Future uncertain for FTC funeral home price proposal
Washington AP reports the FTC faces a limbo path for a rule requiring itemized funeral price lists and phone cost disclosures. Two FTC officials urged dropping or delaying action, while staff push for adoption citing legally sufficient evidence. Congress could veto. Proponents say the rule curbs aggressive pricing.
MENTIONED IN THIS ARTICLE
onicle-Telegram
Elyrio, C
FTC
Washington
Federal Trade Commission
Congress
Treasury bill yields slip as prime rate falls further
Treasury bills slipped for the fourth straight week with three month bills at 10.559 percent and six month bills at 11.378 percent. Three major banks cut the prime lending rate to 15 percent, the lowest in about 18 months, as the market sees stronger downward pressure on rates.
MENTIONED IN THIS ARTICLE
Washington
UPI
Treasury
Manufacturers Hanover Trust Co
New York
U.S
Ncludes
Ohio
Public Utilities Commission
Commission
Columbia Gas of Ohio, Inc
North Front Street
Columbus
Opening stocks mixed as market opens in New York
The market opened mixed amid rate and economy concerns. The Dow rose 0.28 to 825.72 while volume showed more decliners than advancers on the NYSE. Treasuries will reveal August borrowing plans as deficit forecasts loom at $130 billion for the new fiscal year.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Treasury
Alice Rivlin
Congressional Budget Office
Senate Budget Committee
Eggs and metals price reports across major cities
Columbus retailers report egg sales with varied carton prices and regional farm prices. Chicago wholesale prices trend down for Class 1 large to mediums. New York nonferrous metals quote copper to platinum with multiple moves. Hog, cattle, and dairy figures follow, showing mixed prices across categories and regions.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Cincinnnatty
Cleveland
Chicago
Midwest
New York
U.S
Handy & Harman
GM profits rise as AMC reports loss in Q2
General Motors Corp posts a 560 million second quarter profit, up from 515 million last year, with 1.82 dollars per share and a 60 cent dividend. Sales drop 11 percent though cost controls and productivity lift earnings. American Motors Corp. reports a 68.7 million loss blamed on plant shutdowns and new model costs tied to Renault Alliance preparation.
MENTIONED IN THIS ARTICLE
Ally Power
GTE
Owens CF
Allid Cp
Gulf Oil
Owens Tl
Allis Chalm
Hanna Min
Pan Am Air Bay
Alena
Penney JC
Hi Amax
Pena L
Am Airlines
Me Inco Ltd
PepsiCo
Phila Elec
IBM Cp
Phil Pet
Elee Pwr
Polaroid
Am Motors
T&t
Kellogg
Proc & Gam
Armco
Va Kroger
RCA
Bell Howl
Repab Steel Ja
Bendix
Wy Martel
Reynolds
Beth Steel
McNeil
Rynolds Mt
Boein
MGM Gr
Consul
Grains
UAL Inc
Union
Det Edison
Uniroyl Inc
Aus Bureau
US Steel
Dupont
Cooperative Isociation, Inc. John
Eastern Air
Western Union
Eastman Kodak Ja
Eaton
Westh
Ys Evans
Exxon Cp
Firestone
Ford Motor
Woolworth
Ty Columbus
UPI
ST - Ma
Gen Motors
Goodrich
Pierre Smith Co
Goodyear
Acme Cleve
AmerMachFndry
Greyhound
Ohio
Northwest
Cleveland
Elec
CPC Inter. Inc
Merson É
Central
IC. Industries
Lear Siegler
Mid-Continent
Midland-Ross
Midland-Ross 14% Lower, Ea 2 Oats, Unchanged. National Gypsum
Ohio Edison
Parker Hannifin
Searle (G",)co
Smucker Ag" Southert Ca
Sybron
Oxas Utilities
Toledo Edison
Union Pacific Corp
Detroit
General Motors Corp
American Motors Corp
AMC
Paul Tippett
Automotive
Jeep
Also Mentioned on This Page
Timothy J. Muris
Consumer Protection Bureau
Muris
Price
Robert Tollison
Bureau of Economics
Business News
Amy Richards
UNINC
Lorain County
Colummbus
Public Utilities Commission of Ohio
Unine
PUCO
AmGon Cysee
Lid Realist Inc
Chum
Lae
Fannd Fan
Creston Livestock
Creston
Consi
Sagma Invest
Arizona
Searpeeling
Sharpe
India
Amer
Porita
Ervel
Ranhaes
Radio Shack
AML
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