Policy Conference outlines Ag and Markets 1984 outlook
The State Farm Bureau policy conference in the Sheraton Inn near Liverpool featured Joseph Gerace outlining Ag and Markets in 1984 with Rep. Jack Kemp addressing budget taxes and spending. Also discussed were farm issues workshops and state issues panels led by industry leaders. Norstar Bancorp reported rising six month and second quarter net income with acquisitions of Bank of Commerce and Northeast Bankshare Association. Money market funds recovered from a 31 week decline while Niagara Mohawk offered two million shares to finance construction and reduce debt.
MENTIONED IN THIS ARTICLE
State ‘Department of Agriculture & Markets
State Farm Bureau
Sheraton Inn
Liverpool
Joseph Gerace
Cuomo
Ag and Markets
Jack Kemp
Buffalo
Robert McGuire
Charles Wille
Resolutions Committee
Davor Conover
Moe Chapin
American Farm Bureau Federation
Bruce Hawley
Norstar Bancorp
Norstar
Bank of Commerce
New York City
Commerce
Northeast Bankshare Association
Maine
Syracuse
Utica
Albany
Long Island
New York
Hudson Valley
Investment Company Institute
Reg Green
The
Money Market
Niagara Mohawk Power Corp
Merrill Lynch White Weld Capital Markets Group
Saloman Brothers
Bank customer rate notes vary by institution
The article explains that customer rates differ across banks and provides approximate figures. It notes variability between lenders and cautions that listed rates are rough estimates rather than fixed quotes.
Goulds Pumps lays off non union workers amid slow orders
About 70 non union employees at Goulds Pumps Inc in Seneca Falls received layoff notices due to continued slow order activity in the industrial pump sector. Total salaried non union staff affected reach around 150 across Seneca Falls and other plants, with worldwide layoffs near 800 employees.
MENTIONED IN THIS ARTICLE
Goulds Pumps Inc
Brien B. Rogers
Water Systems
Rogers Rogers
Goulds
Texas
California
Tec
Vincent A. Napolitano
Rogers
Seneca Falls
Major industrial firms report earnings up in second quarter
General Electric Co and Allied Corp plus Carroll Corp show earnings movement in quarter. GE posts 12 percent profit rise to $521 million, sales at $6.72 billion with gains in high tech and durable goods. Allied’s profit falls to $106 million as sales dip to $2.62 billion amid Bendix and Martin Marietta adjustments. Carroll Corp, rebranded from Carrols, earns about $3 million net on $83 million revenue, plans expansion of Burger King and Jo-Ann shops, eyes doubling income in three years.
MENTIONED IN THIS ARTICLE
General Electric Co
Allied Corp
Carroll Corp
Syracuse
Utica
Auburn
Allied
Bendix Corp
Martin Marietta Corp
Martin Marietta
Herbert N. Slotnick
Carrols Corp
Slotnick
Carrols
Burger King
Jo-Ann's
Nut House
Maine
Florida
Carroll
U.S. Economy Signals Recovery With Inventory, Jobs Boost
Inventories rebuilt in May as sales surged while unemployment claims fell to 392,000 for the week ended July 2, the lowest in nearly two years. June oil consumption rose 2.4 percent from a year earlier, auto sales jumped about 50 percent, and retailer sales grew 0.7 percent in June. The Fed faces deficit worries as Volcker cites budget gaps as risk to growth.
MENTIONED IN THIS ARTICLE
Labor Department
American Petroleum Institute
Edward Murphy
U.S
Federal Reserve Board
Paul Volcker
Fed
Senate
Senate Banking Committee
Federal Reserve
Volcker
Investment Company Institute
Money Market
Donoghue
Money Fund Report
Ward
Automotive Reports
Longley Jones Contender For Coldwell Banker Franchise
Longley Jones Associates of Syracuse is among leading candidates for a Coldwell Banker residential real estate franchise. Coldwell Banker, now part of Sears, Roe Buck & Co., has discussed a presence in Central New York with major area firms since March. No agreement yet. Watertown and Binghamton franchises exist.
MENTIONED IN THIS ARTICLE
Longley Jones Associates
Syracuse
Coldwell Banker
Sears, Roebuck & Co
Sears
Allstate Insurance Cos
Dean Witter Reynolds
John Piper
Greater Syracuse
John Gallinger
Gallinger Real Estate
Better Homes & Gardens
Coldwell
Binghamton
George T. Decker
Watertown
Armada Realty
Finn
Longley Jones
Syracuse Securities
Century 21
ERA
Realty World
New York State
Stock mutual funds regain prominence after bull market surge
Mutual funds in stock pools rose 60.7 percent to 70.7 billion dollars by May as the bull market attracts thousands of first time investors. Industry data show top funds more than quadrupling since last August, with newbies flooding fund managers’ switchboards seeking guidance and aiming to diversify retirement accounts.
MENTIONED IN THIS ARTICLE
Wall Street
Investment Company Institute
American Express Co
Alleghany Corp
United States
Alfred P. Johnson
Institute
Treasury
Lipper Analytical Services
Standard & Poor
Lipper Analytical
Intel
1State
Also Mentioned on This Page
Farm Readers
NiMo
Solvay
Pratt & Whitney
United Technologies Corp
East Hartford
Conn
Eee
Rmah Fidelity
Pax World Fund
Armaments
Sebmeat
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