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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Jun 26, 1984
Page
19
Market tidbits show varied quotes for WA fancy deli items and related goods, with numerous price ranges and product descriptions. The page lists assorted consignments such as golden delis, red descour trays, and Valencia items, plus bags and miscellaneous commodities with fluctuating per unit prices and 100K quantities noted in places.
Stocks were mixed in a light trading session as banks lifted the prime rate to 13 percent. The Dow edged down 0.55 to 1130.52 while transportation and utilities rose. the NYSE composite fell 0.25 to 88.81 and volume slowed.
As of 14 39 a m today prices for selected stocks on the New York and American Stock Exchanges are shown in a compact table. The data includes bid and last prices with brief changes and notes from market sources.
Condominiums have grown in popularity in the American market, appealing to both young buyers seeking tax and investment benefits and older residents wanting less upkeep. Investors use condos as second homes or rentals, but buyers must inspect the master deed, bylaws, and the association budget, considering limits on renting, rules on exterior paint, and potential special assessments.
The dollar fell versus most major currencies in European trading as traders booked gains after Monday’s surge to record highs against the British pound and Canadian dollar. Dealers cite tax relief prospects for foreign investors and higher U.S. rates as fueling the rally. the Canadian dollar traded at a fresh peak near 1.31285 versus the greenback.
The Civil Aeronautics Board again blocks Air North of Burlington from obtaining additional subsidies for servicing Watertown Ogdensburg Massena Saranac Lake and Plattsburgh through February 1982. Air North sought $1.3 million more to cover losses before exiting the North Country market. The CAB ruled Air North would receive no more money beyond the nearly $15 million already allotted, noting pressure to accept a lower subsidy came from the competitive process, not from the board.
Don & Bradstreet reports the weekly business failure index fell to 84.9 on June 15, the lowest since its 1983 inception. The nine week drop suggests a sustained downturn after four years of rapid failure growth, with Duncan noting the overall trend appears to continue.
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