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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Jul 08, 1983

Page

26

Banks seek to let state banks underwrite securities sparking debate

The FDIC proposes allowing nearly 9,300 banks to underwrite securities if they create separate subsidiaries Glast-Steagall lines would blur between commercial and investment banking, drawing sharp criticism from ICI president David Silver and concerns from Capitol Hill Senator Jake Garn noting Congress weighs options but finds the plan extending beyond current consideration.

Capitol Hill Federal Deposit Insurance Corp Glass-Steagall David Silver Investment Company Institute Silver Insurance Corporation Jake Garn Utah Senate Banking Committee Congress

Ford delays Lincoln Continental and Mark VII debut

Ford Motor Co will postpone the 1984 model Lincoln Continental and Mark VII luxury cars due to quality problems with shared components. Gordon MacKenzie, Ford VP, said the two vehicles will debut in early November instead of September 22. The cars are built at the Wixom, Michigan plant.

Ford Ford Motor Co Gordon MacKenzie Wixom Mich

Switz’s to break ground on expanded South Bay store

Switz’s will break ground next week for a 40 000 square foot addition at its South Bay Road site, doubling sales space and creating 100 new jobs. Groundbreaking is at 10 a m next Thursday across from the current store in the shopping center between South Bay Road and Route 11.

Switz's South Bay Road Switz Route 11 Bert Schmidt Switz’s Dal Pos Skaneatetes

Dollar Mixed as Gold Gains Amid Fed Rate Hopes

Persistent U.S. credit anxieties press the dollar on European markets while gold climbs. Traders weigh Fed discount-rate hike as the dollar rises to 2.5730 marks and the pound hits 1.5425, with gold around 422.70 to 425.50 per ounce and silver near 12.01 in London.

U.S U.S. Federal Reserve Tokyo Europe London Zurich New York Brazil Handy & Harman Klong Kong

AT&T stock faces short term dip ahead of 1984 break-up

Merrill Lynch analyst Leonard S. Hyman says AT&T common stock has underperformed this year but could rise to the 80s in 1984 after the antitrust settlement spurs the eight-split reorganized firms. Uncertainties include American Bell operations and regional unit trading history.

American Telephone and Telegraph Co Leonard S. Hyman Merrill Lynch At&t Western Electric Bell Labs American Bell Hyman Ma Bell Dow Jones O.K

New York Stocks End Week Mixed On July 8 1983 Trading

Nationwide composite prices for American Stock Exchange listed stocks show mixed movement with notable entries from Adams Rest, Adobe Ol, AmMd Bldg, Pat, and Ford Canada. Several firms display minor gains while others slip, reflecting a cautious session amid ongoing market fluctuations.

New York Nel American Stock Exchange Acton Adams Bob AdmRus Asamera Bergen Bownee Caressa CMI Us Digican Petra Bucoma Us&r Elsinore Co Erresta Warm Falmont Fswork BO FisherPrt Forest Aes Tn Granger Guilford

New York Stock Prices Stand at Close on Friday May 8 1983

UPI reports selected nationwide composite prices for NYSE stocks. The list shows varied gains and losses across many names including diverse industries and major corporations such as Boeing, Bethlehem Steel, Citicorp, and Coca Cola, reflecting the trading activity of the day.

New York UPI New York Stock Exchange Les. Net Tha Lasrwig Adbonilos Aeinali Allied Alcos Ae‘pwr AmHolst Cu Ahorme Am Motors Amras Astores BakerIna Bakar Berns BevivEn Black&d Boeing Det BolseCe Borden Ba Borgwer Uss BostEd Brigas Brunswick Bucyrus ChiGas

Markets steady after Fed rumors and gains trim

A largely flat session saw the Dow rise to 1212.14 in early trading while the NYSE composite edged up 0.01 to 97.21 and Amex down 0.35. Unemployment dropped to 10.0 percent in June as rumors of a Fed rate hike and Brazil debt troubles faded, leaving investors cautious ahead of the Fed money supply report.

