UAW Eyes Chrysler Talks and Parity Raise
UAW President Owen Bieber announced plans to reopen Chrysler’s contract soon aiming for wage parity with GM and Ford. About 43,000 Chrysler workers earn $9.80 hourly, $2.12 behind rivals due to 1980 81 concessions. Chrysler’s record first quarter profit spurred calls for raises, with talks planned for July 22 in Detroit.
MENTIONED IN THIS ARTICLE
United Auto Workers
Owen Bieber
Chrysler Corp
U.S
Chrysler
Bieber
Automotive News World Congress
General Motors Corp
Ford Motor Co
Ford
UAW
Chrysler Council
Detroit
Rouge Steel
Rouge
Three Firms Merge Solar Operation Into Sunmaster
Three international firms Sunmaster Corporation of Corning Solartech Limited of Toronto Owens-Illinois Inc of Toledo and Solar Science Corporation of Mallorca Spain announce a consolidation to create Sunmaster a world leader in solar energy products and services Startech chairman Bruce Westwood named expected Sunmaster board chairman Harvey S Minton Sunmaster will buy evacuated tube manufacturing equipment and technology from Owens-Illinois and lease a building in Erwin Industrial Park near Corning.
MENTIONED IN THIS ARTICLE
Corning
UPI
Sunmaster Corporation
Solartech Limited
Toronto
Owens-Illinois, Inc
Toled& Ohio
Solar Science Corporation of
Mallorca
Spain
Sunmaster
Startech
Bruce Westwood
Westwood
Harvey S. Minton
Owens-Illinois
Erwin
American Express to Acquire Alleghany Assets for 1.05 Billion
American Express Co said it will buy the principal assets of Alleghany Corp in exchange for American Express common stock valued at about 1.05 billion dollars. The Alleghany asset core is Investors Diversified Services based in Minneapolis, which runs 14 mutual funds and handles insurance annuities and pension funds. Alleghany also owns MSL Industries, a steel products maker.
MENTIONED IN THIS ARTICLE
American Express Co
Alleghany Corp
American Express
Alleghany
Investors Diversified Services Unit
MSL Industries
New York Stock Exchange composite prices snapshot
Selected wide composite prices on the New York Stock Exchange show varied quotes on August 12. The list includes numerous companies such as Air Prod, Alcan, Allied-Abr, AmRes, Am Motors, Amer Homes, Bell Telephone style entries and mixed percentage changes. Specifics include Alcan at 3.50, AmRes 3.16, Am Motors 129.4, CentSw at 1.78, and many others with price and percent change figures.
MENTIONED IN THIS ARTICLE
New York
UPI
New * Stock Exchange
AmHolst Dr
Astores
Wa Amsia
Ad ‘Ashlo
Amreh
Beato
Bethist
BevivEn
Black&o
Stock Exchange
P-E Hds
Acton
Adams
AdmRut
AdobeQil
Amdahl
AmMd
Motlan
Finglee
Sameta
Hasth
Ir Campo
Compudya
Condee i
Conroy
Consdil Gas Vrongest Ex
Corelad
Rassa 1
Crystal
Cubic
Bamson Oi
Ooiaprd
Delmed
Digican
Dome Petro
Dorchg To
Elsinore Co
TxEast
TexGas
Alo Fexasinst
TexPach
Texutl
Textron
Thrifty
ODS Timken
Trnsam
FriGon
Trinity
Uniroyal
UrdTele
Unlohn
Varian
Vx Warner
Warnta
Wa Wir
Westhn Airl
Walton
Westhe
Walvac
Weyrhs
Wheeling
Whipool
White
Whitker
Will Co
WinndDx
Woolwh
Atmex
Boston
Cincinnati
p-Pacific
U- Midwest
Strait
Stocks retreat as market slips amid Fed signals awaited
The New York stock market fell across many sectors with steel auto chemical energy and finance leading losses. The Dow dipped to 1206.43 in late afternoon trading after a strong Monday gain as investors awaited Federal Reserve Board signals and faced rising short term rates.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Federal Reserve Board
Federal Open Market Committee
DiaShm
Kidde
Mt Disney
Domemn AZ
Koppers
Uy Domnr
Easco
EsKodak
Asib
EiPaso
Exxon
Faberge
Tama Fleming
Ma FlePro
Gerber
Goodyr
Ali HamPa
Déla- Harte Hank
Hecla Minig
Ma Heinz
Idahop
Ingo Ltd
Tnexcoo
Lat&t
Ve —Jj— JetPiot
Johan J
Ae donLagn
Jostens
Joyita
Kkh Kalserat
Ta KC
Dollar Hits New Highs as Gold Prices Edge Up
The dollar climbs to record levels against the Italian lire and French francs amid expectations of higher U.S. rates. It also strengthens against the British pound while gold and silver rise, with bullion dealers in London and prices in New York showing gains.
