News Journal from Mansfield, Ohio (2024)

1 2.C NEWS JOURNAL, MANSFIELD, OHIO Wednesday, May 24, 1989 Business SS labor Commodities Livestock CHICAGO (AP) Futures trading on the Chicago Mercantile Exchange Tuesday: Open High Low Settle Chg, CATTLE 40,000 cents per lb. Jun 70.65 Aug 66.55 Sep 68.00 Oct 68.85 Dec 70.55 Feb 71.00 Apr 72.00 Jun 71.35 sales 16,458. open int 84,788, up 815. FEEDER CATTLE 44,000 cants per lb. May 77.20 Aug 78.00 Sep 78.10 Oct 78.40 Nov 79.05 Jan 79.55 Mar sales 2,079, open int 13,354, up 43.

HOGS 30,000 cents per lb. Jun 49.20 Jul 49.50 Aug 47.25 Oct 43.50 Dec 45.50 Feb 46.65 Apr 44.40 Jun 47.70 sales 8,100. open int 30,221, off 176. PORK BELLIES 40,000 cents per lb. May 36.65 Jul 36.00 Aug 36.00 Feb 52.60 Mar 52.75 May Jul Aug sales 7,021, int 24,446, up 114.

Grain 71.15 70.62 70.97 67.37 66.52 67.17 .75 68.00 67.80 67.80 69.32 68.82 69.17 70.92 70.50 70.82 71.25 70.87 71.25 72.20 71.85 72.20 .20 71.35 71.15 71.30 77.30 77.05 77.07 78.50 78.00 78.30 78.55 78.10 78.10 78.60 78.25 78.50 79.27 79.05 79.17 79.55 79.40 79.75 78.75 49.30 48.55 48.65 47.40 46.82 47.07 49.50 48.90 49.10 43.75 43.32 43.65 45.65 45.42 45.52 46.75 46.55 46.65 44.40 44.30 44.45 47.70 47.45 47.70 36.65 34.15 34.32 36.50 33.80 34.80 .25 36.20 33.70 34.45 54.00 51.35 51.57 52.75 51.00 51.25 53.45 51.50 48.50 CHICAGO (AP) Futures trading on the Chicago Board of Trade Tuesday: Open High Low Settle Chg. WHEAT 5,000 bu minimum; dollars per bushel Jul 3.95½ 3.96% 3.924 3.95 Sep 4.03 4.03 12 4.00 4.02 .00 Dec 4.15½ 4.16½ 4.12½ 4.14¾ .00 Mar 4.20 4.21½ 4.18¼ 4.20¾ May 4.11 4.11 4.09 4.10½ .00 Jul 3.83 3.83 1 3.80½ 3.801 Mon's sales 17,561. Mon's open int 59,352, up 2,143. 5,000 minimum; dollars per bushel CORN won 88883 2.60 2.53 2.65 2.49 2.561% 2.57 2.50 2.67 2.54¼ 2.60½ 2.52 2.45 2.64 2.50 2.55½ 2.65 2.55¼ 2.52¼ 2.50¼ 2.45¼ 03 .04 .03 .03 Jul 2.59 2.61 2.56 2.56¼ 03 Sep 2.47 2.47 2.47 2.47 sales 50,345 Mon's open int 163,908, up 2,034. OATS 5,000 bu minimum, dollars per bushel 1.76½ 1.721 1 1.75 Sep 1.81% 1.82 2 1.79 1.80½ .00 Dec 1.90 1.90¾ 1.87 4 1.89¼ Stock reports.

NEW YORK (AP) The stock market fell in moderate trading Tuesday as the market took a breather amid concern about the dollar's strength and the pace of economic growth. Stocks of Yesterday's closing A.G.Edwards Sons. Abott Labs AGEdwards Ashland Oil unch. Banc One BrowningF 3 Coca-Cola Colum Gas 41 Conrail unch. Copperweld unch.

Cyclops Cp. 27 Dana Corp. 413 unch. Donnelley Dresser Ind. unch.

Emerson El. Fed Signal Gannett GM GE GEO Int. GTE Goodyear 3 Gor-Rupp Harsco Holiday Inn 48 unch. IBM Kroger unch. Limited unch.

Mar 1.9814 May Mon's sales 2,045. open int 9,288, off 213. SOYBEANS 5,000 bu minimum; dollars per Jul 6.94½ Aug 6.85½ Sep 6.68 Nov 6.68 Jan 6.74 Mar 6.81 May 6.89 Nov 6.60 Mon's sales 44,445. open int 94,239, off SOYBEAN OIL 60,000 lbs, dollars per 100 Jul 22.20 Aug 22.45 Sep 22.68 Oct 22.75 Dec 23.10 Jan 23.25 Mar 23.65 May 23.40 Jul 23.40 Aug 23.40 sales 20,741. open int 72,678, off SOYBEAN MEAL 100 tons; dollars per ton Dec 195.00 Jan 196.00 Mar 194.00 May 193.50 Mon's sales 25,723.

