Box II.A. - 37

First month's revenue exceeded estimates. Ended fiscal 1971 with $10.6 surplus. Chairman of Board of Probation and Parole, Lawrence Evans, resigned. Projected revenue increase for 1972 $17 million plus. Governor comments on President Nixon's wage and price freeze. Questions by Press Corps.

Water Developments- FHA. Athens- Monroe and Mercer Counties.

W.Va. Housing Development Fund- State standby financing. Public employees insurance- two members appointed. Randolph Co. Supt. of Schools- emergency. Common Pleas Court Judge- John Goad. Penitentiary discussion.

Group insurance- health and life- discussion of plan.

Purity Banking expansion announcement. Release of final 1% of reserve. W.Va. Board of Investments will back-up Housing Fund- City Park Project $7.3 million at 7% interest. Bids for Highway bonds occur May 18, $45 million.