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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 31, 1982
Page
7
The Dow Jones Industrial Average rose to 893.30, a 12 month high, as last minute buying spurt pushed the index up 9.83 points. Volume fell to 59.56 million shares, with traders awaiting clearer rate direction and market signals.
Elyria based General Industries Co adds 15,000 square feet of warehousing and modernizes at its Bellville plant to boost production of injection molded plastic components. The company employs over 1,300, with three Ohio plants and two in Arkansas. sales near 90 million last year.
Creston livestock sale Monday reports 370 senioners selling 1142 head with nine goats and one pony. Calves bid from 45 to 470 dollars with cross breeds and back to the farm calves in the 40s to 80s. Sheep lambs good 50 to 53 dollars, feeders 42 to 52. Hog and pig prices ranged from 25 to 63 dollars per head with sows and boars also present.
Stocks extend gains with the Dow up 2.03 to 895.33 after 30 minutes as retailers and airlines drive early advances while chemicals and oil slip. The index of leading indicators rose 1.3 percent in July, with the NYSE volume at 59.56 million shares and the American Stock Exchange up 0.96.
Lorain County Farm Bureau Cooperative Association reports yesterday’s market with Wheat at 278 per bushel Shelled Corn at 2.07 per bushel Oats at 1.60 per bushel and Soybeans at 5.22 per bushel The local grain values reflect current prices and market activity in the county.
In Ohio, carton egg sales to retailers in major cities show varied price ranges with large and medium grades and limited reporting on hens. Chicago wholesale eggs rise with Class 1 large at 45 cents, Class 2 large 41, mediums 48, smalls 36, nest-run 47, and checks 42.
Grain price averages paid to farmers by elevators in Northeast Northwest and Central Ohio after Monday close show No 2 wheat around 3.01 to 3.07, No 2 shelled corn 2.10 to 2.15, No 2 oats 1.38 to 1.53, No 1 soybeans 5.46 to 5.87. Trend shows wheat lower, corn lower, oats unchanged, soybeans sharply lower.
Save up to 2000 tax free by December 31 with TRANSOHIO Savings All-Savers Certificate. Earn interest at 70 percent of a 12 month U S Treasury yield, one year maturity, rate guaranteed, FSLIC insured, full tax advantages for joint or single returns.
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