open int 58,257, off 1.981 1.97 1.97 1.99 bushel 7.04 6.99 6.90½ 6.83 6.87 6.701% 6.61 6.65 6.68 6.52 6.54½ 05 6.74 6.621% 6.62¼ 6.821 6.71 6.73 04 6.89 6.76 6.78 .06 6.60 6.58 1 6.58½ 928. lbs. 22.35 21.85 21.90 18 22.50 22.10 22.12 22.68 22.25 22.27 .25 22.78 22.35 22.37 27 23.15 22.68 22.68 37 23.32 22.85 22.85 .32 23.70 23.35 23.35 .25 23.40 23.40 23.37 .33 23.40 23.40 23.37 43 23.40 23.40 23.37 43 777 Cash grain This morning's grain prices at Shelby Equity: 2.57; ear corn, 2.47: crop corn. 2.25: oats, 1.90; new crop oats. 1.60; wheat.

3.65; new crop wheat, 3.65; soy beans, 6.97; new crop soy beans, 6.18. Prices at Mid-States Terminals Inc. in Mansfield: shell corn. 2.61½; new crop corn, 2.26½; wheat, 3.84; new crop wheat, 3.73: soy beans, 7.06½; soy beans. 6.29½.

Dollar-Gold 197.00 194.00 194.00 196.00 193.00 193.50 196.00 193.00 193.20 193.50 192.00 192.00 LONDON (AP) The dollar was stronger against most foreign currencies except the British pound in active European trading late this morning. Gold prices fell. Gold opened in London at a bid price of $362.75 a troy ounce, down from late Tuesday's $364.35. At midmorning, the city's five major bullion dealers fixed a recommended price of $362.50. In Zurich, the bid price was $362.50 compared with $364.25 late Tuesday.

Earlier, in Hong Kong, gold rose five cents to close at a bid $364.02. Silver was quoted in London at a bid price of $5.17 dollars a troy ounce, down from Tuesday's $5.26. DOW JONES STOCK AVERAGES Open High Low Close Chg. 30 Ind 2488.82 2501.83 2467.19 2478.01 20 Trn 1158.64 1166.40 1149.09 1155.56-5.50 15 Ut 200.75 201.70 198.79 199.38- 1.66 65 Stk 950.64 955.96 942.37 946.66- 7.60 NYSE 10 MOST Tex Util GenElct FstBk Sy PotomEl IBM Smith Beck Exxon WarnrComm EstKodak 1,234. AMEX 10 MOST ACTIVE Close Chg.

FruitLoom MagmaCppr Intl Bnknot MCShip 15 DWG Corp 14 WstDigital NY Times 12 EchoBay Diasonics 2 15-16 TexasAirCp Penny Pincher changes manager MANSFIELD Robert Lowrie has been named manager of the Penny Pincher, a free distribution shopper which is published by Ingersoll Corporation, parent company of the News Journal. The shopper's office is at 50 N. Walnut St. Lowrie has been employed in the advertising department of the News Journal since 1984 and had been a supervisor for United Parcel Services prior to the newspaper job. He and his wife, Carolyn, have two grown children and reside in Ashland.

Effective June 1, Lowrie replaces Dave Gilchrist, current Penny Pincher manager, who will assume new duties at the News Journal. LOWRIE Seminar slated at Ashland ASHLAND Ashland University's master of business administration program will host an employee relations seminar June 2 and 3 for area business leaders and graduate students. "Employee Relations and Productivity Into the '90s," the fifth and final MBA seminar this year, will be held from 8 a.m. to 5 p.m. June 2 and 8 a.m.

to noon June 3 in the university's Library Lecture Room. It will feature J. Michael Gerard, vice president for human resources with the F.E. Myers Co. in Ashland.

For more information, call 289-5214. Famous front pages displayed ONTARIO The Richland Mall Merchants Association will host a "Famous Newspaper Front Pages" exhibit Thursday through Monday. About 120 newspaper front pages will detail the excitement, sorrow, hope and pain of Americans during some of the most important events in American history. Rubbermaid official speaker MANSFIELD Patricia Sacha, manager of advertising, sales promotion and public relations for Rubbermaid Inc. of Wooster was the featured speaker Tuesday at a Marketing Club of North Central Ohio meeting in the Mansfield Holiday Inn.

Sacha directs all communications for Rubbermaid product lines, including network television, national print, packaging, point-of-pur- MANSFIELD Russell J. and have bought Apple Hill Orchards, Amity Road, Fredericktown. The new owners intend to occupy ises by mid-June and to open the in late June. Apple Hill was previously owned family. The orchards are located in for the wholesale operation.

