Reagan defense drive faces skeptical Congress
Washington reports indicate the administration aims to raise defense spending by about 16 percent next year to 1848 billion, arguing national security requires funding even if other program cuts fall short. Budget chief Stockman pledges further reductions across federal programs, while lawmakers warn that larger deficits loom if defense gains proceed without deeper cuts.
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Washington
UPI
Congress
David Stockman
House Banking Committee
Reagan
Stockman
House
Budget Committee
James Jones
Dekla
United Press International
Howse
Kidron Livestock Auction Reports Heavy Bids and Stronger Hog Prices
Strong bidding at the Kidron Livestock Auction Thursday with many classes up in price. Hog prices ranged with 180-190 lb hogs at 3.90 to 4.39 per cwt and 240-260 lb hogs at 4.0 to 4.12 per lb, while feeder pigs and dairy cattle demand stayed robust. cattle, calves, sheep, goats, and hay loads also noted. Total head consigned reached 2132 by 47 consigners as upcoming sales include Saturday auction and midweek machinery and herd sales.
MENTIONED IN THIS ARTICLE
Kidron
Opening stocks rise as Dow slips from Thursday losses
New York UPI reports a higher open on the NYSE with the Dow Jones industrial average up 0.78 points to 96.540 after Thursday's 682 point drop. Advances lead declines 302 to 250 among 1,099 issues at the outset. Early NYSE turnover about 2,210,000 shares.
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New York
New York Stock Exchange
NYSE
Grain Prices From Lorain County Farm Bureau Market
The Lorain County Farm Bureau Cooperative Association reported yesterday’s market closes. Wheat sold at 391 per bushel, shelled corn 316 per bushel, oats 2.30 per bushel, and soy beans 679 per bushel. The figures reflect local grain activity and prices.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Dairy and metal price report from New York and Columbus
The report lists wholesale prices for butter and eggs in Columbus and New York with varied carton and creamery grades. It also provides spot prices for nonferrous metals including copper lead zinc tin aluminum gold silver and mercury with daily quotes from Handy and Harman.
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New York
USDA
Midwest
Handy & Harman
Daly
Handy& Harmen Wdgnly
Sohio shifts to corner pricing for Ohio stations
Sohio announces random, corner to corner pricing across Ohio stations after uniform pricing through mid 1981. Spokesman Brian Coughlin says adjustments reflect local market moves, not blanket cuts, with potential slight price drops at some corners and unchanged prices at others. last year’s parity followed OPEC and Reagan policy.
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Cleveland
UPI
Standard Oil Co
Ohio
Sohio
Brian Coughlin
Coughlin
Reagan
Grain prices across Ohio and Northwest regions after close
UPI reports average cash grain prices paid to farmers by elevators in Ohio markets after hours. No 2 wheat 3.90, No 2 shelled corn 3.16, No 2 oats 2.39, No 1 soybeans 3.673. Northwest region shows No 2 wheat 2.97, No 2 shelled corn 3.15, No 2 oats 2.29, No 1 soybeans 3.6. Central Ohio prices list No 2 wheat 3.98, No 2 shelled corn 3.20, No 2 oats 2.42, No 1 soybeans 6.33. Trend: No 2 wheat higher, No 2 shelled corn unchanged, No 2 oats unchanged, No 1 soybeans unchanged.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Ohi
Tax deadline extended for retirement accounts under new law
Uncle Sam extends the deadline for calendar-year taxpayers to contribute to tax sheltered retirement plans from February 14 to April 14 1981. IRAs for wage earners without pensions now have the same extended deadline as the yearly tax return. Keogh plans remain due December 31 1980. Visit us to plan your end of year finances.
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