ROANOKE TIMES Copyright (c) 1996, Roanoke Times DATE: Saturday, March 9, 1996 TAG: 9603110087 SECTION: NATIONAL/INTERNATIONAL PAGE: A-2 EDITION: METRO TYPE: CORRECTION
One-year adjustable-rate mortgages average 5.40 percent and 15-year mortgages average 6.87 percent, according to a national survey by the Federal Home Loan Mortgage Corp. The Associated Press reported incorrect rates, which were published in Friday's Business section.
A story in Friday's Business section incorrectly reported that Norfolk Southern Corp. is part of a tentative labor agreement between the Brotherhood of Locomotive Engineers and the National Carriers' Conference Committee, which represents the nation's largest railroads in labor negotiations. Although the carriers committee represents Norfolk Southern in talks with other unions, the BLE is negotiating separately with both NS and Conrail. Ray Wallace, a general chairman with the union in Asheville, N.C., said NS and the union have yet to reach an agreement.
Clarification
A fire that damaged the Longwood Apartments in Vinton on Feb. 25 was caused when the eye on a stove in one of the apartments was left on, according to Roanoke County Fire Marshal Donald Gillispie. Vinton fire officials first reported that food left on the stove had ignited. Gillispie, however, said his investigation had determined that no food was left on the stove.
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