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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

Aug 17, 1981

Page

2

A-10 Chron Bigger budget deficits are foreseen

Washington UPI reports that private economists doubt Reagan can balance the federal budget by 1984. Deficits are predicted to grow in fiscal 1982 and 1983 with possible shortfalls of 45 to 85 billion in 1984. Reagan plans to meet Stockman to map further cuts for next year as bills were amended in Congress.

Washington UPI Reagan U.S David Stockman

Reagan deficits loom as forecasters diverge on 1982 84

The New York Times reports advisers raise estimates of next year's deficit by up to 26 billion dollars. Forecasters disagree on 1982 and 1984 deficits with figures ranging from 50 to 80 billion. Factors include slower growth, inflation shifts, tax cuts, and possible spending cuts or tax measures.

The New York Times Reagan Otto Eckstein Lyndon Johnson Council of Economic Advisers Data Resources Inc Lexington, Mass Rudolph Penner American Enterprise Institute Congress Eckstein

Social Security outlook appears 25 30 percent better

Dr Yung Ping Chen of American College Bryn Mawr argues the long range Social Security outlook is less bleak than official projections. He forecasts cost rises will be smaller with rising cash pay share, estimating 1980 2020 costs at 10.99 to 12.36 percent and 2035 at 13.74 percent, implying a more favorable future than critics fear.

New York UPI Yungping Chen American College Bryn Mawr Chen Social Security James McKevitt National Federation of Independent Business McKevitt New York Stock Exchange A&p Ave Union Carb Alig Power Wv -M HY Allis Aibd Cp Santea United Brands Alcoa Hanna Nin T&t Whirl Br Armen Kell Winn Woolworth Bell Howl Taal Tod Xerox Zenith Beth Steeie Luken Steel Asm Qtea Mattel Pierre R. Smith Reas McLouth Steel McNeil Monsanto Coca Cola Motorola Colte Ma Nabisco CPC International Joe Con Edison Curtiss Wr Owens CF Leidnshes Dayton Owens Ohio Eaton Mutu Elec Parker Hannifin Evans Phil Pei Searle (Gd) Co Exxon Oledo Edison RCA Co Union Pacific Corp Gen Foods Repab Steel Ye Woolworth Gen Motors Grace Rabom Sears Tenaco Tezaco Timken Se + & UAL Inc

Regional grain price report for Ohio markets

Northeast Ohio quotes No 2 wheat 354 and No 2 shelled corn 283 with soybeans at 195 in some districts. Northwest Ohio lists No 2 wheat 359, No 2 shelled corn 203, and No 1 soybeans. Central Ohio shows No 2 wheat 355, No 2 shelled corn 286, No 2 oats 221, with No 1 soybeans also noted.

Ohio Northwest

Loomis employees join photo society

Three Loomis Cam era Co. employees at Broad Street Elyria Marvin Smith Doug Weber and Tom Peters qualified to join the Society of Photographic Counselors a division of Photo Marketing Association International by passing a comprehensive examination CPC title awarded to professional photographic retailers for knowledge of equipment and customer counsel.

Loomis Camera Co Broad Street Elyria Society of Photographic Counselors Photo Marketing Association International Marvin Smith Doug Weber Tom Peters

Stocks lower in active trading on the NYSE

New York stocks opened lower as the Dow slipped 2.09 points to 934.83 after a volatile session. The market fell last week and faces near record interest rates, with Fed policy staying tight until inflation falls. Inflation signs improved as wholesale prices rose only 0.4 percent in July after 0.6 percent in June.

New York UPI New York Stock Exchange Wall Street Federal Reserve Fed

CCC Offers Economic Class at Cuyahoga CC Metro Campus

A consumer economics course will be taught at Cuyahoga Community College Metro Campus this fall quarter from Sept 28. It covers economic principles, money management, credit use, investments, insurance, occupation, and major purchases. Tuition is 48 dollars for county residents and 62 dollars for others. For details call the business administration department in Cleveland at 241-5966 extension 4421.

Cuyahoga Community College Metro Department of Business Administration Cleveland

Also Mentioned on This Page

Robert Penick Lawrence Chimerine Chase Econometrics Michael Evans Evans Economics Treasury Ity Pou Cheago Tubune Char Saurep US Senate Local Security and the Custom Ear John B. Simpson Ua.w UMW. Bendix & Luxaire Joseph Paulo Turmet Jesus Christ Elyria Alliance Church Columbus Loomis Photo Society Cho Stewart Color Model Dia the Neve Stewart’s Cleveland St Phere Lorain CCC Aus Minh Snooth Standen & Guthman Insurance Counsel Byria ciTy Phone Mid-Ohio Securities Corp Miternemettal Abool Ecu Dealers Inc Sipc Lorain CLEVE Spitzer Pork Plaza Brood
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