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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 30, 1984
Page
5
The New York market opened mixed as traders weighed signs of slowing economy. The Dow Jones industrial average rose 0.84 point to 1,168.91 in the first half hour of trading.
Lorain men Chuck Grm and Ken Baxter plan a big soft sell for their inflatable BackSaver cushion. They sent samples to automakers and seating suppliers, filed patents, and expect orders soon. The design uses a latex inner bladder, foam liner, and nylon cover with a valve for adjustable firmness.
TOLEDO AP The Champion Spark Plug Co reports 1984 first quarter earnings of 9.6 million versus a 1.9 million loss a year earlier as sales rise to 213.1 million. Shareholders at the annual meeting voted to double common shares to 80 million and create 5 million preferred shares to deter unfriendly takeovers.
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