Record USX work stoppage deepens with no settlement in sight
USX Corp furnaces stay cold as 22 000 United Steelworkers continue a nationwide strike now past the 1959 record. Analysts warn settlement may slip into next year while union and company remain far apart on wage cuts and non union job contracts. The dispute affects 25 USW plants in nine states amid bankruptcy filing and looming unemployment benefits shifts.
MENTIONED IN THIS ARTICLE
Pittsburgh
USX Corp
United
Dick Fontana
Bonesyed
Menth Dang
U.S. Steel
USX
David Roderick
USW
Lynn Williams
U.S
Pennsylvania
Illinois
Texas
Bradford
Creston Livestock Auction Sees 363 Consignors Market 1040 Heats
Creston auction monday sold 1040 heats from 363 consigners. Calves ranged from 45 to 85 dollars with crosses and cattle figures. Cattle listings included choice steers 60 to 64.50 and good cows 48 to 41.85 with various feeder and butcher categories. Eight loads of hay and straw brought hay first cutting 55 to 67.50 dollars and straw 37.50 with straw at 80 cents per bale.
MENTIONED IN THIS ARTICLE
New York
NYSE
PhilMr
SouthCo
SwBell
At&t
SupMk
AmesDo
Syntex
Amoco
Tenaco
Texaco
BukTr
BellAd
Bevriy
Gou
Il A.m
Chase
Pierre R. Smith
Chevin
Allied Corporation
Contel
CPC Inter. Inc
Bherson
Fruehaus First Bancorp
Wss
At Goodrich
DowCh
BOM Sdi A EC. Industries Bau duPont
Lear Siegler
EastAir
LCB Bancorp
LNB Bancorp
Exxon
Fedesco Inc
Ws Fmc
Mordson
Fednm
Ohio Edison
Parker Hannifin
Tis ‘Smucker
Utilities
Metrotventh
Gcmnm
York International
Eta Gmot Se
Ys Mutuals GaPac
Goodyr
Halleth
Ay Amer-Wash Mutual
Harris
Vareyfus
Fidelity-Puritan
Hewipk
Hancock
Joborn
Tcva
World
Kmart
BOM Slo
Ye Vanguard
MerLyn
Loring ‘Va
Mobil
Ve Monsan
Ee Creston
Creston
Hale
Ohio GM plants hit by Indiana strike and radio parts shortage
GM layoffs spread across Lordstown Norwood Moraine and Dayton suburbs in Ohio as a weeklong Delco Electronics strike in Kokomo ind leads to a parts shortage. About 6 000 Lordstown workers and 4 300 Norwood employees are idle with others furloughed, until early December.
MENTIONED IN THIS ARTICLE
General Motors Corp
Ohio
Indiana
Lordstown
Cincinnati
Dayton
Moraine
Helen Paes
Paes
Delco Electronics
Kokomo
Ind
Bill Bowers
United Auto Workers
Norwood
Herb Stone
Stone
Tom Brady
Fairfield
Bowers
Goodyear to cut about 680 Akron area jobs
Goodyear Tire & Rubber Co. announces a three month restructuring that will eliminate about 680 jobs in Akron, mainly salaried positions at the technical center and corporate headquarters. The layoffs come as the company fights a takeover bid and follows stock buyback activity. Further reductions may be announced this week.
MENTIONED IN THIS ARTICLE
Akron
Goodyear Tire & Rubber Co
Ronald Fountain
Goodyear
Fountain
James Goldsmith
Rates dip on Treasury bills in Monday auction
Washington authorities reported a fall in short term rates as the Treasury sold 8 billion dollars of three month bills at 5.35 percent and 8 billion of six month bills at 5.39 percent. Both rates eased from last week.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Dollar dips in Europe as markets await durable goods data
The U S dollar eased against major currencies in early European trading while gold fell after gains in Hong Kong. Traders attributed the move to expectations that U S growth will slow and focused on Tuesday’s durable goods report. A Dow Jones survey foresaw a 1.7 percent drop in October orders after September’s 5 percent rise.
MENTIONED IN THIS ARTICLE
London
U.S
Europe
Hong Kong
Dow Jones
Also Mentioned on This Page
J. Bruce Johnston
LTV Corp
Fontana
William Kesiar
Creston Livestock
Alcoholics Anonymous
Elyria
Chronicle- Telegram
Chronicle-Telegram
Cuyahoga
The
Associated Press
Lordstown Assembly
State Bureau of Employment Services
Cumberland
New
Toronto
Ontario
Robert Mercer
Adler-Royal
Royal Business Equipment
Cleveland ST
Elyria Lorain
Lorain
Ane
Lorain Port Authority
Port of
Steven G. Luca
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