Layoffs Viewed Without Imminent U.S. Recession Signal
Economists say recent job cuts at Wang Laboratories, Chrysler, Unisys, Campbell Soup and others do not foretell a recession next year. A Blue Chip survey finds about one third expect a 1990 recession, another third foresee 1991, while the rest doubt a downturn before 1992. Unemployment rose mildly to 5.3 percent in fall, manufacturing shed jobs for seventh straight month, yet government and health care hiring rose.
MENTIONED IN THIS ARTICLE
Philadelphia
Wang Laboratories Inc
Shearson Lehman Hutton Inc
Chrysler Corp
Unisys Corp
Campbell Soup Co
Sedona
Ariz
Invacare sales up but earnings fall in Q3 1989
Invacare Corp reports net earnings of 208000 dollars or 4 cents a share on 46.1 million dollars in sales for the third quarter ended Sept 30 1989. Nine months earnings declined to 2144000 dollars or 37 cents a share on 135.1 million dollars in sales up 16 percent from 116.4 million a year ago.
MENTIONED IN THIS ARTICLE
Federal Bureau of Labor Statistics
Trinova Corp
Maumee
Ohio
Los Angeles Herald Examiner
Braniff Inc. Airlines
Elyria
Invacare Corp
Invacare
A. Malachi Mixon T
McDonald & Co Moves Elyria Offices to Midway Blvd
Elyria firm McDonald & Company Securities Inc relocates from Lorain County Bank Building to 347 Midway Blvd, expanding space after acquiring Parker Hunter Inc. Three Parker Hunter staff join, and remodeling is underway after two decades in the old site.
MENTIONED IN THIS ARTICLE
McDonald & Company Securities Inc
Elyria
Lorain County Bank
Middle Avenue
Midway Boulevard
Midway Blvd
Jerry Aldrich
Parker Hunter Inc
McDonald & Co
Parker Hunter
Kidron Auction Strong Volume Despite Downturn in Market Hogs
Kidron consignments Thursday were heavy with 2,897 cattle entries and 618 consignors. Hogs ranged 190-260 pounds at 39 to 43 plus, cows and calves showed mixed strength with dairy cattle up, and feeder pig numbers rising. Hay and straw markets varied, with several cutting rounds and large hay bale lots noted.
MENTIONED IN THIS ARTICLE
Kidron
Metal Prices New York and Merc Spot Prices
New York metals close show gold at 387.10 per troy ounce and silver at 5.308. Merc prices list platinum at 506.50 and palladium at 739.95 per ounce. Nonferrous spot prices: aluminum 0.77, copper 1.1640, lead 0.41, zinc 0.77 to 0.80, tin 4.3475 per pound, and Mercury 275 to 290 per 76‑pound flask.
MENTIONED IN THIS ARTICLE
New York
Comex
Grain bids reported by Lorain County Farm Bureau Cooperative Association
Lorain County Farm Bureau Cooperative Association Inc released closing market bids for yesterday. Wheat sold at 3.69 per bushel Shelled corn 2.54? Wait 52.54 per bushel Oats 0.57 50 per bushel Soybeans 5.51 per bushel.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association
Lteal
Egg price report for Columbus retailers and buyers
In Columbus the price schedule for eggs to retailers and volume buyers lists grade A and U S grade A white eggs in cartons delivered to warehouses. Extra large 79 to 83 percent, large 79 to 82 percent, medium 69 to 72 percent.
MENTIONED IN THIS ARTICLE
Columbus
U.S
Ford Boosts Buyer Incentives On Several Models
Ford Motor Co. said it will offer added buyer incentives on select cars and trucks in response to stiffer competition and slower sales. The 1989 and 1990 Escort models see rebates rise to 700 dollars from 600, while the 1990 Probe GT gains a 1000 dollar incentive, up 200 dollars.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Also Mentioned on This Page
William D. Anderson
Pennsylvania State University
College of Business Administration
Anderson
Markley Roberts
Afl-Cio
Department of Economic Research
Washington
Mixon
Aldrich
Allina Asoyan
Nune Mkrtchian
United States
Aosyan
Mkrtchian
Kessler Institute
West Orange
N.J
Rosyan
Hausser & Taylor
Elyria Holiday Inn
Kidron Livestock
Hatfield
EST Bank
Pardner
Est’s
EST
Money Station
Cirrus
ATM
FDIC
First Bancorporation of Ohio
Yosta SmtBeq
Amocos
Tenaco
Baxter
Texaco
Beltso
Toscos
Carerp
DeSoto
E Digital
Disney AB Saeed
Exkodak
Exxon
Ferros
Ford
Sas
Ye Heinz S
Hewipk Az
Hovland
alVa— Ur Johnins
Kmart
Kroger
Mead
Merck
Partom
Penney
Pepsico
Va Phzer
PhilaEl
Phumrs
Mutual
Dreyfus
Fidelity-Puritan
John Hancock
Bond
Mass-Fin-Mit
National Bond
Templeton
Templeton-World
Vanguard
Wellington
Proedit
RCA
Choone
Stewart's
Cleveland St
VISA
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