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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 15, 1986

Page

5

Goodyear closes Akron metal rim plant after vote

Goodyear says its decision to shutter the Akron metal rim plant is final. After Local 2 members rejected concessions, including a 25 percent pay cut, the company will close the plant in 12 to 18 months and seek new locations outside Akron. The move affects about 434 hourly workers plus salaried staff.

Akron Goodyear Tire & Rubber Co United Rubber Workers Goodyear John Perduyn Bill Breslin Local 2 Perduyn Breslin

Creston Livestock Auction Totals Mixed Household Sale

In Creston consignors sold about a third of livestock Monday at Cramton Auction. Buyers purchased 216 calves with top prices around 867.50, plus goats, sheep, hogs and cattle across categories. Bulls, feeders, and cutters ranged from 30 to 959.50 in assorted lots.

Creston Cramton

Ohio egg prices fall to retailers in major cities

Columbus AP reports egg sales to retailers in Ohio cities with cartons delivered. Extra large 67 to 70 cents, large 60 to 69, medium 44 to 48, small 30 to 33 cents. Light-type hens are too few to report.

Columbus Ohio

Metal prices and farm bids close for yesterday

New York AP reports closing Comex prices for metals led by Gold at 40 per troy ounce and Silver at 45.0210 per troy ounce. Aluminum 50.50 cents, Copper 66-06 cents, Lead 22-24 cents, Zinc 41-44 cents, Tin 3.4680, Mercury 3260-280 per 76 lb, Platinum 437-430 per troy ounce. Lorain County Farm Bureau Cooperative Association bids at market close list Wheat 2.20 per bushel Shelled Corn 1.81 Oats 4.78 Soybeans 5.10 per bushel.

New York Boeing Aly Burrgh Enron Gmot Sr GaPac Gibron Grace Ih Kmart Marton Jariot ATS Merck Merl, N BO Agi Mids Ij MMM Mobil Morgan Motorla ICR Nlind Nmede NtSemi Owen Pepsic Pfizer PhilaEl Ya PhilMr PhilPet Het Plains N Ma Salewy Salema Lorain County Farm Bureau Cooperative Association, Inc

IBM Profit Drop Drives Market Down In Q2

IBM said its second quarter profit fell 7.7 percent to $2.12 a share, under analysts’ $2.44 forecast, and warned that without North American capital spending gains earnings growth in 1986 may be hard to achieve. The stock fell $3.25 to $139.67, aiding a broader market decline as investors worried about the U.S. economy. Revenue rose 7.3 percent, as IBM sold more products but earned less.

New York International Business Machines Corp IBM John Akers North American North America Ibm’s U.S

USW demands strike authorization in USX talks

United Steelworkers leaders seek authorization to strike at USX Corp to press for a new contract as talks in Pittsburgh edge toward the July 31 deadline. A strike seminar is set for July 21, with local presidents to return to Pittsburgh with member decisions.

Pittsburgh United Steelworkers USX Corp Gary Hubbard USX Hubbard David High U.S. Steel Corp Wheeling-Pittsburgh Steel Corp

USX files debt overhaul plan and new securities

USX Corp. formerly U S Steel filed with the SEC for up to 1.5 billion dollars in debt securities and warrants to purchase outstanding debt securities. A prospectus supplement proposes 250 million dollars of debt units. It aims to refinance about 2.9 billion dollars of 12 5 percent guaranteed notes due March 1 1994 from the Marathon Oil acquisition.

Pittsburgh USX Corp Securities and Exchange Commission U.S. Steel Corp Marathon Oil Co

Also Mentioned on This Page

Illinois Rim Strestin SwBeil Toyau Osk Ucarbal Pierre R. Smith & Co Acme Cleve Allied Corporation Alltel AmerShip Building Chromalloy CPC Inter, Inc Ah Excello Firat Bancorp 1C, Industries Invacare Lear Siegler Eis Me ‘Lesco Inc Phy Nordson Midland-Ross Ohio Edison Parker Hannifin Smucker Texas Utilities Woolworth F.W Ase York International Creston Livestock Mutuals Amer-Wash Mutual Dreyfus Fidelity-Puritan NL Hancock Masa Fin MIT NL Templin Templin World Vanguard-Wellgin NL County Grain Canon Fisher Hitachi Magnavox Mitsubishi Sanyo Sylvania Toshiba Sinte Stewart’s Cleveland St Elyria Oye Video Club Lula Sda Te Lae Ar. Wec USW USA Horton Hearing Aid Service E.S.T Court St Elyria Sules Pemgine Royal Business Royal Tyrie Lecain Irkey Broadview Beni Broadview Savings Sore, Fslic Rockside Woods Blvd Cleveland Phang Adurowy
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