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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Apr 05, 1973
Page
4
Five youths from the Saxis volunteer fire department in Accomack County were charged with arson for two fires here last month. State arson investigators said all five, aged 17, participated in the incidents.
State Treasurer James I Spainhower reports Missouri time accounts will earn the full current rate as new quarter rates rise to about 5.2 percent for deposits of 100000 or more based on rising U S Treasury bill yields and pending legislation could lift the statutory rate above 6 percent. He cites about 58 million in accounts and a 4.3 percent rate last quarter. He projects roughly 10 million more annual interest with the bill and efficiency gains. The piece also notes Missouri revenue refunds up 20 percent in early 1974 with 264000 issued and forecasts about 550000 more due.
ST LOUIS AP U S District Court Judge William H Webster denied a motion for acquittal in the trial of four Teamsters Local 600 officers charged with embezzling 108000 through illegal salary increases. The defense argued lack of felonious intent and says the raises funded added insurance premiums due to union violence history. The defendants are Donald Lane Clyde Goad Daniel Mahay and Michael Ryan.
The Nixon administration delays penalties for AFDC errors, granting states an 18 month window starting next year to cut ineligibility and overpayment errors. Three six month targets begin January 1 with proportional federal funding losses for missed goals. States may tolerate 3 percent ineligibility and 5 percent overpayments.
The Missouri State Highway Patrol reminds drivers to know their route and turns in advance and watch for map landmarks and exit signs. Last minute swerves are dangerous and should be avoided.
Warsaw AP reports Stanislaw Kowalczyk appointed interior minister to replace the late Wieslaw Ociepka. Kowalczyk succeeds Ociepka as head of Poland's interior ministry amid leadership change and national mourning.
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