Lorain County business briefs cover meetings and local prices
Lorain County Export Development Council will meet December 1 at noon at Lorain County Community College to discuss doing business in Canada with a soup and sandwich lunch for $3. AAA data shows Ohio gas averages $1.325 per gallon, down from August, with national and statewide figures around $1.30 and $1.28 respectively. SBA plans a December 8 How to Survive in Business Today seminar at the Federal Building, Cleveland, $10 fee. A SBA Women’s Business Enterprise campaign aims to publish a Women Entrepreneurs Directory and offer financial management courses. Convenient Food Mart at 417 Cleveland St in Elyria was named the chain’s best store at a National Executives Conference in San Antonio, under owner Dennis DeMarco of ConSun Food Industries.
MENTIONED IN THIS ARTICLE
Lorain County Export Development Council
Canada
Lorain County Community College
Obiolans
American Automobile Association
AAA
Jerome Turk
Ohio
Turk
The
Small Business Administration
SBA
Federal Building
Cleveland
Office of Women’s Business Enterprise
United States
Convenient Food Mart
Cleveland St
Elyria
San Antonio
Tex
Dennis DeMarco
ConSun Food Industries
ConSun
Convenient
Metal prices New York daily nonferrous quotes
Spot metal prices in New York yesterday show copper at File 72 cents per pound US destinations lead 21 12 to 26 cents per pound zinc 34 to 42 cents per pound delivered tin 6038 cents per pound aluminum 76 cents per pound gold 40830 per troy ounce silver 9575 per troy ounce mercury 3365 per flask platinum 242 00 to 345 00 per troy ounce Handy & Harman daily quote
MENTIONED IN THIS ARTICLE
New York
Hand & Harman
Handy & Harman
Midwest egg price report shows mixed wholesale values
AP price report from Chicago notes wholesale buying prices in the Midwest were mixed with class large at about 49 percent, Z large 48, mediums 43, and other categories around 35 to 36. Trade notes mention deliveries to Columbus, Cincinnati, and Cleveland with assorted carton quantities and light stock levels.
MENTIONED IN THIS ARTICLE
Columbus
Gaia
Cincinnati
Cleveland
Chicago
Midwest
Creston Livestock Auction Totals and Prices
A Creston report shows 384 consignors selling 1 181 head of livestock at the Creston Livestock Auction. Goats moved from 18 to 46 dollars, a pony sold for 80, calves ranged from 40 to 60 dollars, and cattle and hogs across multiple categories posted varied prices. Sheep saw good lambs 348 to 852 per head in the mix, hogs and pigs with mixed prices, and cattle with choice steers at 57 to 60 dollars.
MENTIONED IN THIS ARTICLE
Creston
Economists see borrowing costs falling as rates ease
The Associated Press reports that business borrowing costs have hit a two year low as major banks cut their prime lending rate to 11.5 percent and the Federal Reserve lowered its discount rate to 9 percent. Economists forecast further rate declines next year and a slower recovery, with the National Association of Business Economists predicting a 10.5 percent prime rate by year end 1983 and a 3.3 percent GNP growth next year. The news comes as savings and bank deposit rates adjust after a six month T bill auction, and steel production slides to a 4.6 percent drop last week. National electric rates rose nearly 10 percent, lifting the average homeowner bill to about $36 monthly.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Federal Reserve
Wall Street
Mem
Bers
National Association of Business Economists
National Association of Regulatory Utility Commissioners
Chrysler showing conciliatory line in UAW talks
The United Auto Workers caucused with Chrysler negotiators in Highland Park and Canada as talks resume amid a strike that has shut 16,000 Chrysler Canada workers and 43,200 U.S. autoworkers. Negotiators described a calmer mood, but no immediate wage offer, while analysts estimate sizable losses from halted production.
MENTIONED IN THIS ARTICLE
Highland Park, Mich
Chrysler Corp
United Auto Workers Union
Chrysler
Canada
U.S
UAW
Marc Stepp
Chrysler Department
Chrysler Canada Ltd
Robert White
William Fisher
Chrysler Canada
Toronto
Stepp
Miner
Highland Park
Treasury bill yields fade after week of gains
Yields on three month and six month Treasury bills fell about half a percentage point, with three month bills at 7.944 percent and six month bills at 8.109 percent in the latest auctions. Private markets also show lower rates as banks prime lending drops to 11.5 percent.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Major banks cut prime rate to 11.5 percent nationwide
New York AP reports major banks nationwide lowered the prime rate by half a percentage point to 11.5 percent, the lowest since September 1980. An economist at an unquoted bank noted the industry-wide move followed last Friday’s Federal Reserve rate cut, and predicted his bank would likely follow.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Also Mentioned on This Page
Trregular agtaLthupla
Delraliea
Fundammlinys
Imperial
Wqivalemlan Kemper Common Stock Kowaneesern
NatlseckRsch
Mutuals
Vanguard West
Vanguard
County Grain
Loram County Farm Bureau Cooperative Association, Inc
Ineal Grain
Erere Storks
Bn Alcoa
AmCan Alta
Penney
Ahome
Pepsica
AmMot Fealy Pfizer
PhilMe Srf
Iss
Tw PhilPet
Armeo
Ms Quako
Sears
la Saelle
Cuisve Chrysir
Singer
CocaCi
Sperty
ColGas
Stoweag
Ty ConFads
Srering
Curt Wat
Texaco BO
Timlin
Ey DowCh
Drest
VO Ma — Ta duPont
Uniroy
Ty Esknd AG le
Uus Steel Eaton
Westgkatt Exxon
Weyerh
GaDyn
Pierre R Smith
Colenel BT
Amerstip
Sybron
McDad
Texas Utilities
Mead
Toledo Edison
Union Pacific Corp
Mobil
Woolworth
Creston Livestock
Associated Press
American Tron and Steel Institute
Amy Richards
United Auto Workers
Thomas Miner
Savings and Loan Associations
Adlow & Esantis
E. 26Th St. Lorain
Cleveland St. Elyria
Lorain CO
Anderson
Ansohio Savings
Transohio
Ransohio Savings
Transohio Savings Savings
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