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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Sep 24, 1985

Page

8

Market prices and livestock counts from yesterday sale

Yesterday's market at CHUSIDg listed Wheat 241, Shelled Corn 211, Oats 100, Soybeans 491 per bushel. 334 consignors sold 834 head livestock plus 3 goats and 6 pigs for 3350 total. Calves, cattle, sheep and hogs priced with varying grades and weights. figures include steers 43-56, heifers 51-54, beef cows 37-41, and sows 28-34 among others.

Ney NYSE At&t Amoco BokAm Broswk duPont Bastar EsKod Exxon Gene Wea Kmart Kroger Lora Matsuk McDad Aye Mellon MerLyn Oakindoer PacLig Panam Lala Papl PepsiCo Prmanze PhilPtsl Consgnors Peter Male Peter

T-bill Yields Fall Again In Monday Auctions

Washington AP The Treasury sold 4.5 billion in three month bills at 6.81 percent, down from 7.17 percent last week. Another 4.5 billion in six month bills went at 7.05 percent, down from 7.32 percent. These are the lowest levels since mid June and early July.

Washington Treasury Treasury Department

How the U S sells dollars to boost exports

The United States may sell dollars to stabilize currencies and promote trade. Under Fed NY action, a U S bank agent sells dollars to a foreign bank in exchange for marks or yen. The currency move is a bookkeeping entry, not physical cash, and aims to influence exchange rates and export competitiveness.

Federal Reserve Bank of New York

Dollar interventions and their impact on trade deficit

The discussion covers how dollar weakness can boost U S exports by lowering prices abroad, with past actions totaling 580 million in early interventions and potential moves over 1 billion. It notes risks of inflation, taxpayer costs, and the political debate between market freedom and government action, citing Treasury Secretary Baker and Reagan administration positions. The question of timing suggests 12 to 18 months before full effects are felt.

United States

Reagan tax overhaul would raise coal taxes over five years

A Price Waterhouse study for the National Coal Association says Reagan's tax overhaul would lift coal industry taxes by about 180 million in 1986 and total over 1 billion over five years, curbing production and costing thousands of mining jobs. Regions with existing poverty and unemployment would be hit hardest.

Washington Reagan National Coal Association Price Waterhouse

25 offers received for troubled UPI

United Press International has received 25 offers from potential purchasers including several substantial proposals from well-heeled offerors. Judge George Francis Bason Jr. accepted a Bear Stearns Ladenberg Thalman report and said Peterson Bibb and Freeman will sift through proposals and report to clients and creditors' committee.

Washington United Press International George Francis Bason Jr UPI Bear, Stearns & Co Ladenberg, Thalman & Co Wire Service Guild Brian Freeman Bason Iff Peterson Bear Stearns Porter Bibb Ladenberg Thalman and Freeman

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