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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Moulton Eagle
Location
Moulton, Texas, United States of America
Date
Dec 16, 1977
Page
3
A reader wonders why banks offer higher interest on Certificates of Deposit than on ordinary savings accounts. The question explores how fixed-term deposits require banks to lock in funds, enabling longer investments and higher rates, while savings accounts provide liquidity and flexibility for customers.
The excerpt notes Bishop Thomas J. Drury of Corpus Christi officiated mass with Father Robert Schmidt of Moulton. Dallas boys attended an evening at Love Field with games and TV. Sunday business meetings highlighted a plaque presentation to Kenneth Fishbeck for forming three Squire Circles. Plans announced for the state convention in Corpus Christi in June.
A Washington consultant warns that proposed legislation to break up oil firms could raise farm fuel prices and limit availability, risking higher costs and altered world trade balances.
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