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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Dec 04, 1996

Page

10

Four indicted in price fixing case against ADM executive

Chicago AP Four indicted in a lysine price fixing scheme include Mark Whitacre once an ADM whistleblower and the son of ADM chairman. Also named are Kazutoshi Yamada Ajinomoto managing director and Chell Jedang Ltd. rep. Indictment covers conspiracies with four firms to fix prices and allocate lysine sales from 1992 to 1995.

Chicago Archer Daniels Midland Co Mark Whitacre ADM Whitacre Mer Michael Andreas Dwayne Andreas Bista Richard Kurth Danville Kurth Wilson Kazutoshi Yamada Ajinomoto Co. Inc Chell Jedang Ltd Seoul Ajinomoto Co, Inc Kyowa Hakko Kogyo Co. Ltd Sevon America Inc Wmmamed

Boeing and McDonnell Douglas to develop future widebody jets

Boeing and McDonnell Douglas announce a strategic collaboration to co develop future widebody jets. Several hundred Douglas engineers will move to the Seattle area to work on stretched 747 versions while Douglas factories may be used in production. The deal aims to ease capacity and leverage both firms design and production strengths without merging.

Seattle Boeing McDonnell Douglas Corp Douglas Cong Beach Calif McDonnell Douglas

Postal Service posts record profit and no general rate hike

The U S Postal Service reported a fiscal 1996 profit of 1 57 billion on record mail volume 182 7 billion pieces and total income of 56 4 billion The Postmaster General Marvin Runyon said no general rate increase through 1997 while investing in buildings and high tech equipment The service reduced debt by 19 percent to 5 9 billion and shows 618 million profit for the first two periods of 1997 The board approved three new stamps and sought 1295 million from Congress for free delivery of mail for the blind overseas voters and other services The agency notes it has had no federal subsidy since 1982

Washington Einar V. Dyhrkopp Postal Governing Board Marvin Runyon Board of Governors Runyon Michael Riley Postal Service Post Office Air Force Marshall Plan Europe Congress Riley

Commodity metal prices and spot quotes report

Yesterday on the Comex silver closed at 34.779 per troy ounce with copper at 110.0 cents a pound. Platinum listed at 375.00 per ounce era, palladium 115.45 per ounce, aluminum 87.5, tin 40528 per unit, and zinc 54-55 per pound amid a weak metals market.

New York Comex

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