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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 09, 1998

Page

7

Producer prices slide in 1997 amid energy drop

Labor Department reports U S producer prices fell 1.2 percent in 1997 the largest drop since 1986 led by a 6.4 percent decline in energy costs food prices also eased by 1 percent while prices for other goods were flat Fed official Meyer forecasts slower growth in 1998 but inflation remains under control He notes Asia turmoil tempers expansion and could influence rate policy and inflation paths.

Washington United States Labor Department U.S Federal Reserve Laurence H. Meyer U.S. Treasury Treasury Meyer Asia Economic Strategy Institute Fed

Britons rally to buy Rolls Royce amid German worry

In England a Rolls-Royce Action Committee gathers wealthy owners to raise about 1.1 billion dollars to bid for Rolls-Royce Motor Cars. They argue the British icon should stay British amid interest from BMW Daimler-Benz and Volkswagen, while noting Britain’s manufacturing decline and foreign ownership trends.

Crewe England Rolls-Royce Action Committee Rolls-Royce London Stock Exchange Lionel Whitehead Scotland BMW Daimler-Benz Volkswagen Vickers Michael Shrimpton Longmore Royal Air Force Britain Mercedes Rover U.S

Holiday Bargains Boost Some Retailers into Post-Christmas

Shoppers flocked to stores in late December as discounts pulled in buyers. Merrill Lynch index rose 5.2 percent for December, with Wal Mart Target strong, Neiman Marcus and Saks also posting solid results while J C Penney Ann Taylor and Talbots posted declines.

New York Merrill Lynch Wal- Mart Target Neiman Marcus Saks Fifth Avenue J.C. Penney Ann Taylor Talbots

Opening Stocks Show Wide Activity In Early Trade

AP reports early on the New York Stock Exchange the most active stocks by volume, listing gainers such as Amoco, Walmart, Pfizer and Merck with varied price changes. The page reflects a bustling session with numerous tickers showing notable moves, reflecting market breadth and investor interest.

Amoco Amet

Local Stocks Rise For CoBancomp and Partners

Local stocks report gains for CoBancomp Inc Columbia Gas CVS Corp and Englehard on steady trading as investors monitor energy and chemical sectors amid market fluctuations.

CoBancomp Inc Columbia Gas Cvs Corp Englehard

Also Mentioned on This Page

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