Egg price report and metal market snapshot
REPORTS from COULMRES AP and NEW YORK AR show eggs sold to retailers in Oregon and other states with varied carton sizes and price points. The metals section lists copper zinc tin mercury and platinum prices per pound or per troy ounce, while Ohio and Lorain County area notes reference market activity and local agricultural bids including wheat and soy prices per bushel.
MENTIONED IN THIS ARTICLE
New York
Xonics Deal Aims To Exit Chapter 11 By Allied
Gary Saunders, CFO of Xonics Photo Chemical Co, says Xonics has reached an agreement with Allied Products Corp for Allied to buy Xonics via an Allied subsidiary. Allied would pay 54 million to creditors and possibly shareholders. A March 12 hearing is set, with a March 19 disclosure statement hearing to follow if the agreement is approved.
MENTIONED IN THIS ARTICLE
Gary Saunders
Xomiecs
Allied Products Corp
Chicago
Allied
Xonics Photo Chemical Co
Xomecs
Xontes
Saunders
Johnson elected LCB director Johnson elected LCB director
James N. Johnson, president of Harold Rorick Insurance Inc., Elyria, has been elected a director of LCB Bancorp Inc and Lorain County Bank. Bowman announced. Johnson attended Ohio Wesleyan University and served with the 8th Air Force in World War II, was a POW, later escaped, and now serves on several local boards. He and wife Jane have two grown children.
MENTIONED IN THIS ARTICLE
James N. Johnson
Harold Rorick Insurance Inc
Elyria
LCB Bancorp Inc
Lorain County Bank
Robert T. Bowman
Johnson
Ohio Wesleyan University
8Th Air Force
Germany
American Red Cross
Elyria Memorial
DeLorean records to be reviewed by trustees
DeLorean Motor Co. trustees will review about 20,000 microfilmed pages taken from John 2 DeLorean’s New Jersey home. A bankruptcy judge ordered the review to determine asset whereabouts and director officer liability. Microfilm reels were sealed in New York and are with a NYC filming firm.
MENTIONED IN THIS ARTICLE
Detroit
DeLorean Motor Co
New Jersey
John 2. DeLorean
U.S
Sheldon Toll
Firestone pledges aid to South African blacks
AKRON AP Firestone Tire & Rubber Co will spend about 1.5 million dollars over three years to aid blacks in South Africa. The board voted to devote about 25 percent of dividend income and trademark fees from Firestone South Africa Ltd. to education and training programs. Funds, about 500 thousand dollars annually, will go to the South African Council for Higher Education Trust and the Institute of International Education, with increased support for Ighayiya Technical College. The move is framed as part of the company’s ethical and social responsibilities amid international criticism of South Africa’s racial policies.
MENTIONED IN THIS ARTICLE
AKRON
Firestone Tire & Rubber Co
South Africa
Firestone South Africa Ltd
Firestone
South African Council For Higher Education Trust
Institute of International Education
Women executives schedule workshop in Cleveland
The North Coast Executive Women's Network hosts a 7 pm Thursday workshop featuring Jean Grady owner of Melody Graphics discussing How To Build Your Own Personal Network. The fee is 10 dollars for members and 15 dollars for non members. For more information call 561-4870.
MENTIONED IN THIS ARTICLE
Cleveland
Northcoast
Jean Grady
Melody Graphics
Reagan panel warns economy faces growing foreign challenge
A Reagan commission on Industrial Competitiveness warns the United States is losing ground to rivals abroad and urges a new approach to boost research, capital investment, and trade. It cites a widening trade deficit, lagging productivity, and high costs, urging cabinet-level science and trade groups and collaboration among labor, management, and government.
MENTIONED IN THIS ARTICLE
Washington
Business, Labor
Reagan
White House
Oval Office
Commission On
John A. Young
Hewlett-Packard
United States
U.S
Commission
Japan
Science
Howard Samuels
Industrial Union Department
Afl-Cio
America
Rates drop for some T bills in Tuesday auctions
The Treasury sold 7 billion in three month bills at an average discount rate of 8.15 percent, down from 8.20 percent last week. Another 7 billion in six month bills went for an average rate of 8.25 percent, down from 8.28 percent. These were the lowest levels since January 28 when three month bills yielded 7.76 percent and six month bills 7.97 percent.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
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