Heating oil prices seen dropping this winter
Analysts expect home heating oil to fall 5 to 10 cents per gallon from last year as crude oil prices decline. If crude remains low, broader inflationary pressure could ease, though gasoline prices have not yet fallen.
MENTIONED IN THIS ARTICLE
Robert A. Dietsche
Sun Refining & Marketing Co
Philadelphia
Trilby Lundberg
Lundberg Survey of
Los Angeles
Lundberg
West Texas
U.S
Organization of Petroleum Exporting Countries
Iran
Iraq
Jones
Middle Atlantic
S&L Regulator Defends Promissory Note Bailouts
The Federal Home Loan Bank Board defends its lending to rescue insolvent S&Ls amid congressional worry that debt could force a taxpayer bailout. The FSLIC has issued notes totaling 10.7 billion dollars, with critics likening it to a credit card. Regulators argue notes are cost effective, tax free, and faster to deploy, while lawmakers warn of delayed crisis resolution and future costs.
MENTIONED IN THIS ARTICLE
Washington
Savings and Loan
Federal Home Loan Bank Board
S&ls
Southwest
Federal Savings and Loan Insurance Corp
Bank Board
M. Danny Wail
Metal Prices and Grain Bids Reported in Markets
New York AP lists closing prices on Comex and Merc for metals including gold at 428 per troy ounce silver at 6612 per troy ounce platinum at 527 per troy ounce and spot nonferrous prices for aluminum copper lead zinc tin and mercury. Ohio sales to retailers noted with Lorain County Farm Bureau Cooperative posting bids for wheat corn oats and soybeans at market close.
MENTIONED IN THIS ARTICLE
New York
U.S
Lorain County Farm Bureau Cooperative Association, Inc
Kidron Auction Reveals Broad Livestock Slump and Steady Hay Demand
At Kidron sale Thursday lighter consignments showed hogs down with good hogs at 42.25. Feeder pigs and calf values mixed while Holstein cows and springer heifers remained in strong demand with cows 47 to 51.25 and heifers up to 1140. Straw and hay prices held steady around 90 to 125, with large round bales and ear corn also traded. total head reached 2,260 across 552 consignors.
MENTIONED IN THIS ARTICLE
Kidron
Lolstein
Investment boom lifts U S capital spending to record highs
Commerce Department reports businesses plan to spend 429.4 billion in 1987 after inflation, topping 391.6 billion set in 1985, signaling strong capital investment despite higher rates. Fed says July consumer credit rose 2.6 billion more than paid off, growth slows to 4.8 percent annual rate amid weaker auto and goods demand. Senate nears curb on textile imports, freezing 1987 levels with 1 percent growth thereafter, risking clash with Reagan administration before elections.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
U.S
Commerce Department
Federal Reserve Board
Fed
Senate
Reagan
Also Mentioned on This Page
New York Mercantile Exchange
Europe
Persian Gulf
Dubai Light
Middle East
Scott Jones
AUS Consultants’ Industry Analysis Group
S&l
House Banking Committee
FSLIC
Congress
Toby Roth
Rwis
Stan Parris
R-Va
Richard H. Lehman
Calif
Charles E. Schumer
Schumer
Istration
Fernand St Germain
Dri
Henry Gonzalez
Texas
Treasury
George D. Gould
MCA
TOY
NYSE
Marion
Masco
AMR
Alcan
OH Mobil
Amax
I Morgan
SHED
AltGr
Wa At&t
Amoco
MH Anhegs
PacTel L
ATT BankTr
PepsiCo
Baxter
Pfizer
Saloma
SaraLee
Aa Schimb
Sears
Tandem
Texaco
Sbia
Exxon
Toyru
Genetch
RAM M venRe
Gillete
Weyer
Gould
Y Wickes
William
Interco
IBM
johnJn
Krmart
He Lilly
BEM Me Limited
Mn Lilco
Columbus
Ohio
Sell Buy Amer-Wash Mutual
Dreyfus
Fidelity-Puritan
Hancock-Bond
Mass.Fin
MIT
Wa National Bond
Price
Templin
Growth
World
Vanguard-Wellgin
America
Kidron Livestock
The
eAonsored
Hardy Outdoor Mums
Sale
Forthofer’s
Fey
Sugg
AVON
Detroit Rd
Just West Rt
Lorain
Elyria
Cleveland
Paar
Amherst
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