Saudi warning halts tumbling oil prices
On the New York Mercantile Exchange West Texas Intermediate futures settled up 31 cents at 14.49 a barrel after King Fahd urged OPEC and non-OPEC cooperation to curb production. Prices had fallen to 13.75 earlier, the lowest since 1986, as analysts noted a global oil glut and OPEC quota concerns.
MENTIONED IN THIS ARTICLE
New York
Saudi Arabia
Fahd
OPEC
New York Mercantile Exchange
West Texas
U.S
George Konikowski
Smith Barney
Harris Upham & Co
Peter Beutel
Elders Futures Inc
New York Firms Dominate List of Highest Power Rates
Four of the top nineteen US power companies charging the highest residential rates are based in New York. New York City firms lead the nation, with pricing power edging toward the top of the chart.
MENTIONED IN THIS ARTICLE
State of New York
New York City
Stocks and metals market roundup across major centers
In Columbus and New York reports prices for eggs and metals. Eggs to retailers in Ohio cities were too few to report while Comex closing prices show gold at 428 per troy ounce and silver at 6612 per ounce. Nonferrous metals mark aluminum at 1195 per pound copper 102 cents a pound lead 38 cents zinc 69 76 cents and tin 46518 per pound. Mercury quoted 355 365 per 76 pound flask.
MENTIONED IN THIS ARTICLE
Columbus
Ohio Cities
New York
Mixed rates on new Treasury bills in latest auction
The Treasury sold 7 billion in three month bills at 7.21 percent average discount, down from 7.26. Six month bills sold for 7.41 percent, up from 7.40. Three month rate lowest since 7.18 on Aug 22, six month rate highest since 7.50 on Aug 29.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Eastern freezes non union pay through 1990 at 1986 levels
Eastern Airlines will keep pay for non union workers at 1986 levels until January 1 1990 and considers cutting benefits for about 15000 non union managers airport staff and clerical workers. The carrier also seeks court approval to eliminate 4000 jobs while issuing layoff notices to many employees.
MENTIONED IN THIS ARTICLE
Miami
Eastern Airlines
U.S. Court of Appeals
Washington, D.C
Eastern
Owen
Texas Air Corp
International Association of Machinists
Texas Air
International Union of Electrical Workers
Changing of the guard at Playboy Enterprises Christie Hefner to lead
Hugh Hefner abdicates as chairman and chief executive of Playboy Enterprises. Christie Hefner, president since 1982 and COO since 1984, will become chairman and CEO after the upcoming Nov 10 meeting in Chicago. Hefner to remain editor and publisher and act as chairman emeritus while maintaining influence from Los Angeles.
MENTIONED IN THIS ARTICLE
Chicago
Hugh Hefner
Playboy Enterprises Inc
Christie Hefner
Playboy
Chhef
Los Angeles
Hefner
Kimberley Conrad
Creston Auction Reports Strong Bids Across Livestock Classes
Creston livestock sale saw 334 consignors market 892 head. Prices ranged with calves 60 to 145, cattle mostly 40 to 72, sheep 17 to 60, hogs 30 to 42, and grain bids posted by Lorain County Farm Bureau Cooperative Association for wheat shelled corn oats and soybeans.
MENTIONED IN THIS ARTICLE
Creston
Hale
Lorai County Farm Bureau Cooperative Association
Ino Focal Grain
Osterday
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Orange and Rockland Utilities Inc
Northern Indiana Public Service
Merrill Lynch Utility Research Group
HEA Graphics
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NYSE
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Deere
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Sears
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Hatota
UnTech
Hanson
Tay WM UniTet
Pateil SP
HewiPk
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Unocal
Aia Ik
AmerShip
Qenter
CPC Inter Inc
Emerson
First Bancorp
Goodrich
Hills Dept 1 Industries
Ba Invacare
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Um Lesco Inc
Nordson
Northern Savings
Ohio Edison
PNC Cor
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Sunrise Medical
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Playboy Enterprises
Dad Hugh
Entre
Playboy Video
Bantam Books
Mitchell Tarr
TRW Inc
Manhattan Beach
Calif
Creston Livestock