Americans Remain Immune to Gold Fever
New York AP reports Americans still show little demand for gold as prices slide from $200 to about $164 an ounce in 30 months since legality. Analysts cite strong dollar, stock gains, and inflation easing, with coin demand modest but steady in some banks and brokerages amid forecasts of further declines.
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Beirut violence escalates as groups join fighting
In Beirut clashes multiply as youths fire from rooftops and bombs hit stores and homes. The unofficial death toll exceeds 100 with 200 plus injured as Phalange and Palestinian factions trade blame after a bus attack and church incident.
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Farm Bill Conferees Approve Lower Cost Measure
A House Senate conference panel backed the cheaper farm bill raising 1975 target prices and dairy supports, but a presidential veto remains possible. The compromise mirrors the House bill at about 210 million dollars, with dairy price hikes debated and administration estimates higher.
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Industrial output still falling in March but shows signs of easing
The AP notes March industrial output declined 1 percent the smallest drop since October with autos driving the slowdown. Dow Jones climbs 8.13 to 815.08 as car makers report weak early April sales, while consumer goods rise for the first time since summer.
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Agriculture Department
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