Prices Still Dropping On Wall Street In Early Trade
The Dow fell 1.73 to 1,260.16 in the first half hour as the market opened lower extending Thursday’s retreat. About five stocks declined for every four advanced on the NYSE while rates stayed high and gold prices steadied.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Stock Exchange
Financial Times
London
Treasury
Donald Regan
United States
Regan
Brittan
U.S
Mesa Petroleum
Unocal
American Telephone & Telegraph
At&t
Dow Jones
NYSE
American Stock Exchange
Lake Carriers See 24 Percent Rise In Great Lakes Shipments
The Lake Carriers Association reports a 24 percent increase in iron ore coal and grain shipments on the Great Lakes for October over October 1982, totaling 15.2 million net tons. October marks the second straight month with over 20 percent higher tonnage than 1982, though 1983 remains 18 percent below 1981 pre-recession levels. Chessie System Railroads plans to buy 171 auto rack cars at over $5.3 million to move 1984 model cars across its 13-state network, with 101 three level and 70 two level cars.
MENTIONED IN THIS ARTICLE
The
Lake Carriers’ Association
Great Lakes
Chessie System Railroads
Kidron Auction Sees Strong Consignments Ahead of Dec 15 Sale
Kidron livestock reports robust consignments for a December 15 auction led by a Holstein herd of 25 cows and 30 heifers with two purebred York boars. Hogs topped at 46.75 while feeder pigs, calves, cattle, and dairy offerings show steady demand. total head 2,650 with 78 hay loads and various feed values recorded.
MENTIONED IN THIS ARTICLE
Kidron
York
Metal prices New York spot nonferrous metals report
New York spot nonferrous prices show copper at 0.72 cents per pound, lead 25-27 cents, zinc at 49 cents delivered, aluminum A cents per pound, with gold quoted at 401.00 and silver at 9.985 per troy ounce. Mercury ranges 330.00 to 340.00 per 76 pounds, platinum 410.00-412.00 per merchant troy ounce.
MENTIONED IN THIS ARTICLE
New York
U.S
Handy & Harmon
Black unemployment remains high in 1984 say economists
The Board of Economists in Black Enterprise predicts the black unemployment rate will fall to 16 percent in 1984 from about 18.5 percent this year, yet blacks will still make up about 20 percent of the jobless. Wages for black workers rise to 179.9 billion, still only 7.5 percent of total wages, while the overall U.S. jobless rate drops to 8.4 percent in November.
MENTIONED IN THIS ARTICLE
Board of Economists
Black Enterprise
Bernard E. Anderson
Wharton School of
University of Pennsylvania
Andrew F. Brimmer
U.S
Iacocca to Stay at Chrysler as Chairman Chief Exec
Highland Park Michigan AP report says Lee Iacocca will remain as Chrysler chairman and chief executive for at least three years. The deal may grant up to 200000 Chrysler shares worth about 5.5 million over four years. Current salary not disclosed, previously 365000 in 1982 per Stempien.
MENTIONED IN THIS ARTICLE
Highland Park, Mich
Lee Iacocca
Chrysler Corp
Iacocca
Chrysler
Jacocca
Stempien
Eastern unions trade salary cuts for stock
Union leaders approve a 360 million employee bailout plan for Eastern Airlines. Pilots, machinists, and flight attendants would exchange 18 to 22 percent of pay for stock equal to 25 percent of the company and four board seats after one year. Voting by all employees due by December 31, with bankers’ approval seen as likely.
MENTIONED IN THIS ARTICLE
Miami
Eastern Airlines
Eastern
Machinists’ Union
Sohio plans more drilling at Mukluk offshore
Standard Oil of Ohio says it will drill further at the Mukluk exploration area off Alaska despite signs the first well was dry. Plans include drilling deeper and possibly sidesteps through a fault to test nearby portions of the Mukluk geological formation with potential Wall Street commentary on costs and rights.
MENTIONED IN THIS ARTICLE
London
Standard Oil Co
Ohio
Mukluk
Alaska
Richard Nash
Sohio
Shell Oil Co
Shell
Also Mentioned on This Page
Organization of Petroleum Exporting Countries
GerbPd
Getty
Goodyr
SaleahighLo
GulfOil
Ava
AelnLf
SBM Halbin
Armco
AllRich
Lilly
Ys Limited
Lilco
M Boering
IBM
Nsemis
NorfkSo
Bite
Colecos
Ye EastAir
EsKod
Tektrax
Exxon
Toyrus
FoEx
Wimrts
Ine Fruehauftag AmerShip
Goodrich
LC. Industries Som Mutuals
Sell Bay Gear Siegler Midland-Ross
Amer-Wash
This Dreyfus
National Gypsum Fidelity-Purstan
Mordsonge Invs
Variety
Ohuo Edison
JhnBnek-Bond
Parker Hanah
Massfin-Mit
Smucker Tbs National
Sybron
Texas Utilities
Vanguard-Ivest
Vanerd-Wellgin
Stkofried Bate
Bull&BearByrd
Restrom Ars
AccuRayCorp
Llbane
BlessngCrp
ColonialLia
DelValFin
Fedl Rhylny
GenShal As
Grn Lakes Chem
Columbus
Ohio Cities
Ial Corp
MillpreCorp
NatlFuel
PactasTrans
URSC
USF Corp
WalbroCorp
Wiley Jé&sonsa
Wiley J&sonsa
Smalls ZenithNall AK
Nest
Kidron Livestock
Associated Press
Eastern Unions
Charles Bryan
District 100
Loram County Farm Bureau Cooperative Association, Inc
J.R. Dall Ford
Broad ST
Elyria
Lorain
Cait Today
Standen
Guthman Counsel
Es.t
Santa’s
Santa
Lorain County Bank
Middle Ave
Eqeal Lehr Lender
FDIC
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