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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Mar 26, 1985

Page

13

Nissan Sentra now U.S.-made in Smyrna plant debut

Nissan begins U S production of the Sentra at the Smyrna, Tennessee plant where 150,879 light trucks have rolled off since opening nearly two years ago. Analysts warn Japan may limit exports to avoid stricter U S quotas, while rivals Honda Toyota and Mazda expand U S capacity to meet demand and quotas.

Smyrna Tenn Nissan Japan Toyota Honda United States Congress U.S Phillip Fricke

James H. O'Connor obituary published in Syracuse Herald Journal

A concise obituary notice appears in the Syracuse Herald Journal dated Tuesday March 26 1985 announcing the death of James H. O Connor. The brief notice provides essential biographical context and identifies surviving relatives and services.

Wall Street tracks ABC merger amid trading surge

The New York Stock Exchange launched routine analysis of American Broadcasting Cos. and other media stocks after a sharp price and volume rise. ABC announced a $3.5 billion merger with Capital Cities Communications. The exchange seeks signs of possible unfair profit or insider knowledge.

New York American Broadcasting Cos. Inc ABC Capital Cities Communications Inc Richard Torrenzano Exchange

Deficit on rise Fed held steady as auto sales climb

The U S budget deficit runs 11.7 percent ahead of last year with a 20.8 billion February shortfall. The Fed’s Open Market Committee meets to weigh policy as economists expect a hold. Major automakers report a 5 percent mid March sales rise from a year earlier aided by incentives, with 273 451 vehicles sold in the March 11 20 period.

General Electric Co Philadelphia Inquirer The Inquirer King of Prussia U.S the Inquirer Pentagon Fed Treasury Department Federal Reserve Board Reagan Federal Reserve Federal Open Market Committee Ohio Commerce Department FOMC Wall Street

Local gasoline prices rise faster than national average

In Central New York, wholesale gasoline costs have climbed four to eight cents per gallon in the last month, while statewide unleaded averages rose to 1.197 per gallon in February. Analysts say prices will keep rising 1 to 2 cents weekly for 30 to 90 days as OPEC keeps crude exports steady, with local station owners blaming upward shifts on corporate profit needs and market dynamics.

Dan Lundberg Bob Kelly Service Station Operators Organization New York Tuter Lundberg OPEC United States State Energy Office Syracuse Kelly Chip Searle New York State Energy Office

Cooper bids higher for McGraw-Edison in surprise move

Cooper Industries offered 65 dollars a share for McGraw-Edison valuing the company at 1.4 billion, aiming to defeat Forstmann Little and Co. which offered 59 dollars a share or about 1.3 billion. Analysts called the bid surprising and potentially logical though very large for Cooper, noting the deal implications.

New York Cooper Industries McGraw-Edison Co Forstmann Tile & Co Cooper Crouse-Hinds Co Syracuse McGraw-Edison Forstmann Wall Street Andrew Silver Donaldson, Lufkin & Jenrette

Ohio’s 71 Thrift Banks Reopen After Closure Crisis

In Columbus 71 privately insured thrift institutions closed 21 days ago resumed operations on Monday. Eighteen ran normally while others allowed deposits with a $750 withdrawal limit. Two more were cleared to full service on Tuesday. Officials cautious, no major deposit runs reported.

Columbus Ohio Richard F. Celesté

Caesars World Bond speculation amid margin leverage

Speculators eye Caesars World 12 percent debentures due 2000 as a high yield play. With 30 percent equity and 13 percent loan cost, the margin strategy could yield about 19 percent on $2,520, though risks include sustained low rates and corporate solvency. Beta Factor explained as market risk measure, standard beta around 1.0 moves with Dow, beta above or below reflects leverage and volatility.

Caesars World Nevada Caesars Atlantic City Las Vegas

Also Mentioned on This Page

Nissan Sentra Maria W. Aldrich Associated Press Goldman Sachs & Co Scott Merris Shearson Lehman Brothers Inc Sentral Merris Maximus Marysville American Motors Fremont Calif General Motors Corp Mazda Flat Rock Mich Detroit Canada Syracuse Herald-Journal James H. O'Connor Iness Stock Exchange Niagara Mohawk Niagara Mohawk Power Corp Nine Mile 2 Oswego Merrill Lynch Capital Markets Salomon Brothers Inc Peat Marwick Continental Continental Telephone Co Pulaski James R. Horton Horton Continental Telephone Syracuse General Dynamics Treasury Texas Visio E Computing, the Vegevuye Herald-Journal David Lassmat Searle New York Times Service Ork By Malcolm Berko Malcolm Berko McNaught Syndicate
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