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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 01, 1980

Page

4

Market declines continue as Dow slips in early trading

New York stock market fell broadly amid a Monday style correction as the Dow Jones industrial average dips 245 points to 866.47 in the first half hour. Analysts note end of quarter fund buying, higher rates, and a weaker NYSE breadth with major names like AT&T, Texaco and Xerox showing declines.

New York American Telephone & Telegraph Texaco Xerox Dow Jones NYSE American Stock Exchange

Graffiti Tye Tor to Open in Newsy Sound Stage

A quirky piece notes Rock Bottom theater group preparing a graffiti themed show titled Tye Tor in the new sound stage. Local artists, producers, and venue managers are listed as involved, with early plans calling for a summer opening and cross promotion with the city arts council.

Grain prices at Lorain County Farm Bureau market

Local grain prices at yesterday's market closing show Wheat at 3.79 dollars per bushel Shelled corn 2.63 dollars per bushel Oats 1.68 dollars per bushel Soybeans 6.27 dollars per bushel The Lorain County Farm Bureau Cooperative Association Inc reported the figures.

Lorain County Farm Bureau Cooperative Association, Inc

Grains Prices Across Ohio After Markets Close

UPI reports average cash grain prices paid to farmers in Ohio after markets closed Monday show variations across regions. Northeast prices include No 2 wheat at 174 and No 2 corn at 244. Central Ohio lists No 2 wheat at 532 and No 2 soybeans at 379. Eastern and other areas show mixed figures for oats, soybeans, and corn with several entries unclear or unchanged.

Columbus UPI Ohio Northeast Gentral

Layoffs, car prices, and oil boost hit economy

Layoffs reach 3 percent as inflation pushes car sticker prices up about 135 dollars. Gasoline may rise one cent per gallon later this year due to OPEC price hikes. Consumer confidence improves in June, while leading indicators show a still-living recession. GM raises 1980 car prices. OPEC members lift oil prices. Carter launches a 25 billion synthetic fuels program. Los Angeles ends year with a 52.9 million budget surplus.

Organization of Petroleum Exporting Countries Conference Board New York May Commerce Department Labor Department Detroit General Motors Corp Lebanon OPEC Kuwait Venezuela Iraq Libya United States Carter Los Angeles U.S

Edge overrated Finley Forest vs. trees

Chicago Tribune opinion by Harold Finley argues small investors should seek objective value, ignore Wall Street hysteria, and study long term corporate management and strategies rather than chasing quick news or inside tips. It cautions against short term trading and highlights the value of patient analysis for profits.

Harold Finley Chicago Tribune Financial Wall Street LaSalle Street Financial District

Deregulation Victory Backed by Carter in Trucking Bill

President Carter signs a deregulation bill to reduce federal limits on interstate trucking, aiming to save up to 8 billion annually in transport costs. The measure, expected to spur entry and rate flexibility, affects about 17,000 firms and changes rules on routes and joint rates while delaying antitrust waivers until 1984. Senator Kennedy attends the ceremony.

Washington UPI Carter Rose Garden Edward Kennedy D-Mass Congress Ron Lewis Alfred Kahn

Also Mentioned on This Page

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