davidaulloa/AmericanStories huggingface dataset:
The Key West citizen., 1954-12-07
The
World
Today
By JAMES MARROW

WASHINGTON R-There is a
fundamental difference between
Sen. Mccarthy (R-Wis) and the
late Sen. Huey P. Long (D-La).
Long was always for something.
Mccarthy has been steadily
against something.
Both men, emerging into nation
al prominence at a time when the
people Of the country were deeply
troubled, made careers for them
selves by latching onto the cause
of the trouble.
Long, arising in the depression,
was for sharing the wealth. Nc
Carthy, coming out Of obscurity
when the country was vastly dis
turbed by fears of Communist in
filtration, has been against COM
munism.
Both men had good-size, al
though minority, following. At the
time he was killed by an assas-
sins bullet in 1885, Longs follow
ing was increasing. There is evi-
dence McCarthy's support has de-
clined before the Senate con-
demned him last week for his con-
duct.
The contrast raises a question:
Can an American politician get a
majority following If his only
theme is being against something?
Mccarthy and Long both oper-
ated under the handicap of not hav-
ing q monopoly on their ideas at
the time they were proclaiming
them and trying to enlarge their
following,
Longs cure all for the coun-
try's economic 81 c knes s s
brought him more support, in spite
Of tactics others found offensive,
if the masses hadn't seen the
Roosevelt administration admins
tering an easier-to-believe remedy
with programs for more economic
security and work projects, sup
ported by taxes, which were
form Of wealth sharing.
If Long had lived to 1896 and
run for president his following
might not then have been large
enough to elect him. But it might
have cost President Roosevelt
enough votes to let the Republic
can nominee, All M. Landon, win.
Postmaster General James Farley
later said Long might have had the
balance Of power.
Mccarthy, like Long in the de-
preston days, had a ready audi
ence when he made his first big
bid for prominence with his Febru-
airy 1850 speech charging the State
Department was infiltrated with
COMMUNISTS. It got instant atten-
ton. Piling charge upon charge
has been his stock-in-trade ever
since.
At the time Mccarthy came
along the country was bewildered,
nervous and suspicious as result
of revelations and charges made
in the late 1s4os by congressional
committees and two self-confessed
ex-couriers for government spy
rings. Whitaker Chambers and
Elizabeth Bentley.
Although Mccarthy now calls
The Key West citizen., 1954-12-07
DO TRUMBULL AND THE MIAMI HERALD KNOW
WHAT GRAF AND REVERT MEAN2

One Stephen Trumbull who has pecked recprrentlv
at Monroe County in the Miami Herald pecked again
last Friday by exhuming that defunct and grab charge
In connection with Monroe Counans getting back what
belongs to them the Florida Keys acreage excluding
the right of way, in the Overseas Road District
Let's pump couple of questions at Trumbull. who
seemingly doesn't know the meaning of "grab" or re-
vert"
When take your wallet out of your pocket Trum-
bull, are you pickpocket?
Can one of Miami's choice corner lots srevertn to
you If you haven't modcum of ownership in it?
So how can this Overseas acreage much of it parks
and parkways, revert to the when it was bought
and paid for by the people of Monroe County?
You may point out with mie-long accusing finger
that the state owned the acreage at one time Assuredy
It did, and did the United States own it. and SO did
Spain and did the Seminole or the Carib Indians Why
not advocate that revert" to the Indians the original
owners SO far history records? Why leave out Monroe
County when the people of that county who bought
the acreage from the Florida East Coast Railway Com
pany?
How did Monroe Countans get the money to buy it?
BY putting lien their real estate including their
homes to borrow the money from the Reconstruction Fin
Corporation Alone they all ran the risk of having
date it required by the indenture and now you Tru-
bull, blare about revert to the state.''
Probably you and the Herald have little faith in
Acting Governor Johns but The Citizen believes you and
tne Heralu esteem comptroller Clarence M. Gay and
State Treasurer Edwin Larsen for their honesty and
conscientousness.
Those three men, comprising the State Board of Ad-
minraon know the truth and respect the truth about
what you characterize and grab" So what did they
do They approved unanimously the deed that the
acreage to the rghful owners, the people of Monroe
County Your revert apty and justly applies to them
You know, Trumbull, you stranger in these
parts, you'd think when you read the way the Miami dali
les refer the glamorous Florida Keys that they the
Keys, were sort of playground adjunct to Miami You'd
be safe in betting, Tumbul that many of the tourists
that stream down to beautiful Bahia Honda Park think
It belongs to Miami Incidenty, Trumbull Bahia Honda
Park free to the public whereas you to pay
TO go into Crandon Park up Miami way.
Just one more question, Trumbull. Up Miami way
we've often heard the remark miami and Florida" Has
that ever reminded you of what the late woodchopper of
Holland used to say when he emperor of Germany,
"Me und Gott"?
The Key West citizen., 1954-12-07
Burros Munich
Address Tags

