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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 30, 1987

Page

11

Leading indicators rise 0.8 percent in June signs economy expanding

The Commerce Department reports the Index of Leading Indicators up 0.8 percent in June the fifth straight rise. Growth trends point to moderate expansion with no recession in sight as the GNP growth for the first half exceeds forecasts.

Washington Commerce Department GNP David Wyss Data Resources Inc Lexington Mass Wyss

Dow hits new high as blue chips lift markets

The Dow Jones Industrial Average rose 19.77 to 2539.54, its latest in a string of new highs aided by strong quarterly reports from Ford and USX Corp. Oil futures settled at 21.44 a barrel as Gulf tensions loom, with traders wary of supply disruptions. Bond prices rose as debt ceiling talks advanced.

Wall Street Dow New York Mercantile Exchange West Texas Ford Motor Co USX Corp Congress Treasury Department Treasury

Egg Price Cartons Aboard Ohio Retail Routes

In Columbus, AP reports egg shipments to retailers in major Ohio cities with carton sizes and price ranges. Extra large 54-87 cents, large 53-56, medium 4-43, small 28-31.

Columbus Ohio

Metal prices close at New York on Comex market

Closing prices show Gold at 457.40 per troy ounce and Silver at 8.014 per ounce. Platinum trades around 605.90, while Alu 75.50 cents, Copper 73.70 cents, Lead 42 cents, Zinc 47 48 cents, Mercury 275 295 per 76 pound flask.

York NTI Baxter Shin Mn -Dreyfus duPont Gould Sy Grace MeGri le MerLyn Uy Mobil Monson SIM Ont Morgn Ys Motorla WatDust Nwim S APH ET PacTel Si PepsiCo Pfizer Hs PhilPet Lee Fy New York

FSLIC bailout gets Senate and House backing in compromise

Negotiators approve a 10.85 billion rescue plan for the FSLIC to avert a veto, raising the package from 8.5 billion and allowing acquisition of insolvent thrifts. The measure moves to the White House with Reagan expected to sign after summer recess.

Washington House Senate Federal Savings and Loan Insurance Corp William Proxmire D-Wis Fernand J. $ Germain D-R Treasury James Baker Reagan FSLIC House Rules Committee White House Congress

Audi 5000 acceleration reports persist despite recall

The New York Public Interest Research Group says 125 sudden acceleration incidents occurred this year in Audi 5000s despite a January recall. Audi disputes the figures, while lawmakers urge review for possible recall. The group cites 1 646 cases since 1978 with 402 injuries and five deaths.

Washington New York Public Interest Research Group Daniel Moynihan D-N.y House Transportation Elizabeth Dole Audi OF America Inc Fred Zosel Troy Mich New York Group Zosel Audi

USX Reports 149 Million Profit Driven by Steel and Oil

USX Corp posted a 149 million profit in the second quarter, up from 14 million a year earlier, aided by higher crude oil prices and improvements in steel. Chairman David Roderick said restructurings and steady gains in steel and energy will yield further gains, noting a weaker dollar boosts competitiveness. Lorain Works public affairs manager John Shortridge cited ongoing steel operation improvements and employment rising from 1400 to about 2200 after a six month strike.

Lorain USX Corp David Roderick John Shortridge Lorain Works Roderick Pittsburgh

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