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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

May 21, 1985

Page

6

Blue chip stocks gain from lower rates say Carbondale dealers

A Carbondale stock dealers survey notes lower U S Treasury rates boost blue chip issues as long term investments. Parrish highlights Texaco Bell Atlantic Tenneco yields around 6.9 to 8 percent while Uffelman sees AT T margin growth. Purcell cites Colgate earnings and 5 percent yield with 12 times earnings. Burley promotes Gerber at 32 with 3.6 percent yield and $3 per share 1985 earnings.

Tony Stevens Southern Illinoisan U. S. Treasury Carbondale Area Patrick Burley Burley-Shay Investments Gary Parrish A. G. Edwards John Purcell Thomson-McKinnon Securities John Uffelman E. F. Hutton Nashville Burley Gerber Products Gerber U. S

Western funds to back China import boom via foreign firms

Paris and London banks propose the first investment fund targeting foreign companies poised to profit from China's growing demand for modern technology and imports. Robert Fleming handles Far East strategy while Tuffyier & Ravier manages Europe and the US. United Airlines pilots strike talks resume amid stalled negotiations near O Hare.

Paris China Robert Fleming & Co Saumara Tioulong-Sam Robert Fleming London Tuffier & Ravier Europe United States

Pickens drops Unocal bid in exchange offer compromise

T Boone Pickens said his Mesa Petroleum group will withdraw its Unocal bid in exchange for a tentative deal allowing part of its shares to be included in a stock buyback exchange. Unocal directors met as talks continued. outcome unclear. Mesa Partners II owns about 13.6 percent of Unocal.

New York T. Boone Pickens Unocal Corp Unocal Pickens Mesa Petroleum Co Arizona Mesa Petroleum Mesa Partners II Mesa

Sears Discover card gains acceptance by four major firms

Sears chairman Edward R. Telling announced at the annual stockholders meeting that American Airlines Budget Rent a Car Denny s Restaurants and Hospital Corporation of America will join Sears in developing the Discover card. A hotel company is expected to join. The card offers revolving credit emergency cash check cashing ATM access and protection for lost or stolen cards plus a Dean Witter financial services package including an IRA with no setup fee.

Atlanta Sears, Roebuck & Co U.S Sears Edward R. Telling American Airlines Budget Rent A Car Denny’s Restaurants and Hospital Corporation of America Telling Discover Dean Witter

Home health care network formed across state lines

Tip of Illinois Health Services based in Carterville teams with St. Francis Medical Center and SeMo Regional Home Health Agency in Cape Girardeau to create SeMo St Francis Visiting Nurses Association. The joint venture aims to deliver home nursing and therapies to discharged patients in Missouri and Illinois, coordinating care with providers, discharge planners, and families.

Betty Connell Tip’s Laurel Toussaint Tip Anna Teresa McCulloch LeMo-St. Francis Mindy Elliott Gerry Pentsil Cairo Linda Boyd SeMo-St. Francis Tip of Illinois Health Services, Inc Carterville St. Francis Medical Center SeMo Regional Home Health Agency Cape Girardeau St. Francis Missouri Illinois Missouri Liaison SeMo-St. Francis Visiting Nurses Association Tip of

Illinois Retail Sales Up 5.15 Percent in April

Illinois retail sales rose 5.15 percent in April from a year earlier, with Metropolitan Chicago leading a statewide gain of 7.65 percent. Central Southern Illinois rose 0.68 percent, while Northern Illinois fell 4.81 percent. A later Easter shifted buying patterns, and March 1985 saw a 14.65 percent year over year rise.

Illinois Illinois Retail Merchants Association Touche Ross Chicago Northern IRMA David Vite Central-Southern Northern Illinois

Also Mentioned on This Page

Parrish Treas Texaco Bell Atlanta Tenneco Uffelman Lems American Telephone and Telegraph Purcell Colgate Palmolive Southern Illinois Ee U.S. Gov't Ginnie Mae Turner & Sellhorn, Inc. Securities U.S. Governmeent Dept China Investment Fund Long United Arlington Heights United Airlines Air Line Pilots Association O’hare International Airport United Jim Waters Diane Zielinski Amex Allen Industries McDonalds Dayco Norge Amax Magic Chef Coca-Cola Old Ben Coal Consol DuPont Standard Oil Ohio Freeman Coal Inland Steel Spartan Printin J.C. Penney Mart Oe Investing Kroger Tuck Tape Southern Illinoisan Turco, Inc Lee Ent Atcor Lastour U.S. Gypsum Bemis WalMart Meis Wendys Brown Group Silver Screen Partners II Walt Disney Productions Walt Disney Disney Touchstone E.F. Hutton & Company Inc University Four Theatres University Mall Carbondale E.F. Hutton Hutton E.F. Hutton & Company Inc W. Main St Sipt First Federal All Star Savings Team First Federal Savings Spartan Broadway and Market Main Murphysboro Walnut St Steeleville Broadway
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