Keefe Plan Seeks Homebuyer Accounts To Save Thrift System
John Conniff broker unveils Harry Keefe plan to avert housing depression by channeling savings into thrifts. The Homebuyer Account would use 2,000 yearly tax free for mortgages, supported by banks and builders, with 13 percent mortgage rates and 14 percent bond yields. The aim is to restore lending, jobs, and stability without Treasury costs, benefiting banks with mortgage assets.
MENTIONED IN THIS ARTICLE
New York
Harry Keefe
Treasury
Keefe, Bruyette & Woods Inc
Keefe
Chris
WMAR TV anchor faces assault and property damage charges
Towson Md AP report says WMAR TV anchor Tobie Marsh filed criminal summonses against two striking AFTRA workers. The incident occurred about 3 40 pm Tuesday as a protester allegedly scratched Marshs car and a second woman allegedly stood with a rock. Marsh claims assault and property destruction with $100 in repairs.
MENTIONED IN THIS ARTICLE
Towson
Netareday
Cullum
Wmar-Tv
Tobie Marsh
Moorab
American Federation of Television
Belmore Ashingee
Telestation
Ms. Marsh
Edly
Ms. Alexander
Anderson
GM safety probe opens over rear axle failures in 5.3 million cars
The NHTSA opened a formal investigation after 225 reports of rear axle separation across 10 mid sized GM models from 1978 to 1980 including Chevrolet Malibu Monte Carlo El Camino and Pontiac LeMans. About 70 incidents involved accidents with 5 injuries. no fatalities reported. GM prepared a response while some sources suggested a possible recall.
MENTIONED IN THIS ARTICLE
Washington
General Motors
National Highway Traffic Safety Administration
General Motors Corp
Hal Paris
NHTSA
Mediocre market ambles through first quarter 1982
The New York stock market closed the first quarter of 1982 with a mixed showing as trading wrapped up Wednesday. Investors weighed uneven earnings and the weak economy, leaving a cautious tone across major indexes.
MENTIONED IN THIS ARTICLE
New York
Market Dips as Dow Falls 1.72 Points to 822.77
The Dow Jones Industrial Average dropped 1.72 to 822.77, posting a three month loss of 52.23 points. NYSE daily volume reached 43.30 million, with March labeled the busiest trading month in history at an average of 55.23 million shares. Gainers and losers were roughly even on the Big Board as the composite index rose to 64.52. S&P indices fell while NASDAQ edged up. AMEX fell as well. Plantronics reports Q3 fiscal 1982 sales up 25 percent to 29.779 million and earnings up to 2.3 million, or 36 cents per share, for the quarter. Nine-month sales rose 14 percent to 78.485 million with earnings up 15 percent to 6.471 million, or 1.00 per share. Shares outstanding averaged 6.44 million.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
NYSE
Standard & Poor
S&p
American Stock Exchange
Plantronics
Dow Jones
Alph
CSX Corp
al Clorox
Comsat
Exxon
Fairchild Ind
GenMotors
Gulf Oil
Hewlp
IBM
Emart
al Litton
Marriott Carp
MD Nall
Safewy
Sears
Standex
Tandy My
Texaco
M Usfg
Warner L
Whittak
Woolworth
Baker Watts & Co
Frederick
WMAR-TV Strike Over Overtime Sparks Local Tension
The Frederick News reports a March 1 WMAR-TV strike by about 14 reporters over overtime pay and contract terms. The story notes a channel anchorwoman facing criminal summonses, described as misdemeanors, to be served midweek as part of ongoing disputes.
MENTIONED IN THIS ARTICLE
Cullum
Ms. Marsh
Mos
Alexander
Anderson
Wmar-Tv
Calif firm ponders Baltimore site for big plant
A West Coast electronics firm weighs the Baltimore area for a $100 million semiconductor plant that would create about 1,100 jobs. Fairchild Camera and Instrument Corp. of the San Francisco Bay Area confirmed talks with local officials, saying Baltimore is one of many possible locations.
MENTIONED IN THIS ARTICLE
Baltimore
Baltimore Sun
Fairchild Camera and Instrument Corp
San Francisco Bay Area
John Salazar
the Sun
Also Mentioned on This Page
John Conniff
Erannre Sum
Smith Bakeries
Lediesburg
the News
Calif
Mans Jasondif
Source Commerce Dept
Wes
Warnes
Hagerstown
Maryland Ave
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