Confusion over interest compounding and bank deposits
The piece explains how daily and continual compounding yield small differences, notes regulators aim to boost depositor returns, and discusses rising rates, outflows, and high yields on three month Treasuries. It mentions the Hunt commission recommendations for phasing out rate ceilings and expanding thrift powers.
MENTIONED IN THIS ARTICLE
Federal Reserve
Treasury
Federal Reserve Bank
Presidential Commission On Financial Structure and Regulation
Reed O. Hunt
Hunt
Savings
Senate inquiry details Nixon documents clash
Senate sources describe an emotional call nine days earlier in which Senator Ervin pressed President Nixon to release documents. He reportedly told Nixon he had no constitutional basis for executive privilege and urged turning over materials tied to the 1972 campaign and any law violations.
MENTIONED IN THIS ARTICLE
Senate
Ervin
Nixon
Wreck Near Brooksville Critically Injures Decatur Man
A motorcycle crash near Brooksville injures B C Hall 47 of 609 James St S Decatur. He was taken to Huntsville Hospital in critical condition after the 3 15 p m wreck when his bike left the road near Alabama 67 a mile from Brooksville.
MENTIONED IN THIS ARTICLE
Brooksville
Decatur
Huntsville Hospital
B.C. Hall
James St. S
Decatur General
Judy Stone
Southend Ambulance Service
Hall
Alabama 67
Bicycle Unit Targeted For Decatur Middle School Teachers
A July 30 to August 3 workshop at Brookhaven Middle School offers 5th to 8th graders hands on bicycle training and safety. Space remains for 35 students with admission of 2.50 for materials. Educators from the Southeast will observe as six Brookhaven teachers use film strips and practical demonstrations to teach bicycle concepts.
MENTIONED IN THIS ARTICLE
Decatur
Brookhaven Middle School
Brookhaven Workshop
Brookhaven
Alabama Department of Motor Vehicles and Public Safety
Decatur City Schools
Educational Leadership Institute of Massachusetts
Donald H. ‘Eichhorn
Upper St. Clair
Conrad Toepfer
State University of New York
Philip Pumerantz
University of Bridgeport
Decatur Store Robbed of $150
Oliver Heard, night manager at the U Totem on Westmeade Street, says two black men in their early twenties robbed the store at about 9 p.m. Saturday. They forced him to the back room and stole $150 in cash and the manager’s note says they fled after the incident.
MENTIONED IN THIS ARTICLE
Decatur
Oliver Heard
Utotem
Westmeade St
Heard
Economic speeds slow as GNP shows higher inflation and slower growth
The 3 anti inflation poultry program ran at 8.3 percent a year. The preliminary GNP report shows inflation rising to 6.8 percent in Q2 from 6.1 percent in Q1. Growth slowed sharply from 8.7 percent in Q1 to 2.6 percent in Q2, raising concerns over too rapid a slowdown.
Daily Records at Decatur General Hospital Admissions
Hospital daily notices list numerous admissions and dismissals at Decatur General and related facilities. Names span Decatur and nearby towns including Shelbyville Athens Moulton and Courtland with multiple patients and several births noted at Decatur General Hospital.
MENTIONED IN THIS ARTICLE
Baugh-Wiley-Smith Hospital
Oliver Z. Handley
Decatur
Bennie Mason
Velma Irene Jones
Shelbyville
Tenn
Herbert L. Stokes
Annie Mae Stover
Moulton
Gertrude Morris
Courtland Buford Filyan
Trinity
Joyce Faye McCafferty
Athnes
Odell Neal
Kathi Dyer
Clayton Terry
Courtland
Myrtle Goodson
Somerville
Elsie Bradford
Harvey Dennis Norris
Decatur General Hospital
Richard Floyd Adcock
Crucia Irene Sharp
Cleo Calvin White
Elkmont
Richard Lockett
Madison
Dewey Waters
Sandra Ann Parker
Hillsboro
Walton Grigsby McGlocklin
Athens
Timothy Robert Pitt
Dorman Odell Speegie
Crane Hill
Larry Williams
Larry Hogan
Body found in mistreatment chamber house in Miami
Police opened a concrete block in a shower to reveal a severely harmed young man, identified as Albert Brust, 44, a Dade county building inspector. A severed head, limbs, and marks from a sharp object were found. A separate corpse sat in a lawn chair outside, suspected poisoned.
MENTIONED IN THIS ARTICLE
Miami
Albert Brust
Dade County
South
Brust
Metro Public Information
Doug Taggerty
Don Mathews
Mathews
Metro
Fort Lauderdale
Richie Dew
Two Injured In Decatur Mishap
Two area men were injured around 6 p.m. Saturday in an automobile accident on State Street in Decatur. James Steven Pope, 21, of 904 Beaty Street, Athens, and Johnny Pylant of State Avenue, Decatur, were treated and released at Decatur General Hospital.
MENTIONED IN THIS ARTICLE
State St
Decatur
Judy Stone
Southend Ambulance Service
Decatur General Hospital
James Steven Pope
Beaty St
Athens
Johnny Pylant
State Ave
River Weather Report for Decatur and Vicinity
Highs near 92 with 74 degree overnight low. Partly cloudy and hot with a chance of afternoon thundershowers today and tomorrow. Twenty percent rain possible. Temperature readings through the 24 hour period show highs around 89 to 88 and lows in the mid 70s with sunset at 7 56 p.m. and Monday sunrise at 5 49 a.m.
Also Mentioned on This Page
Hallmark
Mark
William Adcock
Ardmore
Annie L. Caver
Bell Tucker
Clarence West
Dennis Norris
Daniel Stephens
Travis Gossett
Lonnie Hammock
R. A. Sparkmen
Elmer Jack Lestson
Nelza. Jeffreys
Lurene Robinson
Annie Rogers
Blanche Brooks
Thomas Fletcher Parks
Bobby Wayne Collins
Hartselle
Chesley Cornie Turner
William Arthur Worley
Vaihermosa Springs
Chris Bradley Thompson
James Voil Pierce
Ida Melane Johnson
Bermen
Beth Jan Harville
Rhonda Joyce Hollingsworth
Leslie Arthur Snead
Clyde Norwood
Lester Wooten
Regnaldo Pickens
Mount Hope
John Willard Frost
Earline Williams
Daren Wayne Fletcher
Harold Dean Parker
Thomas Daniel Johnson
Beverly S. Stroup
Danville
Jerry Wayne Oor
Edward Layfayette
Ashford
Charles Ray Askew
Jerry Loyd Wallace
Linnie Mae Herchenhahn
Charlies Clyde Graves
Lewis B. Miller
Harold Wayne Sapp
Roy Houston Kelsoe
Harte
Charlies Loyd
Terryes
Johnny Luke Still
Cullman
James Allen Harris
Charley Milborne Kennedy
Raymond Alvie Brown
Frank Gentry Daugette
Lacey Ings
Decatur General Pital
Joyce Hood Pools
Ala
OLIN
Pes Am
Thur
Great St
Sixth Avenue
Sixth Ave
Jefferson
Hortselle
U.S
Highway 31
Decatur and Vicinity
Kennedy
Lee St
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