Alabama S and LAssociations Reach July Peak
The Federal Home Loan Bank of Atlanta reports Alabama savings and loan associations set July records for savings inflows and mortgage loan closings. Alabama’s 59 associations took in 63.1 million, paid out 40.6 million, netting 25.5 million, well above last July’s 14.5 million.
MENTIONED IN THIS ARTICLE
Lee Sentell
Federal Home Loan Bank of Atlanta
Alabama Savings and Loan Associations
Atlanta Bank
Reserve Bank
Savings and Loan
Alabama
Mortgage and savings records highlight July banking trends
Alabama lending associations posted a record 36.8 million in mortgage loans for July, surpassing 34.8 million a year earlier. The Atlanta Home Loan Bank's 695 members reported 519 million in net savings and 960.9 million in loan volume, both records. New hires include Michael A. Morris at State National Bank as assistant methods officer and Joe Hyde II at Your Insurance Man as life and health agent. Jim Johnson named director of advertising and PR at Cook's Pest Control.
MENTIONED IN THIS ARTICLE
Alabama
Atlanta Home Loan Bank
Michael A. Morris
State National Bank
Columbia, S.C
University of South Carolina
American Institute of Bankers
Joe Hyde II
Your Insurance Man
Life and Health Insurance Department
Tuscumbia
Huntsville
Decatur
Cook’s Pest Control
Jim Johnson
Cook's
Pest Control
Johnson
John Cook
Point
Marina at Lacey's Spring Docks Plan Promoted
Valley Marine near Lacey's Spring plans a major $1 million docks facility to be finished this summer. Walter V. Hough reports strong early sales and a full service center offering boats from canoes to the Challenger II. A test tank and fiberglass shop will be added, aiming to make the marina the most modern in Alabama.
MENTIONED IN THIS ARTICLE
Ben Windham Lacey
Valley Marine
Walter V. Hough
North
Alabama
Hough
Marina
Inboard
Lacey's Spring
HUD to Cap Home Closing Costs In Six Cities
HUD plans maximum closing fees amid rising costs for home buyers and sellers. Proposals target credit reports field surveys title examinations and title insurance in Cleveland Newark San Francisco Oakland and six other areas drawing strong opposition from lawyers title insurers and mortgage firms.
MENTIONED IN THIS ARTICLE
Robert J. Cole
New York
HUD
American University
Washington
District of Columbia
New Jersey
California
Virginia
Alaska
Maryland
Delaware
Arizona
Pennsylvania
Georgia
Robert G. Stephens
Ben. B. Blackburn
Veterans Administration
House Banking and Currency Committee
George Romney
Housing and Urban Development
San Francisco
Seattle
Settlement Of Vietnam War Should Bring Market Rise
Investors expect the stock market to climb after peace, with gains driven by a sustained economic expansion. The piece traces Dow Jones patterns after wars, noting bull markets post WWI, WWII, and Korea, and cites the 1968 Johnson escalation and 1970 recession as factors shaping postwar volatility.
MENTIONED IN THIS ARTICLE
Sylviaporter
U.S
Johnson
Hanoi
Nixon
Also Mentioned on This Page
Alabama Savings and Loans
Michael Morris
Joe Hyde
Lacey’s
Mallard
Baker Industries
Hartselle
Richard R. Watson
The
National Life and Accident Insurance Co
F. D. Peebles Jr
Peebles Oil Co
Alabama Petroleum Jobbers Association
New Orleans
Harold Morrison
United of Omaha
Noland Co
R. D. Rahm
Otto Kral
Graphic Art
American Society Quality Control
Northwest Alabama
Davis Cafeteria
Nickajack
Tennessee River
Chattanooga
Corps of Engineers
Nashville
William F. Brandes
American Bankers Association
Small Business Administration
Madison County
SBA
McGraw-Hill Information System Co
Mobile
Gainesville
Greene County
Corps
Tennessee
Demopolis
Gulf of Mexico
mid-America
Tombigbee
Roger W. Gratwick Jr
Summerlane SE
Mutual Benefit Life Insurance Co
White Sulphur Springs
W. Va
George Godwin
David Parks
Arthur Beck
Alabama Water and Pollution Control Association
Godwin
City of Water Department
Auburn
C. K. Timberlake
Judson Pheny
Bill Garrison
Franklin Porywood
Jerry Paul
Kenneth Eubanks
Jerry Meares
Vietnam
Field Enterprises, Inc
Phil Locke
South Central Bell
Richard E. Leathers
Elkton Road
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