CLEVELAND R-The Railway
Express Agency attached new
shipping tags to three little Mexi-
can burros and sent them on their
ways. The animals ate theI. oripi-
nal tags before they arrived in
Cleveland Union Terminal Sunday
night. 2
The express agency, which says
this happens every Christmas sea-
son, telegraphed the shipper in
Laredo, Tex. He replied that one
burro was bound for North Jack
son, Ohio; one for Oyster Bay,
N. Y, and one for Lexington, KY.
The Key West citizen., 1954-12-07
'DHSToCive
Fireworks Show

Douglass High School is sponsor
ing a fireworks display with 4
Christmas theme at High School
Athletic Field on the night of Dec
ember II a 500 p. m.
The fireworks exhibit will include
ground displays as aerial bursts.
These pyrotechnics viii be execut-
ed by the same company that put
on the halftime show during Dou-
glass Homecoming at High School
Field.
The exhibition on the night Of
December II win be an entirely
new and different display. The
group and aerial pyrotechnics for
this event viii have q definite
Christmas theme.
Douglass band viii be on hand
to give the evening q musical ia
vor.
The Key West citizen., 1954-12-07

Pierre lie Comete duNouy of Pa
ris, noted biologist and physicist,
will lecture tomorrow night at the
Jackson Square US0 on his exper-
;ences in 1.-TWO Years in Paris IN
der Hitler's Rule" 1t will start at
8 o'clock.
The Key West citizen., 1954-12-07
PEOPLES FORUM

The Citizen expressions iis read
ers but the editor the right delete any items which
are considered beous Unwaranied The writers shevd be
fair and eonns the 200 words write side
OF the only Signature Of HE writer accompany ihe
letters and will bs published unless rssvesssd ehsrwss
The Key West citizen., 1954-12-07

covered spy ring-or if he shifted
to some other program by being
for something that attracted .
mass following.
The Key West citizen., 1954-12-07
December 7. 1874

Jerome H. Dean, known to a
million baseball fans and several
million readers as "Dizzy" was q
visitor in Key West this morning.
He was accompanied by Mrs. Dean,
r. A. Slack, scout for the st. Louis
Cardinals, and Mrs. Slack.
The Key West citizen., 1954-12-07
December J. is44

Representatives of local civic or
ganizations, headed by Glenn c.
Price of the Rotary Club, last
night presented a resolution to the
county commissioners requesting a
beach be constructed along the
south shore.
The Key West citizen., 1954-12-07

H. C. Galley, president of the Key
West Country Club, announces that
this organization has decided to
give a charity ball at the club
house on December 22 which will
be for the benefit of many chill
dren in Key West and other unfor-
tunates who may not be provided
for in Christmas needs otherwise.
The Key West citizen., 1954-12-07

Pet skunks have been found to be
effective mousers.
The Key West citizen., 1954-12-07

