Federal Reserve loosens grip on bank reserves
The Federal Reserve Board cut the time deposit reserve from 6 to 5 percent, freeing about $350 million for loans to home buyers and stressed governments. The change targets $10 million in time deposits, with Oct 1 as the effective date, affecting about 5,800 banks. The move also closes a loophole for big banks by reserving 5 percent against bank affiliate commercial paper, while housing starts rose to 1.58 million units annually last month.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Reserve Board
Federal Reserve
Federal Reserve System
Commerce Department
Stamford to Decide on Forest Land Sale to Federal Agency
Stamford faces a public hearing on selling about 5 500 acres of forest land to the U S Forest Service. Selectmen plan to take the matter under advisement and meet Thursday to decide, amid opposition based on economic loss to town revenues and low Forest Service offers. The land includes 3 500 acres owned by Frank J Opie and 2 000 by Lincoln Haynes, priced at 500 per acre but offered around 130. Rejection would echo 1967 efforts when a larger parcel was not approved.
MENTIONED IN THIS ARTICLE
Stamford
U.S. Forest Service
Howard Sherman
The
Planning Board
Forest Service
Frank J. Opie
Ayer
Mass
Lincoln Haynes
Wilmington
Fred Witham
Carl Taylor
Shaftsbury Girls Win Awards at Dairy Day
Miss Gail Bishop of Shaftsbury aged 17 and a MAUHS graduate won the state 4-H Dairy Day top champion title at Burlington with a 13 month old Holstein senior calf High-Winds Jackie. Teammate Wanda Lawrence also excelled, reaching showmanship finals and earning the Jersey junior championship. both are MAUHS alumni.
MENTIONED IN THIS ARTICLE
South Burlington
Gail Bishop
Shaftsbury
Mt. Anthony Union High School
Bennington
Fred Bishop
Hi-Hopes Dairy Club
Robert Flynn
Bishop
Jackie
Burlington
Virginia
Wanda Lawrence
Alvan Lawrence
MAUHS
Bennington County
Calf-Rustling Case Yields Suspended Sentence Three
Three youths from the Bennington area pleaded guilty in Bennington District Court to stealing a three month old Holstein calf from James Kelleher of Dorset on July 26.
MENTIONED IN THIS ARTICLE
Bennington District Court
James Kelleher
Dorset
Bennington Briefs highlights and local court notes
Square dance signup on Sept 15 at Willow Park pavilion offers a free, no obligation chance to try Gadabouts dancing. Village officials report litter cleanup costs from Sunday's parade with a sweeper and sidewalk sweep required. Bennington Car Wash weekly specials listed. Judge Morrissey handed 90 day suspended terms and probation to three defendants including Deborah Ferenc who also paid a fine for speeding. Two California youths held on burglary and marijuana charges. other local cases include a sanity plea and a motorcycle licensing violation fines.
MENTIONED IN THIS ARTICLE
Willow Park Pavilion
Park Street
John P. Morrissey
Philip Bourn
RFD
Poultney
Stanley Peterson
Manchester Depot
Deborah Lee Ferenc
Pawlet
Bourn
William C. Sennett
Miss Ferenc
Robert Kennedy
Dorset
California
County Sheriff's Office
Simon Barendse
Arlington
Mylie Eugene Durham III
Susan Claire Menard
San Francisco
Calif
Robert E. Cummings Jr
Oil Quotas Continue Amid Price Shifts and Reactions
Senator Muskie cited a Maine paper noting a 35 cent per barrel price rise at an New England oil terminal effective Aug 12 following a 45 cent hike on July 1. He argued no incentive for heavy fuel production due to import protection while the industry shifts to gasoline diesel and jet fuel. Rep Bush praised Nixon's policy as restoring faith and defeating the tariff plan, while Sen Tower defended continuing quotas as vital to national interests.
MENTIONED IN THIS ARTICLE
Boston
New England
Maine
Muskie
George Bush
R-Tex
Nixon
John Tower
Vermon t Aeronautics Board picks Depuy to succeed Knapp
The Vermont Aeronautics Board named William N. Depuy of Chelmsford Massachusetts a 38 year old aeronautics administrator to replace retiring Commissioner Edward Knapp. Depuy led airport conversions in Manchester New Hampshire and Bangor Maine and served nine months with the Massachusetts Port Authority.
