FDIC chief warns of heavy business failures if inflation ends
Maple T. Hart, chairman of the FDIC, urged banks to curb existing credit now to avoid a surge in failures should inflation end and prices stagnate for several months. He cited rising debt, restrained lending moves by the Fed, and urged strengthening capital to weather potential storms.
MENTIONED IN THIS ARTICLE
Washington
Maple T. Hart
Federal Deposit Insurance Corporation
FDIC
Federal Reserve Board
Reserve System
Reserve Board
Hari
United States
Taylor Women Plan Club Parley Tuesday
The Woman's Study Club at Taylor Country Club will hold its first meeting Tuesday at 1 p m. The program centers on gardening and will begin with a luncheon hosted by Mesdames H N Patterson Louis Prewitt Jack N Titsworth Earl Mathews and Miss Mary Moody.
MENTIONED IN THIS ARTICLE
Taylor
Woman’s Study Club
Taylor Country Club
Mesdames H. N. Patterson
Louis Prewitt
Jack N. Titsworth
Earl Mathews
Mary Moody
Forces rehearse invasion counterinvasion tactics at Eglin
At Elgin Field Florida and nearby airspace 8500 servicemen train in operation combine II a third refresher course on invasion and counterinvasion using Namora Deluvia as a hypothetical war backdrop with air sea and ground forces including 100 plus jet fighters B 29s and paratroopers supported by Navy Marine Air Groups and Army units led by Major General William D Old.
MENTIONED IN THIS ARTICLE
Elgin Air Force Base
Fla
Army
Navy
Air
Marines
Gulf
Namora
Deluvia
Atlantis
William D. Old
Tactical Air Command
9Th Air Force
Greenville
S.C
Air Group 2
Marine Air Group 14
3Rd Army
82Nd Airborne Division
Enem
Eglin Field
Air Force
Marine
Georgia
Alabama
Marine Group 14
Supp
Navy Group 2
Galveston Port Seized by Union Forces in 1862
On October 4 1862 Union gunboats Harriet Lane and two others captured Galveston with little resistance. Magruder counterattacked from the sea on January 1, using cotton bale shielding to reach the harbor. The Confederate port stayed open longer than others but lost strategic value after New Orleans and Mobile fell and the blockade tightened.
MENTIONED IN THIS ARTICLE
Galveston
Harriet Lane
Magruder
Texas
New Orleans
Mobile
Llano PTA Plans First Meeting of New Year
The Llano Parent-Teacher Association sets its first meeting of the year for Wednesday with president Mrs. Shirley Williams in charge. The program theme is Evaluation of Home and the opening talk, The Home In the Light of the Health of the Family, will be given by Mrs. Frank Otto.
MENTIONED IN THIS ARTICLE
Llano
Parent-Teacher Association
Shirley Williams
Frank Otto
D. B. Edwards
UT Specialist Opens Retail Credit Lectures in Austin
Sterling S Speake retail credit specialist of the University of Texas Division of Extension will start a five session course in retail credit procedures in the East Room of the Austin Hotel. He will lecture Monday through Friday 7 30 to 9 30 p m to store owners credit managers and sales staff. The ten hour course aims to acquaint merchants with latest developments in the field and enrollments are welcome after the first session. Speake a UT graduate has conducted credit schools across Texas since the war and has taught to over 2000 retailers in 48 cities.
MENTIONED IN THIS ARTICLE
Sterling S. Speake
University of Texas, Division of Extension
Austin
Credit Women
Horace C. Barnhart
Retail Merchants Association and
Retail Credit Executives of
Barnhart
Credit Bureau
Speake
University of Texas School of Business Administration
University of Texas Division of Extension
Texas
Mint Kept Busy With Nickel Production Across 75 Years
The U S Mint produced over two billion nickels in the first seventy five years of their circulation highlighting sustained demand and manufacturing capacity for the five cent coin.
Also Mentioned on This Page
Hart
Commerce Department
Sequona
Comfort Inc
Taylor Women Plan Club
L. East
City Market
Austin American
Austin, Texas
BY Elton C. Fay
Sterling ‘S. Speake
Llano Pta
Hormel
Ua TV Ys Cea A
Vienna
Btn
Austin, Minnesota
Bibles
Schaffer’s
the Greeting Card Center
Congress
E. Sixth Street
UR Westinnghhor
Westinghouse
Irs
Westinghouse Electric Supply CO
East Houston
San Antonio, Texas
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