Bank credit cards boom in national banks with instant money plans
A government report shows nationwide use and outstanding balances on bank credit cards and instant money plans rose sharply by the end of 1971. Consumers owed about 4.1 billion dollars to 701 banks offering cards and 13.8 million cards existed, with figures excluding state banks and noting a shift toward cashless payments.
MENTIONED IN THIS ARTICLE
Washington
William Camp
Instant Money Boom Drives Growth in Card Debt Figures
A historical report notes rapid expansion of credit cards with about 10 million cards in use and average balances around $235 per account. It cites $3.2 billion owed, 1969 to 1971 estimates, and rising consumer credit through banks issuing cards, while noting saturation and shifting figures across years.
MENTIONED IN THIS ARTICLE
Thelfive
Treasury
Presbyterians Condemn Vietnam War and Urge Halting Funds
The United Presbyterian Church condemned the Vietnam war as causing incalculable death and destruction and urged Congress to block further military funding. The 2000 word statement backed conscientious civil disobedience and criticized government policy while praising Nixon's China trip and troop withdrawals.
MENTIONED IN THIS ARTICLE
Denver
The
United Presbyterian Church Today
Vietnam
Congress
Mosconi and Minnesota Fats Weigh $200000 Pool Match
Willie Mosconi 58 of Haddon Heights N J proposed a winner take all pool match with Minnesota Fats Wanderone offering to ante 100000 each. Mosconi claims a historic record and accuses Wanderone of lying while Wanderone says Mosconi knew he was in a Johnson City tournament and called him a chicken phony.
MENTIONED IN THIS ARTICLE
Philadelphia
Willie Mosconi
Minnesota
Mosconi
Haddon Heights
N.J
Whch
Rudolph
Cities Ordered To Fluoridate Water Supplies
Fifty nine cities counties sewer districts and private water suppliers receive notices to start fluoridating their water under Ohio law. Health director D John Cashman sent letters to Cincinnati and Columbus and others to comply with the fluoridation requirements.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
D. John Cashman
State Health Department
Cincinnati
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