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Corpus Christi Caller-Times from Corpus Christi, Texas • 34

Location:
Corpus Christi, Texas
Issue Date:
Page:
34
Extracted Article Text (OCR)

Corpaf CnstiCillriSgdnri ClOWodnasday Apr 20 1994 Jobless FROM PAGE C6 Wal-Mart from page ce Supercenter 103 percent from 130 percent and Kenedy 09 percent from 38 percent Corpus Christi had the fiflh-highest jobless rate among 26 state metropolitan legions trailing only McAllen-Edinbuig-Mission 168 percent Brownsville-Harlingen 124 percent Paso 113 percent and Bcaumont-Port Arthur 109 percent Opens: At 8 am today attar ribbon-cutting Whsre: Five Points area at 3829 US Highway 77 Employs: 580 Square feat Almost 200000 Features: Grocery dry cleaning shoe repair pharmacy McDonald's restaurant and other special services in the Wal-Mart Supercenter will be open from 7 am until II pm think it is really good that Wal-Mart and McDonald's are teaming up" Willis said adding that the nation's leading discounter and restaurant chain already have combined in several Wal-Mart stores in other parts of the country with great success The 36000-square-foot Wal-Mart at 1 1330 Leopard in the An-naville area which initially opemd in 1982 closed Tuesday and is being replaced by the supercenter about two miles away Schafer said that about 170 employees of the 380 working at the supercenter will be from the An-naviUe store He said he was rapidly Schafer said Arkansas-based Wal-Mart Stoics Inc al is building 131026-square-foot store which will be one of its largest conventional Wal-Mart stores in the United-' States near Crosstown Expressway and South Padre Island Drive That store is scheduled itkr open this fall according to company officials Wal-Mart officials said heavy customer traffic at the Ayers stige which is 86026 square fret prompted the company's decision to build and eventually relocate to the larger store near the districkof-fice of the Texas Transportation at 1701 Paftb? Island Drive hive itflecicd a new US Depart ment of Labor method of calculating jobless numben Some lute employment analysts say the new statistical method may mull in hiher figures for both employed and unemployed people Statewide the unemployment rate went foam 76 percent in Fein raary to 72 percent last month The jobless rate was 67 percent in March 1993 Rangel said Corpus Christi area job categories showing the most increases in employment from a year ago were services up by 400 jobs retail and wholesale trade up 200 and transportation communication and public utilities up 200l Ten of the 12 Coastal Bend counties posted larger unemployment rates in March than in March 1993 Recording jobless increases from a year ago were Aransas County 71 percent from 33 percent Brooks 109 percent from 98 percent Duval 123 percent from 111 percent Jim Wells 103 percent from 10 percent Kleberg 71 percent from 70 percent Live Oak 47 percent from 41 percent McMullen 20 percent from 17 percent Nueces 98 percent from 80 percent Refugio 77 percent from 39 percent and San Patricio 108 percent from 89 percent Counties with lower unemployment from a year ago were Bee Corpti (jgutiCalUfmid Business 9miy Up and Ideas eSi 886-3678 CaHarTma pleased with the quality of the area work force The Five Points site was chosen for the supercenter because it is an expanding area that is growing Trade Chrysler FROM PAGE C6 FROM PAGE C6 lion partially offset by a $42 billion surplus in services The January trade pp in goods and services was a revised $66 trillion with deficit of $113 billion in