Broker enjoys profits in record stock surge
John von Briesen a 31 year old account executive at E F Hutton reports a surge in trading volume and commissions as stock prices climb. He notes the boom follows economists revising forecasts and coming declines in rates, with 121 million shares traded in one day and 132 million the prior week. He earns commissions after meeting salary targets and says the rally boosts his income and the industry.
MENTIONED IN THIS ARTICLE
NEW York
John von Briesen
von Briesen
E.F. Hutton & Co
E.F. Hutton
Labor: Wages pace inflation in July
The Labor Department reports that real average weekly earnings rose 0.2 percent in July after inflation adjustments, the highest since April, while consumer prices climbed 7.3 percent year over year. Over the year, real earnings fell 1.4 percent from July 1981 through July 30.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Bureau of Labor Statistics
Aiso
Consumer loans may lag as rates fall explain Explained
Rates have dropped in markets but consumer loan costs stay stubbornly high. The piece explains open market rates like the federal funds rate and jumbo CDs, why banks lower business loan rates faster, and when consumer rates might ease. It notes economists expect some fall but not as quickly or widely, with risks rates could rise again later if deficits persist.
MENTIONED IN THIS ARTICLE
Robert Burns
New York
Wall Street
Congress
Judge allows abortion for comatose woman in Pa case
Chester County Judge Lawrence E. Wood ruled doctors may decide to perform an abortion on Patti Ann Wunsch, a 23 year old comatose patient, despite Pennsylvania law requiring informed consent unless life is at stake. The decision lets attending physicians judge what is necessary for the patient’s health, citing a Supreme Court ruling.
MENTIONED IN THIS ARTICLE
West Chester
Chester County
Lawrence E. Wood
Pennsylvania
Patti Ann Wunsch
Miss Wunsch
Downingtown
Chester County Hospital
Dorothy Pettit
Wood
U.S. Supreme Court
Monkey Escapes In Hartdale As Monkey Meets Banana Bribe
Alfie the 17 year old monkey fled from an open window in Hartsdale New York while owner Erica Zern was away. He was found by two brothers in a backyard hole and lured out with a banana top Twinkie. police noted no summons due to lack of a leash law for monkeys.
MENTIONED IN THIS ARTICLE
Hartsdale
N.Y
New York City
Alfie
George Flynn
Jane Street
Flynn
Also Mentioned on This Page
Monkey
Erica Zern
Cities Market
Grigsby's Inc
University & Parkway
Sylvan Bartlett, M.D
P.A
Diplomat
American Board of Plastic & Reconstructive Surgery
Permian Plastic and Reconstructive Surgical Center
Central Odessa
Texas
Triple “H
Airport
Highway 80
Midland
Odessa
Solarius
Wilkes
Dearborn
South Seas Spas
Enther Ach Spa
South Sea Spa
Pools & Spas
E. Hwy
Fort Stockton
N. Main
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