Cost hits 75 billion yearly due to US corrosion
UPI reports US industry wastes 75 billion dollars annually to corrosion, with 40 percent of steel production replacing rusted parts and half the steel loss in autos. Frost & Sullivan and others note rising anti corrosion spending, via coatings, cathodic protection, and inhibitors, while substitutions to fiberglass and polymers grow.
MENTIONED IN THIS ARTICLE
New York
UPI
U.S
National Bureau of Standards
United States
Houston
Purchasing Magazine
Frost and Sullivan
Petroleum
Detroit
Inflation Woes Hit Stocks Says NYSE Economist Freund
Dr. William C. Freund, chief economist of the NYSE, says inflation is the stock market’s nemesis and a slowdown would boost prices. He cites tax policy and a shift to cautious investing as factors, and foresees a growth recession next year even as inflation lingers.
MENTIONED IN THIS ARTICLE
Terry Atlas
Chicago Tribune
Carter
William C. Freund
New York Stock Exchange
Freund
NYSE
Vey
Fingerprint tech fights forgers with inkless Touchsignature
New York UPI reports Oscar Pieper of Indenticator Corp markets Touchsignature a doorknob sized inkless fingerprint device used by banks to deter forgers. It marks only on paper with two colors, returns prints if needed, and serves as a deterrent rather than routine ID. Banks report low public objection to inkless ID.
MENTIONED IN THIS ARTICLE
New York
UPI
Oscar Pieper
Indenticator Corp
San Bruno
Calif
Touchsignature
Pieper
Hanover Trust Co
Midwest
Far West
Europe
United States
Steel output rises in July as 1978 outpaces 1977
Domestic raw steel production and capacity utilization climbed in July according to the American Iron and Steel Institute. The July utilization rate reached 85.1 percent, up from 76.7 percent last July, while year to date output for 1978 totals 7.12 million tons, well above the 3 (note: ensure entities preserved)
MENTIONED IN THIS ARTICLE
Washington
UPI
American Iron and Steel Institute
AISI
Industry Trade Association
Inventory specialist to address APICS Sandusky chapter
Steve Black of Ernst & Ernst Consulting Firm in Cleveland will address the Sandusky APICS meeting Thursday. He is a nine year management consultant and certified managing accountant specializing in production and inventory control. His talk, Storing and Locating a Needle in a Hay Stack, covers random warehouse systems at the Twine House in Huron with cocktails at 6 dinner at 7 and speaker at 8. Members pay 7.50 non members 8.50. Reserve by Monday with Dick Boose at Gould Inc Milan Ohio or call 626-0604 499-2541.
MENTIONED IN THIS ARTICLE
Steve Black
Ernst & Ernst
Cleveland
Sandusky
American Production and Inventory Control Society Inc
APICS
Black
Twine House
Huron
Dick Boose
Gould Inc
Lockwood Road
Milan
Ohio
Grain price report from Ohio elevators top lines
UPI reports the latest average cash grain prices paid to farmers in Ohio by elevator markets in six regions after Thursday to today. Northeast Ohio No 2 wheat 308, No 2 shelled corn 195, No 2 oats 128, No 3 soybeans 616. Northwest Ohio No 2 wheat 3, No 2 shelled corn 193, No 2 oats 125, No soybeans 6 39. Central Ohio No 2 wheat 313, No 2 shelled corn 97, No 2 oats 1.48, No 2 soybeans 6 37. Wheat and corn mostly unchanged, soybeans down slightly.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Northeast Ohio
Northwest Ohio
Central Ohio
Superman to Find New Dressing Room as Phone Booths Fade
Clark Kent will have to seek new changing rooms as Bell System outdoor phone booths are phased out nationwide. Aluminum and glass booths with folding doors are retired to boneyards amid vandalism and rising maintenance costs. The move pushes customers toward drive up walk up and mounted pay phones open to the elements.
