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Newspaper
Mt Vernon Register News
Location
Mt Vernon, Illinois, United States of America
Date
Jun 29, 1966
Page
3
AP analysis chronicles a volatile first half of 1966 with rising prices and costs, shifting inflation debate, tighter money, and a wobbling stock market. GNP surged from 1965 to 1966, personal income rose, and consumer spending climbed despite higher living costs and a slower savings rate. Unemployment varied from 3.7 percent in February and April to 3.9 percent in January and May.
PRINETON, AP A former bank officer pleaded guilty to forgery and theft charges totaling 884,908. Robert W. Robinson resigned as assistant vice president and loan representative at First State Bank of Princeton. He was released on 20,000 bond and will be sentenced July 7. Prosecutors said he forged promissory notes in 1981 and 1966 and diverted funds from the bank, repaying 65,427 to date. The bank began investigating after a farmer settled a note revealing two notes in the farmer’s name.
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