18 Apr 1991
Page 1
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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 18, 1991
Page
1
After months of waiting the Dow Jones Industrial Average finally tops 3000 as New York Stock Exchange traders surge with excitement. Some analysts foresee an end to the recession amid the market rally.
Page A-8 Grafton coverage notes the national parsing of a woman's rape accusation against Kennedy kin William Smith while police say only a few have been questioned at the Kennedy mansion. The item lists other local school layoffs, civic decisions, and schedule notes across the region.
The Associated Press reports that a one-day coast-to-coast rail strike by 235000 rail workers ended as Congress and President Bush enacted a back-to-work measure. Trains began rolling again, with Amtrak and freight services expected to return to normal within a day as an emergency board was created to settle remaining issues.
Grace campaign faces questions after a letter signed by campaign manager Roy Gonsirowski urged city suppliers to donate to William Grace's mayoral bid. State officials say it could violate statutes restricting corporate political contributions. Grace says he will address the issue and notes vendors wanted broader fundraising outreach.
Muhammad Ali is slated to visit Lorain County in late June or July as part of the Coalition for a Better Life anti drug campaign. Spokesman Paul Hassan said the visit to Elyria and Lorain aims to lift morale by signing autographs and meeting residents in Wilkes Villa and Lorain central city housing projects.
Lorain County Epilepsy Foundation faces weak ticket sales for its 10th annual Benefit Dinner Dance Reverse Raffle as economic woes hit revenue goals. Chairwoman Gerri Strohsack notes a crash from past sellouts and aims for about 15,000 in profit, with tickets at the door due to poor advance sales.
Lorain County judge orders Avon to publish a tax abatement application by 5 p.m. The Chromed-Telemgram sued claiming officials failed to follow state law. Public records advocate says disclosure is crucial to prevent backroom deals and inform residents about the plant planned for Chester Industrial Park.
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