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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jan 31, 1967

Page

31

Chase to Hold Prime Rate at 54 Percent in NY Bank

NEW YORK AP Board Chairman George Champion of Chase Manhattan Bank said on Monday the bank intends to hold its prime rate at 54 percent, not following a cut others made. He cited the money market tone and Fed policy as reasons and predicted little change in major corporate loan demand. Executives from Wells Fargo and Continental Illinois weighed possible shifts as banks debate rates amid a shifting credit climate.

New York George Champion Chase Manhattan, Bank Chase Champion York Washington Federal Reserve Ransom M. Cook San Francisco Wells Farge Bank Cook Jack T. Conn ABA Bankers’ Conference Johnson Congress American Stock Exchange Perry Sid Brod Ana Aerale Atronca Inc Fhay Sid Thomson Stel Aluminum Alaska af + Ma Co. of America AllegAlri Oée Allegcorp Alston Allied Talleyind Statha Techife Wyveld Arklgos Samera Assdoit & Gah Aico Ghem Wis Todd Ship Spa AtlasCorp Statava Lear Siegler, Inc Tron Lux Corp Balfield Ind Continental Airlines Barnes Eng A. Shia 3A Barrell India Barry Yer Baruch Iews Bunker LM Co.t Univ Botany Ind Victoreén Valspar Ky Lick Corp Bownier Bradford GraciiLion BrAmOll Wichita Bruce EL Wright Harg Bunk Ramo Bat — Xtraine AB Gathorine Catcomp Bae Zapola Ila Asiea Huck Cc Corp Associated Press United Clary Corp Coleman Condéc Corp Assacl- Select Dnc Cott. Corp Niest Securities Crown Atum al Bough Keystone Cable Corp Cuner AW Aberdeen Dautth CO Déltona Cor U Am Add Invest, Co Devon P Dame Dorsey Knick Uf Oh DuvelCp Dynalectina Aeak Fund Va Fund ElComm Industries Elect Missile Va Aerosol Tech Ve Esq’ Rad '&E A Ee O Bullock Byard Company Yaes Wie Essex Moss Carpenter Steel Mae Falcon tAass le Crane Compsny Cone Srg Q Copit Inc dalMoss Fed Resree Fargo Oils Ay Copit Harvey Hubbell Oe Felmont Oil Shah MG Morton Funds Korvey Hubbett Channing Funds Grwih Locke Steel FinanGn Gb Velola Sgton Incom McKeison & ‘Robbins bin Instron Roybstlos Inc Tiger Mut Trust le United Airceafi Glonninic Valvé Corp Citadel Unavallab Nat Inves Warner Bros Catan Bond Gorham Divid Sik Gr Bos Pal Ag la Tave Incom Invest Nat West NEW York AP Standard & Poor Hoernerv Yims Odpén Haltinger Homoila Hern Hardart VA Conver Philand Lang Hycon Mi Purian ‘Georg Selec- Jacksnm Jelranica Mia Grin Jupiter Co Invest i Allman Ag? Ag Eostn Bal Qty Disti Keage Aller Eoin Rep Tech Moody’s Stock Ay Kanebpl Pak Enetay Wal Revere More and Kin Ark Equity Scudder Fundy Kirby Catay Radio En Founders Accuioil Ad Vza Franklin Wood Cpts Starlinv InGih Avengsco Tema Gt Ing Power Fund’ Arm Texas Fo Unavail de An Ae Fond Inc Andwest Ata Get Invest Twenc Inc United Funds Malyth Can Molybden Chen Movielle Ats Id Videoa al Shiyu AulerCa Cam Wal Ling H. Monn Hom Néwidtia Merady Viking NewPark An Ua Inc Aza Wollst Kort So Ry Vash Alu Nor Can Gils Wize Nocos$ Afriina Ria BAS Nuclear Qokien Paw Indus G. H. Walker & Co Panceos Pri Allied Products West Arrow Hort & Hegeman Ag Philips Elect Barden Corp Phoenix S iSea Si Modern Communications Media Fafnir Broringasta Peeston Boar Farrel Coro Lpgie Nati de Cata Radiaton Handy & Harman REDM Peter Remar RIC Group Vileamon Ratliggine Ross Vincent Weston Roy Rusco Indust Seeman Servo Corp Carp New England Bams

Alcoa and Harris-Intertype Profit Figures For Half Year

The American Exchange reports Alcoa and Allegheny Ludlum Steel new highs with 1968 six month profits 25.106 million or 6.06 a share versus 19.474 million or 4.81 a share. Harris-Intertype Corp six month net ended December 31 5.849 million or 1.28 a share versus 4.716 million or 1.02 a share.

Allegheny Ludlum Steel Corg Harris-Intertype Corp.y

Mortgage Rates Continue To Rise During December

Mortgage rates edged higher in December 1966 with conventional loan costs rising to 6.52 percent for existing homes and new loan rates ranging from 5.98 to 6.96 percent by region. The Federal Home Loan Bank Board noted tightened money supply as a key driver, while savings and loan deposits climbed by 1.73 billion, aided by dividends and interest-rate ceilings.

Washington Savings Federal Home Loan Bank Board Sny Loan Associations Federal Housing Administration Veterans Administration New York Houston Texas Savings and Loan Associations

Consolidated Foods In Merger Accord

Consolidated Foods of Chicago and Abbey Rents of El Segundo California plan a merger in principle pending tax ruling board ratification and stockholder approval. Abbey Rents rents household articles con valescent equipment party supplies and more while a subsidiary markets early American style furniture. Each Abbey share would swap for three sevenths of a Consolidated share.

Chicago Consolidated Fonds of Abbey Rents el Sepundo Calif Consolidated Abbey Consolidated Foods Lommon

Also Mentioned on This Page

Wheeler Ce Foster StorchaChem Hotadlo Libby Aacti&lib Indus Ipe A & A Wiebald Tae Jhomas Ind Accung Larive Pitts Gular Admiral Corp Ls YAS American News Armstrena Corp al Barbara Lynn Block & Decker Boeing Co Bway-Hale Bunker Hil Hee HHHS Chelsea Indust Duke.Power Granite City Koppiers D Moore Moving & Storage, Inc Anton- Ava Cory Pat ING Federal Road Danbury Conn Val Lombard Barnum Ave Stratford Fairco Fairco, Inc GED Burr-Court American Exchange Alcoa Underwood & Underwood Portraits, Inc Fifth Ave Main St Bridgeport Connecticut Carreau, Smith Consolidated Foods The United Illuminating Company Hans R. Fadum Merrill Lynch HM News Pierce Fenner Smith Principone Atsche GTS Donald W. Evers W. Park Place Stanford Obiol Thomas Behnfield Mgr Church Street New Haven General Motors Holroyd Pontiac, Inc Fairfield Avenue
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