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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Oct 20, 1982
Page
1
National Weather Service forecasts rain for the next day with a 70 percent chance tonight and tomorrow. Expect a low around 50 to 55 degrees tonight and a high near 52 to 57 tomorrow as a windy pattern develops. Extended weekend looks fair with daily highs in the 50s and nights in the 30s.
The U S government reports the economy grew at an annual rate of 0.8 percent in the third quarter, far below what is needed to reduce unemployment. The rise in gross national product was only 2.8 billion dollars from June to September, slower than the 2.1 percent rate in the prior quarter and below forecasts.
Unidentified attackers daubed threats like Death to American imperialism and US Pigs on 23 American-owned cars before sunrise in Karlsruhe, near two military apartments housing NCO families. US Army tightens security around installations in West Germany following the incident.
Albany AP reports the daily numbers game winner was 331 with the Win Four number 420 drawn last night. The result highlights state lottery activity and provides the exact numbers on the official drawing.
An optimist is wrong as often as a pessimist just 2 percent more often he is wrong but he has a lot more fun living in a brighter outlook shares a wry take on attitude and luck with a playful twist.
President Reagan tours Illinois with stops in Chapin and Peoria to reinforce his economic plan while backing House Republican Leader Robert H Michel. He seeks patience from voters amid unemployment and will push for longer term reforms as farmers face hardship.
Dibvid Lice places a contract for a permanent bandstand at Clift Park after two earlier structures fell into disrepair. Project cost about $25,000 funded by public contributions and a beautification trust. Plan includes a working water fountain and ongoing improvements. work began last month and should finish soon.
The Chicago Tribune reports the Tylenol cyanide murders suspect James W. Lewis is linked to a $1 million extortion attempt against Johnson & Johnson. FBI and NYPD pursue a lead after Rutledge Hotel guests matched Lewis and his wife Leann, with sightings in Missouri. A grainy drugstore security photo is being reviewed.
John Z. De Lorean, once a GM prodigy and car innovator, is accused by the FBI of masterminding a $24 million cocaine scheme to save his financially troubled company. He was arrested with several kilograms of cocaine at an airport hotel and held at Parker Center jail. the British plant his company relied on also faced permanent closure that day.
U S professor George Stigler of the University of Chicago wins the Nobel Memorial Prize in Economic Science for pioneering work on how government regulation affects the economy. The award notes his analyses of industrial structures, market functioning, and the public impact of rules. Early work highlighted rent controls and minimum wage legislation and the potential for regulations to aid firms rather than the public.
Syracuse Boys' Club board accepted a bid to sell its five story downtown building at 430 E Genesee St with a tentative closing set for Dec 31. Prospective buyers include Thomas R Goodfellow and attorney Hugh C Gregg. Officials caution details are firm pending closing.
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