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-'/' ^'.^^^r^^^^^^^^^Wfl^^'^^i'i'^^^T'W'iffl^W^^!^^^^^^^^^^^^ ' ''.•' *£•' \ >')''.[ :V'' i ^,-('\.'J.«' >/\ ;» r / ; '''',fv/j >?/\ -'. 'v! J 1 ^,'.'\ --' A ' J'» ' ..''• '-.'''••'&;\-''•.'• . , 'r-'^'ll' •'.\V . ''•''*•',' ; '/' \•/•\' --•'':' '•&'.v^*'-*v> \^ ' ^\'<*l' s ' * '\' '» '. ; \•' SATURDAY, SEPTEMBER 23, -1995 BUSINESS PRESS-REPUBLICAN PAGE 13 STOCK LISTINGS By SKIP WOLLENBERG AP Business Writer - -NEW YORK (AP) - Time Warner Inc. and Ted Turner's cable empire signed off on a $7.5 billion \dream deal\ Friday that immediately ran into opposition from consumers and a phone company fearful of the media col- ossus that would result. Turner, the media maverick who created CNN, will become the No. 2 man at Time Warner when he sells Turner Broad- casting System Inc. in a stock . .swap that keeps Time Warner on tpp as the biggest media and en- tertainment company in the: world. \I want to see what it's like to be big for a while,\ Turner joked at a news conference. -' The deal — the third media megamerger in the two months — was approved by the boards of both companies but needs the go-ahead from regulators and •shareholders. •.The Consumers Union promptly said it would ask feder- al regulators to block the deal because it could mean higher cable prices and prevent some cable programs from reaching v|pwers. ~And Time Warner's telephone partner, U S West, sued to block th'e deal, claiming the combina- tion would improperly compete with the Warner Bros. moviemaking and HBO services- that the utility owns with Time W,arner. ;The merger is a bold gamble by Gerald Levin, Time Warner's chairman. He is betting that the cdmbinatiori of Turner's globally recognized cable networks with Time Warner's vast entertain- ment, media production and distribution systems will boost earnings and revive the com- BELL STOCKS Courtesy Smith-Barney-Shearson, Inc. Member New York Stock Exchange. * Clos* Chang* AnUrlttc .\.52 V» + Vi AlrTouch Comm 32 V% - % At*T 63% + % BtH A»l 61 + Vt B«|i South 71 % - NYNEX 48 + V* Po*T«l 29 \A - SWB.II .\. 54% - V, USWit 46% - &Lm£t Weekend Shaded Shrimp, and SxurffopAWM ffeato. Qftaam Sauce. Fresh shrimp and sea scallops are sauteed in olive 7 oil and then topped with our creamy pesto sauce (fresh basil, garlic, pinenuts, and parmesan cheese) (ZppetizeH Eacaxgat ffiagu Crabmeat Bisque is Served Friday, Saturday & Sunday Open Daily ll:00AM-ll:00PM 26RileyAve. 561-0066 i=fift= NEW YORK (API - Frldiy 1 ! prica for Citicorp NYSE liitet) mo« <eU» iloclu: C«»CI SalM High Low CIOM Cbg ColgPftl 6623 70tt 69K 70 - H ColHCA 1.32 83458 93*82 83W+ K Compaq 13713 42V. 42 42 W- K CmpAio 10724. 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Unocal Upjohn VnlHIlli 1.04 4r 1.60f 19164 52ft 50% 52 +1 % {6098 80V, 78V. 80V.+ ft 8223 76V, 75 76%+ V. 7410 22% 21 21V.+ V. 7351 33ft 33 33V. 7620 32% 31V. 32% - % 19533 6V. «V. 6V. 1.14 150 60 1.89. 140002221-322217-322221-32-11^2 1.65 7528 54Vi 5SM 54V,- % 1 8170 17% 11% 17% + V, 8400 10h 10 10% - ft 116 9793 61 49V, 50ft - % 06 9516 17ft 16V. 17 - ft .92 8479 36ft 34ft 35K.+ % 35583 36% 33 33 -3V, 1.22 10088 22% 21V. 22%+ ft 15p 7095 20V. 19V, 19% - ft 10597 13% 12% 13 - % 147. 8954 24% 23ft 23V.- ft 1 10. 