European Stars And Stripes (Newspaper) - June 2, 1985, Darmstadt, Hesse                                June 1985 the stars and stripes Page 19 business news Canadian Union Boss seeks split with Detroit White wants More autonomy for Northern Auto workers Toronto up when Robert White took his first Job at the age of his immigrant father warned him against becoming involved with today he is leading a rebellion to end a 50year relationship Between canadians and americans joined under the United Auto workers there is really a Good feeling in our Union about what is going said the Canadian director of the As he prepared for a founding convention of what will be a separate United Auto workers Union in in taking his Canadian Law members out of the million member Detroit based White is end ing a relationship that began with the first Canadian Law charter in to the 50yearold labor Leader it is a question of Ca Nadian autonomy and the right to pursue Canadian bar gaining objectives without what he Calls interference from american while the dispute Between the two sections of the Union has been brewing since it was not until after 1984 negotiations that the Canadian unionist threatened to break late last White warned Law president Owen Bieber he would Lead his members out of the Union if they digest am orders 2 plants closed despite government warning a american motors has mailed closing notices for two despite a government warning that it May face unfair labor practice the automaker has demanded that Union workers at its plants in Kenosha and Milwaukee agree to wage cuts and other concessions in order to keep the plants at stake Are about the National labor relations Board authorized a complaint against saying the automaker unlawfully set preconditions for bargaining on a new labor agreement with United Auto workers local 72 in we consider the employers insisting that economic concessions be agreed to in Advance before bargaining could together with the threat to close the Kenosha and Milwaukee constitutes impermissible bargain ing said Joseph Milwaukee regional director of the he said the Board was trying to reach a settlement Between am and the if a settlement is not we will Issue a complaint and set the matter for hearing before an administrative Law the Relief we will seek includes amps withdrawing its demand for concessions in Advance of and at this time withdrawing its notices of Plant Szabo Jerry am vice president for Public described the Norb action As resulting from a total misunderstanding of the it is a heavy handed attempt to interfere with our labor Sloan takeover of Nabisco brands planned by Reynolds new York not Reynolds the nations second largest cigarette maker and operator of the vast Kentucky Fried Chicken has offered to pay More than billion in Cash for Nabisco brands Wall Street sources there was no certainty that the Deal would Wall Street sources said that even if the Deal fell several potential bidders might be waiting in the they said that Philip Morris the nations largest cigarette had already retained Wall Street help and was watching the situation Unilever and the coca cola were viewed As other possible Reynolds would be paying close to a share for Nabisco 58 million shares sources if the merger being proposed by Reynolds would become the biggest in history outside the Oil Busi Ness surpassing the biggest merger so announced less than two weeks when the Allied agreed to buy the signal companies for nearly after prodding by the Stock maker of such Well known products As oreo Ritz crack Blue Bonnet Margarine and Britain Huntley Palmer announced Only that it has had exploratory talks with Reynolds and has reached no Conlu were not Given More Canadian leaders say the decision followed interference from officials in a 13day strike against general motors of Canada last when thousands of Ameri can autoworkers were Laid Union officials in the United states rejected Whites demands and a special committee on Canada was formed to oversee the under an agreement reached in and later approved by the unions International executive Board in the canadians will receive about million from the unions the split will Cost the Law in Detroit about Mil lion a year in Union White said the divorce is due simply to the natural evolution of his but he agreed problems began to be evident when Chrysler workers first agreed to con tract the dispute grew in 1982 Law bar gainers in Canada actively campaigned against concessions to pm and Ford motor in the United the Ameri cans agreed to profit sharing and the canadians did in late 1982 and Early the Canadian Section of the Fuji considering building Small cars in United states Detroit up Fuji heavy industries of the maker of Suburu cars and is consid ering building Small cars in the United automotive news Toshihiro who will assume the presidency of Fuji in late said the company was studying the matter of building cars in the United although a Concrete plan has yet to be worked the Industry publication at a news conference in Tajima said Fuji would seek a partnership with other car makers to launch a manufacturing Fuji is affiliated with Nissan motor which has a car and truck Assembly Plant at but Tajima