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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 29, 1980
Page
5
Butter eggs data suggested the index measuring future economic path would jump in June following substantial declines in the prior three months. The advance estimate indicates a rebound, with expectations of improved momentum amid lingering softness in sectors.
Columbus report notes the average cash grain prices per bushel paid to farmers by Ohio elevators in principal marketing areas. Prices cover the period after markets closed Monday until opening today, reflecting market shifts and regional variations.
The UPI report notes modest gains in currencies worldwide with the dollar rising to 830.50 in lira terms and gains in multiple European currencies. Gold advanced with Zurich opening at 646.50, London at 649, while the pound fell from 2.3865 to 2.3720 as markets reacted to price shifts. Local grain prices in Northeast and Central Ohio show modest increases in corn, wheat, soybeans, and oats amid the day’s market activity.
Masata ka Okuma of Nissan told the Automotive News World Congress that a massive $80 billion U.S. investment could spawn 1 million units of a single model annually, strengthening U.S. makers and threatening Japanese firms. He urged free trade and noted Japan plans two more plant sites for Datsun pickups while resisting U.S. assembly plants due to labor and competition concerns.
Sohio says no immediate price hike despite higher than expected government entitlements costs. DOE assessment totals 23.89 million against Sohio for May operations, with prior allocations causing swings from 34.6 to 70.69 million. Sohio cites competitive market conditions and possible future cost pass-through subject to market factors.
Former soap actor George Carey tours Columbus lecturing on real estate investing as a path to financial independence. Free talks lead to a paid weekend seminar, with fees starting at 445 dollars for the first family member. Carey, ex General Hospital actor, emphasizes practical, money-down buying and profits beyond theory.
In New York spot metal prices quotes show copper at around 1 per pound, lead near 40, zinc 35, tin around 4, gold about 3 per troy ounce, silver at 16260 per ounce, mercury 406 per ounce, and plats at 5. The report lists several bid and ask figures from traders Aerts and Barman and notes a mixed delivery market.
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