Cheaper Money Seen Coming Across Financial Front
The AP reports cheaper borrowing costs in the United States as prime rates fall, potentially revitalizing business this fall. Experts warn mixed outcomes including possible gold outflow and inflation risk, with U.S. funds flowing abroad to Europe and Treasury gold reserves dropping by 300 million dollars in six weeks.
MENTIONED IN THIS ARTICLE
AP Business News
New York
United States
Europe
Federal Reserve Board
West Germany
Switzerland
U.S. Treasury
U. S
India's First Super Movie Production Opens in 150 Theaters
NEW DELHI India a landmark super production opened this month in 150 theaters across the country signaling possible shifts in the worlds second busiest film industry Mughal e Azam The Great Mogul features black and white color sequences a cast of over 8000 and 4060 horses director Karim Asif claims a cost of 12500000 rupees 3636000 dollars The film began in 1944 and faced funding delays before completion after eight years with help from Shapoorji Pallonji Mistry and a lavish Sheesh Mahal set
MENTIONED IN THIS ARTICLE
New Delhi
India
Super’ Productions
Karim Asif
Asif
Shapoorji Pallonji Mistry
Bombay
Sheesh Mahal House of Mirrors
Akbar
Princ Salim
Federal Reserve Signals Rate Cuts to Spur Borrowing
The Fed plans to drop the bank prime rate by two cuts and make 600 million dollars in bank reserves available to member banks by Sept 1 to encourage lending for new equipment, plants, and home building. Banks have been slow to follow due to falling deposits and shrinking loans, leaving lending near capacity.
MENTIONED IN THIS ARTICLE
Federal Reserve
Real Estate Transfers Near Winchester Highlight Local Deals
A long list of property transfers is reported around Winchester, including Holmes D. Smoke and wife selling land on Virginia Route 600, Wilde Acres subdivisions conveying multiple lots, and the City of Winchester transfers at Miller Street and Courtfield Avenue. Purchasers include families, corporations, and individuals such as Paul D. Plumly, Elizabeth Rosenberger, and Leon R. Mitchell, with properties spread across Back Creek and Shawnee Districts and notable routes like U. S. Route 11 and Route 50.
MENTIONED IN THIS ARTICLE
Earl L. Fout
Roy L. Rudolph
Winchester
Myers Ave
Holmes D. Smoke
Wilbur L. Sendoya
Back Creek
Winchester Development Corp
Paul D. Plumly
G. L. Fultz
Jefferson P. Shobe
Katie M. Chapman
Elizabeth C. Rosenberger
Glaize Ave
Malden Real Estate Corp
Paul Frederick Hamman
Plainfield Drive
Kernstown
Marshall D. Williams
Helen B. Williams
Shawnee
Harry G. Myers
Loring W. Waters
Bellview Ave
Wilde Acres, Inc
Dwight E. Howard
Wilde Acres
William H. Butler, Jr
Harry B. Hartman, Jr
Burning Knolls
Paul Myers
Henry W. Boyce
Richard L. Hawkins
Dicks Hollow Road
Charles Oscar Coates
Stuart M. Perry
W. R. Graham, Jr
Ashton Drive
Stonewall
Dabney W. Watts
Clyde L. Hershman
Parkway Subdivision
Verle A. Ruddell
J. Frederick Larrick
Enos Carnes
Opequon
U. S. Roud
Middletown
City OF
William C. Beatty
Lucy H. Farley
Miller St
Henry T. Goode
Leon R. Mitchell
Courtfield Ave
Clifford St
Shockey Bros. Inc
Ferman W. Perry
Hawthorne Acres
Stephen Rosenberger
John V. Eddy
Groundwork Laid For Integration In Southwest Va
In Roanoke AP report Judge John Paul ordered admission of 15 to 16 Negro students to Galax and Grayson Floyd counties schools, outlining rights and noting lack of local Black high schools. He kept Roanoke cases pending and set Sept 9 for Roanoke injunction response while Roanoke tests continue. Patricia Creighton took a 16th birthday driver’s test in a 1926 Rolls-Royce.
MENTIONED IN THIS ARTICLE
Roanoke
Virginia
John Paul
Harrisonburg
Galax
Floyd
Grayson
Paul
Grayson Counties
Floyd County
Franklin County
Galax High
Grayson County
Independence High School
Oldtown
State
Roanokes
Ted Dalton
General Assembly
Denver
Patricia Jean Creighton
Transfers Of Several City Properties In W Cork Street Area
Farmers and Merchants National Bank as executors of Eulalie Walters estate transfer 717 South Stewart Street to Luther T Conner and spouse for 17900 dollars. Frank Clevenger and spouse transfer 1012 South Cameron Street to Lewis A Hudson and spouse. Bennett W Russell and spouse transfer 623 Watson Avenue to H K Larrick.
Comic’s Castoff Clothes Go to Student and Valet
Hollywood gossip notes Jerry Lewis spends up to 100000 dollars yearly on wardrobe. A freshman and a former Negro valet each wear his castoffs, while Lewis’s designer Sy Devore explains the wardrobe’s impact on their lives and careers.
MENTIONED IN THIS ARTICLE
Hollywood
Jerry Lewis
Sy Devore
Lewis
Jerry
Tony Curtis
Sammy Davis Jr. Devore
Newark
N.J
Commute By Air Limousine To NYC From River Edge
An eight member car-pool club in River Edge New Jersey uses a used luxury car as an air limousine to commute daily to New York. Each member pays 25 dollars per month, replacing five cars and offering a cost similar to bus or subway fares. The piece notes Texas has 254 counties.
MENTIONED IN THIS ARTICLE
River Edge
N.J
New York
Also Mentioned on This Page
Dawson
Carper
R. T. Bryarly
General Insurance
Rowse Ave
Anderson’s Meat Market
N. Loudoun St
VEAL
Hansbrough & Carter
John
L. Glaize
William L. Perry
Earl L. Mason
N. LouDoun
Travelers Pro
Elers
Tarmersm Merchants
Everybody's Bank
Federal Deposit Insurance Corporation
Lawrenceburg
Ind
J. W. Arthur Inc
Frederick County
Southwest
ROYAL
B . Solomon Axa Sheba
Zani
Techircolor
Qng
VIDOR
George Sanders
Marisa Pavan
Iin Rat
Ted Richmond
KING
Anthony Veiller
Paul Dudley
Beorge Bruce
Ay Crane Walbur
Ain
Pine Family
SEARS
Joel McCrea
Ruien Varw
Pean Stocawail
Sayonara
Msvaanes
Ken E. Smith
Echo Village Drive
U.S. 11
Ade
Us. Rt
Stephens City
Joseph E Levine
Jack the Ripper
Robson - Steiger
Collis
John Deere ‘L’ Spreader
John Deere
Ernest Areshis
Orchard Service
N. Loudoun St. Winchester
Hable
Columbia Pictures
Texas
Elia DP
Shastison
Phaduine
Naples
Wash
O’neill
T. H
Jack Lemmon
Shirley Maclaine
Fred Macmurray
Vane
Ldrive
An Are Starring
James Bos
Eewort
Alan Hale
Connie Hines
John Gentry Wide Screw
Jaanists
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