Bohemian Savings rolls out contract equity purchase plan
Bohemian Savings and Loan will start a contract equity purchase program to boost the Cedar Rapids area real estate market. The plan lets sellers get immediate cash by selling contract equity to Bohemian at a discount, avoids broker fees, and assists buyers with refinancing funds, backed by Bohemian under basic qualifications. Dennis Slauson and local offices handle inquiries.
MENTIONED IN THIS ARTICLE
Bohemian Savings and Loan
Cedar Rapids
Hal Gilchrist
Bohemian Savings
Iowa
Bohemian
Gilchrist
Dennis Slauson
Mortgage Lending
Bohemian Savings and Loan Office
Money supply slips as revision trims but stays high
The Federal Reserve reported M1 fell 1.3 billion in the week to January 27 after seasonal and benchmark revisions, keeping money growth too high to ease high rates. Rates rose with the funds rate at 14.77 percent and three month Treasuries at 13.17 percent, as revisions and new M2 definitions shift funds into broader measures.
MENTIONED IN THIS ARTICLE
New York
UPI
Federal Reserve
Fed
David Jones
Aubrey G. Lanston & Co
William Sullivan
Bank of New York
Eral
Federal
Treasury
Market gains erase weeklong losses on easing rate hopes
Wall Street edged higher with the Dow up 4 to 851.03 and the NYSE at 67.79, as investors covered shorts and awaited the Fed money-supply report. Airlines led gains after Laker Airways entered receivership, while RCA and other blue chips showed activity amid mixed volume and a Reagan budget delay.
MENTIONED IN THIS ARTICLE
New York
UPI
Laker Airways
Standard & Poor
Federal Reserve
Reagan
NYSE
U.S
National Association of Securities Dealers
Laker
Trans World
Pan American World Airways
Air Florida
Delta Airlines
American Airlines
UAL Inc
US Air
Northwest Orient
KLM Royal Dutch
McDonnell Douglas
RCA
Whittaker Corp
Brunswick Corp
Whittaker
Brunswick
Chemical New York Corp
Florida National Banks of Florida Inc
Interstate Banking
Amnex
Houston Oil Trust
Hallmark switches ad agencies after 37 years
Hallmark Cards Inc. awarded its advertising account to Young & Rubicam of New York ending a 37 year relationship with Foote, Cone & Belding of Chicago. The deal could be worth 15 to 20 million dollars annually, though Hallmark declined to confirm budgets.
MENTIONED IN THIS ARTICLE
Kansas City
UPI
Hallmark Cards Inc
Young & Rubicam
New York
Chicago
Foote, Cone & Belding
Hallmark
Advertising Age
Joseph W. Curran
Foote
Cone
Curran
Alex Kroll
Foote, Cone
Creswell Munsell Fultz and
Zirbel Inc
Cedar Rapids
Trade deficit widens 9.9 percent in 1981
The Commerce Department says the United States' balance of payments deficit rose to 27.8 billion dollars in 1981, up 9.9 percent from 1980. Exports grew 5.4 percent while imports rose 5.9 percent, with oil imports down 2 percent despite reserve purchases. The Western Europe surplus fell, while deficits with Japan and Canada grew.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Department
Europe
Japan
Canada
Latin America
Strategic Petroleum Reserve
Firm dollar reflects high interest levels
The dollar closed the week firm amid high U S interest rates as gold stayed steady. Gold prices in Zurich London and New York drifted with slight changes while silver rose, and the pound weakened in London before edging higher in New York. European rates and Tokyo also showed modest moves with the Canadian dollar steady.
MENTIONED IN THIS ARTICLE
United Press International
U.S
Zurich
London
New York
New York Commodity Exchange
Comex
Britain
North Sea Oil Corp
Frankfurt
Brussels
Paris
Milan
Tokyo
Farmall Plant to Halt Tractor Production
International Harvester Co. said it will suspend tractor production at the Farmall plant in Rock Island Illinois for two months beginning March 8. The move affects the Rock Island facility and its workforce as part of a broader production adjustment.
MENTIONED IN THIS ARTICLE
Chicago
International Harvester Co
Farmall
Rock Island, Ill
Today's birthdays in focus on Reagan and Torn
The item notes President Reagan turning 71 and actor Rip Torn reaching 51, highlighting notable birthday milestones for two prominent figures.
MENTIONED IN THIS ARTICLE
Reagan
Rip Torn
Also Mentioned on This Page
Lockheed
Palmdale, Calif
Farmall Plant
The
Gazette
Westdale
Martinizing
Westdale Shopping Center
Tim
Commercial Laundry Sales, Inc
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