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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Oct 12, 1959
Page
2
The article reports the Treasury selling 5 percent marketable notes targeting small investors, drawing funds from savings accounts and U.S. savings bonds. Banks oppose losing deposits as money shifts away from banks to the notes, with broader implications for interest rates and liquidity in markets.
AP analysis notes markets priced in big news flows. U S stocks drifted as steel talks lingered while bonds rose on Treasury moves. London equities surged on a Conservative win and optimism about socialist policy retreat.
Members of the Myersville Loon Club view the film Roads Ahead at a Thursday meeting in United Brethren Church. President J Edwin Falkenster led the session and a note urged members wives to attend the next program.
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