Overdue consumer loans drop to near four year low
The American Bankers Association reports the first quarter delinquency rate on eight types of consumer installment loans fell to 2.31 percent, the lowest since June 1989, down from 2.43 percent. Economists say improving finances and lower rates point to stronger retail spending in the latter half of the year, with state rates ranging from 0.61 percent in Florida to 6.21 percent in Puerto Rico.
MENTIONED IN THIS ARTICLE
Washington
American Bankers Assn
James Chessen
The
Association
Robert G. Dederick
Northern Trust Co
Chicago
Florida
Arizona
Wisconsin
Puerto Rico
Connecticut
New York
U.S. trade deficit falls in first quarter
The United States posted an 11.7 percent drop in the current account deficit for January through March, to 20.91 billion dollars from 23.69 billion. The improvement stemmed from a services and investment income surplus and lower unilateral transfers, offsetting higher merchandise deficits as imports rose and exports edged down.
MENTIONED IN THIS ARTICLE
Washington
America
U.S
United States
Market and commodity quotes across midland to New York
Morning commodity prices show Midland Elevator in Lawrence listing wheat at 2.80, corn 2.05, milo 3.24 and soybeans 5.62. Atlantic market reports cover hogs, cattle, sheep, and index moves, with NYSE indexes mixed after inflation data and Kodak planned spin off.
MENTIONED IN THIS ARTICLE
Midland Elevator
Lawrence
NEW York
New York Stock Exchange
Wall Street
NYSE
American Stock Exchange
Dollar tumbles to new low against yen in Tokyo trading
The dollar extended its slide to a record low of 105.03 yen as Tokyo shares fell, with the Nikkei closing at 20,045.88 amid ongoing intervention doubts. Japanese official Mori warned a stronger yen could raise U.S. inflation pressures while traders cited stance on reducing the U.S. trade deficit.
MENTIONED IN THIS ARTICLE
Tokyo
U.S
Tokyo Stock Exchange
America
Japan
Yoshiro Mori
International Trade and Industry
United States
Short-term Treasury rates fall as ARM index rises
The Treasury sold 12 billion in three month bills at 3.07 percent, down from 3.14, and 12 billion in six month bills at 3.19 percent, down from 3.30, the lowest since May 24. The Fed reports one year T bill yields at 3.61 percent last week, up from 3.58.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Federal Reserve
Airlines may seek Chapter 11 to cut labor costs
North west Airlines officials signaled a possible bankruptcy filing to gain labor cost savings by altering contracts under court protection. The move would likely pursue a Chapter 11 reorganization, though the letter stops short of naming a Bankruptcy Court filing.
MENTIONED IN THIS ARTICLE
New York
Northwest Airlines
Ben Hirst
Machinists Union
Hirst
St Johnsbury Trucking to close idling 4100 nationwide
BOSTON Ending weeks of speculation, St Johnsbury Trucking Co announced it was shutting down, idling more than 4100 employees across the Northeast. The 72 year old Holliston, Massachusetts based firm operated 54 terminals in 12 states from Maine to Virginia and in Ontario, Canada. Company officials said it would cease operations after all deliveries are made on Monday.
MENTIONED IN THIS ARTICLE
Boston
St. Johnsbury Trucking Co
Northeast
Holliston
Maine
Virginia
Ontario
Canada
Also Mentioned on This Page
Jriver
Damawy
Dohniin
We New York
Kmart
Mattel
Allstate Rv
de Alcoa
Sai— MiorTc
H Mobil
ArcnDa
NtSeml
Me BankAm
H Bainatt
Reebok
Blaney
Royit
DuPont
Sarales's
SchrPl
Exxon
BSA
Schimb
Seagram
Sears
StorTch
UA Ina Syntex
A Genel
Telal
GaMotr
GaPac
Gillate
Harley S
Heinz
HmeDps
WalMor
IBM
Allied Sig
Fleming
FMC
AZ Va
Hercules
Kroger
Mercantile
ASA
Merck Saben
Metropolitan Financial Va
Nail Pizza
JC Penney
Quaker
Sallie Macay
Santa Fe
Seafield
TRW
Trinova
AntiCorp
Wal-Mart
Williams, Penn
Woolworth
Edward D. Jonas & Co
Dept. of Commercf
St. Joseph Livestock
ST. Joseph
Omaha Livestock
Omaha, Neb
USDA
Omaha
Labor Department
Eastman Kodak
Kodak
Unisys
National Semiconductor
Bank of Japan
Johnson Products. Co
Ivax Corp
Georgia
Atlanta
Fleet Finances Inc
Georgia Supreme Court
Fleet
W.T.C.S
Edward D. Jones & Co, Roru
CDT
Gestee
Arcom MeeToc
Jeff Weeast
Iowa St. Lawrence
Edward D. Jones & Co
Waterford Beer
rks JEWELERS, _ BRIDAL & FORMAL, INC
Massachusetts
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!