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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 14, 1986

Page

5

Union declines to post bond in Jeep seniority flap

In Toledo US District Court Judge Walinski set a $250,000 bond for UAW Local 12 to sustain an injunction on Jeep corporate seniority dating to 1982. The union declined the bond by 4 pm, leaving 105 workers in limbo as arbitration fights over recall and layoffs continue amid contract constraints.

Union Jeep Toledo United Auto Workers Jeep Corp District Court Nicholas Walinski UAW American Motors Corp Milwaukee Kenosha Wis AMC Detroit Local 12 Danny Wilson Jan Skunda Ms. Skunda Wisconsin Wilson International Uaw Appeals Jeep-Uaw Walinski White Plains Texaco Inc Pennzoil Co Charles Brieant Texaco Pennzoil Getty Oil Co US. Circuit Court of Appeals New York Brieant

Stocks in Columbus see varied carton sizes and prices

In Columbus AP reports mixed pantry stock lines for relaters in major Ohio cities. Cartons delivered range from extra large to small with prices noted for large 70 to 75, medium 61 to 68, small 45 to 48 and lightype hens among items reported.

Columbus Ohio

Lorain County grain bids reported by Farm Bureau group

Lorain County Farm Bureau Cooperative Association lists yesterday's market bids for grain. Wheat at 294 cents per bushel, Shelled Corn 239, Oats 110, Soybeans 97 cents per bushel.

Lorain County Farm Bureau Cooperative Tne Loeal

Trading gains as stock prices ease after last week selloff

New York stocks edged higher in subdued Monday trading after a last week selloff. The Dow rose to 1,520.53 as volume slowed to 108.68 million shares. Texaco and Pennzoil fought legal battles while Sterchi Brothers rose on Heilig-Meyers offer talk. The S&P 500 and NASDAQ advanced modestly as investors awaited retail sales and industrial production data.

New York NYSE AMI Bhd AldSgn Nl Alcoa BeatCo Abe — Bristo Dwight Ty CrayRs Uw Digital Disney EsKod Exxon Sala Ata Sala Gannett aHont S Halbin Hanna IntHary Luberl al Merck Monsan PepsiCo Phiver New York Stock Exchange Wall Street Sterchi Brothers Heilig-Meyers Co Comdisco Internal Revenue Service Texaco Pennzoil Getty Oil Schlumberger Halliburton Walt Disney Productions GTE Sprint

Short-term T-bill rates rise to highs since November

Washington AP reports Treasury auctions showed sharp gains in short-term rates, with three month bills sold at 7.23 percent and six month bills at 7.28 percent. The results mark the highest levels since mid November, detailing discount rates and implied yields for a $10,000 three month bill and a $9,632 six month bill.

Washington Treasury Treasury Department

Modest 1985 Wholesale Price Rise, Outlook for 1986

U S Labor Department reports wholesale prices rose 1.8 percent in 1985, lowest three year inflation in two decades. Year end figures hint at relatively low inflation for 1986 with December up 0.4 percent.

Washington Labor Department

Creston Auction Report Across Livestock Prices

A Creston sale lists calves at 26 to 60 dollars, hogs and pigs varied from 14 to 29 dollars, cattle including heifers steers and cows with prices up to 96 dollars, and farm staples like hay and straw priced per load or bale. Multiple lots show dairy and beef cattle valued, with miscellaneous feeds and farm supplies quoted alongside.

NCR reports record fourth quarter and yearly earnings rise

NCR Corp posted record net income of 133.2 million for the fourth quarter ended December 31, with annual earnings before tax adjustments also at a record level. Sales reached 14.0 billion for the quarter, up 12 percent from 1984. For 1985, earnings totaled 315.2 million, or 3.15 per share, on sales of 43.0 billion.

Dayton (Ap NCR Corp Charles E Exley Jr NCR United States Exley

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