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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 11, 1990
Page
6
The S&L bailout sparks regional anger as officials estimate costs from 160 to 500 billion dollars. Citizens fear higher taxes, reduced services, and a nationwide wealth transfer while lawmakers debate who pays and how.
Creston Livestock sold 323 consignors with 761 head auctioned on Monday. Wheat straw at 55 dollars. Calves ranged from 55 to 88 cents for various grades. crossbreds 91 cents to 1.95. bull and heifer calves 90 cents to 1.80 and 1.20 to 1.627 dollars. Sheep sold 50 to 62 dollars for good lambs and 42 to 50 for mediums. sows 38.50 to 45. boars 42. Cattle prices: choice steers 71 to 78 dollars. goods 65 to 71. Holsteins 55 to 74.10. choice heifers 70 to 73.50. good heifers 60 to 70. feeders and utility grades listed with several ranges. Holstein feeders 345 to 74 dollars.
AP reports closing prices on the Comex and Merc for metals. Gold 378.60 per troy oz, Silver 4.755 per oz, Platinum 85.40, Palladium 102.85 per oz. Aluminum 0.81, Copper 1.3380, Lead 0.5052, Zinc 0.76-0.79, Tin 3.7557, Mercury 260-265 per 76 lb flask.
BP America and BP Oil will compensate about 500 minority applicants for clerical job discrimination during 1988-89. A conciliation with the Office of Federal Contract Compliance Programs outlines one time payments averaging about 890 each and 25 extra clerical positions for qualified minorities.
Federal prosecutors plan to present a range of unproven crimes at Michael Milken's sentencing after his April guilty plea to six felonies and $600 million penalties. Judge Kimba Wood will review the government report, with potential testimony from Ivan Boesky.
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