Lenders Brace for Higher Rates Signal tighter monetary policy
Bank of America economist Carlas Arrigunaga says nerves over a Fed move point to restrictive money supply and fewer loans. Lenders seek selectivity, quality, and fear lending at low today's rates if they must borrow at higher future rates. Treasury borrowing and rising commercial loans expected by October could push rates up, deterring new lending.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Fed
Arthur F. Burns
Carlas Arrigunaga
Bank of America
U.S. Treasury
Army LSD war games mock chaos under 1950s test
In a late 1950s Army mock battle, assault troops under LSD were filmed behaving like Gomer Pyle. Dr. John Buckman of the University of Virginia notes lack of motivation attention and chaotic formation as the crew struggled to complete tasks and fire mortars.
MENTIONED IN THIS ARTICLE
Washington
Gomer Pyles
John Buckman
University of Virginia Medical School
Buckman
Gomer Pyle
Korea
Northern feminism vs. golf and school reform uproar
The writer argues HEW enforced school sport integration will harm girls by forcing coed gym and sports, noting golf's separate fees for ladies and a head start for women. He cites Little League cases and compares male strength to female, blasts federal equality as unjust and cites a Wall Street Journal cartoon on feminism.
MENTIONED IN THIS ARTICLE
Wall Street Journal
Reunion Heals Gaps Through Baseball Bond
A family reunion brings Mom together with aunts uncles and cousins from her childhood. Tom, overwhelmed by worries, finds comfort as an elder baseball fan shares memories of Ruth Gehrig DiMaggio Aaron and World Series moments, rekindling old connections and easing his fears about talking with others. He anticipates returning next time and seeks the favorite cousin first.
MENTIONED IN THIS ARTICLE
Tom
Mom
Ruth
Gehrig
DiMaggio
Aaron
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State House
Senate
Turnpike Commission
Commission
Commonwealth
Harrisburg
Pennsylvania Department of Transportation
Jacob Kassab
Transportation
Arnal
Corry
Army
Jack Anderson
Les Whitten
Dr. Buckman
Environmental Protection Agency
The
EPA
Civil Service
Civil Service Commission
Paul Harvey
North
Department of Health, Education and Welfare
HEW
By Dan McEldowney
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