Teens reveal how allowance shapes their spending habits
Eugene Gilbert reports on a national survey of 1,107 youths showing 26 percent began regular weekly stipends by age nine or younger. Teen allowances average 3.47 dollars for ages 13 to 17, with girls more likely to receive regular sums though often smaller than boys. Most feel their allowances are fair, while many rely on mom or dad for extra money when budgets run low.
MENTIONED IN THIS ARTICLE
Ann Blackman
Tenafly
N. J
Jack Cullinan
Waterbury
Conn
Judy Oneth
Enid
Okla
Teen allowance survey reveals varied start ages and savings trend
The survey shows 42 percent received their first allowance at $1 or less, 44 percent say allowances end when they start work, and 87 percent of boys plus 64 percent of girls have savings accounts. One third allocate part of weekly allowances to savings.
Congolese Fire On Portuguese Sloops Reported
A Portuguese sloop was fired on by Congolese troops, according to an Angolan newspaper report dated Wednesday. The incident adds to tensions in the region.
MENTIONED IN THIS ARTICLE
Luanda
Angola
Executrix Appointed in Miller Estate Linn County Iowa
On March 1 1961 Frances M Miller was appointed and qualified as Executrix of the estate of Andrew P Miller late of Linn County Iowa deceased All persons indebted must pay promptly Those with claims should file them authenticated in the office of the Clerk of the Linn County District Court Joseph J Severa Attorney for the Executrix
MENTIONED IN THIS ARTICLE
State of Iowa
Linn County
Andrew P. Miller
Iowa
Sara
Carrier Constellation to be commissioned Oct 28
The Navy announced the battleship sized carrier Constellation, badly damaged by fire during construction, will be commissioned October 28, several weeks earlier than the initial estimate. Navy officials said work will proceed to speed the ship into service. The event marks a rapid restoration of the carrier program following the blaze.
MENTIONED IN THIS ARTICLE
Washington
Navy
Constellation
Pan American Found Guilty in Trust Case
A federal judge in New York found Pan American World Airways guilty of violating antitrust laws by restraining air traffic to South America through its actions. The verdict centers on alleged restraints that limited competition and shaped routes and pricing.
MENTIONED IN THIS ARTICLE
NEW York
Pan American World Airways
South America
Judge Urges Final Decree In Pan American Antitrust Case
Judge Thomas F. Murphy urged the government to draft a final decree ordering Pan American to divest its Panagra stock. He dismissed the government’s eight year civil antitrust suit against co defendants W. R. Grace and Co Panagra.
MENTIONED IN THIS ARTICLE
Pan American- Grace Airways
Panagra
Thomas F. Murphy
Pan American
W. R. Grace
iCo
Also Mentioned on This Page
Eugene Gilbert
Gilbert Youth Research Foundation
Dad
Glenda A. Smith
Knoxville
Gail Byrd
Dallas
Robert Creedon
Chelsea
Mass
Mom
Bill Scattaregia
Pittsburgh
Second Avenue
Second Street
Cedar Rapids
Tye
Handker
Louie
First Ave
Frances M. Miller
Joseph J. Severa
Swartzendruber
Iowa Jewelers
Guaranty Bldg
Ist Ave
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