone Co
Rescuers Aid Two Girl Scouts on Rattlesnake Mountain
A Pennsylvania couple saved Connie Manville and Mitzi Ruel after they were stranded on Rattlesnake Mountain. George Carson lowered his wife to grab the girls wrists and then pulled them to safety. Graveside services were held for Mary Fegan in San Diego after she died at 105.
MENTIONED IN THIS ARTICLE
Holderness, N.H
State Conservation
George Carson
Windsor
Connie Manville
Center Harbor
Mitzi Ruel
LA Jolla
Calif
Mary Fegan
Nebraska
California
Fegan
San Diego
Final Music Fete Tomorrow in Shenandoah Valley Festival
The final performance of the Shenandoah Valley Music Festival is set for tomorrow at 8 30 p m in the Massanutten Academy auditorium. The 95 piece Festival Orchestra under Dr Richard Lert and Phillip Spurgeon will open with the Egmont Overture and Beethoven Emperor Piano Concerto.
MENTIONED IN THIS ARTICLE
Woodstock
Massanutten Academy
Richard Lert
Phillip Spurgeon
Beethoven
Haydn
Brahms
Till Eulenspiegel
Richard Strauss
Alfonso Montecino
Montecino
Claudio Arrau
Raphael de Silva
Europe
South America
Copyright term for published literary works
The copyright on published literary, dramatic and musical works lasts for fifty years after the death of the author, aligning with standard aging rules for protected works. This duration applies to original creations irrespective of medium and is subject to statutory exceptions and renewals where applicable.
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Evening Star
LBJ
America
National Pizza Company
Liberty St. Louis
Missouri
Mr. Arthur
Shenandoah College
Johnston
Association of American Geographers
Handley High School
Winchester Evening Star
Edith May Whitmore
Arlington
Virginia
Newport Beach
C. M. Christensen
Newport Beach” Harbor
Christensen
Wilburns, Johnston
South Pole
North Pole
Russia
Elk’s Lodge
Police Park Sun
Immediate Families
Dr Pepper
Dr Pepper Bottling&Co
Ake A
Dr. Pepper Bottling Co
Winchester, Va
Squires
Direct
Lamar Sloan Ford
Valley Avenue