26305 32ft 31V. 32W - ft 6367 36% 35% 36 - ft 68 14088 82% 78ft 79V,- V, 3.08 10345 34 33ft 33V. + % 36 41970 40% 39V. 40ft + V. 24 6746 29 28 V. 28ft- 1 7924 10ft 9 10%+ V. 7053 27 26V, 26V. - V. 80 8491 50ft 49ft 60%- V, 14322 3% 2V. 3 2 14 7886 48V. 46% 46V. 8806 8 7ft 7V, - % 03 10910 48% 47 V. 48 - ft 80 7808 29ft 28ft 28V. - V, 1.48 7280 44% 44 44ft+ % 38986 28% 28V. 27V,-4% LOCAL STOCKS AP Photo Turner Broadcasting Chairman and President Ted Turner (left) and Time Warner Chairman and CEO Gerald Levine announce the deal that will combine the two companies. pany's listless stock. \This is far and away the dream deal,\ Levin said. time Warner includes Time and Sports Illustrated maga- zines, record companies, HBO and the makers of the \Batman\ movies. In addition to CNN, Turner Broadcasting includes the makers of such movies as \When Harry Met Sally\ and TVs \Seinfeld and baseball's , Atlanta Braves. A combined Time Warner- Turner company would have had revenue of more than $18.7 billion last year. The deal — a reaffirmation of the belief that size and scope lead to success in the entertainment industry — came in the same week in which AT&T Corp. decided to split in three because it had become too big. In the past two months, Walt Disney Co. struck a deal to buy Capital Cities-ABC for $15 billion, and Westinghouse Elec- tric Corp. agreed to acquire CBS for $5.4 billion. Courtesy Smith-Barney-Shearson, Inc. Member New York Stock Exchange. CIOM Chang* Albonk. 30 - % American Horn* Producti..84 Vi +1 Vi (Ayerst Laboratories) American Safety Closure Co.11/16 — (Aipak) Amirlgai 21 Vt - Vt (Petrolane L.P. Gas) Bank of N.Y 45 % + Vi Ban t Jcrry'i 19 V. - V t Chata-Monhatton. 58'/. - Vt (Chase Lincoln First Bank) Colllm l> Alkmtm 8V> - V, (Imperial Wallpaper) Dardin Rcitouranti 11 — (Red Lobster) Dow Jonu 36 Vt +'/t (Ottaway Newspapers, Inc.) Evargrun Bancorp 20 Vi — Vi (Keeseville National Bank) Fay Drugi 8 — PRIME RIB SATURDAYS $ 13.95 Soup or Salad Potato, Vegetable, Dessert and Beverage Rt.9So. 561-5140 Restaurant Prime Rib and Maine Lobster Extravaganza Maine Lobster Dinner $10.95 A one pound lobster, clams, mussels, red potatoes, corn on the cob and drawn butter. 16 oz. Prime Rib $12.95 Served with au jus and baked potato and corn on the cob 10 oz. Prime Rib and Lobster $19.95 Served with au jus, drawn butter, bakerd potato and corn on the cob 563-1111 444 MARGARET STREET lUnnentc's JRrstauraut & (Eocktatl Hamnqe Route 9 North, Exit 39 from 1-87 • Pittsburgh • 563-6980 Surf & Turf or Lobster Tails $17.95 While Supplies Last Italian American Cuisine DINING ROOM OPENS 4pm • ALL MAJOR CREDIT CARDS ACCEPTED Now Open 7 Days A Week GIFT CERTIFICATES AVAILABLE tfg CAFE MOONEY BAY Will be open on Fri. & Sat, only after Sept. 3rd thru Sept. 23rd For Reservations - 563-3328 Located at Mooney Bay Marina on the Point Au Roche Rd., 9 miles North of Plcrttsburgh, off Rt. 9, Exit 40 off 1-87. It's worth the trip! V.F.W. POST 125 BOYNTON AVENUE - 563-1180 - Pittsburgh. NY I*** ANNOUNCEMENT *** EFFECTIVE SEPTEMBER 26th, 1995 THERE WILL BE NO SMOKING AT TUESDAY NIGHT BINGO Thank You For Your Cooperation F.d.rol ExpMU 81 V% -Vt FlMt-Norrtor 38 V* - Vi Frontier Communication! .27 Vi - Vi (AuSable Valley Telephone Co.) Gtorjlo PacIHe 88 s /. - Vi Groiimani fl 3 /< — Hannaford Brolh«ra ...26 3 A - (Sun Foods Grocery Stores) Hanlt Corp 59 V, - V, H.rltag. M.dlo 31 V, -Vt (WPTZ Channel 5) Hills Department Stores 11% - '/« Hong Kong Shanghl 137\138h (Marine Midland Bank) Inttrnotlonol Pop« 41 Vs -'/» J.C.P«nn«y 48'/« + V, Koman Corporation 12 V» — Key Corp ....34 Vj Uulilana Pacific S3 Vi - 3 /» Marriott Corp 37 — (Marriott Int. Management Services) National Bank & Truit. 