goods and a surplus of $47 billion in service! The February goods and services deficit was the highest since at least January 1992 a Commerce official said Commerce added services to its monthly merchandise trade report and renamed it the US international trade in goods and services report starting with last month's release Commerce also changed iu method of reporting trade in goods to a balance-of-payments basis from a census basi! Gus Russo owner of Lochmoior Chrysler-Plymouth on Detroit's east side believes the good times will last "This is he said "In the we were putting dcalsAo- gether with rebates no money down 60- month loan! It was all creative financing we were doing it with smoke and mirror! Today people seem to have real money Russo said Tuesday Chrysler was the first of the Big Three to report 1994 first-quarter earning! General Motors Corp and Ford Motor Co next week are expected to report quarterly profits of $1 billion or mofe each Chairman Robert Eaton said The company's board in March approved a $18 billion plan to expand production by more than one-third including adding capacity to build Grand Cherokee sport-utility vehicles and Dodge Ram pickup truck! Chrysler said sates of its trucks and minivans were up 26 percent from 1 first quarter The Chrysler company's share of the minivan market was 489 percent down from 305 percent a year ago but an indication that demand for the vehicles isn't cooling "We believe that the market's going to continue to expand" Valade said for future retiree benefit! Profits from operations that quarter were $330 million The company is selling mote can trucks and minivans and making more money on what it sell! Chrysler sold more vehicles in March than in any month in its history A company spokesman said profit-per-vehicle in the first quarter reached about $1200 up from $820 in the same period a year ago and up from $1130 in the final quarter of 1993 dealers have ordered just about all we can build through the remainder of the 1994 model year especially Dodge Ram Dodge and Plymouth Neon Jeep Grand Cherokee and minivans" Chrysler from S2 1 billion That could be important in the controversial issue of China's most-favored-nation status on which the vote is due on Gspitol Hill in June The issue of course is the removal of human-rights violations If MFN status is removed the Pacific Basin nations certain to exploit the Chinese pp would include Hong Kong Thailand South Korea and Singapore Regarding imports and exports economist Michael Niemira said the gain in imports "obviously reflects domestic economic strength manifested as it did in more consumer products automobiles" though industrial goods were well represented The trade gap in goods touted $139 bil- Spot Commodities Stocks in Spotlight Oil Futures Money Rates Mutual Funds FMm'c CM MB TOM (0) tar TnBv aptt 0 Mm IMJajlitHaJ "HlOTMi MB TON (J0S0R 4 pn tfi tat Back ItafeMT mm 0 cap i CNN 7MML71 ill ACATONfAP)-SUntac Mufti 4179 10 Bn cN tore re 5 8 ratal UCtfT taSTltt Mi 1 79 1079 Utf IMS 009mr JI7499 CHMUBltf pip 0 IMM 3U74nUMI4 MM IM IM -n MW -ft IIH INC ft 0ft 0ft -lft )lft 4 Jft 54ft -t ft jn ft 5 -Ift 99ft lft 39909 95770 M7409 4J3790 192159 921941 20910 97509 2924J0 244709 20930 217141 21090 25101 90440 IUCS NCN TOM (tf) Spat UK Aston i 1 Cp CM44 Mlpltfi CtfUtaMi lire Atom Star fe tore 4 Harare 194 7A4mBMksMI Sl tret 1 plR Itay i AT EM nun 490010 J00010 30-30 fttfMN NT Um I par M9M 490 154 tcrey 5 IhP 510 590 2025 I Statf tap tap44 1374 1370 9117 IB IMMtfil 3901 Mill 1710 -4441-440 4441 40C 2992)9 rtf pmftaMita fare