Bankers State Discussion on Lending Rate Increase
AP reports in Savannah that directors of Citizens and Southern National Bank plan to discuss a recent prime rate hike. The Georgia bank, based in Atlanta, raised its lending rate last week to 4 percent, while other banks adjusted variably.
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Bankers State
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Citizens and
Southern National Bank
Georgia Bank
Atlanta
Boston
Los Angeles
Towa
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Methodist Church
Construction Trades See Good Year Ahead
The industry remains confident of another strong year with 1963 and late 1964 showing high levels of activity. Housing may lag while highways schools plants and utilities drive growth as federal state and local spending and industrial expansion rise.
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Sam Dawson
AP Business News
NEW York
Census Bureau
Johnson Receives Wife Advice at White House Dinner
President Johnson recounted a whispered remark from Lady Bird at a White House dinner honoring British Prime Minister Harold Wilson. He quoted her saying this is judgment day and to use plenty of it as they prepared to greet Wilson.
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Washington
Johnson
White House
Harold Wilson
Textile executives back new cotton legislation in Georgia
Tex tle industry leaders report higher cotton use as William E. Reid cites USDA estimates of 9.7 million bales for 1964 65, up from 1963 64. He notes demand for a permanent one price cotton program and says the international cotton textile trading arrangement is satisfactory to the industry.
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Atlanta
American Textile Manufacturers Institute
William E. Reid
Georgia
Reid
Department of Agriculture
Christmas Tree Supplies Plentiful Across Nation
The Agriculture Department predicts about 48 million Christmas trees will brighten the holiday season. Most come from domestic forests and plantations, with roughly 850,000 cut in national forests.
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Washington
Agriculture Department
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