Gephardt bill sparks US Japan auto debate in Congress
In Washington, American and Japanese automakers spar over a Gephardt Riegle proposal to cut Japan's trade surplus with the United States within five years or impose limits on Japanese car sales. Major players from Chrysler, GM, Ford express cautious support or opposition, while Honda and Toyota warn of job losses and higher prices if sanctions hit transplantation and broader sectors. Rep Sam Gibbons, chair, criticized the Big Three for not proving real interest in selling in Japan.
MENTIONED IN THIS ARTICLE
Bill
Japan
Bush
Honda
Gephardt- Riegle
Scott Whitlock
Honda of America Manufacturing
U.S
Sam Gibbons
D-Fla
Subcommittee
United States
Treasury short term bills hit peak rates in auction
Washington Treasury data show $114 billion sold in three month bills at an average discount rate of 4.08 percent and $114 billion in six month bills at 4.19 percent. Both rates match or dip from prior week with three month the lowest since March 9 and six month the lowest since March 9. The discount rates imply higher effective yields with a $10,000 three month bill selling around $9,896.90 and a $9,788.20 six month bill.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Creston Auction Receipts Show Mixed Livestock Totals
Creston consignors sent fifteen loads of hay and straw including first second and third cuttings, hay bales and wheat straw. Dairy cattle, calves, sheep, hogs and cattle priced per head or hundredweight with totals: 835 head from 323 consignors.
MENTIONED IN THIS ARTICLE
Creston
Metal Prices on New York Markets Daily Close
New York metals markets closed with Comex prices: gold 341.90 per troy ounce, silver 41.40 per troy ounce, platinum 351.10, palladium 88.10 per ounce. Nonferrous spot prices: aluminum 0.88 per pound, copper 10.35 per pound, lead 0.35, zinc 0.61-0.63, tin 379.00 per pound. Mercury 175-185 per 76 pound flask.
MENTIONED IN THIS ARTICLE
New York
Comex
Ex-chairman's son loses job at Goodyear
AKRON The 41 year old son of former Goodyear Chairman Robert Edward Mercer was laid off amid company cutbacks. Mercer had 42 years at Goodyear and worked in Washington as a regional public relations manager after earlier stints in Houston. The move follows a decade of closing regional offices and a pledge to trim expenses at the tire maker with 1991 revenue of 109 billion.
MENTIONED IN THIS ARTICLE
Knight-Ridder
Akron
Goodyear
Robert Edward Mercer
Robert George Mercer
Washington
Mercer
New York
Chicago
Los Angeles
Houston
John Perduyn
Bob
Stanley Gault
Tire
James Goldsmith
Robert Mercer
Also Mentioned on This Page
House
Ways and Means Committee
Gephardt
Donald Riegle
D-Mich
Chrysler Corp
General Motors
Marina Whitman
Peter Pestito
Ford Motor Co
Presdent
Toyota
Business
Vis
Mobil
NYSE
Mansan
OMR
Stok
Amuas
NewsCp Ihe
Norsk
Amoco
Analag
Baxter
ChimBak
Repsol Chevron
Royld Ale
Sceep Az
Chrysler
Sears Bee
SouthCo
Colyes
Snetel
viCoiGs
Stonec
Comdre
Texaca
Travner
Usxmar
Bisney
Dole
Unisys
DuPont
Exxon
Gota
Warne
O's
Wa Zapata
Genel
Genup
Pierre R. Smith
Grace
Aws
Hudson
Alled Corporation
Asa AmerShip
ASM + Fe Center
le Cpc Inter Inc
Emerson Hotty
First Bancorp
Human
Goodrich
Ie Igame
Banco
Lennars
Bhatte Lnb Bancorp
Lilly Wa
Smithers/SJMA
Merck
Sunnse Medical
MexFort
Texas Utilities
MMM
Marrstt Si
Woolworth
TiKimberly Barth
Mary Hendricks
Wellington
Exterior Designs Inc
Lakewood
Wellington Town Hall
Admiral King High School
Lorain
Creston Livestock
Nylonge Corporation
Sionist Canty
Elyrias
Pernt
Conellaton
Eegata
Weadons
Fane
Parker Hannifin. Corporation
Elgin
Glynn Ohio
Com N
NPDES
Ut Vie
Kgamer Protection Agency
Engelhard Corporation Signifi
Elynas
Ilave
Enerm
SYS Uta
Elma Dhi
Publc
Sani
Consun Food Industries Incor
Water Pollution Control Board
Timothy Coey
Con Serice
Criy
Elyna Ohio
Svresv
BANK
Cleveland
FDIC
Elyria
Chronicle-Telegram
Ohio
Base Avenue
P.O
Duhuianéi
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