Mortgage Money Adequate but Rates Edge Up
Washington report based on the NAREB fall mortgage study finds funds for conventional home loans are ample, but rising yields and shorter amortization may tighten access for younger buyers. FHA loans remain challenged by the ceiling on rates, while regional variations persist.
MENTIONED IN THIS ARTICLE
Morris
Buffalo
N.Y
National Association of Real Estate Boards
NAREB
Department of Research
NAREP
Savings and Loan
Midwest
North Central
Globe-Union Earnings Show Drop
Globe Union Inc reports nine month 1967 net sales of 65.414 million vs 70.086 million a year earlier. Nine month net income from operations was 61 thousand or 4 cents per share, down from 2.496 million or 1.86 dollars. The release notes offset by gains from asset sales and outlines costly new programs with expected future profits. It cites cost reductions and internal reorganization to offset weak first half results and notes a polypropylene battery container project near Florence Kentucky with 1968 startup. Prospects for Q4 1967 look favorable unless sales restrain.
MENTIONED IN THIS ARTICLE
Milwaukee — Globe-Union, Inc
Wico
San Jose
Globe Union
NAPA
Florence
Union Carbide unveils Unel stretch spandex fiber
New spandex yarn named Unel will be produced at the Institute West Virginia plant. Union Carbide executives say the product offers superior elasticity and uniformity with strong dyeability and colorfastness. Hanes Hoisery reports using Unel in support hosiery and plans 1968 advertising.
MENTIONED IN THIS ARTICLE
New York
Union Carbide Corp
Unel
Union Carbide
Fibers and Fabrics
Institute
W. Va
William J. Canavan
Fibers
Canavan
Hanes Hoisery
Hanes
James E. Gibson, Jr
Tight Squeeze Adds Teen Jeans Risk to Cold Weather
London report warns tight dungarees among teen risks as wind chills rise. Officials say snug jeans offer little insulation and can worsen sniffles or pneumonia in cold, damp conditions. A government commission spokesman emphasizes lack of warm air layer in windy weather.
MENTIONED IN THIS ARTICLE
London
UPS
Manchester Transfers Record of Local Property Deals
Town Clerk Clara May Henenway logged transfers across Manchester. Helen Gerdes sold land on Barnumville Road to Arthur and Mrs. Witt and Warren and Mrs. Chace sold a house and land on the same road to Frank Hutchins. Beriah Wall sold land on West Road to Ronald Beers of Virginia. Lulu Wyman sold a lot on Witherell Lane to Virginia Vorus. Additional parcels sold include properties on Vt. 11-30, Bonnet Street, High Meadows Way, East Manchester Road, and Red Sled Motel, with buyers from New Canaan, Englishtown, Rutherford, Rye, Manchester, and Little Silver.
MENTIONED IN THIS ARTICLE
Manchester
Clara May Henenway
Helen Gerdes
Barnumville Road
Arthur Witt
Warren Chace
Johnnycake St
Frank Hutchins
Beriah Wall
West Road
Ronald Beers
Alexandria
Lulu Wyman
Witherell Lane
Virginia Vorus
Frank Lombardy
E. Whitney Mitchell
New Cannan
Harry Barber Jr
Ernest Cafiero
Englishtown
N.J
Charles B. Vaughan
Irving Halevy
Rutherford
Henry Helevi
Rye
N.Y
Alexander Carlen
Clyde Bryant Sr
Clyde Bryant Jr
High Meadows Way
Stanley McIntosh
Little Silver
Andrew Robustelli Et
The
Professional Athletes Investment Corp
East Manchester Road
Edward J. Clark
John Willmott
Louis Rupprecht
Also Mentioned on This Page
Burgess Bros
Scott and
Park Streets
Union Carbide Consumer Products Co
Bennington Wax Paper Co
Buckler
Washington
Lady Vanity
Blender
Richard B
Ole Aath Ae Stores, Inc
Triple ‘‘S
Grand Union Empire
Globe-Union
Merrill, Iowa
UPI
Melvin Kolker
Vileau
Agway Heating
Agway
Agway Petroleum Corp
Max Perrotta
Ben Montave
Esso
J. H
Winslow
Vermont Bank and Trust
Vermont
FDIC
OTR
MED Canper Seavice
Binney Brook
Vt. 9
Wilmington
Jared J. Baker
Wolter
Sur
H. Greenberg
ST. Bennini
Stewart-Warner
Winkler
DEPOT
Bennington, VT
Ceiling
A. J. Dewey & Sons
Mckinley Street
DIAL