Point of no return for savers tracked by New York bank
The First National City Bank of New York sets the point of no return for savers at 3.4 percent after tax, rising with brackets to 5.7 percent and 17 percent for 80 percent earners, to keep up with inflation since 1946. Inflation driven by postwar price spikes and wartime demand has reduced purchasing power from 100 to 71. The bank warns that unless interest rates rise, savers will fall further behind as prices climb.
MENTIONED IN THIS ARTICLE
New York
First National City Bank of New York
Federal Reserve Board
Bureau of Labor Statistics
New York Bank
Roswell Artists Showcase Courthouse Lawn Exhibits
Roswell artists held a show on the courthouse lawn drawing a steady stream of spectators. Buyers planned paintings as gifts or personal keepsakes while several artists urged more local displays to fill the lawn in future shows. Bill Wiggins claimed Roswell has many artists, second only to Albuquerque in New Mexico. The group plans spring and fall shows on the lawn.
MENTIONED IN THIS ARTICLE
Roswell
Bill Wiggins
New Mexico
Albuquerque
TUMS 2-Way Relief for Acid Indigestion
The ad touts TUMS as the fastest relief for acid indigestion and heartburn. It claims quick dissolution without water, instant relief, and longer lasting comfort, plus a coating that guards against further pain.
Glandular inflammation remedy advertised for men over forty
An old newspaper ad claims glandular inflammation causes night pains back hips legs tiredness and loss of vigor in men past age 40. It promotes non surgical treatment at Excelsior Institute in Excelsior Springs Missouri and offers a free book with no obligation.
MENTIONED IN THIS ARTICLE
Excelsior Institute
Excelsior Springs
Missouri
Also Mentioned on This Page
Sam Dawson
Courthouse Lawn
Mirdivndittrathatan
PART
Sunbeam Radiant Control
Waffle Baker & Grill
Mixmaster Junior
Long
R.anthony CO. Co