davidaulloa/AmericanStories huggingface dataset:
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04

tf corn, every stalk in it be;nf
u feet and more high.
Except in the case of emer
gency, driving on Sunday is pas
until further notice from the ma
tional fuel administration. The
action was taken as a gasoline
conservation measure. It is esti
mated that 5000 automobiles ir
Allen county will be affe Ted.
Among grand jurymen for Sep
tember are: J. Huber, Blufftcn
J. Musser, E. E. McClwain, d
.hingler, F. L. Ludwig, jackson
township; J. o. Cupp, Monroe
township.
Herman Wittkofski has been as.
signed as foreman of the track
construction force of 40 men or
the L. E. & w. railroad who are
putting in sidings near Lima. The
work will require three months,
The work in the local section here
will be in charge of his son dur
ing that time.
A. E. Lugibihl and family, who
motored to Pipestone, Minnesota.
to visit their son, Waldo and wife
returned home Thursday evening
having covered over 1900 miles.
Waldo is a prosperous farmer and
the unexpected arrival of his par
ents was a pleasant surprise.
Mr.. and Mrs. ]. H. Lohrenz of
Hlllsboro, Kansas, will OCCUPY
the property of Misses Bertha
and Edith Roethslisberger on
Lawn avenue for the coming
year. Miss Bertha is in govern
ment service at Washington, D.
c. and Miss Edith leaves next
month for Ft. Wayne where she
will take a business course.
Last Wednesday morning about
four O'Clock ]. o. Cupp and fam
lily, of near Rockport, were
aroused from their slumber by a
noise, and going out to the barn
discovered that their granary had
fallen down. It contained between
800 and 800 bushels of wheat,
oats and barley.
Sylvan and Hubert Herman,
sons of Mr.. and Mrs. Frank
Herman, met in a little French
Village according to a letter re-
ceived from Hubert recently.
Both boys are members of the
S3rd division. They had been sep
arated on leaving Camp Sherman
and had not seen each other un-
til they met in France.
Armin Hauenstein, somewhere
in France, writes to his brother
Sidney that he has a heavy coat
of tan and probably wouldn't be
recognized. He spent a good part
of his day basking in the sun by
the creek and fishing, but with
out a bite. He expects to move to
the front soon.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04
Committee Announces Schedule for
Putnam County Fair in September

The program slated for the an
nual Putnam county fair Sep
tember 1920 was announced last
week by fair officials.
Harness racing will be held
once each day. Races viii be held
Tuesday, Wednesday and Friday
nights and Thursday and Satur-
day afternoons.
New at the fair this year will
be a concrete block merchants
building and a sealed black-top
dance floor. The dance floor is
being constructed by the junior
fair improvement board. It will
be paid for through the sale of
dance tickets.
During the day the floor will be
used for junior fair displays and
demonstrations.
Other new features at the stor-
led Ottawa Fair this year include
a pony show, pet parade, horse
show and the Jack Kockman
thrill show.
The pony show will be held
Wednesday morning with pony
pulling contest in front of the
grandstand that afternoon. The
horse show will be held Thursday
evening with western, English,
and comic events and
races.
The pet parade will be held |
Friday afternoon, shortly after
The II bands from Putnam county |
schools play and parade before
The grandstand.
The Kockman thrill show will |
De one of the concluding events
)f the fair and will be held under
he lights Saturday evening.
Children's Day at this years
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04
NeUs Grandfather Read
FROM THE BLUFFTON NEWS ISSUE OF AUGUST 20, 1918

cars will likely be stopped by the
government after New Years
day. Order your new Overland
now at Benroth's garage.
Albert Lora is in Columbus
this week in charge of the ex-
oibit of the Bluffton Manufacture
ing company at the state fair.
Elmer Diller was installed as
Noble Grand and G. w. Cunning
ham as Vice Grand at the last
meeting of the Bluffton lodge of
/. o. o. F.
The annual picnic of st. Johns
and Emmanuel Reformed church
es was held in the Gratz grove
south of town Tuesday.
Claude Worden, Liberty town
ship farmer, has a 12-acre patch
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04

