Cleveland area consumer prices rise 4.8 percent in two months
The Bureau of Labor Statistics reports Cleveland area consumer prices jumped 4.8 percent from June to August driven by housing and financing costs. Over the year prices are up 9.8 percent with transportation and apparel also rising while food costs fell slightly. Cincinnati meanwhile shows minor grocery relief with small declines in two major food categories.
MENTIONED IN THIS ARTICLE
Cleveland
1S Bureau of Labor Statistics
Cleveland-area
Rice
William Rice
Labor Department
Cincinnati
Lorain County
Takeover war edges toward peace in Bendix Marietta clash
The New York Times and Washington Post report a tentative peace plan may swap Bendix stock for Martin Marietta stock with Allied also involved. Executives and bankers worked Thursday to finalize terms as four-way merger talks ease amid pressure from Bendix Marietta and Allied. Negotiations hinge on the stock swap details and asset exchanges, with Allied signaling progress and a possible end to the bid war.
MENTIONED IN THIS ARTICLE
New York & Pending
Martin Marietta Corp
Bendix Corp
Bendix
Fiant Allied Corp
Marietta
Allied
Bendix United Technologies Corp
Allred
Wall Street
Aled
Local Market Reports From Lorain County Fair
Yesterday’s market notes highlight grain and livestock prices from the Lorain County Farm Rares Cooperative Association. Wheat traded around 27 dollars per bushel, soybeans near 4.94, and egg and butter figures noted with miscellaneous prices.
MENTIONED IN THIS ARTICLE
Lorain County Farm Rares Cooperative Association
Metal price snapshot and poultry price notes
New York AP market summary shows spot nonferrous metals mixed with slight gains while lead zinc and aluminum move modestly. Handy & Harman daily quotes for silver and platinum cited. Columbus AP reports wholesale poultry prices with mixed class 1 and 2 large egg pricing and farm reports.
MENTIONED IN THIS ARTICLE
New York
Handy & Dharraan
Handy & Harman
Hye
Kidron Livestock Market Strong Yet Mixed Supply Slips
At Kidron Livestock Market figures show marked strength for pigs and calves with mixed demand. Consignors numbered 499 as the market stayed nearly steady with last week’s pace though calves and some beef cattle softened, while demand for hay and other feeds remained firm amid a crowded sale.
MENTIONED IN THIS ARTICLE
Miron
Kadeon
Haley
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Loran County Clearinghouse Association
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