Eastern rejects deal indictment expected
Eastern Airlines faces possible federal indictments after refusing to admit conspiracy in plea talks. Bankruptcy trustee Martin Shugrue said the airline would plead to fraudulent maintenance and record-keeping but not conspiracy, with a grand jury to indict Eastern and several top officials tied to 1988 airport maintenance probes.
MENTIONED IN THIS ARTICLE
NEW York
Eastern Airlines
Martin Shugrue
Eastern
Shugrue
White leads Cleveland to back municipal power push
Mayor Michael White abandons privatized energy in a unanimous Council vote to appeal a court ruling ordering CEI to repay 43 million to the general fund. The move pledges rapid expansion of Cleveland Public Power with a new 10 percent Muny Light surcharge to cover the debt if the appeal fails.
MENTIONED IN THIS ARTICLE
Cleveland
Michael White
Cleveland Electriclluminating Co
CEI
Muny
East Side
West Side
Oratory
Muny Light
Council
General Fund
Common Pleas
James D. Sweeney
Sweeney
White
West Siders
Stock Quotations at 11 A.M. From Pierre R. Smith Co
The 11 a.m. stock quotations are provided by Pierre R. Smith Co offering market quotes for listed securities.
MENTIONED IN THIS ARTICLE
Pierre R. Smith Co
Metal Prices on Comex and Spot Markets
New York AP reports yesterday's closing on Comex with gold at 969.10 per troy ounce and silver at 4.882 per ounce. Platinum at 481.10 and palladium at 119.10 per ounce. Spot nonferrous metals show aluminum at 6912 cents per pound, copper 120.75, lead 50-52 cents, zinc 87 cents, tin 3.6934, and mercury 280 to 290 dollars per 76 pound flask.
MENTIONED IN THIS ARTICLE
New York
Comex
Grain market closes with steady Laflorin price quotes
Lorain County Farm Bureau Cooperative Association notes yesterday’s market finish with Wheat at 2 723 per bushel Shelled corn at 2 76 Soybeans at 563 per bushel and Oats at 125 per bushel.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association
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Ohiobdison
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Lorain Community Hospital
Lorain
Luce
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IBM
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Elyria
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George Forbes
Forbes
BP America
Mike White
Fred McGunagle
Nyse Ilstad
Maxsalp
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Va SakrHu Ab
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Texaco
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PhilPat
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Saasia
Unitas
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Siva Hudson
Ou Warnk
Hamesh
Acme Cleve Am
Allied Corporation
CPC Inter. Inc
Emerson
First Bancorp
Goodrich
Invacare Hills Dept
LCB Bancorp
Lesco Inc. Lnb Bancorp
Nordson
Northern Savings
Ohio
P.N.C. Corp
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Smucker
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Texas Uirlithes
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