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The Chronicle Telegram in Elyria, Ohio

09 Jun 1986

Page 7

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The Chronicle Telegram June 9, 1986 Page 7 old newspaper archives

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jun 09, 1986

Page

7

Opening Stocks Decline After Broad Market Slide

The Dow Jones Industrial Average fell 15.74 to 1,870.16 in early trading as the market broadly declined from last week’s highs. The NYSE composite dropped 0.95 to 140.03 and the American Stock Exchange index was down 58 to 279.98, with losers outnumbering gainers about 2 to 1. Saga Corp rose 2 to 39 amid Marriott’s competing bid dynamics.

MENTIONED IN THIS ARTICLE

New York Dow Jones New York Stock Exchange Eastman Kodak American Telephone & Telegraph Saga Corp Marriott Corp Saga NYSE American Stock Exchange Ty Motul Pswlal Ty BellAus Boeing Rockwl Bristo Wits Hoyld CIGNA Tae Censow Ly Chase Schimb Sears SonyCo SouthCo Sperry Cocall Citiero SunCo Qibay Talidta Tenneo Bohs Cmwe Texaco Contel Ae Deere Ty Call Unklec Btss Ussteel duPont Wkodk UnTech Exxon Unocal Ma Upjohn Feders Wolf Ny Viaems Sig Xerox Ne GenEl Gallet Alls Ally Ally Pierrer Smith CPC Inter Ine Data Human Emerson Azoe Rancorp Impli Ita Goodrich IntPapr Industries Johatin Bik Kmart Lear Siegler LCB Bancorp LNB Bancorp Zale Lally Lilly S Midland-Ross Lookhi Nordson Loews Parker Hannifin Lowes Smucker MACOM Ig Laity Wydew McA Texas Utilities Hey Marton UN Woolworth Ats Matsukate RBI York International Vita Ss
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Disposable phones cut hospital costs across the United States

Hospitals adopt one piece throwaway telephones to reduce inventory theft and repair expenses. Mini-Phone Inc of Midland Interline of Dallas and American Cointer Corp of Boca Raton market disposable phones at about 7 to 8 dollars each, meeting FCC rules and hearing aid compatibility.

MENTIONED IN THIS ARTICLE

Midland, Texas Mini-Phone Inc Midland Interline Dallas American Cointer Corp Boca Raton Fla Mini-Phone Larry LeNeve American Cointel Federal Communications Commission McGlogan American Telephone & Telegraph Co Jane Young At&t Houston Chuck Harris U.S. West Information Systems
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Fear Drives Peso Plunge in Mexico's Market Panic

The peso tumbled about 30 percent last week amid fear and rumors as exchange houses faced panic. The free market hit 715 to the dollar, with a subsided controlled market at 556, while Saturday saw the peso touch 810 on the black market. The central bank raised rates to 84 percent and oil revenue for 1986 is expected to drop to about half of 1985’s $13 billion.

MENTIONED IN THIS ARTICLE

Mexico City Mexico U.S U.S. Bank Committee
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Nordson Reports 780000 Net Income Gain for Q2

Nordson Corp. posts a 780000 increase in second quarter net income. Q2 earnings rise from about 2.55 million in 1985 to just over 3.77 million, with sales up from 41.76 million to 36 million. First-half income grows to 5.8 million on sales of 78 million as international markets expand. President William P. Madar cites dollar value recovery and steady growth abroad. About half of Nordson’s sales come from overseas.

MENTIONED IN THIS ARTICLE

Amherst -- Nordson Corp U.S Nordson William P. Madar
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Also Mentioned on This Page

Marriott Amana The Home Appiance Mmen Stewart Cleveland Flamefes Steve Logan Telecomunications Jefferson Regional Medical Pine Bluff Ark Logan Our Lady of the Lake Regional Medical Center Baton Rouge Judy McGlogan Knight-Ridder Newspapers Nordson Corp Wedate
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