Investing guidance on mutual funds and inflation hedges
The column advises an elderly mother to liquidate fluctuating mutual fund shares at net asset value and place funds in savings or savings bonds to avoid worry. It recommends Southwestern Drug for income, and for inflation protection favors Republic National Life of Dallas. Texaco is offered as a higher income alternative with growth.
MENTIONED IN THIS ARTICLE
Southwestern Drug
P.C. A
Mmy
Southwestern
Republic National Life of Dallas
Texaco
Christian Science Lecture on Freedom from Limitation
Public talk by Paul K. Wavro C.S.B. of Boston on how prayer and consecration to Truth release one from sin and death. The lecture, titled Christian Science Brings Freedom from Limitation, cites Romans 8 and asserts spiritual wholeness in God.
MENTIONED IN THIS ARTICLE
Jesus
Paul K. Wavro
C.S.B
Chicago GI Homesick Signs To Remind Home
AP report: Chicago soldiers in Viet Nam may crave home these days. A loop-like State and Madison streets intersection will appear in Vietnam as signs sent by Mayor Richard Daley reach Sgt. Paul Garza and the 5th Cavalry, offering a concrete reminder of Chicago.
MENTIONED IN THIS ARTICLE
Chicago
State and Madison Streets
State Madison
Paul Garza
5Th Cavalry
Richard Daley
Garza
Banks raise prime interest rate to five percent
Major banks across the United States raised the minimum prime rate on short term business loans to 5 percent, effective immediately, signaling tighter credit as demand remains high. The move, the second in three months, followed Morgan Guaranty Trust and Bank of America actions, with cities including Atlanta, Indianapolis, Minneapolis, Milwaukee, Richmond, Norfolk, and Los Angeles among those affected. The stock market declined slightly as this credit tightening spread, and officials offered no White House comment.
MENTIONED IN THIS ARTICLE
New York
Manyj
Associated Press
D.C. Sutherland
Bank of America
San Morgan Guaranty Trust Co
Francisco
Atlanta
Indianapolis
Minneapolis
Milwaukee
Richmond
Norfolk
Los Angeles
Washington
White House
Treasury Department
Federal Reserve Board
Johnson
Banks weigh rate rise to curb booming economy
A shift to higher lending rates is under consideration by several banks nationwide. Huntington National Bank in Columbus has no plans to increase yet while Albany’s National Commercial Bank and Trust Co. contemplates the possibility. Texas and Utah banks indicate actions may follow the trend if it continues.
MENTIONED IN THIS ARTICLE
Huntington National Bank of
Columbus
Ohio
Albany
N.Y
William F. ‘McEwan
National Commercial Bank and Trust Co
Prise
Houston
Tex
John E. Whitemore
Texas National Bank of Commerce
Reed Holt
Walker Bank and Trust Co
Salt Lake City
Also Mentioned on This Page
Roger E. Spear
Bartel
Central
Sun
First Church OF Christ Scientist
S. Marshall Rd
Middletown
General Electric
General Electric Company
One 6
Independent Service Agency
Creight Univers
General Electric Adventurer
Ge’s
Silvertouch
The
USA
Am Ve
U.S.A
Fenty
Broad Manchester
Verity
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