In Turkey, turkeys are called
American birds"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10

progress in several other church.
es. they were allowed to
continue on promises they
would cancel future play.
Some 800 women were assem-
bled at Yeshiva SHARED Zedek
synagogue when police walked
in. Mrs. Sylvia Weinstein of
Brooklyn said cancellation was
made only after police threat
ened to arrest her and seize the
bingo equipment if play began.
The police department con-
sistently has winked at bingo
games conducted for charitable
purposes.
Wednesday night Inspector
Goldberg walked into a Knights
of Columbus hall and called OF
q game for 1000 women, then
halted other games at two
Roman Catholic churches and
an Evangelical and Reformed
Church.
Commissioner Adams told
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10

observing American life and
education.
Sponsors for the program are
the State and Welfare Depart
ments and the Foreign Opera
tons Administration.
Teachers from Germany, Ja-
pan. Finland. Italy. India. Mexi-
CO. Greece and IS other coun-
tries are among 800 visitors
under the, teacher education
program.
They will go in small groups
to Wayne University, Detroit;
Ball State College, Muncie, Ind. !:
Miami University, Oxford, Ohio;
the University of Wisconsin,
Madison: University of Buffalo,
Buffalo. N. Y; University OF
Florida, Gainesville; Univer-
sity of California. Berkeley;
University of Michigan, Ann
Arbor: University of Miami,
Coral Gables, Fla. Ohio State
University. Columbus: South
west Texas State Teachers
College. San Marcos; University
of Utah, Salt Lake City: Uni
versity of Minnesota, Mime
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10
Furor on Bingo Breakdown
Increases Despite Custer

troversy that threatens to spark
a political issue in the coming
election campaign.
The 61-year-old Goldberg, on
the force for So years, was
broken by Police Commissioner
Francis w. II. Adams, who said
the officer had failed to keep his
superiors informed on his bingo
activities.
The Brooklyn Morals Squad
headed by Inspector Goldberg
was created at the suggestion of
a rackets probing grand jury.
Less than IL hours after In
spector Goldberg quit the de-
partment, the squad. under
direction of its new deputy chief
inspector, James B. Leggett,
forced cancellation of q bingo
game in a Coney Island syna-
gogue.
Where games already were in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10
Boy, II, Ending Trip Abroad
With 2 Cents of Original II

only 2 pennies jingling in his
.pocket. He had spent Is cents
for subway fare from Brooklyn
to Times Square.
As the big ship set sail on her
return voyage. Eugene was en-
joying a unique distinction
the officials of the line don't
know how to.classify him. Tech
nically he is neither a stowaway
nor a passenger.
He is being confined to the
ships isolation hospital-except
for exercise periods-and there
he has found a friend. A. S.
lTexl Rozella, a master at arms.
Master at arms is q nautical
expression for a sort Of ships
policeman.
Hes a fine boy" said Mr..
Rozella, land he seems to like
me because ! come from Texas"
Before the ship sailed yester-.
day, Eugene wrote an airmail
letter to his mother, a telephone
operator in Brooklyn, asking her
to meet him on September IA
with his aunts. Agnes and Dot.
"Why haven't you invited your
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10

grandmother to be q member of
the greeting party?" he was
asked.
Tim just a little bit afraid she
hasn't forgiven me. he said.
Eugene walked away from
home last week to see q movie
with a warning from his grand
mother to "be sure to be home
for dinner" He took a subway
to New York, wandered to the
dock area and apparently UNI
noticed walked aboard the ship.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10
By the Asseeiatsd Press

SOUTHAMPTON, Sept. TO-
Little Eugene Hart was sailing
back to Brooklyn today with 2
cents in his pocket and hope in
his adventurous young heart.
81 hope" said Eugene, who is
only IL. "the ship makes it to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10
St. Louis Man to Head Z
Aviotion Publications z
BY the Assoeiosed Press

