» - MANCHESTER HERALD. Friduy. Jiin. 27. 1984 bank in downtown Bristol to meet needs of the city's large blue-collar population. Citytrust takes on IBM, Wang Business Robert F. Festa. one of the organizers and lorm er president of Terryville Trust Co., would Woeful Indians In Brief Sbe the new bunk's president and chief executive BRIDGEPORT (UPI) - In a "W e feel it fills a very important mine needs of clients and recom­ Cut your own taxes: Bond commission OK’s officer. sharp departure from traditional void in the market," said Jonathai], mend hardware and software that Cigna chairman resigns The bank would sell 250,000 shares of common banking services, Citytrust plans A. Cunitz, managing director of the might be purchased from any of Deductions can add up new highway funding bow to ECHS slock to the public at SIO each to raise $2.5 million lo battle computer giants such as new service. "W e hold their hand the leading computer companies. Bl.OOMFlELD — Cigna Corp has confirmed in start-up capital. IBM and Wang Corp. to design throughout the entire process. You The center will be based in ... page 2 ... page 10 .. page 16 Ralph S. Saul will resign as chairman lo be It plans to start with nine employees, add seven computer systems for profession­ can make mistakes in this area and Westport and concentrate on Fair- succeeded by Roberl D. Kilpatrick who will more in the second year and four more in the third als and smaller companies. it can lead to bud results." field, Litchfield and New Haven continue as president and chief executive officer. year of operation. ' The Bridgeport-bused holding City trust said its venture into the counties, with consultant's fees Saul's resignation will become effective April A forecast by the accounting firm Ernst & company announced Thursday it computer field was another exam­ ranging from about $4,000 for a 25 at Cigna's annual shareholders' meeting in Whinney estiniated the bank will earn more than would provide micro-computer ple of drastic changes in the simple conversion to $15,000 for Philadelphia. Saul will continue us a member of $369,000 in net income during its first three year.s services ranging from con.sultants banking industry due in part to more elaborate systems. Cigna's board of directors. and provide sufficient funds to meet operating and training to purchase of hard­ deregulation and increased com­ Equipment would be purchased Cigna was formed in March 31. 1982. with the expenses, working capital and other financial ware through a center in Westport. petition for new markets. at additional cost directly from merger of Connecticut General Corp. of Bloom­ requirements. Citytrust said the service was But computers themselves also dealers and in some cases through field and IN.A of Philadelphia. the first of its kind offered by a will change the way companies Citytrust. Windy today; Manchester, Conn. Before the merger. Saul had headed INA since bank in the United States and and eventually individual custo­ More advanced training for 1973 and earlier had been president of the would be aimed at lawyers and mers handle their finances, Cunitz employees al.so would be available cloudy Sunday Saturday, Jan. 28, 1984 .American Stock Exchange Stride Rite earnings up other professionals and medium- said. at low cost at the center and repair c- See page 2 Single copy: 25<t Kilpatrick, before the merger, had been CAMBRIDGE. Mass. — The Stride Rite Corp. size companies doing between "In the near future I see this service would be arranged through M m l h president and chief executive officer of Connecti­ has reported annual earnings for 1983 increased $500,000 and $20 million in business mini-computer as the link between a network of private contractors cut General since 1976. 48 percent on substantially higher sales, mostly each year. financial inrfitutions," he said. with Citytrust available to work due to the addition of figures from The Keds Corp. The bank hopes tocrack the tight "The day will come when the out problems. Bank proposed in Bristol Stride Rite reported earnings of $30 million, market by offering baffled clients businessman will have a terminal Cunitz said customers might use $2.35 per share, on sales of $301.7 million. The a complete computer service not in his office and a terminal in his computers for simple word pro­ H.ARTFORD — Ten organizers have applied to company posted earnings of $20.5 million, $1.80 limited to a particular product or home and he'll be able to do cessing or more sophisticated the state Banking Department to open a small per share, on sales of $224.8 million in 1982. dealer and on-going advice in an anything he wants.” functions such as bookkeeping