davidaulloa/AmericanStories huggingface dataset:
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22

Washington; May 9th VS.. Cleve-
land.
Most runs one game. by op.
ponenfs: l2-Chicago. there or
June LIST.
Most hits one game. by De-
iroii; Is tl2 innings VS.. cleve'
land. April 2l); IA (sinnings a,
Boston. May l5l.
Most hits one game, by op.
ponenis; l7-At Chicago. June
ssf.
Most home runs one game
by Detroit: New York here
May nth Maxwell 2. Kueen
and Kaline.)
Most home runs one game BY
opponents; 3 Kansas City here
April 23.. Chicago here. May IL
Most home runs one game
both clubs: 6-Detroit 4, New
York 2. here June 10.
Longest game (inningS). l6
AT Baltimore. May 81.
Shortest game (time): 1856
AT Boston, May IA.
Longest game (time): 1922
Cleveland here, May 81.
Longest winning streak:
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22
Set Up Baseball School

Registration will take place
this Saturday, June %, for the
Department Of Parks and Rec
reation Baseball School, annu-
ally the largest organized base
ball league In the United States.
Boys between the ages of IL
and IL can enroll by visiting
envy of 80 locations. where the
league will be operated, between
the hours of 8 TO 5. Signing up
w'r continue en- Mondays thru
FridaYe. stsrfins June "a.
Anticipated enrolment this
year Is $50 teams with over
10000 boys. The teams are
divided into three classes: A
us TO II years.; B (l3-l4); and
C Ql-l2).
Two games a week of seven
inning duration are played by
the squads. The season begins
June "a and runs till the district
p'ayoffs on Tuesday, August z
East and West Side Champion
ships are scheduled Friday. Aug
l6 and City Championships or
August 81 md %.
Each baseball center stages III
cwn plaYoffs starting July ~
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22

Dizzy Trout, Mike fresh and
Cass Michaels and other mem
berS of the Baseball Old Timers"
organization will continue to
work with the clinic staff. and
several surpricc guests are ex-
pected of the same calibre as
those who appeared at the two
previous clinics, Rogers HonrS-
by and Iris Speaker.
The 6 foot hand and 3 foot
baseball used for showing pit
ching holds will be augmented
by additinal visual aids and
the 5 foot long models of q
players feet have been given
dimesion for better visibility.
The balance of the clinic dates
have been selected as we'll a:
the sites for holding same, anc
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22

they are as follwS:
All Saturdays are plays
July 20, Rotunda Field. be-
hind Ford Rotunda Dearborn
Participants will be Washington
and Detroit.
August s. The location will
be Memorial Stadium, Mt. Gle
mems the teams Cleveland and
Detroit.
August II, Palmer Park the
Little League lighted diamond
on the Woodward side. near
McNichols. Participants viii be
Chicago and Detroit
August 20 The location will
be Clark's Parks hardball dia-
mond. The participants viii be
Baltimore and Detroit.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22
Moore Wants
Bout With
Sugar Ray

NEW YORK-(CNS)-Breez-
ing into New York's Idlewild
Airport this weekend, Archie
gave out his own version of who
should be his legal contender.
He regards Canadian WON Du-
rclle as next in line. However,
he would prefer match with
Sugar Ray Robinson because of
the bigger money"
When asked about the MIA
ultimatum which gives him until
July 9TH to defend his crown or
or risk having it vacated. Archie
replied. Il don't think any pro-
motcr would be silly enough TO
try TO stage 9 title fight by July
9TH because of the shortage of
time"
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22
Sport Shorts

Anthony Perrino, a first string
guard on the aWyne State Uni
versity football squad in 1850
has been named an assistant
pastor at Central Methodist
Church in Detroit. Perrino. who
received B. A. from aWyne
State, received his divinity de-
gree from Boston University.
Wayne State University has
concluded its 4lst consecutive
year of athletic competition with
the closing of the l956-57 sports
year.
Western Reserve University
will be Wayne State Univer-
sity's Homecoming opponent this
fall. The two teams will meet
at Tartar Field on Saturday,
Oct. IS.
The University of Buffalo re-
turns to the Wayne State foot
ball schedule this fall after ar
absence of 10 years. In eight
previous meetings between the
Bulls and Tartars. Wayne has
never been defeated.
Coach Joel Nelson's Wayne
State University basketball
squad has won 80 and lost sever
over the past two champions.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22

