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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 28, 1985
Page
6
Egg prices in Columbus and major Ohio cities show varying quotations from ECG Producers Co operative. Class 1 49 cents, Class 2 44 cents, Class 3 36 cents, Class 4 32 cents. Extra large 63 to 68 cents per carton, large 60 to 67, medium 33 to 58. Retail deliveries and light-type hens noted with limited availability.
AP notes yesterday metal prices with copper 67.55 to 67.70 cents per pound to US destinations lead 18.21 cents per 4 pound zinc 45 to 47 cents per pound tin 5.8170 dollars per ounce aluminum around 49 cents gold 327.76 per troy ounce silver 6.607 per ounce mercury 310 to 319 per 76 pound flask and platinum 246 to 250 per troy ounce.
Pompano Beach officials sue auditing firm Alexander Grant and Co. for negligence and fraud after an audit led the city to invest $11.9 million in ESM Government Securities Inc. before the SEC closed the firm on March 4.
Bank of Boston faces scrutiny as about 15,000 stockholders attend the annual meeting to question President William Brown over allegations the bank aided money laundering by organized crime figures. The bank pleaded guilty in February to violating international banking rules amid heavy publicity.
The government's key witness Brant is called into question by the defense as the trial of ex-WSJ reporter R. Foster Winans moves toward closing. Brant testified he pleaded guilty and implicated Winans in an alleged scheme to profit from stock trades, though his honesty was challenged by Hackett.
Pan American World Airways ground workers vote 3,583 to 2,193 to approve a contract allowing pension cuts and health-benefit reductions. The deal includes a 20 percent raise over three years and $600 to $1,000 signaled as immediate bonuses, with Pan Am planning 65 percent of flights next week and 84 percent by April 28. Flight attendants threaten to strike next, potentially disrupting schedules further.
Former automaker John Z DeLorean spent about five hours in a federal building as a grand jury probes his personal finances and those of DeLorean Motor Co. The proceedings remained secret and no comments were offered by officials. DeLorean faced past bankruptcy actions and a $200 million lawsuit alleging misused company funds. He was previously acquitted in a separate cocaine conspiracy trial.
Sen. How ard M. Metzenbaum and Sen. Arlen Specter questioned Justice Department antitrust chief for hours, opposing the sale of 85 percent Conrail to Norfolk Southern for 1.2 billion. Metzenbaum calls Dole plan a monumental giveaway and vows a fierce Senate fight as the issue moves to the floor.
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