July Decline in New House Prices Pulls National Average Down
The Commerce Department reports a July drop in the national average price of a new single family home to 83,600 dollars, down 2,300 from June as high interest rates keep markets soft. July sales total around 36,000, with regional price changes. the Northeast at 95,300, down 6,700 from June, the North Central at 95,300, the South at 76,000, and the West at 96,000. These shifts follow month-to-month volatility amid a slowing market.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Bill Young
The
National Association of Home Builders
Letter bomb sent to Reagan in Detroit
At least three crude dynamite bombs were found in downtown Detroit on Monday. One bag addressed to President Reagan contained six sticks of unstable dynamite and a note threatening the life of the president. Police and FBI worked the case as a federal matter with Secret Service analysis pending.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Reagan
Washington
FBI
Belle Isle
Island Park
John Anthony
Anthony
Secret Service
Wayne Roberts
Roberts
Postal Service
Basime Lalommollanl
Threat on Reagan Houston
The Secret Service reported a threat on President Reagan Houston on Monday. Details were limited but security measures were stepped up at the event location. No injuries were reported and investigations continued.
Notting Hill Carnival Violence: Police Injured and Stabbings
In West London during the Notting Hill carnival final hours youths hurled bottles and stones at police injuring five officers. Two civilians were stabbed as about 150 youths clashed, while authorities reported 25 arrests over the weekend and crowds estimated at 200,000 for the main Monday event.
MENTIONED IN THIS ARTICLE
London
UPI
Preblack
Notting Hill
David McNee
Caribbean
Chase Lowers Prime Rate to 20 Percent
Chase Manhattan Bank cut its prime lending rate by half a point to 20 percent, with analysts expecting other major banks to follow. A Chase spokesman said the move is not necessarily a trend but a response to market conditions.
MENTIONED IN THIS ARTICLE
Chase
New York
UPI
Chase Manhattan Bank
Americans spend more on summer car trips this year
AAA data show travel costs rise from about 125 to 138 dollars per day for meals lodging gas and other items. Despite higher prices motorists plan shorter trips around 300 miles from home with many choosing 1 to 2 week vacations as gasoline prices ease slightly.
MENTIONED IN THIS ARTICLE
Washington
UPI
American Automobile Association
AAA
Also Mentioned on This Page
Houston
Brixton
Liver
Scotland Yard
Allan Wilbur
U S
SH Tvsaof
Nestor
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!