Mt. Pleasant, Cheb o ygan.
Muskegon and Escanaba. The
Upper Peninsula camp at Escan-
aha will also include player
from Wisconsin.
Following are the dates and
c ties where the camps will be
held. St'sting times will be-
10 A. M. in each city.
June 1920, Battle Creek.
Post Park; June 24-27. Detroit
College field, Fairfield and Flo
renee; July IL, Flint, Atwood
Stadium; July Sc, Ypsilanti,
College Field; July 80. Mt.
Pleasant, College Field; Juy
IL, Cheboygan, High School
Field; July 1913, Muskegon,
Marsh Field; July l6, Escanaba,
AL Ness Field.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22
Athletes Get Degrees

Thirty athletes received de-
greeS at Wayne State Univer-
Sitys Commencement exercises
Thursday, June ID at the State
Fair Coliseum.
One member of the group, Ro-
bert LubY. football and track
star OF Wayne from 1887 to
ls40 received his Doctor Of Edu-
cation degree. while George
Gulevich. varsity swimmer
from 1851 10 1889. and Dave
Rosenzweig. e golfer from 1882
TO 1884. received M. d. degrees
from the College Of Medicine.
The largest graduating group
were the II who received de-
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22

I'VE have signed numerous
prospects from such campus
in the past" Katslinss said.
and we are endesvoring ihr,
these tryouis TO give every Mich
igan by an opportunity 10 play
professional brssbal wi h the
Detroit Tigers or Their farm.
clubs"
Some Of the players who hav,
been signed TO minor lcaguv
contracts by the Tigers in tn,
past three years inclu lie Jack
Eowen, Vincent Cummings Jcr-
~ Fields. Fred Gladding, Phi.
Regain, Dave Reed, Dick Shedd
Lie Spence and Tom Trammel,
all from the state of Michigan.
This year the first camp will
be held at Battle Creek on
June 1920. followed by appear
Ences in Detroit Flint. Ypsilanti,
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22

Edward l.. Berson, William C.
Conrad Lawrence Gualtieri, c
Ray Herndon, G.. Ronald Her
tenstein, Manillo c. Hoover
highland Park; james A. Mac.
MILAN. Crosse Pie; Jerry ]
Monticello. Frederick Snowden
Michael Soluk. and Edward l.
Williams. Minor awards; Gerald
+. DiPaola, Terence j. Pagan
Scalp Level, Pa; Walter A. ]
Koepke, st. Clair Shores; Ronald
w. Kowalczyk Hamtramck: Nit.
chell F. Kyc Hamtramck; Robert
B. Leggatt; George A. Lequier
Royal Oak; Gerald o. Pike, Eir.
minGham.
GOLF: major awards; Law
renee r. Hoffman, Cashmere r
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22
Tiger High-Lighls-

Most runs one inning by De-
troit: 5-4th inning, May 2nd
VS.. Boston.
Most runs one inning by OPP
ponents: 6 by Chicago, End in
ming, June ! at Chicago.
Most runs one game. by De-
troit. IL twice. May 9Th VS.,
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22

Balls, bats and caicher's equip.
menf are furnished by the De.
parfment of Parks and Recrea.
ton.
Registration locations:
West Side-Butzel, Clark Park
Codd, Comstock, Cooley, Dinge-
man Mackenzie, McCabe, Milan
Mumford, Northwestern, Patton
Peterson, Roosevelt. Rouge Park
Southwestern. Stoepel No. 4,
Stoepel No. 2.
East Side Balduck Park
Chandler Park, DENLY, Egan
Farwell-Dorais, Heilmann
Jayne, Lipke, Lodge Palmer
Park, st. Clair, Won Stcuben.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22
Win Letters
At Wayne u!

