Dow hits fresh high as rally broadens across traders
Dow Jones averages surged to a record close of 2821.53 led by gains of nearly 20 points as optimism about inflation and rates shifted investors back into stocks. Analysts noted cautious traders holding cash yet predicting higher corporate earnings and buybacks will push the market higher in coming weeks.
MENTIONED IN THIS ARTICLE
New York
John Connolly
Dean Witter Reynolds Inc
Michael Metz
Oppenheimer & Co
Jack Smith
Pierre R. Smith & Co
Jerry Aldrich
McDonald & Co. Securities Inc
Smith
New York Stock Exchange
NLRB investigator finds against Greyhound in walkout
A federal investigator says Greyhound engaged in unfair labor practices during the 10 week drivers walkout, potentially forcing the company to reinstate 3,000 strikers replaced since March 2. The ruling could shift the dispute to an unfair labor practice strike, and both sides plan appeals.
MENTIONED IN THIS ARTICLE
Washington
Greyhound
Jerry Hunter
National Labor Relations Board
Millwaukee
NLRB
Edward M
Anthony Lannie
Hunter
Metal Prices New York Closing Quotes On Comex and Merc
Gold 370.00 per troy ounce and silver 4989 per troy ounce were quoted on the Comex while platinum 47.20, palladium 117.70, and spot nonferrous metals listed aluminum 0.74 per pound copper 120.40 per pound lead 0.49 to 0.52 per pound zinc 0.83 per pound tin 38875 per pound and a Mercury price 280 to 3290 per 76 pound flask were reported.
MENTIONED IN THIS ARTICLE
New York
Comex
Grain bids at Loram County market closing
Loram County Farm Bureau Cooperative Association reports yesterday’s market closing bids for Wheat 315 dollars per bushel Shelled Corn 291 Soybeans 591 and Oats 750 per bushel with local farm traders observing pricing levels.
MENTIONED IN THIS ARTICLE
Loram County Farm Bureau Cooperative Association
Ino
Creston Auction Reports Strong Livestock Sale Totals
Creston Livestock sold 826 head from 303 consignors at the Creston auction Monday. Prices ranged across cattle hogs calves sheep and feeders with cows pairs and bulls sold at multiple price points. May 11 auction saw 89 consignors move 574 head with varied feeder weights and bred cows.
MENTIONED IN THIS ARTICLE
Creston
March Business Inventories Pause After Two Growth Months
The Commerce Department reports U S inventories held steady in March after gains in January and February. Inventories total $794.0 billion, with February and January revisions showing 0.4 percent and 0.3 percent increases. Sales rose 0.6 percent to $539.1 billion. The March stock-to-sales ratio remains 1.47.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
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Wall Street
Dow
Pierre R Smith
Ay JohnJn
Kmart
Te Lilly
Afamly
Merck
At&t
Atlee
Amaco
Monit
sAorgan
Analay
PacTel
Pactics
Breaveg
ParCom
Pepsico
Rte Pheipp
PhilMr
le Fhearn Tho PhilPey
PPKT
Bt Contel
Rowan
Dbs
Gahae la Schimb
duPonts
Sears
Asha— Sethby
Ty Bunard
Strid S
Fannas
Texaco
Bow
Ty Gannets
Usshoe
Daenetet
al Goudyr
Ama
Hanson
Henrys
Acme Cleve
Leseo
Nordson Ag
We Allied Corporation
Alltel Northern Savings
AmerShip
Ohio Edison
Centeriur
CPC Inter Inc
Thy Pnc Corp
Emerson Ais
Parker Hannifin Pile Fiial Bancorp
Smucker
Uy Va Goodrich
Yu Sunrise Medical John Texas Atilinies
Falls Dept. Trw
Invacare
LCB Bancorp
Woolworth
LNB Bancorp
Mid-Am Ine
Strait
U.S. Supreme Court
Mutuals
American Whst Mutual
Dreyfus
Fidelity-Puritan
Johan Hangack
Mass-Fin-Mit
Templeton
Templeton-World 1748
Vanguard-Wellingtoo
Creston Livestock
One For
IBM
Cos
ROYAL
Cleveland St
Sat
Elyria
Lorain
FDIC
Transohio
TransouHio Savingsbank
Hank Fec
Tae
Chey Bite Saverykes Tepes
Emery Pereniclope Atenimes Apist
Lly
Uipanyruc Tabeidtan
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