Auto sales slide amid GM drop and gains elsewhere
Mid May data show U S auto buyers favored all major makers except General Motors which fell 414.8 percent. Ford rose 5.8 percent Chrysler up 31.4 percent American Motors up 110.7 percent and Volkswagen up 70 percent as analysts say the industry is emerging from a four year recession.
MENTIONED IN THIS ARTICLE
General Motors Corp
American Motors Corp
Ford Motor Co
Chrysler Corp
Volkswagen of America Inc
National Chamber chief sees upbeat signals with inflation looming
Edwin D. Dodd chairman of the U S Chamber of Commerce told the 94th Greater Syracuse Chamber meeting that lower interest rates higher industrial output and strong auto and housing sales signal a rebound though inflation may reappear He urged retention of tax cuts bracket indexing and the Reagan economic program while warning against big government and rising federal spending Speakers noted the Syracuse Chamber’s 3 2 million Greater Syracuse Program for development and praised past leaders.
MENTIONED IN THIS ARTICLE
Edwin D. Dodd
U.S. Chamber of Commerce
Dodd
Greater
Syracuse
Owens-Illinois Inc
Toledo
Ohio
Reagan
Washington
House of Representatives
Senate
Chamber
Syracuse Chamber
Sheraton Convention Center
N. Earle Evans
Bond, Schoeneck & King Lawirm
Optimism for Cortland Ithaca area manufacturers rebound
Two Cortland Ithaca area makers report cautious revival hopes as Smith Corona reaffirms Cortland production with 12 new product lines and Ithaca Gun Co posts 1983 first quarter losses but notes rising orders in early second quarter. Smith Corona plans no new hires but will retool lines. Ithaca Gun warns years of difficulty continue despite improved orders and loan repayments.
MENTIONED IN THIS ARTICLE
Cortland-Ithaca Area
Eare
Smith-Corona
Cortland
Ithaca Gun Co
SCM Corp
James Sherrill
Sherrill
John V. Maynes
Ninty
Southern Investors Management Co
Baton Rouge
Farmers Home Administration
Ithaca Gun
U.S
Maynes
Moynes
General Recreation Inc
Syracuse assets sold to lure firms nationwide
A team of economic development executives led by Erwin G. Schultz briefed new state commerce commissioner William Donohue in Albany on the four year Take Stock in Syracuse program. The campaign, largely funded by local firms, has drawn over 3 000 responses from 3 000 companies and aims to attract biotechnology health equipment and service industries later this year.
MENTIONED IN THIS ARTICLE
Syracuse
New York
Onondaga County
William Donohue
Albany
Donohue
Erwin G. Schultz
Greater
Schultz
State Commerce Department
United States
Sam Williams
Chamber
Frank O'Connor
Vincent Arciouli
Sage-Marcom Agency
Edward Kearney
Niagara Mohawk Power Corp
Kearney
State Economic Development Council
New York Telephone Co
New York Telephone Co.; the City and County Industrial Development Agencies
The
Manufacturers Association of Central
Metropolitan Development Association
Auto dealers elect state Peter Assimon as SADA president
Peter Assimon head of Express Sales in Manlius will serve another term as president of the Syracuse Automobile Dealers Association after a spring outing dinner at LaFayette Country Club attended by over 100 dealers and guests. Officers for 1983-84 include Joey Romano vice president Gary Lowery treasurer and Paul Maynard secretary. Barbara Shulman remains executive director. Norma Sharp of the New York State Automobile Dealers Association attended.
MENTIONED IN THIS ARTICLE
Peter Assimon
Express Sales
Manlius
Syracuse Automobile Dealers Association
Assimon
SADA
LaFayette Country Club
Country Club
Joey Romano
Cavalry Chryler-Plymouth
Gary Lowery
Lowery Ford
Paul Maynard
Byer
S Auto
Area Savings Rates And MMDA And Super NOW Accounts
MMDA stands for money market deposit account and Super NOWs offer lower interest due to more withdrawable checks. Rates update weekly, with minimum deposits of 2500 dollars. Last week Merchants paid 7.70 percent on over 10000, Onondaga Savings blended 5.26 to 7.80, Syracuse Savings 7 percent on over 10000.
MENTIONED IN THIS ARTICLE
Onondaga Savings
Syracuse Savings
Creative ways to pay for college amid rising costs
Ways to fund higher education include full-year tuition discounts, four-year upfront payments, corporate sponsorships, grants for student recruitment, and new auxiliary loan programs. Colleges, aided by alumni gifts and cost-cutting, offer options beyond federal aid, while advisors urge caution to avoid debt-heavy repertoires.
MENTIONED IN THIS ARTICLE
Eureka College
Eureka
Also Mentioned on This Page
Conference Board
Vincent Tese
Monroe County
Jefferson County
Wayne County
Rochester
Gannett
Gannett Co. Inc
USA Today
Allen Neuharth
Superior Oil
Wilametta Keck Day
Superior
R.J. Reynolds
National Chamber
Edwin Dodd
Joseph A. Porcello
Bank MM
Albany Savings
Bank of New York
Auburn Savings
Bank of Auburn
Banker's Trust
Chase Manhattan
Chemical Bank
State Bank of Chittenango
Citibank
First Fed S&l Rochester
Fulton Savings Bank
Geddes Fed S&l
Goidome
Key Bank
Lingoin
Manufacturers Hanover
Marine Midland
Merchants
Oneida National
Oneida
Valley National
University of San Diego
Sylvia Porter
Johnson Drive
Fairway
Kan
Universal Press Syndicate
By Sylvia Porter
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