Extra duties on imported steel urged by Nobel economist
Nobel laureate Lawrence Klein told a UPI report on the U.S. steel crisis that domestic mills face injury from subsidized imports and that redress against subsidies could mitigate recession damage. He testified for Republic Steel Inland Steel Jones and Laughlin National Steel and Cyclops Corp as British officials urged rejecting duties.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S. International Trade Commission
Lawrence Klein
University of Pennsylva
Republic Steel
Inland Steel
Jones and Laughlin Steel
National Steel
Cyclops Corp
Klein
Gordon Sambrook
General Steels Group
British Steel
United States
Opening stocks rally lifts market toward Labor Day weekend
New York price action showed a broad market advance as the Dow climbed 14.44 points to 923.84 in early trading. Analysts attributed enthusiasm to the Dow breaking above 900, a bond market rally, and foreign money rotating into dollar securities amid Latin American tensions. Notable early movers included American Express and Xerox, with U S Shoe and Sears also advancing.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
U.S
Mexico
Shoe
American Express
Xerox
Sears Roebuck
Dow Jones
Kidron auction consignments surge after rains ease field work
Ohio farmers delayed by rain boosted Kidron Auction offerings with 2,278 head and 54 loads of hay and straw. Hogs topped at 66 60, feeder pigs and sows hit new highs. cattle varied and dairy cattle steady. Prices for calves, goats, sheep, and horses included, plus regional grain bids and New York metals quotes.
MENTIONED IN THIS ARTICLE
Kidron
Ohio
CitiBank official forecasts brighter Cleveland future
Citibank vice president Peter H. Crawford says Cleveland and the industrial Midwest will lag recovery but improves ahead. He cites three factors affecting the region: end of the recession and strong capital goods industry as positives, plus decentralization of industrial production which will shift but transform the Midwest. He compares changes to New England in the 1950s and 60s and 70s, predicting a second lifecycle and eventual employment gains above 1979 figures, though several years are needed.
MENTIONED IN THIS ARTICLE
Cleveland
API
Citibank
Peter H. Crawford
Midwest
Crawford
New England
Chicago
Detroit
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Nia
U.S.A
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Belgium
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Amy Richards
Rockwil
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ORK
RoperCp
Bendix
Alcoa
Ye Sears
AmCan
Chromalloy Cities Service
Aeipwr
Elec Nt
Am Motors Ste wWn
CPC Inter
Armco
Tenneo
Emerson
Beth Steel
Texaco
Excella
Boein
Fruchaul
Borir
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Col Gas
Wstvac
National Gypsum Ohio Edison
CmwEd
Wheeling St
Parker Hannifin
Searle
Cossa
WinaDx
Smucker
Southern Co
Zemtr
Texas
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Eastern Arrou
Pierrer Smith Co
Eaton
Acme Cleve
Union Pacific Corp
Woolworth
Farstone
Ford Motor
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Hanna
Hershf
Icindus
Inco Ltd
OwenMll
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PhilaEl
Kidron Livestock
Lorain County Farm Bureau Cooperative Association
Ino
Handy & Harmman
Handy & Harman
Whitetail Hunter
Eee
Middle Ave
Elyria
El-A-Co
El-A-Co Electronics, Inc
Lake Ave
MLYWA
Lorain
Business News
Pardner
Pardner's
Lorain County
Pardiner
Bank Elyria Savana: & Trust National Bank Wn
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