Auto chiefs top salaries despite 1989 auto slump
Ford Chairman Donald Petersen earned 6.6 million in 1989 down from 10.5 million in 1988 while GM Chairman Roger Smith received 2.5 million, with the two totaling over 9 million. Petersen retired in March and Smith ends his term in July, as the industry faces lower profits and widespread concessions.
MENTIONED IN THIS ARTICLE
Ford
Detroit
General Motors Corp
Ford Motor Co
Donald Petersen
Roger Smith
Petersen
Smith
United Auto Workers Union
Robert Stempel
Stempel
Harold Poling
Chrysler Corp
Ford’s
Chrysler’s
USX reports booming steel orders despite Icahn fight
USK Corp. chairman Charles Corry said steel orders are heavy enough to strain capacity with potential gains in first and second quarters. USX can produce 16.4 million tons and ship 12 million annually as buyers from autos to packaging increase orders while Texas Oil & Gas assets may be auctioned.
MENTIONED IN THIS ARTICLE
Pittsburgh
USK Corp
Charles Corry
Corry
Chicago Tribune
USX
William Keslar
Carl Icahn
Icahn
MCI to spend 1.25 billion to buy Telecom USA Inc
MCI Communications Corp plans a 1.25 billion acquisition of Telecom USA Inc in a bid to expand long distance market share and speed new technology and services. The move mirrors AT&T dominance and targets Midwest and Southeast operations. A second item notes Eastern Airlines preferred shareholders proposing a reorganization plan in bankruptcy proceedings.
MENTIONED IN THIS ARTICLE
Washington
MCI Communications Corp
At&t
Telecom USA Inc
MCI
Midwest
Southeast
New York
Eastern Airlines
Cartier
Eastern
PepsiCo and Soviets Sign $3 Billion Pact for 10 Years
Pepsico Inc. signs a $3 billion ten year agreement with Soviet authorities to double Soviet Pepsi production in exchange for ships and expanded vodka sales in the United States. The deal includes opening two Pizza Hut restaurants in Moscow to broaden Western fast food options.
MENTIONED IN THIS ARTICLE
Moscow
Pepsico Inc
United States
Rates fall on short-term Treasury bills
The Treasury sold 8.2 billion dollars in three month bills at an average discount of 7.80 percent and 8.2 billion in six month bills at 7.80 percent. These were the lowest rates in a month with the three month return at 8.07 percent on a 10,000 bill selling for 9,802.80 and six month at 8.23 percent for 9,605.70.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Creston Auction Sells 790 Livestock Across Broad Range
At Creston auction 329 consignors moved 790 head of cattle calves hogs and sheep. Prices span from hay and straw bought figures to top cattle at 73 to 78 dollars per hundredweight and calves around 60 to 170 with heifers steers and Holsteins represented in multiple lots.
MENTIONED IN THIS ARTICLE
Creston
Also Mentioned on This Page
UAW
Owen Bieber
Philip Benton
Allan Gilmour
Louis Ross
Texas
USK
Texas Oil
Condys
Pripet
Ua Nyse
Contels
Cornin
Lilly S
Bia Schimb
Ty Mgmua
Lac
Sears
Atsa
Amrich
Aly Bom
Exxon Entergy
MAPCO
Tay Maying
Btn Merck
Texaco
Genel
Asia
Ava
Usshoe
Beurly
Hedson
Upjohn
Sanson
Nemon
OcaiPet
PacTel
Asma
St Pepsico
Va Hilton
Sik
Va Pfizer
Bw & Bly Chase
Mn Honwelt
Cirolek
Mj Philal
IBM Abdian
Hi Philpin
Ste Oele
Telecom USA
Pepsico
Soviets OK Exchange
Liam Quotation
Pierre Ron Acme
LNB Bancorp
Lesco Ine Bie Nordson
Northern Savings
Ohio Edison P.N.C. Cor
Parker Hannifin 2A
Smucker
Sunrise Medical
Texas Athletics
TRW
Woolworth
Mid-Am Inc
Canon
Adler Royal
Goldstar
Panasonic
Leia
Panasonic Printers
ROYAL
Smith-Corona
Elyria
Lorain
Cleveland Street
Central Trust
Ralt
C.d.'s
Uty
Central Trust Company
Banke
Thy Nate ED
Creston Livestock
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!