Richard E. Stockwell, st.
Louis, Mo. has been appointed.
editorial director of American
Aviation Publications, Inc. -
Mr.. ,Stockwell, editor Of the
Monsanto Chemical Co. magas:
zine since May. 1852, will come
to his new post here in mid-;
October. He is q former editor
of Aviation Age magazine, d
Condo Mast publication in New
York. 1l.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10
THE EVENING STAR, Washington, D. c. Az:
FRIDAY. SEPTEMBER 10, 1855 II

newsmen he believes the laws
against bingo should be changed
and the issue presented to the.
people for a vote. He said this
opinion applies to games held
under auspices of churches.
synagogues and philanthropi6
agencies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10

apolis; Yale University, New Ha-
ven. Conn, and University Of
Washington. Seattle.
After three months at these
institutions, they will spend five
weeks observing State and local
school and community organiza-
ton and activity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10
U. 5. Will Be Host
To 500 Educators
From so Nations
BY the As.oeioisd Press

The ONCE Of Education said
today that during the next few
weeks it will be host to more
than 500 educators from so for
eign countries.
The visiting teachers and edu-
cational officials win attend
orientation meetings before
leaving to spend varying periods
of UP to q year studying and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10
BY the Associated Pres.

NEW YORK, Sept. 10.-A
Juror over the demotion and re-
tirement of Police Official Louis
Goldberg during his one-man
crusade against Brooklyn bingo
received added fuel last night
when his successor continued
the ck-down on the game.
Deputy Chief Inspector Gold
berg was denoted yesterday to
captain on the ground of ''in-
subordination." He Immediately
filed for retirement amid a con-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-10
-AP Wirephoto.

America and hope Nom and
Grandma and my aunts will
forgive me-"
Eugene walked aboard the liner
United States when she was tied
up at New York pier last Fri
day to have a look around. The
next thing he knew the ship was
under way and there he was
with no ticket, no passport and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-02

Quick and easy to prepare.
Serve cold or heat and serve.
Will make a delicious sand
wich.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-02

Freshest. fastest, crispest
potato chips in town. Made
fresh daily.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-09-02

Fresh as it's picked every day,
this bright and reckoning lettuce
Is arriving now at your Safeway.
Each and every head is tempting
"a swirl Of light green leaves
curled crisp around a sweet
white heart. It's the kind OF
lettuce, you'll agree, that de-
lights salad lovers.
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1954-10-22

o
tuoHirh of the people, of The d e ia ere n nigh $
dnuHieIu those suffer the hammer d tt
that hart,o o Christ shines il your heart
Yours Be By ather
To Missions T ForignM To oNarEt Missions
Rev. JamsKu Diocesan Director
Towns
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
Chicago Livestock

CHICAGO, July IA. LR-UsDA-sal.
able hogs 1900: moderately active e
slow. uneven; butchers steady to Sc
lower: closing mainly 20 or more of;
top however 15 higher than Tuesday;
sows steady to 25 lower: choice 180-
gao ID butchers 23.50-24. as: latter price
including several loads choice no l anC
rs 190-220 ID: around two double
decks 2o0-2l0 Id 24.85-25.00; .240-27G
ID 22.00-23.T6: few 2SO-315 Id 1000.
22 90; q few 350-370 lb 1S.26-lS.75
choice 330-400 ID sows l6.25-1925
LIGHTER weights 10000. 90; 425-60t
ID 14.00-16.26.
Salable cattle 10000: calves 500
SLOW: choice and prime steers over 100
70 $3.50 lower: other weights and grades
steady to 90 lower; heifers steady to
20 lower; cows and bulls about steady;
q few loads held above 1925: mixed
choice and prime steers 2425-24.75
good and choice grades 10000 90
e few loads high choice and prime
heifers 24.00-24.50: bulk choice heifers
2l;50-23 90; most good to low choice
ll,ts;i,o9s0 G few heifer type to 400;
cutters 7.00-9.75: most utility and com.
mereial bulls 14.00-16.75: q few choice
and prime yealers 22. 90: most good and
10.00-1S.OO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
| Two Directors Added
BY John |. thompson
& Co. Stockholders

