IN HISTORY

A LOOK BACK AT WHAT MADE LOS ANGELES

WHAT IT IS TODAY

15years ago this week: El Segundo-based National Transactional Systems outfitted 217 Safeway stores with a new generation of ATMs to let shoppers use cards from any California bank to buy groceries and withdraw cash from checking accounts The Navy said it would eliminate 1,295 jobs over the ensuing nine months at the Long Beach Naval Shipyard.

THE NEWSMAKER

Unocal Chairman Fred L. Hartley, who was fighting a hostile acquisition attempt, warned during a House hearing on corporate takeovers that oil-industry consolidation would leave the U.S. “dependent on the whims of foreign oil producers.” Hartley then lambasted the auto and steel industries, made them short on innovative drive.

THE NUMBERS

APRIL 10, 1985

Dow Jones Industrial Average 1259.54

London gold $327/oz.

Paper shredder $499

Cadillac El Dorado $19,697