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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Aug 24, 1985
Page
2
New York AP reports platinum, once the top precious metal, surged over $100 an ounce from a low and narrowed the gap with gold. Analysts cite South Africa turmoil and potential supply disruptions as triggers, with broader forces like the dollar and European auto emissions cleanup shaping long term performance.
About 200 United Food and Commercial Workers members staged a peaceful protest around First Bank System Inc. in Minneapolis to press Hormel to raise its contract offer. They argued the bank, via Hormel Foundation stock and mutual board seats, could influence corporate policy. bank and company deny undue influence. No injuries or arrests reported.
Fans gather for a Sunday event featuring tough trucks with all four wheels in motion battling for cash in a mud filled clash. The competition promises high energy as drivers push limits in a chaotic track setting.
New York AP reports stocks closed mixed with the Dow rising 0.22 to 1318.32, securing its first weekly gain since mid July as steel, telephone and drug shares lagged while chemical and oil issues advanced. Market volume slowed, with a narrow late-day drift and caution ahead of potential Fed easing and a July durable goods order drop.
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