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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Apr 06, 1984

Page

1

Area banks raise prime rate to 12 percent amid wider trend

Banks across the region boosted the prime rate to 12 percent following similar moves by New York and Cleveland lenders. Officials say the rise signals a broader upward trend in rates, with some banks matching the move to stay competitive, while the Fed's discount rate remains unchanged for now.

New York Cleveland

Challenger Launch Marks Rare Space Repair Attempt

Cape Canaveral AP Five astronauts aboard Challenger launched into 290 mile high orbit to repair a crippled solar observatory. Commander Robert Crippen led an all rookie crew in a record setting 11th shuttle flight with 11 people in space. The mission carried 3,300 honeybees and 11 tons of experiments including 13 million tomato seeds to be dropped and recovered next year.

Cape Canaveral Fla Challenger Earth George Nelson Mission Control Florida Robert Crippen Atlantic Ocean Atlantic Crippen United States Soviet Union Air Force James A Abrahamson NASA

Jobless rate holds steady in March as economy adds jobs

Washington and Columbus report March unemployment steady at 7?8 percent nationwide after a six month decline streak. Ohio rises to 10.2 percent amid a modest payroll gain of about 250,000 and a labor-force increase near 220,000, leaving the overall rate little changed.

Washington Columbus Ohio

Cox Warns Private Interests Threaten Democracy at College

In Oberlin Archibald Cox, Watergate special prosecutor and head of Common Cause, warned that private money and lobbying endanger representative democracy. He cited Nixon’s tapes battle, praised court action, and urged caps on campaign spending, PAC contributions, and partial public funding to curb influence.

Oberlin Richard Nixon College Assembly Watergate Archibald Cox Nixon Republican National Committee Cox US Supreme Court Congress Common Cause Cox Political Action Committees PACS PAC

Also Mentioned on This Page

NBA Kareemed Los Angeles Lakers Kareem Abdul Jabbar Las Vegas Nev Wilt Chamberlain National Basketball Association Robert Penice Robert Bowman Lorain County Savings and Trust Co Bill Nash Elyria AmeriTrust Banc Ohio Central National Bank Huntington National Bank National City Bank Society National Bank Federal Reserve Bank Marty Abrams Federal Reserve Bank of Cleveland Federal Reserve System Fed Board of Governors Federal Reserve Banks Steve Fogarty Economc Amherst David Robinson Amherst Area Jascoes Tommy's Recreation Center Church St Robinson Jaycees Gene Krebs Brian Miller C-T
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