UAW Chief Warns Strike Could Endanger Chrysler
United Auto Workers President Douglas Fraser warned a strike vote by Chrysler workers could be dangerous. The referendum asks whether to strike on November 1 or wait through the year end. a simple majority will decide.
MENTIONED IN THIS ARTICLE
Detroit
United Auto Workers
Douglas Fraser
Chrysler Corp
Fraser
Tank and File
Chrysler
Chrysler Autoworkers
Larry Leach
Sterling Heights
Mich
Gasoline not culprit in car cost increase
Rochester Wisconsin United Press International reports Runzheimer and Co. concludes gasoline costs rose only slightly as a share of total car expenses from 1950 to 1982. Maintenance fell sharply despite higher labor rates. depreciation and interest rose sharply, reaching nearly half of first year costs.
MENTIONED IN THIS ARTICLE
Rochester, Wis
UPI
Runzheimer and Co., Inc
Robert Kastengren
Runzheimer
Kastengren
Durable goods rise in September except for autos
UPI reports September orders for durable goods rose 0.2 percent to 73.3 billion after seasonal adjustment, led by a 3.2 percent rise outside the auto sector while transportation orders fell 10.3 percent to a low not seen since May 1980.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Stocks Lose Ground After Near Record Run In Late Session
UPI reports the Dow Jones Industrial Average failed to reach its all time high, closing at 1031.46 after a late profit taking wave. The session saw mixed results with volume over 101 million shares and the S&P 500 at 138.83.
MENTIONED IN THIS ARTICLE
New York
UPI
Wall Street
Federal Reserve
Michael Metz
Oppenheimer & Co
Fed
Dow
Dow Transportation
Standard & Poor
Amherst target of new Jacobs stock campaign
Investor Irwin Jacobs through Arctic Enterprises spent 4.15 million to acquire 309 600 shares or 5 02 percent of American Holst and Derrick Co. Jacobs says proposed actions include merger or board representation while American Holst and Derrick chairman Robert Fox warns the move is not in the stockholders' best interests Amherst stock traded at 13 on the NYSE. Harper and McIntire wholesale hardware Cedar Rapids is a Amherst subsidiary.
MENTIONED IN THIS ARTICLE
Minneapolis
UPI
Irwin Jacobs
American Holst & Derrick Co
Jacobs
Arctic Enterprises Inc
American
U.S. Securities and Exchange Commission
SEC
Arctic
Pabst Brewing Co
Milwaukee
Robert Fox
St. Paul
Amherst
New York Stock Exchange
Harper & McIintire Co
Cedar Rapids
Farwell, Ozman, Kirk & Co
Chicago
Diem Chosen Leader in South Vietnam After 1955 Vote
On this date in 1955 Ngo Dinh Diem was chosen to govern South Vietnam in the country’s first free election. He later faced assassination, shaping the region’s political path.
MENTIONED IN THIS ARTICLE
Ngo Dinh Diem
Last U S Copper penny ends at Denver mint
Denver Mint completes copper penny production and switches to zinc coated pennies. Mint Supervisor Nora Walsh Hussey notes 97.5 percent zinc composition, 2.5 percent copper, 20 million new pennies daily, with $25 million annual savings anticipated.
MENTIONED IN THIS ARTICLE
U.S
Denver
UPI
Nora Walsh Hussey
San Francisco
Philadephia
U.S. Treasury
West Point
N.Y
Denver Mint
Hussey
Washington
Treasury
Chemical cuts prime rate as banks hold back
Chemical Bank of New York lowered its prime business lending rate to 11 percent from 12 percent, the lowest in over two years, citing falling money costs. Only Mitsui Bank joined the move. most banks, including Bank of New York, expect no rapid industrywide cut until federal funds fall.
MENTIONED IN THIS ARTICLE
New York
UPI
Chemical Bank
Jeffrey Leeds
Chemical
George Bush
Donald Platten
Mitsui
Los Angeles
William Sullivan, Jr
Bank of New York
Judith Mackey
Townsend-Greenspan & Co
Miss Mackey
ADM Announces New Alcohol Plant in Clinton
Archer Daniels Midland Co plans immediate construction of a multimillion-dollar alcohol plant in Clinton to process 60 000 bushels of corn daily and produce 50 million gallons per year. The facility, ADM’s fourth, will open in 1983 and create only a few new jobs.
MENTIONED IN THIS ARTICLE
Clinton
Archer Daniels Midland Co
Doug Snyder
Snyder
ADM
Nabisco Brands
Cedar Rapids
Decatur
Ill
Peoria
Iowa Firm Wins Nevada Gaming License for Keno Venture
Midwest Commodities Inc of Perry Iowa wins a Nevada Gaming Commission license to take over Keno Tickets Inc of Keno. The firm will invest about 600000 to 700000 dollars unused from a failed commodity futures venture into the gaming outfit led by Cleveland Crudgington, inventor of the keno device.
MENTIONED IN THIS ARTICLE
Carson City
UPI
Iowa
Nevada Gaming Commission
Midwest Commodities Inc
Perry
Keno Tickets, Inc
Keno
Cleveland Crudgington
Also Mentioned on This Page
Leach
Lee Iacocca
Iacocca
the Economic Club of Chicago
UAW
Ward
Gulf & Western
Citicorp
Chase Manhattan
Bankamerica
IBM
Datapoint
E.F. Hutton
Hutton
Bache Group
George Ball
Robert Fomon
Dayton-Hudson
Champion Home Builders
Ranger Oil
Dome Petroleum
SOND
Sandy Cunningham
Tommy Tucker
Peugeot
1St Avenue
Plymouth
First Avenue
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