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