Major foreign purchases eyed to lift grain prices
Grain market experts warn the strong dollar does not lift prices for corn wheat and soybeans. Ohio Farm Bureau official Alan Brugler notes German currency weakness and lower U.S. prices. Limited foreign credit and political instability hurt sales to Eastern Europe and Mexico. Russian purchases could help but 750 000 metric tons is insufficient. officials estimate 10 billion bushels may stockpile this year. Ohio corn grower John Stevenson remains cautiously optimistic that price moves may follow active international buying.
MENTIONED IN THIS ARTICLE
U.S
Columbus
Alan Brugler
Ohio Farm Bureau Federation
Brugler
Europe
Mexico
Midwest
Bruce Weinard
Toledo
Cargill Inc
John Block
Circleville
John Stevenson
Ohio Corn Growers Association
Stevenson
Stocks Market Continues to Give Ground in New York
The New York stock market fell again as the Dow Jones industrial average slid 19 points to 896.06 in early trading. Losers led gainers by about 2 to 1 on the NYSE as analysts warned that recovery from the recession appears unlikely in the near term.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Metal prices and leaders index drift amid earnings outlook
Metal prices in New York show copper 70 to 72 cents per pound, lead 24.29 cents, zinc 42 cents, tin 6.2306 dollars per pound, aluminum 76 to 77 cents, and gold around 397 dollars per ounce while silver hovers 0.710 dollars per ounce and mercury and platinum quotes are noted. The government's index of leading economic indicators falls 0.9 percent in August as traders expect more bad news from Q3 earnings reports. Republic Financial Services leads the active list, Dow slips 10.02 to 896.25 after a 204,200-share block trades at 42.
MENTIONED IN THIS ARTICLE
New York
Handy & Harman
Hanry & Harman
Republic Financial Services
Kidron Auction Heavy Consignments Amid Good Demand
Kidron consignments Thursday showed heavier numbers across hogs calves and cattle despite near perfect harvest weather. Hogs and feeders traded near steady with good demand. dairy cattle consignments planned Oct 11. hay demand strong.
MENTIONED IN THIS ARTICLE
Kidron
Pheasant Run Village seeks bids for asphalt patching
LaGrange Ohio seeks bids for asphalt patching of streets this fall. Work includes pothole cleaning tack coat and asphalt filling. Some areas need a spreader box. Bid price based on tonnage. Submit quotes to PAY Association P O Box 522 LaGrange Ohio 44050 by October 14 1982.
MENTIONED IN THIS ARTICLE
Pheasant Run
Diagonal
LaGrange
Ohio
P.O
Ghia
U S Steel sells headquarters to help Marathon debt
U S Steel Corp sells its 12 year old corporate headquarters in Pittsburgh to the California State Employees Retirement System for 200.1 million to raise cash for the 6.2 billion Marathon Oil buyout. The 64 story Triangular Building houses Rockwell Heinz and others and will keep existing tenants and name.
MENTIONED IN THIS ARTICLE
Pittsburgh
Marathon Oil Co
U.S. Steel Corp
State of California Employees Retirement System
U.S. Steel
Michael A Della Vecchia
Allegheny County Recorder of Deeds
Rockwell International Corp
H.J. Heinz Co
Mobil Oil Corp
Marathon
Grant Street
Civic Arena
Petersen
US Steel
California
Edmund Brown Jr
Public Employees
Sidney McCauslan
Burger King Ad Battle Hits Federal Court Over Tapes
McDonald’s sues to obtain videotapes and market data behind Burger King’s new $20 million ads claiming taste superiority. Judge Spellman allows sharing with McDonald’s attorneys. BK accuses McDonald’s of trying to gain confidential marketing info. Next hearing set for November.
MENTIONED IN THIS ARTICLE
Susan Fostlewaite
Associated Press
Miami
McDonald’s
Burger King
McDonald's
Gary Senner
U.S
Eugene P. Spellman
Spellman
New York
Hamburger Giant
Also Mentioned on This Page
Elyria
Chronicle-Telegram
Weinard
U.S. Department of Agriculture
Business News
Alcoa
Singer
Ahome
SauPac
AmMot
Sperr
Anchor
Ty Armco
Sterlig
Ashlail
Texaco
AtRich
Timlin
Ule
Yas Bendix
Uniroys
Westge Borden
Weyerh
Cpcist
Whirlplay
Celanse Wolwth
Chrysir By
Xerox
Immussve
Pierre R Smith
Cocall
AmerShip
American Standard
Bendix DewCh
duPont
Cleveland
Elec Tilch
EsKod
Elis
Atte
OPC Inter Ine
Bae Eaton
Emerson
Exxon
Excello
Goodrich
IC Industries
Aote
Fordm
Lear Siegler
Midland-Bass
Omo Edison
Gmot
Parker Hanmfin
Searle
GaPac
Baty Gillette
Smucker Southern Cy
Gdreeh
Goodyr
Sybran
McDrim
Manus
McOnd
Lth
Mead MMM
Mobil
Owenc
Gwenlll
Pepsi
Kidron Livestock
Short On Cash Company
Peter Mattiace
David M Roderick
Melvin Petersen
Sacramento
Calif
Della Vecchia
Allegheny County
Burger
Gary Davidson
WBEA
Harold Rorick
Second St
Lorain
Oberlin
THE
Travelers Insurance Company
Hartford, Connecticut
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