North American housing slows as resale sales drop in January
Washington AP reports January existing home sales fell 4.5 percent to a 3.59 million annual rate, the lowest since April 1993, with mortgage rates around 9.15 percent. Northeast gains offset declines in Midwest West and South, price medians show mixed regional results. Analysts warn rates constrain buyers but consumer confidence remains relatively high.
MENTIONED IN THIS ARTICLE
Washington
National Association of Realtors
Dan Seto
Nikko Securities Co. International
Conference Board
New York
National Association of
Edmund G Woods Jr
John Tuccillo
Association
Federal Reserve
Northeast
Midwest
Greenspan backs plan to let banks underwrite securities
Federal Reserve Chairman Alan Greenspan testified that banks have shown risk management in limited securities dealing and could expand on Wall Street. He supported the House Leach bill to rebalance banking and securities activities, while noting prudence on cross ownership and the administration plan's details to be released later.
MENTIONED IN THIS ARTICLE
Greenspan
Washington
Wall Street
Federal Reserve
Alan Greenspan
Greenspan Long
Clinton
Leach
Senate
Alfonso M. D'Amato
R-Ny Treasury
Robert Rubin
New York
D’amato
Charles Schumer
D-N.y
Mr. Schumer
White House
Banking Committee
J.P. Morgan & Co
Mr. Greenspan
Grain futures mixed as Chicago Board trades uneven prices
CHICAGO AP futures data shows Wheat trading around 3.50 to 3.60 dollars per bushel with small moves. Open high low and last figures appear inconsistent, reflecting typical Board of Trade volatility. Trading activity lists open interest at about 41,289 contracts and sales near 26,935 for the session.
MENTIONED IN THIS ARTICLE
Chicago
Ucago Board of Trade
Mion
Stoffer-Sanner Buys R.W. Boyer Agency Insurance
Stoffer-Sanner Insurance Agency Inc has acquired the insurance business of the R.W. Boyer Agency, expanding reach in Frederick. The firm will service all Boyer policies from 25 N Court St Frederick, retaining personal service and a broader product menu for new clients.
MENTIONED IN THIS ARTICLE
Ed Waters Jr
Stoffer-Sanner Insurance Agency
Frederick
R.W. Boyer Agency
William C. Myers
Frederick Mutual Insurance
R. Lewis Loving
Stoffer-Sanner
Marion D. Carmack Jr
Howard N. Boyer
Robert S. Carmack
Richard Loose
Mark McGreevy
Associates
Stoffer-Sanner Insurance Agency Inc
Stoffer- Sanner
R.W. Boyer
Carmack
Frederick County
N. Court St
Consumers shift shopping habits in MasterCard Yankelovich survey
A MasterCard Yankelovich survey for the National Retail Federation finds 36 percent of consumers shopped less in 1994 than 1993, with declines since 1991. Time constraints push demand for lower prices, efficient service, late hours, personalized attention, safe locations, flexible payment, and easy returns. Retail employs about 20 million, half of them women, contributing $2 trillion to the economy.
MENTIONED IN THIS ARTICLE
MasterCard
Yankelovich Partners
National Retail Federation
U.S
Also Mentioned on This Page
Dee
Wahl Business Systems
East Fifth Street
Baltimore/ Washington
Bell Atlantic
Ealt Wash
MD Eastern Shore
Business Radio Products, Inc
Bidg O. Frederck
Ager
Minamaimr
FCN. Ibank
Cail
Inhciam
West Tsk
Minn Offa
Ythve
Widdletown
Rosemont
Reute
Walkerville
Monteomenmanh
Damasos
Miwerr Fdic
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