Interest Increase Approved by Federal Banking Authorities
The Federal Reserve Board and the FDIC authorized banks to pay up to 4 percent interest on certain savings deposits for one year or more, effective immediately. The move, aimed at boosting competition and stabilizing capital and balance of payments, applies to about 13,000 banks and allows up to 3.5 percent for six month deposits. banks may raise rates gradually to match higher yields from other institutions.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Federal Deposit Insurance Corp
Savings and Loan
Treasury
Norway to Have 400 Radioactivity Stations by 1963
Oslo reports that Norway plans 400 radioactivity monitoring stations by 1963, with 60 already in operation. The program aims to track nuclear fallout and environmental radiation, supporting safety and research efforts nationwide.
MENTIONED IN THIS ARTICLE
Oslo
Norway
West Virginia group opposes Shenandoah dam project
In Charles Town the West Virginia Eastern Panhandle Land Protective Association formed to oppose a large Shenandoah River dam. John S. Rissler was elected chair and George R. Heidrich vice chair as residents fear flooding and economic impact. Delegates will attend Army Engineer meetings on Potomac basin dams.
MENTIONED IN THIS ARTICLE
Charles Town
W. Va
Shenandoah River
West Virginia Eastern Panhandle Land Protective Association
John S. Rissler
George R. Heidrich
Shenandoah
Jefferson County
Kabletown
Myerstown
Eastern Panhandle
Army Engineer
Potomac River
Potomac Basin
Carroll County Teachers Banquet Plans Finalized
Final plans are set for the Carroll County Teachers Association annual banquet at Francis Scott Key High School Uniontown at 6 15 p m December 7 with co chairmen Olivia Bankert and Mary Huber The medieval castle theme guides programs table settings and favors The eighth grade New Windsor Junior High School will present a skit George and the Dragon The combined bands of Francis Scott Key High and Elmer Wolfe Junior High will perform a short concert Other guests include county officials and educators from multiple schools and associations
MENTIONED IN THIS ARTICLE
Carroll County Teachers’ Associaton
Francis Scott Key High School
Uniontown
Olivia Bankert
Mary Huber
George and the Dragon
New Windsor Junior High School
Otto Eberly
Elmer Wolfe
Jack Spearing
Teachers’ Association
Exclusive Contract For Local Firm
CHICAGO A leading supplier of operational electronic mail sortation systems Stewart- Warner Corporation Chicago has contracted for the exclusive design and engineering services in the sortation field of Cyber netics Inc a Frederick Md firm specializing in automation Cybernetics Inc was formed by Dr John V Atanasoff and Robert C Gathers both formerly with Aerojet General Corporation Dr Atanasoff was vice president and general manager of Aerjojets Atlantic Division and directed its automation program Mr Gathers was director of systems analysis Donald A Potter vice president of Stewart-Warner and general manager of Stewart-Warner Electronics Division announced arrangements combining the capabilities of Cybernetics Inc and Stewart-Warner Electronics and said the addition will enhance the scope and value of services to railroads
MENTIONED IN THIS ARTICLE
Chicago
Stewart- Warner Corporation
Cybernetics, Inc
Frederick
Mr. Gathers
Donald A. Potter
Stewart-Warner
Stewart-Warner Electronics Division
Stewart-Warner Electronics
Atanasoff
Widened automation uses eyed by Stewart Warner in transit hubs
Stewart Warner Corp designed produced and installed three of four electronic mail jack or parcel sortation systems now in operation at Pennsylvania Railroad Thirty Street Station Philadelphia Penn Station New York and St. Louis Minn Union Depot. An official said the firm has a capable staff and resources to lead in automation with travel to Chicago and strong potential for Cybernetics.
MENTIONED IN THIS ARTICLE
Stewart-Warner Corporation
Pennsylvania Railroad
Chicago
Man Named Kennedy Files for Marriage License
A man named John Kennedy Jr. applied for a marriage license in the county clerk’s office, but records show he is a year-old Frederick salesman, not the President or his son. The bride is Sharon Smith Huffman, 33, of Woodsboro.
MENTIONED IN THIS ARTICLE
John F. Kennedy Jr
Ellis C. Wachter
John Kennedy
United States
Frederick
Sharon Smith Huffman
Woodsboro
Ordered a New Exhaust Pipe for Car
A consumer placed an order for a new exhaust pipe for their vehicle. The transaction focused on replacement part details and delivery arrangements.
Hard wins final round in West Australian Tennis Tour
Darlene Hard of Montenello California captured the final round in both women’s and mixed doubles at the West Australian Tennis Tour in Perth. She teamed with Yolanda Ramirez of Mexico to defeat Gwenda Don and Diana Gugeri of Perth in women’s doubles 6-1 6-0, and with Roger Taylor of England beat Roy Merson and Robyn Ebbern of Australia in mixed doubles 6-4 8-6.
MENTIONED IN THIS ARTICLE
Perth
Australia
Darlene Hard
Montenello
Calif
Yolanda Ramirez
Mexico
Gwenda Don
Diana Gugeri
Miss Hard
Roger Taylor
England
Roy Merson
Robyn Ebbern
Also Mentioned on This Page
Carl H. Honeycutt
Asheville
North Carolina
Westminster Barracks
Harrison
Honeycutt
D. L. Schlotterbeck
Pretoria
South Africa
Ghana
Kwame Nkrumah
Carroll
Assolation
Board of County Commissioners
Annapolis
Board of Education
County Council of Parents and Teachers
Maryland State Teachers’ Association
CCTA
Patricia Lambertson
Freedom
Virginia Houck
Sandymount
Pauline Kaufman
Charles Carroll
Rachel Hemp
East End
Beverly Roderick
New Windsor
Emma R. Myers
West End
Lucille Berry
Sykesville
Ruth Ann Runkles
Westminster Jr
Martha Rupert
Westminster Sr
Erma King
Winfield Elem
Verona Stouch
Brilhart
Uniontown Elerm
Ethel Wilhide
Francie Scout Key ‘Sr. High
OUR Christmas Club
Leenee
Frederick County National Bank
N. Market Street
Federal Deposit Insurance Corporation
Windows
Maryland
DIREC
Monrt—Elmireis the
Midéel
Enier
Paris
Mer Richt
Maryland Aluminum CO
South Market St
Frederick, Md
Bladensburg
Prince Georges County
June Lois Ryan
Silver Spring
Leonard Dearstein
A.m
Frederick Federal
Orphans’ Court
Frederick County
A. Rosetta Burger
East
Patrick Street
Rebecca At Well
Westinghouse
W. Leslie Burger
Emmert R. Bowlus
Mehrle N. Wachter
W. Jerome Offutt
Corning
Crete
Reyal
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