Stock market slips as rates rise
New York AP reports a slight market decline as higher interest rates appeared. The Dow Jones average of 30 industrials fell .33 to 1,216.21 in the first half hour.
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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 21, 1984
Page
5
New York AP reports a slight market decline as higher interest rates appeared. The Dow Jones average of 30 industrials fell .33 to 1,216.21 in the first half hour.
AP report notes eggs sales to retailers in major cities with cartons of extra large A white 69 72 cents per dozen large 68 71 cents medium 32 55 cents small 33 37 cents. Producer reports say light-type hens too few. Midwest price report shows wholesale prices unchanged Class I large 55 cents Class II large 52 cents Mediums 43 cents smalls 36 cents nest-run breaking stock 0 cents checks 45 to
New York spot prices show copper 624-65 cents, lead 24-26, zinc 48, tin 36.1366. Gold 33475 per ounce, silver 712 per ounce, mercury 315-3320 per 76 lb flask, platinum 327-8329. Grain closes: Wheat 309, shelled corn 3.13, oats 2.15, soybeans 5.40 per bushel.
Metro Computer Resources leaders William Price and Thomas Gary announce an open house in Heritage Commons at 419 N Main St Lorain County with four free seminars from 8 30 a m to 5 30 p m next week to boost local computing know how They aim to tailor training systems planning and software development for small and large clients including GM suppliers and regional businesses
Washington AP reports a tentative contract between the soft coal industry and the United Mine Workers union. President Richard Trumka says the deal offers wage and economic gains with no givebacks and could avert a strike. If ratified by miners, it would be the first strike-free agreement since 1964, involving 160000 union members and 32 Bituminous Coal Operators Association companies.
Gerald Graham argues that change accelerates and that employee resistance stems from inconvenience and job insecurity. He recommends involving those affected in the change process, using informal conversations to gather input, and balancing participation with decisiveness to save time through greater commitment.
Reflect on a recent change you led by answering yes or no to ten questions. Rate 9 or 10 as excellent, 7 or 8 as well managed, 6 or fewer as poor. Include whether you shared why, held input meetings, allowed time, accepted suggestions, explained rejections, informal comments, availability, clarified purpose, educated staff, and allowed anxieties.
Prices rose 0.6 percent in August, the steepest in four months, with food up 0.6 percent and clothing up 0.9 percent the largest since 1980. Housing gained 0.6 percent as inflation for the first two thirds of 1984 runs at 4.2 percent. Analysts say the August jump may be the sharpest for the rest of 1984.
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