
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, March 5, 1991                   TAG: 9103050153
SECTION: BUSINESS                    PAGE: A-3   EDITION: METRO 
SOURCE: 
DATELINE: WASHINGTON                                LENGTH: Short

S&L WITHDRAWALS DIP TO 16-MONTH LOW

Withdrawals from the nation's savings and loans eased in November to $2.9 billion, the smallest amount in 16 months, the government said Monday. The outflow was markedly less than the net withdrawals of $7 billion in October and $8.7 billion in September. And it was the best deposit report since thrifts recorded a net inflow of $65 million in July 1989.

Economists said the milder outflow in November, the most recent month for which statistics are available, likely are a pause and not the beginning of the end of the industry's rapid shrinkage.

November marked the 29th outflow in 30 months. Net withdrawals for the first 11 months of 1990 totaled $85.5 billion, compared with $73.6 billion for all of 1989. - Associated Press

by CNB