Savings-Loan Firms Get Federal Weapon
The Federal Home Loan Bank Board authorized savings and loan associations to pay up to 5 percent annually on six month savings certificates starting July 1, as banks face stiff competition for deposits. The move follows Federal Reserve action increasing reserve requirements on certificates to 5 percent. The change broadens rates beyond California, with denominations of at least $1,000.
MENTIONED IN THIS ARTICLE
Joseph KR. Coyne
Washington
Federal Home Loan’ Bank Board
Savings and Loan Associations
Federal Reserve Board
John E. Horne
Federal Home Loan Bank
Federal Reserve
Federal Home Loan Banks
U.S. Savings and Loan League
Home Loan Bank Board
Wise
Savings and
California
Savings and Loan Association
West Coast
Savings and Loan
Four Prisoners Dig Way Out Of Ohio Jail
Four inmates tunneled from the Lawrence County jail in TRONTON Ohio escaping through an unlocked basement door and a food elevator to a basement window. Police issued a three state alert for George Murphy 23 Ironton James Cline Ashland Ky Donald Lee Jenkins 24 and Kenneth Jenkins 22 Pigeon Hollow Ohio. tunnel tools were not found.
MENTIONED IN THIS ARTICLE
Tronton
Ohio
Lawrence County
George Murphy
Ironton
James Cline
Ashland
Donald Lee Jenkins
Kenneth Jenkins
Pigeon Hollow
107th Birthday Windhoek Couple Celebrates
In Windhoek South West Africa Mr and Mrs Johannes Binneman marked his 107th birthday in September while noting his wife’s age as 104. The event highlights remarkable longevity in a regional family.
MENTIONED IN THIS ARTICLE
Windhoer
South West Africa
Johannes Binneman
Manpower Training Project Approved for Lubbock
A MDTA project approved by Secretary Wirtz and Secretary Gardner will train 260 unemployed in Lubbock for two weeks as electronic unit assemblers at a cost of 39412. Lubbock Public Schools will conduct the program, with 74 percent of past graduates reported employed. Employers may hire MDTA graduates through local employment offices.
MENTIONED IN THIS ARTICLE
Lubbock
Secretary of Labor
Willard Wirtz
MDTA
Department of Labor
Department of Health, Education and Welfare
Scooter Riders Stage Peaceful Park-In on Park Avenue
About 35 Manhattan scooter commuters demonstrated on Park Avenue to urge city permission for angled parking and designated scooter spaces. They argue parallel parking pushes scooters into illegal spots where police ticket them.
MENTIONED IN THIS ARTICLE
New York
Manhattan
Park Avenue
Peace Corps to Arrive in Bechuanaland This December
The first of 57 Peace Corps volunteers bound for Bechuanaland will land in December. U.S. Consul Charles Fletcher announced the group, mostly schoolteachers and instructors in teacher training colleges.
MENTIONED IN THIS ARTICLE
Gaberones
Bechuanaland
Peace Corps
U.S
Charles Fletcher
Also Mentioned on This Page
U.S. Weather Bureau
Rockies
Lowers Lakes
Mississippi Valley
Central Plains
Central
South Pacific Coast
Litton Toa
Heln
Italy
Rome
UPI
Giuseppe Saragat
Litton Indus
Nikita
Ryzhov
Soviet Union
Ladies’ Shoe Department
Tintoretto Suedes
Scooter Riders Stage
Downtown
Monterey
Sparkle
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