Banking system stable despite bank failures says BAI official
F Byers Miller of Bank Administration Institutes notes the U S banking system remains stable since the 1930s. The Arizona Chapter includes local banks and about 20 000 bankers attend BAI events monthly while regulators monitor capital adequacy to curb overextension. The OCC reports problem banks steady at around one percent of total banks.
MENTIONED IN THIS ARTICLE
U.S
F. Byers Miller
Bank Administration
Se Bai
BAI
Arizona
L.A. Kennnedy, Jr
Valley National Bank of Arizona
Federal Reserve
Miller
Comptroller of the Currency
Automakers clash on manual gear efficiency in fuel debate
UPI reports U.S. automakers dispute claims that manual four speed gearboxes cut fuel use. British association argues 12 to 15 percent savings, while U.S. Motor Vehicle Manufacturers Association says driver habits matter more and most cars sold in 1973 used automatics.
MENTIONED IN THIS ARTICLE
United States
British Automobile Manufacturers Association
Union Oil Co
Commodity Closings From Madda Trading Prices
Market report lists London gold at 177.50 up 1.25 per oz and IMM gold at 178.00 down 0.20. Silver 4.24 down 0.20, platinum 158.00 down 2.50, copper 53.4 cents down, wheat 4.23 and 4, corn 3.37 and 3, soybeans 4.41, cattle 36.77, hogs 39.95, pork bellies 59.87, eggs 53.3 cents, potatoes 3.45, cotton 38.3 cents, sugar 38.35 cents. Market not yet closed on some items.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Alcoa
Wa Am Airlines
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EEE Ae
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FoodFar
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A&p
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Hercules
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Hilton Hi
Hobart
London
Dow Jones Averages and Market Sectors Report
The Dow Jones averages at 2 p.m. show figures for the industrial, transportation and utilities sectors with a total of 65 stocks traded and a note on volume.
MENTIONED IN THIS ARTICLE
Dow Jones
Indus
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