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New Castle News in New Castle, Pennsylvania

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

New Castle News

Location

New Castle, Pennsylvania, United States of America

Date

Jun 02, 1987

Page

7

Stock quotes from New York Market show mixed advances

UPI reports selected nationwide composite prices for NYSE listings with Abbot Laboratories Amoco and Avnet among movers. The table lists last prices, changes and volume indicators for numerous stocks including AT&T Bell System and Boeing, reflecting varied gains and losses across sectors.

York New York UPI New York Stock Exchange Alcana Va Allis Chaim Boston Cincinnati Pacific American Stock Exchange Acton Amdahi Dome Petro Sears GuifCda Hormels Hovolt Instrum Pave Mitchell Starrett

Home sales rise in April amid rate hike caution

The Commerce Department reports a 7.6 percent April gain in new one family home sales at a seasonally adjusted annual rate of 777,000, with average price at 118,800 dollars. Economists note mortgage rates climbed, aiding April’s strong pace while existing home sales slipped about one percent per NAHB figures. In Pittsburgh, Judge Warren Bentz plans to allow EDA foreclosure of Wheeling-Pittsburgh Steel's Monessen rail mill, seeking to save about 800 jobs through a negotiated proposal after termination of an earlier moratorium.

Washington UPI Commerce Department National Association of Realtors Pittsburgh Wheeling-Pittsburgh Steel Corp Monessen Westmoreland County Warren Bentz Economic Development Administration Bentz EDA Wheeling- Pittsburgh Mid-Mangahela Valley Industrial Development Association

Maine Severance Law Upheld by Supreme Court

The Supreme Court ruled 5-4 that Maine may require severance pay for workers losing jobs due to plant closings or relocations. The decision allows states to enforce a severance provision despite ERISA and NLRA concerns, stating it is a valid use of police power. The case arose from Fort Halifax Packing Co. layoffs in Winslow, Maine, where the law applies to plants with 100+ employees and 3+ years tenure.

Washington UPI Supreme Court Maine William Brennan Brennan Thurgood Marshall Harry Blackmun Lewis Powell John Paul Stevens Bryron White William Rehnquist Sandra Day O’connor Antonin Scalia Pennsylvania Chamber of Commerce of the United States Fort Halifax Packing Co Corbett Enterprises Inc Winslow

Stock Market Snapshot with Broad Index Figures

A dense list of tickers and numbers appears to track prices, volumes and percentage changes across multiple sectors. The page includes company names, price hints, and notes on dividends and market indicators, resembling a composite market table from a late 20th century financial section.

Also Mentioned on This Page

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