Greenspan calls 1996 a good year for U.S. economy
Fed Chair Alan Greenspan told the Senate Banking Committee that 1996 looks healthy with inflation kept in check as growth moderates in the second half. Markets rallied on expectations the Fed may delay rate hikes while trade deficits widen and the dollar strengthens amid uncertain near-term prospects.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Wall Street
Greenspan
Senate Banking Committee
Fed
David Jones
Aubrey G. Lanston & Co
U.S
Commerce Department
America
Canada
Mexico
Germany
China
Federal Reserve Board
Capitol Hill
Ford recalls nearly 100000 1996 vehicles in Michigan
Ford Motor Co recalls about 99,700 1996 Taurus and Sable sedans and Windstar minivans for a transmission problem that could leave cars in neutral when parked. Also recalls 7,125 1995 Villager minivans for a third row bench seat issue. No injuries reported. Ford to notify 2,825 1996 Probe coupes over sun visor warning accuracy.
MENTIONED IN THIS ARTICLE
Dearborn
Mich
Ford Motor Co
Ford
Canada
oFas
Sensaoue
Mortgage rates fall to 8.23 percent this week
Washington AP report says thirty year fixed rate mortgages averaged 8.23 percent this week, down from 8.42 percent last week, marking the lowest level since July 3 when rates were 8.14 percent. The national survey is released by the Federal Home Loan Mortgage Corp.
MENTIONED IN THIS ARTICLE
Japan
Greenspan
Federal Open Market Committee
Washington
Federal Home Loan Mortgage Corp
Ae HreDeo
NEW York AP
IBM
Akin Inv 4A
Aa Maean
KeroaEle
Aegon USA Securities, Inc
Ye Alstrina
Luxcot
The
Allied Corporation
Asultg
Ameritth
Sbve Seilfa Aes
Alttel
Cedar Fair
Cemerior
Cemerior 7% 1.80 S262 4Hie Ae Mirhisch
Ye Chrysier
ESA
Norwest
Ie Emerson
Va Englehard
FirstMerit
Chevron
General Motors
Cote We
Goodrich
Tns
Hanson
Phil. PharUps
Hills Dept
SiSad
Invacare
Tdi
Lear
Fiome Ys Mid-Am. Inc
Exxon
Ohio Edison
Tha Fe
aiMex
Ipierm Fa P.N.C. Corp
Parker Hannifin
GenEtsc
Royal Appliance General
Sherwin Williams
Smuckers/SJMA
Groentr & GlaxoWel
Sunrise Medical
Texas Utilities
Henz
Woolworth
F.W
Kowick
Xerox
Astesi
York International
Mortgage rates surge to near high for 1995
The week saw rates near the peak since early March 1995 when averages ran 862 percent. Lenders were asking higher on one year adjustable rate mortgages, signaling tighter borrowing conditions.
Livestock Auction Totals From Kidron Sale Report
Lorain County Farm Bureau Cooperative shows totals from the Kidron Auction with 1,897 head consigned and prices across hogs calves cattle sheep goats and dairy cattle. Grain prices at closing include wheat 4.12 soybeans 7.45 per bushel and corn 4.58 per bushel.
MENTIONED IN THIS ARTICLE
Kidron
Farma
Lorain County Farm Bureau Cooperative Association, Inc
Also Mentioned on This Page
Treasury
Bruce Steinberg
Merrill Lynch
New York
New York State Department of Correctional Services
Corcraft
Mark Solutions, Inc
Bloomfield, N.Y
Internet Ohio
Speel
Ziff-Davis Interactive
Boardwatch Magazine
Kidron Livestock
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