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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Jan 15, 1985

Page

6

Pattin Expansion Nears Completion In Marion

Pattin-Marion completes expansion and relocation on Skyline Drive with city aid. Plant manager Jerry Frease credits Marion officials Mayor Robert Butler and planning director Dorain Fletcher for keeping Pattin in town. Grant of 500000 and a 25 year low interest loan cover about 25 percent of total investment. The firm has grown from 42 to 91 employees and expects more hires as sales rise. Pattin is a unit of Eastern Co. with plants in Ohio and Utah and a history dating to 1969-73. Frease praises the workforce, Teamsters cooperation, and sales rep Bill Resnik who also handles mine service.

Larry Davis Southern Illinois Pattin-Marion Jerry Frease Marion Prease Robert Butler Dorain Fletcher Frease Pattin Skyline Drive Pattin Manufacturing Eastern Co Naugatuck Conn Marietta Ohio Clearfield Utah United States Marion Mine Service Teamsters Union Bill Resnik Resnik Court Street

Amax Tops Third Largest Status in Nation

A fragmented OCR note cites Amax as becoming the nation’s third largest entity. The readable items suggest ranking or market position, with no clear date or full context available. Further lines remain unreadable to confirm exact figures or scope of the claim.

Prime rate at lowest point since 1983

New York Manufacturer Hanover Trust cut its prime lending rate by a quarter point to 10.5 percent on Monday. It is the lowest prime rate for a major money center bank since 1983 and the first time below that mark since October 1978. Four th quarter results from Morgan Chase and First Chicago show improved profitability amid falling rates.

New York Hanover Trust Co J.P. Morgan & Co Chase Manhattan Corp Chicago Corp Chase Morgan’s First Chicago

McDonald's growth fuels popularity of big name stocks

Carbon dale brokers spotlight favored equities including McDonald's ITT and Coastal Corp amid optimism on earnings. W A Krueger lithographs firm tops Burley's list as mail order growth and back orders rise. ITT priced around 29 dollars, McDonald's expansion supports long term landlord revenue potential with 15 percent plus earnings growth projected through decade end.

McDonald’s International Telephone & Telegraph Carbondale Patrick Burley Burley-Shay Investments Don Hancock D.R. Hancock Gary Parrish A.G. Edwards John Purcell Thomson McKinnon W.A. Krueger Burley Krueger

MasterCard Visa use set records in 1984

Credit Systems Inc operating center for MasterCard and Visa in Illinois and neighboring states reports total 1984 sales for the two cards at about 3.8 billion, up 33 percent from 1983, with December 1984 alone at 452.2 million and 9.9 million individual December sales. The 5 state region serves 74,000 merchants and 2.8 million cardholders, amid lower money market rates driving a shift to corporate and government bonds.

Illinois Midwest Credit Systems Inc MasterCard and Visa Missouri Kansas Iowa Kentucky

Also Mentioned on This Page

Amex NYSE Allen Industries Meis Brown Group Dayco McDonalds Coca-Cola Norge Consol DuPont Magic Chef Dennys Old Ben Coal Freeman Coal — Oil Ohio Gen. Dynamics Pepsi Holiday Inn Inland Steel Ramada Inn Phelps Dodge J.C. Penney Spartan Printing Mart Kroger City Investing Lee Ent So. Illinoisan Bemis Wendys McDonald's Hancock Federal Reserve Board ITT Coastal Corp Parrish McDonald’s Restaurants Purcell MasterCard New Orleans Herrin Thunderbird Travel Buerkle, Beeson & Ludwig Attorneys At Law East Cape Blvd Eastwood Dr East Cape Girardeau, IL Robert M. Buerkle Joe T. Buerkle David G. Beeson Thomas A. Ludwig Stephen C. Wilson Jackson Corbell TIE Extrom PKS Inter Tel Comdial Tadiran Ericsson MITEL Corbell Telephone & Electronics S. Division Carterville Brougham Rte
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