Commodity Scene In Disarray At Chicago Futures Market
The Chicago Board of Trade reviews 20 commodity firms amid near panic selling after a day of steep losses on exchanges. Margin calls and fears of high rates and a slowdown drive declines in grain futures. no immediate regulatory action planned. Farmers Export Co directors announce president James Layton resignations amid turmoil.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Chicago Tribune
Commodity Futures Trading Commission
Washington
Commission
the Tribune
Shearson Loeb Rhodes, Inc
Bache Halsey Stuart Shields, Inc
Exchange
Board of Trade
Robert Wilmouth
Wilmouth
Poland
Soviet Union
U.S
Farmers Export Co
Kansas City
James Layton
Carter Approves Methane Research
President Carter signed a bill providing 13 million dollars over three years for methane research and demonstrations to test its viability as an automotive fuel. Rep. Daniel Glickman and Sen. Ernest Hollings spoke at the White House as the Energy Department would run the program with loans for trials. Methane could be sourced from urban sludge and farm waste, potentially lowering fuel costs and reducing oil use.
MENTIONED IN THIS ARTICLE
Washington
Carter
Daniel Glickman
D-Kan
Ernest Hollings
D-8.c
White House
Oval Office
Glickman
Energy Department
States Lose Federal Aid Over Auto Emission Inspections
California and Kentucky face an $850 million and $34 million cut in highway and sewer funds after failing to require annual auto exhaust inspections in six cities and two counties. Officials say the EPA action threatens growth programs, while opponents call inspections costly.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
California
Kentucky
U.S. Environmental Protection Agency
EPA
James Dressman
Kenton County
San Francisco
Diane Feinstein
Portland
Ore
Wall Street gains ground amid quiet trading on hopeful mood
The Dow rose 4.95 to 913.40 at noon as advances outpaced declines nearly two to one on the NYSE. Apple Computer debuts at 22 a share after OTC trading, GM active at 43.4, NYSE volume 17.35 million. Mobil up 4% on DOE synthetic fuels study news. IBM and AT&T mixed, Texaco up 3% at 46. News notes grain drops, metals rise, markets steadying after a recent slide.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
NYSE
American Stock Exchange
Mobil
Department of Energy
Shahs Money Still Snags Negotiations
Be Ir an insists the United States must return the shahs fortune and rejects US plans to let courts decide ownership. Tehran says it will not submit Iran assets to US courts, while hostages remain in captivity. Iran notes a more positive US response but offers no guarantee of release.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Iran
U.S
United States
Islamic Republic of Iran
Mohammad Reze
Behzad Nabavi
Mohammad Ali Rajai
Ahmad Azizi
As-Safir
Shah
Azizi
Nabavi
As- Safir
Pars
Associated Press
USS
Washington
Sunday Dec 14 1980 Auction at Citizens State Bank Pomona
Auction notice lists Jack Nelson and Mickey Johnson as bidders with clerk Citizens State Bank of Pomona handling proceedings on Sunday December 14, 1980 in Pomona.
MENTIONED IN THIS ARTICLE
Pomona
Kan
Ottawa
Jack Nelson
Mickey Johnson
Citizens State Bank of Pomona
Also Mentioned on This Page
Evaryon
Thalas
Doyen Insurance Agency
Howard
Doyen
Glenn Bigelow
Betty Malburg
East
Rai Street
Uawa
Kansas
Muskie
the Family Circus
By Bil Keane
Tige
Maam Mou
Goosemyer
PitTs
Feagans
Groclp
Beetle Bailey
Amuythin Wilde
Wall Street
Apple Computer
American Telephone & Telegraph
International Business Machines
Texaco
H.H. Gds
J.C. Penny
Kenmore
Prince Provincial
H.h
Homelite
Wayne
Smith & Wesson
Seth Thomas
Remmington
Rhode Island
GMC
Suzuki
Jerry Busbee
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