| OCR Text |
Show The Silt Ldkt Irtlnmt (iC 0 lohu P, Thursdjv Itriicr I laminnml nff i Loews Corp. to Increase CBS Stake 1) FW VOKK (AP) - Loews Corp said Wednesday it intends to rnoie than double its stake in CBS Inc to 2b pen ent and CBS said it would noim nate Loews Chairman Lauranie A Tisth to ( BS s board of directors in VOO 006HT TO EAT A PTORE- - BALANC&P PlE-T- , PUfFV deservid repututM n as a suici'sstul long ti rm investor m publulv held companies and we welcome him to the CBS board of dir e toi s Tisth whose tompanv turrentlv tiolds 11 3 percent of ( BSs 23 million shares outstanding said This investment reflet ts our confidence in the mangaement of CBS and in the company s ability to maintain and en halite its leadership in the broadcast ing retold and publishing fields Tisth added 44 e look (otwaid to being associated with a company whit h has such a distinguished histo ry of public strvue in pioviding in foimation, education and entertain ment to the American ptople The announcement collie after the stock markets had closed November Loews hit h has iriteiests in in bacco hotels real estate and finan cial services previously told the Se-- ( unties and Lxchange Commission that it was acquiring CBS stock as an investment Earlier in the year C BS sua essful-lfended off a hostile tender offer of Ted $5 4 billion from broadcaster Turner Thomas H Vtyman. chairman and chief executive officer of CBS. said in a statement Larry Ttsch has a well vs, mm fi r Fall in September Industrial Output Signals Economy Still in Doldrums ( unhmird III SCC nun I 111(1 ll.l ( In I III III lti t ml sin Mm h ul Hu "ini hum ngih m August Intd pen unt jump u 5 7 in pio linn dt dulo ldi tones But duto II 2 pi odui turn fi pen ent in Septein in r contiibuting in large part to Hu ox erall de line 4nulysts said with auto sales down mi lar in ()i toiler automakers are likely to oiake luilhei production ut hat ks Inc September autos weie assent 1 Ic the nations mines ent in September the third consecutive monthly decline But output at utilities was up a sharp percent The new repent made substantial revisions in earlier estimates August, which originally had shown a 0 3 peicent gain, was revised to a 0 8 percent increase, with July now registering a 02 percent decline and June a 0 2 peicent advance The changes left overall pi oduc-Hoat 124 7 percent of its 1977 base only percent above where it was a yeai ago This compares to an overall increase in production of 6 8 percent nn uuu Masters in 1 Business Administration (800) 637-555- 4 Please Call for Buy & Terms 625 W. 5300 So. outside S.L. Area METROGROUP iii Sell Quotes EG COINS National 1 1 & Private Safe Deposit Box Storage Available CA i oz. Silver Medallion BUY & SELL 1 CALL TOLL FREE 8 Coin 90 Volume Discounts Limited Risk Ftee Market Information 1 for all of 1984 Krugerrands Maple Leaves niY $1,S00 (800)821-115- k SILVER & GOLD mm n buy-bac- Bullion Dealer $7,060 1 cuit c at Output di opped 0 7 perc output ol defense and space equip ment was up an even sharpen per i 1 di-r- MAJOR ;i!!iii;iii!i Bv manufac tuiers sut industry red a 0 percent dec line because of a di op in pi oduc tion of dui able goods; items expected to last thiee or more ears This category fell by 0 3 percent while production of goods posted a 02 peicent increase bled at an annual rate of tl million units computed to 8 3 million units in August Output of all consumer goods was down 1) ( peri ent in September as production of appliances and other home products fell to a level more Ilian 5 percent below a year ago Production of construction sup plies however rose 0 2 percent the seventh consecutive increase while I III. senior vice William Lilley president of CBS said Tisth would expand the company s board to 14 tors Tisch will be nominated and voted on at the board s monthly meeting Nov 13 in New York, Lilley said Tisth then would stand for at the regular annual shareholders meeting in April, he said Turner dropped his bid for CBS after losing a legal attempt to block a ( Bs stock plan that included a limit on the amount of debt the company could take cn Turner's offer of stock and debt securities would have violated that provision fRS bought back 24 percent of its stoc k in its repurchasing program for about $1 billion 268-365- Toll Free, 3 Mon 1) -- 800-258-27- 83 Eat. Construction Begins On New Gas Plant Designed For Working Men and Women Special to The Ttibune ANSTON Amoco Production Co has started construction of a S134 million gas plant for the Painter Nat uial Gas Reservoir Unit eight miles northeast of here The plant will remove nitrogen and LV GRAND OPENING liquids from the gas The nitrogen w ill be reinjected into the reservoir to maintain piessure Fish Engineei ing and C onstruction Co of Houston has bijen awarded the pi unary construction conti act gas-fiel- d Amoco wells will supply about half the plant s natural gas Amoco with a 50 percent working interest will be plant opeiator Partners include Chevron ISA Inc and with about 3(1 percent Champlin Petroleum Co , a subsidiary of Union Pacific Corp with about 2(1 percent The pioject includes the plant as well as various field-relate- Introducing the Hardcard III lnlll ' illsl.ill ,is all i I i I lul ill cues Mil, , i 1 I 'll Vi ,1'lMnilsli'l .'I min nil supply vi II v !( in i. ml LiDMFUSHDP A 13 II Uisk mi II i1 i I i ' ikt v ii I vv Hit s k It III IV. It 111 ik .i'il - Msi.illi mg mli .llliK 111 mules IT H'HH A ill m J V Atlantic Company ell 0. 4 I li d '1.5 a,1 ni ml RATE ill t See 1 ,1 IVlt.ll'li 'll lie 11 I'sl.iv il I, 111 !i ll"'pv ( .11 Illis II il Is It designed lCipi'ICS n i I'll" u( "miniShup me II 'HI IT III Inlv mi It N Be & r-- 9 tJl f&r lf - xr: zCxii-f- . . Fl 4 i fi-'aSf-- ? . , il" V A. I v I y 4 A rlf m ,i 1 . t i 1 I I Y I if j ViT Y ? j I i y i it vn Rc strict ions Anijly W! Commerce Financial (' (nrz. 3 v T'? hu B"Wv-v- ( P in Lp '"H '' ' m u s y.( i C t 1. s,' L i a c n Uuii 64101 SOOULIDV V u1 1 --I 4k , A v Bk .4 i. kl 4. ajx A., ak ii A k 4k A A. A A lv A I uuvvit i.niuiiuiw-uiii- n ., |