Market watch notes rates to rebound then fall again
The piece presents a Dow path to 910–940 on a rate rebound and a later fall to 750–780 by mid-1982. It cites Arnold Moskowitz of Dean Witter Reynolds predicting near term Fed loosening, a 16–17 percent prime rate by year end, and big 1982 borrowing needs for Treasuries and corporations amid a slowdown in GNP, car sales, and housing. It also reports on cocaine on the NYSE floor and possible Diamond Shamrock Tesoro ties.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Arnold Moskowitz
Dean Witter Reynolds
Moskowitz
Treasury
Federal Reserve
Fed
Dow
Diamond
Teloro
Texas
Diamond Shamrock
Tesoro Petroleum
Tesoro
Alan Gaines
William Bricker
Gaines
Bricker
Ohio grain prices steady across marketing regions
Columbus market report shows closing to opening prices for Ohio elevators with No 2 wheat ranging from 2.09 to 3.84 per bushel, No 2 shelled corn near 2.32 to 2.38, No 2 oats about 1.93 to 2.28, and No 1 soybeans around 6.10 to 6.17 per bushel across North Central Northwest and Canal states. Lorain County Farm Bureau Cooperative lists final bids: wheat 2.32, shelled corn 2.38, oats 2.28, soybeans 6.17.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Northézat
Northwest Ohio
Lorain County Farm Bureau Cooperative Association, Inc
Ohio egg price report shows mixed wholesale values
In Columbus and Chicago market notes, wholesale buying prices yesterday were unchanged to mixed. Large eggs cost around 59 cents, mediums 55, smalls 40, nest-run breaking stock 54, checks 49.
MENTIONED IN THIS ARTICLE
Ohio
Icago (Ap
Midwest
Metal prices New York spot nonferrous metals recap
New York spot prices for nonferrous metals show copper at 84 cents per pound, lead 46 to 40 cents, zinc 46 to 49 cents, tin at 8.03 per troy ounce, aluminum 76 to 80 cents, gold 431.25 per troy ounce, silver 40.13 per troy ounce, mercury 34.22 per flask and platinum 412 per troy ounce according to Handy & Harman daily quotes.
MENTIONED IN THIS ARTICLE
New York
Kroy ‘Dunce
Handy & Harman
Tance
N.V
Nat Gyp
Ally Power
Nat Steel
I Allis Chim
Albu Cp
Nocfk W
Alcoa
Owens
Ar Airlines
Ye Penne
Elec Pwr
Am Motors Ify
PeparCo
T&t
Phila Elec
Bobbie Erks Proc & Gain
Boeing
RCA Cp
Barger
Repab Steel
Ye Cola Pac
Chrysler Cp
Rockwell
Jotha
Coca Cola
Sears
Colgate
Smucker
Col Gas
Oy Sport
Cmw Edison
Cal
Con Edison
Ind
Ohio
Consu P
Aoth
Tenneo
Texaco
Timken
Cook United
Curtiss Wr
Trans
Det Edison
UAL Inc
DuPont
Union
US Steel
Be Eaton
Upjohn
Sly Evans
Western
Unuin
Exxon Cp
Elec
Firestone
Ford Motor
Woolworth
Gen Foods
Zenith
Excello
Kellogg
Godrich Am Kroger
2D. LC. Industries
Val Ind
Lear Siegler
Midland-Ross
Luken Steel
Mae National Gypsum
Modtel
Ohio Ison
Largest savings bank merger in New York history ends Greenwich stake
Greenwich Savings Bank merged with Metropolitan Savings Bank in a FDIC approved rescue forming the largest savings bank in New York. The combined bank will operate as Metropolitan Savings Bank with $5.9 billion in assets and 11 Greenwich branches staying open at least 90 days for customers transitioning to Metropolitan.
MENTIONED IN THIS ARTICLE
New York
UPI
Greenwich Savings Bank
Metropolitan Savings Bank
Savings Bank
Greenwich Bank
Federal Deposit Insurance Agency
New York State
Philadelphia Savings Fund Society
FDIC
Greenwich
New York City
Federal Reserve Bank of New York
William Isaac
Metropolitan
Brooklyn Savings Bank
Long Island
Westchester
U.S
Franklin National
State Banking Department
Market Opens Higher As Rates Drop
New York AP reports stock prices opened higher across markets as the prime lending rate tumbled to 17 percent. The Dow Jones index rose 3.99 points to 870.81 in the first half hour, with transportation and utilities also advancing after a weak prior session.
MENTIONED IN THIS ARTICLE
New York
Dow Jones Transportation and Utilities
Also Mentioned on This Page
Nyse
Dan Dorfman
Kemper FéGior
Kemper IncaCap
Kemper ToalPé Kemper
Technology
UES
Egulai Allied Maant
AmPnel Enterpe A Med
Andrew Wines
Bassett Fund M7
Beldsallemnwy
Carlisle Cory
Chabie
LES
Crompton Co
Engle Picher
Foremos
Tagerzall
Ze Hannaining
Mercantile Tx ci
Mickelbes
Sanrehnek
Searvill
Lars Bourse
Thomas Betts
Catan Fonds
Larry
Mr. Larry
Second St. Elyria
Sale
Jr. High
Elyria
J C Penney Company Inc
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