Not blue about economy says Gerald Loeb in interview
San Francisco broker Gerald M. Loeb says the economy will mend in a year or two, remains optimistic about long term prospects, and calls for increased domestic energy production, higher interest rates, and productivity gains. He dismisses broad forecasts, cites dollar stabilization, and downplays fears of foreign takeovers.
MENTIONED IN THIS ARTICLE
Duston Harvey San Francisco
UPI
Gerald M. Loeb
F.F. Hutton & Co
Loeb
San Francisco
United States
U.S
Alaska
Understanding Municipal Bonds Four Categories for Investors
Municipal bonds divide into four categories including Housing Authority bonds and General Obligation bonds. For buyers like T.S. in Pensacola, Fla, brokers’ lists may use abbreviations such as H.A. Ltd. G.O. or REV indicating housing authority issues and general obligation or revenue bonds.
MENTIONED IN THIS ARTICLE
H.A., Ltd
G.O
H.A
Housing Authority
Types of bonds explained including revenue and general obligation
The article explains bond types such as REV revenue bonds backed by project income and US government credit, LTD limited obligations partially secured by taxes, and GO bonds backed by municipal credit. It notes interest rates 3 to 6 percent and mentions utilities and infrastructure as common revenue sources. It also includes a reader question about estate planning and a strong recommendation for The Complete Estate Planning Guide by Robert Brosterman.
MENTIONED IN THIS ARTICLE
United State Public Housing Authority
United States
California
R. W
Indianapolis
Indiana
Robert Brosterman
Business Briefs Highlights Scottsdale Doubletree move and regional growth
Richard L. Golding named general manager of the Doubletree Inn of Scottsdale after a career in Tucson Phoenix and restaurant management. McCrocklin to build Big Surf ice arena with Big Skate project. Rocz named public relations director at Patton Agency. Airlines will add terminal space at Phoenix Sky Harbor. Otto Frank named Arizona Consul of Germany. Media Horizons expands with KROD El Paso and KDEF Albuquerque purchase. Sperry notes Pond resignation. Kuntz to handle international sales. Parrish promoted at First National Bank of Arizona. Broadway-Hale reports 16 percent sales and 21 percent profits rise. Doctors Friedman Tanz and Greenblatt announce publication. Tektronix relocates Valley sales office near Sky Harbor. Bennett retires from Bennett Luke Teawell Advertising after 35 years.
MENTIONED IN THIS ARTICLE
Richard L. Golding
Doubletree Inn
Scottsdale
Albany
New York
Golding
Arizona
Cornell University
Ft. Huachuca
Dean Short's Restaurants, Inc
Tucson
Doubletree Inc
Phoenix
Frank
Germany
Nuremberg
The
Valley Bank
International Department
Robert C. Kelso
Tektronix , Inc
Valley
Cabot, Cabot
Forbes
Sky Harbor International Airport
Rhea W. Bennett
Bennett, Luke & Teawell Advertising, Inc
Phoenix Advertising
Bennett
Rhea Bennett
New Mexico
California
Texas
Scripps-Howard
Dallas Times-Herald
Sense in banking advice from the American Bankers Association
The ABA warns against leaving cash, checks, and valuables on service counters and to count money away from the teller before leaving. Do not leave unattended packages or wallets after withdrawals. Banks report over 1,150 banks offer bank credit cards with more than $5 billion in outstanding retail purchases and cash advances.
MENTIONED IN THIS ARTICLE
American Bankers Association
ABA
Arizona Christmas tree research aims to grow local industry
Dr. Robert F. Wagle of the University of Arizona leads a long term study on growing Scotch pines and other species to replace imported Christmas trees. He notes Arizona spends 2 to 3 million dollars annually on trees from Oregon, Washington, Montana, Michigan, and Vermont. He argues locally grown trees could boost the economy while beautifying and ecologically benefiting the state.
MENTIONED IN THIS ARTICLE
Arizona
Robert F. Wagle
University of Arizona
UA Agricultural Experiment Station
Wagle
Oregon
Washington
Montana
Michigan
Vermont
UA College of Agriculture
Also Mentioned on This Page
Economist
Wall Street
Judith G. Rhoades
T.S
Pensacola
Fla
Scottsdale Daily Progress
Bob McCrocklin
McCrocklin and Co., Inc
Big Surf
Big Skate
M. Edwin Merrel
William R. Rocz
Patton Agency
Rocz
Patton
Combined Communications Corp
American Airlines
Continental Airlines
Western Airlines
Phoenix Sky Harbor International Airport
Otto Frank
Valley National Bank
International
Los Angeles
VNB
Valley Center
N. Central Ave
Media Horizons, Inc
Kmeo Am-Fm
Krod-Am
el Paso
Kdef-Am-Fm
Albuquerque
N.M
Doubleday Broadcasting Company, Inc
Kenneth Cowan
Media Horisons
Sperry
Larry Pond
Walter P. Stewart
Stewart
Robert Kuntz
Donald L. Parrish
First National Bank of Arizona
82Nd Place
East McDowell
Bank
Parrish
BankAmericaid Credit
Tempe
Broadway-Hale Stores, Inc
Edward W. Carter
David Friedman
Harvey Tanz
David Greenblatt
Summit Chiropractic Center
Parker Chiropractic Research Foundation of
Fort Worth
Foundation
John H. Rangolone
NEW York Life Insurance CO
Camelback Rd
Progress
Earll
Eldon Drapery Cleaners
Belleview
G ¢ Stationers & Gifts, Inc
N. Scottsdale Rd
Shea Blvd
Scottsdale Stationers
First Ave
Pima Plaza
Golden Heritage Homes
Heritage Hills
Hall Street
McDowali
Camelback
Golden Heritage
Cowellenes
McDonald
44Th ST
Tatum Blvd