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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Apr 07, 1980

Page

16

Recession Expected to Worsen and Tax Cuts Considered

Washington report cites Director Alice Rivlin of the CBO predicting a recession perhaps worse than foreseen with a possible tax cut. Government data show mortgage rates at record highs as Klutznick forecasts a slowing economy and lower inflation by year end.

Washington UPI Alice Rivlin Congressional Budget Office Peeticoet Commerce Philip Klutznick Treasury G. William Miller Klutznick

Ford study shows women own 40 percent of new car purchases

Ford reports women controlled 40 percent of new car purchases by 1979, up from 15 percent in the early 1960s and 20 percent in 1971. The study notes women favor small and sporty cars, and view safety and value as priorities, while Ford rejects marketing women as a separate market.

Detroit UPI Ford Motor Co Ford Gordon B. MacKenzie MacKenzie

Banks face tough decade as holding companies expand

Dayton executives warn the 1980s will be challenging for banks as large holding companies grow through acquisitions and new laws allow branching across counties. AmeriTrust, Society National, BankOhio and Bank One expand into new markets, boosting lending power to hundreds of millions with group backing.

Dayton, Ohio Jack L. Ames First National Bank of Dayton First National Savings and Loan Ames Cleveland AmeriTrust and Society National Bank Cincinnati BankOhio Ohio Columbus Bank One Corp Fairborn Greene County Montgomery Warren Clinton Fayette Madison Clark Counties BancOhio Robert G. Stevens Stevens

Stock prices fall as Iran hostage tensions rise

New York stock prices declined in early trading as Ayatollah Khomeini said the 50 American hostages should remain under militant control at the embassy. The move signaled tougher actions against Iran and prompted a drop in market sentiment.

New York Iran Ayatollah Ruhollah Khomeini New York Stock Exchange Khomeini Carter Sony Corp Allied Chet Ion Alls Chalma Alcoa Cron - Me Amax Amer Airln Amer Can Amer Brand Amer Cyan Ts AE Power Ty Amer Motors Amer Tel&Tel Uw Amica Bell Howell Bendix Curtiss Wry U Dayton Det Edison Onl M & E Kodak Eatag Evans IBA Exxon Firestone Ford Motor Gen Motors Gondriva Goodyear Grace Great A&p Ais Greyhound Gulf NYSE American Stock Exchange

Suspected arson damages home in Lorain County

A fire of suspicious origin damaged the William McNatt home at 10298 N Marks Road in Columbia Township early Sunday morning. Thomas Burrington, 10138 N Marks Road, reported the blaze after smelling smoke at about 5:30 a.m. Fire crews found a gas can with gasoline near a furnace. the family was away. The incident is under investigation.

Columbia Station William McNatt N. Marks Road Lorain County

Realtors and scouts team for Lets Green America project

Lorain County Boy and Girl Scouts join BEA DRAKE Realtors in an annual program to plant 500 trees as windbreaks in Columbus Park Lorain on April 19. The event, part of Private Property Week from April 13, is coordinated by Ben Drake with officials Mayor Parker and Steven Bailey attending.

Lorain County County Board of Realtors Ohio Division of Forestry Columbus Park Lorain Meister Road Ben Drake Lehman-Johnson Gallery of Homes William Parker Steven Bailey Lorain Parks

Also Mentioned on This Page

Mrs. Rivlin Congress Ms. Rivlin NBC Meet the Press Vernon Jordan National Urban League Jay Janis Federal Home Loan Bank Board Janis Kutznick U.S. News and World Report the Chronicle Telegram Robert Penick Verson Allsteel Press Co Chicago Monster Dearborn, Mich Jerry Caribay Eas Geauga Lake Aurora, Ohio Geauga Lake Park Mid-Ohio Securities Corp Elyria Ament Adve” AO Securities Center SIPC Sestond Shyla Etyria Mon Chronicle-Telag Telephone & Telegraph Tennecy Texaco Timken Trans ¥ Corp UAL Inces Lin Carbide Uniroyal Foe Us Steel Dixie Walworth Xerox Zenith Radio Pierre N Smith Co Acme Cleve Amecwar Machine & Foundry Insmerican Ship Building American Standard Bendix CPC International Inc Dart Ind Emerson Ws Excellers Freehaut Goodrich IC Industries Koehring Lear Siegler Mid-Continent Tel Midland Ross A National Gypsum Ag Ohio Edson U Parker Hancufier Searle Ig Smucker Southern Corey Sybron Toledo Edison Tey Pacific Corp BUN. Woolworthtf Bea Drake America The Ohio Association of Realtors Seite Court and Broad St John B. Simpson
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