Bell inaugurates picture phone service nationwide debut
Bell System advances its costly two way color Picturephone as a business tool to cut travel and streamline meetings. The service began with a Washington to New York call and will reach 40 plus cities by next year with pricing including installation at $117 500 and monthly rentals over $10 000. Public room use for a one hour New York to Washington meeting runs about $1 340, with higher rates for multi city connections and lower rates for private rooms. Executives claim the system will reduce travel and costs while preserving personal contact, though residential access is not expected for several years. The rollout includes additional cities this year and broader expansion in 1983 to other major metro areas across the United States.
MENTIONED IN THIS ARTICLE
Washington
UPS
Bell System
New York- Washington
New York
Los Angeles
Robert Casale
American Telephone & Telegraph Co
Market Rises on Hopes for Lower Rates in NY
New York stocks advanced with the Dow up 3.91 to 808.89 in early trading as hopes for Fed easing spurred a rally. Gainers outpaced losers on the NYSE while credit markets fell sharply on rate-cut conjecture. Patrick Petroleum led active list, up 63 percent amid a large 102,100-share block at 6 percent.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Fed
Patrick Petroleum
Metal Prices and Precious Metals Quotes From New York
AP reports spot ferrous metal prices with copper at 68-70 cents a pound lead 25-28 cents zinc 37-40 cents tin 56 1394 copper and aluminum quoted. Gold 313.50 per troy ounce silver 5930 per troy ounce mercury 370 per flask platinum 254 per troy ounce.
MENTIONED IN THIS ARTICLE
Aenew York
N.Y
Handy & Harman
Egg and butter prices in Ohio and Midwest markets
AP report from Columbus and Chicago notes retail egg sales in major Ohio cities with cartons delivered. Large eggs 76 to 85 cents, most 76 to 78, medium 65 to 74, most 65 to 67. Farm poultry prices show light hens at 100 fow. Midwest price report indicates wholesale Class 1 large 492, Class 2 large 45, with local grain bids closing at Wheat 3.07, Shelled corn 2.41, Oats 1.55 per bushel.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Hicago
Midwest
Lorain County Farm Bureau Corporative Association, Inc
Suybrans
Principe
Hia
Northeast Ohio
Northwest Ohin
Central Ohie
Trent
Kidron Livestock Auction Totals 1,896 Head Sold
At Kidron Livestock Auction 470 consigners offered 1,896 head including 436 hogs 180 to 260 pounds at 54 to 60.50 dollars and 225 calves with buyers paying 68 to 105 dollars for choice. Cattle included steers 46 to 64.75, heifers 39.50 to 52.25, fat cows 39.50 to 42.50, and 122 sheep with lambs at 54 to 57. Hay and feed items also sold with mixed lots and varying prices.
MENTIONED IN THIS ARTICLE
Fender Cattle
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Bell
John
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Chicago
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Dallas
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Alliacp
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Abia
Aleos
Xerox Cp
Am Airlines
Natl Steel
Zenithr
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Acyat
Pan Am Air
Amt&t
Penney JC BT
Armco
Pepsi
Mathematical Bendix
Olarbid
BethSil
Boeing
Rochester
Chrysler Cp Ryalsm
Reckwil
N.Y. (Ap
Sears
Mathe- Dupat
Eskodak
Tenaco
Herbert Gins- Baton
Texaco
Burg
Evansp
Timkena
ExxonCp
Firstone
UAL Inc
Ford Motor
GenDyn
STI Valleyt Inc
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Great A&p
Westhe
GulfOl
Ini Harvest
Int&t
Kellogg
MobilCorp
Enterra Corp
Idaho Power
Chil- Gordon Jewel
Hilton Hotels
Kemr US Goy Ag
Mi Inc
Owens-Ilinois
Parker Hannifin Pituway Co
Ory
MotorPolis
Kidron Livestock
Kidron
Emerson Quiet Kool
Stewart
Pardners
Lorain County
BANK
Elyria Savings & Trust National Bank
FDIC
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