Consumer confidence climbs to five year peak in December
The Conference Board reports consumer confidence rose to 94 in December from 90.2 in November, the highest since October 1978, with factors including rising income low inflation and more jobs fueling optimism for 1984. Factory orders up 2.2 percent to 185.8 billion in November. New construction in place at 271.9 billion annual rate. 48 banks failed in 1983, the highest in over four decades. S&L mergers lower. Auto price cuts planned amid tax changes. Manville sues over asbestos in Navy shipyards. Getty seeks NYSE trading suspension after bid from Peontco. Murdoch may raise Warner stake to 49.9 percent.
MENTIONED IN THIS ARTICLE
Im Aeenbaand
Forbes Gus Tiga
Conference Board
Commerce Department
General Motors Corp
Ford Motor Co
Chrysler Corp
Opening stocks slip amid rate uncertainty in New York
The market opened lower as traders weighed uncertain interest rate outlook. The Dow Jones industrial average fell 5.90 points, with the Dow’s first half hour reading down to 1,251.99. Losers slightly outpaced gainers on the NYSE. At Columbus, Butter Eggs items reflect retailer sales gaps in major Ohio cities. Chicago reports Midwest egg prices steady with wholesale buying mostly Class I large to Class II smaller varieties.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Columbus
Ohio
Chicago
Midwest
Huntington savers gain as market and rates shift
Huntington savings gains surface as farm market bids list wheat at 1.24 per bushel and corn, oats, soybeans quoted. Huntington National Bank raises passbook and savings rates to 5 percent, aiming to stay competitive with savings and loans. The earnings rise 29 percent from 1982.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Associacy
Tee Gray
Cleveland
Huntington National Bank of
Northeast Ohio
Robert van Auken
Huntington
65 Wells to Drill Gas and Oil in Ohio Joint Venture
Park-Ohio Industries of Cleveland announces an $111 million joint venture with Rotan Mosse Inc. to drill 65 gas and oil wells in northeastern Ohio. The plan involves about $7.2 million from the partnership with the remainder by Park Ohio, with initial funding of $4 million reported in November. Drilling is under way and all wells are expected to be completed in the first half of 1984. The note mentions Panama Canal treaty backing from 1977.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Park-Ohio Industries, Inc
Rotan Mosse, Inc
Heeton
Richard Sheetz
Park Ohio
George Bricmont
Pact
Also Mentioned on This Page
The
Associated Press
Fabian Linden
Robert Oriner
Seren Wraengne Mone
American Motors Corp
American Iron and Steel Institute
Manville Corp
U.S. Navy
Manville
U.S. Claims Court
Washington
Getty Oil Co
Peonzoil Co
Getty
Rupert Murdoch
Warner Communications
Inet
Michigan
Cyprus
Corporat
Math Daces Rite Sear
Bas
Shor
Consumer Dy Ticna
Sorong Dude Underatartee
Records Tea Chain
Arnings
Sunmer Guttock
Florida
Sun Daneips
Seet Coetete
Eote Inc
Unity Buying
Serece
American Medical Sundenos Weacercor
Exeter
Ss Bk
ASSAS
Cinidute Deol
Pineal
Sacre Vegas
Cramone Sellers
Aay
Hetite
Onigte Homes International Telesphere
Tateconcepts
New York
NYSE
American Stock Exchange
NEW York (Ap
Heghlaw Baston LaPac
AMR
MerLy
Atorte
Monsan
BokAm
Nsemis
Boeing
Chase Pfs
Phizer
Citierp
Philer
Disney
T Savin
Entex
Exxon
Ford
SoRoy
Goodyr
Gould
xInst
Txogas
USL
IBM
UniTel
Emerson Bexcello
Fruehauf
Goodrich 1¢ Industries
Lear Siegler
Midland-Ross
National Gypsum Ve Nordson
Ohio Edison
Parker Hanmfin
Smucker
Sybron
Texas Unities
Toledo Edison
TRW
Waho National Woolworth
Mutuals Prey Wash Mutcie
Padzing
Ene
S&s
Fikeret
Brenton
Brereton Para
Sgrsedd
Gerald Ford
Midway Mall
Aden
USDA
JSDA
Demuery
Rhc
Jonathan Apples
Bordens
E. Herrick St
Wellington
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