The Bonn Summit Promise Not a Fulfillment
The Bonn meeting yields a hopeful pledge for growth and trade with axes on inflation, oil, and currency cooperation, led by Carter and Schmidt and joined by Fukuda. While U S output rises modestly, inflation persists and a future evaluation rests on post summit actions and global economic shifts.
MENTIONED IN THIS ARTICLE
Bonn
Alexandre Dumas
Carter
U.S
America
Takeo Fukuda
Schmidt
Japan
Alphonse
Robert Strauss
Europe
Fukuda
Commodities End Week With Mixed Metals And Livestock Moves
A misleading report on Middle East oil pricing briefly unsettled markets but clarified as OPEC suggested pricing crude in a group of currencies. Gold rebounded as investors eyed economic risks, while grains gained modestly on favorable weather. Cattle futures rose sharply on beef supply signals, hogs edged higher, and pork belly stayed roughly steady amid irregular livestock trading.
MENTIONED IN THIS ARTICLE
Chicago
Middle East
U.S
Organization of Petroleum Exporting Countries
Department of Agriculture
Brown-Forman to Buy Southern Comfort Stock for 80 Million
Brown-Forman Distillers Corp announces it has acquired a $10 million option to purchase all outstanding Southern Comfort Corp. shares of St. Louis in 1979 for $80 million in cash. President W L Lyons Brown Jr says projected returns should exceed 14 percent after taxes if targets are met.
MENTIONED IN THIS ARTICLE
Louisville, Ky
UPI
Brown-Forman Distillers Corp
Southern Comfort Corp
St. Louis
Brown-Forman
W.L. Lyons ‘Brown Jr
Federal Home Loan Banks announce new discount notes rates
The Federal Home Loan Banks issued a rate change for consolidated discount notes with 30-59 days at 7.35 percent 60-89 days at 7.50 percent 90-189 days at 7.65 percent and 190-270 days at 7.95 percent The four primary dealers are Discount Corp of New York First Boston Corp Aubrey G Lanston Co Inc and Wm E Pollock Co Inc
MENTIONED IN THIS ARTICLE
Washington
UPI
Discount Corp. of
New York
First Boston Corp
Aubrey G. Lanston & Co. Inc
Wm. E. Pollock & Co. Inc
Ethyl Corp Buys Hardwicke Chemical for 15 Million
Ethyl Corp announced it has purchased Hardwicke Chemical Co of Elgin South Carolina for 15 million dollars. Hardwicke employs about 100 workers and makes pesticide intermediates. Management will stay with James F Hardwicke.
MENTIONED IN THIS ARTICLE
Richmond, Va
UPI
Ethyl Corp
Hardwicke Chemical Co
Elgin, S.C
Hardwicke
Ethyl
James F. Hardwicke
Stock dividends and earnings shifts from July 1978
United Press International lists weekly stock moves with dividend increases and price changes. Highlights include Aluminum Co, Amer-50c from 45c. Idaho Power 57c from 54c. Honeywell Inc 55c from 47 2c. DuPont Co 3.92 vs 3.28. Polaroid Corp 80 vs 62. Trans World Air 2.33 vs 1.64. UAL Inc 334 vs 1.21. Monsanto Co 2.07 vs 2.18. Goodrich 1.15 vs 1.0. several mergers and acquisitions notes with CapTech, Diamond Inti, Heileman Brewing, and others.
MENTIONED IN THIS ARTICLE
United Press International
GAF Corp
Gillette Co
Hobart Corp
Honeywell Inc
Hunt Philip A Chem
Huyck Corp
Idaho Power
Lee Enterprises
Mesa Petroleum
American Coal
Wisconsin Gas
Devon Group
Wu! Inc
Marlenenner
Allegheny Air
Bankamerica Co
Boise Cascade
Ie Burl Northern
Congoleum Co
Control Data
DuPont Co
Hilton Hotels
Hutton (Ef) Group
S Engelhard Min
Goodrich (Bf
Ie McLouth Steel
Memorex Corp
Monsanto Co
Stone Container
Texasgulf Inc
Watkins Johnson
ATO Inc -CapTech Inc
Diamond Inti -Lmf Corp
Heileman (G
Brewing
Emrich Baking
Scovill
N.Y.S
Louisiana Energy Corp
Keystone International Inc Resources Inc
A Met-Pro Corp
Also Mentioned on This Page
J.A. Livingston
Helmut Schmidt
Germany
France
Italy
Canada
Great Britain
United Kingdom
E.C.D
M.F
Tyler Core
New England
Robert Collins
New England Life
Speicher Agency
Cedar Rapids
Executive Plaza
New England Mutual Life Insurance Company
Boston
NEL Equity Services Corporation
Loomis, Sayles & Company, Inc
Don Healy
George
Gary Evilsizer
Auto Radiator Service
First National First
First National
Gary
Seventh Avenue
S.E
Iowa
Kinest National Bank
THE
First National Bank OF
Marion
FDIC
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