Cleveland bankers see one good boom after recession
Three Cleveland bankers told a COSE luncheon the nation’s recession should bottom out between January and April next year with a slow recovery starting later in 1982. They predict a possible one strong Cleveland boom as Reagan tax cuts and supply-side policies attract investment, while rates ease then rise. Inflation trends downward and housing auto demand should grow late 1982 amid volatile overall economy.
MENTIONED IN THIS ARTICLE
Cleveland
Council of Smaller
Eni
COSE
Ohio
Pavsek
Opening stocks show small gain on market turn
The New York stock market opened with a slight uptick as the Dow gained 1.14 to 871.67 in the first half hour. Gainers outpaced losers about 7 to 6 on the NYSE with Leaseway Transportation active at 26, a 152,200 share block trading at that price. The Commerce Department revised third quarter GNP to a 1.4 percent annual rise, driven largely by inventory building, even as economists warn this may mask weaker underlying demand and a potential 5 percent or more GNP drop in the current quarter.
MENTIONED IN THIS ARTICLE
NEW York
Commerce Department
Department
Leaseway Transportation
Grain bids at Lorain County fair markets soybeans price
Lorain County grain market reports show soybeans at about 5.93 dollars per bushel. Local bids and farm activity reflect a modest trading pace as growers monitor futures and storage costs.
MENTIONED IN THIS ARTICLE
Lorain County Farm
Baresaive Amociatea
Marriages Form Across Lorain and Amherst Areas
A list of marriage licenses shows multiple couples from Lorain and nearby Amherst. Notable pairs include Orest Lesink and Diane Kast both aged 34, David Price 22 with Tammy Tomasic 20, Gregory Stevens 20 with Roxie Sweiger 16, John Huertas 43 with Beth Goodrich 36, Andy Haupt Jr. 25 with Kari lyn Gerbracht 22, and Ernest Contreras 22 with Debra Aguilar 21. Additional entries cite Stephen Green lief 20 and Georgia Harris 16.
MENTIONED IN THIS ARTICLE
Orest Lesink
Falbo Ave
Lorain
Diane Kast
Riverside Dr
David Price
8Th St
Tammy Tomasic
Eastlawn St
Gregory Stevens
Colorado Ave
Roxie Sweiger
Hancock St. Lorain
John Huertas
20Th St
Beth Goodrich
Oakdale Ave
Andy Haupt Jr
S. Main St
Amherst
Karilyn Gerbracht
39Th St
Cleveland
Ernest Contreras
Oakwood Ave
Craneman
Debra Aguilar
E. 33Rd St
Clerk
Grain prices in Ohio grain markets after hours
UPI reports average cash grain prices paid to farmers in Ohio marketing areas after markets closed Thursday through today. Northeast prices show No. 2 wheat and shelled corn figures. Northwest prices list No. 2 wheat and corn with several listed values.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Northeast Ohio
Northwest Ohio
Rates to drop further say Wall Streeter Offit predicts
Analyst Morris Offit of Julius Baer Securities foresees a continued decline in interest rates with another 2 percent drop by March and a further 15 percent rise in fixed income, driven by a banking system reliquification plan and shifts from money market funds into Treasuries amid a weaker economy. He argues prime rates could fall to 10 percent by March, aided by pension funds buying original issue discount bonds and banks cutting CD issuance.
MENTIONED IN THIS ARTICLE
Wall
Uncle Sam
America
Offit
Treasury
Kidron Auction Hogs and Cattle Show Varied Prices and Holiday Schedule
Heavy consignments continued at Kidron Auction with hogs advancing to 40.90 while feeder pigs declined amid weak demand. Beef cattle rose with good beef cows up to 44.75, about five dollars above last week. Holiday sale schedule noted no sale on December 24, with sales on December 26 and December 31 at usual times. Total head 2 358 from 470 consignors, hay and straw provided along with other farm products.
MENTIONED IN THIS ARTICLE
Kidron
Sual
Also Mentioned on This Page
Amy Pruittct
Ted Tung
Central National Bank
Ronald Reagan
Daniel A. Pavsek
AmeriTrust
Craig Pratt
Eters Peth
Reagan
Tung
Pratt
Ed Industries
Grobnd
Tenaco
Texaco
Timken
Alcoa
Ty Am Airlines Hospital
la Tot Me Inco Ltd
Uniroy! Inc
Amt&t
Sr Ussteel
Intit&t
BetkStri
Bobbie Bristol
Sperry
Stephen Greenlief
Garden St
Georgia Harris
Phle Cook
MaseFa
etiBond
If Ib
Comral
Zolny Ate Ag Lars Ae
Elyria
You
Treasuries
Treasury Securities
Odd Lots Securities, Ltd
Manhattan
Rochester
N.Y
New Port Richey, Fla
Merrill Lynch
Odd Lots
Lawrence Weiss
Weiss
Dan Dorfman
Kidron Livestock
Ryles
van Wormer
Red Wing Work Shoes & Boots
U.S
CALL
Spike, Meckler, Rothgey & McClain Co
Lpa
West Ave
Sotle
Oberlin RD
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