Cloud on horizon worries housing industry insiders
AP analysis notes rising mortgage rates threaten savings institutions limited by yield rules. Disintermediation could curb mortgage lending, slowing housing costs. Yet experts say the cloud may grow slowly, with sunny conditions prevailing for now.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York (Ap
Savings and Loan People
San Francisco
Miami
Beach
John Hardin
United States League of Savings Associations
Savings and Loan Associations
Washington
First National Bank of Arizona Issues Visa Cards
First National Bank of Arizona begins issuing its first VISA cards this month to replace BankAmericard cards with Nov 30 expirations. Arizona merchants should accept First National VISA cards starting Dec 1. The program preserves most BankAmericard features except check guarantee. The Guardian Card will guarantee FNBA checks and valid BankAmericards remain honored as check guarantees until the reissue period ends.
MENTIONED IN THIS ARTICLE
First National Bank of Arizona
BankAmericard
Arizona
First National Visa
First National
Stocks edge higher as week ends with gains on NYSE
The 2 p.m. Dow Jones at 835.85 rose 3.99 as gainers outpaced losers 3 to 2. NYSE volume reached 16.12 million shares while the Fed reported a 2.4 billion rise in money supply. Analysts saw no immediate Fed tightening and noted a higher third quarter growth estimate. The NYSE composite index rose .12 to 92.92 and the AMEX market value index climbed .79 to 119.66.
MENTIONED IN THIS ARTICLE
Federal Reserve
American Stock Exchange
Solar Energy Industry Sets National Session in Phoenix
The Solar Energy Industries Association will host a national workshop at Phoenix Civic Plaza February 4 to 8 with an exhibition of solar heating and cooling products. The event, aided by the Arizona Solar Energy Research Commission, will include a three day standards review for solar collector ratings and labeling to aid consumer comparisons. The conference is described as one of the largest solar trade expositions in the nation with more than 100 manufacturers expected to exhibit.
MENTIONED IN THIS ARTICLE
Phoenix Civic Plaza
Solar Energy Industries Association
Arizona Solar Energy Research Commission
SEIA
Barter talk by National Businessman's Association in Scottsdale
The National Businessman's Association will sponsor a public lecture titled Barter In A Sophisticated Society at noon Tuesday in the Safari Hotel Scottsdale. L David Fox president and founder will explain using barter to boost sales while conserving cash. A no host luncheon buffet starts at noon for 3.75 in the Kudu Room.
MENTIONED IN THIS ARTICLE
National Businessman’s Association
Safari Hotel
Scottsdale
L. David Fox
Fox
Also Mentioned on This Page
Business Mirror
VISA
EPA
Coll
Bill Clark
Buick
E. McDowell Rd
North American Coin & Currency, Ltd
South Africa
Carter
President Carter
Germany
North American Coin & Currency
Washington Street
First National Bank
Phoenix
Sun City
del Webb
W. Claradon
Pizarro Rm
Sir George's Royal Buffet
107Th Ave
Scottsdale Hilton
Sonora Rm A
N. Scottsdale Rd
Scottsdale (Az
Daily Progress
New York
Fed
NYSE
Mobile Home Investors
Casa Grande
Solar Energy Industry
Solar
Solar Industries Association
Connecticut Ave
Washington, D.C
Rolls-Royce
Rolls-Royce Motors Inc
Switzerland
East McDowell Road
A Living Trust
Ees
COLO
Colatla Ee
Northern Trust Company of
Northern Trust Company of Chicago
James D. Bruner
East Camelback Road
The
Chicago
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