Market Opens Lower In Active NYSE Trading
New York stocks opened lower with the Dow down to 845.81 after a 1.54 point drop from yesterday. Declines led advances 321 to 229 among 857 issues. early NYSE turnover around 1.4 million. Lorain County Farm Bureau grain prices show wheat 3.40, corn 2.46, oats 1.80, soybeans 5.70 per bushel.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
NYSE
Lorain County Farm Bureau Cooperative Association, Inc
Creston Livestock Report From Creston Auction
Creston auction saw 346 consignors offering 1 242 head. Goats brought 20 to 29 dollars. Calves ranged from 50 to over 119 with goods and mediums noted. Sheep sold 55 to 86 2 dollars per head, hogs and pigs traded across multiple weight classes, cattle across grades and weights with steers to 66 and bulls to 57.
Medina exchange outage hits three hours and a half
A computer malfunction disrupted General Telephone Company service in Medina for nearly three and a half hours. Service office manager Ronald Phillips could not identify the exact cause but suggested overnight thunderstorms in Medina may have contributed to the blackout affecting all Medina exchanges.
MENTIONED IN THIS ARTICLE
Medina
General Telephone Company
Ronald Phillips
General Telehone
Dollar climbs as markets digest Iran hostage rumors
On Monday the dollar rose across global markets while gold held steady after unfounded rumors of attacks on American hostages in Iran sparked a market frenzy. Gold opened at 558.50 in London and 560.50 in Zurich, closing at 560 in Hong Kong, with mixed regional price moves in Europe and Asia.
MENTIONED IN THIS ARTICLE
London
UPI
Iran
Zurich
Hong Kong
Amsterdam
Milan
Tokyo
Barclay's Bank International
Recession Deepens as New Orders Plunge in April
UPI reports the April drop in new orders at U.S. factories hit 5.5 percent to 143.8 billion, the largest since 1974, with durable goods down 4.2 percent though aircraft orders rose 53 percent. Construction spending fell 3.6 percent to 221.7 billion, and gold rose to 568 an ounce amid Middle East tensions.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S
Commerce Department
William Cox
United States
Department
New York
Middle East
Europe
Mercedes-Benz
Hampton
Volkswagen
Pennsylvania
Republic Steel lowers 1980 domestic shipment forecast
Republic Steel Corp cuts its 1980 domestic shipment projection to about 85 million tons from 88 million, citing higher foreign imports and a deteriorating steel outlook. Chairman William J. DeLancey says contingencies include stretched capital spending and cost cuts while urging swift government action and investment-stimulating measures.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Republic Steel Corp
Republic
William J. DeLancey
DeLancey
Ohio jobless total up in April
Ohio's unemployment rate rose from 6.6 percent in March to 7.3 percent in April, with 362,800 Ohioans out of work. County variations appeared, as Mahoning and Trumbull districts showed higher rates amid slumping automotive and steel sectors, while Franklin County remained among the lowest at 4.6 percent.
MENTIONED IN THIS ARTICLE
Ohio
Columbus
UPI
Ohio Bureau of Employment Services
William Papier
Bureau
Papier
Mahoning
Trumbull
Mahoning County
Franklin County
Columbus Area
Correction notice on battery ad mislabeling
A June 1 Sunday paper ad misidentified a $39.99 utility battery as Die-Hard. The error is acknowledged and corrected with an apology.
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Pierre
API
Ally
Allred
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Amenean Martine & Foundry
Alcoa
Fae
Ameneans
Searke Ig
Colgate
Sothern Co
ColGas
Sybcon
Toledo
Cog Edison
Artic Corp
Woolworth
Conti
Dayton
Bel Pont
Eaton
Exxon
Firestone
Ford Motor
Gen Motors I
Grace
Ar’ Hanea Mining
Hershey
Ineo Lid
IBM Corp
Kellogg
Kraft
Lab Lal
Lone Star
Indzis Wat Precter
RCA Corp Tae
Bothwell 203 Corp
Sears
Tenpeco Texacor
Mauroyal Inc
Ah US Steel
Weath
Elec
Werriss
Boolworth
Y Xeron
Pered
Belle Recery
MFS
MamFin Hrine - WA
Chere der Soersis PobSve
Hope
BEL Unitrode
Gulf Western Ax
Agden
Bristol Myers
Brooks Perkins
Browning Ferris
Dillard Dept
Fairmont Food
Fotters Co Fairoordgehew
Humana Incia
Elsee Ratte Corp
Mutuals Amer-Wied Myual
Fedelity
Teresa
Jobs Hancock
New Fa — Mit
Vanguaré- Weilingios
Creston Livestock Report
Creston
Ohyoccs
York
USDA
Chicago
Midwest
Paris
Brussels
Columbus, Ohio
Northeast Ohio
Northwest Ohio
Central Ohio
Anustew
Mgley
Carter
UMB Bank of
New York City
Varoin
Cleve
Oberlin
Middle Ave
Sumte
Elyria
Elmer Hume, Inc
Cleveland Avenue
Amherst
Mid-Ohio Securities Corp
National
4Seocunes
Securities Lealer Lorain
Geers
Byna Esa Sputzer Park Plaza Blom
Broad
Fly
National Electrical Contractors Association
Neti
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