Mixed New York Stock Exchange closes lower after rally
NYSE closes mixed after yesterday's rally as gains fade. Dow dips 1.24 points, while several industrials trade with slight gains and losses amid a broad market pause. Major movers include Chrysler, Ford, Texaco, and International Business Machines with varied price changes.
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SCM protection speedup urged in Washington letter
Rep Gary Lee of Dryden urged Commerce Secretary Baldridge to accelerate the review of Smith Corona Marchant’s request for protection against Japanese portable topwriter dumpers. He cited 700 layoffs at SCM’s two Central New York plants as proof the industry can’t wait, while Commerce notes the review is proceeding and dumping rulings typically come in spring.
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Terence J. Kivlan
Newhouse
Washington
SCM
Gary Lee
Dryden
Department of Commerce
Smith Corona Marchant Corporation
Commerce
Malcolm Baldridge
Lee
New York
Baldridge
U.S
Smith Corona
Republican club to honor Rep. Lee at Westhill reception
The Nine Mile Republican Club will present its first Distinguished Government Service Award to Congressman Gary A. Lee. Club President Fred Marty said the reception will be at Westhill Country Club from 8 to 11 p.m. Friday, April 16, with tickets at $5 available from Vice-President Edward Patrick or at the door.
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Nine Mile
Republican Club
Gary A. Lee
Fred
Marty
Westhill Country Club
Edward Patrick
Mayor Signs Training Contracts With City Agencies
Mayor Lee Alexander signed Syracuse Employment Training Agency contracts to provide on-the-job training for seven unemployed city residents and occupational training for 23. Two Powelson Business Institute contracts totaling $50,855 fund 23 personal skills lessons, with eight to complete 30 weeks for accounting jobs. A separate Powelson contract funds 12 weeks for 15 people to become bank tellers.
MENTIONED IN THIS ARTICLE
Lee Alexander
Syracuse Employment Training Agency
Powelson Business Institute
Powelson
Top contenders at Motorama in Northeastern Division battle
The 22nd Syracuse Motorama hosts a head-to-head clash among Northeastern Division leaders for first place in the Winston Championship Auto Show Series. London Ontario results lift Jackie Brown’s Oshawa Beaumont to 1st with 648 points, edging Tony Federlein’s 1927 Ford Roadster at 645. Al Davis Jr.’s 1965 Dodge pickup slips to 3rd as Demetrios Koroneos and Gary Berger loom in 6th and 7th.
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Ford
Dickson City
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Anheuser Busch Foundation Donates to Upstate PICU Fund
Anheuser Busch Brewery Baldwinsville donates 2000 dollars to the Upstate Medical Center Foundation fund drive for a seven bed pediatric ICU. The gift raises the total to 680000 dollars as the foundation aims for one million to build a permanently staffed unit serving a 15 county area.
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Upstate Medical Center
Anheuser-Busch Foundation
Daniel Uzelae
Anheuser- Busch Brewery
Baldwinsville
Upstate Medical Center Foundation
Otto T. Nonnenmann
New York
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