Market gains defy dismal backdrop amid energy turmoil
New York stock averages surged as traders priced in a rally despite a bleak news backdrop. Boeing led NYSE gains, while farm and grain prices across Ohio and the Midwest showed mixed movements with soybeans around seven dollars per bushel and wheat in the low threes.
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Iran
Boeing
Columbus
Ohio
Cantons
Cleveland
New York
USDA
Chicago
Midwest
Westerun
Lorain County Farm Bureau Cooperative Association, Inc
Fed reshapes money measures M1 M2 and beyond
The Federal Reserve reports on M1 M2 and M1 plus redefining monetary aggregates as economist Nancy Teeters notes two conflicting figures may signal missing data or errors. M1 remains about 360 billion while consumer spending stays brisk despite slower money growth. Leonard Santow asserts numbers matter less than broader economic indicators.
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New York
UPI
Federal Reserve Board
G. William Miller
Fed
Nancy Teeters
Leonard Santow
J. Henry Schroder Banking Co
Carter eyes Mexican gas deal amid energy talks
Mexico's Lopez Portillo opens private talks with Carter on gas oil and braceros as UPI reports a possible resumption of two year stalled negotiations. Embassy says deal faces pride and nationalism hurdles while U.S. price and domestic supply shifts shape bargaining.
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Jose Lopez Portillo
Cyrus Vance
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Tabasco
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Congress
James Schlesinger
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Luis) Echeverria
Patrick J. Lucey
Washington
Iran
C&W Stenographic Enterprises Opens at 246 Harvard Ave Elyria
Dana Clarke and Linda Clarke own C&W Stenographic Enterprises a new Elyria business at 246 Harvard Ave offering typing small business bookkeeping payroll tax and individual tax returns resume preparation insurance forms workers compensation 24 hour answering service pickup and delivery and license tag pickup services for firms and individuals The staff of six uses IBM Selectric machines with various type styles and the photo by Dave Zapatosky notes total 50 years of experience.
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Harvard Ave
Elyria
C&w
C-T
Dave
Experi- Zapatosky
URW-Firestone reach no strike lockout pact in talks
Akron Ohio United Rubber Workers and Firestone Tire and Rubber announce a master bargaining agreement framework with no strike or lockout during negotiations. The pact limits legal disruption, sets a pattern for settlement if talks fail, and aligns with the April 20 contract expiry amid industry-wide talks. TOM WILLIS leads Lorain County Realtors Services Committee.
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Akron, Ohio
UPI
United Rubber Workers
Firestone Tire & Rub
Er Co
Ber
URW
Firestone
UAW
Rubber Industry
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