Lincoln First Bank Unveils Buy-Down Mortgage Plan
Lincoln First Bank launches a buy-down mortgage program to help buyers qualify by making a one-time payment that lowers first year payments on a 30 year loan. The plan, explained by L B Cusack, expands buy-down use to individuals and new area arrivals, with gradual payment increases to normal levels by year four.
MENTIONED IN THIS ARTICLE
Joseph A. Porcello
Lincoln First Bank Today
L. B. Cusack
Lincoln First
Lincoln’s
Marine Midland
Lincoln
Cusack
Dollar strengthens despite cut in U.S. rate and global rate shifts
The dollar rose against major currencies after the Fed cut the discount rate to 10 percent. Dealers cited European rate cuts offsetting the U.S. move. The yen closed at 254.15, the pound at 1.7543, and several currencies including West German marks and Swiss francs rose. Dow Jones weighs Dow components due to Manville’s bankruptcy filing while GE delays a 1.5 billion plastics plant as demand improves.
MENTIONED IN THIS ARTICLE
U.S
Federal Reserve
Tokyo
Europe
Geddes S and L Cuts Home Loan Rate to 15 Percent
Geddes Savings & Loan Association trims residential mortgage rate from 16 4 percent to 15 percent to spur the Central New York tie industry. Nelson Hatch says the board acted to stimulate local lending as other lenders also lower rates. Earlier cuts include Onondaga Savings Syracuse Savings Lincoln First Manufacturers Hanover and Marine Midland Bank.
MENTIONED IN THIS ARTICLE
Geddes Savings & Loan Association Today
Nelson Hatch
Geddes S&l
Newar
Geddes
Onondaga Savings
Syracuse Savings
Lincoln First
Manufacturers Hanover
Marine Midland Bank
Key Bank expands with Russell to boost trust services
Key Trust Co to broaden offerings across New York and Florida by partnering with Frank Russell Investment Management Co. The multi manager approach aims to smooth market volatility and lift returns. Expansion targets Western New York Southern Tier Long Island and a pending Orlando trust bank application.
MENTIONED IN THIS ARTICLE
Key Trust Co
New York State
Florida
James O’k. Cornwell Jr
Key Bank
Key Trust
Frank Russell Investment Management Co
Tacoma
Russell
Conwell
New York
Southern Tier
Long Island
Orlando
Fla
Atlas Fence opens new headquarters and showroom
Atlas Fence Co. has begun building a 7,200 square foot metal facility at 6852 Manlius Center Rd financed by Key Bank of Central New York. The new site will house offices, showroom, and stock, with staff rising to 20 after move in December from Butternut Drive DeWitt. The expansion aims to broaden services for industrial commercial customers and do it yourself homeowners.
MENTIONED IN THIS ARTICLE
John Czebiniak
Atlas Fence Co
James Crimmer
Key Bank of Central New York
Manlius Center Road
Manlius Center Rd
Emer
Key Bank of Central New
Butternut Drive
DeWitt
Czebiniak
Fencing and Outdoor Furniture Company
Europe Gold Prices Jump As COMEX Mixed Signals
Gold prices surge to over 425 an ounce in London the highest in nine months with a $75 rise since August. Zurich quotes around 421.25 and Hong Kong closed at 420.76 as New York settled at 427.30 per ounce. Silver climbs to 8.435 in London while Handy & Harman notes 416.50 in New York.
MENTIONED IN THIS ARTICLE
Associated Press
London
Zurich
Hong Kong
New York Commodity Exchange
Handy & Harman
New York
Agway Lands 10.3 Million Oil Contract
Agway Petroleum Co has been awarded a 10.358 million contract by the U S Defense Logistics Agency for 10 124 820 gallons of fuel oil to support military federal and civilian agencies including the Coast Guard Postal Service and Veterans Administration The fuel will be used at locations in New York Pennsylvania and New Jersey Agway Petroleum a subsidiary of Agway Inc serves the Northeast with fuel oil and gasoline through dealers and oversees more than 120 000 members in agriculture and related businesses.
MENTIONED IN THIS ARTICLE
Agway Petroleum Co
U.S. Defense Logist Agency
U.S
Phonse Amato
Coast Guard
Postal Service
Veterans Administration
Agway Petroleum
Agway Inc
Gasohol reborn as super unleaded with octane boost
Gasohol sales surge after marketers drop the name and push its octane enhancement. Industry officials say the 90/10 blend of gasoline and corn ethanol now competes with leaded fuels, aided by tax breaks and EPA lead-reduction proposals. Texaco and Ashland expand production as marketing shifts away from gasohol branding.
MENTIONED IN THIS ARTICLE
ED Petykiewicz
Newhouse
Washington
Renewable Fuels Association
United States
Environmental Protection Agency
Hallberg
Texaco Inc
Ashland Oil Inc
Burt McGinnis
Ashland
Texaco
Corn Belt
Also Mentioned on This Page
Lincoln Bank
Massey-Ferguson
Esmark
J.P. Stevens & Co
Dow Jones
Manville Corp
Manville’s
General Electric Co
Alabama River
International Business Machines
Xerox
J.C. Penney
General Motors
American Telephone & Telegraph
United Airlines
Atlas Fence Firm
York
Chrysler
Chrysler Corp
Fly Road
Syracuse
Cavalry Chrysler-Plymouth
Donoghue Chrysler-Plymouth
Donoghue Dodge Corp
Fayetteville Dodge
Northway Chrysler-Plymouth
Sam Dell Dodge Corp
Val’s Motors
AGWAY
Ene
Riz
Aeot
Gasohol
David Hallberg
Presi
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!