Interest rate fears send stocks tumbling
The Dow fell 33.25 to 2,004.27 in a lower close its worst in nearly three months as fear of rising rates weighed on sentiment. Broader indicators also slid with 1,194 down, 345 up and 432 unchanged on the NYSE and volume slipping to 128.56 million shares.
MENTIONED IN THIS ARTICLE
New York
William King
Nikko Securities Co. International
Federal Reserve
New York Stock Exchange
Digital
IBM
Compaq
Unisys
Metal prices New York closing values across metals
AP report lists Comex closing quotes for gold at 433.00 per troy ounce and platinum at 536.30, with silver and other nonferrous metals indicated. Aluminum 1.295 per pound copper 0.94, lead 0.36 to 0.38, zinc 0.66 to 0.70, and mercury 355 to 365 per 76 pound flask.
MENTIONED IN THIS ARTICLE
New York
August car sales lag 87 totals despite Chrysler surge
DETROIT AP daily U S car sales for Aug 1 10 show a 7.6 percent decline from 1987 with Chrysler up 22 3 percent to 24 167 cars as GM and Ford report mixed results. Domestic car and light truck totals rise to 277 952 from 264 588 but fall on a per day basis.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Chrysler
General Motors Corp
Ford
Air fare war erupts as Eastern cuts Florida fares to 69
Eastern Airlines slashes fares to 69 dollars one way for fall travel between Florida and 16 Northern cities, with Tuesday to Friday northbound and Sunday to Wednesday southbound travel. American USAir Piedmont Continental match the price. Delta and Pan Am study moves. Tickets available until Aug 26 for travel Sept 11 to Dec 15 excluding holidays. Eastern faces losses and competition at Miami International.
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Miami
Florida
Eastern Airlines
Eastern
American Airlines
Usair
Piedmont
Steve McGregor
American
Continental Airlines
Texas Air Corp
Continental
John Nelson
Fort Lauderdale
West Palm Beach
Daytona Beach
Melbourne
Orlando
Tampa
Fort Myers
Sarasota
Akron
Allentown
Boston
Baltimore
Cleveland
Hartford
New York
Buffalo
Rochester
Syracuse
Albany
Delta Air Lines
Pan American World Airways
Miami International Airport
Trade deficit widens sharply in June to 12.5 billion
The Commerce Department reports June’s trade deficit at 12.5 billion, up 28.5 percent from May. Exports slipped 2.4 percent to 26.8 billion while imports rose to a record 39.4 billion, signaling mounting pressure on policy makers to curb the deficit.
MENTIONED IN THIS ARTICLE
Washington
U.S
Creston Auction Reports Strong Livestock Sale Figures
Creston livestock dealers sold 791 head from 287 consignors with mixed hay prices and alfalfa bids. Calves, sheep, hogs, and cattle saw varied results from good lambs at 35 to 75 dollars to feeder lambs around 46 to 57 dollars and cattle with steers and heifers in the 60s to 70s per hundredweight.
MENTIONED IN THIS ARTICLE
Creston
Egg prices in Ohio wholesale markets listed in Columbus
Prices to retailers in major Ohio cities are posted with cartons delivered. Extra large 0.67 to 0.70, large 0.66 to 0.69, medium 0.49 to 0.32, small 0.35 to 0.33.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Also Mentioned on This Page
Interco
Wilshire Associates
Standard & Poor
General Motors
Fora
AMG
Chagos ‘Troune Graphic
Industry and Company Repos
REW
YORK
We Estes 60 See 2B Auw 2322, 3182 26% Oe Am Soa? 28 27H Ya At&t
Anheus
Archon
Ark
Boeing
Borden
BrenFr AB
Bamwi
Cabot
Conrail
Contift
Ste * Deere
Exxon
Ingia
dagerRd
Eeate Birnied
LILES
Marton
Mead
Merck
NSF Et Ori
Mutuals
Hancock-Bond Fidelity
Mass Fin Mit
Vanguard
As Xerox
Zayre
Pierre R. Smith & Co
Acme Cleve Allied Corporation
Alltel
CPC
Emerson First Bancorp
Hills Dept
LC. Industries Po Tavacarte
Bancorp
LNB Fandore
Konion
Tworthern Savings
Ohio Edison
PAN. Corp. Parker Hannifin
Smucker
Sunrise Medical
Texas Utilities
Woolworth
F.W
A York International
Honda Motor Co
Nissan Motor Corp
Toyota
Mazda
Flat Rock
Mich
Knight-Ridder Newspapers
Nelson
Commerce Department
Creston Livestock
Loraim County
Royal Business
ROYAL
Cleveland Street
Elyria
Lorain
Minitum
Fm Freedor
Third Streets
North
Abbe Road
Weeusee
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