Southern Industrial Banking Corp seeks bankruptcy reorganization
C.H. Butcher Jr. Southern Industrial Banking Corp filed for reorganization under U.S. bankruptcy law reporting nearly 50 million owed to investors and 48 million in loans outstanding. About 4,900 certificate holders and 2,600 passbook depositors form most unsecured creditors. loans are largely secured with up to 10 year maturities.
MENTIONED IN THIS ARTICLE
C.H. Butcher Jr
Southern Industrial Banking Corp
U.S
Southern Industrial
Savings and Loan Company
Persona income scale WS Ontio TM Buona ai wh Cuerp ae Butte at
A brief OCR fragment notes terms like Persona and income scale linked to locations and entities including Ontio and Butte. Readable facts are sparse. no clear event or outcome is evident to confirm a full item.
MENTIONED IN THIS ARTICLE
Ontio
Buona Ai
Cuerp
Butte
How Are You Doing How Counts By John Cunife
AP Business Analyst John Cunife probes the gap between macro statistics and individual experience. He notes unemployment at 10.4 percent, seasonally adjusted figures masking personal hardship, and argues that only individuals can truly measure their own financial well being beyond broad economic readings.
MENTIONED IN THIS ARTICLE
John Cunifé
Europe retraining jobless amid postwar unemployment surge
Western European nations expand job retraining to combat high unemployment. West Germany spends over 400 million to retrain 40 000 plus, France enrolls 2.5 million with 88 percent employed, Austria, Belgium and Switzerland also invest. Japan faces critique that training lacks practical on the job use.
MENTIONED IN THIS ARTICLE
West Germany
France
Austria
Belgium
Italy
Fiat Auto
Giorgio Zanutto
Switzerland
Japan
Denmark
Europe
United States
Reagan
Congress
Wilfried Malcher
Employers’ Association
1G Metall
Yoshikatsu Matani
General Council of Trade Unions
H J Howe building renovation begins
The former H J Howe jewelers building at South Salina and East Washington streets is being converted into offices and a restaurant. The Railroad Street Partnership owns the property, with a $600000 construction loan from Chemical Bank and $1660000 in SIDA revenue bonds planned to finance the project. The restaurant, run by Bradford Tiffany, will focus on seafood and chicken and may let diners select wine from a cellar. Upper floors will become 31200 square feet of Class A office space.
MENTIONED IN THIS ARTICLE
H.J. Howe Jewelers
Railroad Street Partnership
Chemical Bank
Robert E. Koedermer
Syracuse Industrial Development Agency
Redormer
Bradford Tiffany
DeWitt
Tiffany
South Salina
East Washington Streets
H.J. Howe Inc
Shoppingtown
Bethlehem Steel rejects plan to save Lackawanna jobs
Bethlehem Steel Corp rejects a cost cutting proposal that would have saved 7300 basic steelmaking jobs at the Lackawanna plant. Officials say even with union concessions the plant is too costly to keep open and the firm will cut back operations while maintaining a galvanizing line and a bar mill. The company cites millions needed for modernization and ongoing capacity excess.
MENTIONED IN THIS ARTICLE
Bethlehem
Bethlehem Steel Corp
Lackawanna
Thomas Radich
Bethlehem Steel
Walter F. Williams
United Steelworkers
Mitchel F. Mazuca
USW
Johnstown
Williams
Bethlenhem
Union Workers Strike At Utica Cutlery After Rejected Offer
About 105 United Steel Workers members walked out at Utica Cutlery today after rejecting a contract that would cut wages by 5 percent and raise health insurance deductibles. The USW offered to extend the contract with no changes, while the company blamed the recession and weaker demand for its pay cut proposal.
MENTIONED IN THIS ARTICLE
Utica
The
United
Steeel
USW
Congress rows party lines on farm credit relief push
Republicans join Democrats on the House Agriculture Committee to back an emergency farm credit package aiding Farmers Home Administration borrowers amid low incomes and depressed prices. The bill seeks loan deferrals and rescheduling with higher lending limits, despite a looming veto from President Reagan.
MENTIONED IN THIS ARTICLE
Reagan Administration
Congress
Thomas Coleman
Coleman
House Agriculture Committee
Senate Agriculture Committee
Kika de la Garza
Texas
House Committee
de la Garza
House
Senate
Agriculture
John Black
Reagan
Black
James Johnson
Farmers Home Administration
USDA
Fmha
Also Mentioned on This Page
Subaru
Subaru of America Inc
Susanne Curry
Curry
IBM
International Business Machines Corp
Cybernex Corp
San Jose
Cybernex
Netherlands
Chrysler
Moody's Investor Service
New York
Chrysler Corp
Moody’s
Kenneth Pinkes
Moody's Industrial Research
Persona! Income
Pte
Djfmamjiason Th
Unem
Chicago
Amjja
Tamara Jones
Associated Press
Aseroni
Frankfurt
H.J. Howe
Block
County Loan Committee
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