Stockholders Of John I. Thomp-
son y Co. Washington engineer
ing arm. yesterday elected VII
Liam i. Campbell Of New York
City and. James Donovan Of
Cambridge, Mass. to the Board
Of Directors.
Mr.. Campbell formerly was as
sistant to Defense Mobilizer
Charles e. Wilson and deputy
administrator Of the Defense
Production Administration.
Mr.. Donovan is president and
treasurer Of the Artisan Metal
Products. Inc, Metal Fab! Inc,
and associated companies.
The Washington company has
q laboratory division in Belle
fonte, Pa. and q special projects
division in Florida.
Directors reelected the follow
Ing directors: DR.. Eric A. Walker,
dean Of the College Of Engineer
ing, Pennsylvania State Univer-
sity and former executive secre-
tary Of the Research and De-
velopment Board. Department Of
Defense: George B. Martin,
Washington attorney: J. Barry
O'Keefe of Chicago. John /.
Thompson. Max r. Smith. IT,,
and Owen r. Keller. jr.. OF
Washington. and Mrs. John /.
Thompson.
Oficers headed by President
John !. Thompson were re-
elected.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
FOREIGN Exchange

NEW YORK, July IL M1.Foreign
sssnsass . rates Io ssS. dIsss g5ssn =
less otherwise notedl:
| Canadian dollar In New York open
market 2 29/32 per cent premium Of
Log ; 9oS Y. 3 rs sents. nr " ,nornd,
$2B1ia: 30-day futures. 2.6lls: 60-day
futures, 2.s1is, up 1872: 90-day futures
2.Sd 1882. up 1872 Belgium 0rancl
Germany yWesternl (deutsche mark
23.65; Holland (guilder1. 26.43: ITALY
(Iira), .10M Of cent: Portugal tescndo)
land Ifrancl (freey, 1888: Denmark
Latin America Argentina tfree),
7.24; Brazil !freel, l:75; Mexico, S.02;
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
Bank Dividends Declared

Directors Of the National Saw
ings & Trust Co. have declared
"a quarterly dividend Of 80 cents
a share on SO par capital stock,
payable August 2 to holders Of
record at the close Of business
July 16. President Bruce Baird
reported today.
Directors Of the Riggs Nation
al Bank yesterday declared q
regular dividend Of So share,
payable July Is to holders Of
record July Is: also a regular Of
So q share, payable October Is
to holders Of record September
40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14

Investments Of SO 1886, 81
were l3.9 per cent behind $l2.-
O39. 500. while loans and dis
counts Of SIS. 983,S82 were, 36.2
per cent above $ll.735.58O in
June, 194S.
Deposits Of $50, l26, 946 were
1873 per cent ahead Of $50. 063. s
406 I'VE years earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
New York Produce

Butter steady. Receipts 4S1. O9b. Whole
sale prices on bulk cartons tfresh).
Creamery. 93 score (AAl 5SN 1854
cents 81 score (A) 67s4-56 90 score (B)
Cheese steady to arm. Receipts &c.,
243. Prices unchanged.
Wholesale egg prices steady. Receipts
14,446. New York spot. quotations fol-
t46-b0 lbs} 43h-43: extras large GAG.
4S lhsl 41-41s; extras medium 36-355s
standards large 1884: dirties 25-27,
lbsJ 44.46: extras large (46-48 lbs) Al.
AZ: extras medium 30-4O. Browns.
Extras l4S-5O lbsD 44la-40: extra.
large (45-4S lbsl 41-42.
lbs) 49Is-62; mediums 4i-4IIa: smalii
2eHz-30: peewees 1920. Browns: Tor
quality $3.50 lbs1 s5o-5a: msdigms 40
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14

