Industry faces doubts on saving the economy in new rules
Regulators raised passbook and certificate access while dropping minimum deposit rules but advocates seek a tax incentive to boost personal saving, home sales, and bank stability. They warn future rate freedom may lift mortgage costs even as current changes modestly shift the savings and lending landscape.
MENTIONED IN THIS ARTICLE
Old Dominion Savings and Loan Association
Robert B. Dale Jr
Old Dominion
U.S. Treasury
U.S. Department of the Treasury
Bank of Virginia
Frederick Deane Jr
Treasury Department
Deane
Savings Reg Reg Changes: Tax Incentive Is Next Goal
The economy rests on a hoped rise in corporate spending on plant and equipment to cushion a softening economy. Analysts caution that energy uncertainty and weak retail sales stifle willingness to invest, with experts like William Wolman and Alexander Blanton urging realism over optimism.
MENTIONED IN THIS ARTICLE
New York
William Wolman
Business Week
Mary Hartman Joins J V Arthur Realtors as Associate
Mary D. Hartman now associated with J. V. Arthur Inc Realtors as a Realtor Associate. licensed since 1978, former Huntsberry Realty, member of Blue Ridge and Virginia realty groups, former Washington DC resident, educated at Academy of the Holy Cross and Temple School of Business, pursuing GRI. Resides with husband Alan and daughter Christine.
MENTIONED IN THIS ARTICLE
J. V. Arthur, Inc
J. V Arthur, Inc. Realtors
Mary D. Hartman
Mrs. Hartman
Huntsberry Realty Company
Blue Ridge Board of Realtors
Blue Ridge Multiple Listing Service
Virginia Association of Realtors
National Association of Realtors
Hartman
Washington, DC
Academy of the Holy Cross
Silver Springs
Temple School of Business
Bethesda
Virginia Realtors Institute
GRI
Greystone Terrace
Alan
Christine
Signs Announcement of Design Drafting Services
Local firm advertises drafting rendering and design services for signs and camera ready art. They offer conceptual layouts input for storefronts banners and vehicle graphics with quick turnaround and on site consultation.
Virginia Beach Woman Receives Early Susan B Anthony Dollars
Twenty of the new Susan B Anthony dollars were handed to Sheila Cohen in Virginia Beach ahead of the official release. A bank teller gave her 20 coins meant for July distribution, prompting embarrassment and a cautious stash in a safe deposit box until the July 2 release date.
MENTIONED IN THIS ARTICLE
Virginia Beach
Susan B. Anthony
Sheila Cohen
Virginia National Bank
OPEC Ministers Gather in Geneva for Price Rise Aim
OPEC members meet in Geneva to consider raising the base crude price to at least 18 dollars a barrel from 14.55, a move that could lift US gasoline and heating oil prices.Saudi Arabia hints the new base around 18 dollars may be acceptable, while Iran and militant members threaten possible resistance.
MENTIONED IN THIS ARTICLE
Geneva
Switzerland
Organization of Petroleum Exporting Countries
OPEC
United States
Saudi Arabia
Humberto Calderon-Berti
Venezuela
Calderon
Kuwait
Ali Khalifa Al-Sabah
Khalifa
Sheik Ahmed Zaki Yamani
Iran
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Wolman
Merrill Lynch
Alexander Blanton
Blanton
Bank of
Frederick County
Stephens City
First Virginia Banks, Inc
Fairfax County
Prnciple
First Virginia
Franklin H. Brumback
Bank of Frederick County
Thomas K. Malone Jr
Winchester
Metropolitan Life Insurance Company
Hagerstown
Jimmy R. Meadows
CLA
W. Boscawen St
Call Nicholas
Winchester Evening Star
Braddock and
Wolf Streets
Winchester, VA
Efeggett
Verisite
Loudoun St. Mall
Virginia
National Corporation
Pital
Rouss Avenue
Wilbur M. Feltner
P.O. Box
F & M National Corporation
Off Com
Ceer
Nemedemivetr Sa
M National Corporation
P.O