Governor Stanley Vows Continued Bond Support for Virginia Schools
Governor Stanley announced the State Retirement System will continue investing in Virginia local school bonds in proper cases. He said the debt commission and Treasury Board, along with the retirement system trustees, agree to assist localities in marketing bonds at fair rates and noted this as a continuation of past policy since 1950.
MENTIONED IN THIS ARTICLE
Richmond
Stanley
Virginia
State Commission
Treasury Board
Debt Commission
Retirement System Board of Trustees
Gover
State retirement system reports bond holdings and assets
The system owns about 16.447 million in various bonds and will purchase 3.725 million more. Since July 1, 1955 it has bought 6.415 million in rock bonds. Total assets reach 85 million with 47.438 million in federal bonds 29.587 million in municipal bonds and 7.975 million in corporate bonds. New contributions and investment earnings range 4 to 8 million, with the governor noting funds stay invested and not idle.
Two Cars Collide West of City One Overturns
A morning crash on U S Rt 50 about 312 miles west of Winchester left one car overturned. State Trooper J W Detrick logged a total loss for the 1952 Dodge driven by Mrs Lucille Lake Mt Falls Rt and $50 damage to the 1949 Chevrolet driven by Mrs Leona Hesley Rt 2.
MENTIONED IN THIS ARTICLE
U.S. Rt. 50
Winchester
J. W. Detrick
Lucille Lake
Mt. Falls Rt
Leona Hesley
Rt. 2
Stewart Castleman
Jaycees Begin Hungarian Relief Drive Tonight
Winchester Junior Chamber of Commerce members will canvass the town starting at 6 30 p m collecting goods for Hungarian relief. Jaycees Ette members phoned residents asking for donations and porch light signals show willingness to give. Goods gathered will be shipped to Hungary as part of a nationwide J C C project.
MENTIONED IN THIS ARTICLE
Winchester Junior Chamber of Commerce
Jaycees-ettes
Junior Chamber of Commerce
Hungary
Bethlehem to acquire Youngstown Sheet and Tube in merger
Bethlehem Steel Corp plans to buy Youngstown Sheet and Tube Co in exchange for Bethlehem stock. Justice Department Chief Herbert Brownell said the department will seek to block the consolidation in federal court promptly.
MENTIONED IN THIS ARTICLE
Justice Department
Bethlehem Steel Corp
U. S Steel
Youngstown Sheet and Tube Co
Bethlehem
Youngstown
Washington
Atty
Herberr Brownell
NATO Warned to Be Prepared For Revolt in East Germany
NATO ministers warned of a possible East German revolt against Moscow if Hungary style uprisings spread. West Germany feared difficulty restraining West German aid and border crossings. Dulles urged adherence to UN principles and moral pressure while Bonn sought allies’ counsel.
MENTIONED IN THIS ARTICLE
NATO
East Germany
Paris
West Germany
North Atlantic Council
Hungary
Moscow
Heinrich von Brentano
von Brentano
Konrad Adenauer
Bonn
Otto Grotewohl
U. S
State Dulles
Council
U. N
Dulles
Free World
Gaetano Martino
Britain
France
United States
Selwyn Lis d
Christian Pineau
New Corn Control Vote Defeats Benson Plan
Farmers in a designated area rejected the new corn control program favored by Secretary Benson and kept the 1933 old plan amid political debate. Other referendums upheld tight federal marketing quotas for upland cotton extra long staple cotton rice and peanuts to curb surpluses.
MENTIONED IN THIS ARTICLE
Washington
Secretary of Agriculture
Benson
Congressional
Sen
Humphrey
D-Minn
Life insurance benefits total $974 million in early 1956
Payments to American families from life insurance policies reached 974.2 million dollars in the first two months of 1956, reflecting strong consumer protection and policy payouts.
Also Mentioned on This Page
W. H. Ligon
Medical Arts
Bidg
Braddock &J
Jaygee
Shenandoah Valley National Bank
Strong
Member
Federal Deposit Insurance Corporation
Bu. Basket
Express
H. W. Butler & Bro., Inc
Wyck Street
Winchester, Va
Jaycees
Steel Companies
New York
Turkey
Atus
Ness
Ellis Poultry Farms
Winchester Stores
Winchester Retail
Penney’s
Penney
Shop Penney’s
P.M
Virgin Dacron
Dupont
Dacron
Dupont Company
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