Guide to Interest Charges on Loans You Made
A guide explains loan costs for single pay and installment loans. It shows $1,200 over 12 months costs $72, meaning 6 percent simple rate if paid at year end, or 11.08 percent if repaid monthly, with emphasis on translating finance charges into simple annual rates. It notes pending federal truth in lending debates and urges shopping with trusted lenders for clarity.
MENTIONED IN THIS ARTICLE
New York-Q
Paul Douglas
Proxmire
Congress
Senate
Sen. Proxmire
Dwis
Illinois
Shawmut Bank
National Shawmut Bank of Bost
Massachusetts
Federal Food For 117 Summer Camps in Iowa
Iowa camps will receive federal donated commodities this summer totaling 125 tons valued at $41,440 last year. About 14,153 children ate three meals daily across 116 camps, delivering 1,188,870 meals. Commodities include margarine, beans, cheese, milk, rice, oats, and more. transportation and storage costs at Iowa warehouses are borne by the camps.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Driver Passes Bus In Wrong Time Near Tama
Donald Sanders 29 was fined 15 dollars for improper passing after attempting to pass a bus on a two lane road with no passing lines. He traveled east while the bus went west, with his wife and six children aboard, in Tama.
MENTIONED IN THIS ARTICLE
Westville
Ind
Towa
YWCA
YMCA
Scouts
Salvation Army
Tama
Ing
Wayne
Martin
Traer
Sanders
Court of Justice of the Peace
H. E. Fox
Safety Reminder For Drivers on July 4
DES MOINES Town Department of Public Safety Commissioner Jack Fulton and Commander William Fulton announced cooperative effort with 43 Port of Entry towns to distribute a safety reminder to motorists entering Iowa from noon to sunset on July 3 and 4. The message includes Gov. Harold Hughes urging defensive driving and Iowa speed limits.
MENTIONED IN THIS ARTICLE
Des Moines
Department of Public Safety
Jack Fulton
Wiliam Fulton
Department of the American Legion
Inley
Fulton
Harold Hughes
Iowa
One Vote Mandate Ties Up U S Lawmakers For Years
Washington reports the one man one vote mandate has caused three years of legal and legislative wrangling over district sizes. The House and Senate propose different 10 to 30 percent population deviations, with court review looming. Republicans claim gains in districting, while 1960s- era apportionment disputes complicate the path to 1970 census figures.
MENTIONED IN THIS ARTICLE
Washington
UPI
Supreme Court
House
Senate
Supreme
Republican Statisticians
Senate Judiciary
Edward Kennedy
Mass
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By Sylvia Porter
Federal Food For 117
Hou
Kune
Donald Sanders
By Raymond Lahr
Zenith
Bafora
Second Ave
MNB
Tom McCahill
Merchants National Bank
Joan
F.D.I.C