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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Aug 10, 1994

Page

5

Interior Department official indicted on fraud charges

A federal grand jury indicted Thomas A Frylil, director of the Minerals Management Service, on bank fraud and conspiracy charges. He is among 10 former executives and associates accused of concealing the financial condition of two Houston banks and an investment company from federal regulators.

Interior Department Omeral Thomas A Frylil Justice Department Fry Minerals Management Service Houston

Number of failed banks falls to 13 year low

Regulators said the number of failed banks in the country dropped to its lowest level in 13 years. In the first half of 1993 only five banks failed, the FDIC reported, with 23 failures during the same period the previous year.

Federal Deposit Insurance Corp

Housing affordability slips in second quarter NAR says

The National Association of Realtors reports a drop in the Housing Affordability Index to 131.2 during Q2, down from 140.6 in the prior three months. At 100.4 the index reflects the national median income meeting the amount needed for a conventional loan with 20 percent down on the median existing home.

Ade Group National Association of Realtors

Deadline approaches for late filers of 1993 taxes

Millions of taxpayers face a Monday deadline to file 1993 federal returns after automatic four month extensions. If missed, late penalties rise 5 percent per month to 25 percent, or taxpayers may file Form 2688 for another two month extension.

Nonfarm business productivity clipboard report

The release notes the percent change in nonfarm business productivity from the previous quarter at an annual rate, seasonally adjusted. It provides a concise overview of output per hour and efficiency trends across the sector, reflecting quarterly performance metrics.

Cautious investors keep Dow on even keel

Stocks closed mixed as traders stayed wary of inflation and rate moves. The Dow Jones industrial average edged up about 1.99 points, ending near 103,755.76 with cautious sentiment prevailing in the market.

Dow

Appleseed Gallery Opens at Camillus Mall

Jackie Lamb owns The Appleseed Gallery in Camillus Camitus Mall offering handcrafted gifts and home decor with one employee. Opened in June, the shop targets all customers with a motto quality and good prices bring people back. Lamb, formerly a store manager, says stocking the store remains the main challenge and envisions expansion to a larger or additional store.

Jackie Lamb Appleseed Gallery Camitus Mall Camillus Mandi Anglin

Gallinger Real Estate weighs sale of Syracuse firm

Gallinger Real Estate Inc of Syracuse plans to test the waters as buyers circle the No 1 area residential broker. John M Gallinger, who has led the eight-office operation with 43 employees and 172 agents under Better Homes and Gardens, details confidentiality deals and his preference for a gradual transition while noting continued involvement and no firm price.

Gallinger Real Estate Inc New York John M Gallinger Better Homes and Gardens Gallinger Gallinger Real Estate Ing Syracuse Association of Realtors Inc Langley-Jones Associates Eagan Real Estate

T.J. Maxx Moves to Fayetteville Mall Center

T.J. Maxx reopens Thursday in Fayetteville Mall after moving from Shoppingtown DeWitt, adding 4,000 square feet and displacing Herman’s Sporting Goods space. Wilmorite plans a Sears relocation to Shoppingtown, with Sears at Fayetteville to be replaced by a new P&C grocery. Talbots Kids opens Friday with identity-focused apparel. Borders Books & Music and Lord & Taylor open in Carousel Center later this year as part of a mall revitalization effort featuring a sizable music and book assortment and cafe.

Ellen Blalgen Ricardo DeLeon Mike Lidell Carousel Center New Borders Books Fayetteville T.J. Maxx Shoppingtown DeWitt Maxx Wilmorite Inc Sears TJ Maxx Herman's Sporting Goods Steinbach T J Max P&c Kids Borders Borders Books & Music Lord & Taylor Department Store Kmart Corp Barnes & Noble

Employment and promotions at Syracuse area firms and banks

See mules B Billy J Owens of Syracuse appointed employment and compensation supervisor at New Process Gear Division New Venture Gear Inc East Syracuse Pamela S Knox of Care promoted to consumer to an officer at Oswego City Savings Bank Oswego Btigh O Mately of Fact Qyrarien joined the sales staff of East Syracuse Chevrolet Lane Inc of Binghamton and Andrew A Mancini Associates Awarded for safety at Associated General Contractors of America Leaweaver Advertising Design Syracuse to handle Health Services Medical Corp campaigns PNG Mortgage top residential mortgage branch ranking with 460000 loans and $36 billion principal. funded $132 billion in 1993 News about your business in Company Matters c/o Herald Journal Syracuse NY 13221.

Billy J. Owens Syracuse New Process Gear Division New Venture Gear Inc Chrysler Orve East Pamela S. Knox Oswego

New York Eyes Lifecare Centers to Retain Seniors

New York moves to keep seniors from leaving state by easing finance for life care communities. Noting hampered by earlier laws, counties may issue tax exempt bonds to fund projects like Ithaca Kendal near Cornell. Readiness, costs, and guaranteed on site nursing home care cited as key features for older adults.

New York DeWitt Ifecare Community i8 Ithaca Kendal Cornell University Goshen Orange County Long Island Onondaga County TDA Donald Western New York State Pennsylvania New Jersey Connecticut Massachusetts Nicholas J. Mongiardo State Health Department Mongiardo Ken Greenstein Nixon Hargrave Devans & Doyle Rochester Ithaca Project Mon Prardo Antes Sang Mtn Mera Nreaias Hifecare

Also Mentioned on This Page

US. Dept of Labor Herald-Journal Galhinger Fayetteville Mall Identity Club Ron Streeter Streeter C&s Engineers Inc. Wth Neering Isp Long Island MacArthur Airport Awanis Wilam Lane Inc Bingham Leaweaver Advertising Fayette St Health Services Medical Corp Susan Royal Herald- Journal Business Desk P.O N Y Company Matters Owens Knox
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