Banks Raise Interest Rate On Loans For Business
The prime rate for short term business loans rose to 5 percent, marking the second increase in three months. Morgan Guaranty Trust led the move with others nationwide following quickly, affecting credit costs for firms and potentially raising consumer loan rates later. Banks in many cities including Indianapolis, Minneapolis, and Los Angeles joined the action, with Washington silent on the Treasury or Fed stance. Some observers view the White House tolerance as a tool to curb rapid economic growth.
MENTIONED IN THIS ARTICLE
Morgan Guaranty Trust Co
New York
D.C. Sutherland
Bank of America
San Francisco
Tata
Indianapolis
Miascopelis
Minneapolis
Milwaukee
Richmond
Norfolk
Los Angeles
Washington
Wik House
Treasury Department
Federal Reserve Board
Johnson
White House
Edmund McCawley Dies at 75 in Suburban Ithan
Edmund S. McCawley 75 longtime state deputy secretary for forests and waters died at his home in suburban Ithan yesterday. He served until 1952 and was noted for his work in conservation and state land management.
MENTIONED IN THIS ARTICLE
Edmund McCawley
Philadelphia
Edmund S. McCawley
Ithan
Navy Seaman Hulings to Join USS Constellation
Donald D. Hulings 19 son of Mr and Mrs Alden Hulings of 617 William Street departs tomorrow for San Diego to join the USS Constellation as a machinist mate. He has been home on leave after finishing training at Great Lakes Illinois.
MENTIONED IN THIS ARTICLE
Donald D. Hulings
U. S. Navy
Alden Hulings
William Street
San Diego
Calif
Constellation
Hulings
Great Lakes
Ill
Troop EB Erie area reports February traffic stats
Captain Robert L Dunham announces February results for State Police Troop EB covering Erie Crawford Venango and Warren counties. Among 183 motor vehicle accidents two fatalities occurred vs seven deaths from 212 accidents last year. Reckless driving speeding and improper signals lead the list with 1180 arrests mainly for speeding and reckless driving.
MENTIONED IN THIS ARTICLE
Robert L. Dunham
Erie
Crawford
Venango
Warren Counties
April Draft Call Drops to 21700 Men Nationwide
The Defense Department reports the April draft call at 21,700, the lowest since last August amid Vietnam buildup. Pennsylvania will provide 1,001 draftees, with the rest of April allocated to the Army and others via voluntary enlistments. March call stood at 22,400. motor vehicle equipment issues and overweight trucks cited. Driver tests: 999 processed, 722 passed, 277 failed.
MENTIONED IN THIS ARTICLE
Defense Department
Harrisburg
Pennsylvania
Army
Navy
Marine Corps
Air Force
Department
Also Mentioned on This Page
Bank Emales Petes Decentericce Corporat
Waterhouse
Elmview Jersey Dairy
Columbus-Lottsville Road
FORD
GARE
Cut Syndicate, Incs
Dick Stroup
Jobs
Rite
the Journal
Mitti
American Breeders Service
Don Knapp
E. E. Nee Hardware
Roberts Furniture
Ata Iron Fireman
Jeep Sales
Catte
Atia
Cliff Buesink
West Smith Street
Corry, PA
Willys
Su. C. Christensen Motors
Mercury
Comet Heberlein
Dodge
Dart
Guy M. Fish
Spartansburg
Turben
Chevrolet
Worth Hammond
Corry
Tosane
Davis Radio
Fred Ruffener
Columbus
Than
Pas
Jody Cottle
Garden Center
Studebaker
Chevrolet Bel Air
First Avenue
Kloss TV
North Center Street
Help
Chase’ Venus East
Clymer
Financial Corporation
Erie County Plastica
Renee
Corry Country
Vo Soarials
Skafferlin’ Sales and Service R. D
Union City
Morse Walker
Findley Lake
N. Y
Musical Goods
Ilsed Bohman Tie Company
East 10Th Street
Eee Cn
Planos
Fae Gage Arcane
Tepresen Winter Company
Tate Street
Sit
Dorothy Mathews
Engle Furniture and Builders Supply
Columbia
Sinnesia
Roberts An
Wellman
ENGLE
Armstrong Viny
Scotts
General Auto Repair
Frank’s
Phare
Thomas Meters
Franklin Street
Robert G. Tunnell li
South Center Street
Merle C. Dodd
Shirley Hammersee
Pos
Gwen Sprague
Bainbridge
Meadville
Amn
Real
c/o Corry Journal
Norvelle Sherman
Phone Porter
Jennie TD Wilie
Archie Tate
Guy Butters
Corry Memorial Hospital
Jennie B. Willis
Atis
Airport Authority
Ilor
Municipal
Cor Ty
Iisa Fhe
Stewart A
Corry Red & Gun
Wally ‘Tabor
Rex Theatre
Shamburg's
Cochran
Swanson's
Jerry's
Jansen
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