Home Loan Picture May Shift To Variable Rates
AP analyst notes growing push for change in U S home mortgages by 1980s as critics and lenders debate variable rate plans. Savings and loan groups press for rates that rise or fall with money costs, while Canada style renegotiations and earning-power based payments are explored. Carla Hills urges moving beyond tradition.
MENTIONED IN THIS ARTICLE
John Cunniff
Miami Beach, Fla
Savings and Loan
S&l
S&ls
League
Inflation fixation shapes Fed thinking in 1970s observers say
Money sources say a discount rate cut is needed to shift to softer credit policy. The 6 percent rate has held since May. Analysts warn limited credit growth could stall the recovery, while too much credit risks renewed inflation, with Fed actions tied to oil, labor talks, deficits, and Treasury debt plans.
MENTIONED IN THIS ARTICLE
Nerigamers
Aillanes
New York
Federal Reserve
Fed
Ford
OPEC
Treasury
Market Up As Dow Ends Week Higher At 853.67
The Dow Jones Industrial Average closed at 853.67, up 17.87 from last week, while the Associated Press average rose to 269.0, 4.5 higher. Investors cited optimism over federal aid in New York City as the main driver.
MENTIONED IN THIS ARTICLE
Dow Jones
Associated Press
New York City
High Point and Winston-Salem Business and Education Notes
Local business and professional groups announce upcoming meetings. Highlights include Ad Management Society talks on motivation, the Piedmont Triad Advertising Federation speaker Linda Hagen, and the Addy Awards. plus various promotions in fabric, dining, and training sectors. Bank loan data from the Fifth District shows mixed shifts in loans and deposits.
Student Design Rally Plans Are Completed
The Carolina Chapter of the Institute of Business Designers announced its 4th annual Student Design Rally to be held in High Point next February. Over 18 schools have reservations and 300 attendees are planned including students instructors IB D members and industry reps. A Friday awards banquet will award about $2000 in scholarships with Boris Kroll as guest speaker. John Wall chairs the rally and contact details are provided for more information.
MENTIONED IN THIS ARTICLE
Carolina
The
Institute of Business Designers
High Point
Kay Graybear
United States
Utah
Florida
Pennsylvania
Virginia
North Carolina
South Carolina
Georgia
Texas
Board of
Carolina Seating Co
Thayer Coggin
Alma Pesk
Myrtle Desk
Monarch Furniture Co
Brayton International
Boris Kroll
John Wall
Lb.d
C.G. Penegar Company
West Franklin Ave
Gastonia
Graybear
Facts Business Equipment
Winston- Salem
Dual Sides of Business Insurance Highlighted by Integon Listener
An advertisement explains how business insurance policies protect owners and key personnel from financial loss after a key person dies and how insurers tailor services for proprietorships partnerships or closely held corporations. It notes options like group and key-man plans and business continuation strategies.
MENTIONED IN THIS ARTICLE
Integon
Also Mentioned on This Page
High Point Enterprise
Canada
Carla Hills
Secretary of Housing and Urban Development
U.S. League of Savings Associations
Association of Securities Dealers
Ava
Ap.m. Dail Rices
Tata
Afrotean Inc Co
American Furniture
Ava Bankers Trust
Bassett Furniture
Wven
Blacks
Tnds
Branch Corp 1813
Brenner Inds
Thora
Ae Jasond
Ema Ion
Thar
Ooh
Jasond
Rurhup & Lime Cocnrans Furn de Aurtis Inds
Colonial Life
of Care
Tava Conner Homes
Daniel Internat
Caroline Cavins
Diamondhead Corp
P&l
Durham Lins
Gero
Gara, Steel Corp
Ya Cate Corp
Catawba Corp
Vermont
Farmers New World
Charter Bancshet
SM First Union Corp
Chatham Mig. Bery Forsyth Bank & Trust Mu
CES Corp
Franklin Lite
Coca-Cola Co
Finangcelee Guardian Corp
Harrelson Rubber Co
Herll Mayers Se
Henredon Furn
Hickory Furn
Investment Lites Trust
J.B. Wve
Stustin Inds
Kenan Transport Lance, Inc
Anys Piast Pratt 2A
Little Mint
Mack's
Lowe's
Mom & Pop
We Mullimeda
Ncnb Corp Tay NG
Northwest Fin
Coreotay NoWasta
Occidental Life Inspa
Phillips Fescue
Piedmont Aviation Public
Quality Minsk
Provident Labs
Ringaround
Mfg Rex Plastics
Carpal Ave
Mercansise Ee
Ie Moco
Tee
Nail, Corp
Sou
Nail
Coro Wa
Spartan Food Systems
Synercon
Super Dallar Storcorp
Telerent Leasing
Wa Textiles Inc
Thalhimer Bros
Unie Inc
Caro, Baneshtway
Internanenel
Nail, ‘A Shoes
Fen Group
Corp Oy
Whity Shield Co
IV Corp
Wright Machinery
Yaa As
Falcon Equipment Company
Randleman, N.C
Ray Hubbard
AMS Meeting
High Point Administrative Management Society
Holiday Inn
Horace
Bones) McKinney
Ad Federation
Piedmont Triad Advertising Federation
Linda Hagen
General Foods
Royal Villa
Greensboro
Miss Hagen
Jane Hargess
Ed Kemp Associates
Gib Clinard
Gib Clinard Advertising
Morphis & Friends of
Winston-Salem
Amsco Fabrics
Amsco Decorative Fabrics
William L. Barker
South
Barker
Amsco
Jeff Sparks
le Chateau Great Steaks
Larry Morgan
Winston-Salem Personnel Assn
Piedmont
American Society For Training and Development
Holiday Inn North
William Walter
American Society For Personnel Administration
Washington
Potomac
Society of Plastics Engineers
Little Rock Road
Charlotte
Allen Schweriner
Simco Company
National Assn
Federal Reserve Bank of Richmond
Federal Reserve District
Robert McCliston
C.S.A
Hamilton S
Awa
Carolina Motor
Zip
Hawaii
North Main St
N. C
World Travel Agency
Carolina Motor Club
Ilderton-Dodge
Moving & Storage
Mayflower
Granville
S.hamilton St
Fred P. Newby
Steve Foster
MGR
Craig Newby
Mack S. Pyrtle Win