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The Boston Globe from Boston, Massachusetts • 317

Publication:
The Boston Globei
Location:
Boston, Massachusetts
Issue Date:
Page:
317
Extracted Article Text (OCR)

THE BOSTON SUNDAY GLOBE MAY 20, 1990 NH17 Who's what, where Gregg, others seek US help to relax N.E. bank regulations A We have businesses in New Hampshire that cannot grow or create new job opportunities due to the restrictive lending climate brought on in part by federal regulatory GOV. JUDD GREGG Academic Brian Goodhue and Michael Bol-duc, Exeter, selected New Hampshire's best automotive technology students by Plymouth Division of Chrysler Motors and New Hampshire American Automobile Association; Paula N. Adriance, North Sandwich, cited as 1990 Outstanding School Board Member of the Year by New Hampshire School Boards Association. Advertising public relations Denise B.

Champagne, account executive, O'Neil, Griffin Body. v. makes it harder for the region's economy to recover from the doldrums it is in. At the meetings, the governors will ask Clarke and Greenspan to reassure the banking community that it will not be penalized for issuing loans to good credit risks. The governors also will seek help getting more capital invested in the region.

"They know where the capital resources are," said Gregg. Gregg said he hopes Greenspan and Clarke will respond to the governors' plea, particularly since the two recently told banking industry executives to continue lending to credit-worthy customers. Gregg said Clarke also has agreed to speak with New Hampshire bankers and business leaders in Nashua on June 1. "We have businesses in New Hampshire that cannot grow or create new job opportunities due to the restrictive lending climate brought on in part by federal regulatory policy," Gregg said. "This is a critical concern which we are hopeful Mr.

Greenspan and Mr. Clarke can help us address." "There are problem banks in New Hampshire and New England. We all know that," said Gregg. But he added that federal regulators' strict response to problem banks made healthy banks fearful of being penalized if they aggressively extended credit. "It's caused lending to dry up," Gregg said.

"There's a perception there from the comptroller that lending is bad." Gregg said the lack of credit DR. JAMES A. CANFIELD ticipating provider network; Norman Sedgley, sales manager of the year, and Denlse King, sales representative of the year, Blue Cross and Blue Shield. Law Jonathan S. Springer and David M.

Schwartz, associates, Shaines and McEachern. Manufacturing Scott Kensey, national accounts manager, Pitco Frialator, Frank N. Haigh, sales and marketing director, IMD Frank H. Iosch, vice president, International Exports, US Electrical Division, Burndy Corp. Medical Peter Erickson and Dominic Ni- colo, child and adolescent psychiatric unit, Lake Shore Hospital; Dr.

Business briefs Bankingfinance Richard E. Pouliot, president, Kathleen Dickie, education vice president, Ronald R. Camirand, financial vice president, and Joyce A. Fillmore, marketing and communications vice president, New Hampshire Chapter of the Bank Administration Institute. Counseling Linda Lahti, certified crisis worker, Center for Life Management.

High technology Shirley Luebbers, software specialist, The Taylor Group. Insurance Brian Francis, marketing vice president, Combined Services Susan McNamee, Dr. Emory J. Kaplan and Dr. Steven R.

Rudman, par- ASSOCIATED PRESS ONCORD Gov. Judd, Gregg and other New England governors will meet tomorrow with fed eral banking regulators in Washington to enlist their help in loosening tight lending by the region's banks. Gregg said he and Govs. John McKernan of Maine and Michael Dukakis of Massachusetts will meet separately with Robert Clarke, comptroller of the currency, and Alan Greenspan, chairman of the Federal Reserve Board. Federal regulatory practices have contributed to New England's unhealthy economy by making banks fearful to lend to clients who previously were considered good risks, Gregg said.

Problems in other parts of the country, particularly the Southwest, prompted the regulators to clamp down on some banks, requiring them have more capital assets, which I meant fewer dollars for loans. Workshop planned on franchises The New Hampshire Small Business Development Center has planned a workshop on "What You Should Know before You Buy Any Franchise," for those thinking about owning their own business. The workshop will be held June 4, 6-10 p.m., at the Manchester campus of the University of New Hampshire. The session will focus on what franchising is about, the franchise selection process and the advantages and disadvantages of owning a franchise. For information, contact Liz Lisk or Michele Sweet, 625-4522.

Radio station alters call letters, format Meredith radio station WMRQ-FM has changed its call letters to WWSS-FM, its format to continuous sofr, music hits and is promoting itself as Sunny 101.5 FM. Gary Howard, president and general manager said, "For months, our research has shown a strong desire for a locally based, soft, contemporary station." The station is backing its new format with a summer-long campaign including prize giveaways. Sign center opens in Manchester Signs For All Reasons, an instant sign center, has opened in the Second Street Shoppes at Second Street and Queen City Avenue in Manchester. The firm has in-house production faculties to produce a range of signs and banners. "From low-cost paper laminated signs to heavy duty vinyl banners and more sophisticated office, architectural and in-store signs, we can do it all," said owner, Leon W.

