Stocks Open Higher as Dow Near 1000 Mark
The Dow Jones rose 0.52 to 976.93 as 473 issues led 227 declines on the NYSE with 3.3 million shares traded. Citibank cut its prime rate to 18 percent and traders anticipate further rate declines amid a Fed money supply drop and Reagan's new spending cut plan.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
NYSE
Dow
Citibank
The
Treasury
Federal Reserve
Fed
Reagan
Congress
Creston Livestock Auction Sees 324 Consignors Sell 1026 Head
At Creston Livestock Auction 324 consignors offered 1026 head of livestock on Monday. Dairy cows brought 280 and 595 dollars, nine goats sold from 10 to 49, and a pony fetched 250 dollars. Lorain County Farm Bureau Cooperative Association reported grain prices closing yesterday with wheat at 3.96, shelled corn 3.20, oats 2.60, soybeans 6.98 per bushel.
MENTIONED IN THIS ARTICLE
York
UPI
Goodyear
Gracew
Woolworth
Pwr
Allied
My Greyhound
Allis Chim
Gulfit
Alcoa
Hanna Min
Uw Hersh Foods
Am Brand
TAM Tm JC Undiest
Pierre B Smith Co
Am Can
Toco Ltd
Acme Cleve
Janarud
Amer Mach & Foundry
Belec Pwr
Ing Rand
Amer
Mwe
Am Motors
Inti
T&t
Kellogg
Bendix
Armco
Sis
Bell Howell
Paty + Lo
CPC International, Inc
Luken Steel
Emerson
Beth Steel
McLouth Steel Tie
Excello
Bobbie
MobilCorp
Monsanto
Fruehaut
Goodrich
Be ‘Ac
Nabasco
Ic, Industries
Natl Can
Lear Siegler
Chrysler
Coca Cola
Stee
Colgate
Nort & W
Oto
Columbia Gas
Parker Hannifin
Cmn Edison
Searle
Gd) Co
Con Edison
Smucker EK
Owen Il
Southern Co
Pan Am Aurath Sybran
Consumwr
Toledo
Exison
Cook
Phillips Pet
My Woolworth
Union Pacific Corp
Curtiss Wr
Polaroid
Detroit Edis
DuPont
Trans W Co
TRW
UAL Inc
Uniroyl Inc US Steel
Wumon
Wstrac
Weyrhs
Wheeling St .Whartpool
Creston
Lorain County Farm Bureau Cooperative Association, Inc
Calves and cattle prices plus theater disaster toll listed
A catalog of livestock prices shows calves from 60 to 100 dollars and cattle from 39 to 67 dollars. The text also notes a 1937 theater fire in Antung Manchuria with a death toll exceeding seven hundred people.
MENTIONED IN THIS ARTICLE
Antung
Manchuria
Grain prices in Ohio after markets close Monday
UPI reports on cash grain prices paid by elevators in Ohio after the market close Monday. Northern Ohio lists No 2 wheat 403, No 2 shelled corn 320, No 2 oats 225, No 1 soybeans 713. Central Ohio No 2 wheat 407, No 2 shelled corn 326, No 2 oats 242, No 1 soybeans 708. Northeast shows No 2 wheat 3593, No 2 shelled corn 320, No 2 oats 237, No 1 soybeans 697. Trend: No 2 wheat higher, No 2 shelled corn higher, No 2 oats unchanged, No 1 soybeans sharply higher.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Panon
Butter and egg prices in major Ohio markets
AP reports wholesale and farm prices with butter near 5 dollars to 5.75 a pound and eggs at farm levels around 7 to 9 cents per unit. Copper lead zinc and aluminum show cents per pound ranges and gold and mercury prices listed, with market bulletins for New York and Ohio regions.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Cartona
Cleveland
New York
USDA
Neikee Noal
U.S
Harman Harmar
Nordson names two new vice presidents in leadership changes
Nordson Corp. announces executive moves including James R. Appleby Jr. as vice president finance and CFO and Thomas L. Moorhead as vice president legal and assistant secretary. Leonard H. Jaxon will retire from active service by October after guiding line operations until May 1 and will remain as a director.
MENTIONED IN THIS ARTICLE
Amherst
Nordson Corp
Leonard H. Jaxon
James R. Appleby, Jr
Thomas L. Moorhead
Jaxon
Appleby
Moorhead
Nordson
Treasury
Mr. Jaxon
Nordson executive Jaxon advances through divisions to VP roles
The article traces Jaxon rising from area manager in Chicago to GM of the Eastern Regional Office in Union New Jersey, then sales manager at Amherst headquarters in 1967, elected VP marketing in 1971, VP and GM of packaging and assembly in 1975, VP packaging group in 1978, and executive VP in 1980. He and his wife plan retirement near San Diego.
MENTIONED IN THIS ARTICLE
Chicago
Union
N.J
Ambherst
Nordson
Jaxon
Packaging Group
Rancho Penasquitos
San Diego
Calif
Ohio targets 5000 firms for defense contracts push
Gov Rhodes launches a state outreach to help 5000 Ohio companies in high unemployment areas bid for 3.4 billion dollars in Pentagon contracts for supplies. Elyria Lorain Akron Cleveland plus many counties are eligible while a trade group leader cautions gains may be limited. Rhodes also seeks an inner city job development bill offering tax breaks and up to ten years of tax abatements for firms expanding into chronic unemployment zones with welfare or disabled hires.
MENTIONED IN THIS ARTICLE
James A. Rhodes
Ohio
U.S. Department of Defense
Elyria
Lorain
Akron
Cincinnati
Cleveland
Dayton
Lima
Mansfield
Toledo
Warren
Youngstown
Medina
Huron
Erie
Adams
Ashtabula
Clermont
Crawford
Defiance
Guernsey
Harrison
Hocking
Jackson
Lucas
Marion
Monroe
Morgan
Noble
Ottawa, Paulding, Perry, Pike, Sandusky, Scioto
Seneca
Shelby, Summit
Warren, Williams and Wyandot
Rhodes
Pentagon
Bates
United States
General Assembly
Mildew Threats in Damp Areas Stressed
A health advisory notes mildew tends to grow in damp warm poorly lit places. Authorities urge ventilation and moisture control to prevent spread in homes and buildings.
Area cosmetics consultant nets necklace and awards
Nancy Willmas of LaGrange, a Mary Kay consultant since 1976, received a 14 carat gold necklace an initial bracelet a No 1 pendant a briefcase and ribbons for sales and recruiting performance last year. M Ellen Fedock promoted to program manager at Young Liggett public relations where she has worked since 1978. She a resident of Brecksville.
MENTIONED IN THIS ARTICLE
Nancy Willmas
LaGrange
Mary Kay Cosmetics
M. Ellen Fedock
Young-Liggett Public Relations
Brecksville
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Creston Livestock
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Fidelity Puntan
Investors Variety
Jobo Hancock Wi
Mass Fin Mit
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Vanguard Tvest
Vanguard Wellington
Piel (Ap
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Boulee
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Emery Air
Ast
Aril the
Alessio
Cooper Foster
RD. Lorain
A Yun
Business News
Robert Penick
Leonard Jaxon
James Appleby
Thomas Moorhead
Jon Bates
Commerce and Industry Association
Board of Education
JCB
Ohio Machinery Co
Om! Ohio Machinery CO
E. Royalton Road
Broadview Heights
Baal
Area News
Elmer Hume. Inc
Elmer Hume, Inc
Cleveland Avenue
Butler Builder
Gunea