Correspondent Banking Relationships Undergo Study
A survey of major banks finds wide variance in account analysis charges for correspondent services and suggests potential reform. Findings show earnings allowances tied to money market rates, with large price disparities across banks for transfers and encoded check releases. The study notes rising competition could shift focus to pricing and new services like financial planning and data processing.
MENTIONED IN THIS ARTICLE
Jersey
Robert E. Knight
Federal Reserve Bank of Kansas City
Thearger
Treasury
Treasury Hills
Bank fulfills Platte College pledge early
First National Bank pledged 5000 to the Platte College Foundation over four years and has paid in 3750 to date. George Prochaska, secretary, said 1250 was received this year along with 1250 in 1970 and 2500 last year, completing the original pledge. Brdicko buys partner’s share in Platte Valley Egg & Poultry and will operate sole owner. Buggs continues egg routes. Brdicko remains in Cooper feeds and Matte Valley routes. New J. C. Penney assistant manager Gary Ebel, Columbus, replaces Leroy Foshang. Lee Thomas becomes sole owner of Patriotic Place beauty shop at 3218 5th Street. Oil firm donates diesel power film to University of Nebraska College of Agriculture. Senior Frank A Mislak accepted to National Electronics Institute in Englewood, Colorado. Brunch coined in Britain from breakfast and lunch.
MENTIONED IN THIS ARTICLE
First National Bank
Platte College Foundation
George Prochaska
Foundation
Brdicko
Louis Buggs
Platte Valley Egg & Poultry
Cooper
10Th Street
12Th Street
Blue Star Produce
Buggs
Platte Valley
Gary Ebel
Columbus
J. C. Penney
Leroy Foshang
Gary
Penney’s
Virgil W. Hughes
Foshang
Hur-Mar
SL Paul
Min
Lee Thomas
The
Patriotic Place
Lee
Kaye Noore
Standard Oil Division
American Oil Company
College of Agriculture
State Extension Service
University of Nebraska
Diesel Decisions
Oil Company
Bart Stewart
Department of Information
Allege of Agricultura
University of Nebraska, Lincoln
Neb
Wall Street charter foresees Dow at 1080 by year end
Wright Investors' Service predicts renewed confidence in American business pushing the Dow Jones Industrial Average from the 1966 high of 995 toward 1080 by year end. The piece cites investor sentiment shifts and notes blue-chip stocks leading gains before lower-priced issues follow.
MENTIONED IN THIS ARTICLE
New York
UPI
Wright Investors’ Service
Hoppin
Watson
Lile
Florida's Marco Island grows as pre planned communities boom
Florida developers expand coastal projects with Palm Coast Palm Coast Palm Cove Palm River and Marco Island leading the way in pre planned communities. Marco Island has 3000 residents half retired with 700 houses and 700 condos built plus two hotels a golf club shopping centers an airstrip a school and a medical clinic. The master plan spans 11 years with phased payments and land raised above sea level before deed transfer.
MENTIONED IN THIS ARTICLE
Patricia E
Davis
Marco Island
Fla
UPI
Gulf of Mexico
Nowland
Marca Island
United States
Florida
Marco
Palm Coxst
ITT Community Development Corp
Palm Coast
Mackierothers
Simon
Marco Beach
Gulf Coast
Uschl
Refund confusion on vehicle excise tax for new cars
IRS Nebraska director states refunds on new car and light truck excise tax follow a dealer price formula with manufacturer price adjustments. Refunds apply to purchases after Aug 15 1971 for cars and Sept 22 1971 for light trucks up to 10 000 pounds. Contact dealers for details. no IRS forms or filings.
MENTIONED IN THIS ARTICLE
Richard P. Vinal
Internal Revenue
Nebraska
Vinal
IRS
Decline in 1970 profits for U.S. broadcasters
The FCC reports an 18.5 decline in profits for radio and TV broadcasters in 1970 from 1969, despite a 16 percent rise in broadcast revenue. Television profits fell 18 percent and overall profits declined 7.9 percent as the industry faced weaker earnings.
MENTIONED IN THIS ARTICLE
Washington
Academy Awards History Since 1927 28 Season
The Academy of Motion Picture Arts and Sciences has presented annual awards starting with the 1927 28 season. The event honors achievements in film across multiple categories and has grown into a global cultural milestone.
MENTIONED IN THIS ARTICLE
Academy of Motion Picture Arts and Sciences
IRS Q&A on deductions and withholding for taxpayers
A local IRS column answers common tax questions. It explains that photo lab costs are deductible if photography is for profit, or limited to hobby earnings if not. It covers withholding, noting six rates suffice but taxpayers can adjust via Form W-4, and how divorce affects exemptions.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
IRS
Also Mentioned on This Page
Chicago
Gunter Wegmer
Swift & Company
Here
Laft
Swift
Nhe Telegra
Columbus, Nebraska
Strong - Pressus
Business
Frank A. Mislak
Scotus Central High School
National Electronics Institute, Inc
Englewood
Colo
Britain
Great Britain
Wall Street Charter
Jas
Reyear
Equitable. Savings & Loan Association