Kuiwa. Real estate auction to feature condos One hundred fully furnished condominiums in Waterville Valley's Golden Eagle Lodge will be W1 "Our Best Employees Deserve The Best Parking Spaces" SHIRLEY LUEBBERS James A. Canfleld, medical staff, Nashua Memorial Hospital. Radiotelevision Mark Handley, general manager, WEVO-FM radio. Real Estate Suzanne Zellers and Al St Hi-laire, April sales associates, Norwood Realty; Kira Meeken, 1989 mortgage loan originator award, OSI Mortgage.

I Religion Brother Joachim Froehlich, 0.SJJ., school superintendent, Roman Catholic Diocese of Manchester. Service Linda Erickson Dennett, staff, Hampton Veterinary Hospital. abilities. By working together, we can make the difference show. Vernon Jordan.

VP Fashion Neckwear Co. Hudson. NH Talk To Someone Who Knows. Call Mike Nichols At 271-3471. The NH Dept.

of Education. Division of Vocational Rehabilitation offered at a developers' auction on June 30. Bill Cramton, spokesman for the project, said: "The construction lenders have offered exceptional 30-year financing with rates as low as 7V6 percent with no points. Financing is available for up to 90 percent of the purchase price. Cash buyers will receive a 5 percent discount" The units list from $95,000 to $264,000.

McAuliffe acility to receive $22,500 EnergyNorth Natural Gas of Manchester has pledged $22,500 to the Christa McAuliffe Planetarium in Concord to fund a laser projection system. "The addition of the laser projection system will add a high-tech sparkle to the presentations and enhance the enjoyment and enthusiasm of everyone, especially schoolchildren," said Robert R. Giordano, president of Energy-North. Electrical course set in Concord The New HampshireVermont Chapter of Associated Builders and Contractors will sponsor a course on electrical estimating on June 2 from 9 a.m. to 4 p.m.

at the New Hampshire Safety Council in Concord. A minimum of five years experience in electrical construction with a working knowledge of blueprints and specifications is a prerequisite for taking the course. For more information, contact Peggy Stevens at 226-4789. Lodge building to be constructed There will be a new American Legion post building in Hooksett. The Merrill Folansbee American Legion Post No.

37 has selected Mr. Build Pro Con to construct a post facility at 6 Main St The one-story building will have a meeting room, a function room to accommodate 176 guests, a lounge for 50 guests, a kitchen and among the most capable, resourceful and dedicated workers we have. "Now our best parking spaces are always full." People with disabilities are people with a built-in cooler. The building will be located on the site of the old Hooksett Railroad Station, overlooking the Merrimack River, with parking for 112 cars. The work is expected to be completed by August.

Domestic violence to be video topic Presto! Productions of Hampton Falls has been selected to produce a videotape about domestic violence. The tape is a joint project of the New Hampshire Bar Association and the New Hampshire Coalition Against Domestic and Sexual Violence. The 15-minute video will explore the steps victims of domestic violence should take to protect themselves from further abuse. The tape is the second in a series of public information videotapes about the law funded by Interest on Lawyer's Trust Accounts. Littleton job fair to feature 35 firms A Business and Industry Job Fair that will feature 35 area businesses and is sponsored by the Littleton office of the New Hampshire Department of Employment Security will be held June 2.

starting at 10 a.m. at the Littleton National Guard Armory. Area firms will have information on hiring practices, employee benefit programs, products and services and job openings. Firms taking part include Hitehiner Manufacturing Burndy Littleton Stamp and Coin McKerley Nursing Home, Design Contempo, Littleton Hospital Association, Norton Pike Co. and Peoples National Bank.

For more information, call 224-3311. BUY Or SELL computer equipment in our consignment stores. Choose from our displays of NAME BRANDS. SX COMPUTER NSTS EXCHANGE 493 Amherst Street Nashua. NH 03063 (603) 595-7640 2800 Lafayette Road Portsmouth, NH 03301 (603) 433-6122 "Not too long ago, the parking spaces closest to our front door were usually empty.

That was back when some of us here were concerned that disabled people couldn't perform as well as others. Or that they might be disruptive to other staff members. "Now we've discovered the exact opposite to be true. "Our employees with disabilities are 1 3 SURGEON Needs a working surgical partner to develop a new Ambulatory Surgical Center at a very prominent location in the N.H. Seacoast area.

For more information call Earl Verity (603) 474-5011 E5.

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Pages Available:
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Years Available:
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