Farmers and consumers face real changes in agriculture policy
In Syracuse a forum with about 60 farmers, cooperatives, and state officials debated the Reagan plan to cut price supports and shift to a market oriented farming system. Joseph Gerace warned that reduced farm income could raise food costs for consumers, while Clyde Rutherford questioned budget cuts that lower living standards for American farm families. The NY Farm Bureau urged a long term adjustment policy without large loan programs.
MENTIONED IN THIS ARTICLE
Syracuse
Agriculture Department
Reagan
Clyde E. Rutherford
Dairylea Cooperative
Washington
America
Rutherford
Joseph Gerace
Gerace
U.S
New York Farm Bureau
Philip Griffen
Layoffs loom at Carrier amid planned room AC phase‑out
Carrier Corp will lay off 41 hourly workers on Monday as part of a planned phase-out of its Thompson Road room air conditioning unit. Salaried staff have already been cut, and most layoff activity is expected in March. The union has three days notice, but it is unclear which workers will be cut. Also noted are awards for industry figures and stock moves tied to media and defense contracting news.
MENTIONED IN THIS ARTICLE
IBM
Ohio S and L bill allows reopenings and deposits
Ohio legislators passed a bill allowing 69 savings and loan associations closed by Gov. Celeste to reopen and give depositors 750 per month for 30 days. The governor signed the measure after earlier closing 70 state chartered thrifts to halt runs. Some institutions could reopen today with FSLIC-related conditions and state approval.
MENTIONED IN THIS ARTICLE
Columbus. Ohio
Richard Celeste
Celeste
Robert D. Nettle
House Finance Committee
S&ls
Senate
House
Federal Saving and Loan Insurance Corp
Cincinnati-area
Savings and Loan
FSLIC
IBM ends PCjr production to finish in April
IBM will stop making the PCjr, its home computer, in April after a 16 month run marked by a Christmas sales spike and a collapse in demand following a Feb 1 price hike. About 240,000 units sold. software, cartridges, spare parts to continue.
MENTIONED IN THIS ARTICLE
International Business Machines Corp
Armonk
N.Y
IBM Admits PCjr Failure After Keyboard Fiasco
IBM acknowledged the PCjr’s downfall, noting its limited memory and weak power compared to the PC. The decisive flaw was the Chiclet shaped, infrared keyboard which was easy to steal, leading to buyer wariness and eventual market exit for the PCjr.
New York Agriculture 2000 predicts future in out-of-state markets
The Agriculture 2000 report urges stronger research, development, education, and marketing to modernize New York farming. Gov Cuomo backs a permanent advisory council a research fund and a product quality and market development program as the industry shifts toward external markets and higher efficiency. Dairy sectors face Midwest and West competition with emphasis on specialty cheese and butter markets.
MENTIONED IN THIS ARTICLE
Albany
Mario M. Cuomo
Agriculture 2000
Midwest
State tax cut plans seek shift from one pocket to another
Gov. Mario Cuomo and lawmakers chase a staged personal income tax cut as April 1 nears. Cuomo proposes a three year plan totaling 320 million, 600 million, and 1.2 billion in its final year, with rate cuts from 10 to 9.5 percent this year and to 9 percent in 1987, plus exemptions, brackets, and credits to lift about 500,000 from taxation. Republicans counter with a five year plan matching some cuts but delaying them and adding other rate reductions. Both seek to trim earned and unearned income taxes and limit new fees, aiming for about 1.5 billion in annual savings when fully in place.
MENTIONED IN THIS ARTICLE
Albany
Mario Cuomo
Cuomo
Senate
Assembly
Charles Dumas
GOP
Dumas
Also Mentioned on This Page
Bill Crozier
Farm Bureau
Phil Griffen
Farm Fo
Farm Forum
Berald-Journal
Allies
Nednesday
Golubjatnikov
U.S. Defense Department
Data Processing Association
LeMoyne Manor
General Electric Co
Military Electronics Systems
Electronics Park
Association
Capital Cities
ABC
Storer Communications
Storer
Treasury
Ohio
Ohio Savings, Loans
Home State Savings Bank
Home State
ESM Government
Sepmanes Inc
Fort Lauderdale
Moneylist
Knight-Ridder News Service
Pcjr
New York
Geoffrey Taylor
Associated Press
Warren
Anderson
Binghamton
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