Replay Samstag, 18. Dezember 1982

Bombardier Inc.

Date: 18 December 1982

Bombardier Inc., the Montreal company that recently won a $622 million contract to build 825 subway cars for the New York City Transit Authority, said it would lay off up to 600 workers at its La Pocatiere, Quebec plant for varying periods over the next six months, as it retools the plant for production of subway cars. Bombardier said the retooling was expected to result in few, if any, layoffs at its plant in Barre, Vt., however. The company said the Quebec plant would be simultaneously retooled for production of coaches for Via Rail, Canada's passenger train service.

Full Article

Paying the Dead

Date: 19 December 1982

By Richard Haitch

Richard Haitch

The Federal Office of Personnel Management confirmed last February that the Government had been sending monthly pension checks to hundreds of dead people. Representative Les Aspin, Democrat of Wisconsin, who told the office of its oversight, said at the time that about $5 million in Civil Service retirement checks had gone to people listed as dead by the Social Security Administration, including one person who had died 16 years before.

Full Article

Refractories Co. Restructuring

Date: 18 December 1982

The General Refractories Company said it expects a one-time charge to 1982 earnings of $37 million because of a restructuring of its domestic refractories and building products businesses. The company also disclosed that its principal domestic bank lenders have agreed to extend their $27 million loan agreement with the company for 90 days past its scheduled expiration on Jan. 1. General Refractories said the loan extension would allow additional time for final negotiations to complete the structuring of a new term loan agreement.

Full Article

Indian Borrowing

Date: 19 December 1982

By Richard Haitch

Richard Haitch

A group of American Indians, saying they were ''cynical and wary of Federal efforts toward reservation development, especially since resources such as coal and oil were ripped off by shrewd corporate types,'' turned last April to Japanese industrialists for help. The group was the National Tribal Chairmen's Association in Washington, and it announced that it was negotiating with the Japanese for up to $100 million in low-interest economic loans.

Full Article

'Ultimate' Gifts

Date: 19 December 1982

By Richard Haitch

Richard Haitch

For 13 years, in a spirit of year-end holiday fun, Sakowitz, the fashion specialty chain store based in Houston, had offered ''ultimate gifts'' for people who had everything. But last year the tradition suffered the ultimate rebuff: Not one ultimate gift was sold.

Full Article

News Analysis

Date: 18 December 1982

By Warren Hoge, Special To the New York Times

Warren Hoge

With its agreement on terms for an International Monetary Fund loan, Brazil appears to have temporarily applied the brakes to its rush toward the status of a great industrial power. ''It was difficult for us to say, 'stop,' and we needed someone else to come in and tell us to do it,'' said Ruy Barreto, head of the National Confederation of Chambers of Commerce. There is recognition here that the austerity program the country has adopted in connection with the agreement signed Wednesday for a three-year, $4.5 billion I.M.F. credit promises more unemployment, higher prices for key consumer items and a deepening of a recession that is now in its second year. And there is a growing and widely expressed belief that the loan and the austerity program mark the end of the drive for major economic development, a drive that has been managed by a small team of technically minded decision-makers within the military Government that has dominated Brazilian politics for years, and is now giving way to a greater measure of civilian rule.

Full Article

News Analysis

Date: 18 December 1982

By Martin Tolchin, Special To the New York Times

Martin Tolchin

How is it that three conservative Republican Senators can frustrate the will of President Reagan, the leaders of both parties and the overwhelming majority of the entire Congress? The Senators used a filibuster to deal a crippling and perhaps fatal blow to an increase in the Federal gasoline tax sought to finance highway repairs and aid mass transit. By contrast, 48 other Senate Republicans today urged the leadership to do everything it could to revive the measure. Enraged Senate Republican leaders bowed to the filibuster Thursday and withdrew floor consideration of the gasoline tax increase and highway legislation, acknowledging that any delay made passage difficult if not impossible.

Full Article

SUNDAY, DECEMBER 19, 1982

Date: 19 December 1982

International North Korean arms have helped Iran finance its continuing war with Iraq, providing about 40 percent of the $2 billion worth of arms Iran has acquired in the past year, according to a high-ranking American defense official. Francis J. West, an Assistant Secretary of Defense, said that North Korea has become the leading supplier of arms to Iran and that Iran has been paying for them partly in cash and partly in oil. (Page 1, Column 5.)

Full Article

Shares Tendered In Offer for Pabst

Date: 18 December 1982

The company indirectly owned by Paul Kalmanovitz, 21-115 Inc., which is seeking 4.15 million shares of the Pabst Brewing Company common stock, said it had been advised by the depository for its offer that 1,017,889 shares had been tendered before the purchase offer deadline of Dec. 15.

Full Article

Delta Air Plans An Expansion

Date: 18 December 1982

Delta Air Lines Inc. said it planned to spend $100 million to add 22 new departure gates to its present 15-gate facility at the Dallas-Fort Worth Regional Airport.

Full Article