Dollar climbs as oil fears ease and markets rally
London and New York report stronger dollar moves against major currencies while gold prices slip. Tokyo closes with yen at 225.25 per dollar as oil embargo fears recede. IBM antitrust suit may narrow scope in a judge led conference. Conrail sale delayed to June 1 1982 per Senate accord. House pushes extra funding to 1983. White Motor to sell heavy truck assets to Volvo for about 75 million. Dominion Securities Ames formed from two Canadian dealers. Japan urged to ease trade barriers to avert European curbs.
MENTIONED IN THIS ARTICLE
London
United States
Tokyo
Europe
Zurich
Hong Kong
New York
Commodities Exchange Inc
Republic National Bank
Comex
Justice Department
International Business Machines Corp
U.S
David N. Edelstein
Edelstein
William H. Baxter
Thomas D. Barr
IBM
Washington
Reagan
Conrail
Senate Commerce Committee
Bob Packwood
R-Ore
House Energy and Commerce Committee
Norman Lent
R-N.y
James Florio
D-N.j
White Motor Inc
AB Volvo
White Motor
Volvo
New River Valley
Ogden
Utah
Eastern Milk Producers raises dues to 14 cents a hundredweight
The Eastern Milk Producers Cooperative Association votes to raise member dues from 10 to 14 cents per hundredweight starting July 1 after defeating a $25 monthly levy and a five-cent per hundredweight new member fee. The 59th annual meeting at Hotel Syracuse closes with plans to elect officers and monitor federal dairy policy while noting successful joint ventures with Leprino Cheese Co. and mozzarella plant operations.
MENTIONED IN THIS ARTICLE
Joseph A. Porcello
Eastern Milk Producers Cooperative Association
Dairy Cooperative
Eastern Milk
Syracuse
Eastern
Michael H. Donovan
Stanley Korona
Amsterdam
Bastern
Leprino
Korona
Commodity Credit Corp
Inflation luck not likely to hold, say economists
Government economists warn recent slow inflation may not last. They expect later in the year a higher rise in price indexes, with underlying inflation near double digits and energy and housing costs driving much of the gain, despite some progress from monetary restraints.
MENTIONED IN THIS ARTICLE
Peter
Nagan
Newhouse
Washington
Federal Reserve System
Net
Reagan
Bickerton to head Crucible Specialty Metals Division
Warren T. Bickerton of DeWitt named president of Calt Industries Crucible Specialty Metals Division in Syracuse. He has been vice president finance since 1968 and succeeds Vincent H. Callahan, now group vice president at Colt Industries.
MENTIONED IN THIS ARTICLE
Warren T. Bickerton
DeWitt
Calt Industries
Crucible Specialty Metals Divison
Syracuse
Bickerton
Vincent H. Callahan
Colt Industries
Crucible
Pittsburgh
Midland
AT&T Raises $940.5 Million in Record Equity Sale
American Telephone & Telegraph sold 16.5 million shares in the largest equity sale to date, raising $940.5 million with proceeds potentially topping $1 billion. The shares were underwritten and re offered to the public at $57 each, selling out, with AT&T pricing just $1.25 below the year's high.
MENTIONED IN THIS ARTICLE
New York
American Telephone & Telegraph Co
Telephone Company
At&t
Davis Twins Echo Syracuse Businessman Tale
Marvin L. Davis of Syracuse and Marvin Davis of Denver share names, backgrounds, and SUP ties, but differ: the Syracuse figure runs Barons Yogurt bars and once eyed a Northeast Merchandise Mart, while the Denver buyer snapped up Fox Film for 800 million. Davis says the merchandise mart lacked interest and support.
MENTIONED IN THIS ARTICLE
Jack
Syracuse University
Marvin L. Davis
Syracuse
Denver
20Th Centrary Fox Film Corp
Marvin Davis
Davis
Shoppingtown
Job hunting as a real daily job urges the longterm unemployed
A Census Bureau survey shows 65 percent of 1972 job finders spent under five hours weekly seeking work while 13 percent put in 16 hours or more. About 8 million unemployed include many long term jobless lacking training and support, prompting a national push for training programs like The Job Factory in Cambridge.
MENTIONED IN THIS ARTICLE
Census Bureau
Office of Manpower Affairs
Cambridge, Mass
Job Factory
Wagmann
Also Mentioned on This Page
Business Digest
TBM
Dominion Securities Ames Ltd
Dominion Kanelifog Ltd
A. E. Ames &v
Bonn
Japan
West Germany
Anthony Schleiser
Hartwick
Schleizer
Otsego County
Robert Haynes
Tully
Hastern
Pennsylvania
C. Lee Greewalt
LaVerne McCarty
Daniel Fox
Norman Fyock
Junior Achievement of
Onondaga County
RALIN
James Greco
General Electric Co
Donald Nash
Richard Robin
Frederick Altrieth Jr
The
Herald-Journal
Exlaw
Robert Wagmann
University of Houston
By Sylvia Porter
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