Business briefs preview local trade and hiring trends
The Northeast Ohio Council of the National Association of Investment Clubs invites members to tour Scott Ball and Turben in Cleveland for the final program of 1981 82. Lorain County manufacturers weigh a tax free free trade zone to store parts for overseas assembly. Manpower Inc reports April to June hiring up 27 percent in Elyria Lorain, with 50 percent expecting changes and a smaller national rise in hiring. BBB warns sweepstakes letters promising cash prizes or goods are land sale promotions to generate leads.
MENTIONED IN THIS ARTICLE
Northeast Ohio
The
National Association of Estment Clubs
Scott, Ball & Turben
Cleveland
Linder Co
Lorain
Ann Semerar
Uspartment of Commerce
Elyria-Lorain
Manpower, Inc
Theg
Louise Tillack
Manpower
yria-Lorain
Ms. Llack
Perent
Ivey
Better Business Bureau
BBB
Ics
Cleveland-area
Invacare Introduces Care Call Patient Alarm System
Invacare Corp. unveils Care Call a bed weight sensor linked alarm system to alert attendants or family when a home care patient leaves a bed or needs assistance. The system includes a patient call button and signal unit. Invacare reported last year sales of $40 million and operates plants in Lodi Ohio Sanford Florida Hartford Connecticut and Shannon Ireland.
MENTIONED IN THIS ARTICLE
Invacare Corp
Elyria
Cme
Mid-Continent Telephone Reports Q1 Earnings Rise
Mid-Continent Telephone Corp parent Elyria unit reports first quarter net income of 8.2 million, up 15 percent from 1981. Earnings per share rise to 59 cents from 51. Revenues grow to 75.8 million from 66.5. For year end March 31, earnings per share up 12 cents to 2.54, with net income up six percent to 34.8 million and revenues up 14 percent to 295 million. Chief Executive Weldon W Case cites momentum.
MENTIONED IN THIS ARTICLE
Mid-Continent Telephone Corp
Elyria Telephone Co
Weldon W. Case
Uncle Sam’s rising tax bite on a $25 000 family in 1982
A Tax Foundation study models a $25,000 income family with one working parent and two children to estimate a $6,916 federal tax bill for fiscal 1982. It breaks down $2,771 in federal income tax, $1,875 in Social Security, and $2,470 in indirect taxes, noting shifts since 1977. The analysis uses fiscal year data Oct 1 to Sept 30 and highlights how income security, defense, and interest shape the bill.
MENTIONED IN THIS ARTICLE
Tax Foundation Inc
Washington, D.C
Foundation
U.S
Prices fall in Cincinnati and Cleveland after two months
Consumer prices in the Cincinnati area declined 0.3 percent in February and March while remaining 7.1 percent higher than a year earlier. Nationally, prices dropped 0.3 percent in March, signaling a 3.3 percent annual inflation if continued. In Cleveland, food costs fell 0.7 percent in March with energy down 0.8 percent.
MENTIONED IN THIS ARTICLE
Cincinnati
Cleveland
U.S. Bureau of Labor Statistics
William E. Rice
Chicago
White House
Murray Weidenbaum
Congressional
Bureau
Rice
Opening Stock Market Rises on Fed Relief Hopes
The stock market opened higher in New York with the Dow up 2.38 points to 864.54 as seven weeks of gains continued on a broadly rising market. Investors cheered a Federal Reserve report showing an unexpected money supply decline and a Labor Department report marking the first drop in inflationary pressures.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Federal Reserve Board
Labor Department
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Rea Business Briefs
Vestment Group
Cal Free Trade Zone
Nvacare
First Church OF God
Woodland Ave
Lynn Summers
Mnsearer
Oe TY Magazine
Sam
Cincy
Odyssey
Stewart's
Cleveland St
Congression
South Atlantic
Britain
Falkland Islands
South Georgia
Texas
American Telephone & Telegraph
Raytheon
Standard Oil
California
Texaco
Ford
Parsas
1C Industries
Alcoa
RCA
Aim Airlines
Sybron
Ind
Oledo Exdison
Heth Steel
Ohio
Union Pacific Corp
Stewen
Woolworth
Bor
Farmer
Tennco
Co ‘Ac
Congu Pwr
Curtiss Wr
Ford Motor
Coaleai
Bulding
CPC Inter. Inc
A&p
Hersh Foods
Ye Hospil Cp
Ing Rand
Corp
Mgmgr
Momaanto
Nabisco
Natl Steel
Norikw
Owen Ill
Pan Am Air
Penney JC
Phillipa Pet
Mid-Ohio Securities Corp
Norwalk
Broad St
Etyna
Nalills
Morrell
Genoa
Land Glakes
Lloyd Harris
Ben Rice
Libby
Broadway
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