Wayne State University
Athletic Advisory Board has an
nounced the names of So award
winners for the spring sports
program.
Thirty-seven athletes were
presented with major awards.
eight mere won minor letters
and freshmen numerals were
presented TO seven. Unless oiher
wise noted. oil are from Detroit.
BASEBALL: major awards;
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22
Tiger Scouts Seek New To|ent

DETROIT-A series of tryout camps for baseball pro-
spects recommended by Michigan high school coaches
in Detroit and seven other Michigan cities This il the
fourth year for these camps. Wv
Ed Katalinas, director of Tiger scouts has named PAT
be in cooperation with local recreation
Mun will be assisted by Tiger scouts Ray Meyers.
Duncan Lectka and sub-scout Neil Berry.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22
Yankees Want
Suitcase" Simpson

KANSAS CITY. Mo. It's re-
ported that the New York Yam
KEGS want Harry Suitcase
Simpson OF the Athletics so bad
ly that they have offered their
pepper pot and world series
nuisance to the Dodgers Billy
Martin plus steady Andy Carey
for the versatile Negro outfield-
er. Manager Lou Boudreau says;
They'll have to give more than
just Martin and Carey for Harry
Simpson.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22
Baseball Players To Instruct
Young Players AT Belle Isle

The third in this series of major league baseball elm
les will be held on Saturday, July 9Th Diamond
No. 6 at Belle Isle
Kansas City's manager Lou Boudreau has Indicated
he will be hand along with members of his squad
to join with several Detroit Tiger ball players in
mentng the regular clinic staff.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1957-06-22

games (three times). May 2-5:
May 1919; June So.
flour tines.
Longest losing streak: 3 games
Biggest winning margin: 8
runs (ll-3 VS.. Washington, May
8th).
Biggest losing margin: 8 runs
(l2-4 at Chicago, June lsU.
Attendance High; 43,474-N New
York here. June Z might.
Attendance High (road): 49,
2l0-At New York, May II
might.
INDIVIDUAL
Longest hitting streak: III
games al Kaline. May LIP.
Most RIBS one game: 5-Bill
futile VS.. Kansas City. May %.
Charley Maxwell VS.. New York.
June 10.
Most hits. one game: Al
Kaline a for A. VS.. Chicago (lst
Lame). June 2.
Most strikeouts by pitcher,
one game. 10 Jim Burning VS..
New York, June z (7inns).
Longest winning streak, Pit
cher: 6 Duke Mas.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
Average Earnings
OF Executives Rise
g Pct. in Year

NEW YORK. June Z R.-The
average" business executive in
the middle management category
is earning nearly 6 per cent more
this year than he made in 1856
the American Management AS
ISOLATION reports.
What's more. rs per cent of
the more than 5000 executives
in 239 companies checked in the
associations sixth annual survey
of middle management pay got
some sort of a salary hike. More
than half Of the individual raises
were merit increases. the associ-
alton said. while one-fourth were
part of general company salary
increases. 7 per cent were from
promotions and the balance
from a combination of factors.
Middle management salaries
usually range from about $4,000
to $4,000 a year. the association
said. and in large companies
may go as high as $4,000 a
year. In addition. bonuses were
paid TO As per cent of those
covered in the survey, the associ-
alton said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
BUSINESS
BRIEFS

