Banks Face Brisket Market Outlook and Bank Stock Picks
A Babson’s Reports analysis notes uneven bank profits amid modest loan demand though GNP and industrial output rise. Prospects look for stronger credit demand as consumer spending recovers and inventories grow. Recommendations favor Chase Manhattan, First National City, Continental, Wachovia, Citizens & Southern, Western Electric, and Chemical Bank, with emphasis on overseas expansion and value buys for long term gains.
MENTIONED IN THIS ARTICLE
Fed
Babson’s Reports
Chase Manhattan
First National
N.Y
Continental
Wachovia
Citizens & Southern
Atlanta
Babson
Western Cancorporation
Chemical New York Corporation
Nebraska wins Discover America Award for travel campaign
Nebraska state travel program The Good Life received the Discover America Award from DATO for 1972 for an impulse marketing effort to boost Nebraska tourism among Old West Trail travelers. The Old West Trail Foundation earned No 1 regional promotion for Yellowstone centennial themed efforts, marking the five-state group’s third national award in eight years.
MENTIONED IN THIS ARTICLE
Nebraska
America Travel
The
Good Life
Discover America
DATO
Old West
John Rogenaw
Iwain
Old West Trail Foundation
Yellowstone National Park
National Park
U.S
Montana
North Dakota
South Dakota
Wyoming
Oki West Trail Country
Nebraska Bar approves no fault insurance plan in no vote
The Nebraska Bar Association House of Delegates unanimously backed a first party no fault plan to guarantee 2800 medical payments from the insured’s company without court action. The plan preserves court access for pain and loss of earnings, targets uninsured motorist increases, and opponents warn against federal no fault mandates.
MENTIONED IN THIS ARTICLE
NBA
House of Delegates
Omaha
Neb
Nebbraska Bar Association
Hea Ap
Crs
M. Bruckner
Lincoln
Albert Schatz
Bruckner
Schatz
Bar Association
James A. Lane
Ogallata
Lane
James Waldron
Callaway
Longest rising economic recovery, says Wall Street analyst
AP reports optimism remains high on Wall Street as James Fullerton of Capital Growth funds and Robert Parks of Blyth Esplanon-Snillon discuss a recovery that may rank among the longest in U.S. history. They cite strong momentum, rising consumer purchases, and expanded institutional advertising amid evolving policy and calmer world conditions.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Wall Street
James Fullerton
Fullerton
Robert I. Parks
Blyth Existman Snillon & Co
Parks
U.S
United States
Atlantic Seaboard
Atlantic Ocean
Mobile homes sales and freight trends hit new highs in 1971 72
The Mobile Homes Manufacturers Association reports new mobile home sales exceeded 3.25 billion dollars in 1971 with 1972 projections near 4 billion. Intercity trucking tonnage through 35 metropolitan terminals rose week to week while showing gains versus 1971. Model Finance Co plans cash purchase of Creditel Corp valued at about 550 thousand dollars. Local attendees to Gateway Realty’s statewide convention in Omaha included Dick and Mary Godowski and others.
MENTIONED IN THIS ARTICLE
Associaton
The
American Trucking, Associations, Inc
Model Finance Co
Creditel Corp
Omaha
Model
Gateway Realty
Mary Gdowski
Gary
Dorothy Jones
Herman
Arlene Oehlrich
Bill Neater
Cavett Roberts
Merlyn Cundiff
Savings and Loan and
Columbus
Loup board approves district construction plans
The Loup-Posyer District board approved 31 727 in district wide projects. Key items include an 8 818 underground distribution and street lighting in Heilbusch Milch Addition Columbus and a 5 160 street light addition in Oak Park Addition Columbus. Others cover contingents for a new substation northwest Columbus and street lighting in Creston Belgrade Fullerton and Miedland areas.
MENTIONED IN THIS ARTICLE
Loup - Posyer
Too County
Columbus
Heilbusch Milch
Laup
Oak Park
Happy Home
Memphrey
Creston
Belgrade
Fullerton
Miedland
Lincoln grants fund La Vista recreation area project
State and federal officials announce an eight thousand seven hundred fifty dollar grant to acquire and develop three acres into a La Vista recreation area. Plans include picnic tables playground equipment a footbridge and asphalt walks for public use.
MENTIONED IN THIS ARTICLE
Lincoln
Neb
la Vista
Also Mentioned on This Page
Lewis R. Frieze
Lovie's
Mary Lutz
Dick Shanquist
Frieze
23Rd Street
Creditel Fas
LS. Government
Guaraneed
A. G. Edwards
A. G. Edwards & Sons, Inc
Hierabulh Ker Horn Flock Exchange
Tre
Telephone
Malta
A. G Edwards & Seas
Tee
First National Center
Nebi
Savings & Loan Institution
Equitable Savings & ‘Loan Association
14Th Street
25Th
Equal Housing Lender
Loup Board