Federal Agencies Bar Misleading Deposit Rate Ads
The Fed and other federal agencies issue voluntary standards to curb misleading savings ad claims. Guidelines require clear simple interest rates, disclosure of compounding basis, and no misstatements about profits or insured limits beyond fifteen thousand dollars per depositor.
MENTIONED IN THIS ARTICLE
Washington
Savings and Loan
Federal Reserve Board
Comptroller of the Currency
Federal Deposit Insurance Corp
Federal Home Loan Bank Board
Federal Reserve System
J. L. Robertson
Medal of Honor Awarded to Pennsylvanian Hero
In a windy ceremony outside the Pentagon Lt Walter J Marin Jr a 25 year old Pennsylvanian received the Medal of Honor for actions in Vietnam Secretary of the Army Stanley R Resor placed the medal on his neck calling his courage and skill an example to American troops Marin was the seventh U S serviceman to earn the award for Vietnam actions.
MENTIONED IN THIS ARTICLE
Washington
Market slips as blue chips fade after opening gains
The stock market weakened in New York with early gains fading into a lower, mixed pattern. Dow off 4.90 to 794.09 at noon as GE tumbled 2 percent and IBM, Xerox, RCA, and Zenith fell. Chrysler plans one week plant suspensions amid mixed autos and other big firms see fractional losses.
MENTIONED IN THIS ARTICLE
New York
Chrysler
Associated Press
du Pont
IBM
Xerox
Zenith
RCA
General Motors
Ford
American Motors
Standard Oil
New Jersey
United Aircraft
Courtroom Christmas Tree Decorated With Gambling Slips
Magistrate Arthur L. Dunne remarked that Christmas decorations in the Chicago courtroom aimed to cheer the dreary surroundings. The tree featured varicolored dice numbers game slips and confiscated policy slips, topped by a star shaped badge. The items were from gambling raids.
MENTIONED IN THIS ARTICLE
Chicago
Arthur L. Dunne
Weston chosen for world’s largest atomic reactor
Weston selected as site for a massive atomic reactor amid protest from New York and California officials. AEC officials defend the choice as scientifically based and not swayed by political pressure. Illinois leaders and senators share confidence in the commission despite dissent from Javits Moss Percy and Dirksen.
MENTIONED IN THIS ARTICLE
Chicago
Arthur Theriault
Weston
New York
California
Theriault
Atomic Energy Commision
Gene H. Graves
Illinois Department of Business and Economic Development
Commission
Jacob Javits
R-N.y
John Moss
D-Calif
AEC
Charles Percy
Everett M. Dirksen
R-Ill
New England States Plan Joint Tourism Promotion
Augusta Maine AP reports six New England states plan a joint tourism promotion to supplement each state's programs. The coordinated effort aims to boost regional travel and visibility across borders.
MENTIONED IN THIS ARTICLE
Augusta
Maine
New England
Unfit Drivers Come Under Fire
Springfield AP Powell calls for a medical review board to remove unfit drivers. He plans 1967 legislation for mandatory vehicle inspections, rider tests, and licensing rules for under 18 with driver education. Periodic re examinations every 10 years could be required, costing about 7.3 million dollars every two years.
MENTIONED IN THIS ARTICLE
Springfield
Ill
Paul Powell
Powell
Florida acquires $1.3 million federal facility for oceanographic use
The State of Florida has taken over a surplus federal facility in St. Petersburg consisting of 13 buildings once used as a maritime reserve training center. The site will support oceanographic research and instruction.
MENTIONED IN THIS ARTICLE
ST. Petersburg, Fla
Also Mentioned on This Page
Marben
Clipper Craft, Berkshire
H.I.S
Adam Sport Coats
Freeman & Bondshire
By Shields
SOX
van Heusen
Tru Val Permanent Press
Levi's
Dad
H.L.S. & Lev
Continental
Perma Press
Levista
Prest & H
Liberty
Marren
New Yorker
Newport
Custom
Hrysler Motors Corporation
General Electric
Chicago Cash Grain
Chicago Mercantile Exchange
Paul Cable
E. Jefferson
Liberty St
Gavings
Federal Savings and Loan
Whorris
Wauponsee Street
Morris, Illinois
Via
Strategic Air Command
Department of Defense
South Vietnam
U. S. Air Force
Merry Christmas
Natural Gas Pipeline Company OF America
Northern Illinois Gas Company
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