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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Apr 26, 1994

Page

13

Northern Savings Q1 income dips as rates rise

Northern Savings & Loan reports first quarter 1995 income of 3.7 million, down from 4.2 million a year earlier. Net income per share fell to 1.58 from 2.37, while book value per share rose to 71.57 from 63.15. President Neal Hubbard says the drop reflects a policy to protect income in rising rate periods.

Elyria Northern Savings & Loan Co Neal Hubbard New York Dow New York Stock Exchange Haan Ovar Wolks David Shulman Salomon Brothers Inc Treasury Mexico Japan U.S

Goodyear posts record first quarter sales and income

Goodyear Tire & Rubber Co reports net income of 116 million dollars or 77 cents a share on sales of 2.91 billion in the first three months of 1994, with nearly 8 percent more tires sold worldwide compared to a year earlier.

AKRON Goodyear Tire & Rubber Co Goodyear Cleveland National City Corp Edward Brandon Board of Directors Mr. Coffee Inc Mr. Coffee

Merger creates world’s largest physical commodities exchange

New York’s NYMEX and COMEX votes merge to form a single giant exchange for energy and metals pending approval by the Commodity Futures Trading Commission. The move promises cost efficiency and new trading facilities, while the combined entity would rank as the world’s fourth largest.

NEW York New York Mercantile Exchange The Commodity Exchange Inc Commodity Futures Trading Commission NYMEX COMEX Combined Exchange

Wall Street risk alarms from Kaufman and Wornflower

Henry Kaufman and Albert Wornflower warned of looming market upheaval within two to five years. They cited rising rates, mutual fund growth, derivatives expansion, and high octane speculation as key risks, warning regulators struggle across borders. They urged awareness of new financial risks and the potential for sharper downturns as averages fall below cost.

New York Dr. Death Dr. Doom Wall Street Henry Kaufman Albert M. Wornflower CS First Boston Investment Management Corp Kaufman and Wornflower Pierre Hotel CS First Boston Washington Kaufman

Toyota to pay 250000 fine for delayed recall

Toyota Motor Corp agrees to a 250000 civil penalty under a consent decree spanning 38500 Land Cruisers from 1981 to 1989 over fuel tank leak recalls. The company denies knowing of the defect years before owners were notified.

Washington Toyota Motor Corp National Highway Traffic Safety Administration

Real estate sales rebound after winter declines

The National Association of Realtors reports March sales at 4.06 million in annualized terms, up from February’s 3.04 million, with only the Northeast lagging. Economists cite adverse weather easing and deferred winter demand as the pullback ends.

Northeast John A. Tuccillo National Association of Realtors The Association

Markets Close Wednesday in Honor of Nixon Funeral

Most U S markets will close Wednesday to honor late President Richard Nixon. The New York Stock Exchange and American Stock Exchange will not open, and NASD trading systems will close completely. The Chicago Board of Trade and the Chicago Board Options Exchange also planned closures.

New York Stock Exchange Richard M. Nixon Clinton New York U.S Richard Nixon Yorba Linda Calif American Stock Exchange National Association of Securites Dealers Chicago Board of Trade Chicago Board Options Exchange

Creston Livestock Auction Totals Head and Prices

Creston Livestock Auction consignments include calves at 100 to 130 dollars for choice, hogs at 43 to 44.75, cattle with steers 71 to 75.75, cows 46 to 54, and various feeders and crossbreds. Total consignments: 279 head of cattle and 701 total head.

Creston

County Grain Prices Reported for Local Cooperative

Loran County farm cooperative market closed with mixed grain values. Prices include shelled wheat at 281, oats at 255, corn 1.00 and soybeans 651 per bushel.

Loran County Farm Bursay

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Northern S&l Botamer Conernf Ea Raver Elyria Sie Lorain Lorain County Commodities Exchanges OK Merger Washington Post Toyota Coop BO AG Pactol Bem Reed Bae Blew Scecoe Kmart Poyne Mnisk Darry Carnat Bia Lowes Whst Mutual IV Fidel Puritan Massi Mit Priom Templeton Templeton World Vanguard Wellington Honor Nixon Knight-Ridder Financial News Creston Livestock Quolaten Hanson Para R. Smith Co Hills Dept Acme Invacare Allied Corporation LNB Bancorp Atttel LTV Amercan Greetings Lesco Inc Cedar Fear Ma-Am, Inc Centenor Nordson Chrysler Northern Savings Tbow CoBancorp Inc Ohio Edison Columbia Gas P.N.C. Com CPC Inter, Inc Parker Harwinfin Eaton Corp Reliance Elect Emerson Smuckers/SJMA Sunrse Medical Englehard Texas Wtates Fast Bancorp Ford
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