MENTIONED IN THIS ARTICLE
U.S
London
New York
Handy & Harman
Also Mentioned on This Page
Cated Press
Te Brunswick
Maia Va Burin
Cessna
Ie Chasem
Chris Craft
Chryster
Ia Cilcorg Lab
Darthe
BaytanPe
Va Daltelret
DetEdis
Io Liferk
Ase Liltve
Liffant
Lockheed
Sobby Massey
MobilCorp
Mahasco
Magram
Monsat
Atla
Ye Morgjp
Lidte
Sos
Mronco
Nabisco
NorSteel
Natomas
New Pere
Nengel
Pas
NiagMo
Nefaiks
Va— Na Hartons
Norwst
Ie Ohio
Ihe de
Nona
Ean Witter Fe
KeyBank Nysesg
Oneidaltd
GouldaPumps
KemperCom
American Gan
P EL
CanPack
Cooperind
FaysDrug
WSF
Richmark
E. Genesee St
Errest A
Wolat Felmont
Galaxy Oil
Gates LJ
Granger As
GriLkch
Guilford Mi
Gulf Cha
Health
A Heizer Hormel
Ios Horn& Hard
HuskoOl
Ingtrum
InGontel
Intertec DS
Kirby
Lake Siir
Lurit Son
Matrin
MCO
Mitchell
Mda Ad
NalPal Dev
Nytme
Nurmac CG i Okan
Palleorn
PariniCo
Patro Lewis
Ranstrg
Ryland Gr
Sage Enrgy
Capital
Seiscom
Towner
Uillimale
Unidkos
Ta Unv Resour
Verbaim
Sila Verniten
Wang
WashPos
Wsburne
Vast Winde Gory
Wright
Lam RO
Owenill
Pan Am Air
Jon- Penney
PennPl
Penrzol
PepsiCo
Pfizer
Bala Phelps
RoylCr
Rovid
SantsFe
Seagram
Sears
Sony
Stewton
Bs Sun Co
Pdsh
Sunshine
Syntex
Te Sysco
Tandy
Arent Teledyne
Texaco
Upley
Reen
Legberg
Onan Gre
Parsiey
Greer
Alllyp
Fuschi Or
Bing
Bluebairy
Inrge Aly
Bats Walon Atau
Charleston Graypes
Savoy
Calif
Caulflower
Colery
N.Y
Tceberg Ariz
Galil Mi
Romaine
N.Y. Leal
Anians
Texas
Tbs
Wwe
Cubanalla
N.J. Bu
Amail
Uxtra
Appice
Anny Smiths
Ibs
Cai
Cailif
Soc
Grangas
CA Aeaney
Javel
Bat
Georgia
Sue
Chase Money Management
FDIC
Chase Manhattan
Chase Money Management Account
Pmoney
Chase
Carrier
Mony Plaza
Syracuse
Dewitt
Genesee St
Fayetteville
Canton Office
Mal Street
Caicon
BEC
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