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SATURDAY, NOVEMBER 4,1995 BUSINESS PRESS-REPUBLICAN Jobless rate hits 7-month low ByJOHND.McCLAIH Associated Press Writer WASHINGTON (AP) - The nation's unemployment rate hit a seven-month low last month pro- pelled by new jobs in construc- tion, health care and real estate. Despite the improvement, l said . the economy is 6i;i ll of last March, the Labor Department said Friday. Many economists believe that since aji economic \soft landing\ — moderate growth without in- flation — is the target of Federal Reserve policy, the central bank probably will le,ave interest rates unchanged for now. \This is consistent with a soft-landing scenario ... but soft landing also means a soft ecpnojtiyi\ : said Sjiiyg, Wo an ecpnomi^t'i^ith^hi? ^Ipmic^niSultEinfc ^l^r^hem Trust CJp. in Chicago; \But: it is a CTpw^h phase.\ >•••. r^herjoMISs *a|e edged down to 5,5 percent, matching the figure pn^^t^i? ^ Corp. in Minneapolis.. '%q £f| this year|,]job;.(;reation is ofl^llitethe rate; £clii0yed in 199% so eco- noniie growth has sloiwed con- siderably.\ ' \It's steady as she goes,\ Labor Secretary Robert B. Reich said of the jobless rate. \It's the 14th consecutive month below 6 per- cent, with no wage-push inflation in sight.\ The economy created more than 100,000 new jobs — a fig- ure that would have been even bigger except for a strike that idled 26,000 aircraft production workers. Wall Street reaction was mix- ed. Broad stock market indexes were mostly higher, with, the Dow Jones industrial average rising nearly 17 points and reaching a record level for a sec- ond straight day. 3f •'.-. tlEW NYSB II AMR ATtT AbtUb AMD AttnU AilTouch AlbUte Alton >-t AmEip Artoeo Analog! At&Dni Atmeo BiXrHu BiiAEdn BkBul BirriekG Bixttr BwtBuy Boeing Britaker SrMySq BrwnFr GIjlS Enj MlIGolft CtrnCp* Caurp CwiSoWit. raw ,ChmBnk (Chryilr gCirtCty (Citicorp CCI YORK (AP) - Friday, prlcM Tor litltd mut ictlvo stocks: Salei High Low Clou Chg • 9335 70% 69K IWi + y . 1.32 13438 63% 63V, 83V. + V. .84 7601 39ft 38% 39%+ % .01e 12733 2314 22V< 22V. r- % 2.76 8078 73% 71V. 73S»+1% 10SS9 31Kt 30% 31%-H% .78 1S071 39 38% 38% + % .90 9093 52% 51% 52 + % .90 12015 41% 41% 41% 2.40 8150 65% 04% 65%+ % 7195 38% 3S% 38%+2 . 20r 15455 16% 16% 10% 6077 6 5% 5%- % .46 28497 19% 18% 19%+ % 25212 17% 17 17 1.48f .12 1.13 8165 45 8181 24% BChiliTel- 2.96 .68 .961 .20' 30f 1.40 1.72 1.80 2 2 .12 1.20 .88 2.91. 9636 24% 9217 70% 19768 14% 6926 77% 807S 29% 8449 27% 7809 17% 7135 25% 12771 57% 12875 27% 11060 59% 15242 51% 8915 33% 15201 67% 165H4 72% 11144 72 43% 44 -1 24% 24%- % 37% 37% 22% 23%-- \ 68% 69% 13% 14%+1% 76% 76V.- %' 28% 29 - % 27% 27%+ % 17. • 17%+' % 24%:!6%+a% 55% 56 -1% 27 ' 27% - % 69% 60 - % 58% 69% -1 50% K>« - V, 32'/4 32'/.