May auto sales rise as imports slump again
U.S. auto sales climbed 11.4 percent in May to 584,074, aided by rebates and incentives, while foreign producers posted a 9.5 percent drop to 189,000 and foreign share slipped to 24.4 percent. GM led with 384,015 May sales, Ford rose modestly, and Chrysler up 5 percent, while AMC and VW continued year‑long declines.
MENTIONED IN THIS ARTICLE
U.S
Detroit
UPI
Ford
Robert Lund
Ford Motor Co
Chrysler Corp
Chrysler
American Motors Corp
Volkswagen of America
AMC
Indefinite layoff declines at U.S. automakers in week ahead
Detroit reports total indefinite furloughs at 231,573 across GM Ford and Chrysler, with GM idling Leeds Missouri plant for three weeks and Framingham Massachusetts, and Ford and Chrysler announcing thousands more temporary layoffs. VW and AMC not issuing temporary cuts. Lorain County Bank opens a new 2,500 square foot branch at Midway Mall this fall after groundbreaking.
MENTIONED IN THIS ARTICLE
Detroit
API
General Motors Corp
Ford Motor Co
Chrysler Corp
Leeds
Framingham
Mass
Louisville
Ford
Lorain
Kentucky
Belvidere
Jefferson Avenue
Newark, del
Volkswagen
American
American Motors Corp
AMC
Lorain County Bank
Midway Mall
Vermilion
North Ridgeville
Grafton
Robert Bowman
Opening stocks fall as traders await rate signals
The market gave ground in New York as investors waited clues on future rates. The Dow dropped 1.24 to 815.26 in the first half hour as losers edged gainers on NYSE issues. Banks cut prime rates to 16 percent but others lagged while money rates moved opposite. The Fed report on money and credit was not seen as dramatic. Early prices included Gleason Works at 87, Trans World at 20, Cigna at 38, and Digital Equipment at 72.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Gleason Works
Trans World
Cigna
Digital Equipment
Kidron Auction outputs lighter consignments and record prices
Kidron Auction saw lighter consignments while market hogs remained strong with top bids around 6060 dollars. Feeder pigs bred sows and cattle sold briskly, calves and beef cattle steady, and the June 59th anniversary will offer rebates on top consignments. Total head 1945 with 460 consigners.
MENTIONED IN THIS ARTICLE
Kidron
Lt. Kidron Auction
Retail sales rise in May as shoppers stay cautious
New York reports May retail sales up from April helped by good weather. Analysts say gains are modest and a full recovery unlikely before August as consumers remain cautious. Promotions may move spending, with back to school shopping as a potential pick up.
MENTIONED IN THIS ARTICLE
New York
UPI
Taylor
Grain price averages by region in Ohio markets
The Columbus report shows cash grain prices paid to farmers by elevators in Northeast Northwest and Central Ohio after Thursday. No. 2 wheat ranges from 3.16 to 3.17 per bushel, No. 2 shelled corn around 2.50 to 2.58, No. 2 oats about 2.13, and No. 1 soybeans near 6.03 to 6.00 with mixed trend data.
MENTIONED IN THIS ARTICLE
Columbus
UPD
Hie
Northeast Ohio
Northwest Ohio
Ohio
Also Mentioned on This Page
Automotive News
Lorain Co. Bank
Nabisco
Alcoa
NatOist
Am Airlines
AmCan
Pwr
Hershf
Owenill
Am Motors
Pan Am Air
Armco
Amt&t
Inco
Penney JC
Bendix
BethSt
PhilaElee 2
Tntlt&t
PhilPet
CocaCol
Colgate
Ms Lukens
Col Gas
Ome - Ye Mattel
Rynism
Rockwil
MobilCorp
M Sears
ASS - Ye Monsanto
Smuckr
Stocai
Stdoind
Stonoh
Tennco
Texaco
TRW
UAL Ince
US Steel
Upjohn
Rw Westhe
Wstvac
Wheeling St
Xerox Co
Jerre R Smith Co
Ndix
Scuminum
Jenz A & Harman
Oy Daly
Kidron Livestock
David C. Taylor
Bache Halsey
Stuart Shields
Jeffrey Fenner
Merrill Lynch
Pierce Fenner & Smith
Stewart's
Cleveland St
Elyria Bigrig
Terme
Merreau
Haig
Lorain County
Weil M. Arekombens
City of Avon
Robert E. Alten
City of
Avon Lake
Micheel B. Ken
Elyria
Joerat Maen Parker
Army of North
St. Vincent de Paul
Ak Coffee & Domuts
Ringle
Bouble
Lefter
Westant Bongo
Trey
St. Vincent de Paul’s
Erie
Geville
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