Housing Starts Drop Sharply as Builders Face Hard Times
The Commerce Department reported a 1.7 percent September drop in housing starts to 918,000 annually, with multi family construction slumping and single family rising 2.8 percent to 615,000. Builders warned of bankruptcies and lender takeovers as mortgage rates stay high, while permits also fell to 844,000. The Realtors noted mortgage rates averaged 17.32 percent in August and first time buyers earned a median income of 33,100.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Department
National Association of Realtors
Opening stocks market reverses slide in early trading
The Dow rose 4.18 to 951.31 as the market opened higher reversing a recent decline. Personal spending slowed in September while income rose 0.8 percent, signaling a cooling economy. Citibank kept its prime rate at 18 percent amid mixed early results from major issues.
MENTIONED IN THIS ARTICLE
New York
Commerce Department
Citibank
Grain price roundup and egg price notes from Ohio and Chicago
UPI reports average cash grain prices paid to farmers in Northeast Northwest and Central Ohio with wheat corn oats and soybeans. Prices are listed for No 2 and No 1 grades and show little change. AP notes egg sales to retailers in Ohio cities with price ranges for Large A White and Medium cartons. Chicago wholesale egg prices yesterday were unchanged with various classes listed.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Northeast
Chicago
Midwest
Llarge
Nestre
Creston Livestock Auction Totals 357 Consignors
Creston lists 357 consignors selling 1138 head plus 12 goats. Calves range mostly 25 to 86 dollars with various grades. Sheep and hogs show wide spreads with steers and cows priced by quality and category.
MENTIONED IN THIS ARTICLE
Creston
Lorain County Community College Deal Report
Local college officials announce a publicized agreement involving Lorain County Community College. Details describe a negotiated arrangement with an organization for facility use and student program support. The item highlights expected impacts on enrollment, resources, and campus partnerships.
Also Mentioned on This Page
Sond'jfmamjjas
National Association of Home Builders
Texas
Herman Smith
Farnad Ont
Kreinese
Savings and Loan
Association
Michael Sumichrast
Reagan
Sumichrast
Business News
Kathy Byland
Beatrice Foods
International Telephone and Telegraph
American Home Products
US. Home
Exxon
American Telephone & Telegraph
Math Domtar Inc
Ally Power
Bn- Olin Cp
Owens CF
Eastern Utila
MAT Allis Allid Cp
Owens Tl
Equitable Gas
Alcoa
Pan Arm Air 2A
Hiqmesake Sing
AMAX
Penney
Josaphsn
Am Airlines
Heenn
Lila Bs
Renin
PepsiCo
Am Motors
Polaroid
Preway Inc
T&t
AF Armes
Premer
Saunders Lease
Bendix Cp
Proc & Gam
Seligman Latz
Beth Steel
RCA Cp
Sonycpadr
Repab Steel
Amerean
ASML
Reynolds
Me Soutien Co
Sears
Suprun Energy
N.Y
Colgate
Amona Carbida
UnitedTech
Ounce, Handy & Harman
Zimmer Homes
Mercury
Consul
Texaco
Zions Utah
N.Y. Curtiss
Dayton
Eccomalley
Firestone
Bt Cities Service
Ford Motor
CPC Inter Inc
Emerson
Elec
Excelle
Gen Foods
Fruehauf
Goodries
Gen Pvt L8fb
LC. Industries
Goodrich
Lear Siegler
Goodyear
Grace W260
Nidland-Ross
Great Arp
Greyhound
National Gypsem Hsalt Oil
Ohio Edison If
Hanna Minuet Parker
Randfin
Hersh F
Searle(g.d.)co
Smucker
Hospt
Southern Co
IC Indus
Cdn Occident
le Norsk
Central Sthrst
Columbia Picture
Creston Livestock
the Golden Crescent Disposal CO
Lorain
Broadway
Mid-Ohio Securities Corp
CLEVE
Omyria
Spitzer Park
Roza Bidig
Drona
Eyne
Lorain County Community College
Opruspuinlir Ob
Cleveland
Little
Italy
Directed By
Vincent Dowling
Murray Hill
Babre Dowling, Madyson Branstelles
4Nimes Osborne
Visa & Mastercard
LCCC
Elyria
Saver
Lorain County
Lorain County Savings & Trust CO
Middle Ave
P.O
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