Banks urged to underwrite revenue bonds to cut government costs
ABA president C C Hope Jr told 1700 attendees that allowing full service banks to underwrite revenue bonds could lower municipal borrowing costs by boosting competition. He noted most revenue bonds were once negotiated rather than competitively bid and explained proceeds fund specific public projects like toll roads and sewers, reducing tax reliance.
MENTIONED IN THIS ARTICLE
C.C. Hope Jr
American Bankers Association
ABA
ABA Bank Investments
Hope
First Union National Bank
Charlotte
Two New Officers Named at FSK Bank
William M. ONeill announces the election of Lily Longshore as vice president and Maxine Trettevik as treasurer at FSK Bank. Longshore, with the bank since pre incorporation, previously worked for Digital Equipment Corp and helps lead local business groups. Trettevik, a Mount St Marys graduate with CPA progress, joined after a stint at Old National Bank of Washington and is active in local landmarks society. The piece notes broader bond market context amid tax pressure.
MENTIONED IN THIS ARTICLE
William M. O’neill
Francis Scott Key Bank and Trust Co
Lily Longshore
Maxine Trettevik
Trettevik
Mount St. Mary’s College
Emmutsburg
Old National Bank of Washington
Ferndale
Wash
Frederick County Landmarks Assn
Baltimore Federal Six Month MoneyMaker Certificate Ad
Baltimore Federal promotes a six month MoneyMaker Certificate high yield with insured principal up to 40000 by a U S government agency. It urges checking renewals and considering first time investment while touting other certificates and a 5 1/2 percent regular savings account.
MENTIONED IN THIS ARTICLE
Baltimore
Baltimore Federal
U.S
Business briefs summarize executives and awards in small firms
Dr Bruno 0 Weinschel president of Weischel Engineering Gaitherspurg received a Small Business Administration certificate of appreciation for backing the Innovation Task Force aiding small R and D firms. Other entries note industry leaders, store chains, and personnel moves across engineering, retail, and manufacturing sectors.
MENTIONED IN THIS ARTICLE
Bruno 0. Weinschel
Weischel Engineering
Gaitherspurg
Fredenck
Small Business Administration
State sues Benson's Inc over price fixing in Maryland
Maryland Attorney General Stephen H. Sachs announces a suit in Harford County Circuit Court against Benson's Inc., a Georgia firm selling fruit cakes in Maryland. The complaint alleges resale price fixing in violation of the Maryland Antitrust Act, seeking cessation and restitution. The Century Lions Club of Edgewood filed the complaint, alleging Benson's pressured higher prices for fund raising sales.
MENTIONED IN THIS ARTICLE
Stephen H. Sachs
Harford County
Ageinee Benson’s Inc
Georgia
Maryland
Benson's
Benson’s
Antitrust Division
Attorney General's Office
Century Lions Club
Edgewood Inc
Lions Club
Sachs
Charles C. Monk 1
Mark D. Gately
Also Mentioned on This Page
FSK Bank
Frederick, Md
Johnson
Adamatown
Regent For
Peoples Life
Ing
Rerce
Ademstown
John B Moran
Viccn
Ercey Opiecal Corp
Netocal
Rene Cooter
Php
Sobel
Grtcier
Comrete
Merchan- Leong Proces
Cortes Hawley Hale Stores Inc
Waldenbooks
Nermar Marcus Stores
Dames
Rouse
Roland Gmep Itt
Fermornans Mechanics
Neevere
Bonk Fredenck
Glempe
Fretenck Shopping Center
Teatsrt
Breach Operatiens
Rom' R Burns
Willian H
Norwooda
Nicodemus
Dotba
Weinschel
State
Pilimore
Frederick
Frederick Towne Mall
FSLIC
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