Oil price rise sparks uncertain outlook after OPEC pact
Analysts dispute how long OPEC's 7.6 percent cut will last and whether higher oil prices will lift US gasoline costs. Some expect $18–$19 per barrel soon with gasoline up 8–10 cents per gallon, while others warn non-OPEC output could erode gains.
MENTIONED IN THIS ARTICLE
New York
OPEC
Organization of Petroleum Exporting Countries
Data Resources Inc
Lexington
Mass
U.S
Iraq
Kuwait
United Arab Emirates
Trilby Lundberg
Los Angeles
Europe
Britain
North Sea
Dallas firm to buy Cellular One systems in Ohio Michigan
PacTel Personal Communications of Dallas agreed to pay 316 million dollars for 100 percent of Cellular One operations in Michigan including Detroit Ann Arbor Flint and Grand Rapids and in Ohio Toledo. The purchase covers companies owned by multiple investors and requires regulatory and court approval. The Washington Post Co. expects a 25 million after tax gain from its share.
MENTIONED IN THIS ARTICLE
Dallas
Cellular One Systems
Ohio
Michigan
Washington
Pac- Tel Personal Communications
Detroit-Ann Arbor
Flint
Grand Rapid Cellular Telephone Cos
Toledo Cellular Telephone Co
Graphic Scanning Corp
the Washington Post Co
Rapid-American Corp
RAM Broadcasting Corp
the Western Union Telegraph Co
Associated Communications Corp
Cellular Communications, Inc
U.S. District Court
Bell Telephone Company
PacTel
Pacific Telesis Group
San Francisco
Atlanta
Ginny Juhnke
Pacific Telesis
Detroit
Toledo
New York
Los Angeles
Sam Gin
The
Washington Post Co
Egg price report for Ohio retailers in major cities
Ohio egg price report lists delivery carton prices to retailers in Columbus and other cities. Extra large 73 to 76 cents, large 72 to 75, medium 62 to 65, small 48 to 51. Light-type hens are too few to report.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Metal prices New York closing figures AP report
AP reports closing Comex prices for metals in New York with Gold at 394.80 per troy ounce Silver 5.395 per troy ounce Platinum 481.10 per troy ounce and spot copper 60.15 cents per pound Aluminum 4960 cents per pound Lead 28-29 cents Zinc 44 cents per pound Tin 30337 per 76 pounds Mercury 215-228 per 76 lb flask Metals Week composite noted.
MENTIONED IN THIS ARTICLE
New York
NYSE
LastChg Admins S
AmMat
At&t
Amoco
Aulrich
BrkAm
Baxter
Boeing
Bate
Cmwe
Contel
duPont
Exxon
Harris
Ya HewlPk
Ms Hanwell
Bath
Holand
IBM
Sao
Itcrps
Jriver's
Joymeg
Kenart
LearSg
Owenc N
Ownllls
Pacge
PacTel
PanAm
Vatie Mutuals Pandek
Sen Pepts
Rey Pfizer
Amer-Wash Mutual
Dreyfus
hyaEl
Fidelty-Puritan
Hancock-Ban
Pripcl
MIT
Vanguard-Wellgriff Wee Yean
Christmas Slims for U.S. Retailers Amid Slow Seasonal Sales
Retailers face disappointing Christmas sales as consumer debt and tax changes curb spending. Analysts cite restrained shoppers, debt burdens, and fewer tax deductions, though apparel and specialty stores show some promise. Kmart reports slow improvement with no January figures yet.
MENTIONED IN THIS ARTICLE
Stanley Berkovitz
Zayre Corp
Midwest
Joanne Legomsky
Standard & Poor’s Corp
Legomsky
Walter Loeb
Morgan Stanley
Loeb
Monroe H. Greenstein
Bear Stearns
Kmart Corp
Teri Kula
Troy
Mich
Revco sells Carter-Glogan Labs to Henry Schein unit
Revco DS Inc will receive about 38 million dollars from selling Carter-Glogan Laboratories Inc to a Henry Schein subsidiary. Carter-Glogan, based in Glendale, makes injectable vitamin solutions linked to infant deaths and injuries. Revco retains potential liability for remaining lawsuits.
MENTIONED IN THIS ARTICLE
Twinsburg
Revco Ds, Inc
Carter-Glogan Laboratories Inc
Henry Schein, Inc
Long Island
N.Y
Carter- Glogan
Glendale
Ariz
Carter-Glogau
Revco
R. Carroll Hudson
Hudson
GM weighs closing more plants amid losses and high costs
GM may add to its list of 11 aging plants slated for closure to cut overproduction and costs. Leeds Missouri, home to 4,000 workers, is cited as a possible future closure.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Kansas City
Leeds
William Hoglund
Hoglund
Chevrolet
Cavalier
Roger Smith
Also Mentioned on This Page
Middle East
Gordon Pye
Irving Trust Co
Stephen Smith
Lundberg
Cellular One
ATS T Royld
Sfesop
SciAdl
Stevaj
Sysco
Texaco
TexUtil
Toyrus
USG
Uspcis
Pierre R. Smith Co
Acme
LNB Bancorp
Lesco Inc
Nordson
Qhyo Edison
Parker Hannifin
Srmucker
Texas Uutires
Teatwarth
York International
Chicago Tribune
Money Magazine
Joyce M. Rosenberg
AP Business Writer
Securities and Exchange Commission
Private Formulations Inc
Pharma Control Corp
New Jersey
Lake Orion
Wentzville
Oklahoma City
Hamtramck
Antler
Antler’s
Lorain
al Luempert
Luempert
Victoria Station
C. Ross
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