tabs Ip VS VJ 491 1414 10-10 24 951 UN 990 1715 795 34 159 920 310 0 0 32 150 1)10 1140 21)0 2UM 2110 -4 111 is TiM Ml BVTMy STM SIC ITTf 0i0 01m 1ft 04ft ill 144122 10410 10440 GMHtf 981 BtfWf 0410 040 10494 taakatai tf 9im 0 4tfr 0410 04419 044 4 14440 10440 09440 OTC Actives Litas Lltap ns 421479240 ip I 0 PyMl WNNi BCti S3 tael Cmpi Skill TtfCreA 414 1 14175-3110 i mm 3 00-ms 3 imp 4 1294 0 Sta4l40iH I 1 5791310 Petroleum illS lptfIM I 950 TipmpvMp NIB TON (40 tarn pm 470 470 00 017 00 04 00 00 05 470 00 4U1 470 470 411 091 00 00 0S 4791 00 00 05 011 474 04 019 490 00 115 00 091 110 UN 910 00 910 00 00 00 MS 00 00 00 00 021 475 00 -0 -0 -4 -5 -0 -0 -5 -79 -0 -0 -0 -4 -0 -0 -0 414 a 477 A) 4471 99 144-4 23423 74 144 -4 14 JI 12 94 4 90 Ml Utf II 114-4 120 0 ms a 1117 -4 170 14 IM4 JI 110 -A1 B1 II 00 0 04 10 JI 44 At 90 JI Ji 111 994 4 10 Ji 741 10 94 0J2 -JI 110 4 00 0 110 -4 90 4 114 00 11 110-0 1147 0 410 4 021-4 1211 A 00 0V 0 110 -4 190 04 -4 00 -4 00-4 0ft t) 00-4 04-4 1119 0 120 UM 174 -4 047 4 00 4 1197 -4 170 JI 04-4 lift -4 00-4 Ml -4 919 4 110 4 14 110 0 11 IS 4 90 4 04 -4 94 4 00 4 071 -4 174 -4 atf 0 2 PIT tatar taB Atf In Jtf A SatfmitfNPNTUrfeitfl Pm prentftf Ip i- pm ITS im tf faretantfA II 30 Mretaatf Apr 5 121 itf B9 MM tail W0 awna Ip I atfApr 440 4040 tf 4pre 7J7 I Tff 5 )MT 1ftltf WMSMtfl 0010 0PP 10 hi Mi IBM I IB Btfnd tal tf htk Aitf )l 10 011 -0 -0 What Stocks Did ttfitfta 2924 Urntwm 002 taMSMMlti hm Sm hl I prr HI ButaSaBMlSpvUM lliMiM 1 I PH Bat Caret utf aaftiHi fttf MB nNAP)rM UNNfcfaftreprefelL Nriya BtfptatfR 04 ar p920 70 01 140 50 90 204 '00 11 -'J ISi '111 MtfNHB Stock Sales 00 05 00 00 km 00 00 0IS 00 -10 Jtf 491 00 05 00 -10 A 490 00 00 00 -0 00 00 0 021 -0 tf 470 50 00 071 -0 Are 0 4 05 00 490 -4 fata 31112 Bn 1 HmsmI 12701 American Sales mmwi-M AppmAptftaM urn TOM I tap XoltapMail art ta MX an I Si ax STOCK LINE SPONSORED BY CELUULARONF IMAGINE NO 5425 SP1D 945-7000 32179909 2710904 079090 2199410 1179001 214 4004 2320K4J0 444404 Tiprenap IBM 199341 III? Ip 1 hill Wta mi mi mu i Utf C0 14901 5 -0 70 70 0190 21ft ft 5J0 10 ft 4410 lft ft 400S0JIS M4 3051 0ft ft 349J0 11415 3M09 130 -10 3470 90-0 NT Tm ItftfA tab Chicago Futures anew tm Umi cm a 1745 BMlalre270l Mm a U970 190 BAD CREDIT? REPLACE IT IN 30 DAYS New Credit Breakthrough! Start A Brand New Credit Fite Get A Compiotety Fresh Start! AMERICAN PUBLISHERS NETWORK CjS Hra Sor FREE laaantad waaaaga 1-800-738-0222 III At IB 14 It 00-4 0M At air -4 an it an ji 194 414-4 114 114 in C8TTU vm 09 Cotton prices higher at closd BB Flee From any touch-tone phone Quote on NYSE AMEX NASDAQ mutual funds and money markets Prices updated during market day on a 15-minute delayed basis Use numbers'-' derived from ticker you do not know the ticker symbol call your stock -broker Example: SW Bel- symbol is SBC Enter 73 22 23 Tha NEW YORK Cotton futures No 2 dosed SO cents to $115 a bate higher Tuesday The avenge price for strict low middling l-l16-inch spot cotton advanced 14 points to 7798 cents a pound Monday for the seven market! according to the New York Cotton Exchange Futures Ticker symbol code: Ml Mis Recycle during Earth Week for extra cash! Reynolds Recycling Centers Earth Days Celebration April 21-23 Exchange this ad for a chance to draw a 2c 3C or 5c coupon to add value to your aluminum! Compete for cash prizes of $75 $50 and $25 for thq three largest loads of the three days! 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About Corpus Christi Caller-Times Archive

Pages Available:
2,028,080
Years Available:
1910-2024