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Show iaywoff A DESERET NEWS, Tuesday, June 4, 1963 Congo Aide In S.L Visits TRAFFIC QUIZ Political stability, nationalTrue or FaLse: A posted speed the conditions and having ism and the desire for modernilimit means that it is legal to regard to the actual and poten- zation are optimistic symptoms of the New Congo rising under travel that speed at any time. tial hazards then existing. the leadership of former army In Answer: .False. When the The law also provides, Joseph road is icy or wet, when visibili- every event speed shall be so Mobotu. This assessment of the Demoty is reduced, or when other controlled as may be necessary cratic Republic of the Congo hazards exist, a driver must to avoid colliding with any per- (Kinshasa) was made in Sait adjust his speed to meet these son, vehicle or other con- Lake City Monday by Jacques to circumstances. veyance on or entering the high- Bongoma, principal adviser Mobotu on economic President in compliance with legal The law reads that the driver A little something . . . i by the president, Mr. ma said. We are doing Bongoeveryto develop agri- thing possible culture. One indication of the Congos change from its previous war h of tl e economy is that army has been commissioned to work in agriculture this year. About 80 per cent of the economy is based on agriculture. Mr. Bongcma said the major problem facing the Congo was way and financial affairs. obtaining enough qualified techmust proceed at a speed that requirements and the duty of all The year 1968 has been pro- nicians to fill management claimed as 'Agriculutre Year roles. is reasonable and prudent under persons to use care. chief, President to brighten your day! one-fift- CHOCOLATES ON SALE AT CANDY EVERYWHERE COUNTfRS Graduate to a new flameless Electric Range IMEM? SiTG7 7 1 0 THE AMOUNT OF INTEREST D YOUR SAVINGS EARN DEPENDS ON 5 FACTORS: The method of determining balance on which interest is paid; 3. 4 f5. Dates on which deposits andor withdrawals are made; Rate of interest paid (most banks are currently paying the maximum interest rate allowed under FDIC Insurance); Amount of funds on deposit; Frequency of payment of Interest. Most banks and savings institutions pay interest Valley Banks Daily Interest is paid quarterly. The method the bank or savings institution uses to calculate interest on savings is of vital con- cern to you. The chart below shows the activity in a typical savings account. Explanation following the chart contrasts four plans of computing interest: DATE OF DEPOSIT TRANSACTION E WITHDRAWAL IAIANCE Toss away your oven cleaning cares. Gone forever are the long hours of stooping, scrubbing and scouring to clean your oven. You get that kind of happiness with a modern new flameless electric range that deans its own oven. Cleaner Other Ways Too. Wails, cabinets, curtains, pots and pans all stay cleaner with f lame-le- ss cooking. More Extra Features. Youll discover other new conveniences with a modern electric ranqe such as: a feature for keeping food warm after it is placed in serving dishes . . . changeable panels which permit you to redecorate your electric range . . . exciting new colors to compliment your kitchen decor. See your electric dealers bright new models now ! Because Ws electric, its better! Utah Power & Light Co. WITH THE IDENTICAL ACTIVITY, UNDER THE FOUR PLANS OF COMPUTING INTEREST ON THE ABOVE EXAMPLE, LOOK WHAT HAPPENS TO THE EARNING POWER OF YOUR SAVINGS UNDER EACH PLAN: interest is paid only on the amount of the lowest balance Interest earn- PLAN A: Minimum balance ings are paid on $200 00 for 180 days; PLAN B: All withdrawals total $4.00. are deducted from the beginning balance and first deposits. Interest earnings are paid on $20000 for 76 days; total $1.67. PLAN C: All withdrawals are deducted from the im- mediately preceding deposits and balance. Interest earnings are paid on $200 00 for 180 days; total $4.00. PLAN D: Daily Interest is paid on each of the above balances for the exact number of days the balance is on deposit: total $8.53. With Valley Bank's Daily Interest program, interest is paid on all balances that remain on deposit 30 days or more. Interest is paid quarterly on March 31st, .'une 30th, September 30th and December 31st. You can avoid the penalties of withdrawals and your savings earn maximum interest when in a Valley Bank Daily Interest Savings Account. EXAMPLE COMPUTED AT 4 ANNUAL RATE Mas jij.hI17P! G3cmGinriBC3iEnri33CE - |
