Prices to drop to $1 a gallon in Ohio say dealers
Independent Ohio service station operators report weaker gasoline demand as economies strain budgets and unemployment rises. Dealers note stable wholesale prices but tougher retail competition, with many pushing repairs and towing to compensate. Some predict prices could dip just under $1, while total stations have fallen dramatically, squeezing each remaining shop.
MENTIONED IN THIS ARTICLE
Ohio
Mike Cunnen
Greater
Cunnen
Gene Stein
Central Ohio Gasoline Dealers Association
George Pastor
Northern Oil Petroleum Retailers
Stein
Pastor
UAW Chrysler Talks Drag On As Strike Looms Near Midnight
Negotiators from UAW and Chrysler press on with contract discussions amid a looming midnight strike against 43,000 workers. Key disputes include pay, health care, and cost of living allowances, with the union seeking wage raises and pension improvements while Chrysler pushes a modest two year package with potential co pays for health care.
MENTIONED IN THIS ARTICLE
Highland Park, Mich
United Auto Workers and
Chrysler Corp
Chrysler
U.S
Fraser
UAW
General Dynamics Corp
St. Louis
Caterpillar Tractor Co
Stocks surge as traders push prices higher after retail dip
Traders pushed stock prices sharply higher on Monday as a weaker economy raises doubts about Fed tightening. The Dow rose 11.87 to 918.69 after Commerce Dept reported Aug retail sales down 0.9 percent. Blue chips led gains with IBM up 1.5 percent and GM up 1.5 percent. techs like Teledyne and Honeywell climbed. Merger news boosted Missouri Pacific and Union Pacific. trading volume eased to 597 million shares.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Commerce Department
Fed
Bendix
United Technologies
Martin
McDonnell- Douglas
American Telephone & Telegraph
General Electric
General Foods
General Motors
Ford
Pfizer
Abbott Labs
Bristol Myers
Syntex
IBM
Teledyne
Honeywell
Digital Equipment
Texas Instruments
NCR
Missouri Pacific
Union Pacific
Western Pacific
Southern Pacific
Florida East Coast Railway
Egg price snapshot across Ohio and Midwest markets
AP report details wholesale and farm egg prices in Columbus and other Ohio cities with cartons and racklot values. Prices show large range by grade from 74 to 83 at farms and in retail, with Cleveland and Cincinnati figures noted and Midwest class prices listed for large and medium eggs and nest run.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Cleveland
Chicago
Midwest
Marietta Leads Bendix Takeover Battle On Wall Street
Martin Marietta Corp and United Technologies push a $1.5 billion bid for Bendix, seeking control of more than 50 percent of Bendix stock at $75 cash and a $55 swap. Bendix sues United Technologies over antitrust concerns while the two allies outline asset division if they win.
MENTIONED IN THIS ARTICLE
New York
Martin Marietta Corp
United Technologies Corp
Wall Street
Bendix Corp
Marietta
Bendix
United Technologies
United Tech
Nologies
U.S. District Court
Baltimore
Also Mentioned on This Page
Chronicle-Telegram
Elyric, O
By Thomas Rizzo
Associated Press
Business News
Strike
Ann Joe Woolley
Douglas A. Fraser
Thomas Miner
Chrysler Vice
Miner
Douglas Fraser
Trude Latimer
Evans & Co
New York Stock Exchange
Martin Marietta
Forain County Farm Bureau Cooperative Association, Inc
Ohio Edison
Parker Hannifin
Smucker Searle
We Southern
Sybron
Toledo Edison
Union Pacific Corp
Woolworth
Mierre
Weck
Handy & Harman
DIAL
Amer-Wash
Rerrus Fidelity-Pueitan
Jhn HinckVarty
MassFin- Mit
Vanguard Ivest
Vanguard
Selectric
America
Butler
Elmer Hume, Inc
Cleveland Avenue
Amherst
Ceur.en
Robert Burns
Eliot Fried
Shearson-American Express Inc
Benson & Hedges
Delune the
Wights
Ebenson
Hedges
Bmg
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