Market Mixed as Oil Prices Stir Trading Action
New York trading opened mixed as traders weighed oil exporters price moves. Dow Jones averaged 30 industrials rose to 855.34 then slid to 854.82, with declines leading. NYSE volume 23.48 million shares, composite index down .32 to 56.76. ASE index off .03 to 176.79.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
NYSE
American Stock Exchange
Grain and poultry price report from Ohio and Midwest markets
Lorain County Farm Bureau reports closing grain prices with wheat 3.40 per bushel shelled corn 2.24 oats 1.40 and soybeans 7.51. Ohio egg and poultry prices show hens 16-18 cents, ready to cook broilers and fryers 44-46 in Cincinnati and Cleveland, USDA butter steady, Midwest egg wholesale prices unchanged with large 65 and 62 for Class 2 large 62, mediums 60, smalls 43.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Columbus
Ohio
Cincinnati
Cleveland
New York
USDA
Chicago
Midwest
Industrials kept in Beverly Hills Supper Club case
Campbell Circuit Judge John Diskin refused to dismiss six industrial defendants American Electrical Industry Barber Coleman Hugh Nelson Colonial Carpet Mills Cotton Belt Insurance Co American Insurance Exchange and the Aluminum Association from civil suits over the May 28 1977 Beverly Hills Supper Club fire that killed 165. Plaintiffs seek more than 2.9 million. No trial date is set.
MENTIONED IN THIS ARTICLE
Newport, Ky
Campbell Circuit
John Diskin
Beverly Hills
American Electrical Industry
Barber Coleman
Hugh Nelson Colonial Carpet Mills
Cotton Belt Insurance Co
American Insurance Exchange
The
Aluminum Association
U.S
Recruiters cover all bases in vocational training push
John Wenzel of Parker Hannifin Corp. urges recruiters to engage technical high schools and community colleges to supply apprentices who can rise to engineering roles. His Parker Ideal program funds tuition and pays apprentices at 60% of journeyman wages, countering the decline of shop courses due to budget limits and teacher load.
MENTIONED IN THIS ARTICLE
New York
UPL
John Wenzel
Wenzel
Brooklyn
Parker Hannifin Corp
Parker Ideal Corp
New York City
Parker Ideal
Ford builds unique LTD with 3.5 million sticker price
Ford Motor Co reveals a graphite fiber reinforced composite LTD weighing 2,500 pounds with a 2.3 liter four cylinder engine and 24.7 mpg, priced over 3.5 million including R D and design costs. The experimental model serves as a test bed for future composite vehicles and first production parts.
MENTIONED IN THIS ARTICLE
Ford Builds
Unique Ltd
Ford Motor Co
Ford Ltd
FORD
Compton
Reinvesting dividends builds big businesses
New York AP reports that tiny investments through dividend reinvestment plans let ordinary shareholders accumulate more stock with discounts and low fees. AT&T used the method to fund all equity needs in 1977, with companies like Allied Chemical Dow IBM Texaco Union Carbide and utilities among early adopters.
MENTIONED IN THIS ARTICLE
New York
America
Ken Kline
American Telephone & Telegraph Co
At&t
Allied Chemical
Dow Chemical
IBM
Texaco
Union Carbide
Kline
Corpcom
Allegheny Power Systems
First National City Bank
Citibank
Ma Bell
Local area business briefs and events update
New telephone books will reach over 12 000 Norwalk Milan Monroeville New London and North Fairfield customers by April 6. NAACP deputy executive director Richard T Barber to speak at Table d Hote in Lorain County. John Carroll University offers five session career change course starting April 5 taught by Don Cianci. Lear Siegler announces 30 percent stock dividend increase. TRW Nelson Division hosts state officials tour in Lorain. North Olmsted couple wins a Heatilator fireplace at Midway Mall Home Show.
MENTIONED IN THIS ARTICLE
General Telephone Co
Norwalk
Charles T. Winn
Milan
Monroeville
New London
North Fairfield
Richard T. Barber
The
NAACP
Lorain County Minority Contractors Association, Inc
Middle Ridge Road
Office of Continuing Education
John Carroll University
Universty Heights
Don Cianci
Behavioral Science Environments
Bass to Move Ford Dealership to Sheffield
Bass plans to move his Lorain Ford dealership to Detroit Road in Sheffield by April 1980. He presented site plans for a 12.5 acre parcel near Abbe Road, seeking rezoning from motor service and residential to commercial. Ford would sell about 10 acres developed, with construction of a 30,000 square foot building for roughly 1.3 million, and the project could create 35 jobs initially.
MENTIONED IN THIS ARTICLE
Sheffield
Mike Gass
Lorain Ford
Detroit Road
Bass
Abbe Road
Village Council
Dennis O'Toole
Ford
Motor Service
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Robert Penick
Dow Jones
Mattel
API
McLouth Stee
MGM
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Monsanto
Alfie Chin
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AMAX
Arla
Nat Steel
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Hersh
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Striet
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Nrtha Nate Trreaular
Emerson
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Furrs
Cafterias Pe
Koehring
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Lear Siegler
BMW
Midland-Ross
Amer Express AB
Ohio Edison National Gypsum
Amer NatriRes
Parker Hannifinay
Waseriest Ware AmHoist & Creck
Amwnu Holding
AmSon &Loan
Esterline Cp
Fstrr &Bk Ga
St Farrs Cafeteria
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Howard Johnson It
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Oscar
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National Association of Securities Daler Inc
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Lortin
Cleve
Stitzer Park Plaza
Reved St
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BR. Cer
Emhart Corp
Emhart
UPI
James Mateja
Chicago Tribune
W. Dale Compton
LTD
Financial Responsibility
Lorin
Clare
Oberlin
J.C. Insurance Ball Bonding Agency
Elyria, Ohio
Area Business News
Lear Siegler, Inc
Santa Monica
Calif
Ronald Nabakowski
J. Leonard Camera
TRW
Nelson Divisio
Lorain
Milton Ashford
Plant
Thomas A. Piraino
Tom Gerity
North Olmsted
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Midway Mall
Gerity
Ed Mullinax Ford
22Nd Street
Broadway
Council
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Westlake
Realtor
By Richard Demby
Damby
Elyria Board of Realtors
Demby Real Est
Middle Ave
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