Super-NOW and Money Market Accounts Explained
The article outlines two bank accounts the Super-NOW and the Money Market Deposit Account. It explains eligibility with a $2,500 minimum, unlimited check writing for Super-NOW, more restricted transfers for Money Market, insured deposits up to $100,000, and rate variability with no guaranteed long term rates. It notes fees, bank differences, and potential rate comparisons to Wall Street money funds around 8 percent.
MENTIONED IN THIS ARTICLE
Gary Klott
United Press
Etic
New York
Wall Street
Money Market
Federal Reserve
Stock market rally recovers most of Monday loss on Wall Street
UPI reports a strong Tuesday rally with the Dow up 19.04 to 1046.08, led by blue chips and oil shares. NYSE and NASDAQ indices rose as volume surged, with AT&T and IBM among active issues and gains spread across major petroleum and chemical stocks.
MENTIONED IN THIS ARTICLE
New York
UPI
Wall Street
Dow
Standard & Poor
American Telephone & Telegraph
American Bell
Texaco
Atlantic Richfield
Exxon
Mobil
Phillips
California Standard
Ohio Standard
Indiana Standard
Sun Co
Superior Oil
Allied Corp
American Express
Bethlehem Steel
DuPont
Eastman Kodak
General Electric
Minnesota
Mining & Manufacturing
Sears, Roebuck
United Technologies
Chrysler
Coleco
Mattel
Commodore International
Tandy Corp
Wang Laboratories
Dome Petroleum
Texas Air
National Association of Securities Dealers
Heileman Pabst merger seals final agreement
Milwaukee based Pabst Brewing Co merges with G Heileman Brewing Co of La Crosse and Olympia Brewing Co of Tumwater. Heileman will keep certain Pabst and Olympia plants and brands while spin offs form a new independent Pabst. Approval from shareholders needed. expected completion by March 15.
MENTIONED IN THIS ARTICLE
Milwaukee
UPI
Pabst Brewing Co
G. Heileman Brewing Co
la Crosse
Olympia Brewing Co
Tumwater
Wash
Heileman
Pabst
Portland
Ore
Olympia
San Antonio
Texas
Pabst and Olympia
Wrigley raises prices for gum products first time in years
Wrigley announces price boosts of up to 19 percent on major gum lines including Doub lemint Spear mint Juicy Fruit and Big Red effective Jan 1 wholesale packs rise 7 to 13 cents with 30 and 50 stick options. Credits offered to direct customers through March 31 to offset early costs while wholesalers and retailers may pass increases to consumers.
MENTIONED IN THIS ARTICLE
Chicago
Wm. Wrigley Jr. Co
Claude Brooks
Brooks
Wrigley
Chrysler Joins Big Three With 11.9 Percent Financing
Chrysler Corp said it will match General Motors and Ford by offering 11.9 percent financing on 1982 and 1983 cars and trucks, becoming the last of the three to announce new loan terms after a period at 10.9 percent for those models.
MENTIONED IN THIS ARTICLE
Ford
Detroit
UPI
Chrysler Corp
General Motors Corp
Ford Motor Co
Chrysler
How Safe Are Money Market Funds Safety and Ratings
Retiree asks about the safety of a tax deferred money market fund the AARP U S Government Money Market Trust The article explains government only funds may invest in Treasury bills or agency securities and cautions that some so called government funds hold non guaranteed Fannie Mae debt It suggests checking the prospectus and Money Fund Safety Ratings for independent ratings The LA Times notes the fund has AAA top rating and implies strong safety but warns about varying guarantees and fund composition
MENTIONED IN THIS ARTICLE
AARP
U.S
Money Market Trust
Savings and Loan
U.S. Treasury
Mortgage Association
Fannie Mae
Congress
Mortgage Finance Corporation
Money Fund
Institute For Econometric Research
Federal Highway
Fort Lauderdale
Fla
Money Fund Safety Ratings
Iowa Farm Implement Firms eyed for Army defense work
Rep. Cooper Evans says the Army may award defense contracts to Iowa tractor makers including John Deere of Waterloo and White Manufacturing of Charles City. Talks with Army Secretary John Marsh covered upgrading 1600 tanks and a plan to build up to 2000 heavy armored earthmovers for the mobile force. Evans cites potential cost benefits and urges broader use of tractor builders in defense.
MENTIONED IN THIS ARTICLE
Washington
UPI
Cooper Evans
Iowa
Army
Evans
Pentagon
John Marsh
John Deere & Company
Waterloo
White Manufacturing
Charles City
Marsh
John Deere and
White
John Deere
Harvester loan approved to start production line
International Harvester will receive a 6.9 million city loan next week to finance a Farmall plant production line transfer from Louisville. The loan, funded by a city bond sale, aims to create 350 to 500 new jobs as opponents dropped out after full collateral was provided.
MENTIONED IN THIS ARTICLE
Rock Island, Ill
International Harvester
J. Neil Neilsen
Harvester
Neilsen
Louisville
Farmall
Rock Island
Also Mentioned on This Page
IBM
Mazda
Cedar Rapids
Bruce McGrath
Pontiac
Center Point Road
Heileman and Pabst
Eral Home Loan Bank Board
Bank Board
Fed
Los Angeles Times Service
Tom Underwood
S.A.D
Gazette
The
Third Ave
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