Standard Oil sells mining assets in West Virginia and UK
Standard Oil Co. says sale proceeds and tax benefits from two mining deals will exceed $200 million as part of a plan to streamline assets. Royal Land Co. sold coal reserves in Mingo and Logan counties WV to Pocahontas Land Corp. Electro Minerals operations were sold to private investors. terms were not disclosed.
MENTIONED IN THIS ARTICLE
Cleveland
Standard Oil Co
Ohio
Standard Oil
Royal Land Co
Mingo
Logan Counties
West Virgina
Pocahontas Land Corp
Norfolk Southern Corp
Old Ben Coal Co
Kitt
West Virginia
Kennecott Corp
North American
United Kingdom
Electro Minerals
Egg prices in Ohio cities fall across sizes
Retailers in major Ohio cities offered eggs at lower price ranges with Extra large 73 to 76 cents per dozen, Large 72 to 75, Medium 63 to 66, Small 44 to 51 cents per dozen. light-type hens prices unavailable due to low supply.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Grain price report from Lorain County Farm Bureau
Lorain County Farm Bureau Cooperative Association reports yesterday's market closing bids for main grains. Wheat 452 cents per bushel, Shelled corn 165 cents, Oats 110 cents, Soybeans 466 cents.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association
Ino Focal Grain
Metal prices – New York closing on Comex markets
AP reports yesterday closing Comex prices for metals: gold at 387 per troy ounce, silver 5324 per troy ounce, platinum 478 50 per troy ounce, aluminum 4975 cents per pound, copper 5965 cents per pound, lead 27 to 29 cents per pound, zinc 44 to 47 cents per pound, tin 40967 per 761b flask, and mercury 213 to 228 per 761b flask.
MENTIONED IN THIS ARTICLE
New York
Cleveland Realtors Bring Forest Ridge Condos Back to Life
A Cleveland firm Macro/America Inc bought 24 Forest Ridge Condos in North Ridgeville after bankruptcy liquidations. They sold 19 units in eight weeks at 29900 each, mostly to owner occupants, with three investors. The project expands with land offers in nearby towns.
MENTIONED IN THIS ARTICLE
Steve Fogarty
C-T
North Ridgeville
Cleveland
Forest Ridge
Rebecca A. Kroll
Macro/America, Inc
Citizens Federal Savings and Loan Association of Cleveland
Transohio
Citizens Home Savings of Cleveland
First Nationwide Bank
Frank Dettore
North Ridge Investment Corp
Dettcettore
Paul Sweda
North Ridgeville Planning Commission
Sweda
Planning Commission
Macro/America
Macro
America
Kroll
Olmsted Falls
Goodyear secures $4 billion credit line commitments
Goodyear Tire & Rubber Co reports commitments from 17 banks for a $4 billion facility. The package includes a $2.25 billion unsecured three year term loan and a $1.75 billion unsecured seven year revolving line. Proceeds will fund stock repurchases, refinance existing debt, and general corporate needs.
MENTIONED IN THIS ARTICLE
AKRON
Goodyear Tire & Rubber Co
U.S
James R. Glass
Goodyear
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Horton
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Pierre R Smith Co
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Emerson
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McArthur and Sons, Inc
Elyria
Brandau Jewelers
Broad St
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