Colonel Long Hikes Prime Rate Trend Across Banks
NEW YORK The colonel, Col A L Long of Southwest Bank St Louis, has repeatedly upset bankers by lowering the prime rate. He notes he uses a hunch rather than modern models, believes the rate will trend downward to 9 10 percent this year, and argues current Fed policy won t curb inflation. He cites growth at Southwest Bank and his stance as unpopular yet profitable with borrowers.
MENTIONED IN THIS ARTICLE
New York
Washington
Hs 3
A. Long
Southwest Bank of St. Louis
Long
St. Louis
Federal Reserve Board
Treasury
Michael Blumenthal
Economy steering through murky weather under Carter era doubt
John Cunniff discusses how the U S economy navigates uncertain data and mixed signals in March and April. The leading indicators fall while employment rises slightly, credit and business spending surge, housing remains murky, and economists doubt the discipline, leaving policymakers to act on instinct amid a looming downturn.
MENTIONED IN THIS ARTICLE
New York
William Cox
Commerce Department
McGraw-Hill
Statues in National Statuary Hall Limit Set
The National Statuary Hall in the U S Capitol began with two statues per state, later limited to one statue from each state in 1933. By now 91 statues have been contributed by 50 states.
MENTIONED IN THIS ARTICLE
Statuary Hall
National Statuary Hall
U.S. Capitol
House of Representatives
Taxes urged as year 1979 planning starts now
Maryland Association of Certified Public Accountants urges taxpayers to plan for 1979 taxes. Topics include child care credits even when paid to relatives, employer perks, non business auto mileage records, and possible tax treatment of employer paid education expenses. Changes may affect families and working parents.
MENTIONED IN THIS ARTICLE
Maryland Association of Certified Public Accountants
Maryland Cpas
Internal Revenue Service
Congressional Task Force
Maryland Cpa Association
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Louis Bakeyser
Ing
Southwest Bank
Bevyad
Masaport Bank
the Mercantile
Southwest
The
Frederick
Frederick, Md
John Cunniff
U.S
Ship of State
Dow Jones
Allg Pw
Alph Port
Hh AU
Balt GE
Undgd
BethSt
Black Dr
Chessie
Clorox
CocaCl
Exxon
M Fairchild Ind
Fedders
MD Bre
Giant
Gta&p Hh
Gulf Oi
Harris
IBM
Kmart
Litton
Martintt Corp
NauiCp
Mobil
No A Phil
Penney
Peop
Sears
Tandy Texaco
Warner L
Gsam
Whittak
Robert Hooper
Baker, Watts & Co
Ee Eee
Aca Ee
New Chinese
Cochtal
Bamboo Garden
Charles
Wendy Chu
Francis Scott Key Mall
Charles €. Smith
Jeannie Mong
Charles Chu
Becky Spicer
CPA
Will Hurwitz
Appraiser Colonial
Eldorado
St. No
Yee
Scottsdale
Shockley
Helmut Berkholtz
4 State
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