Discount rate rises tighten Vermont mortgage squeeze
Federal Reserve boosted the discount rate by 1 percent, prompting bank officials in Vermont to warn of tighter money for housing. State leaders, including Treasurer Frank Davis and Banking Commissioner James Guest, say higher borrowing costs will tighten available funds for mortgages while forecasts from bankers and economist Malcolm Severance predict a home loan funds shortage this year.
MENTIONED IN THIS ARTICLE
Charles Butler Jr
Montpelier
UPI
Federal Reserve
Vermont
Frank Davis
James Guest
Davis
Ake Bank
Roe McKenzie
Montpelier National Bank
McKenzie
Malcolm Severance
University of Vermont
Vermont Governor Backs National Land Use Plan
Vermont Governor Thomas Salmon testifies before the House Interior and Insular Affairs Committee in support of a national land use planning act. He says the bill is not a cure-all but a step forward, noting Vermont's laws tempered development yet did not stop growth and that local control groups like Balanced View oppose broader state and federal control.
MENTIONED IN THIS ARTICLE
Washington
UPI
Vermont
Thomas P. Salmon
House Interior and Insular Affairs Committee
Roland Vautour
Rita Wilner's yoga class corrected price at Second Congregational Church
Bennington Briefs notes the yoga class price is twelve dollars not two, eight classes run 5 30 to 7 30 pm. Also covered are VFW Post 1332 officer nominations, Gold Star Mothers tribute plans, Vermont Civil Defense advanced seminar May 35 at Grand Motor Inn in Stowe, and Maggie Lettvin event in Albany. Rehearsals for Bennington County Choral Society begin April 29 with performances July 19 20. Local ads include Napolitano's Pizzeria, Lions Club auction April 27, Junior Bowlers signups at Bennington Lanes.
MENTIONED IN THIS ARTICLE
Rita Wilner
Second Congregational Church
Gold Star Mothers
Richard Holmes
Vermont Civil Defense
Grand Motor Inn
Stowe
Holmes
Montpelier
Bennington County Choral Society
Music
Mt. Anthony Union High School
Bennington
Manchester
Monument pupils win regional and state art awards
Three Monument Elementary students receive notable honors in state and regional contests. Randy Palladino and Elizabeth Whitney are Vermont winners in a federal poster contest and will be honored May 8 in Montpelier. Barbara White wins a prose contest with entries from 200 schools across New York Vermont New Hampshire and Quebec, with a June 3 ceremony at WCAX in South Burlington.
MENTIONED IN THIS ARTICLE
Monument
Joyce Horst
Bennington
Stephen Cleveland
Randy Palladino
Elizabeth Whitney
Vermont
Environmental Protection Agency
Thomas P. Salmon
Montpelier
New England
Barbara White
Horst
New York
New Hampshire
Quebec
Canada
Poetry Society of Vermont
Wcax-Tv
Burlington
BSD
Molly Stark
Congress
Also Mentioned on This Page
New Federate
Bennington Briefs
the Ladies Auxiliary of Veterans of Foreign Wars Post
Albany, N.Y
Napolitano
Ben Mont Ave
Bennington Lions Club
ADV
Bennington Lanes
Eleanor Hysek
Gene
van Stee
Olady Seis
Jamestown, N. Y
Aere
Duntame. Furniture Inc
ELM Street
Tiffany
Eldon
Manila
Sphinx
Evans News Inc
Main St
Bennington, Vt
George A. Sleeman
Oldcastle Productions, Inc
N.F. Simpson
Elaine May
Mr. Anthony Jr
Morgan
North ST. Bennington
Tweety
Carrols
Daffy Duck
Sylvester
Porky Pig
Ecarrols
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