July housing starts leap to 11 year high
Washington analysts say July housing starts rose to a seasonally adjusted annual rate of 1.72 million, the fastest since 1987, driven by favorable conditions. Builders posted a 5.7 percent rise from June, with July activity 17.6 percent higher than a year earlier, despite expectations of a slowdown.
MENTIONED IN THIS ARTICLE
Washington
David Orr
First Union Corp
Charlotte
N.C
Commerce Department
July permits fall in Lawrence amid national housing surge
Lawrence issued 20 residential building permits in July, down from 28 a year earlier and below the 10 year July average of 28. Economists see strong demand still, with low rates and low unemployment aiding builders. Nationally, housing starts rose 4 percent to 1.58 million units, led by a 3 percent gain in single family starts to 1.31 million and a 15 percent jump in apartments to 412,000.
MENTIONED IN THIS ARTICLE
Lawrence
Paul L. Kasrel
U.S
Northern Trust Co
Chicago
Asia
Kasriel
Federal Reserve
Russia delays debt restructuring plans amid slowing growth
Russia postponed its planned restructuring of ruble denominated treasury bills as output fell 4.5 percent from a year earlier and inflation cooled despite hopes of renewed growth. Deputy Finance Minister Vyugin asserted a "civilized" approach but warned against offering too favorable terms to foreigners. Fyodorov sought Deutsche Bank and J.P. Morgan input before finalizing the decision to delay the announcement.
MENTIONED IN THIS ARTICLE
Russia
Fyodorov
Germany
Deutsche Bank
J.P. Morgan
New York
Oleg Vyugin
Market and cattle quotes from across several markets
As of Wednesday close, farmers receive Wheat 2.38 Soybeans 5.12 Milo 2.77 Corn 1.77 at Farmer's Cooperative. Dodge City notes 18 800 slaughter steers and 11 000 heifers moved, with 74 400 head week to date. St. Joseph feeder cattle show near steady undertone with 745 lb cattle at 68.50. Omaha hogs steady 230-260 lb 35.00-35.25. New York metals quote: Copper 77.05 cents, Aluminum 59.6 cents, Lead 48 cents, Zinc 163.5213 cents, Tin 3.8688. Gold 285.50 per ounce.
MENTIONED IN THIS ARTICLE
Farmer’s Cooperative Assn
South Elevator
Milo
Midland
North Elevator
Dodge City
Crrv
Kansas
Omaawa
Nes
Uspa
Omaha
New York
London
U.S
N.Y
Handy & Harman
Downtown retailers bloom as fall brings new shops
Lori Christal moves from Colorado to open a cotton and silk lingerie store in downtown Lawrence, aiming for a Sept. 1 opening and about four employees. She chose the Old South image and a downtown site for visibility and local support. Henry's on Eighth Street plans a Sept. 1 opening offering coffee, food, beer and liquor, employing about 20. The Henry Street cafe at 11 E Eighth sits in the former Lawrence Brewers Supply space. Fun and Games, damaged by the 1997 fire, will reopen under new ownership with a buyer to be named.
MENTIONED IN THIS ARTICLE
Colorado
Melodie
Christal
Lawrence
Old South
Boulder
Henry's
Henry Street
Eighth
Eighth St
Lawrence Brewers Supply
Eighth Street
Jeff
Taylor
Dave Boulter
Quantrill
Pt’s
Caffe Espresso
Topeka
Boulter
Henry’s
Fun
Massachusetts
George Paley
Also Mentioned on This Page
Washington's Crossing
St. Joseph Livestock
St. Josepi, Mo
Omaha Livestock
Sheila Santee
Denning-Santee Construction Company
AL Zc
McGrew Real Estate
Kasold
Coldwell Banker Real Estate Corporatio
Morgan Stanley
Dean Witter
Lawrence, KS
Lawrence Carter Nicutee
Fances City, MO
Mike Workman
Dean Witter & Co
Dean Witter Reynolds Inc
Fall
Richard Brack
Brack
Ljworld.com
Motorola
Gee
Southwestern Bell
State
W. 23Rd St. Sta. H
Overfield Security
W. 6Th St
Russchhoff Security
RadioShack
Focal Radio Shack
Wal*mart
Poe Meets
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