Page 2-Saturday. May 27, 1978--The Mich _ I Prime Interest rate up to 8'/2% ARE YOU SURE YOU KNOW WHAT FAMILY PLANNING IS ALL ABOUT? NEW YORK (AP)-Several of the nation's largest banks yesterday raised their prime interest rates to the highest level in more-than three years, inten- sifying upward pressure on mortgages and other consumer loans. The latest round of increases, which raised the primne rate from 8 and one- quarter percent to 8 and one-half per- cent, was the second this month. THE PRIME rate is the interest banks charge to their most creditwor- thy customers, usually corporations. Although it is not directly tied to mor- tgages and other consumer loans, the prime rate exerts a psychological effect on those loans, which already have been on the rise in most areas. The prime is now at its highest level since February 1975. Continental Illinois National Bank & Trust Co. of Chicago, the nation's eighth-largest commercial bank, was the first bank to raise its rate to 8 and If you think it means preventing unwanted pregnancy ... you're partly right. But it means more than that. Like counseling young people about how a baby before they are ready can affect their health or mess up their lives ... helping couples who want to have children but can't . . . counseling men on male responsibility and methods of birth control. It's important to know all about family planning... it means more than you may have thought. For information or help, contact the family planning clinic in your community, your local health department, oryourown physician. U S DEPARTMENT OF HEALTH. EDUCATION AND WELFARE Public Health Service one-half percent, making its announ- cement Thursday afternoon. CONTINENTAL officials attributed the increase to stronger demand for loans and tighter monetary policy by the Federal Reserve Board. The Federal Reserve, concerned about the high rate of inflation, has been tightening the money supply by raising the interest rate it charges banks. Banks say they must pass on to consumers that higher cost of acquiring funds. "We continue to experience very strong domestic loan demand from customers, as we have over many mon- ths," said Robert E. Anderson, the bank's chairman. "We are finding that this demand is broad as well as deep, cutting across all industry and geographic lines." BY MIDMORNING yesterday, several other banks had raised their prime rates, including Chase Manhat- tan Bank, the nation's third-largest bank; Manufacturers Hanover Trust Co., the fourth-largest; Morgan Guaranty, the fifth-largest; Chemical Bank, the sixth-largest; Bank of New York; First Pennsylvania Bank of Philadelphia; and Mellon Bank of Pit- tsburgh. But Citiebank, the nation's second- largest bank and generally the leader in prime rate changes, said it was holding at 8 and one-quarter percent. THIE MICHIGAN DAILY volum I.xxxs' N.o .9-S Satur day. May 27, 1978 s edited and managed by students at theEUniversity .,C e;-i r.. T-- nh - 7rd_1rF ',nnni d lC Church Worship Serie ANN ARBOR CHURCH OF CHRIST 530 W. Stadium Blvd. (one block west of U of M Stadium) Bible Study-Sunday, 9:30 a.m.; Wednesday, 7:30 p.m. Worship-Sunday, 10:30 a.m. and 6;00 p.m. - Need transportation? Call 662-9928: UNITARIAN FELLOWSHIP 502 W. Huron-761-2418 Sunday, 10:30 a.m.