Eli Hauenstein, son of Mr.. and
Mrs. Calvin Hauenstein, has re-
ceived his commission as a Sec
ond lieutenant following the COM
pletion of officers training school
at Camp Sherman.
Fred Triplehorn has resigned
the position as travelling sales
man for the Standard Oil COM
pany and has resumed the agen-
cy of the Bluffton district for the
same company.
DR.. Francis Basinger spent the
first of the week with his brother,
DR.. Evan Basinger, at West
Point, Kentucky. DR.. Basinger is
working in the dental department
of the camp.
The manufacture of all new
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04
Bunke Reelected
ASC Chairman

Wilbur Bunke, Shawnee town
ship farmer, was rejected chair.
man of the Allen county Agri.
cultural Sterilization and Conser.
walton committee last week by
delegates from the townships
throughout the county.
This will be Mr.. Bunke's fourth
consecutive term as head of the
county ASC committee.
Merlin Jones, Monroe township,
will serve his third term as vice
chairman. Regular member will
be Ralph Rex, Perry township.
Elected as alternate members
were Vernon Burkholder, Mon
roe township and Russell Staley,
Jackson township.
GREATER USE OF ELEC-
TRICITY by farmers in 1857,
both for farm production and
family living, increased kilowatt
hour consumption per farm two
per cent above 1856.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04

fair will be Thursday, Septem-
Der Is, fair secretary Gene Spit
male has announced.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04

THE ST. LAWRENCE SEA-
WAY raises a ship 500 feet above
the ocean level, by the time the
vessel reaches Toledo.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04

structure is 60 by 80 feet In
dimension and its spire rises i42
feet. 1t is said to have cost about
$4,000, a huge sum for that
early date. T~& "A
1t was from Kirkland that the
Mormons started their westward
migration to Missouri, then to
Nauvoo, Illinois, on the Missis-
Sippl River, and finally to Salt
Lake City, Utah.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04

LEGAL NOTICE ~
IN THE PROBATE COURT oEsAILEN'
COUNTY. OHIO
Case. No. $500
In the Matter Of the fate OF hichaei
Riexinger. Deceased M c.
Mrs. Howard E, zMerryman, 80 So.
Drive, Eggertsvillp26 New York; Elmer
Barbara. Cali ibfnia Mrs: CASfNs Keller,
Ys ,so5 NiliY M 49,. Road; keen R . Fofee Sew
Fsoaa. Ttsss; TX slade i; HsS kS4l ~ D: fs t..
Medina1 New York; Philip Riexinger,
II III kdelphia Avenue. Hhffalo T.
New brk George RiexingerE 81 Gala
tin A nue, Buffalo z. NV Ork; Mrs Mrs.
AlfrkdX XAdsls. 470 Rfoaf reet. Ton
awa 6da ~ = York MRS AI@ Camp6ell: Yasl
Ms. Milt Gs14apow, A5s East Tomp. HnI
Yrs; Fqknk DRscheT. uffalo; New New
York Mrs. Jesse fAlph. Buffalo. New
York ]being interestedeRs heirs in the
estaI of Michael RieximMer. Deceased
ARsiK take notice that /. Nharles W:
Paumgar'rer. Executor of IN estate OF
Michael Riexinger, have prVented TO
the Probate Court of Allen CouMfy, Ohio,
as allowance to me against said Estate, a
claim for Eight Thousand Two Hundred
Fiftv-six (ss.256. .O0l Dollars, Rth in
terest thereon. and that the sstirnony
concerning said claim will he fear" bv
the Court on the 23rd dav of 18pteraher.
1868 at 9:30 A. M. O'Clock.
Charles W Baumgardner Executor
Bv Anthony ]. Bowers.
His Attorney
Aug 81. 2S. sept.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1958-09-04

The first Mormon Temple was
built at Kirkland, Ohio, by Jo-
seph Smith and his followers in
i832-l835 and still stands today
as a landmark on q hill above
the East Branch of the Chagrin
River on Route 306.
F This temple, used today as a
church, Is Of stone construction
plastered over its exterior. The
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-26
News Of D. c. Studios
McCaffrey's
First Miss

