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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
May 15, 1990
Page
5
Washington AP reports inventories held steady at 794 billion dollars in March while sales rose 0.6 percent to 539.1 billion. Backlogs were revised higher for February and January, with manufacturing and wholesale sales also gaining.
New York stocks rose to record levels on Monday as rates eased. The Dow gained 19.96 to 2821.53, NYSE volume was 225.41 million, and major indices including the S P industrials, S P 500 and NASDAQ rose, with broad advances across warm to 1,062 issues up versus 555 down. Volume across exchanges reached about 270.80 million shares.
Omaha live stock market reports hogs cattle and sheep values with steady to lower prices across weight classes. Basco Hand Tools reports a three month net loss of 1.683 million dollars after extraordinary item versus earnings a year earlier. three month sales were 348.457 million.
Wheat and corn futures quoted on the Chicago Board of Trade with May and July contracts showing modest gains. Oats also rose slightly amid active trading, with Friday’s sales and open interest figures noted across grains.
Prices for captive dolphins climb as a Gulf of Mexico illness spurs a capture ban and a 90 day moratorium. Demand from tourist ventures and new big spenders push per-animal offers toward six figures while quotas tighten and major facilities race to secure stock. Mirage in Las Vegas adds a multi dolphin exhibit with educational aims, not performances.
Airpax Corp workers in Cambridge seek a National Labor Relations Board election to join United Steelworkers. About 700 production employees would vote. the action is separate from Airpax operations in Frederick. Airpax, Baltimore born and later part of North American Phillips, has faced multiple union drives in Cambridge since 1975.
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