Inflation Pressure Pushes Rates Up Across Economy
New York AP report shows broad price pressures with wholesale prices rising at the sharpest pace since the Korean War. Jobless rate fell to under 5 percent for the first time in three years, while banks and lenders boosted prime rates to 8 percent and raised savings yields and mortgage costs. Government actions aimed to bolster savings and mortgage money with higher ceilings on passbook and government insured loans. The unemployment rate dropped to 4.8 percent in June.
MENTIONED IN THIS ARTICLE
New York
The
Federal Reserve_Board
Feder
Jta
Home Loan Bank Board
Boost Loans Associations
Federal Deposit Insurance Corp
Savings and Loan Associations
Federal Housing Administration
Veterans Administration
Bureau of Labor Statistics
Soviet Space Delegation Heads to Houston Center
A 34 member Soviet delegation led by Konstantin Bushuyev will visit the Johnson Space Center for three weeks to plan the Apollo Soyuz joint mission. Cosmonauts Leonov and Kubasov, among the prime crew, along with 10 cosmonauts and support staff, will participate as officials confirm a July 15 1975 liftoff.
MENTIONED IN THIS ARTICLE
Konstantin Bushuyev
Soviet Union
Grant County Bank Surplus Reserve Report
Grant County Bank shows a surplus reserve of 258 635 00 dollars credited under FDIC and FED supervision. The report references Financial Headquarters Southwest New Mexico and notes cooperative oversight by the Federal Deposit Insurance Corporation and the Federal Reserve System.
MENTIONED IN THIS ARTICLE
Federal Deposit Insurance Cooporation
Federal Reserve System “Financial
Southwest
New Mexico
United States
Grant
Federal Reserve
Federal Deposit Insurance Corporation
Baby Smuggling Case Sparks Flight Scene in Miami
A two week old infant was concealed in a canvas bag on a Madrid to Miami flight. A stewardess watched nearby as the child’s hand appeared. Customs inspected the bag but returned it unopened. A Cuban exile claims she smuggled Desiree into the United States to give the child a chance at freedom. Officials warn of jail for the aunt and possible deportation for the baby.
MENTIONED IN THIS ARTICLE
Miami
Desiree Benitez
U.S
Desiree
United States
Also Mentioned on This Page
Grant County Bank
Bayard
Silver City
Tyrone
N.M
TOTAL
Sun - Mon - Tue
Corner
11Th
Corbin
Grant County
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