Gas prices rise

Gas prices rise

COLUMBUS

Gasoline costs slightly more this week at Ohio gas pumps, though it’s still much cheaper than the highs seen during the spring.

A survey from auto club AAA, the Oil Price Information Service and Wright Express shows Ohio’s average price for regular-grade gasoline is $3.60 a gallon, up 2 cents from last Monday’s $3.58.

Ohio prices soared to a record $4.16 for regular May 4 after a spike in oil prices as an anti-government uprising in Libya caused shortages of crude from that country.

Last year at this time, gas was a relative bargain in Ohio, with regular averaging $2.73 per gallon statewide.

Business in Ohio

COLUMBUS

Secretary of State Jon Husted said Monday that 6,831 new entities filed to do business in Ohio in June.

So far in 2011, the secretary of state’s office has assisted with 44,443 new business filings, an increase from 41,891 new business filings during the same time period in 2010.

“The number of new businesses selecting Ohio as the place to do business is heading in the right direction,” Husted said in a press release.

From staff reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .62, 21.79 —.36

Avalon Holdings,2.7024—.06

Clear Channel, .63 58.38 —1.15

Cortland Bancorp, 7.06—.06

Farmers Nat., .12, 4.85 .00

First Energy, 2.20, 42.88—.40

FirstMerit Corp., .64,16.28 —.25

First Niles Financial, .32,7.50.00

First Place Fin., .85—.01

FNB Corp., .48,9.95—.14

General Motors,29.10—.66

General Electric, .60,18.29—.12

Motors Liquidation, .0422.00

Huntington Bank, .04, 6.09—.05

JP Morgan Chase, 1.00,39.83—.15

Key Corp, .12,7.73—.20

LaFarge, 13.23 —.35

Macy’s, .40, 29.69—.29

Parker Hannifin, 1.48, 85.90—1.56

PNC, 1.40,55.93—.89

RTI Intl. Metals,33.29—.28

Simon Prop. Grp.,3.20,117.86—.93

Stoneridge 14.21 —.46

United Community Fin. 1.19—.06

Selected prices at 4 p.m. Monday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.