AeAA
Joseph McCaffrey ABc newscaster and
moderator Of Celebrity Parade Sunday. pm,
WdAI.-D. recently missed his frst show
because OF illness after l7s weeks. :. !. The
Country Lads-Dick Flood and BILLY Graves
are touring the Southern States publicizine their
new Columbia record. II Won't Beg Your Par
don" and "Alone In Love" which was written
BY Dick. Joining the boys on this promotion
tour is Jo Davis plugging her latest disc
Jerry and Jimma Strong penning thoughts
-. Jerry did q guest piece for the January
issue Of Ad Clubber, while Jimma wrote for
the anniversary Issue OF Variety. Haywood
Meeks, WMAL publicity director, whose Florida
tan IL fading. tells US he spent some Of his
vacation with frogmen and deep sea divers
getting In tune for the new show, Sea Hunt.
:. Edward p. Morgan, AHc news common
tator was elected president Of the Radio-TV
Correspondents Association. Jack Connolly,
WRc-4 newsman. has been seen limping
around and leaning on cane. He tells US
he's learning Judo-the hard way
About q year ago in winston Salem, three
men combined their talents In bringing about
. single show. Today the three-Jack
Hart at wAdAL as flm editor. Bob Davis at
NBC as q director. and Julian Barber with
CHS news-are still getting together to talk
over the old days.
Dick Vaughn, VITO stan announcer. played
the role Of a traffic violator on q recent WRC
Traffic Court show Dick who obviously
was trying to catch up on the time spent In
the court, received q ticket the following day
for speeding chats playing role realistically.
:. Mrs. Dennis J. Polivka OF 24i6 Menokin drive,
Alexandria. Va, viii be the recipient Of the
special prize for her winning letter Failing in
Love-" on the Arlene Francis show Monday.
:. Among the performers at Channel who
have been playing host to Cub Scouts during
their Tv month were Ranger Hal, Pick Temple
Jimmy Dean and Dorothy LOCKER of Ask-It
Basket. Jackson Weaver is making his
annual trek to New York for the boat show
(he's an owner OF q two-masted schooner.
Charlie Byrd, the music maker for the
Nightcap show at WAdAI, has Just had his third
Savoy record album released Tom J0ceyn.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-26

Joseph McCanrey. ABc newscaster and
moderator Of Celebrity Parade sunday. pm,
WMAI1-7D, recently missed his nrst show
because OF illness after l7s weeks. !. !. The
Country Lads-Dick Flood and Billy Graves
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-26

WET, A START was Fanny Brice
who said of Esther Williams, wet,
she's a star, dry she amt" No Esther
Williams is rugged Lloyd Bridges, but
a wet star he will be in the new under
water adventure series, Sea Hunt, pre-
miering this week. Friday, 1890 pm..
WMAL-7.
WTTG director, who started growing q beard
when he began writing q TV script. won't
shave until the script sells Il don't like boards,
here's hoping it sells SOON. -. Joe Reagan,
the leader OF the Buckskins is q member OF the
Civil War Round Table. This Is small group
Of War Between the-States aficionados who dis
cuss historical events &. Milt Grant has written
a new song and is forming his own record
company. !. "A tiny blond miss with q powerful
voice has been visiting local live shows plugging
her new bouncy tune, Everyday" she's
sprghtly Tina Robin. . . Romper Rooms school
mistress Miss Sally. was thrilled when she re-
ceived ticket from her Iowa Congressman for
the State of the Union message. :. The Feb
ruary issue OF Tv Radio Mirror contains feature
about the producer and principal Of all Romper
Rooms-Bert and Nancy Claster Of Baltimore.
Milford chronicle., 1958-10-24

was formed end Marsha Townsend.
Patrol Leader, led the flag cere-
Inony. Then Mrs. Hitch, Assistant
leader, welcomed Mrs Evans to the
troop and asked her is she was will
ing to pledge herself to keep the
promise that all girls or adults
must make to become a Scout. Mrs.
evans gave her promise and was
told, now that size had made the
promise, she must do her utmost to
make Scouting live forever
throughout the world, by keeping
alive the spirit of love and service
1t is her responsibility to bring to
ler fellow scouts things that are
beautiful and true.
Mrs. Hitch pinned Mrs. Evans
with the Girl Scout Pin and World
Pin, and then wished her great
happiness in her work. Good luck,
Mrs. Evans.
The girls were then ready to
initiate Mrs. Evans. She was blind
folded and barefoot. She was asked
to walk on crushed ice, over stools,
in mud, on feather pillows, in ice
water end then asked to put her
hand in skinned grapes and to eat
cooked spaghetti. After going
through this, we believe Mrs. Evans
can tackle most any problem which
may arise.
This past week Troop rs planned
a Halloween. Party Dance to be
held at the Kiwanis Youth Build
ing. The decorations are being
planned by Bonnie Hoey, Chairman,
JoAnn Collins and Marsha Town
send; the program by Chairman
Judy Jefferson, Shirley Postles,
Dona West, Sue Kirby and Pat Du-
Bois; the refreshments by Barbara
Hitch, Chairman with Jennie Arm
strong, Nancy Griffith and Sandra
Nizenheltzer.
For the next two weeks, these
girls will be selling peanuts, mints
and candy. With the money they
make they are looking forward to
lodge camping at Redden Forest
Milford chronicle., 1958-10-24

