Word: trenton
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Mary L. Kozma Trenton...
...international bankers find this money eminently spendable. If Exxon earns $100 million on sales in Europe and deposits it in a U.S. bank's Lon don branch, the money becomes Eurodollars, and the bank can lend it to some other company to build a plant in Turin or Trenton. Because the dol lars are outside the U.S., the bank is free from Federal Reserve rules that require it to keep as much as 16.25% of its U.S. demand deposits frozen rather than loaned out. Since this free dom lowers the bank's costs, it can pay perhaps...
...Graham told the staff. "Actually, I suspect Don was ready before I was ready." Mrs. Graham, 61, who had run the paper since her husband Philip's suicide in 1963, remains chairman, chief executive and majority stockholder of the Post Co., which also owns Newsweek, papers in Trenton, N.J., and Everett, Wash., and four TV stations...
...TRENTON. N.J.--Democratic Gov. H. Brendan Byrne was re-elected last night. Byrne defeated Republican candidate Raymond H. Bateman, a state senator...
...year?should be replaced by a legislative package that would include welfare reform, a selective job freeze and, if necessary, a "modest" increase in the state sales tax. The proposal has been roundly attacked by economists, editorialists?and many fellow Republican politicians. "A blueprint for disaster," charged the Trenton Times, arguing that the Bateman plan would raise property and sales taxes and most hurt those least able to afford it?the elderly, the unemployed and the poor. Byrne has latched onto the tax issue with uncharacteristic vehemence?and apparent political success...