Banks cut prime rate to 6 percent amid loan demand slowdown
Major banks led by Chase Manhattan cut the prime rate to 6 percent from 7 percent as loan demand slackens. Economists say consumers may see lower mortgage and personal loan costs, while bankers note effects on housing and auto financing amid a sluggish economy.
MENTIONED IN THIS ARTICLE
New York
Chase Manhattan Bank of New York
Frances Shott
Equitable Life Assurance Society
United States
Congressional logjam delays arms bill and welfare cuts
Lawmakers finish session with House approving a 1.8 billion arms and welfare supplement while the Senate rejects the 2.5 billion foreign aid bill. Negotiators planned a new conference to strip 200 million in credit sales. Christmas recess follows as Nixon presses for action.
MENTIONED IN THIS ARTICLE
Cron
Congress
House
Cambo‘dia
Senate
Witich
Wilbur
D.mill
Waya
Mesas
Jon W. Byrnes
Nixon
Prayer for Charity and Christmas Spirit
A brief exhortation urging the wealthy to share fortunes with the less fortunate and to embrace the spirit of Christmas, urging generosity and compassion. The message emphasizes charitable giving and communal goodwill during the holiday season.
Freight Train Derailed on Houston Trestle
A freight train derailed Tuesday night while crossing a wooden trestle over Buffalo Bayou in downtown Houston. The incident caused the train to plunge into the bayou area and prompted emergency crews to respond to the scene.
MENTIONED IN THIS ARTICLE
United Brees Infermath
Houston
Kangas
Texas
Buffalo Bayou
ATAE ES anaes jain ninoed By ny
ATAE ES anaes jain ninoed By ny.
MENTIONED IN THIS ARTICLE
Atae ES Anaes Jain Ninoed
Py ake Ze Eien 1 he
A fragmentary notice offers limited details from a historical page. Readable elements show possible names, places, and dates, but many portions are unclear. The item appears to be a small community or local notice with minimal readable context.
Also Mentioned on This Page
Goodfellows
Mr. Goodfellow
Lubbock
Been Goodfellows
Ty Ee Tal” Patmani
Peple
Asiegindieya A
Foo
Eeepereperiaaues
Cemutaca
Virtieia Austin
Brs
Joe B. Poshioe
Castler
Ns Ag Ag Rf i
Pry Os
Ee Horie
Wey
AL Sh
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