Stocks Rally Despite Mixed Ohio Prices On Grain And Poultry
Market closes mix across Ohio and national listings with Lorain County grain prices showing wheat at 4.01, shelled corn 2.46, oats 1.60, soybeans 6.21 per bushel. Regional wheat and soybeans vary with Northeast, Northwest, and Central zones reporting assorted per bushel values. Butter and eggs prices appear in Columbus and Cleveland trucklot notes, while New York and Chicago US average price reports show steady wholesale levels and average weights.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Northeast Ohio
Northwest Ohio
Central Ohio
Ohio
Cleveland
Cincinnati
New York
Usda
Bute
Chicago
Lacocca Leaves Roundtable Over Chrysler Aid Dispute
Chrysler chairman Lee Iacocca withdraws from the Business Roundtable amid battles over federal help for the automaker. He cites lack of trust and says the group opposed government rescues, while Chrysler seeks 1.5 billion in loan guarantees as it plans 1981 car lines to revive the company.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Chrysler Corp
Lee Alacocca
Business Alliance
Iacocca
Chrysler
Business Roundtable
Tacocca
Gas stations overprice fuel says Lundberg Letter
The Lundberg Letter reports about 40 percent of full service stations overcharge regular gasoline by the 15.4 cent ceiling. It notes self-service violations at 10 to 12 percent, while DOE audits show improvement from prior levels.
MENTIONED IN THIS ARTICLE
Lundberg
Los Angeles
Energy Department
DOE
Irregular Dividends and Payable Dates in Global Securities
Fragmented list shows dividends and payables across numerous companies including Magnetics Intl Hormel Occidental Pet and Detro it Edison with dates 12-12 12-28 and others. entries note Canadian funds and various record dates, some unannounced, with multiple stock and bond references amid unclear context.
MENTIONED IN THIS ARTICLE
ayCo
Hormel Geo
Kent Free Spe
Ind Cp
Akshis
Hormel Gta
Fst Penn P
Flarnishfeger Cp VO
Nuldecur &Asch
Tavaco Vad
Darkwall Alcon
Petrolane Inc N
Cagle
Andeasey Egular Atco Ltd
Funds Beneficial Co
Bird & Son
Rastmet Cp
Pottsk Oystem
WRG
Tnt
Repibhie
Rirandel
Sondering
Oriental Cadit
Murmatng
Webb Co
Pestourne Inet Hou
Carmdvan
Lorain banks pay dividend and small business updates
Lorain National Bank directors declare a regular 35 cent per share dividend plus a 5 cent year end extra, payable Dec 31 to Dec 14 shareholders of record, totaling $1.45 per share or $543,892.75 for 1,275 holders. Funtime Inc. reports 66 cents a share for year ending Oct 31 on $16.3 million in revenue, down from 69 cents as attendance fell to 855,000. The Greater Cleveland Growth Association invites two programs on small business topics, plus Hyde Products’ Edward Heidenreich to speak on tube-making and pollution control. United Airlines adds a Cleveland to NYC freighter service. Ohio Accountancy Board elects Thomas B. Watson, Jr. as president. free IRS SBA seminar for small firms is announced. Lorain County Home Builders Christmas party and installation banquet set for Dec 14 at De Luca's, Lorain.
MENTIONED IN THIS ARTICLE
Lorain National Bank
Lorain County
Funtime, Inc
Geauga Lake Park
Aurora
Gascoigne
Council of
Greater
Edward E. Heidenreich
Hyde Products, Inc
Westlake
Fabricating Manufacturers Association
Rosemont
Ill
Anaheim
Calif
Heidenreich
Home Builders Association of
de Luca
Lorain
Family Business Talk on Succession in Cleveland
Dr. Leon A. Danco will discuss succession and continuity in family owned businesses at the December meeting of the Family Business Association of Cleveland. The event starts at 6 30 p m and is held at the Marriott Inn at 1271 and Chagrin Boulevard. Danco serves as president of University Services Institute and The Center for Family Business.
MENTIONED IN THIS ARTICLE
Leon A. Danco
Family Business Association of Cleveland
Marriott Inn
Chagrin Boulevard
Danco
University Services Institute
Center For Family Business
Prime rate drops to 15 percent as banks cut lending costs
Major banks cut prime rates to 15 percent signaling a peak in rate hikes. Only two of 20 top banks held steady with several others lowering to 15 percent or 15.4 percent amid slackening loan demand and cheaper funds. Analysts expect more cuts if money markets stay loose and the Fed maintains an easier stance. The move could ease consumer borrowing later, though full effect lags for smaller borrowers.
MENTIONED IN THIS ARTICLE
New York
Bankers Trust Co
New York Stock Exchange
Bankers Trust
UPI
Uae
Sunorbir
Mutuals
Amer -Wash Mutual
Ar Sregius
Atel Fidelity Puritanion NL
Vanguard
Lvest
Wellington Pees
Wall Street
Bankers Trust of
St. Louis
St. Louis County Bank
Southwest Bank
Ameritrust Co. of
Cleveland
Lorain County
Federal Reserve
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Humphrey-Cavagna
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AuWerter’s
Fred AuWerter
AuWerter
Outfitters, Inc
Ted Goodman
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Grafton
James E. Dove
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United
NYC Freight Flight
United Airlines
Cleveland Hopkins
Kennedy International Airport
New York City
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Ohio Accountancy Board
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CPA
Public Accountants
Certified Public Accountants
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Watson, Rice & Co., Inc
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Internal Revenue Service
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