Federal Funds Hit Record High in Cost
Federal funds have surged to a record cost as banks borrow overnight from each other at about 6 percent, eclipsing the Federal Reserve discount rate of 4 percent. The daily trading volume reaches around 4 billion dollars, signaling tighter money conditions and influencing loan costs for cars, houses, and business financing.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Federal
Federal Reserve
Federal Reserve Banks
District Federal Reserve Bank
Water Plan Needs Study for Cheney Reservoir
Reno County commissioners signaled more study is needed before a master plan for water and sewage control at Cheney Reservoir can be developed. Realtors and businessmen voiced concern over long range facilities for waterfront houses at the 15,000 acre lake spanning Reno, Sedgwick and Kingman counties. A second meeting is planned for Thursday at Haven with property owners and officials.
MENTIONED IN THIS ARTICLE
Hutchinson
Kan
Cheney Reservoir
Reno
Sedgwick
Kingman
Haven
Soldier Seeks Wife With Front-Page Anniversary Message
In Olympia, a Vietnam tour story carries a personal message from Sgt Kenneth A Baker to his wife Marie on their 19th anniversary. He promises love and devotion during a year of loneliness, hoping the Viet Nam tour ends in six months and they will be inseparable again. The note appeared in the Daily Olympian personals column after Baker could not find an anniversary card at Pleiku Air Base.
MENTIONED IN THIS ARTICLE
Marie
Viet Nam
Ken
Baker
Pleiku Air Base
Olympian
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