Labor outlook bright for southern Illinois coal gasification trend
Dominick Gentile, business manager for Plumbers and Pipefitters Local 160 in Murphysboro, sees vast pipework as a sign of jobs if coal gasification plants are built in southern Illinois. DOE weighs a facility near Cutler, while Southern Illinois Inc. expects spring groundbreaking on a privately funded project, and Texas Eastern Corp. eyes the region. Unemployment in the union stands around 10 percent, with potential rise to 40 percent in early 1980.
MENTIONED IN THIS ARTICLE
Gentile
Murphysboro
Southern Illinois
Department of Energy
Cutler
Perry County
Southern Illinois Inc
Texas Eastern Corp
Egyptian Council of Carpenters
Arthur Vincent
Carpenters
Vincent
International Union of Operating Engineers
Dale Choate
Union
Construction outlook for Southern Illinois labor in 1980
Union leaders anticipate a busy 1980 driven by highway programs and large contracts. Carpenters fear high mortgage rates will curb residential building, while operating engineers and laborers expect gains from $30 million in road work and wage demands above inflation. IBEW contracts cover 260 to 450 workers locally. Inflation at 13 percent remains a concern for wage negotiations.
MENTIONED IN THIS ARTICLE
Southern Illinois Builders Association
Et Anna
Energy Conservation
P.G. Princas & Assoc
Wiggins Associates
Carrier Mill Jr
Lee Potter Smith
Carterville
Fnc. R.A. Wack & Assoc
Carbondale Princas & Associates
E.M. Webb & Assoc
Carbondale
Davies Gym
Fischer-Stein Associates
Prineas & Assoc
Prineas & Associates
Drury Creek
EM. Webb & Assoc
Chester
General Telephone Co
Illinois
McLaughlin & Associates
U.S. Postal Service
Coulterville
Tency, Meisenheimer & Gentle
Creal Spring
R.A. Wack & Assoc
de Soto Telephone
Addition
Dongola
Dowell J.T
Kaskaskia Island
Corps of Engineers
Kaskaskia River Canal
McLeansboro
Marion
Lovelace & Assoc
Murphysboro
Fischer-Stein Assoc
J.T. Blankinship & Assoc
Oiney Repair
Charleston Engineering
the Pyle Co
Choate
Southern Illinois
Teamsters
International Brotherhood of Electrical Workers
Ibew West Frankfort
J. Harvey Fryer
Central Illinois Public Service Co
American Line Builders Association
Laborers Union
IBEW
Fryer
Leeway sought in mortgage rates by lenders and buyers
The Federal Home Loan Bank Board will propose broader latitude for variable rate mortgages to strengthen savings and loan finances and shield buyers from high long term rates. The plan raises the rate rise cap from 22 to about 25 points, mandating renegotiations every three to five years and allowing 1.5 to 2.5 point changes at renewals. Critics warn it could push up costs for consumers and favor lenders, while supporters see improved funding matching and market stability.
MENTIONED IN THIS ARTICLE
Clyde H. Farnsworth
New York Times
Washington
Savings and Loan Associations
Federal Home Loan Bank Board
Savings and Loan
Home Loan Bank Board
United States League of Savings Associations
Trade Association For the Savings and Loan Institutions
James A. Hollensteiner
Lenders’ Trade Association
Jay Janis
Florida
Wards to Charge Fixed Delivery Fees Nationwide Test
Montgomery Ward & Co will start fixed home delivery charges on Jan 2 in Chicago Kansas City and Oakland San Francisco as a test replacing variable rates. A $20 fee applies to orders under 100 and $10 for items over 100. If adopted nationwide it could cut gasoline use by about 500000 gallons annually.
MENTIONED IN THIS ARTICLE
Chicago
Montgomery Ward & Co
Kansas City
Oakland-San Francisco
Burke Gelling
Gelling
Wards
Also Mentioned on This Page
Ed Bean
Dominick
Mimi
Business News
Laborers District Council
Carl Moore
Moore
Illinois Highway Department
Southern Illinois District 9
Stephen J. Allen
Ain
Carter Administration
Bleyer Lane
Carbondale, Ill
Old Gospel Shop
ED Greer
Pinckneyville
Suzanne Bookstayer
Alyce Taucher
Iit
Bs Jer
Toa
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!