MENTIONED IN THIS ARTICLE
New
Manchester
Bangor
Massachusetts Port Authority
Boston
Vermont Aeronautics Board
Cash Found In Bennington Under Police Investigation
Vermont State Police investigate a substantial sum of cash found at Four Corners Main Street Bennington. Four minor Shaftsbury boys reported discovery and authorities urge anyone who lost such cash to contact the Shaftsbury Barracks as the inquiry continues.
MENTIONED IN THIS ARTICLE
Vermont
Four Corners
Main Street
Bennington
Shaftsbury
Shafisbury Barracks
New Fiction and Nonfiction Titles at Bennington Free Library
A long list of new books across genres appears for Bennington Free Library patrons. Fiction includes Asimov Foundation titles, Belted Cowboy era tales, Bradbury science fiction, Galsworthy and Hemingway works, and biographies from Stalin to Merlin. Nonfiction covers law, history, psychology, medicine, and craft subjects, with classics like Plymouth Plantation and Livingstone’s River plus guides on drugs, decorating, electoral process, and horse racing. Remember to reserve unavailable titles.
MENTIONED IN THIS ARTICLE
Asimov
Foundation
Empire
Second Foundation
Washington
Maine
Bradbury
Illustrated Man
Buchanan
Crown
Christie
Agatha Christie
Florence Doyle
Daley
Francis
Galsworthy
Forsyte
Hemingway
Jones
Janson
Jellison
Ethan Allen
U.N.H. Kornfeld
Doubleday Book
Lewis
Seacoast
United States
U.S
Magill
Martelli
Livingstone
David Livingstone
Zanchezi
Martin
Amistad
Reinhardt
Town Fathers Decide Village Water Board Future
Norton Barber told Bennington Selectmen that the Unification Act does not require continuation of the Village Water Board after consolidation on Jan 1. The village charter will vanish and water board composition will be set by the selectmen, with an upcoming meeting to discuss continued operation and funding options, including bond issuance or higher water rates.
MENTIONED IN THIS ARTICLE
Norton Barber
Bennington
Village Water Board
Putnam
Water Board
Water Department
Campbell
Town Water and Sewer Commission
North Bennington Water Board
Barber
Alexander Drysdale
Selectmen
Obituaries and deaths listed in Bennington area
Obituary notes for Mrs. Helen Tompkins Wood of 106 Observatory St wife of Walter C Wood principal emeritus of Bennington High School dies at Puntam Memorial Hospital after seven weeks illness aged 74 born Sept 25 1895 North Bennington educated locally married Aug 4 1917 survivors include daughter Mrs Julian Preuss and grandson Julian Preuss Jr service at Hanson Walbridge Funeral Home with Rev Edward T Patrick burial Grandview Cemetery no calling hours contributions may go to Bennington Rescue Squad Also notices John Ericson 88 dies in Troy N Y once part of the South Cambridge community Frances Henderson Davis 59 of Greenwich stepmother of Mrs Linda Goff Bennington died unexpectedly at home survived by husband two stepsons stepdaughter sister brother eight grandchildren funeral at Greenwich with Rev John R Columbus burial Woodlands Cemetery Cambridge Gertrude McGarvin Hoosick Falls died at Mary McClellan Hospital Cambridge NY lifelong resident survivor Julia McGarvin funeral Thursday at Mahar Hoosick Falls with burial at St Marys Cemetery details include calling hours Wednesday”
MENTIONED IN THIS ARTICLE
Helen (Tompkins) Wood
Observatory St
Walter C. Wood
Bennington High School
Puntam Memorial Hospital
Daniel D
Mary (Matteson) Tompkins
North Bennington
Mr. Wood
Bennington
Funeral Home
John C. Meek
Greenwich
Albert Davis
Cambridge
John Davis
Marilee Hall
Newcombe
N.Y
Taylor Henderson
Natalie Beck
Schaghticoke
Charles A. Ackley
John R. Columbus
Centenary Methodist Church
Woodlands Cemetery
Gertrude McGarvin
Davis St
Hoosick Falls
Mary McClellan
John and
Anna
Peters) McGarvin
Julia McGarvin
St. Mary’s Academy
Lurie
McGovern Critiques TV Coverage of Government Views
The remarks argue the Chief Executive’s communications with the public should be unabridged and insist networks must allow government voices with differing views. He contends news programs and interviews are not adequate for this purpose.
