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Show Wednesday, April 25, National News northern California in decades rumbled through the area today while residents and officials checked the damage. The quake Tuesday afternoon 6.2 on the Richter scale, making it the fourth most potent tremblor to hit the San Francisco Bay area since the great quake of 1906. It shook skyscrapers in San registered Francisco, knocked suburban homes off their foundations, cracked highways and terrified thousands of people who won. dered whether the "Big One" had finally arrived. There were no deaths and only minor injuries, authorities said. State officials were trying to make a dollar estimate on the damage. The biggest shock was felt in the community of Morgan Hill, about 60 miles south of San Fran toii'H hmd to re&d CERTIFICATES knocked off its foundation. Nearby Lick Observatory and scattered communities lost electricity for a few minutes. "It just went on and on," said Mary Guglielmo, who runs a restaurant in San Jose, 50 miles south of San Francisco. "It was 10 'set0 10 .11 ANNUAL RATE 3 MONTHS, $1 ,000 MINIMUM 1 1 ' r0 1 o .75 ANNUAL RATE the worst." none seriously. They were, treated for cuts and bruises when falling furniture hit them. The quake's epicenter was 12 miles southeast of San Jose in mostly open farmlands and rolling hills. It was felt throughout most of central California as far north as Sonoma County, east to the Nevada border and south to San Luis Obispo. A local state of emergency was declared in Santa Clara County and the town of Morgan Hill. Several homes in the exclusive Jackson Oaks section of Morgan "We waited for it to get stronger and stronger," said By CYNTHIA PIECHOWIAK UPI Business Writer PITTSBURGH (UPI) Unable to find a buyer at home, National Intergroup Inc. has joined forces with a Japanese firm for what is considered the domestic steel in- lilil Angie Svendsen, a secretary who works on the 40th-- f loor of a downtown San Francisco building. "I jumped up and went under a doorway. Where do you go in a building this high? We were all wide-eyeI'm still shaking." In Sacramento, the state Office of Emergency Services said officials probably would have a damage estimate today. The initial quake was followed by scores of aftershocks, the strongest registering 4.0 on the Richter scale at 8:16 p.m. PST. 1 - dustry's largest international joint venture. The Pittsburgh steel company said Tuesday it plans to sell 50 percent of its National Steel Corp. subsidiary, the U.S. steelmaker, Kokan, Japan's No. seventh-large- hi agreements. In the steel industry's first such deal, st Wheeling-Pittsburg- an- h deal, expected to be completed this summer, will not hurt employment, but United Steelwork-er- s President Lynn Williams said the union will talk with company officials to ensure the security of 8,000 USW members in four nounced plans in February for a joint venture with Nisshin Steel Co. Last year, U.S. Steel Corp. tried but failed to set up a deal with British Steel Corp. . National Intergroup was forced to look for an overseas partner after plans to sell its steel operations to U.S. Steel fell through, said steel expert Joseph Wyman of Shearson-America- n Express. The deal underscores a growing urge to merge among U.S. steel barred from merging with any truly large domestic producer," for $322 2 to Nippon steelmaker, million in cash and notes. National Intergroup said the states. "National was effectively 0-0, X AM lX 1.50: X 0 ANNUAL RATE ANNUAL YIELD 3 OR 4 YEAR, $500 MINIMUM 2.001 d. since government antitrust perts studying the merger of $500 MINIMUM 1 YEAR, 3 YEAR IRA, 1 .50 1 ANNUAL RATE $250 MINIMUM MONEY MARKET ACCOUNT" ANNUAL YIELD 1 National Steel Corp. Will Sell 50 Percent to Nippon Steel makers, as well as a trend among heavy manufacturers to team up with foreign counterparts, Wall Street experts said. "What we're doing is finding new ways to compete internationally," said Peter Anker, metals analyst for First Boston Corp. in New York, citing the recent Genand Chrysler-Mitsubiseral Motors-Toyot- a 1 I i officials reported. One was were injured, schoolchildren, 11 n i i i Hills received structural damage, cisco. It lasted a full 30 seconds. The most serious of the aftershocks registered 3.8, disaster officials said. In Morgan Hill a dam above the community developed a crack and road an old bridge over a one-lan- e was nearly buried by a landslide. Furniture, dishes and fixtures inside homes were destroyed. Twelve people, including four - Page THE HERALD, Provo, Utah, The latest reports in national news from United Press International Aftershocks Rattle 'California Northern - SAN FRANCISCO (UPI) Aftershocks from one of the most powerful earthquakes to strike 1984 ANNUAL RATE $1,000 MINIMUM 10 .76 STATEMENT ACCOUNT 0.50 Tf 9.96 ex- ANNUAL RATE Finally, someone hat as many financial solution! as there are financial needs. And all at great rates like these. Call, stop by or mail in the coupon today. Because it's time you stopped looking for a strong return on your money. And started earning it instead. Here's my check for $ months. (No IRAs by mail) Certificate that will mature in Statement Account Money Market Account In J $1,000 MINIMUM j LTV Corp. and Republic Steel Corp. were unlikely to approve two such giant deals, Wyman said. The new joint venture makes sense for both firms, giving National Intergroup a financial boost and Nippon Kokan the toehold it has sought in the U.S. market, one analyst said. "The joint venture will give them (National) an infusion of cash that obviously was very attractive to them," said the Rev. William Hogan, a steel industry expert at Fordham University in New York. National Intergroup had been looking for a buyer for its steel operations and already sold its Weirton, W.Va., plant repreof its steelmak-in- g d senting to employees. capacity The plan helps Nippon Kokan skirt growing resentment toward steel imports, Wyman said. 11 .35 Commercial Credit Plan, Inc. the name(s) of Address State City Zip SSI .Soc.Sec.Aax I.D.. 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