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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Apr 20, 1988

Page

3

Iacocca’s 87 earnings near eighteen million dollars

Chrysler Corp reported Lee Iacocca earned 17.9 million in 1987 plus a 2.7 million stock grant and cash bonuses totaling 85.2 million in executive pay for 2035 executives. UAW condemned the payouts as an insult as national talks began with Chrysler.

Highland Park Mich Chrysler Lee Iacocca Chrysler Corp United Auto Workers UAW Marc Stepp Iacocca Auto Company Tacocca Ford Motor Co Harold Poling Chrysler Motors Corp Gerald Greenwald Joh Guiniven Ford General Motors Corp

Cincinnati First National Expands Bank to Cleveland Market

Cincinnati First National Corp. plans a new full service bank in Independence near Cleveland with initial capital of 5 million dollars. Joseph A. Campanella, Cleveland native with 22 years in banking, named chief executive of the new unit.

Cincinnati First National Cleveland First National Cincinnati Corp Independence First National Bank of Cincinnati Provident Bank Oliver W. Waddell The Waddell Joseph A. Campanella Campanella Koptis

Egg prices in Columbus and metal prices in New York flash

Retail egg prices in Columbus show extra large 31 54 cents, large 47 53, medium 86 41, small 25 22. New York Comex closes report gold 458 40, silver 0 587, zinc 32 55, tin 4 22 7, copper 0, mercury 385 345 per unit.

REW YORK Kyse Fisted Saiestight Owlosechs AlskAir Baxter Disney Boon Fespst Gillate Ste Aia Idaho MD Inc Ibmaag Bos. Dohta Seotp S Bohs BOW Hk Bae Ty Vatu Columbus Ohio New York U.S

Grain Prices Visit Lorain County Market Report

Lorain County Farm Bureau Cooperative Association notes yesterday's market close with Wheat at 240 per bushel Soybeans at 5.45 and Corn at 2.70. Oats trade at 2.08 per bushel. Market gains reflect local grain activity and farm firm notes.

Lorain County Farm Bureau Cooperative Association, Inc

House Hurdle Seen For Minimum Wage Bill In 1988 Fight

Washington lawmakers brace for a major battle over raising the federal minimum wage from 3.35 to 5.05 by 1992. Backers argue it lifts families above poverty and boosts the economy, while opponents warn of job losses and higher costs. The plan advances in four steps with 3.85 in 1989 and 4.25, 4.65 in subsequent years.

Chicago Tribune Washington House of Representatives Congress Bureau of Labor House Senate White House McDonald’s Boca Raton Fla

Eastern jets pass FAA safety checks but inspections to continue

Federal inspectors examined 508 Eastern jets nationwide finding most compliant with safety rules. Forty-three planes were sidelined for issues and 33 flights delayed. Continentals had one aircraft out of service in 15. The review may extend several weeks as probe continues.

Washington Eastern Airlines FAA Eastern Bob Buckhorn Continental Airlines Texas Ai Corp Buckhorn Philip Bakes Frank Lorenzo Texas Air Corp Continental Eastern Machinists Union Old Fox Bryan Lorenzo Bakes Machinists

Lorain National Bank Reports First Quarter Gains

Lorain National Bank records an 8.5 percent rise in consolidated net income for the first quarter. January through March income totaled $673,000 under CEO Stanley G. Pijor, with net loans increasing by $21.4 million to $173.5 million.

Lorain National Bank Stanley G. Pijor

Also Mentioned on This Page

Valve Mike Iwamato Chevron Research Co Richmond Calif Ucar William Wayern Pierre R. Smith & Co Acme Cleve Io Allied Corporation Ales Mutuals Lorain Selfry Amer-Wash Mutual HBS Fidelity-Puritan Hancock-Bond National-Bond NL Templi Growth Templin-World Vanguard-Wellgta NL —— Ee Miami Charles Bryan Hastern
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