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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Aug 09, 1981

Page

13

Economic creativity urged to curb inflation in 1980s outlook

Wilmington Ohio economist Martin Giesbrecht argues inflation requires Americans to rekindle economic creativity and shift from blame. He cites low savings, aging factories, and weak investment as causes, urging higher savings, R&D, and quality production to raise productivity and living standards.

Wilmington, Ohio UPI Wilmington College Martin Giesbrecht

Used Car Bargains and Cadillac V8-6-4 Engine News

Hertz cites potential $1000 yearly savings by delaying new car purchase and buying a 3-year-old model. The article compares ownership costs of 1980 new cars, 3-year-old 1977 models, and notes Hertz data on mileage costs. Cadillac introduces a 5 year 50,000 mile warranty for the V-8-6-4 engine amid ongoing complaints and lawsuits.

Hertz Corp Hertz Cadillac General Motors

Small engines take more of a beating

Fram Corp argues that small 4 cylinder engines work harder than odometer miles indicate. The company cites higher rpms and temperatures, recommending engine mile based maintenance and oil changes, and offers an “Engine Miles Conversion Chart” booklet for 34 cars. A copy costs 50 cents from Fram Corp Providence Rhode Island.

Fram Corp Fram Providence R.I

Takeover ideas in energy sector lure investors

The energy takeover frenzy draws interest toward Marathon Oil Amax Pennzoil Natomas Superior Oil and R J Reynolds Industries as big names. An advisor Louis Barsky argues the smarter play is buying secondary oil firms with solid in ground reserves capable of rapid net asset value growth through exploration.

Marathon Oil Amax Pennzoil Natomas Superior Oil R.J. Reynolds Industries Barsky Conoco C & K Petroleum Canadian Homestead Oil and Reserve Oil & Gas

Tax cut bill reshapes corporate finances for recovery

The Reagan tax package allows unprofitable firms to sell tax deductions and credits to profitable peers, potentially costing $9.6 billion yearly by 1986. Chrysler and others could use leaseback schemes to trade deductions for better equipment pricing, while some see a new market in securitized tax benefits and cash gains for ailing companies.

Washington Reagan Treasury Department Congress Northeast Midwest Chrysler Corp

Also Mentioned on This Page

Business News Giesbrech Japan Giesbrecht James Mateja Chicago Tribune Warrenty Nou Hentz Corp Louis Barsky The Speculator Jersey City Dan Dorfman By Bill Neirire Ernest S. Christian Jr Treasury Christian Inexco Oil Pogo Producing Triton Oil & Gas Adobe Oil & Gas Consolidated Oil Sears Ohio Wuexe Lelio Corp Loraine CLEVE Plyria Sphear Brood Bhyria
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