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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (April 10, 1985)
Page 10, Portland Observer, April 10, 1985 Black business falling behind Although Block-owned businesses u e expanding in sales and profits, they are falling behind in the market place. in part because o f intense com petition for the Black consumer's dollar, according to D r. Andrew F. Bnmmer, a member of the Black En terprise magazine's Board of Econo OWN A HOME FOR LESS THAN mists. In 1977 (the last year for which Census Bureau data arc available), receipts o f Black-owned businesses were $6.6 billion, or 0.32 percent of all U S. sales. Brimmer, president of the Washington, D.C.-based consult ing firm o f Brimmer & Company, Inc., and a former member o f the Federal Reserve Board o f G ov ernors, estimates sales for I9M4 at $12.8 billion, but only 0.26 percent o f all U.S. sales And while he esti mates 1985 sales at $13.3 billion, that will represent a decline to 0.25 percent of U .S. sales, he explains in a feature stor in the April issue of Black Enterprise The decline in market share on the part o f Black-owned businesses ex tends to the Black community itself, says Brimmer. In 1969, the receipts o f Black businesses represented 13.5 per cent of the money income received by the Black community, but in 1984 that proportion dropped to 7 percent and is expected to drop to 6.6 percent this year. "A s the income o f black consum ers increases," states Brimmer, "their spending patterns have been concen trated on a widening pattern o f goods and services not supplied by Black firms. Blacks are also moving to the suburbs, while Black businesses re main primarily in the older neigh borhoods where most Blacks continue to live." Most o f the competition is com ing from the new influx o f minorities who have entered the marketplace in the past few years, particularly Ko reans and other Asians. Additional statistics on trends in Black self-employment are included in Brimmer's article in the April issue of Black Enterprise. PCC hosts job fair Those interested in finding quali fied computer repair employees or learning more about the Portland Community College Computer Field Service program arc invited to at tend a job fair at the PC C Cascade Campus, 705 N. Killingsworth, from 9 a .m . to 3 p .m .. April 15. Representatives o f local businesses will have an opportunity to meet and talk with participants in the program. The computer program offered at the Cascade Campus includes a minor emphasis on software and a major emphasis on hardware repair Anyone wanting to attend the job fair should call the program office at Cascade, 283-2541, extension 317. $20.000! i t THAT’S RIGHT!!! - HUD is offering several homes listed below for less than ‘20,000!!! .INTERESTED? - Call any real estate agent and say, “I’m * Interested in owning a HUD home.” They’ll provide you with the information, show you homes, complete the paperwork, and best of all, HUD PAYS the agent’s commission, if there’s a sale. ★ TOO EXPENSIVE? - If our low, low asking price is more than your budget will allow, make us an offer!! We might accept it!! i t WHAT SHOULD YOU DO?.- Call or see a real estate agent TODAY!!! BID OPENING HOMES BID ACCEPTED UNTIL 11:00 AM APRIL 22ND BID OPENING 1:00 PM APRIL 22ND • 2375 Cat Young Rd. Eugene 3 Bd. 1 B a . 9 1 2 S q F t •M S N * 711 Drlttaood Dr, Eugene 4 B d 2 Ba. 1 2 8 8 S q Ft 11540 102 McClure Ln. Eugana 1 B d 1 B a. 5 6 0 S q Ft ‘12,000 115 Jannto A rt W Hartnlolon 2 B d , 1 B a 8 9 6 S q Ft 'M .500 4117 Avalon Ft Klamath Folio 3 B q , 1 B a 1 3 7 8 S q Ft April 16 Ravioli with Meat Sauce Crisp Green Salad W arm Garlic Bread Pineapple Chunks M ilk 5417 1 5714 AraNE Portland 2 Bd 1 B a 1022 S q Fl 115 71TM Ara SE Portland 3 B d 2 B a 1 6 6 8 S q Ft D u p la » •13,000 '12.000 4512-14 Haight Ara N. Portland 2 B d . 2 B a. 1 2 8 8 R q Ft O D u p le la » 500 3411 Orchard Aoa. Klamath Folio 2 B q 1 B a 5 8 5 S q Ft 1525 15TMA,ONE Portland 2 B d 1 B a 9 6 3 S q Ft 3 •11.1N •44 000 *21.000 *21.550 1014 M khlgtn AvoN Portland 5 B d 1 't B a 1 6 8 0 S q Ft 4104 Mlooouri Aro N Portland 2 Bd 1 B a 8 7 2 S q Fl • 17775 Choae Court. Sandy 2 B d 1 B a 8 4 0 S q Ft Hot Dog French Fries Carrol Circles with Peanut Butter Dip Applesauce Trail M ix M ilk April 18 Country Style Steak Rice Pilaf Celery Chunks with Ranch Dip Banana H a lf M ilk April 19 Chicken w kh Lettuce-Tomato- Pickle Tater Triangle Peach Slices M ilk •11.000 •40 000 10300 ITU SI ME. Vaneourtr 3 B d . 