Uncertain Business Climate As Salina Land Sells At 90000
Land near the Morgan road in Salina sold for 90000 from Austin Backus to William Cass of Syracuse. The deal was handled by Kesey Real Estate De Witt and others. The buyer plans immediate development with a year or more before concrete plans. Brokers note proximity to Vine Street and General Electric area. The Krog occupancy and local business expansion shape the outlook amid rising costs and cautious spending.
MENTIONED IN THIS ARTICLE
Furmer Krog
Vinestreal Abd Morgan' Road
Salina
Austin F. Backus
William £. Cass
Driscoll
Ginguld
Matlae and
Cass
Syracuse Allot
Kesey Real Estate
de Witt
Andl
Morgan
Hag Bean
Huunets Cteicn Noure
Ls Op
Nosité General Eilectne Electron
Des Park
Vine Street
Cass’ Property
Jere
York
Krog
OPC
Rase
Peter Krog
Backus
Mostlis
Buckusie
Mexico
Heavy trading on New York Stock Exchange amid late rally
The New York Stock Exchange posted a belated year end rally with mixed advances across sectors led by steels rails aircrafts rubbers and chemicals while motors showed fractional gains. The Associated Press average rose and government bonds gained as trading remained cautious amid broader market uncertainty. A Cambridge Mass note described vigilance on New Year Eve as optimism grows despite inflation and slower production forecasts.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
York
Carr
Associated Press
Cails
Amozlem Stock Exchange Peices
Appliance Makers Urged Public Facility Financing Pickup
The U S Savings and Loan League urged cities to fund construction of public facilities with long term bonds rather than granting concessions to home builders. The resolution, passed at the 65th annual convention, argued such concessions raise housing costs and slow housing activity. Public facilities like schools should be community financed and open to all residents.
MENTIONED IN THIS ARTICLE
Chicago
United States Savings and Loan League
Neca
Fema
Four Bank Officers Promoted by Merchants National Bank
Four men Jay R. Deboer Bernard G Flanagan Edward J Masur and Michael P Williams were promoted to assistant cashiers by Crandell Melvin president of Merchants National Bank and Trust Company of Syracuse Deboer joined the bank in 1947 has served in the US Army and earned a standard certificate from the American Institute of Banking Flanagan a Syracuse graduate served in the US Navy Marine Corps Reserve and has held several banking posts Masur commands the Marine Corps Reserve Battalion at Hancock Field and is assistant manager of the Eastwood office Williams joined the staff in 1954, served two years in the Marine Corps, and has held various positions in the installment loan department. Also notes Altoona Tribune ceases publication after long service.
MENTIONED IN THIS ARTICLE
Jay R. DeBoer
Bernard G. Flanagan
Edward J. Masur
Michael P. Williams
Crandell Melvin
dMerchants National Bank & Trust I Company
Syramure
DeBoer
In Istallment Joan. Ag
L. Flanagan
Syracuse University
Korea
Mazur
Marine Comms
Hancock Field
Eastwood
Williams
Meine Corps
Altoona Tribune
Altoona
Pa Uy
Aloona
A. B. Crane
O i
The
Times
Crane
Robert W. Boyer
the Tribune
Chrysler Building and Two Adjacent Skyscrapers Sold in New York
New York investors under Prentice Development Corp bought the 71 story Chrysler Building, its 32 story annex, and the Graybar Building across Lexington Avenue from Webb & Knapp. No price was disclosed though $66 million had been asked in earlier talks. Webb & Knapp will continue operating the properties. The Chrysler Building, built in 1923, stands behind an annex added in 1951 and the Graybar Building dates from 1930.
MENTIONED IN THIS ARTICLE
Chrysler
New York
Tistory Thrysler
Graybar
Lexington Ave
Prentice Development Corp
Webb & Knapp
Real Lestate
Smith for Beane in Broker Firm Bankruptcy Court
In Utica a bankruptcy petition is filed by James J Murstion Jr a Syracuse welder seeking release of 4204 assets and 2 im in household pond exempt. Kenneth Lees of DeRuyter filed a petition with debts of 4508 with exemptions. The piece also notes Merrill Lynch firm name change to Winthrop Smith and retirement details of Alpreut C. Benne and Beane partners.
MENTIONED IN THIS ARTICLE
Utica
Ife
James J. Murstion Jr
Fayette St
Syracuse
U. & Dletriath
Kenneth
Lees
Divion St. DeRuyter
Fied
Copenhagen
WEW York
Howse of
Merrill
Pierce, Fenner & Beane Ib
Winthrop Hiram Smith
Lynch, Pierce, Benneteniths
Glass Fragments In Chili Powder Warned by FDA and Manufacturer
The FDA and Gebhardt Chili Powder Co. of San Antonio Texas warned that some Gebhardt Eagle chili powder bottles may contain glass fragments. Consumers were urged to discard affected units and retailers were advised to return all bottles to the manufacturer for exchange or refund.
MENTIONED IN THIS ARTICLE
Gebhard
Food and Drug Administration
Gebhhardt Chill Powder Co
San Antonio
Texas
Vansumners
Egg Report From United Press Markets By Regions
Egg prices varied across Central New York and Hudson Valley regions with demand slow to moderate in Syracuse and more active in other areas. Farms paid producers per dozen for Grade A eggs, prices ranging across White and Brown large and small sizes, with Midwest and local markets showing mixed movements and steady to weak trends.
MENTIONED IN THIS ARTICLE
United Press
Calsatt Mountain
Hudson Valley
New York
Ani
Buffalo
State
Federal Agriculture de
Bufalo
Syracuse
Medyon Valley J
Dhe
Centrt
Witite
Neawee
Lure
Small Sim
Peewee A Butlaksay
Mediun
Brown
Iaise dl
Ley Small
Produce Market Prices in New York Wholesale Market
New York wholesale produce market reports slow demand with prices in brief. Apples vary by grade from Cortland to McIntosh while onions, potatoes, carrots, mushrooms and Brussels sprouts show typical regional pricing and package sizes. The note warns that markets will be closed tomorrow per local timetable.
MENTIONED IN THIS ARTICLE
Ceporis Lalies
New York
NY Cortland
McIntosh
Faene
Jersey
al U
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Vito Romano
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E. Genecas St
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EDSEL
Harvey M. Stewart Corp
W. Onondaga St