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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Dec 13, 1983
Page
9
Spot nonferrous metal values fell as copper traded at 695 72 cents per pound and lead at 24 27 cents. Zinc was 49 cents per pound delivered, tin at 63 67, aluminum at 1 cent, gold at 391 25, silver at 9 430 per troy ounce, mercury 32 500 34 000 per 76 pound flask, and platinum 40 400 per troy ounce for domestic merchant buyers.
Dividends Columbus AP reports eggs sales to retailers in major Ohio cities with cartons delivered. Prices at Ohio farms show large eggs around 105 to 107 and medium around 103 to 112 with limited reporting due to supply. Midwest wholesale prices yesterday were mostly unchanged with Class 1 large at 81 and Class 2 large at 80, mediums 78, smalls 69.
Local grain bids at yesterday's market close list Wheat at 320 dollars per bushel Shelled corn at 3.34 dollars per bushel Oats at 165 dollars per bushel Soybeans at 7.58 dollars per bushel
Creston livestock sale reports 387 consignors selling 1108 head at Creston Auction. Cattle entries include calves bulls and heifers with prices across ranges from 29 to 75 dollars, steers 62 to 64, Holsteins 43 to 59, beef cows 33 to 63, and feeders priced from 29 to 61. Pigs and shoats bring 8 to 55 per head, hogs 43 to 48, sows 32 to 38, and boars 31 to 35.50. Sheep and lambs fetch 12 to 42 per head with feeders 40 to 58.
Reagan administration may propose a contingency tax increase for fiscal 1985 only if Congress makes substantial spending cuts. Regan warned that without adopted cuts, the tax hike would not occur. Deficit projections remain from $195.4 billion last year to $179.7 billion this year, with further rises projected unless cuts occur.
A consumer group report finds that many 1984 models still use stronger bumpers, even after the 1982 standard drop. It cites Volvo Honda Mitsubishi and Mercedes as fully switching to weaker bumpers while Ford leads U.S. automakers by keeping stronger 5 mph bumpers on nearly all its cars except the Escort Turbo.
New York AP report notes cordless telephones, top gift this season, can cause serious hearing loss when rings blast through the earpiece. Nancy Harvey Stearts, chairwoman of the Consumer Product Safety Commission, issued a consumer alert amid complaints and about 20 reports of hearing damage linked to these devices.
A $72,000 grant from Standard Oil (Ohio) will leverage more than $1.5 million in federal funds to aid low income energy programs in Ohio, Colorado, Utah, and Alaska. The effort aims to cut heating costs by 25 percent for about 1,300 Ohio families and hundreds more in other states. Meanwhile, North Carolina insurers move to reimburse annuity buyers from Baldwin United subsidiaries amid the company’s Chapter 11 filing, a process likely to face court battles and lengthy recovery disputes for bondholders.
Washington AP reports a compiled 1984 car model list with Good or Poor bumper ratings for 5 mph or 22 mph impact standards. The catalog names numerous makes and models across Chrysler General Motors Ford Toyota Nissan BMW Renault Peugeot Saab Audi Mercedes Mitsubishi Mazda and others with many misreadings and typographical errors. The list marks most models as Good while many popular a brands receive Poor ratings, highlighting widespread debate over bumper safety.
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