Some $390 million in deposits flowed into...

Some $390 million in deposits flowed into the nation’s savings and loan industry in October, reversing an outflow that has been occurring since April, the Federal Home Loan Bank Board said. The reversal reflected a decline in withdrawals from insured accounts of $100,000 or less, the bank board said. The savings and loan industry experienced a deposit outflow of $2.01 billion in September and a $6.17-billion inflow in October, 1987. The bank board also said mortgage lending volume in October was $19.3 billion, down 5% from year-ago levels.