West Hoosick Barn Lost In Flames
A large barn on the A W Rowley farm in West Hoosick burned around 9 30 a m with an old Mercedes car and a tractor inside The owner Mrs Rowley saved a jeep in the basement Firefighters from West Hoosick saved a nearby chicken house but the barn was completely destroyed The Rowley residence and other outbuildings were not endangered by the blaze North Hoosick did not need mutual aid assistance
MENTIONED IN THIS ARTICLE
West Hoosick
N.Y
A. W. Rowley
West Hills
Rowley
North Hoosick
Hospital Notes Admissions and Births In Cambridge and Bennington
Hospital notes list admissions including Mrs Mary Jean Wright Mrs Gail Johnson Bennington and several others with locations in North Bennington Pownal Shafts bury Births recorded for August 17 to parents Floyd Wooddell Jack Ward Thomas Moore John Billett and Bruce Bracken Sr with multiple addresses in Cambridge Hoosick Falls and North Bennington Discharges cover Jerald Crawford Florence Bishop and others including Sheila Tardy Marie Schmigel Malah Bernard Garry Church and Barbara Sweet with daughter in East Arlington Hoosick Falls Petersburg N Y and Woodford
MENTIONED IN THIS ARTICLE
Mary Jean Wright
Gail Johnson
Bennington
Ann P. Mackey
North Bennington
Joseph J. Tornabene
North Pownal
Anthony J. Myers
Anna Niles
Shaftsbury
Jerald C. Crawford
Woodford
Florence Bishop
Marie Tatro
Sheila Tardy
Pownal
John Jones
Hoosick Falls
Barbara Sweet
East Arlington
Marie Schmigel
Malah Bernard
Floyd Wooddell
St. Luke Place
Cambridge
N.Y
Jack Ward
McCarthy Road
Thomas Moore
R.D
Selectmen Eye YMCA Financial Crisis In Executive Session
Bennington selectmen met in executive session to discuss the “financial crisis” facing the Southwestern Vermont YMCA. Chairman J Duncan Campbell called the situation very serious and said the town might inherit the problems if the organization cannot raise funds. The YMCA has struggled to finish its new Gage Street center, raising the possibility of a municipal bailout.
MENTIONED IN THIS ARTICLE
Bennington Selectmen
J. Duncan Campbell
Vermont
YMCA
Campbell
Gage Street
Selectmen
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Stamford Coal
Shaftsbury Girls
Bennington Briefs
Michael J. Hogan Sr
Bennington Minit
Bennington Rd
William J. Noyes
Cummings
Morrissey
Noyes
Waterbury State Hospital
Stephen Raymond Black
Aeronautics Board
Knapp
Snelling
Depuy
Aeronautics Department
Manchester, New Hampshire
Edward R. Lamb
Department of Public Works
Higgins
Lamb
Roland E. Scott
Bellows Falls
George Rogers
Rogers
Peter Schaad
Selectman Fraiser
Town Zoning Board of Adjustment
Fraiser
Selectman
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Selectman Higgins
Planning Commission
Frasier
Women’s Liberation Movement
Bennington Free Library
Maybury
Highlands
Angle
Lincoln Reader
Barnard
Samuel Beckett
Bradford
Plymouth Plantation
Massachusetts
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Supreme Court
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Draper
Eisenstaedt
Martha’s Vineyard
Eilenberger
Gamow
Mr. Tompkins
Huson
John Ericson
Troy
South Cambridge
Ericson
New Trinkle Farm
Wilbur Farm
Tollison Road
Frances H. Davis
Frances Henderson Davis
Linda Goff
Easton
Orrin F. Davis
McGovern
Jacksonville
Garry Church
Petersburg, N.Y
John Billett
Pleasant St
Bruce W. Bracken Sr
Salem's
Hamburg
Moses’ Farm
SALEM