business

Two Records Set By State's S&Ls

NEW YORK - New Jersey member institutions achieved a record October and year-to-date high in mortgage activity, the

Federal Home Loan Bank of New York reported recently. Mortgage loans acquired by 141 New Jersey members rosfc to $1.3 billion in October; $1.1 billion was recorded in September. Loan volume was 78 percent higher than the $708 million reported in October, 1984. New Jersey member instituions accounted for 51 percent of the district loan volume of $2.5 billion. FIGURES FOR the 10 months ending Oct. 31, 1985 were $9.6 billion — up 22 percent from the record pace of $7.9 billion turned in during the same period in 1984. The continued decline in mortgage rates was a major factor for this high level of activity. Total assets grew by $338 million during October to reach $47.2 billion; a year earlier, assets totaled $42.9 billion. ON OCT. 31, total deposits of $39.8 billion were held by the New Jersey members — an inc

crease of $417 million from September. On Oct. 31,1984, total deposits of $36.3 billion were held. The Federal Home Loan Bank of New York is

responsible for federally chartered savings and loan associations and savings banks in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands.

Terminal Change NEWARK - Two NJ Transit bus routes serving Cape May County changed their Philadelphia destination from the Trail ways Terminal at 13th and Arch Streets to the Greyhound Terminal. 17th and Market Streets, effective New Year's Day. Local routes affected are No. Ill, Philadelphia-Camden-Ocean City, and No. 113/115, Philadelphia-Camden-Wildwood-Cape May. For additional information. passengers can call NJ Transit toll-free within New Jersey at 1-800-582-5946 daily 6 a.m. -10 p.m.

business Directory AUTO DEALERS 3 MEAT CARS UNDER 1 BURKE ROOF OLOSBWBILE • CHEVROLET CADILLAC SALES- SERVICE-PARTS 522-1475 CLEANERS ft LAUNDCRERS rwi CLEANERS A LAUNDERERS HKHT TAIL OPING Md SUEDE A LEATHER CARE

Seniors Set Luncheon AVALON - The Avalon Senior Citizens Organization will celebrate the New Year with a luncheon meeting noon -Tuesday, Jan. 14, at the Avalon Community Hall, 30th and Avalon Avenues. Luncheon will be served by the Avalon caterers "Candlelight and Caviar". Reservations can be made by calling Mr. and Mrs. Anthony Calomeni, 12 Fox Run Rd., Court House; phone 465-7250. The speaker will be William Hentges. county surrogate, who will speak on wills. ASCO Fun and Games Day is Jan. 28 at noon at the Community hall. Members and friends are invited to enjoy bridge, pinochle, bingo, shuffleboard. oil and watercolor paintings, and other crafts. Coffee and doughnuts are served.

Electrical Supplies! We Can Help You With Your Electrical Needs. • Fixtures • Heat • Bulbs • Switches • Wire * Receptacles • Door Bells • Fuses • Conduit • Alarm Systems Cash 'n' Carry Marsden Bros. Electric, Inc. ELECTRICAL CONTRACTORS PHONE 465-4102 • 465-4103 1608 N. RT. 9 & AVALON BLVD. CAPE MAY COURT HOUSE. NJ 08210 I

Income Tax Help Offered Seniors

RIO GRANDE - Assistance for senior citizens in making out their income tax returns will again be available in Cape May County this year, with trained volunteers providing the help. Aid will be provided by the Volunteer Income Tax Assistance (VITA) at the Social Services Building here during February and March 9-11:30 a.m. Tuesdays and Thursdays. VITA services will also be available at North Wildwood City Hall by appointment only. Call 522-2030 for information or to make appointments. ALSO AVAILABLE will be the services of Tax Consultants for the Elderly (T.C.E.) a program of the

American Association of Retired Persons, which will operate February. March, and April as follow,s: Upper Township Senior Center, 1369 Stagecoach Rd., Palermo, 1-3 p.m. Wednesdays. Ocean City Hall Annex, 1-3 p.m. Wednesdays. Stainton Senior Center, 3304 Bay Avfe., Ocean City. Mondays and Fridays by appointment only. Call 399-0055. Seniors are asked to bring all forms ar.d information, such as W2 or W2P forms, 1099 Forms for interest and dividends, and a copy of last year's income tax return. Senior citizens with $2,000 interest should file an income tax return.

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