Russell B. Wells, president Of
the Charles Wells Music Co. Of
Denver.
Mr.. Campbell came to WASH
ington in 1871 from an executive
position with the Hammond
Organ Co. He took over the
factory branch business Of the
w. w. Kimball Piano Co. and
acquired the Steinway franchise
in 1912. He opened the store
at 1l08 g street NV. in 194S.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14

n1ent from
r o b ert ".
Fleming, pres
ident and
board chair
man. revealed
today.
The record
total was 9.8
per cent above
$96,S66.lS4 on
June 80. 1858.
and SO per
G ent higher
than $59.O43.-
1872 on the
"a m . date
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14

Merchants AZ
the SD an
nual conven-
ton and trade
show at Chi
caeo today.
Mr.. Camp
bell served as
vice president
IN the last
year and has
been q menu
Der Of the
Board Of Di-
rectorS for
three terms.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14

tional gain Of 22.2 per cent came
from earnings.
Cash and bank balances on
June 80 amounted to $l3.800.411,
an increase of 26.4 per cent from
$10,920.311 I'VE years earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14

Qcub n1GklhTU
"A. N orris
today in re-
viewing I'VE
y e a r 8 OF
steady prog
reSS.
Totaling $2,-
5 3 4. 81 on
June 80. l949 J.
Mr.. Norris
said that a
22.9 per cent
gain was due
from sale Of
stock and
that on adj
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
Capital Funds Show 45b Goil,
Since 1919 at lincoln NotionoI

Capital accounts Of Lincoln
National Bank at nlidyear had
scored an increase Of 45.1 per
cent since I949, reported Presi-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14

Earl Campbell. president Of
the Campbell Music co. here.
was elected president Of the
National Association Of Music
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
Bonk Debts at New Peaks

Washington bank debts in
June and the first half Of 1854
set new all-time highs for those
periods, a survey from the Fed
eral Reserve Board showed
today.
June debts to individual de-
mand deposit accounts totaled
81, 2O8, 851 900. q gain Of 1.8 per
cent from $1,187. SOTO in
June. 1858.
Debts In six months this
year amounted to $6,924, 942. 600
an increase Of 81 per cent from
6,4O7, 773, 900 in the same period
last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
BY DcnoId B. Hodley

Loans and discounts Of the
Riggs National Bank reached q
new high mark Of 1O7.97S. 446
on june 80. the midyear state
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14

just five years ago. Increased
loans have been a major factor
in the Riggs improved earnings.
Holdings Of Federal obliga-
tions totaled $40. 919.94 on June
80, q decrease Of 81 per cent
from $145.470, 282 q year ago
and 81 per cent lower than
$50. ass. sos i've years earlier.
Capital funds continued their
expansion. The total Of $22,-
O45, 1877 at midyear was s per
cent above $40, 1893 500 a year
earlier and 26 per cent ahead Of
$17,501 $50 on June 80, 1949.
Washington's largest banking
institution had total assets Of
1855. 423, 1921 on June 80, a de-
crease Of o. per cent from $685.
0l0,585 last year. but 10 per cent
above $326,214,03O in June, 1949.
Deposits Of 1894 SOC. 942 we're O.4
per cent behind $685., 653 ,925 a
year earlier, but 81 per cent
ahead Of $500. 492, 725 on the
same 1919 date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
Farm Lond Bonds Offered

The IL Federal Land Banks
today offered pulicly through
Macdonald G. Newcomb, their
fiscal agent, 1923 million of con-
solidated Federal farm loan
bonds at 101h and accured in
tereSt.
The ga per cent bonds are
dated August 2, 1854, and will
mature February l.. 1860. They
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-07-14
Cheaper Financing Rate

Public Housing Commissioner
Charles e. Slusser announced
today that the average interest
rate obtained at the sale yes
terday Of s155,514.Oo0 in short
term loan notes by SO local
housing authorities was the low
est since January, 1916.
The average was .585 per cent,
compared with SIS per cent OBJ
tanned in 1946 for $64 million
Of short term notes. For the
June is sale, the rate was $3.50
per cent. On May 10 it was
.718 per cent.