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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Feb 05, 1987

Page

5

U.S. car sales fall 25 percent in late January

Domestic car sales for late January dropped 25.8 percent from a year earlier as GM posted the sharpest decline. In the period January 21 to 31 the eight major automakers sold 194,169 cars versus 261,704 last year, with GM down 34.6 percent Ford off 16.1 percent and Chrysler down 27.1 percent.

Detroit General Motors Corp U.S Ford Motor Co Chrysler Corp David Healy New York Drexel Burnham Lambert Inc Ford Chrysler

Egg prices in Columbus area rise for retailers

In Columbus, AP reports egg prices to retailers with cartons delivered: extra large 65 to 68 cents, large 64 to 87 cents, medium 59 to 62 cents, small 45 to 48 cents.

Columbus Ohio

Metal prices move on New York markets yesterday

Closing prices on the Comex show Gold at 402.70 per troy ounce and Silver at 5.50 per ounce while Merc lists Platinum at 518.50 per ounce. Spot nonferrous metals for yesterday include Aluminum 54.00 cents per pound Copper 60.65 cents Lead 27 cents Zinc 41 cents Tin 34.2073 cents Mercury 205 to 220 per 76 pounds.

NEW York NYSE wLastChg Salehighbo BSS Alcoa Ya Ath&t I Arkla AdRich BethStl Boein BorgWa Www Digitals Lazar Disney Exxon Mobil Monsan Motorla Bint Association, Inc Rebok Rexard U.S

Fourth quarter earnings soar at Cleveland TRW

TRW Inc the Cleveland based defense contractor reports 1986 fourth quarter earnings of 45 million on 1.55 billion in sales reversing a 1985 loss of 28.8 million on 1.48 billion revenue. For the year net earnings reach 217.7 million or 7.11 per share on 6.04 billion in sales.

Cleveland (Ap TRW Inc Ruben F. Mettler TRW Michael Johnson

Mexico presses ahead with Pacific Coast oil port project

Despite severe economic crises, Mexico advances a $950 million Pemex led expansion of the Pacific coast port system. Plans include a southern Isthmus of Tehuantepec pipeline, large tank farms, and loans from Japan to cut Panama Canal shipping. The project aims to boost Far East exports and West Coast fuel needs, with completion targeted by 1989.

Mexico City Mexico Far East Tehuantepec Panama Canal Gul Japan Pemex Salinas Cruz Miguel de Madrid Gulf of Mexico Coatzacoalcos Tijuana Tapachula

Wall Street Buying Spree Pushes Dow To New High

The Dow Jones industrial average rose 22.78 to close at 2,191.23 as buying momentum continues from upbeat economic data. NYSE volume reached 222.43 million shares, advancers led decliners nearly 3 to 1, with indicators pointing to stronger activity and a pending January unemployment report.

Wall Street New York Stock Exchange

Pickens bids $15 a share to take Diamond Shamrock

Oilman T Boone Pickens Jr leads an investor group in a hostile bid offering to buy all Diamond Shamrock common stock at 15 a share or 1.67 billion dollars in cash. Diamond Shamrock previously rejected cash-and-securities offer and proposed a stock buyback and split into two units.

Amarillo

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