Strong dollar and cheap foreign cars amid 1980s trade tensions
The dollar rises against the yen driving down imported car prices while U.S. factories run below capacity. Analysts foresee a dollar turnıldığı as banks predict yen strength and possible lower U.S. rates later in 1983. Major banks and Merrill Lynch eye a mild dollar depreciation in 1983.
MENTIONED IN THIS ARTICLE
U.S
United States
First Pennsylvania Bank
Chase Manhattan Bank
Federal Reserve
Merrill Lynch
Economic Releases and Stock Offerings Ahead This Week
Federal Reserve money supply report due Monday and October trade figures plus leading indicators and productivity data expected through the week. Government price measures, unemployment claims, construction spending, inventories, home sales and November unemployment are on the schedule, with several regional meetings in Iowa and a New York stock and bond offering slate for Tuesday through Friday.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Commerce Department
Agriculture Department
Labor Department
New York
Cleveland Electric Illuminating Co
Salomon Bros. Consumers Power Co
Salomon Bros
Duquesne Light Co
Also Mentioned on This Page
John Cunnitt
Associated Press
Japan
Europe
Lars
Matthew S. Simchak
Pettit and Martin Law Firm
Washington, D.C
Eastern
Iowa
National Contract Management Association
Indian Creek Country Club
Marion
Earl Jago
Waterloo City
Cedar Valley
Society of Real Estate Appraisers
Pinicon — Red
Independence
Cedar Rapids-Iown City
The
National Association of Women In Construction
People’s Bank
Third Ave
Bond Calendar
Pennsylvania
Philadelphia
Ashton-Tate
Rothchild Unterberg Towbin
First Federal Savings Bank of California
Goldman Sachs
First Savings Bank of Florida
Dean Witter Reynolds
Gibraltar Financial Corp
Salomon Bros. Grace Inc
Prudential Bache
Intermountain Power Agency
Mississippi
New England
New Jersey
Allegheny County
Puerto Rico
TGI
Texas
Brazos River
Finance Company
Telerate Systems Inc
U.S. der
Heublein, Inc
Hartford
Conn
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