February Durable Goods Dip Sparks Mixed Views
U S factory orders for big ticket durable goods fell 4 percent in February after gains in three prior months. Defense capital goods led the drop, down 33 percent, while primary metals rose 19.1 percent. Economists caution against overinterpreting one month, noting underlying recovery and a strong first quarter signal.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Robert Ortner
Donald Straszheim
Wharton Econometrics
Philadelphia
Department
Reagan
Salami recall expanded over possible glass in products
OHSE Meat Products of Topeka expands a voluntary recall to include 6 ounce OHSE salami in Minnesota and Iowa and 12 ounce and 3 pound packages in Arkansas after further USDA investigation. The expansion covers brands OHSE County Fair IGA Sure Fresh and Good Value with sell by dates April 27 and 28. No other products or dates are involved.
MENTIONED IN THIS ARTICLE
Washington
Kansas
U.S. Agriculture Department
Ohse Meat Products Inc
Topeka
Kan
Missouri
Colorado
Texas
New Mexico
Oklahoma
OHSE
County Fair
IGA
Sure Fresh
Minnesota
Iowa
Arkansas
Donald L. Houston
USDA
Food Safety and Inspection Service
Houston
Ford offers repairs on 474000 Escort Lynx EXP LNZ cars
Ford Motor Co says it notified owners of 474000 1981 1982 Escort Lynx EXP and LNZ models about potential rusting muffler inlet pipes and will pay or reimburse for exhaust system repairs. Coverage targets cars built before April 1982 in Snow Belt states and Canada with 24 000 to 36 000 miles and 2 to 3 years old. later models use aluminized steel.
MENTIONED IN THIS ARTICLE
Dearborn
Mich
UPI
Ford Motor Co
Escort
Lynx
EXP
LNZ
Canada
Warren LeBaron
Ford
LeBaron
GE to market telephones in June with two year warranty
General Electric announced a June entry into the consumer telephone market. Five models will range from 43.95 for a push button extension to 199.95 for a cordless system. The company aims to leverage its consumer products reputation and distribution network to compete with AT&T in a crowded field.
MENTIONED IN THIS ARTICLE
New York
UPI
General Electric
Consumer Products
G.E
American Telephone & Telegraph Co
Last-minute tumble leaves market mixed
The Dow fell 2.71 to 1122.58 amid a late selling wave sparked by a discouraging February durable goods report. Oil stocks led declines on N YSE with Waste Management, Exxon, and Goodyear among the heaviest traded.
MENTIONED IN THIS ARTICLE
New York
UPI
Dow Jones
Dow
Standard & Poor
New York Stock Exchange
NYSE
OPEC
Saudi Arabia
Crown Prince
Tax rules define support amount as dependency yardstick
The article states that the value of support, not duration, determines eligibility for the dependency exemption on tax returns. It details what counts as support, including lodging value, proportional sharing, and special rules for multiple supporters and divorced parents, with figures for 1982 exemptions and income thresholds. United Press International.
MENTIONED IN THIS ARTICLE
Commerce Clearing House
National Reporting Authority
United Press International
Dollar moves on EMS realignments and French cabinet resignation
The dollar weakened in Europe after EMS currency realignments but rebounded in New York as the French cabinet resigned amid divisions over France’s stance in the EMS. The pound rose from a record low while gold and other metals posted mixed moves across London Zurich and New York markets.
MENTIONED IN THIS ARTICLE
New York
UPI
Europe
EMS
Zurich
London
New York Commodity Exchange
Comex
West Germany
Karl Otto Poehl
Francois Mitterrand
France
Britain
North Sea
Bank of England
Tokyo
Merrill Lynch ends upstairs trading in NYSE stocks
Merrill Lynch will stop making markets in NYSE listed securities as part of its retreat from off-board trading. The firm cites inefficiencies in exchange interfaces and communications, shrinking the program as fewer stocks are traded off-board. The SEC rules aim to create a national market system and the decision leaves future participation in doubt.
MENTIONED IN THIS ARTICLE
NEW York
UPI
Merrill Lynch, Pierce, Fenner & Smith Inc
New York Stock Exchange
Securities and Exchange Commission
Merrill Lynch
Robert Rittereiser
Rittereiser
SEC
Also Mentioned on This Page
Pac-Man
NAVY
el Segundo
Calif
Hughes Aircraft Co
Consumer Corner
David Polen
David M. Polen & Co
Polen
Waste Management Inc
New York Times
Exxon
Goodyear Tire
Sears
American Telephone & Telegraph
IBM
Baldwin United
Imperial Chemical
Wang Laboratories
ATI Inc
National Association of Securities Dealers
Merrill
Ginnie Mae
C.d.s
National Mortgage Association
Government
U.S. Govt
Ginnie Maes
SCI Financial Group
Second Avenue Southeast
Cedar Rapids
Securities Corporation of Iowa
SIPC
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!