Does It Pay To Reinvest Savings
A discussion on whether savers should cash in high rate savings certificates for reinvestment in top grade securities as rates rise. It analyzes break even points, penalties for early withdrawal, and required returns to profit, citing a U.S. League of Savings Associations view that holders should generally keep certificates.
MENTIONED IN THIS ARTICLE
New York
Should you cash in savings certificates now
Sylvia Porter explains how higher short to mid term rates may reward reinvestment after penalties for early redemption. With Fed policy turning tighter and inflation fears rising, 4 to 6 year notes yield about 7 percent or more, long terms around 8 percent. The Savings Assn. League notes the break even point to switch depends on the reinvestment rate, urging careful calculation with the League arithmetical study.
MENTIONED IN THIS ARTICLE
U. S. League of Savings Assas
Federal Reserve System
U.S. Treasury
Savings Assn. League
League
U. S
U.S. League
E. Wacker
Chicago, Ill
C. Field Enterprises, Inc
Why Hawaii Became the 50th U.S. State
A readable explainer traces Hawaii from monarchy through republic to U.S. territory and eventual statehood. It notes Queen Liliuokalani's overthrow in 1893, annexation in 1898, territorial status in 1900, repeated statehood petitions, a 1940 plebiscite, and Congress action in 1959. President Eisenhower proclaimed statehood on August 21, 1959.
MENTIONED IN THIS ARTICLE
Hawaii
U.S
Doug Kinnetz
Mattydale
N.Y
Pacific Ocean
California
Union
United States
Liliuokalani
Republic of Hawaii
Territorial
Congress
Eisenhower
Riddle Box Quiz Questions From The Box
The items present a short riddle list from The Riddle Box series asking what is over your head and under your hat what has a thumb but no fingers and what can you put in a can to make it.
MENTIONED IN THIS ARTICLE
First National
The Awe Lawyer Hurt Feelings
A legal column protests reputational harm caused by a controversial attorney nicknamed The Awe Lawyer. The piece analyzes the impact on clients and peers, questioning ethical boundaries and professional responsibility in modern disputes.
Lawsuit Over Hurt Feelings Dismissed by Court
Will Bernard Bruce sued a restaurant after a dispute over the check and a waiter’s remark. The court dismissed, ruling that hurt feelings do not support a lawsuit, deeming the claim trivial. Bruce contended the waiter embarrassed him in public, but the judge found no legal basis.
MENTIONED IN THIS ARTICLE
Bruce
Riddles and trivia from the Knowledge Yearbook
A playful item invites readers to submit riddles and jokes to a mailbox for the chance to be featured. It notes a hidden word puzzle where forward reads as a liquor and backward as skeaking, promising the answer in tomorrow's paper and naming Shelley Wells of Dartmouth, Nova Scotia as today''s winner.
MENTIONED IN THIS ARTICLE
Book of Knowledge
Shelley Wells
Dartmouth
Nova Scotia
Canada
Courts award damages for outrageous emotional injury cases
The text recalls court attitudes toward emotional distress, citing an 11 year old home alone threat and a perverse hoax on an elderly woman. It notes that damages may be awarded when fright and harm come from malicious intent and public humiliation, reflecting limits on mockery.
Woman mechanic joins Co C motor pool in Columbus
Yvonne Alexander, the sole woman mechanic in Co C’s motor pool at Columbus, says she preferred a garage to a kitchen and chose mechanic training instead of power generator operation or cooking. After Ft Jackson basics she joined the 197th Infantry Brigade’s Support Battalion at Ft Benning and learns from male peers while studying manuals and textbooks.
MENTIONED IN THIS ARTICLE
Columbus, Ga
Yvonne Alexander
Co. C’s
Alexander
Ft. Jackson
S.C
197Th Infantry
Ft. Benning
Frank
690Th Co
Preparation H touted for hemorrhoidal relief
Doctors report Preparation H provides lasting relief from swelling inflammation and itching in hemorrhoidal tissues. No prescription needed for the ointment or suppositories, with tests showing hours of pain relief in many cases.
Also Mentioned on This Page
Heathcliff
Sylvia Porter
Decatur
Alabama Bancorporation
Downtown
Austin
6Th Avenue
Hwy
Ealung Peng Shay
Edie
Will Bernard
American Bar Association
Alabama State Bar Association