Forecasted mortgage drop sparks construction boost and jobs
A government official predicts home loan rates will fall to 11 percent by year end, signaling new housing and job growth for millions left unemployed. Japan’s automakers plan price hikes and U.S. subsidiaries as GM and AMC report multi-million losses, while tax and trade debates shape policy.
MENTIONED IN THIS ARTICLE
Japan
U.S
Tokyo
Nissan Motor Co
Washington
Jay Janis
Federal Home Loan Bank Board
Chase Manhattan Bank
Percy urges readers to read on gas lines as energy plan undercuts
Sen Charles Percy criticizes the DOE gasoline allocation program as weak and urges motorists to keep a good book in the car. He warns the plan offers little defense against future oil imports disruption and stresses planning and emergency management are DOE's key duties. Hazel Rollins concedes shortages could occur despite stock gains and calls for preparedness. AMOCO's L D Thomas pushes deregulation and strategic reserve, warning of Middle East instability and a high import bill.
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Washington
UPI
Charles Percy
Percy
Senate
Department of Energy
Ilinois
DOE
Ms. Rollins
L.D. Thomas
AMOCO
OPEC
Saudi Arabia
Middle East
Thomas
United States
Former bandit turns theft consultant and adviser to 7 Eleven
Ray Johnson, once a prolific thief who cracked safes and robbed restaurants, now ages 53, works as a theft consultant for 7 Eleven. He describes his past as a jailbird turned behavioral scientist and explains how the Ty Dell safe limits cash per visit. Johnson says robberies have declined since the system's rollout and cites FBI crime trends to frame his work.
MENTIONED IN THIS ARTICLE
Cherry Hill
N. J
Ray Johnson
California
Johnson
Southland
Southern
The male food shopper emerges in ads study
A Cunningham & Walsh commissioned study shows 18 percent of husbands are impulse buyers while 56 percent help with major grocery purchases and 32 percent shop three or more times weekly. It notes men are often price conscious and participate in cooking and other chores as working wives increase household duties.
MENTIONED IN THIS ARTICLE
Cunningham & Walsh
Reading
Milady
Jerome E Ohlsten
Ohlsten
CAW
Home Testing Institute
Miss Quality Linda Mueller Crowned 1980 Harshaw Figure
Linda Mueller of Elyria selected as Miss Quality for 1980 by Harshaw Chemical Co. She will appear on posters meet employees and present awards. An Elyria High School graduate, she was 1976 Miss Teen Queen U. 8 and Miss Ohio Teenager among other pageant titles.
MENTIONED IN THIS ARTICLE
Linda Mueller
Elyria
Harshaw Chemical Co
Pension funds hindered by slow big players
New York money manager Martin D. Sass criticizes large banks and insurance firms for dragging pension fund performance. He notes inflation erodes benefits, calls indexing unavailable for private plans, and cites a 3.6 percent stock return versus 6.4 percent on Treasuries. Sass touts smaller firms like his MD Sass Investors Services for better gains.
MENTIONED IN THIS ARTICLE
New York
UPI
Martin D. Sass
Sass
Hay Huggins Actuarial and Counseling Organization
Congress
Hay Huggins
Treasury
Callan Associates Data Bank of
San Francisco
M.D. Sass Investors Services
Market prices move lower in Northeast Ohio report
Prices for grains and other commodities fall in Northeast Ohio listings. Wheat shows mixed quotes with No 3 and No 2 grades around several dollars, while corn soybeans and oats post varied losses. Metal and petroleum figures appear with uncertain units, and poultry prices at local farms are sparsely noted.
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U. S
Robert MacKay
United Press International
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Hazel Rollins
Economic Regulatory Administration
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Dow
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Ewart Rouse
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Star Building System
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the Chronicle Telegram
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Northwest Ohio
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Eh Hechinger Co
Ind
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WienDr
Ce Midland Glass
Ty — Myers
Newmont Mining
Pree R Norton Co
Pepsico Inc
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LC. Tochett
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Cite Corp Woodworth
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