Federal Reserve relaxes consumer credit rules next week
The Federal Reserve Board plans a third relaxation of consumer credit controls. Down payments on most items drop to 10 percent, 24 month installment terms apply, autos stay at 33 percent, purchases under 100 are exempt, and the board defends inflation risk while signaling readiness to adjust if needed.
MENTIONED IN THIS ARTICLE
Washington
Comsomer
Federal Reserve Board
Thomas B. McCabe
Congress
Truman
Eightieth Congress
Inventor claims 1000 volt self defense battery
Offenbach Germany Fritz Harbach a German inventor says a dash light battery can deter a hold up. A wrist worn contact plate emits 1000 volts from a 4 volt flashlight battery with a transformer making the shock. Police tested it and called it an excellent self protection instrument as Harbach seeks foreign buyers and export.
MENTIONED IN THIS ARTICLE
Offenbach
Germany
Fritz Harbach
Harbach
Local notices from Cropseyville and area
Lively town items include LOOF Lodge members serving a baked ham supper Wednesday evening. Mrs. Emme Wood of Stephen town visited daughter Mrs. Louis Alderman senior and family. Rev. and Mrs. Edward Hargrave spent days at Stratford Springs Connecticut visiting their daughter and family. Mia Free West was hospitalized after a porch fall that injured shoulder and arm. A drama Aunt Susie Shoots The Works will be presented by the Couples Cad of West Sand Lake at the IOOF Hall Friday night April 28 under Presbyterian Church group auspices. Fourteen Missionary Society members met at Mrs Our Own Doorstep home to discuss Panama Canal Zone. May meeting planned at Mrs Oakley Sharpe’s home.
MENTIONED IN THIS ARTICLE
Cropseyville
Emme Wood
Stephentown
Louis Alderman
Edward Hargrave
Stratford Springs
Conn
Mia
Susie
Weat Sand Lake
Youth charged with speeding in Flint Street drive
Elvin G. Jensen, 19, of Fourth Avenue, attested Friday after row and charge of speeding. Motorcycle Officer John Mannin forfeited $16 cash bond on failure to appear in Police Court Saturday morning before Police Joe Thomas J. O'Connor. Jensen accused of driving 45 miles an hour in Flint Street in the South End.
MENTIONED IN THIS ARTICLE
Elvin G. Jensen
Fourth Avenue
John Mannin
Joe Thomas J. O'Connor
Jensen
Flint Street
South End
Also Mentioned on This Page
Wate Tellow
Sheil Premiam Goeselins Lou
Watervliet
Shell
Shell Premium
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