Inflation debate and savings gains frame markets
Federal Reserve Chairman Martin said savings are increasing and the economy may level out with potentially easing interest rates. The July consumer price index rose again, triggering wage pressures, while the New York Fed raised its discount rate to 3.2 percent. Trade unions and automakers clashed over inflation, stock markets fell for a fourth week, and layoffs persisted at several manufacturers.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Martin
Canterbury
Bureau of Labor Statistics
New York Federal Reserve Bank
Cleveland
Fed
New York Bank
Walter Reuther
United Auto Workers
Harlow Curtice
General Motors Corp
Reuther
Curtice
Washington
Senate
Sen
Kefauver D-Tenn
General Electric
Rockwell Spring & Axle Co
Kelsey Hayes Co
Bell Aircraft
Westinghouse Electric
Venturi Opens Milwaukee Open Lead With 66
San Francisco's Ken Venturi shot 66 to sit 4 under par at 134 leading the Milwaukee Open by one stroke after the second round. Heavy winds gusting to 40 mph and rain challenged players as Balding, Cleary, Whitt, and Ford posted strong scores in a wind-swept course.
MENTIONED IN THIS ARTICLE
Chuck Capaldo
Milwaukee
San Francisco
Ken Venturi
Bob Rosburg
Don Whitt
Alameda
Canada
al Balding
John Cleary
Hartford Conn
Sam Snead
White Sulphur Springs
W. Va
Howie Johnson
Houston Tex
Mike Souchak
Grossingers N. Y
Doug Ford
Mahopac N. Y
Cary Middlecoiff
Dallas
Paul Harney
Orioles Boss Tests Shuttle Pitchers for Win
Baltimore manager Paul Richards weighs a shuttle system where pitchers Zuverink and Lehman alternate between first base and the mound to counter the platoon edge. The plan would use both relievers in one game, switching with hitters at the plate.
MENTIONED IN THIS ARTICLE
Kansas City WI
Paul Richards
Baltimore Orioles
Orioles
Bob Boyd
George Zuverink
Ken Lehman
Zuverink
Lehman
Richards
Visitor Stokes Flair as Court Hybrid Opens in Madison
A visitor during public tours of Madison Wisconsin’s new combined city hall and county courthouse stole the judge’s gravel. The incident occurred during the opening of the facility and drew attention to security measures.
MENTIONED IN THIS ARTICLE
Madison, Wise
Madison
Daily Across Clues Solve a Classic Puzzle
The puzzle lists across clues with answers for man many small words. It fills a grid by intersections including entries such as great ly and city in Nebraska. It references a fable writer and other common crossword terms like sodium symbol and pocketbook.
Crossword clues puzzle fragment with scattered answers
A crossword snippet lists numbered clues across many entries with partial solutions and errors. Entries include terms like Cup edge, Half ems, Inland sea and others, with scattered language such as Asia scenes of action and affirmatis reply, plus several broken words and missing letters for yesterday’s answer.
MENTIONED IN THIS ARTICLE
Asia
Virginia Localities To Split Profits From Liquor Sales
The Virginia Alcoholic Beverage Control Board announced 1957 liquor profits totaled 16,232,165 dollars. The state general fund receives 750,000 dollars, the remainder shared among state and local authorities. Localities split 10,321,444 dollars per capita, based on 1950 population.
MENTIONED IN THIS ARTICLE
Richmond
Virginia
Virginia Alcoholic Beverage Control Board
Palance Wife Sues for Separate Maintenance
Mrs. Virginia Baker Palance, former stage actress and wife of actor Jack Palance, sues for separate maintenance alleging beating habitual intemperance and adultery. She seeks $4,500 monthly support for herself and $1,000 monthly for each of their three children. the couple wed in New York in 1949.
MENTIONED IN THIS ARTICLE
Los Angeles
Jack Palance
Virginia Baker Palance
New York
Identification Of Bodies In Nottoway Woods
The Virginia state medical examiner expects 7 to 10 days to identify the remains of two people found in Nottoway County woods. Skulls and bones were found with a .22 rifle. one skull has three bullet holes and the other one. Police suspect Otto Bradshaw, 28, and Alice Tee, 14, who disappeared September 12, 1955, after Bradshaw wounded a deputy during a suspected case of contributing to the delinquency of a minor.
