House Panel Charts Rules on Time Deposit Controls
Washington reports the House Banking Committee agreed on slow the flow of savings from thrift institutions to commercial banks. Proposals by Rep Henry Reuss urge the Fed to tighten time deposit requirements and lower the interest ceiling on most time deposits, aiming for better balance with thrift institutions. The measure avoids specifying a precise rate.
MENTIONED IN THIS ARTICLE
Washington
House Banking Committee
Henry S. Reuss
D-Wis
Woul
Congress
Federal Reserve Board
Reuss
Two Southlanders Named to U S Court
President Lyndon B Johnson has nominated Judge Andrew Hawk, 63, Chief District, to the U S District Court in Pasadena. Republican Party activities noted as Johnson strengthens the federal bench with a Pasadenan appointment.
MENTIONED IN THIS ARTICLE
Los
Angeles
UN begins inspection of Israeli Syrian border
UPI reports the United Nations truce supervision organization starts border inspections to verify claims of Israeli massing near the Syria frontier. The article also notes judicial appointments and senate confirmation processes involving Judge Mauk and lawyer William P. Gray as replacements, with mentions of prior roles in Republican groups and the Justice Department.
MENTIONED IN THIS ARTICLE
Herusalem
Israel
UPI
United Nations
Supervision Organization
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Buena Park Beach
la Palma
Burbank N
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Chapman
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Central Ave
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Highland Park N
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al Ave
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del Amo
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First St
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Maple
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Wiliam Me
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