Weekly economic reports and meetings summary
The week features anticipated August trade data on exports and imports, savings flows from the Federal Home Loan Bank Board, mid-September agricultural prices, August construction awards, leading indicators, manufacturing labor turnover, housing sales and inventories, and late week construction expenditures. The Cedar Valley Society of Real Estate Appraisers meets Tuesday at the Hungry Eye, Vinton, with social hour at 5, meetings at 6, and dinner at 6 30. Jerry Tarkett of Home Savings and Loan Waterloo discusses Adjustable Mortgage Loans in a later talk.
MENTIONED IN THIS ARTICLE
Federal Home Loan Bank Board
Department of Agriculture
F.W. Dodge
Labor Department
McGraw-Hill
Cedar Valley
Society of Real Estate Appraisers
Hungry Eye
Vinton
Jerry Tarkett
Home Savings and Loan In
Waterloo
Bond calendar outlines week of Sept 28 new issues
United Press International lists public sale dates and amounts for U S Treasuries and corporate bonds. Highlights include 1.75 billion in U S Treasury bonds due 2001, Caterpillar Tractor notes 150 million due 1986, Halliburton 150 million due 1988, Interworth sinking fund debentures 200 million due 2001, and state or utility issues from Connecticut, Michigan Wisconsin, Alaska, Ohio, Alabama. Tax exempt issues include Jasper County pollution control bonds 175 million, Peninsula Authority Virginia 120 million, California Health Facility Authority 53 million, Seward County Kansas 60 million, Austin Texas utilities 43 million, Chicago Public Buildings 50 million.
MENTIONED IN THIS ARTICLE
United Press International
U.S
U.S. Treasury
Halliburton Co
Interworth Inc
Connecticut Light and Power
Alaska Housing Finance Co. St. Asst
Alaska Housing Finance Co
St. Asst
Ohio Edison Co
Alabama Power Co
Jasper County
Ind
Peninsula Port
Durable goods orders fall in August for first drop this year
Washington reports durable goods orders declined 2.4 percent in August, the first downturn since January, with total value at $87.2 billion after seasonal adjustment. The $2.2 billion drop ends a string of increases, while July orders are revised to a 1.3 percent rise.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Mail order's first lady built a home based empire
Lillian Vernon, dubbed the first lady of mail order, built a $40 million yearly multi company operation from a Mt. Vernon, New York home. She launched with $2,000 capital selling handbags, grew through catalogs and wholesale work with Avon, Max Factor, and Elizabeth Arden, and now ships 1.5 million packages annually. Her firms include an in house agency, gourmet unit, Provender wholesaling, and a Florence buying office. She stresses personal talent, global sourcing, and a generous return policy.
MENTIONED IN THIS ARTICLE
New York
Lillian Vernon
Vernon
Mt. Vernon
N.Y
New York University
United States
Leipzig
Hitler
Germany
Seventeen
WATS
Revion
Avon
Max Factor
Elizabeth Arden
Provender
Miami
Dallas
Los Angeles
Providence
Florence
Italy
Mt. Vernon Hospital
Port Chester United Hospital
Port Chester
Bad Debts and Tax Court Statute Of Limitations
Debra Whitefield explains options for IRS three year limit extensions and arguing the statute in Tax Court. A later section covers deducting a bad debt loan that became worthless, including treatment of attorney fees as business or capital losses and the seven year window to amend.
MENTIONED IN THIS ARTICLE
IRS
Tax Court
Tax
International Controls wins Delta satellite motors contract
Contract awarded in Boca Raton for International Manufacturing Co. in Garland Texas to build 129 solid propellant booster motors for McDonnell Douglas Delta satellites with a total value of 5.6 million dollars.
MENTIONED IN THIS ARTICLE
Boca Raton, Fla
UPI
International Controls Corp
International Manufacturing Co
Garland, Texas
Sony plans new plant in Columbia to build TVs
Sony Corp of America announced a $20 million factory will be built in Columbia to manufacture color television receivers. The plant will start with about 500 workers, expanding from Sony's San Diego site where 1,800 employees are now. Kenji Tamiya, executive vice president, stated the first unit will employ around five hundred.
MENTIONED IN THIS ARTICLE
Columbia, S.C
UPI
Sony Corp. of America
Columbia
Sony
U.S
San Diego
Kenji Tamiya
Also Mentioned on This Page
Lillian Katz
Europe
Orient
Fred
David Hockberg
Debra Whitefield
William Makepeace Thackeray
Cedar Rapids
JINDS
IE Tower
Morris
Jays
MorAmerica
Morris Plan
Lowa
Iowa
Morris As
Edgewood Road
Marion Boulevard
Marion
Fred Schuchman
Millhiser Smith Agency. Inc
Oakland Road
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