1'A B a 1 0 4 0 S q Ft •M.100 13005 OUT AraNE Vaneourtr 3 B d . 1’V B a 9 8 8 S q FI •37,100 *34.700 100 134th Are SE Vaneourtr 3 B d . 2 B a 1 3 7 4 S q Ft ‘14.700 • 1000 2180 A rt S a tt i Home 3 Bd r . B a 1282 S q Fl «000 4003 151ST AraNE. Vaneourtr 3 B d 2 B a 1 0 9 2 S q Ft *17.500 5110 Minnehaha I T NE. Vaneourtr 3 B d 1*r B a 1 0 2 4 S q Ft •30 400 •21.000 •17.000 ‘17,000 •17,000 •17.000 ■ 1 4 2 1 9 th S t N E B a tt le g r o u n d •11.000 2 B d . 1 B a . 1 3 5 0 S q Ft 147 7TH A n S a tt i Home 3 B d 1 B a 1301 S q F l * 2374 Michael Or, Wool Linn 3 B B o d 1 1 B B a a 1 1 1 1 3 3 4 4 S q F M l 3 ______ BID ACCEPTED UNTIL 11:00 AM APRIL 15TH BID OPENING 1:00 PM APRIL 15TH ' 11010 WtN Rd SW. Stororton 3 B d 2 B a. 1 1 7 6 S q Ft U •44 000 30400 Della, Boring 3 B d 1 'r B a 1351 S q F I tfAcrooi '40 100 IITO uIncy Cottage Grow 2 B d 1 B a. 9 3 0 S q Ft >33.500 '32.500 z-------------- 1 4 3 10TM N C o tla g o Ororo 3 B d . 1 B a 1 7 3 5 S q Ft * I N 180 Si. Gatlon 3 B d . I ' t B o 1 3 6 0 S q Ft ' 1150 Regina St Eugene 2 B d 1 B a 7 9 2 S q Ft 1110 Maple Si Watt LtOtnon 2 B d 1 B a . 7 2 0 S q Ft 1500 5E Dl.lalo« Portlond 2 B d 2 B a 1 5 4 0 S q Ft D u p la » •21000 4020-22 Haight A n N Portland 2 B d 2 B a 1 2 8 8 S q Ft D u p le » '10 000 '10.500 5722 Mleaioelppi N Portland 2 B d 1 B a 8 5 8 S q Ft '35.050 *30.750 541 Ifd 5 Springfield 2 Bd. 1 Ba 7 1 6 S q F l '17,450 1230 _____________ . 2 B d 1 B a . 8 0 8 S q Ft •10.000 ' 7500 NE 120th A n Vaneourtr 3 B d . 1' . B a 1 0 5 6 S q F I UN-001. McLaughlin 2 B d . 2 • B I a . 1 1 5 8 S q Ft D u p le « EXTENDED LISTING HOMES •32.SN 717 Lincoln St. Klamath Fatto 2 Bd. 1 Ba 1 1 5 6 S q F t *47,000 414 Mam E PHol 8tck 2 B d 1 B a 1 0 4 6 S q Ft *10.050 3 2 5 1 STM Ara ME Portland 2 B d 1 B a 9 6 3 S q Ft ■11.150 * 4 4 3 SE 45TM A rt Portland 2 B d 1 B a 8 8 4 S q Ft '23.000 4010 WtOoa St NE, Portland 1 B d 1 B a. 7 9 2 S q F I ' 3 500 7 1 1 10TM BI SE. Troutdale 3 Bd. 2 Ba 1238 S q F I 3 2 7 -327A Cltraland A rt NE Portland 4 Bd 2 Ba 2061 Sq Fl ’» .O N it IMPORTANT CHANGE: ★ Only homes with * are eligible for FHA mortgage Insurance. Buyer must choose lender. The only contingency for financing Is FHA mortgage Insurance. These properties are Identified with an *. it Homes listed above as "Extended Listing Homes" and Homes listed as "Bid Opening Homes" that are not sold as a result of the competitive bid offering will remain available for sale until such time as they are subsequently relisted under different terms. Each working day at 3:30 pm offers received for these homes during the day will be evaluated. In the event that circumstances prevent HUD from opening offers on a given day, the properties will remain available up to the point of actual acceptance by HUD of the best net offer. Offers submitted under this procedure shall be submitted In appropriately marked sealed en velopes containing HUD-9551 with addendum, sales contract, earnest money deposit, and forfeiture statement. ★ ALL HOMES SOLD AS IS, NO WARRANTY. U.S. DEPT. OF HOUSING AND URBAN DEVELOPMENT *10.550 I 1 I 1 I 1 *N.0N 1 ‘40,O N • 25501 No IS Aoh Moodouo W Ktam M t 2 B d . 1 'r Ba, 1 3 0 2 S q F t P U D in TERMS AND CONDITIONS '3 .1 5 0 "IS O N All b id s a u b m itte d tor th e A p ril 2 2 b id o p e n in g m u t t b e a c c o m p a n ie d by a $ 1 0 0 0 e a rn e s t m oney th e fo rm o l a m o n e y o r d e r o r a c a s h ie r o Chech E a rn e s t m o n e y o n all E i t e n d e d D a tin g p r o p e rtie s w ill in c re a s e to $ 1 0 0 0 b e g in n in g A p ril 22 ★ April 17 3514 Carr I I . W hit. City 3 B d . 1’/ . B a , 1 1 0 0 S q Ft '11000 BID OPENING HOMES April 15 Mexican Taco lettuce and Tomatoes Whole Kernel Corn Chilled Pears M ilk ■ 1 5 1 3 Sunnyridgt Ct S Oregon City 3 B d 2 B a 14 5 0 S q Ft 157 Warner St. Orogtn City 2 B q 1 B a 8 5 2 S q Fl • 1441 F effort loop Eugene 2 B d 1 'r B a . 9 0 4 S q Ft S chool Lunch M enu ' 4502 SE Drew MlivrouAle 2 B d 1 B a 8 2 0 S q Ft
