1976 S&L Profit Outlook Boosted by Housing Market Boom
The 1976 S&L sector sees strong mortgage demand and lower short-term rates lifting profits. Mortgage debt nears 300 billion as housing units rose to 857,500 in six months, while savings inflows reach 27.3 billion. Firms trim FHLB advances. margins improve with stable or rising loan returns. Buy recommendations include First Charter, Gibraltar, Imperial. also Financial Corp of Santa Barbara and Great Western Financial per Babson.
MENTIONED IN THIS ARTICLE
S&l
First Charter Financial
Gilbraltar Financial
Imperial Corporation of America
Babson's Reports
Financial Corporation of Santa
Sammy Parks Promoted to Service Manager at DSB in Nebraska
Gary Ablard announces Sammy Parks, previously district sales manager for the north central district in Nebraska, will lead the service department for commercial swine farms under service agreements with DeKalb Swine Breeders Inc. Parks holds a 1969 Texas A&M BS degree and lives with his wife Barbara in Columbus Nebraska.
MENTIONED IN THIS ARTICLE
Dekalb, Ill
Sammy Parks
Gary Ablard
DeKalb Swine Breeders Inc
DSB
DeKalb AgResearch, Inc
Parks
Texas A & M University
Barbara
Columbus
Neb
North Central
Nebraska
Lubbock
Libya buys 10 percent Fiat stake for 415 million
Libya purchases a 10 percent interest in Fiat for 415 million dollars with no political strings, according to the Fiat president. The deal awaits government approval though initial reactions expect few objections.
MENTIONED IN THIS ARTICLE
Libya
Fiat Auto
Turin
Italy
UPI
Fiat Automobile Company
Grandchildren May Qualify for Social Security Benefits
A child may be eligible for benefits on a grandparent's record if the parents are disabled or deceased and the child lives with the grandparent and receives at least half of the child's support from the grandparent for the year before the grandparent qualifies. Notify social security if resources exceed limits to avoid overpayment and bring savings passbook to the office.
Radel Named to Bank Post in Columbus Assignment
Larry Radel has been appointed as a loan interviewer with the First National Bank and Trust Company of Columbus. The appointment, effective December 1, comes after his five years with Postal Finance Company, four in Columbus. He is a Wayne native, married to Katherine Jacobsen of Winside, with two children, and lives at 2116 17th Street.
MENTIONED IN THIS ARTICLE
Larry Radel
First National Bank and Trust Company of
Columbus
George Prochaska
Wayne
Radel
Lincoln School of Commerce
Postal Finance Company
Katherine Jacobsen
Winside
Radels
17Th Street
Scotus hosts GM program Previews of Progress at Scotus Central Catholic
General Motors lecturers presented a 45 minute non technical show at Scotus Central Catholic High School to spark student interest in science and engineering. The audience saw a laser projector translating sound to light, solar cell powered Surveyor model, air bearing demonstrations, gas turbine operation, gyroscope navigation, seat belt safety, and novel chemistry experiments.
MENTIONED IN THIS ARTICLE
General Motors
National Assembly
Scotus Central Catholic High School
Wave power plan earns 15 year patent in Taiwan
A Taiwanese businessman announces a wave energy device claimed to generate unlimited power from ocean waves and says it has been granted a 15 year patent by the National Bureau of Standards of the Republic of China.
MENTIONED IN THIS ARTICLE
Taiwan
Republic of China
National Bureau of Standards
Duckwall Stores posts nine month earnings rise in 27.7 percent
Columbus Telegram reports Duckwall Stores Inc Abilene Kansas nine months ended Oct 24 net income 1 132 800 1 11 per share up from 886 881 87 cents a share Sales rise to 80 726 700 from 71 062 686 Duckwall operates discount department stores variety stores and fabric shops in six states including the Alco store in Columbus Also O s Gold Seed Co Parker sburg Iowa reports fiscal year ended Sept 30 sales 12 507 908 up from 8 325 715 Net earnings after tax 1 273 153 25 cents per share up from 1 009 130 21 cents a share The per share figure reflects a 3 for 1 stock split on March 1 1976 Becton Dickinson to acquire DWS Inc Portland Ore for 420 444 shares of BD stock DWS makes Drake Willock hemodialysis delivery systems General Telephone Company of the Midwest Columbus has two Nebraska Public Service Commission filings for music on hold cards and eight line conference capable connecting units for use with 10 button phones
MENTIONED IN THIS ARTICLE
Duckwall Stores, Inc
Abilene
Kan
Duckwall
Alco
Columbus
O's Gold Seed Co
Parkersburg
Iowa
Becton, Dickinson and Company
Rutherford, N.J
DWS, Inc
Portland
Ore
DWS
Drake- Willock
Becton, Dickinson
Nebraska
Exon Urges Lower Unemployment Insurance Rates in Nebraska
Gov J J Exon urged State Labor Commissioner Gerald Chizek to seek a rate reduction for employers. He said the Nebraska unemployment picture appears improved and would mean less drain on unemployment fund reserves.
MENTIONED IN THIS ARTICLE
Lincoln
Neb
UPI
J.J. Exon
Gerald Chizek
Exon
Chizek
Nebraska
Also Mentioned on This Page
SSI
Bank Post
Dale Electronics
Chester Peitsch
Takashi Okuyama
Yushin Hasegawa
Jepicho Corporation
Tokyo
Dale
Japan
Scotus
Wave Power Plan
Gibson's
Discount Center
23Rd Street
Nebr
Corning
Gibson
Pantyhose
Pshcou
PEPSI
Big Boy
Family Alter
Holy Bible Giant
General Telephone Company of
Midwest
Nebraska Public Service Commission
Tooleys
Cos
Federal Repocie Insurance Corporation
THE
Bankers Life
27Th Street
P.O
Stew
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