Stock prices stall after major boom
The Dow Jones industrial average fell 18.21 to 996.87 as trading hit over 100 million shares for a sixth straight session. Economists predicted a slow recovery in 1983 with rates easing gradually, while unemployment neared 10 percent. Labor data showed 695,000 new claims and 4.46 million on regular benefits. A Tampa explosion followed a tanker crash after an auto collision.
MENTIONED IN THIS ARTICLE
Wall Street
New York
David Jones
Aubrey G. Lanston & Co
Poland economy in steep decline deepens its crisis
Soviet moves leverage Western sanctions against Poland as Moscow blames the West for Poland’s distress. Reagan action to drop most favored nation status would raise Polish import tariffs, worsening sales to the U.S. Poland’s industrial capacity idle above 40 percent and output expected to shrink further.
MENTIONED IN THIS ARTICLE
U.S
Poland
Moscow Radio
Reagan
United States
Zbigniew Fallenbuchl
Canada
University of Windsor
Ontario
Solidarity
Vanous
Irving Iron Worker Falls 21 Floors to Death
IRVING Texas AP An iron worker 24 Robert Wright Richardson died after being knocked off balance while installing window braces on the 21st floor at Xerox Center. He was pronounced dead at the scene from multiple injuries. The accident occurred about 7 45 am during construction in the Dallas suburb. Wright was assembling window braces when a brace loosened and toppled him.
MENTIONED IN THIS ARTICLE
Irving
Texas
Robert Wright
Richardson
Dallas
Xerox Center
Wright
Steel imports ruled harmful to U S industry by ITC
The U S International Trade Commission found imports from Belgium France Italy Luxembourg Britain and West Germany injure the U S steel industry. Talks for a voluntary import limit continue as discussions with Western allies persist. The industry faces its worst slump since the 1930s. Meanwhile a Texas company recalled about 2500 cases of Wolf Brand Chili Without Beans due to potential food poisoning organisms. No illnesses reported. cans labeled PC2H2 AC2H2 and 1057. Return purchased product. do not eat.
MENTIONED IN THIS ARTICLE
Washington
U.S. International Trade Commission
Commission
Belgium
France
Italy
Luxembourg
Britain
West Germany
U.S
Texas
Agriculture Department
Corsicana
Merlin A. Nelson
Department
Food Safety and Inspection Service
Louisiana
Nelson
Weather forecast for Permian Basin and Texas region
Fair mild tonight with upper 40s expected and northeast winds 5 to 10 mph. Saturday mid 70s with southeast winds 5 to 10 mph. statewide mostly clear, mild, showers moving into Wichita Falls then dissipating. Readings from Midland: high 72, overnight 49, no precipitation in last 24 hours. Extended: North Texas mainly fair 70s, West Texas cooler inland, Panhandle cooler to mid 60s by Tuesday. Temperatures across Texas vary with highs 70s to near 90 and lows 30s to 60s through the period.
MENTIONED IN THIS ARTICLE
Permian Basin
Texas
Wichita Falls
Panhandle
National Weather Service
Midland Regional
North Texas
West Texas
Big Bend Valleys
Pecos Valley
Big Bend
South Texas
Abilene
Alice
Amarillon
Austin Ee
Beaumont
Brownsville
Childress
Uale College Station
Corpus Christi
Darhart
Dallas
Inflation eases in August with mixed price shifts
The report shows a 0.1 percent August inflation decline and a 1.5 percent July drop, with pork poultry soft drinks beef veal and processed fruits down while fish fresh fruit sugar dairy and coffee rise. Energy up 0.4 percent in September. natural gas costs up 2.7 percent. Capital equipment down 0.4 percent for the first time since February.
Also Mentioned on This Page
The
Associated Press
Albert Wojnilower
First Boston Corp
Wojnilower
Wonnilower
Hanover Trust Co
Labor Department
Tampa
Wharton Group
Jan Vanous
Larry Gardner
Brooklyn
Houston
Nigeria
Iran
Ken Brasel
Southwestern Bell Telephone Co
Chicago
Eve
Lincoln Park
Zoo
Southwest Side
Edward Charles Glick
Alfred LaDoux
Wolf
Odessa
Asmarican
Fourth Street
Odessa American
P.O
Imo
Beeen
Galveston
Longview
Lubbock
Lufkin
Marfa
McAllen
Midland
Palacios
San Angelo
San Antonio
Shreveport
Stephenville
Texarkana
Victoria
Waco
Wink
Thomas Thomson
San Francisco
Crocker National Bank
Litton Systems Canada Ltd
Toronto
Litton Systems
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