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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Mar 04, 1973

Page

1

Banks Asset Rise in January in Syracuse Area

Savings banks in Syracuse reported total assets of about 100 billion at January end per the Savings Bank Association of New York State. They increased by 6.361 million that month with more funds flowing into housing loans and local finance. In January 1973 banks issued new mortgage loans totaling 577 million, up 220 million from January 1972.

Syracue Savings Bank Association of New York State Aiment Association »Aid

Upstate banker investments pay off in a sector merge

Harry S. Pack, Long Island University business law professor turned bank chairman, built a regional banking network via acquisitions. He took control of the Bank of Philadelphia NY and the First National Bank of LaFargeville, renaming them Jefferson National Bank and linking them under one holding. He then moved into municipal bonds, forming a Wall Street bond operation.

New York Times Harry S. Pack Long Island University New York Pack Academe St Lawrence Seaway Wall Street Harry Pack Waddington Bank Bank of Philadelphia Jefferson National Bank Jetterson Salon Municipals

Rockwell firms approve merger to form Rockwell International

Rockwell Manufacturing Co with about 700 in Syracuse links with Rockwell International Corp after stockholders approve merging and adopting the new name. North American Blackwell Corp stockholders also approve the merger and rename to Rockwell International. The deal exchanges 11 Rockwell Manufacturing shares for each Blackwell share as part of the consolidation led by Willard Rockwell.

Rockwell Manufacturing .Co Syracuse Rockwell International Corp Blackwell Corp Rockwell International Couch Rockwell Manufacturing Willard Rockwell Rockwell Internatinal Chatman Chic Evecutne

Rockwell realigns units into five product groups

Markel notes earnings outlook for 1973 as Rockwell International preserves four existing market groups Aeros pace Automotive Electronics and Industrial Products. Rockwell Manufacturing will run as a fifth Cults and Consumer Products Group with 5 n Pstia continuing as president and corporate vice president.

Rockwell International Vail Rockwell Aerospace Rockwell Manufacturing BOA Tours Flow Comrel Emment Cults and Consumer Products Pstia We How Bel Colksiddae

Stock Averages Dip Amid Mixed Market Signals

A murky trading session saw stock averages drift as investors weighed uneven earnings and macro data. Traders monitored momentum in tech and financials while caution kept gains slim and volatility elevated.

Weekly NY Stock Report Teases Market Swings

A brief stock roundup hints at weekly market movements and notable shifts in key indices. It references trading activity, potential gains, and the mood of investors amid a volatile session.

Dollar slumps in Europe amid post devaluation fears

President Nixon sought to reassure markets at a press briefing claiming the dollar would survive the recent surge of speculation and that there would be no further devaluation. Analysts note the dollar appears overvalued while American policy shifts loom, with time needed for confidence to return and for traders to buy into restrictive policies and potential trade negotiations.

Hrans Nuxon Ee Ee Mowey

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