Stocks Rise as Gold Prices Fall in Early Trading
The New York market edged higher as the dollar strengthened and gold declined. The Dow Jones average of 30 industrials gained 2.39 points to 841.13 in the first half hour, with gainers leading decliners on the NYSE 3 to 2.
MENTIONED IN THIS ARTICLE
New York
Dan Jones
London
Paul Volcker
Carter
Federal Reserve Board
Cart
Chase Volcker
NEW Yorke
UPI
Bony Stock
Carneliae
Lars Valley
Tau
Panacusa
Liege Laviisiani
Binedel
Mrdoan Doup
Lara
Rewlinny
Westen Gerke
Saine Ahle
Sane Damvser
Mutuals Sl
Herdian
Ilan Bilary Menor Ag
Sohio raises gas prices in Ohio across grades
The Standard Oil Co of Ohio boosts all gasoline prices citing higher crude costs. New self serve prices are 82.9 cents regular, 86.9 cents unleaded, and 87.9 cents premium, with full service about two cents higher. Wholesale dealer prices rise by three cents per gallon.
MENTIONED IN THIS ARTICLE
Cleveland
UPL
Standard Oil Co. of
Ohio
Sohio
Suhie
Sohie
Templeton Growth Fund shines in 1970s gains
A reader asks about mutual funds and Templeton Growth Fund. The fund delivered 411 percent net asset value growth from 1969 to 1979, far above the S&P 500, with a 34 percent foreign stock mix and a manager known for bargain pricing. An initial $500 purchase with $25 ongoing investments enables diversification and growth potential.
MENTIONED IN THIS ARTICLE
Templeton
F.F
Florida
Standard & Poor
John Templeton
Securities Fund Inv
Beach Dr
St. Petersburg
C.W
Georgia
Treasury
GMAC
International Telephone & Telegraph
Area business news in brief from Cleveland area
Area business news notes moderate slowdown per a July PMI survey with 26 percent reporting lower output, 23 percent down on new orders and price increases, 21 percent inventories up or down, and optimism about avoiding a recession. Iron ore, coal and grain shipments in June hit 21 million net tons, the best since 1977, with 58.4 million net tons to July 1. West Side Realty sent three delegates to a RELO Inter-City conference in Washington. United Steelworkers announce staged wage boosts for steel and container workers, increasing minimum pay to 8.035 per hour. Greater Cleveland Expo set for Aug 10-12 at Beachwood Marriott. Ohio Newspaper Classified Clinic slated Sept 14-16 in Columbus featuring discussion sessions.
MENTIONED IN THIS ARTICLE
Purchasing Management Association of Cleveland, Inc
Great Lakes
Lake Carriers Association
West Side Realty Co
Lakewood
RELO
Washington
Richard Gilman
Avon Lake
Dewey Cochrumm
Ruth Knestrich
Bay Village
North Olmsted
Rocky River
Strongsville
Westlake
United Steelworkers of America
Pittsburgh
Realtors set 1979 PAC fund drive in Lorain County
James Knechtges of Continental Realty Investments is named chairman of the 1979 Realtors Political Action Committee fund drive by James Rieth president of the Lorain County Board of Realtors. Kay Lysaght and Mollie Schmittgen are area coordinators for Lorain and Erie Counties and HG&M Realtors assists. The county board targets 10 000 while the Cleveland board aims for 60 000.
MENTIONED IN THIS ARTICLE
James Knechtges
Continental Realty Investments, Inc
Clarksville zinc refinery boosts U.S. output
The Clarksville Tennessee plant of G&W Natural Resources Group operates the Ortec x ray analyzer to rapidly identify elements and quantities in samples. The facility is the first new capacity zinc refinery built in the United States since 1941, producing about 90,000 tons annually and adding 12 percent to national zinc output.
MENTIONED IN THIS ARTICLE
Clarksville, Tenn
G&w Natural Resources Group
Ortec
U.S
Van pooling at 3M cuts traffic and fuel use
3M transportation engineer Bob Owens spearheads a van pooling program that began six years ago and now serves about 10 percent of 3M Center’s 10,000 Twin Cities employees. The system, funded by the company, charges riders 29 dollars monthly, offers door to door service, and has expanded to about 100 vans with plans to add 20 more. The program has attracted visitors from 16M, Ford, Kraft, and McDonald’s as interest in van pooling grows amid gas shortages.
MENTIONED IN THIS ARTICLE
Paul
Minn
Bob Owens
3M Co
Twin Cities
Owens
16M
Ford Motor
Kraft Foods
McDonald's
Real estate survey hints at family housing trends
A mortgage insurer survey finds many couples start renting mostly in apartments before buying their first home as children arrive. The report notes 68 percent of homeowners with at least one child and profiles Demby, past president of the Ilyria Board of Rectors and 18-year Realtor, inviting contact at Demby Real Estate, 405 Middle Ave, Elyne, phone 329-4641.
MENTIONED IN THIS ARTICLE
Aurway
Demby
Ilyria
Demby Rfa
Middle Axe
Elync
Grain prices across Ohio markets close sharply lower on grains
Lorain County Farm Bureau reports yesterday's close for wheat at 3.92, shelled corn 2.69, oats 1.96, soybeans 7.05. Northeast 3.87 2.66 1.41 7.10. Northwest 3.92 2.68 1.41 7.16. Central 3.92 2.73 1.43 7.18. Trend shows no. 2 wheat and no. 2 shelled corn sharply lower, oats unchanged, no. 1 soybeans sharply lower.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Ohio
Northwest
Central
Also Mentioned on This Page
Rajor
Mit
Aiakily
BY Petraes Eg
Broad St
Elyria
National Autociation of
Clave
Lorain
Sargent
Charter New York
Continental Group
Household Finance
Union Carbide
Utah Power & Light
David R. Sargent
LOS Angeles Time Syndicate
Area Business News
WS Realty
Greater
Marriott Inn
Beachwood
Shulman Promotions of
Cincinnati
C-T
Miller
George Miller
Chronicle-Telegram
Columbus
Financial Responsibility
Toroin
Clare
Oberlin
J.C. Insurance Bal Bonding Agency
Middle Ave
Elyria, Ohio
Zinc Thinker
Prudential Insurance Co
Newark
Tennessee Valley Authority
American Telephone and Telegraph
Coors Brewery
Golden
Cole
Smith- Kline Corp
Philadelphia
Europe
Far East
Tokyo
Australia
By Richard Demby
Martage
Athough
East Broad St
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