HUD raises federal loan rate to 13.5 percent in latest hike
The federal interest rate ceiling on HUD insured and VA guaranteed single family loans rose to 13.5 percent effective today, the second increase in a month, with graduated payment loans rising to 13.75 percent. The move follows prior changes to 12.5 and 11.5 percent in recent months.
MENTIONED IN THIS ARTICLE
Department of Housing and Urban Development
HUD
Federal Housing Administration
Veterans Administration
Bottle law drives growth of New York recycling firms
The New York bottle deposit law spawns scores of new recycling ventures and partnerships as distributors, retailers, and scrap firms adapt. Empire Recycling forms Empire Returns Corp to handle deposits while others like Syracuse Materials Recovery and Golden Recycling set up centers and sorting operations, creating thousands of potential jobs and reshaping local recycling.
MENTIONED IN THIS ARTICLE
New York
State Food Merchants Association
Jeff Young
Empire Recycling Inc
Utica
Empire
Albert Muench
State Department of Environmental Conservation
Syracuse Materials Recovery Corp
Time Scrap Dealer
Syracuse
Rochester
Albany
Coors Beer
Dan L. Counter
Cheektowaga
Empire Recycling
Empire Returns Corp
Broome
John Edner
Martin Patterson
US China sign tentative textile quota pact in Geneva
A seven month deadlock ends as the United States and China sign a pact setting new export quotas on Chinese textiles and clothing to the United States. The agreement allows 2 to 4 percent annual growth in Chinese textile imports, covers about 35 product categories, and aims to restore normal trade relations while drawing criticism from U.S. textile leaders.
MENTIONED IN THIS ARTICLE
China
United States
America
U.S
Peter Murphy
Geneva
Switzerland
Murphy
New York Times
Kurt Barnard
Federation of Apparel Manufacturers
New York
Barnard
the Times
William Brock
Washington
Hong Kong
South Korea
Taiwan
Syracuse Supply reports brighter second quarter 1983
Syracuse Supply Co reports a pickup in sales and modest earnings growth for Q2 1983 over Q1. Sales reached 27.7 million with net income 114 thousand dollars, while profits remain below prior year, reflecting lagging overall economy but brighter orders in Construction Equipment and automated material handling.
MENTIONED IN THIS ARTICLE
Syracuse Supply Co
Stephen J. Suhawatsky
Suhawatsky
Syracuse
Suhowatsky
Interchange 39
Syracuse Supply
Tennis proves affordable entry for budget buyers
A growing tennis trend offers cost conscious players a complete starter outfit for under 75 dollars. With 20 million U S fans and about 200 000 courts, beginners can join a boom that grew in the 1970s but now leaves more court time for new players.
MENTIONED IN THIS ARTICLE
United States
U.S
Tennis Association
Choosing the Right Racket and Gear for You
Local dealers guide buyers through a shift from wood and metal to high tech synthetics. Kevlar boron and graphite create lighter durable rackets with better vibration dampening and heat resistance. Prices run 100 to 150 with larger head shapes boosting hitting area for beginners to advanced players.
MENTIONED IN THIS ARTICLE
Mrik Kidsino
Kaersel Tne
Boston
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USDA
Crop Reporting Board
Century Housewares Inc
Buffalo
Orchard Park
2Nd Choice
FGI
Charles Pederson
Fiber Glass Industries Inc
Amsterdam
FGI Fibers Inc
Pederson
Fiber Glass
Peterson
Central Hudson Gas & Electric Corp
Sodus Firm
Marine Sales Inc
Wayne County
Sodus Point
Labor Department
Treasury
By Steve Geimann
UPI
Binghamton
New York City
Golden Recycling Co
Colorado
Coors Brewing Inc
Western New York Beverage Industry Collection and Sorting Ltd
So By
Carl J. Single
Ton
Eanle
By Sylvia Porter