Talks stall as USX contract dispute grinds on
United Steelworkers say talks with USX Corp. have halted with 22,000 union members idle since Aug. 1 over wage and benefit concessions. Union leaders accuse the firm of inflating labor costs to gain concessions while the company cites total blue-collar costs. Industrywide costs and proposed savings are debated as the 12th day of stoppage continues with no contact. The union plans to tap a $210 million strike fund after four weeks unless negotiations resume.
MENTIONED IN THIS ARTICLE
Pittsburgh
United Steelworkers
USX Corp
USX
James McGeehan
American Iron and Steel Institute
McGeehan
Smith
USW
Ohio Egg Prices and Metal Quotes Reported Across Markets
In Columbus apples to retailers show Extra large eggs at 74 to 77 cents per carton, large 73 to 76, medium 53 to 56, small 32 to 35, while New York Comex closes record metal prices with Gold at 385.40 and Silver at 53.94 per ounce. Metals Week averages list aluminum 230 cents, copper 65 cents, lead 21 to 24, zinc 44, tin 346.16, mercury 230 to 240, platinum 475 to 478 per troy ounce. Lorain County grains close with wheat 214, shelled corn 164, oats 70, soybeans 460 per bushel.
MENTIONED IN THIS ARTICLE
New York
NYSE
Bausch
V Baxter
BellAd
BeliSou
BigThr
Boeing
Goodyr
Gtwfin
Hallfb
IBM
MetRivers
Kmart
Land
Lowes
MACOM
Mobil
Nmede
Nynex
He OcciPet
Owenc
Pacge
Royld
Ryld
Safewy
Salomn
Sfesop
Schimb
Me Sears
Scaled
SterlDg
SunMn
Syntex Si
Texaco
TexUtil
Transco
UnTech
Varity
Vestrna
WalMrt
Wend
Yarstyk
Whittak
Zayres
Pierre R Smith & Co
Acme Cleve Allied Corporation
Alltel
AmerShip Building
American Standard
Centerior
CPC Inter Inc
Emerson
Exceslo
First Bancorp
Fruehauf
Goodrich
IC Industries
Invacare TY
Lear Siegler
LCB Bancorp
LNB Bancorp
Lesco
Columbus
Ohio
Lorain County Farm Bureau Cooperative Association Inc
LNB Bancorp Reports Rise In First-Half Income
Lorain National Bank and its parent LBN Bancorp Inc. announce a 10 percent gain in net income for the first half of 1986. Earned $1.2 million versus $11 million in the prior year. Assets grew 6.2 percent to $261 million, per President and CEO Stanley G. Pryor.
MENTIONED IN THIS ARTICLE
Lorain
LNB Bancorp Inc
Lorain National Bank
Stanley G. Pryor
Home sales up in some states as rates ease
Existing home sales rose sharply in Minnesota and several states during the April to June quarter aided by low mortgage rates. Nationwide sales rose 14.5 percent with a median home price up 8.9 percent to 81,900. Louisiana led declines at 18.4 percent amid regional weakness.
MENTIONED IN THIS ARTICLE
New York
J.C. Penney Co
Wal- Mart Stores Inc
FW. Woolworth Co
Penney
National Association of Realtors
Minnesota
South Dakota
District of Columbia
Vermont
Virginia
Louisiana
Government workers win larger pay hikes than private sector
Washington AP reports state and local government workers signed union contracts in early 1986 with average first year raises of 6.1 percent, five times private industry gains. Over the first half of 1986, average annual raises were 6.0 percent for 429,000 workers, vs 1.9 percent private. State workers rose 7.6 percent first year, 6.7 percent annually. cities 5.4 and 5.9. Anomalous strikes in Philadelphia and Detroit showed 5 percent raises plus bonuses.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Statistics
Philip Sparks
American Federation of State, County and Municipal Employees
New York
Philadelphia
Detroit
Afscme
Amalgamated Transit Union
Teamsters
Sparks
New GM named at Elyria Country Club
Elyria announces Frank S. Jacobs, longtime Avon Oaks GM, named general manager of Elyria Country Club. The Elyrian will start Oct. 1, succeeding Dean Kruse who moved to Texas. Jacobs, 52, led Spring Valley and Columbia Hills Country Clubs and is a 1953 Elyria High School graduate who attended Miami University.
MENTIONED IN THIS ARTICLE
Elyria
Frank S. Jacobs
Avon Oaks
Elyria Country Club
Elyrian
Jacobs
Dean Kruse
Texas
Spring Valley Country Club
Columbia Hills Country Club
Columbia Station
Elyria High School
Miami University
Also Mentioned on This Page
Bernard Klieman
Jim Smith
Lynn Williams
Klieman
Wall Street
LBN Bancorp
Amana
General Kelvinator
Rangaire Frigidaire
Thurs & Fri
Stewarts
Cleveland St
New Hampshire
Arizona
California
Florida
Alaska
Idaho
Illinois
Montana
North Dakota
Oklahoma
Rhode Island
West Virginia
Wyoming
National Association of Manufacturers
U.S
Federal Home Loan Bank Board
Gov't Workers
Sonya Fitzpatrick
Lorain Business College
Ridge Rd
ESLOT
LA Vega
Bryant & Stratton
Bryant & Stratton Business Institute
Brookpark Road
North Olmsted
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