stressed that any venture it was considering would not be limited to just japanese suburbs possible venture follows a Host of other Japa Nese automakers that have established or plan to build Assembly Sites in the United Honda motor Cor Bill Doyle seven Days after a certificate of Deposit i telephoned the Bank and asked Why we had not received a i was informed that the proceeds had been rolled Over into a new when i inquired How that could be done without our i was told it is Bank i demanded to speak to a Bank who told me i must write a letter requesting that the account be i when the Check still didst i had to Call the Check finally reached our House 21 Days after our cd matured and was dated three Days we lost because the Bank paid Only percent on our Money from the Date of the cd maturity until the Date of the Check what Are your comments on this yours is an All too familiar Banks and savings and loan associations have a great Deal of leeway on How they handle maturing each is free to set its own policy sometimes to the detriment of some Banks and notify cd holders in Advance of some As you found some automatically Roll Over maturing cd into new some put the proceeds from matured cd into relatively High interest paying Money Market Deposit accounts some put it into or percent savings accounts some put it into accounts paying no interest at heres a some Banks and that automatically Roll Over maturing cd even Levy fat Early withdrawal penalties on depositors who take Money out of the new it appears that the Bank paid you interest at the Money Market Deposit account rate for 21 that among the lesser of the evils the Bank might have your mistake was waiting until after your cd matured to find out How it would be you should have inquired and Learned All details at the time you acquired that its the old before you i had a percent three month Bank cer Union again bucked the trend by launching a five week strike against Chrysler the Canadian strike eventually forced Chrysler to give its workers a far bigger increase than the Union had been prepared to last the Section of the Union accepted Lump sum payments that did not boost the base rate on which future pay hikes would be the Canadian Wing rejected the question really was in with a healthy whether or not we had the right to pursue certain objectives that had been determined by our collective bargain ing convention in Canada As being legitimate and pursue those with the corporation without interference from the Union in the United White and the answer became fairly Clear to me in 84 that that was not the in not doing this for anybody but i dont think that you can do this with the second largest International Industrial Union in Canada and not expect it to have some but the facts Are in International with the Struc Ture that is in unless the leadership of those unions desires it cant be pushed from the Bottom 1984 imports total billion in billions of dollars new cars Dat processing equipment 1984 exports total billion in billions of dollars machinery transport equipment mumps Smagh food live animals manufactured goods electrical parts  consumer electronics other telecommunications equipment Taama Eum steel Mill products other motor vehicles other motor vehicle parts mum other 14 Chicago Tribune graphic source department of Commerce inedible crude materials  chemicals related products Mineral fuels lubricants am Light manufactured goods my manufactured goods portion builds its Accord at Mazda motors plans to break ground for its million site in Mitsubishi in a 5050 joint venture with Chrys Ler is expected to announce the Midwest location of its Plant sometime this Tif Cate of prior to that cd i received a notice in the mail that i could either renew it or Cash i let it be fifteen Days after the renewal i received a mail notice that the interest rate on the new cd was i say the Bank should have notified me of the new rate no later than the old cd maturity Date because it did i should get percent on the the Bank says who is Correct the Bank was within its rights handling things the Way it there is no regulation that a Bank or savings and loan association must notify you in Advance of the interest rate it will pay on a renewed if you had inquired at the Bank at the time of renew you would have been told the rate you would receive on your new a Bank or cant refuse o Tell you what interest it will its your you should have make sure you do when your present cd is due to theres no Way in the world you can Force that Bank to pay percent interest on your present what is the safest and Best Way to Transfer an account from one Bank or savings and loan association to another i had to make a Large withdrawal from an they refused to give me a certified i had to carry away the safest Way to make that kind of Transfer is by Banks and make wire transfers All the theres no fear of loss in a wire that also can be the Best because your Money becomes immediately available at the Bank or to which the Transfer is just one you will be charged a fee for a wire Banks Issue certified checks Issue Teller which serve the same that should have been Able to accommodate even if there were some ill feelings when you closed out your