- V, 66% 67*4 71% 71%- % 70% 71H+ % Compaq 18760 50% 54% W»i+1» CmpAta .13 7491 65% 54% 54%-1% ConrPr 12583 20 19% 20 • + % CoreSlF 1.36 12590 36% 36% 86 - % CnlwCrd .32 7979 24V. 23% 23%+ % CypSems '20857 18% IT/, 18%+1% DSTSyin 6940 25% 25% 25% + % DiluAir .20 6435 69% 68Vi 69% + l% Depl50 7169 42% 40% 40% ->3% Digital 14108 67% S5% 67%+ 1% Dillard .12 6161 28% 28 28% - V. Diiney .36 9^11-68% 57%-68%+ »»- DollatGn .20 700727% 25% 27% +2% ' DowCh 3 18389 66% 65% 66%- % DuPont 2.08 11891 62% 61% 02%+ % EMC 101617 16% 17% 18%.+2 EKodak 1.60 13056 64V, 63 64%+ 1% Exxon . 3 7671 .76% 75% 76%+ V$ FedNM 2.72 7357110% 109% 109%+ % FedPB 1.60 9161 45% 42% 45%+3% FedrDS 18411 27% 26% 27%+ % FitDau .12 7105 68% 67% 67% - Vi FordM 1.40f , 4281928% 2B%2B%-3-16 OTE 1.88 12459-41% 41% 41%- *k Oap .48 7740 42 Fi 41% 41% - % GenElec 1.64 14077 63% 62% 62V,- % Genlmt 11246.19% 19% 19%+ % GilMotr 1.20 17452 44% 43% 43%- H OMB .52 6430 50V. 48% 48%-1% GlaxoWel 1.19e 13922 27% 26'/. 27% - V.' Grace .50m 7019 57% 65% 56%+1% QTeltvsa .10. 12545 17V. 16% 18%- % GTribau 0080 0% 5% 6%- % Hanun t.lSe 10858 18% 16f. 15%- % HewlPlu .80 12372 94^93 93%-% HmeDsp .20 25203 41 40% 40%+ % Hmilko .20 7814 16H 15V. 18 - V. Humana 14504 23% 22% 23%+ % 1NCO .40 7247 33% 33% 33%+ V. -IBM InlCaint IntPapa JohnJn Kllln Kmart Keycorp LSILogi Umitd LiiCl.b Lowea McDnlda Medltnca Mmk MerrLyo MicrnTa MidAllan MMM Mobil . Motorola Mylan > NlSsmi NawsCpn NiaMP. Nokiai ' Norwn.1 Nynex OcciPot OldRep PacifCp Pniney PepliC pn»n' PharUpjn Ph.lpD PhilMr Praxair ProctGm . 1 .13 1 1:32\ 1.44 .40 .45 .2or .27 .26 1.30t 1.04 .20 1.88 .3.70 .40 .16 .09e 1.12 .SSi .96f ; 2.36 1 .52 1.08 1.92 JSOf 1.04 1.80 4C .32 I.OOf 3246210lyi 99%101Vi + l% 6944 12% 12% 12%- % 9322 37*. .3flH 37%+ Vt 9083 Sly. 80 80%-1 9184 11 10'A 10V.+ % 97586. m 9 9% - % - 604234V.345-16 34% - % 1271648' .46% 46%+ % 11412 19% 18¥. 18%- % 720O 29% 2SM 29 + % 7302 30W 29% 30%+ % 12117 4l«i 40V. 40%- % 5951 S9»i 58%. 59%+ % 24736 50'/. 56% 66%+ % 5945 69 57% 68%+ % 60914 69 87V. 68% + % 14141 23V. 21% 22% + l% 12919.59% 67% 69%+2% 014U03K10iy,1031',+1% 3008168% 67% 68%+'l% RJRpfC SalliiM SFePGId 11282 20 13737 26% 9494 19Y. 6343 1»W' 10158.69 10299 31% 7800 49% 10618 21% 7054 30% 8199 19% 9713 44% 12124 63% 10934 53% 28066 36% 6206 85% 22344 87% 7664 29 5963 84 % 19* 19« + >i 24% 25%+1 19% 19%+ % 10% 10% 56% 58%+3 30% 30% 48% 49%+ % 2,1 21% 29% 29'/.+ % 19 19%- % 43% 44 + % 52% 63%+ % 57% 58%r- % 35% 35*1^ 64% 65 85% 87%+2% 28% 28%- f. 83 83% - % SchrFU Seagate Sean a Senaormt SitcnQph SouthnCo SloiTch Syaeo Tandy TelcNZ TelBrwln TelMex TenetHIt ' Terdyna Texlntu TexUlil TtauW. ToyRU Travelra USWt.u USWMn UST USXMar Uniiyt UHlthCr UiairG USSurg ValHlth Vuhaya WMX Tc WalMart Wendya WatgEI ypfS .60 8781 6% 5% 1.48 7738 62' 59 .05p 8822 10% 10% 76f 7326 29% 29% 1.16 8812 64% 53% 11776 49% 48% .92 9387 36% 35% .22 14472 22% 21 31009 33% 33U 1.22 20046 23H 23% 9709 26% 26% ,62f 8035 31% 30% .72 22411 4Sy< 43% 3.34e 8335 68% .66% 8933 41 40% ,16o 34899 27% 26% 9227 18% 17% 8714 34V, 33% .68 24473 67. 64% 2m 8279 37% 37 .36 7932 37 V. 36% 2206S 23% 22% .80b 8616 531', 52% 2.14 60288 29ft 29 li 14176 19 18% 1.30 7440 31% 30% 68 18220 18% 18f, 24351 6% . 