MENTIONED IN THIS ARTICLE
Clark Kent
Topeka, Kan
UPI
Superman
Krypton
Bell System
Southwestern Bell News Services
George Chaffee
Chaffee
Stock market soars on strong economic news
New York AP reports the stock market rallied after Labor Day as the Dow Jones industrial average jumped 6.67 points to 900.38 in early trading. Advances led declines 3 to 1 on the NYSE, driven by unexpected drops in money supply and the wholesale price index as credit tightening appears to slow the economy.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
NYSE
Federal Reserve
Fed New York
UPI
UAL Inc
Lis Chalmers
He ‘Utd Srand
US Steel
Anal Ke
Western Union
Aurin
Ise
Aby Mwinte Motor Whielpool
American Ship Building
Bobbie Bris
Bendix
Borg Jarner
Chromadloy Cives
CPC International
Cincinnati
Emerson
Coca Cola
Colgate
Mg Edison
Te Industries
Oehrigg
Con NG
Aay
Lear Siegler
Ats
Conn Pwr
Grou Ltd Peat Ba
Cho Edison
Curtiss W
Parker Hannifin
Dayla
Searle
Deteart Bais
Smucker
Beulhemn Co Uh DuPont Sa
Ta Syhron
East Kodak
Ealon
Uoine Paeiie Corp Oy
Im Woolworth
Evans
Firestone
Ford Motor
Gen Electric
Sukat
Goriich Laz
Ince
Goodyear
A&p
Fremont GeniCo
Greyhound
Hanna
JC Inds
Ti Humana
Man Kellogg
Kenecott
Ah Krall
Olin Corp
North & Western
Cdn Impenal Bk
Owen NL
Penn Central Y Dow ‘Chemical Recoie Ly
Penney
Premier Indust
Polarod
Pillips
Rochton
Prem
Procter & Ga
RCA Cor
Hi Rep Steel
Aluminum
Rohms
Rubbermaid
Guitard Mills
Sears
Columbia Picturs
SpRand
a+ M
Stu Brand
Columbu Pictures
Ind
Id Oyl Ca
Lok Ltd
Ohio
Tenneco
Alleghny Finney Bazigit Texaco
Canal Japdolphie
Champion
Chesapeake
CoaCtaBtuln
Commbwit
Conroy
CnalCpRityIny
Corning Glass Az
CrestmontonGas
Ehrenreich Photo
Envirotech
FairwildCambat Wiad Fieldcrest Mills
DIA
K Syces farmSprinkts
Lobe Indust
Guilford Malls
Hatteras IncSec
Kawer Reaves Jumans
Leeds & Northrup
Parole Lightoffer Inc toPacific
Tree
RahallCommon Aldgwi
Toone
Transcanada
Uslife IncFd
Pal
VolumeShoe Cp
Ohio farm market prices and egg poultry reports
Lorain County Farm Bureau Cooperative Association reports yesterday's grain close with Wheat 3.05, shelled corn 1.84, oats 1.40, soybeans 6.13 per bushel. Ohio egg cartons sold to major retailers in cities with Large A 72-81 cents, mostly 72-74, medium 49-62, poultry hens scarce. New York USDA reports butter prices steady with wholesaling levels unchanged: Class L large 53, Class 2 large 47, mediums 42, smalls 33, nest-run 45, checks 35.
MENTIONED IN THIS ARTICLE
Lorain County Farms Bureau Cooperative Association, Inc
Columbus
Ohio
New York
USDA
Also Mentioned on This Page
Chroniclegram
Elyria
Bureau of Standards
Frost & Sullivan
National Association of Corrosion Engineers
Inconel
Monel
Xerox Corp
Webster, N.Y
Wall Street
American Bankers Association
Larry G. Standen
Concord Ave
Business Chronicle
Leon Rubin
Insurance ‘Corner
V Donald
Schultz
Brent
Harold Horick
Ant Roap
Pont Sarg
Inane
Rorick
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