Market Holds Steady After Four Day Gain
New York stocks edged lower in early trading as the Dow Jones average slipped 0.77 to 963.31 after a four day advance that pushed the blue chip index to a multi year high. Copper and other nonferrous metals posted modest prices while Ohio grain markets showed varied results across regions with wheat and corn trading near recent levels. Local food prices in Ohio reflected mixed movement with egg and poultry prices listed for major city retailers.
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New York
Columbus
Ohio City
Ohio
Cleveland
York
Creston Livestock Auction posts strong sale totals
Creston buyers handled 1,117 head from 352 consignors at the Creston Livestock Auction. Dairy cows and goats topped the market with varied prices, while calves, sheep, hogs, and feeders showed wide ranges across categories led by notable consignments and several mid range gains.
MENTIONED IN THIS ARTICLE
Creston
Sinatra Helps Launch Chrysler Imperial in Windsor
Frank Sinatra joined Lee Iacocca to launch Chrysler’s return to luxury cars with the 1981 Imperial rolling from Windsor Ontario. The event marked Chrysler’s first luxury flagship since 1975, as the firm signals a $1 billion Canadian investment over five years to modernize plants and push the new model year.
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Windsor
Ontario
UPI
Frank Sinatra
Chrysler Corp
Lee Iacocca
Sinatra
Chrysler
Iacocca
Canada
Barbara
Windsor Assembly
Lee A. Iacocca
Retail sales rise again in July signaling recession ebb
Commerce Department data show retail sales up 2 percent in July after a 1.4 percent rise in June reaching 77.1 billion dollars. Auto dealers led the gain with an 8 percent boost including new and used vehicles, parts and services. Other categories mostly rose while gasoline stations fell.
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Washington
UPI
Commerce Department
Susan Flack
American Retail Federation
Michael Evans
Evans
Holography as Art and Science Expands Worldwide
New York experts say holography blends art and utilitarian use, with traveling museum exhibits drawing wide attention. Applications span non destructive testing, medical imaging, and potential brain research, while cameras, lenses, and high speed data ideas unfold in industry and space research.
MENTIONED IN THIS ARTICLE
New York
UPI
Paul D. Barefoot
RCA Corp
Smart Tax Moves To Cut Your Bill In 1981
New York based IRS data shows millions overpaid or underpaid taxes in 1979. Highlights include a $200/$400 exclusion for interest and dividends, boosted child care deductions, and a $100,000 one time capital gains exclusion for sellers aged 55 or older. Professionals warn to keep receipts, plan year end, and consider income averaging for big changes.
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New York
UPI
Internal Revenue Service
IRS
Jim Boylan
Prentice-Hall
Boylan
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