Market mixed as favorable data fail to lift stocks
The New York stock market was mixed with the Dow down 223 to 1259.15 amid muted response to favorable reports. Labor and Fed data showed producer prices slowing and a rise in industrial output, but uncertainty over rates kept enthusiasm limited. Great Western Financial led early activity, while NYSE volume edged lower than the prior day.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Great Western Financial
NYSE
American Stock Exchange
Market roundups mix butter eggs and metal prices
AP reports mixed wholesale egg prices with large and medium classes partly up or down. Separate nonferrous metals update shows copper trading around 72.5 cents per pound, lead about 25 cents, zinc near 46 cents, tin near 6.45 dollars, and aluminum at 81 cents per pound. Gold and silver quotes include $394.75 and $10.43 per troy ounce respectively.
MENTIONED IN THIS ARTICLE
Foluwels AP
Maser
Hensight
Chicago
AP Mag
York
Handy & Harmon
Kidron Auction Consignments Show Mixed Livestock Movement
The Kidron sale features weight varied hogs cows calves and feeders with hogs down and dairy cattle slipping while feeder pigs and beef cattle hold firmer Meat prices list ranges for calves cattle and sheep indicate steady demand A special feeder cattle consignments sale is planned Monday at 7 pm with 54 hay and straw loads noted and prices per bale or ton listed Colonial market items include hay straw ear corn and firewood with multiple consignors and 54 loads of hay and straw recorded for the day.
Mead Corp Reports Third Quarter Earnings Rise
Mead Corp of Dayton says its third quarter earnings reached 16 million dollars, marking a significant improvement over 1982’s third quarter when the company posted 18 million dollars in earnings.
MENTIONED IN THIS ARTICLE
Mead Corp
Dayton
Nordson unveils new robots and lab plans in Amherst
Nordson Corp unveils its second robot the NRS-48 at Cincinnati expo and a lower priced NRS-Il model. It plans a $1 million laboratory in Amherst for robotics and wet and powder application tests as part of concentrating on core finishing equipment. Robotics and wet application operations move from North Ridgeville to Amherst. Doboy and AMPAK packaging divisions are up for sale.
MENTIONED IN THIS ARTICLE
Amherst — Nordson Corp
Nordson
Amherst
Satz
North Ridgeville
Doboy
SIG Swiss Industrial Co
Neuhausen Rhine Falls
Cincinnati
Westlake
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