and area "fraught with danger. " Citytrust consultants will deter­ inventory control. Fighting Contract adjusts 2 budget REAL ESTATE THIS WEEK resumes % t One of the three murky spots in the proposed 1984-85 school budget has just been made all but crystal-clear in Lebanon The teacher comraet settlement OPEN HOUSE reached this week has replaced featuring,.. SUNDAY, JANUARY 29 School Superintendent .lames P By Scott AAcLeod intensified their shooting at the Kennedy s salary-and benefit 1—4 P.M. United Press International army positions,” said a radio guesswork with a more definite station run by the right-wiiig figure — ond will probably mean a BEIRUT, Lebanon — Lebanese Christian Phalange party. $1.50.000 jump in his proposed $22 9 COVENTRY NEW LISTING troops battled Shiite Moslem reb­ Druze militiamen earlier million spending plan, he said ' RAISED RANCH Watch The Setting Sun els in the streets of Beirut Friday launched artillery strikes against Friday. A floor to ceiling fireplace with raised hearth is located in the army positions at Souk el Gharb, 8. and came under tire from Druze Although Kennedy’s total origi­ family room of this newly listed s.even room, three bedroom From the back deck of this exceptional nine room miles southeast of the capital, Moslem gunners in the mountains nal estimate for staff sal.iries and home Other features include sunken living room. 1'/^ baths, state-run Beirut radio said. No two car garage and two zone oil heal See it today. $75,900 raised ranch. The main level offers three bedrooms, south of the capital. benefits fell far short of the actual The fighting dimmed hope that a casualties were reported. expenditure the new contract the Master bedroom has a private full bath, also formal The Shouf mountain town of Souk diplom atic campaign by the demands, he decided against cut­ dining room, living room and kitchen. The lower level Christian-led government, includ­ el Gharb, guarding access to ting other .leeounts to make up for Beirut from the south, is consi­ has an office, fourth bedroom and family room with ing what is being described as a the $1.50,0()0 difference. dered so important that U.S. major concession to the Druze, Instead, he has lacked the woodburning stove. Other amenities include 2 car at­ warships in September fired on would lead to agreement on a $1,50.000 onto his exisling pro|X)sal Druze militiamen poised to over­ tached garage, 2 zone oil hot water heat with auxiliary peace plan for the Beirut area. — citing the favorable reception run army emplacements there. solar collectors, 2 V2 baths, above ground pool with Druze officials dismissed a day- his budget got from the .school The fighting came one day after old goverpment offer to reinte­ board and the Parent Teacher ANDOVER DRASTICALLY REDUCED deck and lots more. Excellent value, $99,500. Prim e Minister Chefik Wazzan grate Druze renegades into the UP! photo Association Council during recent RANCH announced a plan to reinstate Direction's: Rt. 83, Vernon to Dart Hill Rd. to Skinner Rd. to 90 . : army. But government officials workshops as the reason Over an acre surrounds this unique eight room, four bedroom about 800 Druze officers and said there has been no final The adjusted budget totals ranch Custom kitchen, large master bedroom suite with fire­ Brimwood Dr., Vernon. soldiers who left the army after place family room, also with a fireplace and other custom fea­ ' ' ' • rejection from Druze leader Walid Bishop Law gets tour $23.088..391. Kennedy said, up 8.8 Jumblatt's militia launched its tures Call today for a private showing Was $106,000. now Jumblatt, now in the Syrian capital percent from current spending. anti-government activities in $89,500 of Damascus. Boston’s newly named Archbishop, Rev. Paul Clougherty. The church vyas Further adjustments may be We can help you become a State-run Beirut radio said the September. Bishop Bernard Law, views St. Am­ destroyed by fire last week. Law paid a torthcoming. If the Board of The Druze want greater repres­ "REALE" PROFESSIONAL! fighting between troops and the brose’s Chuch in the Dorchester section one-day visit to Boston and resturned to E cl u cation votes against Call 846-4525. and ask lor Oan. D. F. REALE, INC. Shiites broke out at dusk and raged entation in the government and the Kennedy's proposed closing of armed forces, which they say are of Boston Friday with the church pastor. Missouri the same evening. J into the night along the "Green Highland Park School at its special dominated by their Christian DJ. REALE, INC. Real Estate # i i # m K" A p Line’ ’ dividing Moslem area called meeting Monday, then the superin­ Real E state Shiah from Ain Rummaneh, a rivals.