Energy unions inch toward merger talks at miners convention
At the United Mine Workers convention in Miami Beach, OCAW official Tony Mazzocchi said a national energy workers union is at least a year away. He noted a resumed merger effort with UMW failed in 1987 and that details remain to be worked out after a philosophical agreement.
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National Energy Workers Union
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Jay Rockefeller
West Virginia
Former municipal union leader sentenced
A 46 month prison term was imposed on Earl Stout for stealing over 700000 from the Anaritan Federation of State County and Municipal Employees. Stout faced 32 counts of mail fraud six thefts one conspiracy and one racketeering count. Restitution to the union was set at 445309. Stout remains free on bail pending appeal.
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Earl Stout
Elizabeth Ainslie
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Grain futures traded on Chicago Board of Trade
Amid thin trade the CBOT grain futures show open highs lows and settles for WHEAT CORN and OATS with mixed percentages. Notable figures include December Wheat around 268 to 283 and Corn around 224 to 244 per bushel while Oats trades hover near 125 to 149 with Wednesday sales totaling 48 525 and open interest near 99 916.
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Chicago Board of Trade
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Wed
Midwest beef and pork market snapshot from Des Moines
AP dispatch from Des Moines notes boxed beef demand weak for Select and Choice chuck while rib cuts show strength. Cutout values rise for Choice and Select carcasses, US No 2 pork carcass value up, loin and bellies price ranges listed. Daily slaughter estimates include cattle 126000, hogs 318000, calves 6000, sheep 23000.
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Iowa
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Omaha
Dollar Dips as Rumor Moves Market in Tokyo
The dollar fell to 147.05 yen in volatile Tokyo trading amid a Persian Gulf rumor. The Nikkei stock average dropped 123.19 points to 23,602.98, as traders noted sharp swings and overall market weakness. Emmett Kelly Jr. will appear at The Happy Clown Cards & Gifts Thursday Oct 4 from 5 to 8 p.m. for autographs and photos, with details at 695-8874.
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Trump seeks delay on Trump Shuttle loan payments
Donald Trump requests deferment of loan payments on the Trump Shuttle airline, citing high fuel costs and weak Northeast economy. The Wall Street Journal notes potential restructuring of about 245 million in debt with Citibank and other lenders, risking loss of control if deferral is blocked.
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New York
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Boston
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