Local thrifts in Douglas County profitable in first quarter
All five Douglas County offices earned net income in Q1 while three show capital gaps per Office of Thrift Supervision reports. Pioneer Savings and FirstBank missed risk based capital by 3. and 1.1 million respectively. Columbia Savings faced two gaps. Capital Federal and Mutual exceeded minimums.
MENTIONED IN THIS ARTICLE
Douglas County
Office of Thrift Supervision
Pioneer Savings & Loan Assn
Prairie Village
First Savings Bank of Manhattan
FirstBank
Columbia Savings Assn
Emporia
Bran
Ches
Topeka
Capital Federal Savings & Loan and Mutual Savings Assn
Leavenworth
OTS
Financial Institutions Reform and Recovery
Savings and Loan
Columbia
Pioneer
Morris
Gerald Sprong
Savings Bank
Sprong
Home ownership rate flat after tip in '80s study says
A Census Bureau study titled Housing in America 1989 90 shows the home ownership rate fell from 65.6 percent in 1980 to 63.9 percent in 1988 but has remained statistically unchanged since before 1985. It notes younger adults delaying marriage and home buying, offset by more older couples. The report finds 57 percent of families could not afford the median-priced home in 1989 regionally, with median owner occupied home values at 80600 and new one family house prices averaging 148800 in 1989. Mortgage costs and rents rose, renters spent median 27 percent of income for housing, owners 21 percent (mortgaged) or 12 percent (non mortgage).
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
America
F. John Devaney
U.S. car sales jump fuels industry rebound forecast
U.S. auto sales rose in late June amid rising consumer confidence and a stronger economy. Big Three gain share as light trucks surge. June total 1,268,954 units, up 6.2 percent. GM Saturn led gains. Buy America sentiment helps Detroit firms over Japanese rivals.
MENTIONED IN THIS ARTICLE
Detroit
James B. Fitz- Patrick
General Motors
America
Saturn
Ford
Chrysler
Britain
Germany
Treasury bills hit multidecade lows in rate auctions
Six month T bill yields fell to 3.32 percent in Monday auction, lowest since July 1963. Three month bills at 3.23 percent, a post 1972 low. One year T bill yield averaged 3.96 percent as Fed data reflected shifting mortgage rates. In Wichita, minority supplier council chief resigns amid accusations of hollow commitments by white executives, countered by Learjet president. Tokyo stocks slide on Royal Construction distress amid rumors of creditor protections.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Federal Reserve
Wichita
Clarence King
Learjet
Brian Barents
Barents
Council
Tokyo
Tokyo Stock Exchange
Kyodo News Service
Royal Construction Co
Midday U.S. markets edge higher amid earnings caution
Wheat and corn prices from Midland Elevator report stand at 3.38 and 2.48 with soybeans at 5.65 while mile shows 4.08. In New York trading the Dow rose briefly before settling near 3,340 as volume reached about 100.33 million shares. the Nasdaq/NYSE mix showed 843 advancers to 696 declines and 597 unchanged. USDA/Omaha and St Joseph quotes detail livestock and hog prices with mixed gains and declines across cattle, hogs, and sheep.
MENTIONED IN THIS ARTICLE
Midland
Lawrence
New York
New York Stock Exchange
Wall Street
Federal Reserve
Marion Merrell Dow Inc
Heinz
Ios Gees
IBM AB
Wbha
Igames
AMD
InlPap
Alcoa
At&t
Anheus
Arkla
A Matters
Ata
Jy Baxter
Boeing
BostEdiba
Avra Ag
Blas Censow
PacTel
Panec
Itas Jy CamBak i
Coltec
Roths
Royld
Dilard S
Disney S
Ms DowCh
Sara Lee
Kodak
Sears
SouthCo
Texaco
TexUtil
Ucarba
WalMart
Sg Warn
Goodyr AO
Aly Wasie
Ualp
Gragg
Weyerh
Ray Hanson
Also Mentioned on This Page
Gwyn Mellinger
J-W
Joe Morris
ITS
Capitol Federal
First Bank
Mutual
N.Y. Times News Service
North America
Food and Drug Administration
Kansas City
Ford Motor
Glaxo Holdings
Omaha Livestock
Omaha, Neb
USDA
Omaha
U.S
St. Joseph Livestock
ST. Joseph, Mo
Geers
Fleming Eee Ee Rere Ree Rey
Fourth Financial
Hercules
HORL
Kmart
Kroger
Merck
Tee
Jcpenney
TMA Natl Pizza TY A
Quaker
Sallie Mae
Santa Fe
Woolworth
Edward D, Jones Ca
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