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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Apr 14, 1992

Page

6

Caterpillar and UAW push for compromise in talks

Caterpillar and the United Auto Workers entered a second day of mediation over a five month strike that idled nearly 13,000 workers in Hinsdale Illinois. The firm screened applicants to replace strikers and planned first hires by May 1 while Jerry Brown planned a visit to picket lines.

Hinsdale Caterpillar Deere & Co Deere Gil Nolde

Markets rally as IBM leads gains on earnings beat

New York stocks edged higher with the Dow up 23.03 to 3292.93 at midday as volume topped 101 million shares. IBM climbed about 1 percent after reporting $1.04 a share in operating profit, with Chemical Bank, GTR, Merrill Lynch, and PaineWebber among active movers. Treasury yields steady, NYSE composite up 1.75 to 225.91. Omaha and St. Joseph livestock markets reported steady to higher terms for hogs, cattle, and lambs with varied weight ranges and prices overall.

New York New York Stock Exchange Wall Street IBM Chemical Bank GTR Merrill Lynch

Ogden Financial Services acquires Columbian marketing division

Ogden Financial Services of Topeka gains Columbian Securities Corp marketing division. All customer accounts and registered representatives transfered to Ogden on April 1. Lawrence contact is Don Lehman. Through Columbian Planning/Ken Ogdon Agency, firm sells employee benefit plans to over 200 employers including Lawrence Public Schools.

Ogden Financial Services Columbian Securities Corp Columbian Ogdon Lawrence Don Lehman Columbian Planning Corp Ken Ogdon Lawrence Public Schools

Banks Brace for More Prime Rate Cuts After Chemical Move

New York AP analysts expect more banks to trim the prime rate to 6.25 percent after Chemical Banking Corp cut its rate by a quarter point for Chemical Bank and Manufacturers Hanover Trust. The Fed's Friday rate cut spurred the move, with further reductions possible as banks weigh profit impacts. If others follow, the prime would match its 1976 low.

New York Chemical Banking Corp Chemical Bank Hanover Trust Federal Reserve Board Federal Funds Chemical Carol Stone Nomura Securities International Inc

Floods Halt Chicago Markets Roil New York Exchange

The Chicago flooding shut the Chicago Board of Trade minutes after opening and led to a broad trade drop on the New York Stock Exchange. Chicago options and mercantile exchanges also paused as river water flooded tunnels, forcing power losses downtown. activity was set to resume for the CBOE and Merc today.

Detroit General Motors Corp Robert C. Stempel Stempel Chicago Wall Street New York Stock Exchange Chicago Board of Trade Board CBOT Chicago Board Options Exchange The Chicago Mercantile Exchange Loop

Also Mentioned on This Page

UAW Federal Mediation and Conciliation Service Bernard DeLury Toyko Stock Exchange Midland PaineWebber At&t General Motors Ford American Stock Exchange Omaha Livestock Omaha Neb USDA St. Joseph Livestock ST. Joseph, Mo Hansan Heinz NYSE Kelloggs Kroger Alcoa Lilly Amoco Baxter BS Dada Wa Wat Monsan Morgst Sna SM BellAd Viet Ve Morgan Ib BellSo Aay Adie Fa Natns Bk Asia Java Boeing Pepsic Chrysler Ava Ryder Saatchi Va DowCh Sears Asatta DuPont Va ShawNt Exxon Va Usxmarn Lad Hans Wi Gy Weyerh Allied Sig Fleming Fourth Financial Hercules KPL Kmart Res Merck Jcpenney Quaker Sallie Mae Santa Fe TRW Trinova UtiliCorp Wal-Mart Western Financial Ya Williams Ban Woolworth Oe Lade Edward D. Jones Co Dave Bales Eee Teseme Lee Louisiana Dave Topeka Washington Treasury Treasury Department Ron Turner Missouri Don Kelly Ron King West Health Life Warren Anderson LUTCE Iowa Shoney's Buzzard Mesa Way David Prosperi CBOE Merc Kinko's Kinka's Kinka's Graphics Corporation Kinko Vermont
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