this winter, and spring camping in
tents at Blair's Pond.
The second meeting of Girl Scout
Troop 33 was devoted to surprise
birthday party honoring Nancy
Clendaniel.
We met at Mrs. Garrett Grier's
and then proceeded to the Glen
daniels home. Boy, was Nancy sur
prised when we entered shouting
"Surprise! After Nancy opened
her presents, Mrs. Clendaniel pass
ed each girl number. To our
amazement we were getting ready
to go on a "Scavenger Hunt.
think every neighbor within three
block around was trying to find
some kind of an article for the
three different groups. We wish to
thank these people for helping us
Everywhere we went we received
at least one item on our list.
Mrs. Clendaniel must have really
done some thinking in making out
our list Some of the things were
the name and address of an owner
of a black cat, The signature of a
left-handed person, iiye items that
began with the letter m, an old
IKE" button, etc.
OF course, the group l was in
lost, but only by twenty minutes.
Everyone surely got their exercise
running from house to house that
night.
Then came my favorite part of
the party-the refreshments, which
were really delicious. Next we play
ed fortune telling game which
was also fun.
Scribe. BeverIy ArgC
Milford chronicle., 1958-10-24
HARD TO SWALLOW

BRAZIL, Ind. -(P)- Perhaps il
was just as we'll that Mrs. Charles
Rector shot the snake she caught
swallowing an egg in her henhouse.
The egg the reptile was gulping
was made of glass.
Milford chronicle., 1958-10-24

Bullfights are still the most pop
ular attraction in the Roman amphi-
theater at Aries in southern France.
Milford chronicle., 1958-10-24

Basting poultry and meat as it
roasts is good way to keep the
surfaces from becoming dry.
Milford chronicle., 1958-10-24

Knoxville. Tenn, has long be n a
Republican community in a Demo
ctratic state
Milford chronicle., 1958-10-24

Long Beach, Calf, now noted
seaside resort. was once a cattle
range.
Milford chronicle., 1958-10-24

Aristotle, the philosopher. said
that poverty is the parent of revo-
luton and crime"
Milford chronicle., 1958-10-24
More recent winnsrsl