| Heavy construction contract
awards reported in the week
ended Monday amounted to
SAP ,699, 900. consisting of $685.
529, 900 in private and 5000, no.
900 in public construction, COM
pared with $29S, GOT 900 the pre-
vious week and S250.2l3,00O t,r
the like week a year ago.-Engl-
lneering News Record.
Loans TO brokers and dealers
on other than United States
Government securities held by
member banks in New York City
totaled $l.055. 100000 Wednes-
day. an increase of $32 million
from a week before. and de-
crease Of $3.50 million from a
year before. = Federal Reserve
Board.
Rail Freight LOadings dropped
to 67l.785 cars last week, re-
f1ecting the Memorial Day holi-
day These loadings. for the
week ended June /. were 51.ll8
cars or IL per cent below the
previous week. 47.424 cars or &c
per cent below the corresponding
week last year. and 1856 cars
or So per cent below the same
week in 1855. Association OF
American Railroads.
American Motors reports its
retailers sold 1851 new Rambler
cars in May. topping the pre-
vious record mark Of 1910 set in
May. 1855. Retail deliveries. it
reported. were 23.4 per cent
above April and 3I.6 per cent
ahead Of May. 1856.
Trans Atlantic Freight bust
ness of Seaboard g. Western
Airlines showed a So per cent
! increase in the IL months ended
April 30, the company reports.
The period marked the first full
year OF the company's operation
as a scheduled trans atlantic
all-cargo airline. Volume for
the IL months amounted to TO-
93l,52 ton miles.
i Diana Stores report sales for
the 10 months ended May 81
totaled $30,865.842. up liz per
cent from $27.593.5 38 in the 10
months ended May 81. 1856
Stores on May 81. 1857. totaled
1877 compared with 1870 year
earlier.
Dayton Rubber reports earn
ings for the six months ended
April 30 amounted to $9l7, POS
compared with 81 .093.2 99 in the
like period a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
Profit-Taking
Further
Stock Advance

NEW YORK. June Z Up
Prof1t-taking clipped a further
advance by oils but the stock
market remained higher on
balance early this afternoon.
Trading was active as key
stocks rose from fractions to a
point or so. Selected issues
stepped ahead further.
The rails produced a few gain
ers after the Interstate Com
merce commission allowed the
carriers to boost demurrage
charges by 80 per cent to allevi-
ate the freight car shortage;
but the rails as a whole were
still behind on average. depressed
by lower April earnings.
The rise was confined to the
industrials. Steels and nonfer-
rous metals produced some fair
gains.
Aircrafts, apparently still dis
couraged by disarmament and
budget news, were mainly on the
downside.
The Associated Press average
of 60 stocks at noon was up 40
cents to $l84.10, with the in
dustrials up $l.00. the rails down
80 cents and the utilities I'M
changed.
Corporate bonds were slightly
lower in quiet trading.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
BALTIMORE
MARKETS

BALTIMORE. June : R-cattle $50
bulk OF fresh receipts comprised of stock
cattle being sorted and prepared fol
osle' sales consisted ] load mostly 5000
nally steady, STABLE supply stock cattle
reported en- route for FIRST of weeks
Calves none; quotations nOminally un.
Hogs none not enough on offer te
establish price trend
sheep none. quotations nominally un.
Grain Market
rlour-Reeeipts 20, 2l0 1O0-pounc
:. Receipts. ie7.ee9 bushels
sn aIi 81 bushes sstb Nj bushels siSSks
Corn-Receipts, i24.S O4 bushels.
shipments none; stocks, 2s65,D6d
oats-Recelpts s.om bushels: shin.
Barley--R Receipts none. Shipments
none; stocks, 4Ti,ssi bushels ''''"''
,,n Eyye- 5s. none shipments. none;
Soybeans-Receipts none; shipments,
il;oS0 bushels stocks, si3.7 54 bushels
Millieed'-Receipts, l232 tons.
EEg Market
yesterdays QuOtationsb
Eggs: Prices unchanged TO u cent
higher large l cent higher mediums
TO Improved demand Receipts heavier
from midwestefn areas, moderate from
nearby points
Prices paid by FIRST receivers, delivered
I OBJ. Baltimore, cases included Large,
minimum 90 per cent A quality; whites,
3Olz-32l2; brown and mixed. 3O-39t2.
mediums minimum 90 per cent quail
Ivy, 2bls-25is brown and mixed 25iz-
20 u standards 27hs-.s
Receipts. IDO0 eases, BY truck.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
BY SAM DAWSON