-Memorial Day walk thru Matthaii Botanical Gardens (meet at greenhouse at 10:30 a.m.) . "One should cultivate letters or his garden"-Voltaire. UNIVERSITY LUTHERAN CHAPEL (LCMS) 1511 Washtenaw Ave.-663-5560 Alfred T. Scheips, Pastor Sunday Service at 9:15 a.m. Mini-course, "Reformation Roots"- Thursdays at 7:30 p.m. * * * * * *of Michigan. News phone 764-0562. secon ca ** * * FIRST PRESYTERIAN CHURCH postage is paid at Ann Arbor. Michigan 4810 UNIVERSITY CHURCH OF CHRIST CAMPUS CHAPEL-A Campus 1432 Washtenaw Ave. 662-4466 P Pbi hed da iy Tuesday though Sundayrd esr Presently Meeting at the Ann Arbor Y, Minisryno the CiindeghUniverssiy year aia420Maynard Sieels 53Prsetyeen, Ministry of the Christian Summer Worship-9:30 a.m. Sunday. Ann Arbor, Michigan 48109.S ubscription rate' 539 S'Fjfth Reformed Church $12 September through April (2 semesters)i:$13 Minist. mai suiside Ann Arbor David Graf, Mist1236 Washtenaw C't.-668-7421 * * * Saummersession published Tuesday through Satu Students Welcome. Rev, Don Postema, Pastor day morning. Subscription rates: $6.50 in Ann Arbor For information or transportation: y$7.> by mail outside Ann Arbor. 003-3233 or 420-3908. Sunday Services at 10 a.m., 6 p.m. FIRtST CONGREGATIONAL CHURCHI _________________ 10:00 a m-Sunday Wrship.Coffee hour-l 1:15 a.m. Rev. Terry N. Smith, Senior Minister * * * * * * 608 E. William, corner of State ST. MARY STUDENT CHAPEL Worship Service-10:30 a.m. FIRST CHURCH OF CHRIST, (Catholic) 331 Thompson-663-0557 Sunday Morning Worship-10 a.m. SCIENTIST Weekend Masses 1833 Washtenaw Saturday-10 m. AMERICAN BAPTIST Sunday Services and Sunday School Strdybp'm MRCA ATS -10:30a.m. Sunday-7:45 a.m., 9 a.m., 10:30 CAMPUS CENTER AND Wednesday Testimony Meeting-8:00 a m., noon, and 5 p.m. FIRST BAPTIST CHURCH * * * 502 E. Huron-663-9376 p.m. UNIVERSITY REFORMED CHURCH O. Carroll Arnold, Minister ChildCareSunday-under2years. 1001E. Huron Paul Davis, Interim Campus Minister Christian Scienc Reading Room Calvin Malefyt, Minister Worship-10 a.m.; Bible Study-11 206 E. Liberty, 10-5 Monday-Saturday; . 10:00 a.m.-Morning Service a.m. closed Sundays. 6:30 p.m.-Informal Worship Fellowship Meeting-Wednesday at ** * UNIVERSITY CHURCH * * * 7:45p.m. * * * give t0 the OF THE NAZARENE LORD OF LIGHT 409'S. Division LUTHERAN CHURCH FIRST UNITED METHODIST MARCH Steve Bringardner, Pastor (the campus ministry of the ALC-LCA) State at Huron and Washington OF Church School-9:45 a.m. Gordon Ward, Pastor Dr. Donald B. Strobe Morning Worship-11:00 a.m. 801 S. Forest at Hill St.-668-7622 The Rev. Fred B. Maitland DIMES Evening Worship-6:00 p.m. Sunday Worship at 10:00 a.m. The Rev. E. Jack Lemon * * * * * * Worship Services at 9:00 and 11:00. UNDERGROUND CATHOLIC UNITY OF ANN ARBOR Church School at 9:00 and 11:00. COMMUNITY Sunday Services and Sunday School Adult Enrichment at 10:00. 921 Main St., Apt. No. 25 -11:00 am. WESLEY FOUNDATION (corner of Hoover St.) at Howard Jonhson's 2380 Carpenter Rd. UNITED METHODIST 769-6054-Arthur Arroyo Dial-a-Thouglit: 971-5230 CAMPUS MINISTRY A radical, liberal band of Christians Where people of all ages learn to ex- 602 E. Huron at State, 668-6881 recreating their Catholic tradition to press their inner potentials. For more Rev. W. Thomas Schomaker, Chaplain blend with the times in which we live. informationrcall-971-5262 - ' ' Rev. Afne Broyles; Chaplain May 17th. , 10:30 a.m. pus community. SS J9. 's: by zr- >r: