THIS DAY IN OUR PAST

The following events took place on October 4 in the years identified:

1971:Finance Minister of

and Planning Edward Seaga in New York announces that two new financial institutions, notice of which is given in the Budget speech, a merchant bank and a finance company with initial equity capital of approximately US$1 million (J$833,000) and substantial lines of credit, are to be established in Jamaica by the First National City Bank of New York, and will commence operations shortly. Jamaica’s nine1984:member

contingent leaves the island to defend their titles at the Caribbean Badminton Championships which begins in Suriname and will run from October 7 to 17. The Jamaica team, which comprises three seniors and five juniors, will defend the men’s doubles, junior team title and individual titles (boys and girls’ singles and boys and girls’ doubles). 1985:boxing International

will return to the island with a professional card between Jamaica and Santo Domingo at the National Arena. The announcement is made at a press luncheon at the Wray and Nephew Hospitality Room. Governor General Sir Florizel Glasspole is the patron of the event. The feature fight on the card will see Jamaica’s Richard ‘Shrimpy’ Clarke, Central American and Caribbean flyweight champion, going over ten rounds against Ramon Espinal, the No. 2 contender for the crown. 1988:persons Self-employed

or those not now entitled to pension from their employers may benefit from a new retirement scheme being introduced by the City of Kingston (COK) Co-operative Credit Union. The scheme is being established under what COK terms an “irrevocable trust” to be operated by trustees acting on behalf of members in the collection of contributions and their investment.