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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 11, 1985
Page
7
Eggs sales to retailers in major Ohio cities noted with carton sizes Extra large 50 to 55 cents per dozen, Large 48 to 52, Medium 36 to 43, Small 28 to 32. producer loading light type hens reported with limited detail.
AP reports yesterday prices for copper at 64.5 to 64.7 cents per pound lead 19.23 cents per pound zinc 45 cents per pound tin 5.? 7 5 0 2 aluminum 47.75 cents per pound gold 303.10 per troy ounce silver 50.48 per troy ounce mercury 33.13 to 51.22 per 76b flask platinum 276 to 278 per domestic merchant troy ounce.
Lorain County Farm Bureau Cooperative Association released local grain bids at yesterday's market close. Wheat 327 per bushel, soybeans 564 per bushel, and corn 2.13 per bushel were listed for nearby delivery.
Winter weather kept consignments light at Kidron Auction though bids remained near steady for most species. Market hogs topped at 49.50 per cwt with limited variation. dairy cattle featured springers up to 1090 dollars. hay and straw values held firm with hay 40 to 90 per ton, straw 72.50 to 90. Cattle and calf listings show varied steer and heifer prices, plus cows and feeder calves. Total head 1,786 from 441 consignors.
About 65 business leaders and Ohio Bureau of Employment Services officials met at Lorain County Joint Vocational School to form a local JSEC. The panel aims to connect employers with bureau services to place jobless residents, part of a statewide push that has added 45 new committees since last fall and now includes 1,500 employers.
A federal judge ordered a trial to decide if Eastern Airlines may unilaterally extend employee wage concessions beyond December 31. The International Association of Machinists seeks an injunction to halt further 18 to 22 percent pay cuts, while Eastern contends the concessions may extend into 1985 under the Railway Labor Act. The dispute drew in pilots and flight attendants and centers on whether the wage agreement is distinct from the IAM contract, with a decision due in 10 to 12 days.
Dayton business counselor Craig Rider tells Rotary Club that firing can be a developmental process when properly handled. He says counseling aids morale, reduces community backlash, and may prevent lawsuits, while stressing support for the terminated and using the time to reassess career directions.
Parker Hannifin Corp chairman Patrick Parker and president and CEO Paul G. Schloemer are named the machine industry’s top executives as co-recipients of the Gold Award for Excellence. The award stems from nationwide interviews by industry insiders and analysts. Parker Hannifin posted 1984 sales of 1.3 billion and serves industrial, automotive, aviation, space, marine and medical markets. Parker joined in 1953. Schloemer since 1957 and rose to president in 1982. Both hold multiple university trustee and corporate director positions.
Baldwin United will receive at least 715 million from the sale of MGIC Investment Corp to Northwestern Mutual Life Insurance Co and reinsurers. Proceeds go to Baldwin policyholders and banks that funded the 1982 MGIC purchase, amid court reorganization and solvent-regulator scrutiny.
Hughes Aircraft Co held by the Howard Hughes Medical Institute may fetch up to 6 billion dollars as analysts weigh a sale or possible bid via an employee stock plan. Morgan Stanley will explore options including a public offering or private sale to major defense contractors such as Rockwell Litton Boeing GE Westinghouse or GM.
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