Treasury Bill Rates Rise in Mondays Auctions
U S Treasury sold 12.7 billion in three month bills at a 3.71 discount, and 12.6 billion in six month bills at 4.02 discount. The rates understate returns to investors. In Ohio Revco D S Inc eyes Hook SupeRx purchase to nearly double size, analysts say market position important if health care reforms pass.
MENTIONED IN THIS ARTICLE
Treasury Department
Twinsburg
Ohio
Revco D.S. Inc
Joseph C. Ronning
Brown Brothers Harriman
New York
Clinton
Revco
D. Wayne Haven
Hook-SupeRx
U.S
General Mills Cuts Cereal Prices Across Top Brands
General Mills says it will cut shelf prices 11 percent on Cheerios and other leading cereals. The reduction targets about 40 percent of cereal volume, lowering everyday prices and reducing coupon spending by 175 million annually. May 2 price cuts apply to 15 ounce Cheerios from about 3.90 to 2.90, with Wheaties Total Golden Grahams Lucky Charms and Trix included.
MENTIONED IN THIS ARTICLE
Minneapolis
Star-Tribune
General Mills Inc
Big G
General Mills
Reston Livestock at Creston Sale Totals 667 Head
Consignments include fourteen loads of hay and straw with prices for hay, straw and bale types. Livestock items list goats calves sheep hogs cattle and feeders with price ranges, from choice steers to utilities and canners. Totals show 667 head from 307 consignors and notes back to the farm calves and helfer calves.
MENTIONED IN THIS ARTICLE
Creston
Speculators blamed in fall rott D. Fromson
The Washington Post reports that a sharp slide in bond and stock prices sparked by highly leveraged traders is being blamed on professional speculators. Banks and brokerages funded the rise by lending heavily, using derivatives to amplify bets, while lenders fear losses and seek protection as markets fall.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Robert E. Rubin
National Economic Council
International Strategy & Investment Group
Idso
James Grant
Grant
Merrill Lynch & Co
Donaldson, Lufkin & Jenrette Securities Corp
Equitable Cos
Merrill Lynch
Banker's Trust
Economy Improves Despite Stock Market Slump
Despite a 9.7 percent Dow drop from its peak, economists deem the economy healthy and expanding. March payrolls rose by 456,000, most part time, while PMIs and consumer confidence reached multi year highs, signaling solid growth in a Midwest type recovery.
MENTIONED IN THIS ARTICLE
Martin Regalia
L. Chamber of
Samuel Kahan
Fuji Securities Inc
Chicago
C-SPAN school bus visit delayed to Friday in Elyria
A CSPAN Network School Bus visit to Elyria is rescheduled for Friday due to a minor traffic crash in Michigan with no injuries. The 45 foot bus tours schools to demonstrate CSPAN coverage of the House, federal executive and judicial branches. Court Street near Ely Square will host the event from 3 to 5 pm.
MENTIONED IN THIS ARTICLE
Elyria
Cspan Network
Continental Cablevision
Michigan
Joan Lowry
CSPAN
C-Span
U.S. House of Representatives
Lowry
Court Street
House
Ground Round wins final zoning OK for new Elyria restaurant
Ground Round clears last hurdle as City Council approves rezoning from B1 to B3 for land at 1524 W River Rd near Midway Mall. Planning Commission backed the change. project calls for a 5200 square foot restaurant on a 2106 acre site, with construction aimed by mid-April and opening by mid-July. Ground Round operates at least five Cleveland area locations.
MENTIONED IN THIS ARTICLE
Elyria
Midway Mall
Planning Commission
W. River Rd
Greater
Cleveland
Ford starts Duratec V-6 engine production at Brook Park plant
Ford Motor Co launches its Duratec 2.5 liter V-6 engine at Engine Plant No. 2 near Cleveland Hopkins, a $1.2 billion investment including $700 million in the local operation. Gov. Voinovich, Ford executives, and plant leaders inaugurate the line as 15,000 engines yearly will be exported to Europe for Mondeo cars. The plant complex employs about 4,500, with three facilities producing engines and components for Ford’s mid-size global cars.
MENTIONED IN THIS ARTICLE
Ed Hagenlocker
Ford North American Automotive Operations
Gifford Brown
Ford
Zetec
Metal Prices New York Closing Figures Report
AP reports New York Comex closing prices with gold at 386.30 per troy ounce silver at 55.78 per troy ounce platinum 415.50 per troy ounce palladium 436.10 per ounce and various nonferrous metals trading including aluminum 0.89 per pound copper 0.74 per pound lead 0.34 per pound zinc 0.45 to 0.49 per pound tin 3.63 to 3.90 per pound and mercury 180 per 78 pounds.
MENTIONED IN THIS ARTICLE
New York
Nash
Also Mentioned on This Page
Washington
Treasury
Hook SupeRx
Reston Livestock
Rott D. Fromson
The
Washington Post
Bay of Fundy
Securties and Exchange Commission
Steet Ty
Michael Steinhardt
Wall Street Journal
Askin Capital of
Morgage Securies
Sand Exchange
Elyria Savings & Trust
Ely Square
Cablevision
Termes Avenue
C-Span 2
U.S. Senate
Continental
Brook Park
Cleveland Hopkins International Airport
Brown
Polat
Ldo
BSA
Vie Banka
BotAl
Kmart
CMP
CanPeg
Texaco
Tbs
ST 'S ST
le Merlyn Agit
Columbia Gas
Parker
Hannifin
CPC Inter, Inc
Eaton Corp
Reliance Elect
Emerson
Smuckers/SJMA
Va Englenard
Sunrse Modal First Bancorp
Texas Utilities
T.rw
General Motors
USX
Woolworth
F.W
Goodrich al” York International
American West Mutual
St Dreyfus
Fidelity Puritan
Mass Fin Mit
Templeton Growth
Templeton World
Vanguard Wellington
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