Federal Reserve cuts growth target in confusing move
The Fed lowers long term money supply growth in a bid to curb inflation, drawing questions from bankers like John Wright who argue savings drive capital formation and that high mortgage rates undermine homebuilding. Wright links policy to weak investment and persistent unemployment, urging promotion of personal savings to spur job growth.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Fed
John Wright
Wright Bankers’ Service
Wright
U.S
Evitt Joins Bayliss Firm In Winchester Virginia
E Anne Evitt newly licensed real estate sales associate in Virginia has joined E. Anne Evitt at E E Bayliss Jr realty. Evitt, Strasburg native residing in Winchester, active in church and civic groups, studies at Lord Fairfax Community College and serves on local historical and chamber boards. Evitt also resident manager of Abrams Delight with husband William M Evitt. O Sullivan Corp declares five for four stock split and quarterly dividend. Rand Supply Company to be sold to Distribution Enterprises Inc pending IRS approval. Raub to retain management.
MENTIONED IN THIS ARTICLE
Evitt
Bayliss
E.E. Bayliss, Jr
E. Anne Evitt
Virginia
Strasburg
Winchester
William M
Bill) Evitt
Winchester-Frederick County
Donald H. Neale
Harris Composition Systems
Harris Corp
William L. Walther
Shenandoah College
Mount Saint Mary’s College
Betty
Ronald I. Good
Ron
James Wood High School
Good
Judith
David A. Gordon
Dave
JoAnn
O'Sullivan
O'Sullivan Corp
Kepone Contamination Shifts Chesapeake Bay Seafood Image
Norfolk and Virginia Beach eateries report Kepone in Bay fish dents trust. Ads trumpet seafood sourced from places far from Kepone waters. Restaurants note few local menus feature bay fish while tourists seek assurances of safety and origin.
MENTIONED IN THIS ARTICLE
Norfolk, Va
Chesapeake Bay Seafood
Bay
Virginia Beach
Canada
Norfolk
Tidewater
Kepone
Chesapeake Bay
Savings Account Charges Stir Debate At Local Banks
Washington bank AS&T faced scrutiny for proposing savings charges tied to low balances and multiple withdrawals. Winchester bank leaders say rising costs justify new fees, while observers doubt regulators will approve the plan and warn it may provoke customer backlash.
MENTIONED IN THIS ARTICLE
Star
Washington, D.C
American Security & Trust Co
Washington, D. C
The
Washington Post
As&t
H. Robert Edwards
Winchester
Commercial and Savings Bank
Wilbur Feltner
Farmers and Merchants Bank
Feltner
Congress
Edwards
Also Mentioned on This Page
Arthur Burns
House Banking Committee
Trav
Barclay's Bank
Evening Star
Harris
Rand Supply
Raub Supply Company
Distribution Enterprises, Inc
George Hartman, Jr
Raub
IRS
Hartman
Lancaster
Walther
Gool
Gordon
One Seafood Market
the Post
Thedustry
C&s
Carole Fabrics
Carolyn Knight
Valley Avenue
J.W. Arthur, Inc
E. Boscawen St
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