Dow hits record after budget talks resume
The Dow Jones rose to a record close at 1332.21 as congressional budget negotiations resumed after a two day lull. The NYSE composite and S&P also hit fresh highs with broad gains led by IBM Burroughs and other tech names. Volume reached 106.7 million shares as markets awaited Friday economic indicators.
MENTIONED IN THIS ARTICLE
Associated Press
New York Times
NEW York
Standard & Poor
Lewis Katcher
Sutro Capital Management
Federal Reserve
International Business Machines
Burroughs
Data General
Merrill Lynch
Phibro-Salomon
Illinois and Illinois area unemployment up in May
Illinois Department of Employment Security reports May unemployment rises in seven of ten metro areas led by Kankakee up 0.7 points to 12.4. Bloomington Rockford and Illinois Quad Cities show improved figures while several metros such as Champaign Urbana Decatur East St. Louis Peoria and Springfield also list higher rates.
MENTIONED IN THIS ARTICLE
Chicago
Illinois Department of Employment Security
Kankakee
Bloomington
Rockford
Illinois
Quad Cities
Bloomington-Normal
Champaign-Urbana-Rantoul
Decatur
East St. Louis
Peoria
Springfield
After tax income grows despite 1983 income dip
Census Bureau reports real average household income fell from 1980 to 1983 while after tax take home pay rose from 19 674 to 20 001 due to a 10 percent federal tax cut. State and local taxes and bracket shifts limited the gain. Married couples gained after tax income. female headed households and seniors saw little or no change.
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
Bureau
John Coter
Income Statistics
Peoria wins $20 million auto parts factory project
AMKOR Corp plans a 220000 square foot plant along Peoria Riverfront to make air oil and fuel filters for Japanese cars employing up to 400 people. G Raymond Becker will build the facility with city and state bonds backing the project and plans to begin construction this fall. The city seeks a $4 million urban grant and retraining funds for workers.
MENTIONED IN THIS ARTICLE
Peoria
Jim Maloof
Amkor Corp
Hung Kee Kim
Maloof
Kim
Peoria-area
G. Raymond Becker
Marcusse
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Pan American
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Bullish Dow
Conrail
Norfolk Southern Corp
House
Senate
Morgan Stanley & Co
Milwaukee
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Wisconsin
Richard Calmes
AMR Cp
AmCan
Amoco
Acyan
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AdRich
BeatCo
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BorgWw
Burln Burrgh
CcilCorp
Chrysler
Clarke
ComwEd
ConsPwr
Deere
ExCelo
Exxon
Firesta
Fordm
Kellogg
LaLand
LaPac
Mead
Mobil
Motorola
Nabscb
NCR
Nalco
NatGyp
NorSo
Proctg
RalsPur
RCA
Rockw
Staley
Tenneco
Texaco
VAL
UnCarb
Uniroyal
Upjohn
Ussteel
Union
Westge
Whirlpi
Whittak
Wolwth
IBM
Meis
BrnGrp
Norge
Macci
Old Ben Coal
Sohio
Pepsi
Sears
Turco, Inc
Atcor
USG
WalMart
Wendys
Carbondale Chiropractic Clinic
S. Washington Carbondale
Randy J. David
Gordon Green
Robert Marcusse
Economic Development Council
Michelin
Raben Tire
Harrisburg
Raben Tire New Rt
West Marion
Plaza Tire
Vienna
Anna
Wright Tire
N. 14Th
Murphysboro
Jake
Jake’s Tire
Park Ave
Herrin
E. Main Carbondale
W. Main Benton
Jake's Tire
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