Opening stocks show scattered gains in short rally
The stock market opened with scattered gains as the Dow rose 3.66 to 1106.25 in early trading. NYSE activity was nearly even with advances and declines, traders cited Iran oil pricing, and notes on a support level near 1100 as the index fluctuated after Wednesday's late session. General Electric rose to 52.44, General Motors to 62, and Exxon at 40 in early quotes.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Iran
Persian Gulf War Zone
General Electric
General Motors
Exxon
NYSE
Grain Prices Report From Lorain County Market
Lorain County Farm Bureau Cooperative Association notes closing prices for grains yesterday. Wheat opens at 341 per bushel, Shelled corn 369 per bushel, oats 240 per bushel, soybeans 3844 per bushel. Local farmers monitor next market updates for shifts in value.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association
Ats
Metal prices New York spot nonferrous rates listed
New York metal prices show copper 69 to 73 cents a pound, lead 25.28 cents, zinc 25.3 cents, tin 64.7, aluminum 81 cents. NY Gold Handy Harman daily quote 386.40, silver 9.155 per troy ounce, mercury 3.22 to 3.35 per 76 lb flask, platinum 389 to 392 per troy ounce.
MENTIONED IN THIS ARTICLE
New York
Handy & Harmon
Arm guard inspects chair frame process at Steelcase plant
Arm guard Margaret Freed inspects chair frame components at the Steelcase manufacturing plant in Grand Rapids Michigan. Workers bend heated wood to form frames for office chairs, a precision step in chair construction observed by AP.
MENTIONED IN THIS ARTICLE
Margaret Freed
Grand Rapids
Mich
Index shows April rise in leading indicators after dip
Washington based report indicates the leading indicators index rose 0.5 percent in April resuming an upward trend. March’s initial 1.1 percent drop was revised to only 0.1 percent. Positive signals include longer workweeks for production workers and more new business formations. Negative signs involve higher unemployment claims and weaker orders for consumer goods. The April reading places the index at 167.8 percent of the 1967 base.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Keyes to be honored as International Executive of the Year
Bailey Controls Co. president CLEVELAND Wickliffe will be honored as International Executive of the Year today by the Cleveland World Trade Association at its 39th World Trade Conference. AUSTINBURG Wine Week runs June 3 9 with Ohio wine producers association theme Quality Wines from Ohio The Heart of it All. Vintners list with phone numbers for more information. Mr Gasket Co. reports fiscal year net sales about 74 million net income about 7.7 million up 52 percent with earnings per share 80 cents. Acquisition of Tru Spoke expected to boost fiscal 1985 performance.
MENTIONED IN THIS ARTICLE
Cleveland
Marion A. Keyes
Bailey Controls Co
Wickliffe
Cleveland World Trade Association
Austinburg
Ohio Wine Producers Association
Ohio
Mr. Gasket Co
Construction contracts uneven in Greater Cleveland area says Dodge
May nonresidential contracts in Lorain County fell 81 percent to 325000 while residential slid 5 percent to 4.4 million for the month. Year to date nonresidential rose 40 percent to 11.1 million and residential up 10 percent to 10.3 million for a 21.5 million total, 23 percent higher. In Cuyahoga Medina Geauga and Lake counties May's total reached 75.9 million, up 41 percent with nonresidential 35.9 million up 44 percent and residential 39.9 million up 38 percent. Year to date totals for the region fell 27 percent to 263.1 million, as residential rose 25 percent to 89.9 million but nonresidential dropped 40 percent to 173.3 million. The statewide May total was 531.4 million, up 25 percent from 1983, while year to date stood at 1.6 billion, down 3 percent.
MENTIONED IN THIS ARTICLE
IBM
McKess
AMI
Merck
Az At&t
Ay Bae
Mobil
Ty Matrola
Arkla
Byhe Asarco
Engel
Doha
Haythn
Dennys
SouthCo
Thaney
Eastair
EsKod
Esmith
U's
Gmot
Bsc
Ube
UniTei
Hound
CPC
Inter the Way
Ordson Sta Pierre R. Smits Co
Emerson
Ohio Faison
Acme Cleve
May
Excello
Parker Hannifin
Feudant
Um Smucker
Uv Allied Corporation
Goodrich
Sybron Lot
Alltel 210 Industries
Texas Utilities
Lear Siegier
AmerShip Building
Lorain Bancor
Tsieie Edison
American Standard
Midland
Ross Malco
Cleveland
National Gypsum
Woolworth
Mutuals
Pee Sthet
Abbr
Amner-Wash
Dreyfus
Revord
Fidelity Purtan
Nilseclacof
Phoeni Bard
Massfin-Mit
CatTaEsBard
Columbus
Hermeth
HudineayCety
Ohio
Mankattatad
Nise
Chicago
NortoOgibay
Aly West Egg
Showboa Lac
Stanly
Esterday
VelveLine
New York
F.W. Dodge
McGraw-Hill Information Systems Co
Lorain County
Cuyahoga
Medina
Geaufa
Lake Counties
Also Mentioned on This Page
Business News
Spiegelberg
Middle Ridge
Peles
Red & Golden Delicious
Cedar Hill Wine Co
Cleveland Heights
Dover Vineyards
Westlake
Heineman Winery
Put-In-Bay
Klingshire
Avon Lake
Mantey Vineyards
Sandusky
Mon Ami Winery
Port Clinton
Steak Wine Co
Tru-Spoke, Inc
Radio Shack
Caco
Elyria
Midway Blvd
Paul Mino
Cleveland, Ohio
Okewood
Ridgeville
Amherst
West Park
FSLIC