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Las Vegas Sun in Las Vegas, Nevada

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Las Vegas Sun

Location

Las Vegas, Nevada, United States of America

Date

May 12, 1968

Page

30

S and L Groups Face Stiff Competition

Savings and loan associations must improve tools to meet fierce competition from other financial institutions and the federal government, says William J. McKeever. He urges higher denomination securities, broader savings instruments, and investment authority to sustain housing finance amid rising yields and tightening money.

Savings and Loan Groups Savings and Loan William J. McKeever National League of Insured Savings Associations Washington S & Ls McKeever Treasury U. S New Jersey Savings and Loan League Savings and Federal National Mortgage Association Federal Home Loan Banks Public Federal Savings and Loan Asso Ciation Philadelphia Federal Home Loan Bank NLISA

Henderson Central Office Expands Under $5 Million Plan

California Interstate Telephone Company expands the Henderson central office as part of a 1968 budget. The $170000 investment increases switching capacity by 10 percent, enabling over 4000 customers once complete. Aztec Construction of Las Vegas wins a $59000 phase for a 1500 square foot addition with a 90 day schedule.

Henderson California Interstate Telephone Company William D. Smith Continental Smith Central Office Aztec Construction Corporation Las Vegas Water Street

Mortgage Financing Revamped In West

California mortgage bankers restructure lending to attract out-of-state funds. The Purchase-lease back concept and participation loans attract investors by long term returns and inflation protection. CMBA firms exceed 100. 1967 saw over 42 000 loans totaling nearly 2 billion dollars in California.

California Mortgage Bankers Association California McCarter CMBA Lake Tahoe Hotel

REECO President Moves to Rancho Nevada Estates Home

Frank C. Di Luzio, new EG&G vice president and REECO president, has moved into Rancho Nevada Estates Las Vegas. The space age authority, born in Rome, studied at Case, Fenn, and Harvard, and has held roles from Los Alamos to the Interior Department. He chairs NASA Safety Panel and serves on marine science commissions.

Frank C. di Luzio SUN Renee Germanier Rancho Nevada Estates di Luzio Eg&g, Inc Reynolds Las Vegas Reynolds Electrical & Engineering Co., Inc Rome Italy Cleveland Institute of Technology Case Institute Fenn College Cleveland Ohio Harvard Business School Albuquerque Los Alamos Atomic Energy Commission Eg&g REECO National Commission On Marine Sciences, Engineering and Resources NASA Aerospace Safety Advisory Panel

Also Mentioned on This Page

Henderson Telephone Addition Nevada Department OF Economic Development Clark Russell State Department of Economic Development Southern Nevada Industrial Foundation Wall Street Journal Russell Las Vega Electrical & Engineering Co., Inc Frank Martin Las Vegas Transfer & Storage Frank Schwarer Frank Wadsworth West Robert S. McCarter Dwyer-Curlett & Co Los Angeles Mortgage Bankers Association of Nevada Boulder Hiway Vegas Valley Drive Eastgate Estates Arbara Pring LAMB La&rea Construction Company Nevada Licensed & Bondebuilders F.H.A Bella Estates D ' Charleston Heights Shopping Center West Sahara Edna Ave Clark High School Charleston Heights Arville Sahara Edna S. Decatur
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