Sales of stock, bond and income mutual...
From Times Staff and Wire Reports
Sales of stock, bond and income mutual funds totaled $15.8 billion in March, up from $13.9 billion in February and $13.6 billion in March of last year, the Investment Company Institute reported . . . Seattle-based Security Pacific Bancorp Northwest, a unit of Security Pacific Corp., Los Angeles, said it sold a substantial part of its commercial mortgage activities to North Coast Mortgage Co. for an undisclosed price . . . A group including Dallas-based Hicks, Muse & Co. and Thomas O. Hicks, chairman of Hicks Muse, cut its stake in Los Angeles-based First Executive Corp. to 3.91% from 5.86% of the common shares outstanding.
