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.
MENTIONED IN THIS ARTICLE
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.
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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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New York
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IBM
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Tenaco
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Kmart
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UAL
St's
AmStd
Ally Dught
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At&t
EsKods
Pacinig
Amoco
Exxon
Uniroys
Armco
Kroger
West
Lukens
PhilaFl
WinDix
HellSon
Mgmgr
PhilPt
Winnby
McDerl
Borg Wa
Merck
RCA
Gensco
Wheat First Securities Inc
Acton
Hou Oil Tr Allied Corp
Mohasco
Scoa Ind
Aimer Brands
Disney Hughes Tool
Sara Lee Corp
Humana
Amerada
Dminion Res
Ingersoll
Newmat
Sony
Duke Power
Inds
LTV Corp
Texas
BankAmef
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Litton
Pat Ptrl
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Frort
la Pacific
Trico India
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Tucson
el Lowes
UNC
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la Rulty
Pennwalt
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Ga Pacific
Manor Care
Pepsico
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Gould
MAPCO
Pittston
US Air
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Grace
United Tech
Cabot Corp
Grumman
Mary Kay
Plantronics
Clorox
McDonalds
Potomac Fl
Univ Leaf
Pyro Enrgy
Warner Com
Cro Pwr
Hanna Min
Marion Lbs
Warner Lamb
Hecks
Revlon
Cstl Cp
Enrgy
Rockwell
Wilms Flee
Washington
Treasury
Treasury Department
Wheat First Securities, Inc
Inter-Dealer
Comex
Apple Computer
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Bassett Furniture
Benafuels Inc
Bluefield Supply i
Burke Parsons
Cadmus Commundations
Dibrell Bros
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Figgie Int
Holdings
Buty Fingermatrix
First Carolina Inc
Fortune Systems
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ADK li
Kincaid Furniture Inc Itay Ty
Ladd Furniture Inc
It Wy
Magnet Bank Hs Dec
MCI
Pulaski Furniture
Mar
Ragen Corpay
S&k
Famous Brands Ts Mis Dul
Sep
Shoneys Inc
Dec
Sovran Financial
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National Association of Purchasing Management
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James L. Dutt
Beatrice Companies Inc
Maxwell
ExpressCare
Princeton Community Hospital
ExpressCare 24
Yprinceton Community Hospital
Viha