Quantifiable living standards rise despite perception
UPI reports economist Sandra Shaber of Chase Econometrics says real disposable income per person has more than doubled since 1960, with per capita gains at 70 percent and per household 39 percent when adjusted for population growth. The piece notes improved air quality and safety as unmeasured benefits while explaining lingering perceptions of decline.
MENTIONED IN THIS ARTICLE
Gary Klott
UPI
Reagan
Sandra Shaber
Chase Econometrics
Commerce Department
Shaber
Cal
Market and corporate updates from early 1980s digest
Markets mixed after Reagan appeal with gold and currency moves. Gold prices rose in London and Zurich while New York traded lower. Major firms report earnings including AT&T, TRW, Chesebrough-Pond's, and Chubb with mixed results. Kerkorian and Columbia Pictures discuss a buyback and peace pact, while United Artists ousts its CEO amid Heaven's Gate fallout. Delaware passes a banking reform removing rate ceilings.
MENTIONED IN THIS ARTICLE
Reagan
Congress
Tokyo
London
Zurich
New York
Franklin Furniture opens 10th store in Syracuse area
Franklin Furniture Co announces a new Syracuse area store at Franklin Furniture Plaza Route 57 across from Bayberry. John Centore named manager. the store features over 40 room settings plus complete bedroom dinette and chair departments. Opening sale with prizes to run Sunday.
MENTIONED IN THIS ARTICLE
Franklin Furniture Co
Syracuse
Paul Liberman
Franklin Furniture Plaza
Bayberry
John Centore
Centore
Franklin
Bus Plant Interest In New York State Grows
Albany reports two international bus makers eyeing sites in New York. Hino Motor Co of Japan has begun preliminary inquiries, while Renault of France is also interested in locating a bus plant, with Canastota’s renovated abandoned facility eyed as a potential site.
MENTIONED IN THIS ARTICLE
Albany
New York State
Canastota
Hino Mator Co
Japan
Renault
France
New York
Niagara Mohawk to switch Glenmont plant to natural gas
Niagara Mohawk Power Corp says converting the Glenmont generating plant near Albany to natural gas will cut fuel costs about 48 percent, saving roughly 100 million gallons of imported oil and lowering charges to all customers. Natural gas supply is projected to exceed needs through 1986, with Oswego Station considered for future gas use.
MENTIONED IN THIS ARTICLE
Niagara Mohawk Power Corp
Glenmont
Niagara Mohawk
Consolidated Gas Supply Corp
Albany
Kukuk
Richard H. Kukuk
Oswego
M.L. Yoho
Consolidated Gas
Gienmount
Crowley Foods Posts Record Sales and Income for 1980
Crowley Foods Inc led by Norman A. Roberts reports record 1980 earnings and sales. Consolidated net sales reached 30.64 million, up 15.5 percent from 1979. Net income totaled 1.25 million, or 1.10 a share after common stock dividend adjustment, with tax changes affecting growth.
MENTIONED IN THIS ARTICLE
Crowley Foods Inc
Norman A. Roberts
Roberts
Crowley Foods
GNP growth rate slowed in final 1980 quarter
The Commerce Department revision shows real GNP rose about 4 percent in Q4 1980, down from 5 percent earlier. The annual 1980 decline remains 0.1 percent, with consumer spending up, but business investment, net exports, and government purchases down. Housing starts rose 3.5 percent in January.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Your Money's Worth Third of Nine Columns
This column explains tax benefits for adult children supporting elderly parents. It covers dependency qualification, deductions for unreimbursed medical expenses, dependent care credits, and head of household status, noting IRS positions on Medicare and Medicaid as support, and explains partial deductions when a property is rented with mixed use. It previews upcoming coverage on medical expense deductions.
MENTIONED IN THIS ARTICLE
IRS
Sit
Tax Court
Also Mentioned on This Page
Franklin Furniture
Business Digest
Kirk Kerkorian
Columbia Pictures
Kerkorian
Columbia
United Artists
Heaven's Gate
Andy Albeck
Norman Auerbach
At&t
TRW Inc
Chesebrough-Pond’s Inc
Chubb Corp
Bache Group
Allen
Allen Tool Corp
General Motors Corp
Allen Tool
Smith Street
Maltbie St
Delco
Rochester
Delaware
Pierre S. du Pont IV
Franklin Furniuture
Max Franklin
Donald Klein
Wilbur Liberman
Ord
NiMo
Joseph A. Porcello
National Association of Home Builders
Michael Sumichrast
By Sylvia Porter
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!