Banks Urged to Curb Loan Growth by Brimmer
Washington correspondent reports Andrew Brimmer, new Federal Reserve Board member, urged banks to restrain loan growth saying reserves may shrink and that monetary policy should curb rapid credit expansion. He argued bank lending must slow to combat inflation and protect banking system liquidity.
MENTIONED IN THIS ARTICLE
Washington
Andrew
Immer
Federal Reserve Board
Brinmer
Reservé Board
Brimmer
Boston
Brimimer
Rich Twins Mate Sues for Divorce in Los Angeles
Patricia Nicholson 28 sues for divorce from Timothy Nicholson heir to a wealthy estate. The suit alleges extreme cruelty amid complex family ties. The couple have a 2-year-old child and Timothy is serving a 10-year sentence at Vacaville State Prison for his brother Ted's death. Patricia also faces a separate suit by Roberta Nicholson to annul the marriage on grounds lack of parental consent.
MENTIONED IN THIS ARTICLE
Los Angeles
Thel
Timothy Nicholson
Patricia Nicholson
Timothy
Ted
Vacaville
Roberta Nicholson
Ory
Typhus Outbreak Hits German District Near Mainz
An outbreak in the Altenkirchen district near Mainz has reached dangerous proportions. Health officials report 142 people either infected or suspected, including 15 West German army soldiers.
MENTIONED IN THIS ARTICLE
Mainz
Germany
UPI
Altenkirchen
West Germany
X15 Flight Sets New Record At 96 000 Feet
Bill Edwards pilots the X15 rocket plane reaching 96 000 feet during a test flight at Edwards Air Force Base. The test featured a new on board flight computer and a top speed of 136 miles per hour on January 3, amid a daring demonstration by the US Air Force program.
MENTIONED IN THIS ARTICLE
Edwards 'Air Force Base
Bill
Spa
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New York Times Service
Southland
Salon
Long Beach
Santa Ana
Pomona
Palos Verdes
Lakewood
Emba Mink Breeders Association
Long Beach Pine
Broadway
Kan
Fei
Santa Ana Main
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