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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Dec 31, 1957

Page

13

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.

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.

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.

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.

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.

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.

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.

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.

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.

Ceporis Lalies New York NY Cortland McIntosh Faene Jersey al U

Also Mentioned on This Page

Vito Romano Frank McCarthy Barbara Greene Na- Ulsawids Insurance Activities W. Genesee St Fred van Newkirk Nationwide Insurance Co Nationwide Insurance Its Wise Cambridge Mass Middlezex Avenue India China Wending Willy Ahan Iby Merchants Bank Val's Motors Roe Grover Flitcrof Reeh Dar Federal Morton's CO Pest Teed Syracece Lincoln Bank Marine Midland Merchants First Trust & Deposit William N. Pope, Inc E. Genecas St N.Y Wintec Linggln and Trust Merwe Chung Brich Blair United States Tome Melortey Moerger Robert B. Johnson Receniver Grernt Lumber Ford Castle-Ford Genesee St Gras West Price Fett Garde GE Swat Sam Fie Joe del Delo Corporation Erie Wtyd Central City Erie Beas Ee Lee Od Wianazan Lee Generel Pblecteis Denal i Taarageimest Wes Ion Sita Brainard Fancher General Tenenager Semiconductor Boalog Jureen I Alyrm Aaron Sita & Bots Warn Ioreauche Fancher Theodore E Caleh Jamro Woodview Curtum Orchard Puck Gapital Arborun George F. Platts Anu Byane Liverpool Syracuse Seruleanductor Perk Jamra Shannne Woolworth Ailthe Clyde Semiconductor Nectllier Janit Rat Gore Gol Mant Platts We Pw Oea Lund Yeas Dent James E. Ee Nan Keister Coul Elf Markel Lalacting Anaes Hal Wiere Nee Geeenved Ash Beits Dehetaus Mariotorh Pet & W - Sia Qppies Jarthém Sore Goa Savoy Garcote City Hiciaus Listy Ratubarns Pau Geo Cary Cee Randiam Berats Berks Ocess Wester Bor Dean Tee Jonah Yen Eero Mt Tae Genelia Florence Inee West Wan Sauter Garcots Missy Southern Monsen Leeds Herernie Ferbuce Galt Green Lone Eat Gaulberh Oost Reas Kasten Craic Byal Greseepoers Powsioes Toarsa al Re Serene Uines Bousto Aperion Buillvan Bros Herkimer Rand Ups H. Y. Livantack Priday Enttary Hhnsy Tag Lere Cena Clailhingizo Trice Pt ¥ Panaredeagat Local Securities Sr A Agricult Anal Insurance Cowles Chemical Coal Excalner Famurance RTS Life Wallengl Bonkine Piesrueh & Denostt Brest Priess Alpreut C. Benne Mara Ma ‘Dan B Beane Foo TRI - Triumph Ryan Dodge Plymouth Hagirs Mantins N. Boys Spector Ru Ldele Forsythe Motors Corp W. Genes St. Open Res Salen Rae J. Fordomatic Manwah Frank Frank Scie Aun EDSEL Harvey M. Stewart Corp W. Onondaga St
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