More recent winnersl
ROSE ALLoWAY
Gen. Del.
Reistertown, Nd.
MARTHA WALTON
RI. fl
Reisfersfown, Nd.
ROBERT JUSTICE
r. IA, % couIsentown
Store. Elkton. Nd.
CARMEN CARLOS
50 So. Governor Av.
Dover, Del.
EDWARD sERMAN
MiIIsboro, Del.
MRS. LAWRENCE PICKETT
Box ia, Woodbine. Nd.
MRS. G. ]. DONOVAN
476 w. King ST.
York, Po.
MRs. MERLENE HUBER
1855 Kentucky Av.
Baltimore Is, Nd.
MRS. A. 7. MCCORMICK
1910 Tenth St.
BoItimore y, Md.
MRS. STANLEY ADLER
1915 cIorinth Rd..
Baltimore Is. Nd.
THELMA TATMAN
FELTON,, Del.
MRS. 3. q. DARBY
4o3 S. Morylond Ay.
Wilmington, Del.
BERTHA oRENDoRF
Union ST.. Box 1856,
MiIIsboro. Del.
MRS. S. c. SARGENT
607 Phillips 81.
Secford. Del.
ELSA KITTEl
Warren Rd.,
coekeysviIIe, Md.
MRS. DAVID COLE
RD fl. Bunker Hill.
Middlefown, Del.
MRS. c. LssLlE wix
lo5A Fleming ST.
Eicrringfon, Del.
HAROLD FISHER
522 Merry ST.
Dover, Del.
CATHERINE LAWroN
RD#l, MiIlsboro, Del.
MRS. BEATRICE LINGO
80 McryIond Av.
Rehoboth, Del.
ANGELINA WARD
3l6 Third St.
Lewes, Del.
MRS. MARIE WAYMAN
516 Lincoln 81.
Denton. Nd.
MRS. G. e. EYLER
u w. wilson biVo.
Hcgersfown, Nd.
JANET N. ROBERTSON
1907 Aberdeen Rd.
Towson 4, Nd.
MRS. CHARLES E. FORD
~ DeIowore St.
Smyrno, Del.
MRS. HAROLD SHORT
RD 5 CroveI Hill
Georgetown, Del.
MRS. MIlLARD Belts
RD H@. Milford, Del.
MRS. ROWLAND G.
MITCHELL, DUPONT Hwy.
MiIIsboro. Del.
VIRGINIA MosLEY
RI, Box 1877,
Dover, Del.
CLIFFORD HAWKINS
50 E. Cleveland Av.
Newark, Del.
MRS. A. J. GOODWIN
3l3 Rossiter Az.
Bol:imore IL, Nd.
o. z. BUELL.
Hogersfown. Nd.
SelbyviIe, DEL
MRS. w. c: STAPLES
2117 Lewisdole
dyoffsviIIe. Nd.
MARGARET MILLS
G. Main St.
Middlefown, Nd.
BETTY LONG
z22 Seymour ST.,
CUmberIond, Nd.
D. w. coULBouRNE
Kings Hwy, Lewes, Del.
WANDA LAsALLE
lo4 DoIlos Az,
Nework, Del.
ROBERT FoURNIER
3o15 Weover Av.,
Bolfimore, Nd.
MRS. D. sTANkIEWicZ
321l Foster Av.,
Baltimore ~, Nd.
MARTHA SCHMIDT
65I6 corkIey Rd.
Boltimore, Nd.
cALLIE JENsON
7l75 HoIobird Av.
DUndolk. Nd. (22)
TERRY [. HAAsE
6116 Loeb Rover Blvd.
Towson 4. Nd.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-21
Savings & Loan Assets
OF Billion Forecast

The 20 members of the Dis
trict Savings and Loan League
expect to have combined assets
totaling 81 billion available to
home buyers by December 81,
President Richmond H. Gibson
announced today.
Writing In the September is
sue of Washington Realtor
official publication of the Wash
ington Real Estate Board, Mr.,
Gibson said the combined as
sets on June 80 aggregated
1896 million.
OF this, more than $840 mil
lion was represented by total
accumulated savings on nearly
$4,000 separate accounts. More
than $500 loans totaling $842
million were outstanding, he
said.
by the end of 1883" he
continued, "our members ex-
pect to have available for home
buyers in this Metropolitan
Area a mortgage pool totaling
81 billion in assets.
This vast reservoir of dol
lars available to home buyers
is a revolving pool devoted ex-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-21
BALTIMORE
MARKETS

Quotations supplied by the United
States Agriculture Department:
Livestock Markets
Cattle 900 and calves 200; cows
made up bulk of fresh receipts; about
five loads OF slaughter steers, two loads
slaughter heifers and four loads slaugh-
ter bulls; about 10000 stockers and
feeders included in run, but bulk Of
these arrived earlier in week; siauRh-
ter steers and heifers slow and about
steady. cows dull, in poor demand with
few early sales fully 50-75 cents
lower, large bulk still unsold; larger
percentage OF utility and commercial
cows in run than recently; bulls mod
erately active and steady; vealers
scarce. steady: stockers and feeders
moderately active and steady; few
small lots average choice to low
prime S60-105S ID slaughter steers.
totaling about 20 head. sold at $500;
two loads ll45-1205 ID good and
choice 25.00-2650; load SS2 ID choice
slaughter heifers 1850. two lots S56-
1000 ID good and choice 24.50-25 90;
few standard cows 1900, few early
sales utility and commercial 1926
5000, Gamers and cutters 16.50-lS.25,
few light Gamers down to 1900; util-
ity and commercial bulls 22,00-24 90,
few Gamers and cutters 20s00-22 o.;
scattered head 10000 ID good and
choice vealers 2S.00-34 90. choice 81 90
and up: 50-head string 75S ID
choice yearling feeder steers %. 90,
three small lots 655-T9a ID good and
choice 25.50-26.5n; small lots 907 ID
common and medium 22.35; so, head
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-21
PEOPLE
IN
BUSINESS

