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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Aug 06, 1985

Page

5

Conrail UTU ratifies master labor contract through 1988

Consolidated Rail Corp says the United Transportation Union ratified a new master labor contract effective through June 1988. The deal restores many employees to industry scale wages retroactive to July 1 1984 and includes future wage increases fringe benefits and working conditions. UTU backs a public stock offering to return Conrail to private ownership.

Philadelphia — Consolidated Rail Corp United Transportation Union UTU Conrail Stuart M. Reed

Fannie Mae Tightens Down Payment Rules for Mortgages

Washington AP notes Fannie Mae will require higher minimum incomes for borrowers with less than 10 percent down on conventional loans. The move aligns with lenders’ practices and aims to curb risky low down payment mortgages amid cooler inflation.

Washington Housing Finance Federal National Mortgage Association Fannie Mae James Christian U.S. League of Savings Institutions Christian David O. Maxwell

Stock tumble as investors fret over economy and rates

New York markets fell broadly as traders cited uncertainty about the economy and higher rates. The Dow dropped 6.16 to 1346.89 amid weak volume and lingering doubt about demand for the Treasury's 21.5 billion dollar bond offering. A PMI survey showed no improvement in manufacturing activity.

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Also Mentioned on This Page

James L. Dutt Beatrice Companies Inc Maxwell ExpressCare Princeton Community Hospital ExpressCare 24 Yprinceton Community Hospital Viha
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