Dollar hits new highs as gold falls amid revenue expectations
The dollar rose to record levels against Britain, France, Italy, Spain, Norway and Denmark with 10 year peaks against West German and Doetch currencies. Gold slid to a 16 month low as U S indexes showed the dollar strengthening and gold dropping to 366 an ounce at Republic National Bank in New York.
MENTIONED IN THIS ARTICLE
U.S
Tindal
Britain
France
Italy
Spain
Norway
Denmark
Republic National Bank
New York
Robert Ryan
Irving Trust Co
Opening stocks lift Dow above record high in early trade
Stocks opened higher led by airlines, financials, and paper firms while some retailers fell. The Dow rose 5.24 to 1291.46 after 30 minutes, trading near its all time high as analysts forecast strong fourth quarter earnings and bullish sentiment persists despite a modest Monday pullback. Metals and precious metals quotes appeared in a separate spot price listing.
MENTIONED IN THIS ARTICLE
New York
Creston Auction Reports Strong Livestock Sale Totals
Creston Iowa consigners offered 1,417 head of livestock plus two goats at the Creston Auction Monday. Prices ranged across calves sheep hogs and cattle with calves and heifers in mid 40s to mid 50s, hogs and pups in the 20s to 50s, and cattle including steers and heifers in the 30s to 80s per head or per hundredweight.
MENTIONED IN THIS ARTICLE
Creston
FTC GM pact challenged over conflict of interest
The Center for Auto Safety sues in U.S. District Court to void the consent agreement between the FTC and General Motors, alleging a conflict because FTC chair James Miller was paid by GM before joining the agency. The pact, announced Nov 17, covers tens of thousands of auto defect cases involving engines and transmissions.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
General Motors Corp
Center For Auto Safety
U.S. District Court
FTC
James Miller
Honda expands Marysville plant to double U.S. output
Honda Motor Co plans to add 700000 square feet at the Marysville facility, boosting annual car production from 150000 to 300000 by 1988 and introducing Civic manufacturing. The expansion, costing about 580 million, raises total investment to 580 million with employment rising to 2500. Governor Celeste hails the move as a statewide confidence boost amid unemployment.
MENTIONED IN THIS ARTICLE
Honda Motor Co
Marysville
U.S
Accord
Honda
Columbus, Ohio
United States
Richard Celeste
Hionda
America
Gartu Uiu
Tadashi Kume
Tokyo
Kume
Bob Watson
Ohio
Honda of America
GM to split into two car groups and an engine unit
General Motors plans a major realignment into two car groups for big and small models and a separate engine and power train unit. The move, aimed at reducing model overlap, will keep Chevrolet and Pontiac in the small-car group and Buick Olds and Cadillac in the large-car group with shared product direction and centralized authority.
MENTIONED IN THIS ARTICLE
Auto Industry Developments
General Motors Corp
Warren
Mich
New
Chevrolet
Pontiac
Buick
Olds
Cadillac
Chevy
Arthur Davis
Prescott Ball & Turben
Cleveland
David Cole
Office For the Study of Auto Transportation
University of Michigan
Cole
Robert Stempel
Lloyd Reuss
Roger B. Smith
Smith
The
Tribune
Also Mentioned on This Page
Danna Oo Wate
Labor Department
Tewey
Malwa
Startina Inc
Florida
American Iron and Steel Institute
Pennzoil Co
Getty Oil Co
Texaco Inc
Penida
Getty
Ite
Texaco
Wilson Foods Corp
Albert Lea
Minn
Kesel-Mazal Corp
New Jersey
Air Illinois
Supreme Court
California
Alcan Aluminium Ltd
Montreal
International Business Machines Corp
National Semiconductor Corp
Dow
Gainers
New York Stock Exchange
Handy & Harmon
Ile
YORK
Gallac
Grace
AMD
T. Alimas I
Alean
Alltech
Kurt
Legnar
Hig Beker
BeliSo
Mayet Fae Bestes
Mattel
Matel
Boeing
BrueWas
Alyssa Midas
Bueylir
Bey AR ' Norwst
Colona
RCA
Ranpro
bsKag
Poherd
Rexard
Fixvon
Reguln
Ol Ek Fabrge
Feders
Gseh Fyders
Rymer Ai
Aft
Sears
Sony Fe
SouthCo
AMF Inc
Pierre R. Smith Co
AmerShip
Madland
National Gypsum
Chromalloy Ag Nordson
Allied Corporation
Cleveland T Tec
Tlga Ohn Edison
Alltel
CPC Inter Inc AG
Parker Hanmifi Ag
Emerson
Sthucker
Excelle Avbran
Beks
Treae Piphties
Crs Jotedo Bhaison
Goodrich
TC Industries
Waico National Lie Woolworth
Wae Mutuals
Creston Livestock
Faciy Hall
Thifteen
Columbes
Ohi
Dot
Cincinnati
Schulmay
TravelersCo
Schulman
Renhine Rine
Kempert
Tony Paine
Breeders Choice of
Irwindale, Calif
Celeste
Environmental Protection Agency
Watson
Congress
Reuss Stempel
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