Chemical New York bid review in Home State deal
Ohio officials say Chemical New York Corp faced a lower bid from Hunter Savings Association and American Financial for Home State must close. Chemical disputes its cost, citing a larger reserve fund request. state approval and timing influenced the sale outcome.
MENTIONED IN THIS ARTICLE
Dayton, Ohio
Chemical New York Corp
Chemical
Richard Celeste
Dayton Newspapers Inc
Hunter Savings Association
American Financial Corp
Hunter
Ohio
Dayton
Home State
Cincinnati
American Financial
Dennis Concilla
Columbus
Fort Lauderdale
State Savings and Loan
Robert McAlister
Federal Home Loan Bank Board
Herz
Money growth nips interest bloom
Housing industry leaders shrugged off a 12 percent decline in April single family housing sales and said lower mortgage rates are spurring buying. A bigger than expected 4.5 billion surge in money supply in mid May could hinder Fed rate cuts, while money market funds rise by 5.1 billion in four weeks and the Fed’s balance sheet grows to 582.3 billion.
MENTIONED IN THIS ARTICLE
Associated Press
Federal Reserve Board
Commerce Department
Department of Housing and Urban Development
Jack Carlson
National Association of Realtors
Warren Lasko
Mortgage Bankers Association
New York Stocks Open Lower Amid Slowing Economy Signals
The Dow slipped 1.68 to 1304.10 as the market faced evidence of a slowing economy and IBM projected lower second quarter earnings. Volume Leaders included IBM, AT&T, United Technologies, Schlumberger, and NCNB with mixed early moves. The NYSE composite rose 0.07 to 108.73 while AMEX declined slightly to 230.30.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Commerce Department
IBM
American Telephone & Telegraph
United Technologies
Schlumberger
Ncnb Corp
NYSE
Egg Prices in Ohio Major Cities Reported
Sales to retailers in Columbus and other cities show carton prices for extra large 49.54, large 46 to 53 cents, medium 38 to 43 cents, small 26 to 20 cents. Light type hens expected 10 percent loading.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Mutuals New York closes metals and grain market wrap
Closing prices reported on the Comex show GOLD at 313.20 per troy ounce and SILVER at 36.136. Spot nonferrous bids include ALUMINUM 45.85 cents per pound COPPER 7.154-7.3 cents and LEAD 20-21 cents per pound. Zinc 46-47 cents and TIN 5.9927. Mercury 290-295 per 76 lb flask. Platinum at 4271-276. Farm Bureau grain prices: Wheat 2.92, Shelled Corn 2.71, Oats 2.10, Soybeans 5.44 per bushel.
MENTIONED IN THIS ARTICLE
New York
U.S
Lorain County Farm Bureau Cooperative Association, Inc
LNB Bancorp Reports 1985 Q1 Earnings Rise
Lorain National Bank holding company LNB Bancorp posted 1985 first quarter net earnings of 572000, up 4.6 percent from 1984. Deposits rose to 211.1 million, net loans increased to 128.1 million, assets reached a record 242.1 million, and a 20 cent quarterly cash dividend was declared.
MENTIONED IN THIS ARTICLE
Lorain
LNB Bancorp
Lorain National Bank
Stanley G. Pijor
Pijor
Ohio获七十万美元再培训钢铁工人
美国国务院宣布向俄亥俄州拨付70万美元,用于再培训失业的钢铁工人。州需向劳工部提交分配计划,计划获批后9月前启动。参与者须为钢铁行业失业者且难以重返原岗位。
Also Mentioned on This Page
Chang
Holiday
Celeste
Kenneth Herz
Lasko
Federal Reserve
Fed
Elliott Platt
Donaldson, Lufkin & Jenrette Securities Corp
Investment Company Institute
Donoghue
Money Fund Report
Holliston
Mass
Ward
Dylex
Aristek
Arvinind
Bal Comminco Ltd
Conwood City Nticp
Tkkerd
Jack Emco Ltd
EquitecFnel
FstFnelGrp
GrandAuto
GulfstrmLand 1A
Tel Hexcelep
HowardBep
HaglingLand
KellwdCo
Pierre R. Smith & Co
Acme Cleve
Allied Corporation
Allied
AMF. Inc
AmerShip Building
Cleveland Nec
CPC Inter. Inc
Emerson
Excellio
Baticorp
Fruehaut
Goodrich Bate TC. Industries
Invacare Lear Siegler
LCB Bancorp
Mutuals
Sell Amer-Wash Mutual
Dreyfus
Fidelity-Puritan
Hancocks
Mass.fin-Mit
Vanguard-Invest
Vanguard-Wellgtn
Pac Real
Eula Pee
Stewart
Washington
Bob McEwen
Rohio
Douglas Applegate
Dohio
Labor Department
Ohio Bureau of Employment Services
Joan Hammond
Bureau
FDIC
Middle Ave
P.O
Elyria