Market inches ahead on cautious trading in New York
The Dow gained .87 to 867.64 in the first half hour as rallies led declines 4 to 3 on NYSE issues. Traders awaited the government’s monthly index of leading economic indicators amid a three month drop. Thursday’s action saw a 0.52 Dow rise to 866.77 with volume at 28.51 million.
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New York
NYSE
American Stock Exchange
Ohio Butter and Egg Prices Update Amid Mixed Market Signals
A fragmented AP AFP dispatch reports on egg and butter pricing in Ohio with varied carton sizes and regional deliveries. Prices show little change despite steady farm offerings, while some lines reference fluctuating wholesale quotes and market activity in major cities.
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Columbus
Ohio
USDA
Fitzsimmons's Grandson Kills Himself in Michigan Home
A 19 year old, James Patrick Fitzsimmons, grandson of Frank Fitzsimmons, Union President, died from a self inflicted gunshot wound at his Bedford Township residence. The shot occurred while he handled a .357 Magnum pistol, according to Bedford Township police. The incident was reported late Thursday by Sgt. Paul Queen. The story also lists local grain prices at yesterday's market close.
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Detroit
UPI
Teamsters Union
Frank Fitzsimmons
Bedford Township
James Patrick Fitzsimmons
Paul Queen
Nordson eyes expanded markets with powder coating tech
Nordson Corp unveils compact cartridge powder booth and color changing capability for automotive and major appliance lines. Demonstrations showed rapid color switches and reusability of pigments. General Motors and Volkswagen eyed for potential order. Amherst facility employs 600, with $72.8 million 1978 sales and $11 million income.
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Nordson Corp
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Donald Dobbins
General Motors Corp
Shreveport
Louis A. Frey
General Motors
Volkswagen
Rudy
Wisconsin
Atlanta-South Carolina
Help Wanted Advertising Index Edges Down in February
The Help Wanted Advertising Index fell three points from January and seven from December, as reported by the Conference Board in New York. Measured from 1967 base of 100, the index now sits at 158, reflecting labor demand and overall business conditions.
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Help Wanted
Conference Board
New York
Automakers brace for nationwide truck strike
DETROIT UPI The auto industry on edge as a three year Teamsters pact for 300000 drivers expires at midnight Saturday. Ford and General Motors say they plan contingencies as a strike looms, with GM warning that trucks are essential to assembly lines and any stoppage would hit operations almost immediately. Ford plans stockpiling and rail diversion, noting production impact could emerge in less than a week.
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Detroit
UPI
Ford Motor Co
General Motors Corp
FORD
Richard Haupt
GM charged with transmission switch in full sized cars
A federal class action accuses General Motors of using small car transmissions in full size 1977 to 1979 models while telling buyers the correct transmission was used. The suit seeks full purchase price refunds, transmission changes, or damages for 50 000 to over a million affected customers.
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Chicago
General Motors
Federa
James
Crellin
Detroit
U.S
Chevrolet
30 and out Elmer Balogh retires after 30 years
Elmer Balogh retires today from Harshaw Chemical Co after 30 years of service. He joined in 1949, became maintenance supervisor in 1959 and was maintenance superintendent from 1976. A city farmer in Grafton, he plans to boat, fish, farm and make horseradish.
MENTIONED IN THIS ARTICLE
Elmer Balogh
Harshaw Chemical Co
Grafton
FTC weighs whether real estate fees fixed
The FTC HUD and state attorneys general probe whether nationwide real estate commissions amount to price fixing and if profits outpace living costs. Resources cite concerns over uniform fees, potential harassment of brokers cutting prices, and calls for disclosure that commissions are negotiable.
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Federal Trade Commission
FTC
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HUD
Consumers Union
Consumers Report Magazine
Commission
Thomas Papageorge
Congress
Gil Blankespoor
Joseph Lands
Action Realty
National Association of Realtors
William North
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