Samuel A. Cravotta of Arling-
ton has been appointed manu-
facturer's representative to gov
ernmental agencies, Naval and
commercial shipyards for Stokes
Nodded Products, a division of
the Electric Storage Battery
Co.. Trenton, N. j.
Theodore X. Chamberlain, in
his first month with the Phila-
delphia Life Insurance Co., was
ninth leading producer among
all agents.
Leon Zimmerman and Vito
BOnannO have been appointed
assistant Salesroom managers
by Robert Hall Clothes. Mr..
Zimmerman is at the Rock
vile branch and Mr.. Bonanno
at Falls Church.
Donald E. LundQuist of the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-21

for loans is Enthusiastically pick
Il ing UP.
Already the shift toward
tighter money and higher in
terest rates is being reflected N
the costs paid by highest-rated
borrowers for loans.
AS recently as June, the
Treasury was paying IA per
cent for a one-year loan: today
tit couldn't get one-year loan
for under "a to az per cent
"a spectacular jump in bor-
rowing costs in so short period
for the worlds highest-calibre
borrower.
AS recently as June, top
grade corporations were paying
3.85 per cent interest on new
bonds; today these same cor
porations couldn't sell identical
bonds with rates under 4.4O per
cent.
Less than two months ago.
states with the highest credit
standing were getting long,
term loans at ga per cent; now
the going rate is 3ls.
So far, mortgage rates haven't
changed.
But the low in borrowing rates
has been seen. The. phase of
easiest money is over. We are
in a transition to another cycle.
And if imitation signals con-
tinue flying, the clamp-down on
the money markets will be Sc
we're. Never before have the
Nations monetary authorities
moved so aggressively toward
higher interest rates so early in
a business revival.
On June 80, in this space. I
led of a column to you with
the words, Get that loan now''
On the premise that the terms
then available were the most
favorable you would get in this
cycle.
Today I repeat the message
with added urgency. The trend
has changed.
Distributed 1858 by The Han syndi.
cate, Inc. All rights reservedl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-21
YOUR
MONEYS WORTH
Loan Costs Going Up
~ SYLVIA PORTER

The cost of borrowing money
is on the way up.
AS the business recovery takes
hold, loans win become harder
to get and it's probable that
increasing numbers Of fringe
borrowers viii find they can't
get as much credit as they
want, and some won't be able
to get loans at all.
At present. loan money is
freely available in almost every
section Of the country. The
banking system has excess cash
to lend to businessmen and IN
dividuals; mortgage lenders are
looking for good risks; states,
municipalities. the largest cor
porations are selling huge
amounts of new bonds in the
capital markets for essential
projects and expansion.
But the pendulum is begin
ming to swing.
From November 1857 to June
1858 the trend of the money
markets was in favor of the
borrower. Down. down, down
went the interest rates as the
economy slackened.
Now, this is what is happen
ing:
To curb infiationary specula-
ton in the stock market, the
Federal Reserve Board has
raised stock margin require
ments from so to 70 per cent
ana approved a rise in the dis
count rate from l34 to 2 per
cent, The increases are UNI.
mistakable signals from the
Central Bank to lenders to
guard against inflationary loans
during the next upturn.
BODYBUILDING is climbing
and the demand for mortgage
money is increasing. Business
men are slated to ask for more
funds to finance their rebuild
ing of inventories. Competition
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-21
FOREIGN ExcH'GE.

exchange rates, Great Britain reif n
dollars. others in cents (unchanged
unless otherwise notedl:
Canadian dollar in New York open
market 3 11l16 per cent premium OF
1903 .6S3s u. S. cents on 3/32,
Europe: Great Britain tpoundl
So. 80 1882. up 3i32; 30 day futures
ESQ 1882, up M so day futures
$50 1882. up ! L32; 90 day futures
30 $3.50: BelEium tfrancl 2.0OSs
many (western) tdeutsche mark % 81:
Holland (guiloerl 26.43; Italy lliral
1914. Of cent: Portugal (scudol $50:
Sweden (kronal 1884; Switzerland
frame tfreel 1884; Denmark (kronel
IA. so.
Latin America: Argentina freel
2.2S; Brazil tfreel n OF a cent
Mexico 8 oil: Venezuela (bolivarl 5000
Far East: Hong Kong dollar 1850.