Karen Horn to lead Bank One of Cleveland after Fed Reserve post
Karen N. Horn, resigning in April as president of the Federal Reserve Bank in Cleveland, will become chairman and CEO of Bank One of Cleveland. She was the first woman to head a regional Fed bank, and will join Banc One Corp. as a top female banking executive. Horn cited banking confidence as crucial after the 1985 savings and loan crisis and noted Bank One of Cleveland serves 47 branches in northeastern Ohio.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank
Karen Horn
Bank One of
Cleveland
Karen N. Horn
Horn
Bank One
Banc One Corp
Banc One
John Russell
Cleveland Federal Reserve Bank
Ohio
Ohio Deposit Guarantee Fund
The
Pennsylvania
Kentucky
West Virginia Panhandle
Egg price report from Columbus markets shows varied carton quotes
AP notes egg sales in Columbus area with retailers listing different carton prices for sizes extra large 65 to 68 cents, large 62 to 67, medium 41 to 46, and small 45 to 46 cents per dozen while hens availability remains limited.
MENTIONED IN THIS ARTICLE
Columbus
Metals close values on Comex prompt New York
New York AP reports yesterday's Comex closing prices for metals with Gold at 415.50 per troy ounce Silver 56.82 per troy ounce Platinum 538.50 per troy ounce Aluminum 53.35 cents a pound Copper 61.10 cents a pound Lead 27 cents a pound Zinc 41.44 cents a pound Tin 4.2118 dollars per troy ounce Mercury 252.22 per 76th ounce ask.
MENTIONED IN THIS ARTICLE
New York
Nys
David Iy AG
Amanz Ab
Bethsut
Mit LA Ny
Borden
Vteurs AB
Ciliery
Oettar Arazo Ana al
Ad Fe
Ty Gmot Sa
Ty Galac
Johnna
Korea
Merck
Merlyn
Mobil
NiSemy
Oakind
PacTel
Rs&h
Nfs
Grain bids at Lorain County Farm Bureau market
Lorain County Farm Bureau Cooperative Association lists yesterday's grain bids. Wheat at 276 per bushel, Shelled Corn 152 per bushel, Oats 1.65 per bushel, Soybeans 470 per bushel.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association
Dow resumes record setting rally on strong market rebound
The Dow industrials rose 43.17 to finish at 2,150.45 as stocks rebounded from a two session dip and a frenzied Friday. A weaker dollar helped exporters lift shares, with the greenback slipping to 1.7975 marks and Treasury Secretary Baker downplaying talk of a Group of Five meeting to curb the plunge. wage data showed 3.5 percent average gains overall, teachers leading at 5.9 percent and private industry at 3.2 percent.
MENTIONED IN THIS ARTICLE
New York
U.S
Dow
Wall Street
Treasury
James A. Baker
Group of Five
United States
Japan
West Germany
Britain
France
Wage gains shrink as 1986 raises mix with bonuses
Americans saw average wage increases of 3.5 percent in 1986 down from 4.4 percent the prior year with many employers preferring lump sum bonuses over higher weekly pay. Non union workers gained more than unionized workers though the pay gap remained large. Teachers, state and local workers led pay hikes while private industry rose 3.2 percent. Lump sum bonuses up to 4000 dollars were common in major settlements.
MENTIONED IN THIS ARTICLE
U.S. Bureau of Labor Statistics
Washington
Bureau of Labor Statistics
BLS
Labor Department
Delta urged for nonstop Cincinnati to London flight
A US Department of Transportation official recommended approval of Delta Air Lines nonstop service from Cincinnati to London, with final decision by Transportation Secretary Elizabeth Dole expected months later. Pan American would be backup for London from Pittsburgh. Piedmont and American would back up Charlotte and Raleigh routes respectively if Delta or Piedmont do not proceed.
MENTIONED IN THIS ARTICLE
Cincinnati
Department of Transportation
Delta Air Lines
London
Department
Transportation
Elizabeth Dole
Pan American Airways
Pittsburgh
Pan Am
Delta
Piedmont Airlines
American Airlines
Raleigh-Durham
N.C
Piedmont
Charlotte
USX expects 87' benefits from restructuring and steel talks
USX Corp reports a fourth quarter loss of 1.42 billion and an annual deficit of 1.83 billion due to writedowns from plant closures. The company forecasts a pretax income boost of about 600 million annually from restructuring and a new steel labor agreement, with leverage from a pending United Steelworkers contract vote by February 1.
MENTIONED IN THIS ARTICLE
Pittsburgh, Pa
USX Corp
United Steelworkers Union
USX
David Roderick
Michelle Applebaum
Salomon Brothers Inc
Applebaum
Roderick
Steel
USS Chemicals
USS Agri-Chemicals
U.S. Steel Supply
Also Mentioned on This Page
Bank One of Cleveland
Ralph W. Abeut
Bank
Savings and Loan
Nicer
Wey SunMn Vystort
Gm Usx
Ward St
Hinath
Uswal St Og
Pierre I de Co
Texas Hiities
Woolworth
York International
Feds
Dole
Deltas
Andrew Gray
Donaldson, Lufkin
Jenrette Securities Corp
U.S. Steel Corp
Gray
SLORT
Preferred Funding Corp
Chagrin Blvd
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