Market prices decline as New York stocks pull back
New York markets closed lower extending an eight day losing streak. Dow fell 9.70 to 721.84 as volume stayed light and selling concentrated on high price blue chips. American and broad market indices hit four year lows amid persistent economic worries. Evans Products slid 1% after lowering annual estimates. Kerowell and Upjohn also declined notably.
MENTIONED IN THIS ARTICLE
New York
Aeatys
Bud Simons
Weeden & Co
Cyprus
U.S
Nicosia
William Nelson
Moory
Investors Service
Alta
Ij Ae “Theough
New York Stock Exchange
NYSE
American Stock Exchange
Evans Products
Kerowell
Upjohn
Japanese push for U S feed grain exports
Washington reports Japanese delegates will visit this week to discuss corn and feed grain outlooks and purchases. Japan, dependent on U S feed grains for most livestock needs, seeks increased imports from Thailand Argentina and South Africa while considering reduced domestic production and drought effects. Western Europe also plans talks on similar grain needs and potential export controls.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Agriculture Department
U.S
Agriculture Sey
Clayton Yeutter
European Coun
Japan
Western
Europe
Et Ous - Vutetler
Thailand
Argentina
South Africa
Earl L. Butz
GM South Gate plant reopens for small car production
General Motors resumes operations at the South Gate facility this week with about 3,000 of 3,800 workers returning. The plant, converted to small car output after energy shortages and embargoes, had previously paused while a 204-man crew modified the line for subcompact Plethora, Pontiacs, and Chevrolets.
MENTIONED IN THIS ARTICLE
South Gate
General Motors
Vegas
Asite
Ben
Ucn
Oak Ridge reactor halts as U235 piece breaks loose
At Oak Ridge National Laboratory a cylinder of radioactive U235 broke free near the reactor core and swept into the cooling system. No workers received radiation, but offices by the pump house were evacuated. Over the weekend radiation levels eased enough to allow measured access after shielding was devised and a plan to dismantle another pump was set to retrieve the cylinder.
MENTIONED IN THIS ARTICLE
Oak Ridge
Tenn
Oak Ridge National ‘Laboratory
Oak Ridge National Laboratory
Also Mentioned on This Page
York Stock Exchange
Ernest Crore
Ewanaley
AERIS
U. S
Arena
York
Jetel
Hay Market
Argeles
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