MENTIONED IN THIS ARTICLE
Richmond
Nottoway County
G. T. Mann
Nottoway
Otto Bradshaw
Alice Tee
Bradshaw
Wet Weather Forecast Across Broad Regions Today
Showers and scattered thunderstorms were anticipated in many areas as a disturbance over the Great Lakes shifts east. Rain fell overnight in the mid Mississippi Valley and lakes region with Illinois seeing near an inch. Florida reported thundershowers widespread to the South Carolina coast. a belt covered Arizona New Mexico and southern Colorado Utah. Cooler readings followed in the upper Mississippi Valley and Central Plains with mornings in the 50s and 10 to 20 degrees cooler than yesterday.
MENTIONED IN THIS ARTICLE
Associated Press
Great Lakes
Mississippi Valley
The
Lakes
Illinois
Florida
South Carolina
Arizona
New Mexico
Colorado
Utah
Midwest
North Atlantic Coast
Ohio Valley
Arkansas
Gulf Coast
South Atlantic Coast
Rockies
Plateau
Central Plains
Kansas
Holland Main Speaker at Bethel Memorial Service
Howard A. Holl and of Shenandoah Valley Bank will be the main speaker at the 19th annual Bethel Baptist Church memorial service near Millwood. The 11 a.m. service will be followed by a noon picnic lunch, with A. Mackay-Smith presiding and Rev. Paul E. Reiter in charge of the 2 p.m. services open to all denominations.
MENTIONED IN THIS ARTICLE
Millwood
Howard A. Holland
Shenandoah Valley Bank
Bethel Baptist Church
A. Mackay-Smith
Paul E. Reiter
Boyce Baptist Church
Talks Resume In Bid to Avert Telephone Strike
Negotiations between Western Electric and the Communications Workers of America resume in New York to avert a threatened strike by 23 000 technicians in 45 states and the District of Columbia. The contract expires at midnight tomorrow and the union has authorized a strike by a 10 to 1 vote. The union seeks a 22 cent hourly package while current wages range from 1 39 to 2 38 per hour.
MENTIONED IN THIS ARTICLE
New York
District of Columba
Western Electric Co
Bell System
Communications Workers of America
Joseph E. Dunne
CWA
Dunne
Joseph A. Beirne
Beirne
Montana
Maine
New Hampshire
Vermont
Massachusetts
Governor resolves radio mix up over Fargo and Pierre
Correction from the top: Governor Joe Foss clarifies a jet pilot’s confusion about Fargo North Dakota versus Fargo South Dakota. While en route Brookings to Pierre the pilot radioed about refueling over Fargo. Foss interrupted and informed him that Fargo is in North Dakota. The pilot apologized saying he had lost his head.
MENTIONED IN THIS ARTICLE
Pierre
S. D
South Dakota
Joe Foss
North Dakota
Brookings
Fargo
Suburban Man Chooses Virginia Jails Over Pennsylvania
William Cornelius, 30, of Holingon Bucks County, faced extradition in Philadelphia for armed robbery and bad checks. Sheriff Chittum of Lexington Virginia appeared with papers. Cornelius, released Thursday after three months for bad checks, initially refused the bad check count but consented to extradition after remarks from Judge Oliver.
MENTIONED IN THIS ARTICLE
Philadelphia
Virginia
Pennsylvania
William Cornelius
Holicong
Bucks County
L. Stauffer Oliver
William B. Chittum
Lexington
Cornelius
Oliver
Commonwealth of Pennsylvania
Four Hurt When Ships Collide Near San Diego
Four sailors were injured and one was reported missing after a collision between the USS Lenawee and USS Wantuck about 180 miles west of San Diego during a night convoy exercise. The Wantuck sustained damage to its forward engine room and decks and remained afloat under tow. The Navy did not declare any vessel in danger of sinking.
MENTIONED IN THIS ARTICLE
San Diego
Calif
Lenawee
Wantuck
Floridan
Creel
Navy
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By William Ferris
Singer Sewing Center
Loudoun St
Juan
Fable Writer
Sodium
Body
Sweater
Anxious
Lily
Mail
Neptune's Steed
Goes
Howl
Crown
Afr
Fuss
Carl Melanese
Carl
Wife Sues Palance
Holland
Bethel
Cutright Insurance
Agency
Stephens City, Va
General Insurance
Parley E. Cutright
Pauline H. Cutright
Joseph Smith
New York State
Shenval Checking
Shenandoah Valley National Bank
Winchester
Member
Federal Deposit Insurance Corporation
Miller
Thermos
Miller's Hardware
N. Loudoun St
Chevrolet
America
R. J L. Polk & CO
Chevrolet Task Force
EBM