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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Sep 23, 1959
Page
2
Amid cautious lending, consumers face thinner credit for buying homes and autos. The Federal Reserve has eased credit just enough to cover seasonal needs, while fears of inflation persist. Local business figures warn that tighter finance could curb purchases and stall growth.
Herbert S Hial was chosen president of the Montgomery County Bankers Association at a recent meeting. Other officers include Matsland Bankers Association chair and a secretary-treasurer from the County Revenue finers locale. Rober of et Bana of Siser also listed among officers.
Investors pull back as inflation worries ease after stocks surged as a hedge against earlier inflation expectations. Ignew notes a break in prices follows the inflation scare, suggesting a renewed pause in gains.
A man recounts losing about 40 pounds in 90 days without drugs by cutting desserts, limiting bread, and walking daily. He credits a strong personal incentive from his boss and notes improved mood, energy, and social smiles from coworkers.
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