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Odessa American in Odessa, Texas

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Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Dec 20, 1982

Page

18

Workers mail proxy materials for Allied Bendix merger vote

In New York workers prepare 110000 plus shareholders to receive Friday mailings voting on the Allied Bendix merger at a special meeting on January 31. A bank spokesman says the hand enclosing process is the largest the bank has undertaken and required due to the bulk of each 15 ounce enclosure.

New York Allied Bendix

Timex’s TS1000 taps mass market for home computing

Timex markets Clive Sinclair’s TS1000 at under 100 dollars to reach the computer curious public. Sales pace suggests broad demand as it aims to educate families and schools, with 60 plus thousand units sold and plans for 1 million in the US and Europe next year.

Timex Clive Sinclair United States Daniel Ross Timex Computer Corp Macy’s Department New York Herald Square Peoria Ross Connecticut Europe George Milton Chicago Lester Jacobson Jacobsons K-mart Venture

Wall Street Stocks Mixed Amid Broad Market Totals

A lengthy list of stock quotes shows mixed activity as Abbott Labs and Air Prod lead gains while Exxon, IBM, and General Electric post varied results. Investors weigh industrials and tech names as fluctuations span the Dow and broader market indicators.

Stock price listing from American Exchange December 20 1982

Nationwide composite prices for selected stocks on the American Stock Exchange with many tickers and percent changes. Includes company names such as Adobe Alaska Amdahi Circle K Crystal Dome Dataprd Felmont FisherPr Fronter Galaxy Gates Giant GrtLkCh Hormel Husky Imp Oil Instrum Sys Kirby Mitchel NatPat Ozark Petro Ranger Resort Solitron Starrett Sundance Sym Telefiex TubesDe Vernon Wang Wy Me among others and a dated sale figures line.

Alaska Ain Pla Felmont FisherPr Fronter Bq Va Gates LJ

Life insurance policy loans and shifting investment bets

Policyholders borrowed $53 billion from whole life policies over recent years at 4 to 8 percent interest. Declining yields in invested loan funds, especially money market funds, are prompting debate over whether to repay loans or keep them active. Decisions hinge on policy values, anticipated future needs, and the relative cost of loans versus other financing options.

Chicago Sun-Times Rick Ochet Treasury

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