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Daily Archives: October 4, 1996

Lending initiatives for small firms set

The New York Business Development Corp.–Business New York has introduced two pilot loan initiatives to stimulate small-business lending across the state. The first program makes a total of $2.5 million available to companies located in economic-development zones.

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Kodak promotes McLaughlin

Eastman Kodak Co. has named Susan McLaughlin vice president and chief operating officer of Kodak Professional. Kodak Professional is the company’s second-largest business, serving professional photography, graphic arts and printing customers. McLaughlin previously worked as vice president, and president and ...

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Personal bankruptcies
increase dramatically

Personal bankruptcy filings in Western New York shot up dramatically over the past 12 months, says Judge Michael Kaplan, chief bankruptcy judge for the Western District. The Western District encompasses the Buffalo and Greater Rochester areas as well as parts ...

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Boillat named to Upstate Cellular post Ronald Boillat has been named president and chief operating officer of Frontier Cellular. He was selected by the board of Upstate Cellular Network, a joint venture of Frontier Corp. and Bell Atlantic Nynex Mobile ...

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Corrections & Amplifications

Gallina Development Corp. should have appeared on the Aug. 23 list of property management firms. With 850,000 square feet managed locally, the company would have placed 19th on the list. The Sept. 13 list of Internet access providers contained an ...

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Credit card rates

INTEREST ANNUAL INSTITUTION CARD RATE CHARGE Bank of Castile MasterCard 16.32 $15 Visa 16.32 $15 Xerox Fed. C.U. Visa 14.40 $25 WCTA C.U. Visa 9.90V $12 M&T Bank Visa 13.50 $40 Wegmans Fed. C.U. Visa 14.90 $0 F-fixed V-variable C-customer ...

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Savings rates and yields

The money market deposit account rates and yields and the certificate of deposit yields were effective as of 9/30/96. Rates may change daily. They’re based on the smallest opening deposit allowed. Annual yield on CDs indicates the effect of how ...

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Unsecured Personal and Home Improvement Loans and Auto Loans

Personal loan rates are for a $5,000, two-year loan. Home improvement rates are for a $7,500, five-year loan. Auto loan rates are the fixed rates available with a 10 percent down payment, and the variable rates offered by each insti- ...

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National interest rate index

SHORT-TERM INTEREST RATES 9/30/96 (%) 9/23/96 (%) Net change Prime rate 8.25 8.25 NC Federal Funds rate 5.88 5.31 0.57 Three-month Treasury bills 5.01 5.28 -0.27 One-year Treasury bills 5.67 5.86 -0.19 INTERMEDIATE-TERM INTEREST RATES Five-year Treasury notes 6.44 6.63 ...

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Economy Track

EMPLOYMENT -Total non-farm jobs (000) August 424.0 524.7 -19.2 421.5 0.6 -Construction August 19.0 18.5 2.7 18.8 1.1 -Finance, insurance, real estate August 23.7 23.8 -0.4 23.7 0.0 -Government August 69.1 70.4 -1.8 69.6 -0.7 -Manufacturing August 128.3 127.9 0.3 ...

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State Tax Warrants Satisfied

This information is obtained from the Monroe County Clerk’s Office. Rochester Jewelry Repair Inc. 1144 N. Clinton Ave., Rochester, N.Y. 14621 Amount: $6,657.56 Date satisfied: Sept. 25 Viau dba Country Angler 155 Elmcroft Road, Rochester, N.Y. 14609 Amount: $2,771.19 Date ...

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State Tax Warrants

This information is obtained from the Monroe County Clerk’s Office. KM Appliance & Installation Inc. 176 Kuhn Road, Rochester, N.Y. 14612 Amount: $56,874.19 M Four Enterprises Inc. t/a Merry Maids of Rochester 1350 Buffalo Road No. 12, Rochester, N.Y. 14624 ...

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State Labor Warrants Satisfied

This information is obtained from the Monroe County Clerk’s Office. Carl Grasta Development Inc. 202 Burrows St., Rochester, N.Y. 14606 Amount: $3,066.44 Date satisfied: Sept. 24 Your Gardening Angel Inc. 650 Thayer Road, Fairport, N.Y. 14450 Amount: $4,303.40 Date satisfied: ...

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State Labor Warrants

This information is obtained from the Monroe County Clerk’s Office. Vic and Irv Inc. 4880 Culver Road, Rochester, N.Y. 14622 Amount: $1,460.07 We’re Pretty Darn Quick Delivery dba PDQ Delivery P.O. Box 194, Rochester, N.Y. 14601 Amount: $14,183.22 Applied Finishing ...

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State/County Court
Judgments Satisfied

This information is obtained from the Monroe County Clerk’s Office. Stablegate Inc. 2235 Empire Blvd., Webster, N.Y. 14580 Amount: $17,515.52 Creditor: Rochester Gas and Electric Corp. Date satisfied: Sept. 26

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