Buying power of blacks grows as economic force
A Target Market News Inc study reports black personal income rose to $324 billion last year from $304.5 billion, boosting spending in cars, children’s clothing, and perishable foods. Black households spent $10.8 billion on new cars, up 163 percent from the prior year, outpacing white growth.
MENTIONED IN THIS ARTICLE
Hicago
U.S
Target Market News Inc
America
Ken Smikle
Smikle
Jeffrey Humphreys
Humphreys
Sears, Roebuck & Co
Oakland
Calif
Black spending rises in 1995 survey highlights
A Target Market News survey of 3,000 black households for the U S Commerce Department shows personal income reaching 324 billion dollars, up from 304.5 billion. Car and truck purchases soar to 10.8 billion, consumer electronics to 4.5 billion, while clothing and food outlays reveal gaps versus whites. Industry interest grows as firms target urban markets.
MENTIONED IN THIS ARTICLE
U.S. Department of Commerce
Junk bonds safer than name suggests
Junk bonds or high yield bonds have beaten corporate bond funds over the last decade with Morningstar data showing 1995 returns of 16.37 percent versus 15.63 percent for corporate bonds and 4.81 percent return in the first half of this year to junk funds. Experts say diversification and long term returns justify some holdings despite their speculative ratings.
MENTIONED IN THIS ARTICLE
Knight-Ridder News Service
Michael Milken
Morningstar Inc
Kmarts
Mark Wright
Morningstar
Free booklets offer money tips for newlyweds and phone plans
The Consumer Federation of America releases Making the Best Call to teach saving on telephone service and avoid traps with marketing tactics. Bradley Stillman notes the brochure helps find the right plan and avoid unnecessary charges. Free copies via mail to CFA, Washington DC. Citibank promotes Money Matters For Newlyweds with a budgeting quiz and free booklet, call 1 800 669 2635.
MENTIONED IN THIS ARTICLE
Consumer Federation of America
Bradley Stillman
Non-Profit
Federation
Citibank
New York
Probate notices reveal executors for Linn County estates
Probate No. 19371 in Linn County Iowa lists Sheldon A Hopkins estate with Joyce E Maily appointed executor and specifies four months from second publication to contest the will. Creditors must file claims with the clerk, and payment to the estate is required. Dates include August 1996 filings and August 29 1996 second publication.
MENTIONED IN THIS ARTICLE
Iowa
Linn County
Sheldon A. Hopkins
Sheldon
Joyce E. Maily
Springville
ICB
Iowa District Court
Grace A. Whisler
Edward J. Whisler
Dalewood Avenue
S.E
Cedar Rapids
Shuttleworth & Ingersoll
P.C
P.O. Box
Linn
Robert E. Fay
Robert E Fay
Fay
June M. Fay
Arizona Ave. N.E
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Higley
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