Manifold Money Policy Strains Economy And Banks
The article discusses monetary policy, noting the Fed constrains banks to hold more reserves, reducing lending by about 550 million dollars and risking higher costs. It argues coordinated fiscal and monetary action is needed, with tax increases previously considered but not enacted, while inflation fears and recession risks shape the policy stance.
MENTIONED IN THIS ARTICLE
Joan Comnee
New York
Federal Reserve Board
Fed
Mone
Christmas Spirit Shines At Highlands Junior School
Highlands Junior School hosts a busy Christmas season with door decorations, intramural prizes, art posters for a basketball game, and a joint choir and band concert. Seventh and eighth grade choirs, the Girls Octet, and the sixth grade band performed festive selections under directors Miss Jean Venfabi and James Cunningham, accompanied by Mrs. Charles Freeman. Student Council creates a Christmas tree display in the cafeteria, sells tickets to benefit Rotary Club and the school, and rewards eighth and seventh grade football teams with a holiday ice cream treat and a trophy for the season's achievements.
MENTIONED IN THIS ARTICLE
Connie Scott
Highlands
Charlie Brown
Highlands - Baytown
Jean Venfabie
James Cunningham
Jeanette Isabella
Christ
Iasters
Charles Freeman
the Crusaders
Eagle Band
Bright Eyes
Sandra Bilnoski
David Alexander
Becky Barnett
HJS
Highlands Rotary Club
Rotary Club
New U S stamps announced for early January release
Postmaster General Lawrence F. O Brien announced new stamps to go on sale in January. A one center Jefferson likeness will be released January 12 while the 10 cent air mail stamp debuts January 5 ahead of rate changes.
MENTIONED IN THIS ARTICLE
Lawrence F. O’brien
Thomas Jefferson
No. 2 Kashmir Leader Dies In Pakistan
Veteran Kashmir figure Chaudhri Ghulam Abbas dies in Rawalpindi after stomach cancer. Abbas aged 33 was ranked second after Sheikh Abdullah among key Kashmir leaders and active in politics since 1931.
MENTIONED IN THIS ARTICLE
Kashmir
Pakistan
Rawalpine
Chaudhri Ghulam Abbas
Abbas
Sheikh Abdulla
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Teen Times
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Ace
H. HL Whitmore
Cmdr. R
Ashwood
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Aed
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Goose Creek
Holt
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Texas
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Roy DO
Prince's Reller
Gck St. Highlands
Weickersheimer Manor
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Trainer's Prive
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Lounce
Baytown
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Crosby Road
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Brunson Theatre
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Jena M. Shearer
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Mac Hunter
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Holzaepfel
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la Porte
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Hemlock
Baker Rd
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General Electric
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