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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 09, 1984
Page
3
Stocks move higher in early trading as the Dow gains 1.57 to 1133.79 in the first half hour. Gainers lead losers 5 to 3 as NYSE listed issues show activity and buying among investors.
Westlake based SISCORP plans a 100 seat Sister's Chicken and Biscuit restaurant on Lorain and Ranchview roads across from a proposed Bob Evans, targeting a September opening. The $600,000 store is part of a 50 outlet northern Ohio plan, with nine Sister's open in Greater Cleveland and two more soon.
Cleveland economists Mark S. Sniderman and Daniel A. Littman report about half of the nation’s 3.3 million workers with contracts in 1981-82 accepted wage freezes or cuts. They describe 1981-82 as the deepest postwar downturn with slow inflation, noting concessions in autos and steel and a decline in union representation. They caution that wage moderation might not endure and that wage and price decisions remain largely private sector prerogatives.
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