The Jack Webber is manager of both Business hours will be announced The Joudreys are moving from a Joudrey is formerly of Mansfield. Mansfield lawyer MANSFIELD Mansfield attorney dent of the Richland County Bar State Bar Association Negligence convention in May in Toledo. A member of the American Bar the Ohio State Bar Association will discuss "Recent Developments Barbara (Zaugg) Joudrey recently 1101 Lexington-Ontario Road, and the Lexington-Ontario Road premretail store in time for cherry season and operated by the Ed Hartzler Fredericktown, which is the center Mansfield location is the retail outlet. locations. at a later date.

small farm in Rhode Island. Mrs. to speak James A. Calhoun, former presiAssociation, will speak at the Ohio Law Seminar at the group's annual Association Litigation Section and Litigation and Labor Sections, Calhoun in Intentional Torts." Mansfielder repeat winner MANSFIELD Amy C. Moore of South Linden Road has won first place for the second year in row with the Country Home Collection, an Ohiobased company which sells hand-crafted country items through home shows.

Moore was honored this month for her sales achievements which includes $72,000 in sales 1988. She won a piece of jewelry for her efforts. The Mansfielder also received first place recruiting, with 17 new people joining her sales force last year. Moore also had 193 home shows in 1988, more than anyone else in the company, which operates nationwide. She and her husband, Jim, have two children.

During a special convention in Youngstown, five members of Moore's crew were also Loudonville; Ann Hall of Worthington; Debbie Jeanne Reardon, Westerville; and Marcia Ashcraft, Consumers blast Columbia Gas rate increase COLUMBUS (AP) The Public Utilities Commission of Ohio may rule today on Columbia Gas of Ohio's request to indefinitely delay a decision on a $23.1 million rate increase, a move that could bar any chance for a rate decrease. Ohio Consumers' Counsel William A. Spratley said the company earned $48 million last year and does not need a rate increase. He said Columbia Gas profits account for 43 per- White negotiations going down MANSFIELD Negotiations between White Consolidated Industries and union workers at the company's Mansfield Laundry Division plant are expected to go down to the wire Friday, when the contract between the company and union expires at midnight. Charles Slone, president of Local 711, International Union of Electrical Workers, returned to the bargaining table today in Columbus, headquarters of WCI's major appliance division.

The contract also involves two IUE locals in New Jersey and Florida. Four hundred members of Local 711 voted unanimously May 13 to strike if a contract agreement can't be reached. NCTC Means Business Now more than ever, for a person to get and hold one of the better jobs in business, solid skills and advanced education are vitally important. NCTC can help you prepare to get a better job in just two short years. Choose from five different majors for an Associate Degree: Accounting, Business Administration, Computer Information Systems, Hospitality Management or Secretarial Administration.

The goal of each program is to give you a firm foundation upon which to build your business future. Accounting is very popular. Business Administration gives a well rounded understanding of business theory, practice and law. Additionally, demand for skilled service managers and computer literate marketing professionals continues to grow. A variety of day, evening and weekend classes make it easy for you to attend NCTC.

Classes begin June 19th. Call Admissions for an appointment, or apply in person 8 AM to 5 PM weekdays. Ask about financial aid and deferred payment. Do it today. NaTC NORTH CENTRAL TECHNICAL COLLEGE Mansfield, Ohio 44906 The Job Placement Leader North Central Technical College MOORE honored: Kim Diehl of Iodine of Mt.

Vernon; ACTIVE Close Chg. 31 34 109 62 1 M44 cent of its parent ings. "This company is for the entire Columbia Spratley said in a unconscionable for enrich itself with hikes after reporting profits in 1988." company's earn- Columbia Gas System, a holding company, reported of $111 million last year, the profit center to documents the utility Gas System," the federal Securities statement. "It is Commission. this utility to two more rate But Columbia Gas spokesman such excess phen Gerard said profits from a "weather blip." multistate "We had a cold winter," he said, earnings adding that higher rates are needed according to fund employee pay raises and new filed with equipment.

Exchange "We have not had a rate increase in more than three years," Gerard said. Steresulted Spratley asked PUCO to reduce Columbia's rates by $16.8 million. local interest quotations furnished by May Co. 42 unch. McDonald's National Ohio Edison Penney PepsiCo PPG Sears Serv.

Mdse unch. Stone Cntr. Tandy United Tel Wendy's Westg Elec. Over the Counter Am Greetgs 25 Figi Int. 91 unch.

1stFed Wooster unch. Huntington 21 MCI Nor Am Nat unch. Park-Ohio Society Trustcorp Worthg Ind to wire THE NEW PEOPLES FEDERAL "Let's talk about weekends on the water. Or on the open road." Lane Make Boats float and RV's rove, but both serve the same general purpose- getting away from it all with family and friends. With a little help from your friends at Peoples, this can be the summer it all comes together.

We have simple financing plans, including both conventional and home equity loans. Our service is prompt and professional. And our interest rates are extremely competitive. So stop at your local Peoples branch, and ask for details. Ask about our auto loans, too.

We're an equal opportunity lender. OLD FRIENDS. NEW STRENGTH. Peoples Federal Member FSLIC. A Subsidiary of First Bancorporation of Ohio.

Downtown: 522-2311 Ashland: 522-4530 Park Ave. West: 522-4525.

News Journal from Mansfield, Ohio (2024)
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