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Syracuse Herald Journal in Syracuse, New York

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Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Aug 26, 1983

Page

19

Carrier says its units equal to Japanese quality claim

Carrier Corp. rejects a Harvard Business School study claiming Japanese room air conditioners are superior due to quality control and executive attention. William Sammons says first rate units from Carrier rival Japanese models, noting U.S. firms doubt the study’s conclusions and that much data dates to 1981.

Carrier Corp William L. Sammons Carrier Sammons Harvard Business School Harvard David A. Garvin U.S New York Times Bruce Benson Execuive Association of Home Appliance Manufacturers Garvin Benson Times

Money market funds assets fall again as total tops $165 billion

The Investment Company Institute reports that 313 money market funds slid by $235 million to $165.3 billion in the latest week. General purpose funds dropped to $53.1 billion while broker dealer funds fell to $78.9 billion, and institutional funds rose to $33.3 billion. The group notes assets have risen in only three weeks since December and remain down 28.9 percent from the December 1982 peak.

Investment Company Institute

Poor nations suffer from U S lending restrictions

A government official says U S banks’ red lining of private sector in less developed countries raises debt and imports problems, undermining efforts to adjust. Lionel Olivier, undersecretary of Commerce for international trade, spoke at a seminar by the American Bankers Association.

U.S Lionel Olivier International Trade Associaton

Mortgage rates rise curb July existing home sales

The National Association of Realtors reports July existing single‑family home resales at a 2.81 million annual rate, down 4.4 percent from June. About 263,000 homes were resold in July, 47 percent above a year earlier, with declines led by the West and North Central regions as higher rates curb affordability.

National Association of Realtors Realtors’ Group Jack Carlson Association Carlson Commerce Department Roger M. Kubarych Federal Reserve Bank of New York Federal Reserve

Banks see credit downgrades after Seafirst upgrade

Standard & Poor's lowered BankAmerica's bonds from AA-plus to AA-minus and cut its preferred stock to B-minus. Seafirst Corp. in Seattle was upgraded from B-plus to A-minus after BankAmerica's capital influx, with S&P noting the acquisition did not harm overall debt ratings.

Standard & Poor's Corp BankAmerica Corp New York Cincorp Bus S&p BankAmer Seafirst Corp Seattle Bankamerica Bank America Ademinus BankArmerica Corp Bank of America Seafirst Binlus Lahricki S&p Erediana

Leading steelmakers raise basic prices in Sept

Three top U S steelmakers United States Steel Bethlehem Steel and Republic Steel announce about seven percent increases in sheet and strip steel prices to fall Sept 1 The move affects card rolled sheet steel and zinc coated galvanized steel with list prices rising to 363 a ton and 606 a ton Analysts say discounts may blunt real price changes and impact on autos likely limited due to contracts with GM and industry conditions detailed by Merrill Lynch and Shearson American Express

United States Steel Corp Bethlehem Steel Republic Steel Corp Lambert Inc Charles A. Bradford Merrill Lynch General Motors Corp Bradford Joseph Wyman Shearson- American Express New York Times Service

Nielsen Leads Marketing Research With New Tech Push

Nielsen continues to refine techniques as a world leader in market research. The company blends bar codes and computer data to sharpen surveys, expanding beyond traditional shelf samples to analyze sales with scanners and point-of-sale data. Nielsen remains labor intensive yet increasingly data driven, with 22,000 employees in 26 countries and a growing emphasis on processing and interpretation of data.

Nielsen Daniel Rosenheim Independent Press Service Pew Better Act Avple Nielsen Revalis Sunbeyny Art Nielsen Joseph Fuchs Kidder Peabody & Co Media Research

Also Mentioned on This Page

Joseph A. Parcello Harvard Business Review United Technologies Corp Japan Far East Saudi Arabia France Italy Carrier Executive United States DeWitts Soviet Union John Block Moscow Washington Block Jimmy Carter Afghanistan Rid Panabook Chicago Ob Pa Coifman Tribune National Association of Ri Ford Chrysler George Estabrook Winthrop Maine Lisa A. C. Nielsen Co. Ars Arthur C. Nielsen Markeong Time Lae Control Date McCrave- Fil
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