Japan tops U.S. in annual auto output for first time
Japan Automobile Manufacturers Association reports 11 million units projected for 1980 as Japan surpasses the United States in production. U.S. output for January to November totals 7.4 million with December not yet counted, as Japan benefits from strong motorcycle, passenger car, and truck numbers. GM forecasts a rebound in 1981 while Chrysler plans K car cuts and plant layoffs amid industry-wide adjustments.
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Sy Associated Press
Japan
U.S
Japan Automobile Manufacturers Association
Tokyo
United States
Association
Ance
Roger B. Smith
Chrysler
Bob Heath
Thomas A. Murphy
Smith
Stock market wrap from New York listings and indexes
New York stocks listed on the American Stock Exchange show broad activity with Gulf, SoPac, and Standard stocks highlighted. Composite prices, dividends, and indexes appear alongside notable tickers such as Exxon, Texaco, IBM, and Kodak with multiple percentage changes noted.
Market Mixed As Inflation Data Weighs Sentiment
Wall Street struggled for direction after a sharp inflation report and mixed gains in major banks. The Dow hovered near 957 as 1,868 NYSE issues traded with advances outpacing declines, while investors awaited further signals on rates and growth.
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New York
UPI
New York Stock Exchange
Edwin Meese III
Ronald Reagan
Reagan
Yields on Treasuries Fall at Monday Auction
Short term Treasury bills slumped as 13 week notes yielded 14.992 percent and 26 week bills 14.032 percent. The Treasury sold 4.001 billion of 13 week bills and 4.0 billion of 26 week bills. As rates drop banks may lower six month money market certificates to 14.282 percent while small saver certificates stay at 11.75 percent. The 24 year yield curve stood at 14.15 percent, above legal ceilings.
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Washington
UPI
Treasury
Treasury Department
Department
Midwest Markets Omaha Livestock Prices Tuesday Report
UPI notes hogs down 1.00 to 2.00 with 4 000 head traded, No 1 2200-240 Ibs at 44 00- 44 75, 240-250 Ibs 43 00-43 75, sows 50 lower to 1.00. calves 2200 traded, steers yield grades 2-4 barely steady, primes at 64 75 for 1200 Ibs, 900-1100 Ibs 61 50-62 75. Cattle and calves Wednesday estimates show 600 head, hogs 1500 head.
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Omaha
UPI
Des Moines
Webster City
Joliet
Sioux City
USDA
U.S
Iowa Livestock and Grain Prices Meshed Across Markets
Iowa and Chicago reports show hogs and beef with slow demand and uneven prices. Hog prices range 40.00 to 44.00 for various weights, beet prices mostly steady to down, and pork loins and hams noted with small declines. sugar-like lows for heavier sows. Wheat and corn futures posted mixed values, oats and soybeans quoted with modest moves. Webster City and Des Moines summaries indicate dull to moderate trading, holiday affected schedules, and steady to unchanged farm egg prices with regional variations.
MENTIONED IN THIS ARTICLE
Des Moines
Grain and Livestock Markets Report From Cedar Rapids and Chicago
December to March soybean and yellow corn prices rose at Cedar Rapids processors while white corn and oats held steady from Monday. Soybeans quoted between 7.60 and 7.87 per bushel, corn between 3.37 and 5.00 per ton, with prices provided by Pro Farmer Grain. Livestock in Joliet and Sioux City saw slower trade and mixed price shifts, hogs down about 1.00 to 1.75, cattle and cows largely steady to lower, and US bulk dairy prices edging higher for butter and stable for eggs in Chicago trade.
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First Mid-America Chicago
Chicago Mercantile Exchange
Mid-America
New York
Cedar Rapids
Chicago
USDA
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