NEW YORK. June TT you
bought one Of the 212 per cent
marketable bonds the United
States Treasury sold during
World War II and decide to sell
it today without waiting until it
comes due you will get less than
$50 for it.
You would have collected your
interest right along but you
would have lost IL per cent of
your principal.
When some one buys your
bond today the yield on the
money he invests will be 1857 per
cent Those are the two sides
to the toss Of the tight money
coin. You lose. he wins. Who
ever owns the bond when II
natures will get the full 500.
But If you were Russian who
had bought a savings bond that
the Kremlin told its people they
must buy. you wouldn't get any
thing. at all. The Kremlin with
totalitarian high handedness has
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
NEW YORK PRODUCE

NEW YORK, June z ~ (UBDAl -
Wholesale egg prices were steady TO Arm
today. Receipts l62On Wholesale SELL
ing prices based on exchange and other
volume sales
New York spot quotations follow; In
cludes Midwt tern mixed colors: extras
t4S-5O lbs 3O-3l, extras larPe ti5.iS
lbsl 2n-.Iui extras medium 49,; stand
ards large "TisoSb checks yY-3l y.
Whites. extras as 30 lbsl .I0-3l -, eN-
tras lAfle t45.4S lbsl nD-3U extras
medium 2G-27. Browns: Extras 4s-50
lhs ~ R-3oib.
includes nearby whites; top quality
(4S-5O lbsl ~ ana mediums .0-2i
.smallg oU.OOi3 Browns. ton quality fiS-
30 lbsl 33ls-33Is mediums '1-.S,
smalls s"ia-.3ig
Butter steady Receipts $4,000
Prices UNCHANGED
Cheese steady. Receipts 2@4,OOO,
prices changed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
Steel Mill Products
Shipments Dip Sharply

NEW YORK. June Z (P.-A
sharp decline in shipments OF
steel mill products in April was
reported by the American Iron
and Steel Institute yesterday.
Steel products shipped by
United States Mills totaled y
349,752 net tons. That compared
with shipments of 7.82l.6l6 net
tons in March and with 1888, 1873
net tons in April. 1856.
While shipments of automotive
steel declined. new monthly rec
ords were set in shipments OF
steel piling. line pipe. and tin
mill products. New highs were
set in shipments to oil and gas
producers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
Auto Industry
To End Speed
In Advertising

DETROIT, June 7 R.-The
auto industry says that from
now on speed is dirty word.
1t is to be replaced in the
trades vocabulary by safety. re-
liability and comfort.
This is a decision Of the d.
lrectors of the Automobile Manu-
lfacturers Association. These
directors include the presidents
of the big three" in the in
dudstry-General Motors, Ford
and ChrySler-as well as top
executives from every other VOL
ume producer Of passenger cars.
If the decision is adhered to
rigidly. the days probably are
gone when car "A" will claim
it won the Pixies Peak race while
car B" says it swept the field
at Daytona Beach and car c.
crows that it is the stock car
champion of the Nation.
+. Wide Use in Advertising
The manufacturers have made
wide use of race and contest
results in their advertising. The
emphasis in postwar years has
been on speed and increasing
horsepower.
Engines have jumped from a
mere 80 horsepower before World
War II to 300 plus in the luxury
models of today.
Acceleration tests have been
ballyhooed. Men now brag of
their hot" cars-a term which
not so long ago meant stolen.
But at its annual meeting here
yesterday the association took
action.
Its strongly worded resolution
said that the manufacturers
shouldn't take part. or allow their
dealers to take part in any event
even suggesting racing or speed.
And it barred the use of ac-
tual or comparative ratings of
cars for speed. specific engine
size. torque. horsepower or abil-
ity to accelerate or perform lin
any context that suggests speed"
Instead, the industry wants to
emphasize that cars provide
safe, reliable and comfortable
transportation"
Industry Under Fire
The automobile industry has
come under heavy fire in recent
years for increasing horsepower.
1t has replied that much of the
criticism has been unjust. that
a lot more power is needed to run
the heavier, gadget-laden cars
of 1857 than it took to operate
their counterparts of 10 years
ago.
The boards resolution noted
that it shares 1.-The public in
terest in increasing the safety
of highway travel"
No date was mentioned for
eliminating speed" Participa-
ton in actual races is apt to
cease very soon. New advertis-
ing campaigns may await the
introduction of the 1858 models
in the fall.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
CHICAGOLIVESTOcK

