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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Jul 11, 1983

Page

15

New York Stocks End Mixed On Monday Outlook

Nationwide stock list shows varied gains and losses across NYSE components. Notable movers include AmCan, Boeing, Chrysler, and Citigroup peers with price shifts reflecting market uncertainty. Investors monitor energy and industrials while tech remains subdued.

YORK UPI New York Stock Exchange AlliedSt Allis Orang AmCan Armeo Asarco Brunswick Bucyrus CBS DO Chris Craft Chrysler

Market gains lift as Dow climbs on money supply news

The Dow Jones industrial average rose in early trading aided by better than expected money supply data. Gains led NYSE issues two to one as the Fed reported a $3 billion drop in the money supply, softening expectations of rapid tightening. Baldwin United slid after reporting a $617 million quarterly loss while Chrysler advanced slightly amid Iacocca signaling his plan to stay with the company.

Federal Reserve Wall Street Fed Baldwin United Chrysler Lee Iacocca NYSH American Stock Exchange International Business Machines Schlumberger American Telephone & Telegraph NYSE

World debt crisis challenges major banks and lenders

A global debt crisis threatens the solvency of multinational banks as developing nations accumulate about 700 billion dollars in loans. Debtors and creditors seek renegotiation while fearing wider bank failures, with Volcker warning tough strains could stall world economic recovery. Banks push for growth despite critics alleging greed.

Latin America Africa Asia United States Federal Reserve Paul A. Volcker Martin S. Feldstein Reagan Benjamin Franklin Morgan Guaranty Trust Co New York

Firm renames to Finnegan Lyon and Houseworth P C

Finnegan Lyon Colburn P C of Syracuse will be Finnegan Lyon and Houseworth P C Maurice J Finnegan Jr says John T Houseworth named director overseeing projects and personnel and becomes partner joining Finnegan and Douglas H Lyon in leadership roles The change emphasizes services to health care facilities and project management duties.

Finnegan, Lyon & Colburn, P.C Finnegan, Lyon & Houseworth P.C Maurice J. Finnegan, Jr John T. Houseworth Finnegan Douglas H. Lyon

Dollar Gains in Europe as Gold Prices Rise Across Markets

The dollar strengthened against major European currencies amid expectations of possible U S credit tightening after a large drop in money supply. Gold prices rose with dealers noting Fed Open Market Committee signals ahead, while bullion rates shifted across New York Zurich London Hong Kong.

U.S Frankfurt U.S. Federal Reserve Open Market Committee Open Market Tokyo Europe London New York Handy & Harman Zurich Hong Kong Gala

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