Gold Barometer Signals Nicer Dollar Amid Pound Storm
The gold flow has slowed and the dollar shows strength as gold holdings rise by 17.4 million in the week ending June 7, trimming the yearly outflow to 339 million. British pound weakness continues due to imports exceeding exports and reduced London funds inflows, despite past gold purchases by Britain.
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Great Britain
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Soviet peace plan rejected by Western allies
Washington reports Secretary Rusk says the United States rejects Khrushchev’s immediate peace conference on Germany. The memo restates prior Soviet proposals and West Berlin would become a free city under East German control. Adenauer and Brandt urged no conference without German reunification.
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Boy 14 Reports Baton Toss Led To Outage
Ventura California AP says Steve Hardina aged 14 announced quitting baton twirling after a high toss sent his baton into two 4 000 volt lines causing a 10 block blackout for an hour a grass fire and a radio station outage The teenager explained the stunt was meant to be circus like. Berlin AP mentions a continuation of the news sequence.
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Steve Hardina
Steve
Floor Debate Over New Methodist College Near Norfolk
Virginia Methodists moved into day two of their meeting in Virginia Beach as a $1.75 million college proposal near Norfolk faced floor debate. The plan, backed by the Christian Higher Education group, would fund construction from a $7 million statewide drive benefiting Methodist institutions. Opposition cited potential impact on existing colleges and fear of centralized church control through a larger General Conference delegation.
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Alan B. Shepard
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Jesse A. Engle
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Voting tally shows 2022 for and 1453 against in final count
The latest results indicate 2022 votes in favor and 1453 opposed, finalizing the tally on the measure. A clear margin emerges as supporters claim approval while opponents raise concerns about implementation.
One Bullet Wounds Two in Hunting Mishap
A hunting accident near Cairns North Queensland wounded two youths. Frederick Moody age 17 was struck by a discharged rifle that was lying on the ground. The incident remains under investigation by local authorities.
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Brisbane
Australia
Cairns
Queensland
Frederick Moody
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