16 Vi + Vi NYS Electric & Go. 25 3 /« + % Niagara Mohawk 12% + V* Palne-Webber 18 7 /a - Vt Penn Traffic Co 18'/» -% (P&C Grocery Stores) Sean L Roebuck 35 s /i +V» Service Merchandlia 7 Vt — Sherwln Wllllomt 34 Vi - V t Tombrandi 44% + H Tandy 62 - % Tenneco 47 — s /4 (Packaging Corp of America) The Traveler 50 V» - V» (Smith-Barney-Shearson) U.S. Air HO 7 /. - V. Vt. Teddy Bear 5 - % Wol-Mart 25 + Vi SUNDAY BRUNCH BUFFET 10 AM - 2 PM ALL YOU CAN EAT THIS WEEKS BRUNCH INCLUDES THE FOLLOWING PLUS...MUCH MORE FRESH OMELETS EGGS FLORENTINE HOMEFRIES SCRAMBLED EGGS CRISP BACON ROAST SAUSAGE ROAST TURKEY WITH GRAVY SAUSAGE SAGE STUFFING CREAMED HAM CHICKEN A LA KING CHICKEN FORSTIERE SEAFOOD NEWBURGH PLUS...OUR FAMOUS PASTRY TABLE by Mary. Jo Rockwell 444 MARGARET STREET FOR RESERVATIONS 563-1111 FRUIT SALAD VEGETABLES RICE PILAF CAESAR SALAD MUSHROOM SALAD \MIXED GREENS SUNDAY SPECIALS Noon to 5:00pm Sept. 24-Roast Turkey *8 79 Oct. 1 - Chicken and Biscuits *8 49 INCLUDES: Appetizer, Salad Potato - Vegetable Dessert — Beverage PRIME RIB- $ 13.95 soup or salad, potato, vegetable, dessert & beverage BANQUETS 561-5140 5 Miles So. of Plaltsburgh on Rt. 9 CATERING RESTAURANT \Weekend Specials\ Veal Osso Bucco Salmon en Papillotte Milanaise with belgian endive artel tomato-basil bechamel Played with Streisand, Simon & Garfunkle and many others. Recording Artist SAL Dj TROIA Appearing Wed. & Thurs. 6pm Fri. & Sat. 7pm Try Our Micro-Brew And Specialty Beer List 561-6420 Rt. 3, Plattsbureh, NY West of 1-87, Exit 37 Major Credit Cards Accepted, <^j An Evening of Professional Comedy at « .M the Holiday Inn Plattsburgh | SSS; •-w - •* • .0 jf Special Event Comedy : Back By Popular :: Demand f*Eric Nusbaum*** : Sat Sept. 23 • $6.00 Advance $8.00 Day Of Performance Buckets Available at Front Desk Plattsburgh's Only Comedy Show Place Holiday Inns -'Hiill- i Lounge Rt. 3 Plattsburgh 561-5000 DON'T BE LAST IN LINE FOR OUR SUNDAY BRUNCH. Every Sunday from 10am-ipm come join us for the biggest and best buffet in the North Country. Our chefs take great pride in offering an ever-changing selection of delectables, from fresh garden style salads, peel 'n' eat shrimp, and a variety of breads, to oven baked casseroles, potatoes, and waffles made right in front of your eyes. Of course we always feature a chef carved roast —: ——— of the day. Eggs are prepared to your order, we suggest Eggs Benedict, and juice or coffee served tableside along with a variety of desserts. Seniors $5.95 Children under 12 $3.95 (forahm.tedt.me) Children under 6 FREE Sunday Dinner Special Roast Beef Served Adults $7.95 5pm-8pm Seniors $6.95 Route 3, Plattsburgh, NY Call 561-5000 For Reservations Pittsburgh Plaza By the bus station Upper Cornelia Street across from the 561-0537 Ball Club -Sat, 7:30 AM - 8 PM; Sun. \ \\\ \\\ Serving Breakfast, Lunch & Dinner Daily Michigan Madness Saturday, Sunday & Monday Delicious Michigan Red Hots only ^j^'^^ ^^ each Call Ahead For takeout