Federal Reserve Brazil Fed NYSE American Stock Exchange Amex

Also Mentioned on This Page

Err Albany Savings Bank of New York Auburn Savings Bank of Auburn Manhattan Banker's Trust Albany Fulton Savings Bank Geddes Fed S&l Goldome Key Bank Lincoln First Hanover Marine Midland Merchants Oneida Valley National Onondaga Savings Sondon Federal S&l SAF Skaneateles Savings Solvay Bank Syracuse Savings New Orleans Schmidt Pennsylvania Canada Richmark E. Genesee St. Wites Homeowhersss Granite Financial Corp Vartanig G. Vartan New York Times Service GuitCdadd Health Chm Keizer Hormel HornHd Healt HuskvOl Instrum Sys Intaort Egg IntBkal InGentri Intariee DS JacobEn KevPar Kirby Exole Lakesar Mr A Lurta & Son Macradyn Matrix MCO Holdg A Mitchell Numar OG Ookies PaliCoro Ano PeriniCo BO Jel Petro Lewis Ransbro Resortinn RylandGr Sage Enruy Sue Capital Selscom Oiltron Dev Spectro TiData Bamba Teledex Verniten Warntm BRM Vince Weourne Winne Eng Ab CacaCol Col Gas Crm Carnel Crownzell i Prue Bskt Doz Ath Arge Fis White An 'Aeay Saedlass Ibe Thorgpian Secale Ibs Donnydew Gail Wney Vectannes Maybelle Issein Fancy Naval Valencias Georgia Cait Pt Oan Antatraudean Chareston Gray Grimeon Sweet N.J Bok Savoy N.Y Ohio Calif Lars Ariz N.Y. Leal Tion Texas Noji Curly Pickles Sirinas Idaho Ohta Greathouse Dana Gamal Dayea Davion PL Deere Delta AlrLi Dennish Diebold Disney Dow Ch Dowdnes DravoCo Gresser Duke DuPont DuaneLite Easco Eastern Air Eskodak Esmark Ethyl Exceio Exxon Ea Ees Faberge Farah Va Ferro Te Fleming FluorCo Ford Motor Fortick Gannelt GenPup Gtire Ga Pac Gerber Getty Gillette Global Gdrich Gondyr Gracew Great Arp GriNoNek Gwstfal HarssCp HamaHnk Hecia Minig Heintz Hercule Hersnf Howitt Hiltonh Holland Homestic Honewil Houstin Eel Mmic Idahop idesiBa JenLogn Jostens Jovamy Kaiser al KanGt KanPl Kennmit Kerrie Kidde Kimeix KLM Kmart Knotir Wilia Dean Witter Reynolds Laatchy Coltind Cooparing Gouldx KomperCorp Gen Ins. Corp Ask Koovers Kroger LearSig Lee Ent Lilemrk LoneSir MacMil Og Mervin Massay Mead Mere Lynch MiddSeu MobilCorn Nortons de la Norwst Mo ChioEd Paolignin 3d Pan Am Air Panhd Renney Pennzol Alse Tq PeopleEn Fiuf PepsiCa Phelps Oge RCA GA Reynglds Ullte Robshn RohGas Rockwell Satway Santa Fe Scherng Dbla Ta Schimbg ScotPaper E Seagram Sears Shaklee Sheilor Sierra Signal Singer Sony SoCaroe Socale Southa SoPac Swsibo Sperry Squibb Socal Siqioh SleriOg StewWn Ba Sun Co Sunshine Sysco Tandy Ta Teledyne Va Ta Tenngo Texaco Varian Waterman Iy Warnerc Westrn Aitl Warion Westhe Wsivac Td Weyrns Whincot Whisker WIT Co WinnGs Woolwh Rabbba Boston Op Keinstim el Aaymant Midwest
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