6 .03 16220 68% 57% 28442 16 14 .08 7137 24V. 24 6702 24% 23% 9357 37% 34% .60 8516 23% 28% .20 37268 23% 23% 6Vi+ % 61% +2% 10% 29%- % 54 + % 48%+ *4 38 - H 21%-1 36%+4 23%+ % S6V.+1 30% 44%-lVi 67 +1 % 41 + % 27%- % 18%+ Vi 33%+ % 65% 37%+ % 36%- % 23 - % 53Vi+ V, 29% 16%- % 31Vi+ % 19%+ % 6%+ % 58%+ % 14*1+ % 24 24H+1% 37 V.+2% 28% 23%- % NEW SALON: Partners Michelle Se^rs (left) and Cheril Deyo recently opened Snippers Hair Salon on Route 22 in Pittsburgh near Buck's Discount. Snippers will shampoo, cut and style hair for adults and children and also do colors, perms and highlights. They carry a full line of profes- sional products. Snippers is open Monday through Saturday, with Wednesday by appointment only. For more information, call 562-5619. .24 10988 20% 20% 20% + % .20 9456 14% 14 14 - % .80e 6999 17% 17% 17V.-3-16 jDow sets record high I NEW YORK (AP) - The Dow I Jones industrials advanced to a J record high Friday for the second ij straight Say, defying a dip in «bond prices that followed a mixed 1 employment report. ; The Dow Jones industrial average spent most of the session ! in barely positive territory. But a ! burst of buying near the close* propelled it 16.98 points higher to close at 4,825.57, topping the high of 4,808,59 set Thursday. Advancing issues had a nearly 2-to-l lead on decliners on the New York Stock Exchange. Vol- ume was moderate at 344.36 million shares as of 4 p.m., com- pared with 396.15 million Thurs- day. Canadian exchange The Canadian dollar equals .7125 U.S. dollars. The U.S. dollar equals 1.225 .Canadian dollars. Source: Key Bank LOCAL STOCKS Courtesy Smith-Barney-Shearson, Inc. Member New York Stock Exchange. CIOM Chang* Albank. 29% + V, American Horn* Product* 87 V> — 1 Vt (Ayerst Laboratories) Amtrieon Softly Cloiura Co 3/4 (Arpak) Anurisai .-. 21 Vi + '/< (Petrolane L.F. Gas) Bank Of H-Y.... 43 ft - Vi BM&Uny'i 17% +1V> Chait-Manhattan 60 - % (Chase Lincoln First Bank) Cellini & Altaian 8 -I- V, (Imperial Wallpaper) Danhn Rnlaurantt 11 % - (Red Lobster) Dow Jonii 35 3 /4 — (Ottaway Newspapers, Inc.) Evngmn Bancorp 21'A -t-'/< (Keeseville National Bank) Fay Onigi 8 +• Vt F«d«ral Exprtn 84'/. -l'/» FUbNontar 38 1 /, + •/» FtontUr Communleatloni 26'A 4- Vt (AuSable Valley Telephone Co.) Giorgio Pacific 83 - % Granmani .1 Vt — Hannaford Brothars 25'A + Vt (Sun Poods Grocery Stores) Hoitli Corp 60 V t + 1 % Httltag* Midla 27 ^ -Vt (WPTZ Channel 5) Hills Department Slorai 9'/< - Hong Kong Shanghl 146-147 Vi (Marine Midland Bank) Inttrnatlonol Paptr 37 + V« J.CPtnnty 44 + % Kaman Corporation 11 — '/» K«y Corp 34% - V t Loulilana Pacific 24 Vi - V, Marriott Carp 38 Vt + V< (Marriott Int. Management Services) NBT Bank. I6V2 + 'A NYS EUctilc & Gai 25 ^ Niagara Mohawk 10 Vi Paln*-W*bb*r 22 Vt + Vt Ptnn Traffic Co 13 'A +2 (P&C Grocery Stores) S.an * Roibuek 35 7 / 8 - V< Strvlc* Mtrchandlu 5V< Sh.rwln Wllllomi .37H + ^s Tambrandt 46 + % Tandy 44% -IV. T«nn«o ...44'/. +V. , (Packaging Corp of America) Thi Trav«l« S3 V% + '/• (Smith-Barney-Shearson) U.S. Air ....3 Vt - W