Wall Street Opens Lower as Rates Rise and Banks Raise Borrowing Fees
On Wall Street prices opened lower as the prime lending rate rose from 8 12 to 8 4 percent and profit-taking continued. Analysts cited First National City Bank raising its minimum borrowing fee for top corporate customers as a depressant.
MENTIONED IN THIS ARTICLE
New York
First National City Bank
Livestock Prices Report Cincinnati USDA
In Cincinnati Ohio the USDA cattle and calves report shows slaughter steers steady with limited price tests. Load choice slaughter steers 1060 lb at 51.00. hogs active with barrows and gilts steady to 0.25 lower, U S 1 3 200 230 lb 54.25 54.50, 2 3 230 250 lb 53.75 54.00. Lows 1.00 higher 300 450 lb 42.00 450 650 lb 45.00 45.50. Sheep 25 untested.
MENTIONED IN THIS ARTICLE
Cincinnati, Ohio
USDA
U.S
Egg Prices and Grades in Ohio Markets Report
Prices paid to packing plants for eggs delivered to Ohio cities show cartons Large A 75 to 81 cents, Medium A 68 to 75, Small A 48 to 54. Retail carton deliveries run mostly 85 to 87 for Large A, 81 to 83 for Medium. Ohio farm hens noted as light to few. Truck lots of ready to cook broilers and fryers range 59 to 65 cents in Cincinnati Cleveland and Columbus.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Ohio
U.S
Cincinnati
Cleveland
Columbus
Armco to Buy About 350000 Shares of Its Stock
Armco Steel Corp said it will acquire about 350 000 shares of its common stock from time to time in the open market. The shares equal about one percent of the 29 450 000 shares outstanding in Q2. Armco common closed at 21 1/2 on the NYSE. Inventor Samuel Colt was born in Hartford Connecticut on July 19 1814.
MENTIONED IN THIS ARTICLE
Armco Steel Corp
Armco Common
Samuel Colt
Revolver
Hartford, Conn
Union elections set for two Dillmans stores
The National Labor Relations Board announced elections for Aug. 3 for employees at Dillmans locations 1741 S University Blvd and 2100 Central Ave to decide if they will be represented by Retail Store Employees Union Local 1099 AFL-CIO.
MENTIONED IN THIS ARTICLE
National Labor Relations Board
S. University Boulevard
Central Ave
Retail Store
Retail Clerks International Association
Afl-Cio
Five area residents on unclaimed funds list this week
Five area individuals and one state agency appear on the current unclaimed funds list from the state Commerce Department. The notices show names, addresses, and various amounts due including credits, uncashed checks, and deposits at county courthouses and state liquor stores.
MENTIONED IN THIS ARTICLE
State Commerce Department
Pauline Schmidt
Carson Road
Middletown
District 8
Highway Department
Lebanon
Janet D. Edwar
Service Lane
Hamilton
Doris W. Johnson
Princeton-Glendale Road
Harold Ratliff
Polyanna Ave
Germantown
Mary Dadabo
Pleasant Ave
Two Hurt in Dixie Highway One-Car Crash
A driver Linda Mitchell 24 and passenger Charles Smith 640 Lafayette Ave were injured in a one car crash on Dixie Highway near the Dixie Motor Inn yesterday morning. They were treated at Middletown Hospital and released.
MENTIONED IN THIS ARTICLE
Dixie Highway
Dixie Motor Inn
Middletown Hospital
Linda Mitchell
Lafayette Ave
Charles Smith
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Grant W
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Ms Lig. Myers
Lyke Yng Marathon di Marcor Inc
Mead Corp
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Ohio Edison
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StudeWorth
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Tex Eastern
First Banc Group
First National
Chicago
New York Stock Exchange
Dillman’s
Vry
THE
DENNY
Grimes
Greathouse
Cabana
A. Greathouse
Cenes
Central Avenue