Government Raises Savings Interest and FHA Mortgage Ceiling
The government boosted passbook savings rates to five percent and raised FHA insured mortgage ceilings to seven percent, retroactive to July 1. HUD said the move keeps FHA as a mortgage money source while Fed and FDIC aim for fairer savers and bank competition. Rep. Patman criticized the action as promoting higher rates despite stabilization law limits.
MENTIONED IN THIS ARTICLE
Washington
Savings and Loan Associations
Federal Reserve Board
Federal Deposit Insurance Corp
Housing and Urban Development Department
HUD
Federal Housing Administration
FHA
Veterans Administration
Congress
Department
Wright Patman
Dtex
Federal Reserve
President
Patman
The
House Banking and Currency
James T. Lynn
Bhutto Says Pakistan Won't Seek More U.S. Military Aid
President Zulfikar Ali Bhutto told American reporters that peace on the subcontinent could be helped by U.S. arms to Pakistan but he would not seek new military aid during his upcoming visit to the United States. He argued wars followed U.S. arm stoppage in 1965 and noted Pakistan has only received spare parts and a $13 million armored personnel carrier shipment since then. He insisted Pakistan must be treated as India's equal and reject Indian dominance.
MENTIONED IN THIS ARTICLE
Rawalpindi
Pakistan
Zulfikar Ali Bhutto
Subcontinent
U.S
Nixon
India
United States
Washington
Bhutto
Bar Advocates Crackdowns Backlog by Civil Court Help
Texas Bar proposes that the Court of Criminal Appeals tap the 14 Civil Appeals to ease a 750 case backlog. Judges would rotate as commissioners, a stopgap until constitutional changes reduce the burden. Judgments cited include environmental cases and civil penalties totaling hundreds of thousands.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
State Bar of Texas
Texas Court of Criminal Appeals
Bar’s
Resolutions Committee
General Assembly
Court of Criminal Appeals
Frank Maloney
Austin
Bar
The
Maloney
Truman Roberts
John Hill
Three Assault Counts Lodged in Ector County Court
Charges of aggravated assault were on file in Ector County Court Friday against three men. Jon F Sorrells 26 of 915 West 26th released on 2000 bond accused of striking 3 year old Larry Don Sterling son of Sherry Sorrells 2209 West 14th with a belt on Wednesday. Ronald Everett Fisher 22 of 7302 Maureen free on a 1000 bond accused of attacking Sherry Fisher 19 of same address on Tuesday. Rocky Lee McClure 901 Graham accused of attacking Don McCarty 53 1111 West 13th with a hammer on June 16. McUlure not in custody Friday.
MENTIONED IN THIS ARTICLE
Ector County
Jon. F. Sorrells
West
Larry Don Sterling
Sherry Sorrells
Ronald Everett Fisher
Maureen
Sherry Fisher
Rocky Lee McClure
Graham
Don McCarty
West 13Th
McUlure
Actor Improves After Surgery in London
British film star Jack Hawkins, 62, was reported improving after a throat operation at St Stephen's Hospital. He had been in serious condition Thursday and rested comfortably today. The surgery, his third in a month, followed a throat hemorrhage as doctors continued treatment after his 1966 larynx removal and a 1969 artificial voice box implant in New York.
MENTIONED IN THIS ARTICLE
London
Jack Hawkins
Hawkins
St. Stephen's Hospital
New York
Pilot Charged For Refusing To Fly Bomb Run
Air Force charges Capt. Donald E. Dawson of Danbury Connecticut with refusing to fly a B52 bombing mission over Cambodia on June 22 during a Thai duty assignment. Dawson, who has logged many missions, told his mother he believed the mission was morally wrong and consulted a chaplain about conscientious objector status. The Air Force investigates whether to proceed to trial as he waits at U Tapao Air Base.
MENTIONED IN THIS ARTICLE
Washington
Air Force
Cambodia
Donald E. Dawson
Danbury
Conn
Thailand
Guam
Dawson
Merry Dawson
U Tapao Air Force Base
Westover Air Force Base
Massachusetts
Michael J. Heck
North Vietnam
Dwight J. Evans
Heck
Also Mentioned on This Page
Ers
Federal Reserve System
Federal Home Loan Bank Board
Ings and Loan Associations
Banks
South Asia
KIRBY
Cleaner City
Kirby CO
N. Dixie
Crestwood Post Office
Bar Advocates
Bill Hobby
Judicial Section
Texas
Hobby
Chimayo
N.M
George V. Hernandez
Philippines
San Tuario
Hernandez
Santo Nino de Atocha
Brent Fowler
H. M. Fowler
East 35Th
Medical Center Hospital
Dean
Gary Swan
B.J. Swan
Gardendale
Texas Weslyan College
United Methodist School
Odessa
Constitutional Revision Commission
Witie
Miri Bo An Fe
Mir
Lin
Lee
Morris
Atta Beer
Paul Aghew
North Grant
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