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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Aug 20, 1971
Page
6
The Commercial Record reports a sharp rise in mortgage activity in July with Norwalk leading Connecticut cities. Bridgeport also shows strong figures, while statewide mortgage volume reached 310.2 million, up from 179.6 million a year earlier.
Hartford AP Deputy State Insurance Commissioner Frederick Bitzer says insurance premiums should follow President Nixon's 30 day wage price freeze, with no new rate increases unless already in effect by Aug 14 1974. He urges insurers to clarify policyholder and agent communications to their branches.
An industry spokesman says a surcharge may help the balance of payments but is not the answer to the textile problem. Officials note some exporters will be affected. United States imports for spring 1972 are largely secured, with effects expected to show as orders rise later.
A major gathering of healthcare professionals has been rescheduled as organizers adjust dates to accommodate the large number of doctors in the United States. The event aims to convene about 200000 attendees for presentations, workshops, and clinical discussions.
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