U.S. economy sinks deeper into recession in 1981 report
Financial Times summary shows unemployment rising to 8.4 percent in November and forecasts may reach nine percent. It highlights weak orders for machinery, bleak factory orders, mixed GDP signals, and expected housing and retail slumps. Prices show mixed signals with modest producer and consumer gains.
MENTIONED IN THIS ARTICLE
Financial Times News Service
New York
United States
Labor Department
Murray Weidenbaum
President’s Council of Economic Advisers
Thomas Harter
Mortgage Bankers Association of America
U.S
Sears
J.C. Penney Co
F. W. Woolworth Co
Stelco Partners in U S mill revival bid for Wisconsin Steel
Stelco of Canada emerges as central backer in a planned 200 million revival of the Wisconsin Steel mill in Chicago. The deal, led by American Spring Wire, could re open the plant as a mini mill with electric steelmaking furnace and rod and bar mills, employing about 1,000 at peak. The EDA has pegged asset values around 30 million after earlier 60 million estimates.
MENTIONED IN THIS ARTICLE
Chicago Sun-Times
Chicago
The
Steel Company of Canada
Wisconsin
Steleo
American Spring Wire
Economic Development Administration
Commerce Department
Stelco
Ed Levin
EDA
U.S
Canada
Wisconsin Steel
United States
Levin
Washington
Lawrence Selhorst
Selhorst
Bar Mills
Desmarais Moves Closer to Controlling Canadian Pacific
Power Corp. of Canada and Paul Desmarais tighten grip on CP with 4.4 percent stake for 174 million dollars. Agreement limits voting to 15 percent and sets conditions on takeovers while Desmarais plans to join CP board next year.
MENTIONED IN THIS ARTICLE
Montreal
Power Corp. of Canada Ltd
Canadian Pacific Ltd
Power
Paul Desmarais
Desmarais
Rory Jones
Pitfield Mackay Ross Ltd
Neil Wickham
Greenshields Inc
Canadian Pacific
Ian Sinclair
Florida
Sinclair
Power Corp
CSL Group Inc
CP Ltd
Quebec
CP Laserphoto
Imperial Oil poised to weather Ottawa energy controls
Imperial Oil Ltd. leads among foreign controlled oil firms in Canada to withstand Ottawa’s plan to raise domestic control of $4 billion more of the industry’s assets by 1990. Diversified operations across oil and gas, refining, and chemicals buffer against declines in conventional production and taxes. Imperial holds stakes in Panarctic Oils and Beaufort Sea ventures, plans a 1982 drilling program near $200 million, and pursues frontier farmouts.
MENTIONED IN THIS ARTICLE
Financial Times
Calgary
Imperial Oil Ltd
Ottawa
Imperial
Arden Haynes
Esso Resources Canada Ltd
Gulf Canada
Hibernia
Kopanoar
Tarsiut
Beaufort Sea
Gulf
Issungnak
Beaufort
Panarctic Oils Ltd
Arctic Islands
Canada
Frontier
Alberta
Philippe Hervieu
Montreal
Nesbitt Thomson Bongard Inc
Shell Canada Ltd
Hervieu
Eliane
Demers
Nesbitt
Hervieu and Demers
Oilweek
Syncrude Canada Ltd
Fort McMurray
Syncrude
Also Mentioned on This Page
National
Machine Tool Builders’ Association
Reagan
George A. Christie
F. W. Dodge
McGraw- Hill Inc
Kelly's
U.S. Mill
M.U
Moi
Aaa
Bedford Arms
Edmonton
Shelter Corporation OF Canada Limited
Bonaventure
S.E
Doug Beatty
Securities Commission
Associated Power Companies
Wickham
Quebec Pension Agency
Market Square
Brantford
Ont
Imperial Oil
Norman
Northwest Territories
Cold Lake
Alta
Sars Haynes
Judy Creek
Alta Imperial
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!