Word: philadelphia
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Dates: during 1950-1959
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...Singers Roberta Peters and Blanche The-bom and Conductor Leopold Stokowski, the Philadelphia Orchestra for Soviet Pianist Emil Gilels and Violinist Leonid Kogan (who are in the U.S. now), plus the Bolshoi Theater Ballet and other stellar attractions...
JOHN C. PICKEL JR. Philadelphia...
...seven-man Federal Reserve Board went a request for help last week from the Federal Reserve Bank of Philadelphia. Philadelphia's President Alfred H. Williams argued that a tonic was in order for the nation's recession. Could Philadelphia cut the discount rate it charged member banks for loans? The FRB promptly approved a ¼% cut (down to 2¾%), the second in two months. In quick succession, six Federal Reserve banks across the U.S. dropped their rates, and the remaining five were expected to follow soon. Said a top FRB money manager: "Look at the news ticker...
Also pressured to act last week was New Jersey s Republican Senator Clifford Case whose commuter constituents are taxed not only by New York but by Delaware and Philadelphia as well. Case introduced a Senate resolution calling for a constitutional amendment to prevent any state or local government from taxing nonresidents. His proposal also plugged by Rhode Island's Governor Dennis J. Roberts, whose constituents are taxed by Massachusetts, has very little chance. Even if it should get by the Senate Judiciary Committee, an amendment would need ratification by 36 states, and about a dozen are already taxing nonresidents...
...Philadelphia Warriors turned on the heat in the last four minutes and beat the St. Louis Hawks in a National Basketball Assn. game yesterday...