Ford, UAW begin talks on long term labor pact
Ford Vice President Peter Pestillo says concessions alone won't revive a slump age. The two sides reopened bargaining at Ford headquarters with subcommittees planned to draft a replacement contract. Fraser warned uncertainty remains after GM talks failed, while Ephlin noted Ford workers may accept changes due to Ford's poorer finances.
MENTIONED IN THIS ARTICLE
United Auto Workers
Douglas Fraser
Ford Motor Co
Ford
Dearborn
Mich
UPI
UAW
Peter Pestillo
Sesson
Pestillo
General Motors Corp
Fraser
Donald Ephlin
Ephlin
Prime rate halt shocks Reagan aides and bankers
United Press International reports the gradual decline in the prime interest rate has halted. Citibank raised its prime from 15 to 16 percent, with Crocker National Bank following. Bank officials weigh how quickly others may move, while Treasury official Beryl Sprinkel warns that rates must fall for the recovery to proceed.
MENTIONED IN THIS ARTICLE
Citibank
Crocker National Bank
Beryl Sprinkel
Treasury Department
Monetary Affairs
Federal Reserve
NYSE
Gulf Oil
Mobil
General Electric
Eastman Kodak
Market Opens Mostly Lower Amid Slow Early Gains
Opening stock prices mostly slipped with some measures edging up. The Dow rose 1.62 to 853.31 after 30 minutes, while the NYSE saw more losers than gainers. CitiBank and Crocker raised prime rates to 16 percent, spurring a cautious market outlook.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Grain prices in Ohio after market close Monday
In Ohio's principal marketing areas the average cash grain prices paid to farmers show No 2 wheat at 4.50 in Northeast, No 2 shelled corn 2.48, No 2 oats 2.22, No 2 soybeans 6.30. Northwest reports No 2 wheat 3.42, No 2 shelled corn 2.48, No 2 oats 2.15, No 1 soybeans 6.29. Central Ohio lists No 2 wheat 3.54, No 2 shelled corn 2.52, No 2 oats 2.28, No 1 soybeans 5.29. trend notes No 2 wheat higher, No 2 shelled corn higher, No 2 oats unchanged, No 1 soybeans higher.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Northeast Ohio
Northwest
Oho
Central Ohio
Egg price reports rise in Midwest and Ohio markets
In Columbus and Chicago reports, wholesale egg prices climbed for Class 1 large to 73 cents, Class 2 large 73, large and med 73, small 62, nest run 51, and checks 46. The notices show cartons delivered to retailers with large eggs mostly in 98 to 100 cents per dozen range and medium eggs around 95 to 97.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Chicago
Midwest
Nest
Metal prices New York spot nonferrous metals readout
Spot quotes from New York show copper at 74-80 cents per pound, lead 30 cents, zinc 42-43 cents, tin 7 7354 dollars per pound, aluminum 76-77 cents, gold at 378 50 per troy ounce, silver 80 55, mercury 390 per flask, platinum 364 per troy ounce. Harman Harman provided the daily quote.
MENTIONED IN THIS ARTICLE
New York
Harman & Arman
Haarmon & Harman
Lorain County Farm Bureau Reports Grain Prices
Lorain County Farm Bureau Cooperative Association notes closing market prices with Wheat at 346 dollars per bushel Shelled corn 242 dollars per bushel Oats 215 dollars per bushel and Soybeans 628 dollars per bushel, reflecting the day’s grain values for local producers.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association
Ino
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Chronicle-Telegram
Elyria
United Press International
William Sullivan
Bank of New York
Financial Writers Association
Sprinkel
Jasonol
Halle
Cleveland
Halle Brothers
Halle’s
Halle's
Cuyahoga County
Common Pleas Court
Summit Mall
Summit County
Sandusky Mall
Millcreek Mall
Erie
James J. Sweeney
Associated Investors Inc. of
Associated Investors
Jerome Schottenstein
Fairview Park
AllgPw
CondGr
Hershf
AMAX
Cook Ltd
Windus
Dayton Hud
Cyan
Pwr
Air
Intit&t
Am Motors
Eskodak
Kellogg
Amt&t
Eaton
Kroger
Armco
EvansPrdi
LoneSir
Bendix
Mattel
BethSt
Firstone
McNeil
Mo Boein
Ford Motor Borg
Monson
Chisler
Nabisco
CocaCol
Wah Colgate
Col Gas
My Great A&p Natl Steel
Norfkw
Gulfoul
HannaMin
Owenttl
Pan Am Air
Penney
Pennpl
PepsiCo
PhilPet
Rcacn
Pierre R Smith
Mid-Ohio Securities Corp
National Association of Securmer Dealht Inc
Sipc Lorain
CLEVE
Spitzer Park Plaza
Brig
Radio Shack
Tandy Corp
Mutuals
Transohio Savings
Transchio
Fpslic
TransouHio Savings
Tay Me
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