Bond Bank Nears Reality Says Vermont Treasurer
Vermont Treasurer Frank Davis announced the Vermont Municipal Bond Bank, created March 27, 1970, is close to reality with applications totaling 45.9 million dollars from 24 school districts, 13 union districts, 7 towns, 3 villages, and 1 city. The plan contemplates a first bond sale of about 25 million to 30 million with a maximum 6 percent interest rate. The program aims to lower borrowing costs for municipalities and redeploy funds into Vermont banks as notes are repaid.
MENTIONED IN THIS ARTICLE
MONTPELIER —_ State
Frank Davis
Vermont Municipal Bond Bank
Davis
News blackout raises hope for end to GM UAW strike
DETROIT UPI reports a news blackout on GM UAW negotiations signaled serious bargaining as federal mediator Counts said the government may step in if no progress is made. A special subcommittee will probe key economic issues, marking a historic shift in auto talks.
MENTIONED IN THIS ARTICLE
Detroit
UPI
United Auto Workers
General Motors
UAW
J. Curtis Counts
Federal Mediation and Conciliation Service
Washington
Counts
General Cigar
Company
Pfizer
Corning Glass
Burroughs
IBM
Texas Instruments
American Research & Development
Market closes mixed as traders weigh earnings and strikes
New York stocks end mixed on light volume with electronic issues under pressure after weak third quarter reports while steels oils and chemicals show small gains. Dow rises 2.05 to 755.61 as turnover edges higher. Amex index dips slightly amid low activity.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
Stanley nine month earnings hit new high in 1970
The Stanley Works reported nine month net earnings of 9,462,000 or 2.67 a share, up 4.3 percent from 1969, with year to date sales of 193,489,000 essentially level with last year. Third quarter earnings were 2,579,000 or 0.73 a share, down 7.6 percent from last year, while third quarter sales amounted to 59,610,000, about 5 percent below the prior year. The president cited stronger consumer products and European units offset by weaker industrial and construction divisions, and noted signals of a recovering economy and expected housing starts rise next year. The company also announced the cash purchase of Walter Finkelder in Germany to market Finkelder products through Stanley's European units, with expansion plans in Australia through Stanley-Titan.
MENTIONED IN THIS ARTICLE
New Britain
Conn
Stanley Works
Donald W. Davis
Walter Finkelder
Wuppertal-Barmen
Germany
Finkeldei
Finkelder, G. M.b.h
Stanley
Australia
Stanley-Titan
Meany escalates attack on Nixon era tactics in U S
AFL CIO President George Meany accused Vice President Spiro Agnew of McCarthyism style tactics to scare voters as he blasted the law and order theme as demagogic and said the real issues are inflation and unemployment. Meany spoke to the ILGWU general executive board.
MENTIONED IN THIS ARTICLE
Washington
UPI
Aflcio
George Meany
Nixon
Spiro T. Agnew
Congress
Joe
Meany
International Ladies Garment Workers Union
San Jose
Calif
United States
Agnew
Joseph R. McCarthy
Meany Urges New York Union Votes Against Buckley
In New York State union leaders were urged not to back Conservative Party candidate James Buckley. Meany warned some trade unionists may vote Buckley but urged choosing Ottinger and Goodell. He cited Buckley’s support for right to work laws rent controls and stripping unions of tax exempt status if they engage in politics.
MENTIONED IN THIS ARTICLE
Reiss
Adminster Environmental Planning
Vermont
Wilmington Light
Brattleboro
Washington
UPI
Aflcio
George Meany
New York State
James Buckley
Meany
Buckley
Richard Ottinger
Charles Goodell
Treasury secretary to address New England Council conference
Secretary of the Treasury David M. Kennedy will speak on The U S. Economy A View From the Treasury at the 46th annual New England Council conference in Boston November 12 and 13 at the Sheraton-Boston Hotel. The event features sessions on federal aid state projects and industry education collaboration with 600 regional leaders expected.
MENTIONED IN THIS ARTICLE
Boston
Mass
Treasury
David M. Kennedy
U S
N.E
New England Council
Sheraton-Boston
Kennedy
Nixon
Gilbert H. Hood, Jr
H.P. Hood & Sons, Inc
New England
U.S. Department of Commerce and the Interior
N.E. School Development Council
Robert Charles
Textron Inc
Charles
New
Washington
Hoosick Falls Bride-to-Be Deborah Carswell Hosts Shower
Deborah Carswell of Hoosick Falls, to wed November 14, was honored at a Sunday afternoon shower hosted by bridesmaids at Miss Shirley Lohnes’s home. About 40 guests attended as pink and white decorations surrounded a bride’s cake. Gifts were given to the bride-to-be. Clinton Philpott, the groom-to-be, was the guest of honor at a stag party Saturday night in the Eagles rooms with around 100 attendees.
MENTIONED IN THIS ARTICLE
Deborah Carswell
Shirley Lohnes
Hoosick
Miss Carswell
Miss Lohnes
Clinton Philpott
Eagles
Also Mentioned on This Page
Bond Bank
J.H. WiNslow
Cincinnati
Gamma Marcum
Miss Marcum
General Hospital
Victor B. Lewis
Foster
Allen
Hoosick Falls
Edith Beaumont
Joseph J. Caracco
Repres
David J. Allen
Ives
Gurveying
Gerald E. Morrissey
Beech St
Bennington, Vt
Pratt ST
Bennington
Marshall R. Witten
Thomas H. Foster
Kenelene Collins
Daniel A. Mason
Montpelier
Gov. Deane C. Davis
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