Claude O'Connor Heads Columbus Real Estate Association
Claude O'Connor installed as head of the Columbus Real Estate Association during Thursday night activities that included entertaining wives of board members and state officials. Charles A. Rasmussen of Omaha attended as state association president, with guests Dave Millen, Paul Quinlan, and Harold Clingarman also present. New local officers include Dick Geoski as president and Bill Neater as secretary. about 50 people attended the event at RE Landmark.
MENTIONED IN THIS ARTICLE
Claude O'Connor
Charde O'Connay
Columbus Real Estate Association
Charles A. Rasmussen
Omaha
Real Datate Assoctalion
Dave Millen
Fremont
Paul Quinlan
Lincoln
Real Estate Commission
Harold Clingarman
Licoln
Association
Dick Géoski
Ralking
The
Ord
Bill Neater
Dick Weers
Lyle Krist
Telegram
Bank loan participation survey shows strong correspondent support
A Federal Reserve Kansas City Monthly Review reports late 1969 survey of over 2100 banks across seven western states finds most banks have current participations with correspondents and wide willingness to assist. Participation volumes rise with bank size, with farm and commercial loans prominent. Smaller banks show higher flows to correspondents, and holding companies influence loan participation patterns. Copies of the study will be available soon.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Kansas City
Colorado
Kansas
Missouri
New Mexico
Nebraska
Oklahoma
Wyoming
Sec
Imostell
Ead
Lakers Transfer Expands Chase Role to Brussels Sphere
Paul Lakers, longtime director at Chase Manhattan Bank in Brazil, is reassigned to Brussels as executive director for CMB across Belgium Holland Switzerland and Italy. He is the son of Mr and Mrs PW Lakers. The Nobel Peace Prize is generally recognized as the highest honor.
MENTIONED IN THIS ARTICLE
Paul Lakers
Chase Manhattan Bank
Brazil
Brussels
CMB
Belgium
Holland
Switzerland
Italy
Lakes
PW. Lakers
Municipal securities fuel US bank portfolios in 1960s
The Federal Reserve Bank of Kansas City Review notes municipal securities became a dominant investment for US commercial banks, with Tenth District banks boosting holdings through the 1960s. Growth followed rising supply, tax exemptions, and a need to offset higher funding costs, though small district banks remained less active buyers.
MENTIONED IN THIS ARTICLE
Portfollos
Venegal Reserve Bank of Kansas City
Federal Reserve
Colorado
Kansas
Nebraska
Wyoming
Oklahoma
New Mexico
Missouri
Parliautar Ys
Meyers elected OPPD president
M. M. Meyers, chairman of Investors Growth Industries and president of First Federal Savings and Loan, was elected president of the Omaha Public Power District for a two year term. He began on the OPPD board in 1956, succeeding Gov. Victor Anderson appointee A. Mr Devitt. Richard T. Dugdale was named first vice president and Richard Sievers second vice president. Former Omaha Mayor A. V. Sorensen elected secretary, succeeding Edward Zorinsky.
MENTIONED IN THIS ARTICLE
Omaha
UPI
M. M. Meyers
Omaha Public Power Distriet
OPPD
Edward Miller Jr. Meyers
Investors Growth Industres, Inc
First Federal Savings and Loan Association
OFPD
Victor Anderson
Mr Devitt
Richard T. Dugdale
Richard Sievers
Fort Calhoun
A. V. Sorensen
Edward Zorinsky
1971 Interest Rates Split View for Savers and Borrowers
The outlook for 1971 shows two sides of money and rates. Saver plans depend on the money supply and rate moves. borrower strategy relies on discount rate changes. Banks lowered rates after a rate cut, with Chase Manhattan cutting installment loan costs. Experts predict rates may drift high then fluctuate, urging early borrowing and cautious savers seeking better yields.
MENTIONED IN THIS ARTICLE
Sanks
Tani
Federal Reserve
Wed
Washington
New York
Chase Manhattan
Henry Kaufman
Anil Peedlen
Salomon Brothers
London
Newspaper Enterprise Assn
Know rules on dividends and exemption limits
Routine tax guidance outlines which interest is taxable and explains dividend exemptions. It details how to report ordinary dividends, capital gain dividends, and non taxable distributions on Schedule B, plus rules for joint and separate returns and capital gains reporting.
MENTIONED IN THIS ARTICLE
Tutua
Iain
Lonsea
Computers stir public ire as errors meet routine use
UPI studies show thousands frustrated by recurring billing glitches and privacy fears tied to computers. Experts warn machines lack thought or feeling yet shape intellectual and emotional life, from misbilled charges to automated insurance decisions and dating services.
MENTIONED IN THIS ARTICLE
Felix Kaufman
Lybrand
Ross Gras, Montgomery
Kaunian
IRS Questions and Answers on Federal Tax Matters
Taxpayers receive a local IRS column answering common questions. It covers dependents for born children, moving expense deductions, underpayment penalties, reporting social security tax for household workers, filing requirements for deceased taxpayers, and farm tax deadlines with guidance to request Publication 599 or Publication S24 for details.
MENTIONED IN THIS ARTICLE
U.S. Internal Revenue Service
Trs Distriet
Hasan
Itis
Predict Increase in Postal Rates by May
Washington sources predict a 38 percent postal rate hike pending a five member Rate Commission decision by May. The plan would raise the first class stamp to 8 cents and lift all other classes by about 33 percent, aiming to generate about 1.6 billion dollars for the Postal Service amid an expected 2.5 billion dollar deficit this year.
MENTIONED IN THIS ARTICLE
Washington
UPI
Board of Governors
U.S
Hursday
Ofisel
Willion
Also Mentioned on This Page
Chicago
Genoa
John Beare
Plantar Wéfart
J. D
Loader
Mansur Warts
Comalea
Mand Farguson
Patera
Frank
Virginia Jarecki
Wesinacs
Meyers
Ray DE Crane
Treasury
United States
Columbus Telegram
Dept
Radio City
York
Leroy Pope
Kaufman
Neiler
Columbus
Nre
Columbua
Pirin and Industria
Ben
Lyans AA Dgucts Company
Hemel
Mount Hee
Gma
Euaton
Destanar
Caapaiones
Maur Abaress
Cin Arare
Miont
Robert Py Pleimling
Rand Latandy
IRS
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