Coalition eyes budget cuts as Reagan coalition returns
Washington lawmakers debate a 35 billion dollar cut plan with the administration courting a revived Reagan coalition of Republicans and conservative Democrats to push austerity. Stockman flags some cuts as unacceptable as committees wrap up their recommendations ahead of a June 22 floor action.
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Washington
UPI
Senate
House
Reagan
Congress
David Stockman
Supreme Court to untangle Iran hostage funds case
The Supreme Court agreed to review presidential orders suspending American claims against Iranian assets and authorizing funds transfers. Justices set arguments for June 24. only Justice Rehnquist dissented without explanation. The case gains rarity late in the term since 1974.
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Washington
UPI
Supreme Court
Iran
William Rehnquist
Rich
U.S. Iran asset case faces quick Supreme Court review
Washington and Tehran urge fast Supreme Court action on claims involving Iranian assets in the United States. The dispute centers on Carter era agreements suspended after the hostage crisis, with banks told to move assets by a July deadline despite conflicting lower court rulings. The high court will hear from the United States, Iran, Bank Markazi, and Iran's Atomic Energy Organization.
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High Court
United States
Iran
Ayatollah
Ruhollah Khomeini
Jimmy Carter
Carter
New York
California
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Markazi Iran
Atomic Energy Organization of Iran
Talks Resume In Mine Construction Strike Amid Optimism
Negotiators for United Mine Workers and the Association of Bituminous Contractors resumed talks in Washington after a two day lapse. UMW official Willard Esselstyn said progress is being made and a tentative settlement could come within a week with hard bargaining.
MENTIONED IN THIS ARTICLE
Washington
UPI
United Mine Workers
Association of Bituminous Contractors
UMW
Willard Esselstyn
Esselstyn
West Virginia
Arnold Margolin
Mid Continent adds Kingsville Ohio Phone Co to expand network
Mid Continent Telephone Corp has acquired Kingsville Ohio Telephone Co for cash. The addition covers about 4 000 telephones across two exchanges in Kingsville and Dorset in Ohio. The deal enlarges Mid Continent's Elyria group to over 1 100 000 lines in 13 states and follows its Westford Independent Telephone Co. purchase in Pennsylvania. The report notes the dollar steadied in London trading with minor gains against several currencies.
MENTIONED IN THIS ARTICLE
Mid-Continent Telephone Corp
Kingsville
Ohio
Market quotes report dairy crops and grain prices
AP field notes from Columbus show butter and eggs sales to retailers in major cities with carton deliveries. Poultry farm prices include light type seven cents. Northeast Ohio wheat at 3.44. No. 2 shelled corn 3.16. No. 2 oats 2.19. No. 1 soybeans 6.87.
MENTIONED IN THIS ARTICLE
Columbus
Poul
Ohio
Metal prices in New York steady after daily notices
Spot nonferrous metals show copper at 104.25 per troy ounce with highs near 102.40 and Handy & Harman listed for daily metal values. Mercury trades around 470.00 per unit while flat metal remains at 458.00 per troy.
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New York
Peites Yeleriay
High Harman
Handy & Harman
Lake shipping season shows bulk totals rise in April
Great Lakes cargo totaled 9.4 million net tons in April with 4.4 million gross tons iron ore 2.7 million net tons coal and 1.7 million net tons grain, bringing the season to 11.5 million net tons. Invacare opening a distribution center near O Hare Chicago to boost Midwest deliveries and operates warehouses in Elyria Long Beach Arlington Ft Lauderdale and Atlanta with a global dealer network exceeding 3 000.
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Great Lakes
Invacare Corp
Elyria
O'Hare
Chicago
Long Beach
Calif
Arlington, Texas
Ft. Lauderdale
Fla
Atlanta
Invacare
Color photography award announced for J Peter Baron
J Peter Baron of 10252 E River Road wins an award of merit from Ilford Inc for a color photograph on Cibachrome material from an original slide. Loomis Camera Co of Elyria receives a duplicate prize of 50 sheets of Cibachrome material and a Ciba printing manual.
MENTIONED IN THIS ARTICLE
J. Peter Baron
E. River Road
Ilford, Inc
Ilford
Loomis Camera Co
Elyria
Ford May Sales Rise on Rebates as Auto Market Grows
Ford Motor Co reports May domestic car sales up 10 percent from May 1980, marking the third straight month of gains spurred by the March rebate program. GM holds 60.1 percent market share, Ford 23.3 percent, Chrysler 11.2, AMC 2.6, Volkswagen 2.8.
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Alliot
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Pwr
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McNeil
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Boein
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Chrysler C. Cin Gas
North W
Olin Cp
Cora Col
Lao
Me Colgate
Ty Qoven
Pan Am Air
Cmn
Petm PL
Pepsi Co
Consu P
H Cook
al Dayton
RCA Cp
DuPont
Eastern Air
Eskodak
Eaton
Rockwll
Ah Evans P
Exxon Cor
Ford Mt
Sperry
Teraco
Mia de Grace
Mia de Grace W 2.0 464 +H Timken
Great A&p Su Trans
TRW
Gu i If Oal
Hanna Min
Hersh F
Uniroy Toe IC Indus
US Steel
Inco Ltd
Ma Wonca
Ing Rod
Mt Fe
Bary Me
Millipore Corp
Petre
UN Newcur Inc
Adams Express
Aloma Stee
Connasi Corpa
U. S
Ford Motor Co
General Motors
Ford
Chrysler
American Motors Corp
Volkswagen of America
Lorain County Grain Prices From Yesterday's Market
Lorain County Farm Bureau Cooperative Association reports closing grain prices: wheat 3.39 per bushel, shelled corn 3.15, oats 2.60, soybeans 6.87 per bushel. Local farmers eye trends and potential futures.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
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