Vt. Ttddy Btar 3Vt - V, Wal-Mart 23% - Vi BELL STOCKS Courtesy Smith-Barney-Shearson, Inc. Member New York Stock Exchange. Clost ; Change Amirltac 53 s /« - Vt AlrTouch Comm 31H +1 % AT«tf 63'/4 + Vt Ball Atl 63% -1 Bill South 77V. -% NYNEX 49 V. + Vt PocT«l 30 Vt -Vt SWBtll 56 Vt - % USWrt 29 Vt - OWD lays off 23 workers at Tupper Lake plant By MARY THILL Staff Writer Sara-Placid Bureau TUPPER LAKE - OWD, a p ih Tupper Lake, laid off 23 workers this week. The largest private employer in Tupper Lake, OWD now has about 200 employees, according to President Roger Sullivan. The companyV inventory has built up beyond normal cir- cumstances, and there was no other way to cut back than to reduce the workforce, Sullivan said. \It's our first reduction, and I can assure you that as soon as r we can bring our tnventory~in— line with sales, we'll continue to grow and soar to new heights,\ Sullivan said. Most of the workers who receive pink slips have been with the company less than two years, Sullivan said. OWD, which stands for Oval Wood Dish Inc., makes Lady Dianne Plasticware. SATURDAY Prime Rib $ 13.95 Soup or Salad Potato, Vegetable, Dessert and Beverage Rt.9So. 561-5140 Tonite Roadside Louie fit the Dusters from: New Jersey Weekend Specials Prime Rib flu-Jus Chicken Cordon Bleu Our kitchen is open 'til midnight Happy Hour every day 4-7pm Corner of Bridge Street & ^City Hall Place .561-5117 SMVTDAY SPECIALS Noon to 5:00pm Nov. 5 • Chicken & Dumplings *8 49 Nov. 12 • Yankee Pot Roast $ 8 79 ' INCLUDES: Appetizer, Salad Potato - Vegetable , Dessert — Beverage ID POLITICAL ADVERTISEMENT PAID POLITICAL ADVERTISEMENT 561-5140 5 Miles So. of Pittsburgh on Rt. 9 PAID POLITICAL ADVERVSEMEUT 7 Elizabeth St. Mon.-Sat. 2pm-2am Daily Bottle Beer & • r Drink Specials Tues.-Sat. Exotic Female Dancers Never A Cover Charge MAXWELL'S SUNDAY fiRUNCH 10:30-1:30 561-6222 Reservations Accepted Fresh Omelettes • Fresh Fruit Crepes (with strawberries or blueberries) Eggs Benedict French Toast Blueberry Pancakes Waffles Homefries Bacon, Sausage Bacon & Tomato Ziti Seafood Alfredo Fettucini 495 Cornelia St. PlattsDurgh Rosemary Chicken Tossed Salad Pastry Salad Danish, Rolls Fruit Tray Homemade Desserts Assorted Juices, Coffee or Tea All for $7.95 Sr. Citizens $6.95 Children Under 12 $4.25 Mixed o f • Fresh dams, shrimp,-sea scallops & mussels are steamed in white wine then served with a white butter, sauce over pasta choice. Eacangot Slaqa Crabmeat Bisque • . iS'SldjrJVed''... Friday; Saturday optn Daily ll:0OAM.ll:00PM ( fMovetnber 4 | Music by Soynd King, 4 Hot Just a DJ % But A Show! \ Brink Specials ® Door Prizes FOOTBALL SUNDAY Synday, ifewember 5 Watch the Game come and say Hello 1 \' •»•'•• \ rias ioified me i •..!. % • • — — - # . - _ „ t Todd's famous goulash - Free 2-6pm I Across from GP INDEPENDENCE PARTY OF N.Y. We are pleased to present and endorse the following candidates for election! November 7, 1995: Keith A. Herkalo County Clerk Independence Party In Keith's four-year term as Pittsburgh's