ABC Evening News for Tuesday, Oct 12, 1982
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(Studio) Decline in interest rates and fluctuation in stock market activity today reported.
REPORTER: Frank Reynolds
(NYC) Morgan Guaranty Bank reported lowering prime rate on business loans; details outlined on screen. Govt. noted lowering interest rate ceiling on Federal Housing Administration and VHA mortgages. New York stock exchange activity discussed; Dow Jones industry av. outlined on screen; increase in stock value for American Express, American Can, Sears, Roebuck, and Woolworth listed on screen; retail sales for last month mentioned.
REPORTER: Dan Cordtz
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