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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Dec 09, 1977

Page

3

Oral Roberts argues faith and wealth serve the church

The evangelist says his savings are plowed back into the university and that God wants believers to prosper while he avoids asking for money on air. He notes his healing story from tuberculosis, his early preaching in Tulsa, and his base in a wealthy Tulsa neighborhood. His association lists $1.19 million in investments across 38 corporations.

Jesus Tulsa Roberts Ada Okla Oklahoma Baptist University Shawnee Phillips University Enid Steve Pringle Oral Roberts Evangelistic Association Ing

Garner Ted Armstrong Secrecy Hides Church Wealth Details

An Associated Press look at Garner Ted Armstrong and the Worldwide Church of God reveals a global ministry with 65 000 baptized members 70 million in annual income and real estate holdings around 100 million. Secrecy surrounds leadership interviews and the church’s vast assets. The Pasadena campus and Ambassador College illustrate wealth including a 1 million auditorium and a 30 foot Belgian crystal chandelier.

Worldwide Church of God Garner Ted Armstrong Pasadena Calif Herbert Garner Ted Ambassador College Armstrongs Pasadena City Turkey Persia Italy Armstrong Belgium Stanley Rader The Vienna Symphony United States Robert Kuhn Rader Tokyo

Area residents save $3.8 million in Yale accounts

Area banks report 22,000 savers funded Christmas Club accounts totaling about 3.8 million dollars. Elyria Savings and Trust led with 969,529 dollars for 5,627 members, as several institutions boosted year end activity with a free 51st week payment.

Yale Lorain County Elyria Savings and Trust National Bank EST al. Murphy Murphy Savings and Loans Bank S&l Area Bank and Savings and Loan Lorain County Savings & Trust Co First National Bank of Elyria Lorain National Bank Central Security National Bank of Erie County Bank Northern Savings and Loan Pioneer Savings and Loan First Federal Savings and Loan of Lorain Security Federal Savings and Loan Citizens Home Savings

Vance says Soviets want Arab peace

Secretary of State Cyrus Vance said in Brussels that the United States and the Soviet Union clash over the Cairo Egyptian Israeli conference but Moscow seeks a comprehensive Middle East settlement. He stated the Soviet Union aims for a Geneva conference, while acknowledging disagreements on the Cairo talks.

Brussels Belgium UPI Cyrus Vance United States Soviet Union Cairo Moscow Middle East Vance Geneva

Bitter cold and snow snarls hit Northeast Ohio roads

Snow and wind caused highway closures and delays across the region. Medina County reported no accidents from midnight to 8 a.m. Cleveland Hopkins Airport remained closed due to high winds and snow with reopening hoped by noon. Red Cross provided over 100 cots and blankets for stranded travelers. Elyria activated multiple departments to salt and plow streets under an emergency snow ban. Chardon and Huron County saw several road closures. Traffic jams formed on Rt 611 in Avon. Utilities prepared for higher fuel demand as temperatures plunged, with Columbia Gas noting adequate pressure and extra storage.

Cleveland Hopkins American Red Cross Cleveland Elyria Marguerite £. Bowman Bowman Richard Bergman Chardon Huron County Rt. 4 Monroeville New London Rt 6 Wakeman Avon Columbia Gas Ohio Edison Harold “Bud

$25 000 winner to escape snow in Ohio Lottery draw

Jim Coggin 64 of Fairfield won the top $23 000 prize in the Ohio Lottery weekly drawing and said he would travel to escape the snow. Other big winners included Mike Gregory 8 500 Shelby Jackie Sturm 37 400 Louisville Ohio and Willie Bewley 7 100 Indianapolis. The report lists several other lottery numbers and results from Pennsylvania and Michigan drawings.

Cleveland UPI Jim Coggin Fairfield Ohia Mike Gregory Shelby Jackie Sturm Louisville Ohio Willie Bewley Indianapolis Ind Linda Freeman Columbus Linus Feldbush Bolivar

Steering defect probe widens in Ford cars 1968 to 1974

NHTSA opened a wide inquiry into possible steering defects in Ford and Mercury full size and intermediate cars from 1968 through 1974, potentially eight million vehicles. Investigators focus on idler arm bushings that may corrode or lack lubrication, causing stiff steering.

Detroit National Highway Traffic Safety Administration Ford Motor Co NHTSA Ford Automotive Safety Gordon R. Sorenson

Second Class Mail Privileges Authorized at Elyria Ohio

Notice lists circulation rates for The Lorain County Evaying Publishing Co Elyria Lorain county and Cleveland offices Rates show daily cost 1 cent Sunday 25 cents Panes fees Carter delivered 1 00 a week By mail in United States daily and Sunday 52 00 a year Includes Elyria Lorain addresses and local phone numbers 323 3921 244 6285 727 3734

Elyria Ohio Lorain County Lorain Cleveland

Opening Wall Street Points At Early Trading

Opening Wall Street shows 808.04 as gains and losses mix early. Advances lead declines 190 to 137 among 558 issues crossing the tape. Turnover runs about 630000 shares in the initial trading period.

Lorain Telephone to Merge with CTU in $35 Million Deal

Lorain Telephone Co and Chicago based Central Telephone & Utilities Corp plan a 5-for-1 stock swap valuing the merger at more than $35 million. CTU to acquire Lorain. 239,671 Lorain shares exchange for five CTU shares each. Lorain serves 81,000 customers in northern Lorain County. Net nine month income rose to $1,963,000 on $13.5 million revenue. Rate hikes since Sept 1976 aided growth.

Lorain Telephone Co Utilities Corporation Hatch 1 Lorain Telephone Central Telephone & Utilities Corp Lorain Dockholders CTU Lorain County Lorain

Also Mentioned on This Page

Atoka God America Airlines Minnesota Power & Light CIT Binancial Corp Southwestern Bell Telepone Standard Oil of Indiana Mack Financial Corp Dial Finance Debentures Syrd Motor Credit Co Barbara Riegelhaupt Associated Press Canada Ambassador Massa-Carrara Worldwide Church of God Fifth Street Gene Krebs Highway Patrol Medina County Highway Patrol Coggin Elizabeth Pennsylvania Michigan Knight-Ridder Wire the Chronicle-Telegram East Avenue Mutuals Astale Dreyfus Fidelity Trend Sprog Jonn FU Wall Street NEW York New York Stock Exchange Dow Jones PepsiCa Ay Airgo Alcoaaly RCA Maun A Brads Ralston Pu Igy Am Can Bae le ReichCh el Pw Bas Ty Am Home Felad Am Motors Andri Seal Fae Armco Bos Shell Ashi Oil UN Sanger Co Sperry RB Brands Wrath Ster Brag Waty Boeing Texaco Pipe Borden Chrysler Westy el Wiz Weverhr Brun Whirlpans Woolath Xerox Corp Curtis Wr Dow di Mert Lam Pierre Dresser R.smyth Co duPont Eaton Bun Sa Exxon Abbe Giverisan Air Ford M CPC International, Inc Gen Dynam AB Ty Dart Emerson Gn Food Bun Fruebaut USDA Ncrcp Emand Chicago Wester- Quen Gu Owen Medims Penney Vale Marth D Lakoc Lehman Johnson
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