City Clerk, he has continually decreased operating expenses through implementa- tion of creative programs, skillful negotiation of contracts, and the elimination of wasteful practices. He has saved the city's taxpayers tens of thousands of dollars. Keith is aot a legislator; he is a municipal clerk seeking a mu- nicipal clerk'sposition. He be- lieves that the County Clerk posi- tion is undeveloped and will be more than it has been once he is •elected. Melissa M. McManus Shirley O'Connell County Legislator - Area 1 City Councilor - Ward 5 Melissa's principal concerns are improving the economic security of residents, economic development for the county, the property tax burden, and the needs of the agricultural com- munity. With a substantial por- tion of the county budget being dictated by unfunded mandates, Melissa wants to send a strong message to Albany concerning the adverse effect which state legislation is having on county taxpayers. Shirley is known throughout Clinton County for her tireless fundraising contributions to chari- ties and non-profit agencies. She will devote the same enthusiasm and energy to her Ward and to the City of Plattsburgh. She will focus on the clean-up and devel- opment of the waterfront, includ- ing the beach complex and Plattsburgh harbor. Shirley will work to secure any and all avail- able grants to encourage new busi- nesses and strengthen existing ones. Shirley will also devote her time and energy toward the imple- mentation of a recreation path. Clyde M. Rabideau, Jr. George L. Rotella Mayor, City of Plattsburgh Mayor Clyde Rabideau has kept new vision, commitment and confidence in Plattsburgh's City Hall. His ideas, innovation and hard work have made things happen. All this during a time when our city faced some of its great- est challenges. Those who call Plattsburgh home know and appreciate Clyde's dedi- cated manner and business approach to government. He tackles issues head-on, in a clear headed, get-the- job-done fashion. With Mayor Rabideau's leadership the city has consistently cut spending, increased revenues and attracted new businesses. And now, more than ever, ' Plattsburgh needs Clyde's experience and drive. City Councilor - Ward 1 George is a fierce defender for Plattsburgh's south end. His quiet, persevering way; his car- ing and friendliness; and his abil- ity to gather support for propos- als and programs have earned the esteem of his constituents and fellow councilors alike. George is an advocate of the city's infrastructure and quality of life. His number one goal is the creation of jobs for our community. Daniel L. Stewart City Councilor - WarcT8 From fiber optic systems to police foot patrols, Dan will con- tinue to bring to the residents of Ward Six the best possible serv- ices with the lowest possible tax rate. A proven leader on the Common Council, Dan is realis- tic and responsible. For experi- enced, dedicated, and accessible representation, vote to re-elect Dan Stewart. PAID FOR BY THE INDEPENDENCE PARTY