Word: deposit
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...overextended banks have failed lately. Last week the Federal Deposit Insurance Corp. announced the collapse of the First State Bank of Dell City, Texas. Reason: an excess of bad loans. It was the third small bank failure for that reason this year...
...state. William P. McMullan and Alex McKeigny, both directors of the company, are leaders of the Jackson Citizens' Council. Other officials, Robert M. Hearin and Alex Rogers, are members of the staff of Mississippi Governor Paul B. Johnson. Mississippi Power and Light also shares several directors with the Deposit Guaranty Bank and Trust Company of Jackson and the First National Bank of Jackson, the two largest banks in the state. Many of the bank officials, in turn, are members of the Citizens' Council...
Earth Movers. French Archaeologists place the ancient art work in two distinct periods. The first, Aurignacian, is roughly 25,000 to 30,000 years old, the other, Magdalenian, dates from 15,000 to 20,000 years ago. With the drawings fully authenticated (a thick layer of limy deposit, like candle wax, covers many of them, dismissing the possibility of a modern hoax), the cave is rated as a major archaeological find. Many art historians believe that cave art had magical meaning, purposely put in as cramped a space as possible in a sort of protective return to the womb. Though...
...Federal Deposit Insurance Corporation is soberly known as the Government agency that ensures bank accounts up to $10,000-but that is only part of its job. Organized 30 years ago, when Depression-hit banks were closing at the rate of 4,000 a year, it has since liquidated the assets of several hundred failed banks, often picking up unusual properties in the process. One of the most unusual came into the agency's possession when it took over $106,000 in mortgages on a small and sleazy hotel in Houston after the First National Bank of Marlin, Texas...
Among fellow anthropologists, Britain's L.S.B. Leakey is revered-with reservations. Since 1931 he has been excavating the Olduvai Gorge in Tanganyika, which is perhaps the richest known deposit of human and prehuman fossils. The site of Leakey's excavations was once a small lake that gradually filled and dried up, preserving in stone the bones of many creatures, some of them primates, that lived on its shores. Much later, a river cut a canyon through the lake bed, bringing the bones to light...