Renegotiable rate mortgages step for homebuyers
Federal regulators approve renegotiable rate mortgages RRMs to shield buyers from long term high rates. Rates can adjust every three to five years with caps of five points up or down. Board aims to spur mortgage money amid S&L earnings strain and offers $4 billion in below market loans to struggling thrifts.
MENTIONED IN THIS ARTICLE
Washington
Federal Home Loan Bank Board
S&ls
Jay Janis
S&l
New Era
Sargent
Anser
Judge won't stop mill closings in Mahoning Valley case
U.S. District Judge Thomas Lambros refused to halt two U.S. Steel mills in Youngstown that employ about 3,500 workers. He said the law limits his power while noting the economic impact on the Mahoning Valley. A 60 day window to seek a buyer or funds remains May 20. Ohio AG plans antitrust complaint supporting the steelworkers.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
U.S
Thomas Lambros
Youngstown
Mahoning Valley
Lambros
MacDonald Works
U.S. Steel
6Th Circuit Court of Appeals
Cincinnati
Staughton Lynch
US. Steel
Lynd
Ohio Attorney General’s Office
Gas control mechanism inspection for safe operating conditions
Grace Fernandez inspects a precisely machined gas mechanism intended for control systems that ensure safe operating conditions amid rising demand for gas controls. The scene highlights meticulous engineering work and safety considerations in gas control technology.
MENTIONED IN THIS ARTICLE
Grace Fernandez
Greeting cards boom amid looming economy profits rise
Cleveland AP reports greeting card maker American Greetings Corp posts a fiscal year earnings high of 25.6 million dollars up 12 percent from 1979 with 1.88 dollars per share and fourth quarter 7 million dollars. Columbus AP lists Ohio grain prices by region after Thursday trading.
MENTIONED IN THIS ARTICLE
Cleveland
Irving I. Stone
American Greetings Corp
Stone
Merry Weiss
American Greetings
Columbus
API
Ohio
Twelve to one hundred dollars and a young investor
A fourteen year old seeks guidance on starting with about 100 dollars to invest. The advised path notes brokerage fees and requires an adult to open an account. It mentions considering a no load fund with a strong record of capital gains, a diversified stock portfolio focusing on energy, and low expenses.
MENTIONED IN THIS ARTICLE
David R. Sargent
A.K
California
Rela
Y— I
A.D
New Era
Investment guide cites General Cinema and dividend reinvest plans
The piece discusses a stock suitable for a minor custodian, General Cinema, trading under $20 with a free dividend reinvestment plan and a 68 cent annual dividend. It notes the firm’s theatre chain, Pepsi bottling, Sunkist license, and projected earnings around $3.15 per share for the year ending next October 31, alongside related corporate data and a Chestnut Hill request address.
MENTIONED IN THIS ARTICLE
Tive
General Cinema
New York Stock Exchange
Pepsi-Cola
Sunkist Orange
Boylston Street
Chestnut Hill
Fisher Foods extends 30 day price freeze nationwide
Fisher Foods Inc proclaims a 30 day extension of its price freeze on 700 Heritage House non perishable items. Chairman Carl Fazio announced after a Washington briefing with President Carter that the freeze continues in 145 Fazio’s Ohio stores and Dominick’s Finer Foods in Chicago.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Fisher Foods Inc
Carl Fazio
Carter
Washington
Fazio
Ohio
Dominick
Finer Foods
Chicago
Fisher
Fisher Foods
Market stalls after silver collapse and rate spike
New York stock market failed to rally amid silver market collapse and 20 percent prime rate. Trading slowed by Passover and Good Friday as Hunts crisis fuels uncertainty. Dow rose to 784.13, NYSE index up to 57.95, S P 500 at 102.15 amid heavy volume and signals of recession risk.
MENTIONED IN THIS ARTICLE
New York
UPI
Hunt Family
Fiagco
New York City
Standard & Poor
Also Mentioned on This Page
By Glenn Bitt
Honeywell
Gardena
Calif
Northeast Ohio
Northwest
Central
the Chronicle Telegram
Robert Penick
Weiter
OS Angeles Times Syndicate
York Eit
USDA
Exchange
Nelson Bunker
W. Herbert Hunt
Dallas
Beaufort Sea
Canada
Englehard
Securities and Exchange Commission
The
NYSE
Bache Group
OUR
Harold Rorick Insurance CO
Second ST. Elyria
Elyria
Larain
Business Builder
Sosa
Star Building System
Star Builders, Inc
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!