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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Nov 25, 1980

Page

6

Chrysler posts October profit amid high rate pressures

Chrysler Corp reported its first monthly profit since 1978 in October aided by K car sales but warned that higher interest rates threaten fourth quarter profits. Lee Iacocca said early November demand was weak and dismissed fears of a $300 million fourth-quarter loss, citing rising rates as the main problem.

Detroit UPI Chrysler Corp Lee A. Tacocca Automotive News Iacocca Chrysler Jacocca

Labor resists fear as robots enter U S plants

Unions show limited alarm as automation grows. UAW supports retraining rather than job loss, while experts predict gradual, knowledge-based shifts. With only about 3,000 robots in use and monthly production near 100, the transition emphasizes upskilling in maintenance and skilled trades.

Ford Big Mahway N.J UAW Charlie McCarthies Dick Martin Martin Jules Mirabel General Electric Dennis Wysnoski Air Force Aerospace Industry ICAM U.S

Automation and jobs debated by industry leaders

Industrial robotics pioneer Joseph Engelberger argues automation raises living standards and productivity, citing telecommunication and elevator tech as examples. Ford and UAW officials discuss retraining, skill needs, and equitable job shifts as robot use grows, while Worldwatch Institute notes potential “jobless growth” and possible shifts to the tertiary sector.

South Joseph Engelberger Animation UAW Martin Ford Worldwatch Institute Colin Norman Norman

Stocks Open Higher as NYSE Trading Begins

New York stocks started up with the Dow Jones index edging ahead 0.85 point to 979.60 after a 11.18 point drop on Monday. The tape showed 318 advances to 295 declines among 924 issues, with about 2.6 million shares traded in early action.

New York UPI New York Stock Exchange Standard & Poor S&p

Metal price roundup and farm market notes from New York

A snapshot of spot metal prices including copper lead zinc aluminum and precious metals with quotes from Handy & Harman and NY sources. Also notes on Poultry farm prices, USDA dairy and egg price reports from Cleveland Chicago and Midwest markets, with wholesale egg prices varying little to down.

New York Odin Handy & Harman Waly Danly Handy & Harmen USDA Buster Chicago Midwest

Market grain prices from Lorain County Farm Bureau Coop

Yesterday's closing market prices show Wheat at 4.77 per bushel, shelled corn 3.33, oats 2.00, and soybeans 8.56 per bushel. Ohio regional prices listed include No 2 wheat 4.68, No 2 shelled corn 13.34, No 2 soybeans 4.4, and various regional entries with noted declines and inconsistencies in the report.

Ohio

Merrill Lynch's Advice On Undervalued Stocks

Merrill Lynch presents a list of 32 unrecognized values in today’s market. The foreword notes broad market gains since spring lows and warns investors to verify price changes before acting. Named stocks include Albertsons Arizona Bank Best Products and Crown Cork and Seal among others.

Merrill Lynch Albertsons Arizona Bank Baldwin United Best Products Cabot Corp Church’s Fried Chicken Control Data Crown Cork and Seal R.R. Donnelley Family Dollar Golden West Financial G. Heileman Brewing Host International Lear Siegler Lennar Corp Litton Industries Mission Insurance Group Morrison Inc Washington State Pay N Pak Stores Pay 'N Save Pennzoil Co Pitney Bowes Southwest Air Sperry Corp Trinity Industries United Energy Resources U.S Air U.S. Bancorp Valley National Bank West Company Whittaker Zurn Industries Anna Merjos Merril Lynch

Also Mentioned on This Page

Chronicle-Telegram Elyria, O Tua Federal Reserve Board Gordon Richardson Arthur D. Little George Sutton Lawrence Livermore Laboratories California Peter F. Drucker Wall Street Journal Drucker John Fulmer Robotics Institute of America Cincinatti-Milli Business News Robert Penick Paul F. Guy Ford Motor Co Ford Technology Interchange Committee United States NYSE Ally Power Ty Texaco Hershey Hs Chin Corp Ammer Aari IBM Corp Ammer Belloga Loken'Stee Ty Manel Dasae Mr Med PO Porlworth Buble Brees Berox Mobi Corp Monearis Midterra Can Pac Gan Cook United CPC Interastumal Dueytom Phila Ceiba Det Editon Exelon Phil Petrol Th Frockacl DuPont Piilaen Eastman Steger Mid-Continent Firestone Widland Fore Ford Motor Me Boyne Unio Feline Ryn Bannifin Sam Motor Hokun Jar Searle Patcbeertiger Fu Sarmmeter Sarifra Vie Bay Oy Een Fung Southern Ca Ersy Lh BO Ind Ty Union Paoli Corp Gull Otser, My HP Wooleorth Cleveland C-T Les Forte Hogan Mertex Inter Niven Artliner Hepublie Columbus Finn Um Mutuals The Lorain County Farm Bureau Cooperative Association, Inc Pal Central Mo Sal Amr Pritan investVarity Northwest Rebecca Moore Burlington Northern Lines Chu Mid-Ohio Securities Corp Marribowey Brite Bettico Savistrition Deetbary Trac EPC Lowain CLEVE EL YR Pr Pier i Trac &. Erie EPA CHEM Ofrig Sues West
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