Bergdorf Executive Enters No Contest in Price Fixing Case
Leonard Hankin executive vice president of Bergdorf Goodman pled no contest to conspiring to fix women’s clothing prices. The plea closes the government’s case against Bergdorf Goodman Saks Fifth Avenue and Bonwit Teller. Sentencing set for Aug. 12 in Manhattan Federal Court with Hankin facing up to one year in prison and $50,000 fine. the three stores were fined the maximum.
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New York
UPI
Leonard Hankin
Bergdorf Goodman
Hankin
Saks Fifth Avenue
Bonwit Teller
Henry Werker
Manhattan
Fifth Avenue
Stocks End Narrowly Mixed On Friday Amid Quarter-End Shifts
The Dow fell 1.02 to 873.12 as 770 advances beat 811 declines. Texaco led activity with 26 percent up on 374,900 shares traded, and 600,000 Texaco shares traded Thursday at the same price. Eastern Gas & Fuel split 3 for 2 and raised its dividend, while the American Stock Exchange index rose 0.30 to 93.00.
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FoldeVegh
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Goshen Jaycees to start aluminum recycling program
The Goshen Jaycees announce an aluminum recycling program with the first deposit set for July 19 from 9 am to noon at the Goshen Village Garage on St. John Street. The report notes market activity in several stocks including Federal Resources and Basin Petroleum.
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Goshen
Goshen Jaycees
Goshen Village
St. John Street
Market notes from New York and Joliet livestock and produce
Butter market offerings light and demand good with wholesale prices in cents per pound. Egg market offerings adequate and demand fair with varied per dozen prices for Fancy large medium and small white eggs. Joliet cattle and hogs report slow trade for steers and active hog trade with mixed prices. Monday receipts estimated. Lettuce demand fair in Orange County with iceberg romaine and big Boston prices listed and shipments rising toward season totals.
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New York
UPI
USDA
Orange County
Boston
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Basin Petroleum
Wynn International
Kaiser Industries
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Aren
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Empire National Bank Highland
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