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Home   About   Membership   Resources   Government Affairs   Meetings & Events March 8, 2011

'Pawn solo'
Chicago Tribune's TribLocal    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Only one pawnshop is licensed to operate in the city of Evanston, Ill. — and if officials have their way, no others will ever open. Aldermen recently approved introducing an ordinance that would effectively ban any more pawnbrokers from setting up shop in the city. Evanston has long been stringent on pawnshops. The current city code allows for no more than two active pawnbroker licenses at any one time, and subjects the business to the added scrutiny of a special use permit. More

Pawn program has recovered $3 million worth in stolen goods
KIII-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
VideoBriefA South Texas police program that does not get a lot of publicity, but can boast big results, is the pawnshop detail. Since it began 12 years ago, it has been responsible for collecting more than $3 million worth of stolen property. Anytime you sell something to a pawnshop, gold buyer or second-hand electronics store, then police will get a copy of the sales receipt.

West Virginia House bill tightens business restrictions on pawnbrokers
Beckley Register-Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A bill to tighten restrictions on pawnbrokers was passed by the West Virginia House and will now be reviewed by the Senate. The legislation would change how pawnshops do business in three ways, House Judiciary Chairman Tim Miley, D-Harrison, said. More


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Gold advances to a record on Libyan unrest; silver reaches a 31-year high
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gold futures climbed to a record for the third time in a week as escalating violence in Libya and concern that inflation will accelerate boosted demand for the metal as an investment haven. Silver rose to a 31-year high. Gold reached an all-time high of $1,445.70 an ounce as Libyan rebels moved along the coast toward Tripoli and government troops loyal to Muammar Qaddafi escalated their use of force. Crude oil extended a rally to a 29-month high in New York on concern that turmoil will spread to Middle East producers. More

Fairview, Ill., moves forward with stricter pawnshop regulations
Belleville News Democrat    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Fairview City Council in Illinois moved forward with stricter regulations for pawnbrokers and consumer installment loan businesses. Aldermen did not discuss the two ordinances before unanimously approving the first reading. They still need a second and third reading to pass. More

TV's hottest category: Auctions, pawnshops and storage units
Fancast    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If there is a faster-growing category of TV shows out there now than all of these series you're seeing about the buying and selling of other people's second-hand stuff, then we haven't heard about it. How could there be? This one has just exploded recently, becoming so ubiquitous that you can't help encountering a show about pawnshops, auctioneers, estate sales, or shows encompassing elements of all three, everywhere you turn lately. More

Shelton, Conn., targets 'cash for gold' pawnbrokers
Connecticut Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Shelton City's police chief wants to make it harder for "transient pawnbrokers" to do business in this Connecticut community. Those are the people who set up temporary shop — usually over a weekend at a local hotel — and advertise that they are buying gold and silver for cash. "Right now, we don't have a good handle on the merchandise," that's bought by those dealers, Chief Joel Hurliman said. The concern is that people could be pawning stolen goods. More

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Twitter big on smaller advertisers
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Twitter Inc. is a hot property among investors, who are pumping up the company's valuation. But whether the start-up can live up to its multibillion-dollar appraisal depends on the likes of David Szetela, who holds the purse strings of numerous small and medium-sized advertisers. Szetela, owner of online-ad agency Clix Marketing in Louisville, Ky., has had his clients pay for ads on Google Inc.'s Web-search engine and on social-networking site Facebook Inc. But in January, a Twitter representative approached him to try advertising on the service, which lets users broadcast messages with 140 characters or less called tweets. More

Man charged with stealing bracelet from Fall River, Mass., pawnbrokers after clerk gave chase
The Herald News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Marco Arruda may have been able to run away from the employees of the pawnbroker he allegedly robbed, but he wasn't able to hide from the police. Police spokesman Detective J.D. Costa said Arruda walked into the Fall River Pawnbrokers in Massachusetts around 4:15 p.m. and asked the female clerk behind the counter to look at a man's bracelet adorned with white and blue diamonds. Costa said the bracelet is valued at $2,850. More

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