syslog time problem

Where does syslog get it's idea of time?

After manually updating /etc/localtime to account for
the recent DST change, the other daemons get the message after
a restart and figure time correctly.  But the -- MARK -- entries
from syslogd are still wrong, in spite of it being restarted
regularly from cron.  This behaviour is consistant across several
old 2.2.xx machines.  What am I missing here??

-- 
Jim Roy