Credit card counts rise as cards pile up
Credit card totals surge with a 20 percent rise in 1994 led by existing cardholders. The average adult holds four cards, double a decade ago, as lenders loosen standards and offer perks like rebates and miles while urging consolidation to cut fees and avoid debt.
MENTIONED IN THIS ARTICLE
MasterCard
Steve Apesos
Moshe Orenbach
Sanford C. Bernstein
New York
Michael Staten
Credit Research Center
Purdue University
Amy Eskind
Staten
Ruth Susswein
Bankcard Holders of
America
Apesos
Orenbach
Cutters face tough harvest as Naegele crew moves again
The Naegele bining crew led by Rick and Angela Naegele travels from Texas to North Dakota and back to Kansas, chasing limited wheat harvests amid freezes and heavy rains. The 1995 season brings extra detours for the 18-year operation, with three international exchange students from Australia England and Czechoslovakia joining the crew.
MENTIONED IN THIS ARTICLE
Claeblin
Naegele
Lucas
Rick
Angela Naegele
Texas
North Dakota
Kansas
Naegeles
United States
Australia
England
Czechoslovakia
Wakita
Okla
Wichita
Olney
Seiling
Rick Naegele
Angela
U.S
Plains States
Simon Waspe
Suffolk County
Jim Hacon
Waspe
Oklahoma
Smith Corona seeks bankruptcy protection in New Canaan
Smith Corona Corp the last U S maker of typewriters filed for Chapter 11 bankruptcy protection in Wilmington Delaware citing erosion of demand by personal computers The company plans to continue normal operations while restructuring It reported a third quarter loss of 12 1 million and said it would cut about 750 jobs saving 21 million a year The firm listed assets 207 9 million liabilities 198 8 million with 17 subsidiaries and obtained a 20 million loan commitment to fund operations during reorganization
MENTIONED IN THIS ARTICLE
New Canaan, Conn
Smith Corona Corp
Smith Corona
Brother Industries Ltd
U.S
Wilmington
Del
North American Commodity and Livestock Quotes Across Markets
Morning market roundup covers Midland Elevator grain prices with wheat at 4.67, corn 2.84, milo 4.62, soybeans 5.70. Omaha quotes span hogs with 700 head and 50 cent drops in 50s, cattle steady, steers 63.00-64.00 and heifers 62.00-64.00, slaughter cattle in St. Joseph showing varied prices, hogs down vs Monday in several weight classes, and Kansas Dodge City feedlot activity with slow trade. Also listed are spot nonferrous metal prices in New York, including Aluminum 81.6 cents, Copper around 1.43 and 1.39 per pound, Lead 42 cents, Zinc 52-55 cents, Gold 384.25, Silver 5.01, Mercury 250 per 76 lb flask, Platinum 441-8442.50 per troy ounce, with interbank rates cited.
MENTIONED IN THIS ARTICLE
Omaha, New
Usba
Omaha
U.S
St. Joseph
Handy & Harman
New York
N.Y
GM offers early retirement to cut at least 500 jobs
The Wall Street Journal reports General Motors will initiate early retirement programs to reduce at least 500 positions. The move targets older executives and aligns with a youth-focused shift in GM North American Operations while signaling hires from outside to fill key posts.
MENTIONED IN THIS ARTICLE
General Motors
Wall Street Journal
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Jane Bryant Quinn
Merck
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Intnatia
AlliedSig Applebee's
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Pepsico
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Quaker
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Santa Fe
FMC
Sealright
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Heinz
Studrd Reg
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Trinova
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Kroger
Wal-Mart
LabOne
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Edward D. Jones & Co Mercantile
Journal-World
Midland
Omaha Livestock
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Dodge City
London
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Frei
Commerce Bank of
Kansas City
Commerce Bank
Harvard
FDIC
Our
US Treasury
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Afl-Cio
Lane Kirkland
Labor Federation
Waddell & Reed
Dan Wenger
Lawrence, KS