CHICAGO June : U tUsDA-sal.
ahIe hogs 200. moderately active, weak
70 mostly 20 lower on butchers. closing
slow; rs 70 80 lower on a few loads
butchers $50 ID and heavier: sows steady
% - lower: mostly steady; good shippinf
demand. No. 2-3 lqO-225 10 butchers
@u 0-"O. 10; few lots No. 3 late igS5:
.,r lots mostly 2 these weights
~ 10000. around 100 head at 3055;
No. 80 e3O-260 ID 10 1920 90. most
3-3 260-2n0 ID ID.nO-lR.5O: few loads
mostly 3 100000 ID late is.5O-la
short 'oad No 3 $50 ID butchers i7.95:
larger lots mixed Grades 350-4.5 ID
sows l62l-17 p. few small lots 3I0
10 and lighter IL SOILS. 90, most 42b-
800 ID i500-16.25
Salable cattle 800. calves 100: not
enoush OF any class TO test market
Few sales about steady on cleanup trade
load choice $50 ID mixed yearlinSs
- 90: few utility and low commercial
cows u 5n-l5 80. few Gamers and
cutters ll.5d-li.25; bulls and vealers
scarce
sslable sheep 200: no, enough on
hand 70 test prices few good and choice
shorn lambs H5-lO2 10 ~ 5O-2l 90.
several head choice spring lambs s4-g0
III ~ 50-2i 90 Gull TO choice slaughter
ewes 1905 90
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-06-07
U.S.. Treasury TroubIes
Less Than Most Nations

announced it won't pay any in
terest as first promised and has
frozen redemptions. As a sop the
Kremlin says it won't force
people to buy any more Of them.
National Debt Eased
The Russian way-forcing a
260 billion ruble loan and then
repudiating. thus wiping out
three fourth of its national debt
lis one way Of keeping money
in the public till.
There's another kind of dodge
in Britain. Its tax rates are
higher than ours. But that
doesn't bring in enough money.
So sporting people there can
buy a bond with a lottery gim-
mick attached. Instead of rails
ing the amount of interest its
people demand in these infla-
tionary days. the British govern
ment gives them a chance Of
making a killing at a drawing.
The Russians also have floated
a lottery type loan.
If you're a Swede you can buy
a bond tied to the cost of living
the idea being to stabilize the
yield on the bond by swinging
with the. punches of imitation.
West Germans can buy bonds
backed by the Bavarian govern
ment that pay eight per cent.
more than double what the
United States will pay.
In France initiation and ex-
pensive government-especially
running a war in Algeria-have
fiscal affairs in such a mess that
at the moment they can't find
any one to run the government,
let alone replenish the till.
Canada's Problems
Canada's problems are Just
the opposite. Its budget is bal
anced, but so great is the rush
of Americans and others to in.
vest in development Of its re-
sources the problem is to find
enough Canadian dollars. So
they bring nearly a scent pre-
MUM over the United States
dollar. Interest rates north Of
the border are raised higher
than here to fight imitation.
Japan has sent its interest
rates soaring to the same end.
And Britain's are much higher
than here.
1 United States, troubles in keep
ing the petty cash till filled are
minor compared to some others.
While no one expects run on
Fort Knox. the United States
Treasury does have its troubles
with bond holders. Savings bond
owners know that even at the
new rate of 3l4 per cent they're
still getting less than they could
elsewhere. Even the tax-free mu-
nicipal bonds often pay more.
And interest from United States
Savings Bonds is fully taxable.
A man in the $4,000 income
tax bracket would have to get
6.45 per cent on a taxable IN
vestment to equal per cent on
tax exempts.
! United States current cash
problems are bound up with in
sf1ation, tight money, constant
demand on the Treasury by
Government spenders. and by
rising interest charges. But its
lot is better than many other
countries.