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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Dec 17, 1996

Page

9

Industrial output rises 0.9 percent in November

U S factory, mine and utility output jumped 0 9 percent in November the strongest gain in months driven mainly by a rebound in auto production and colder weather boosting utilities Analysts say the rise reflects special factors not an inflation threat ahead of the Federal Reserve meeting.

Washington Federal Reserve General Motors Canada Fed Sung Won Sohn Norwest Corp Minneapolis

Bass to Sell Holiday Inns to Bristol in 8640 Million Deal

Bass agrees to cash and equity deal valued at 8.64 billion to transfer most Holiday Inns in North America to Bristol Hotel Co. Bass will take a 36 percent stake, receive 391 million in cash for 61 hotels, and Bristol will convert 10 of 39 hotels to the Holiday Inn Ten brand. Bristol aims to keep 85 percent Holiday Inn branded portfolio and invest 150 million in upgrades.

London Bass Bristol Holiday Ten Holiday Inn Crowne Plaza Peter Kline

Local Stocks Metal Prices and Grains Closing

New York Comex and Merc prices listed with metals such as gold at 38840 per troy ounce and silver at 4782 per troy ounce. Copper 10095 cents per pound and lead 0 cents per pound shown, plus tin 29285 per pound and mercury 23250 per 75 pound flash. Grain prices closing include wheat 374 per bushel shelled corn 268 oats 200 and soybeans 681 per bushel.

New York Lorain County Farm Bursau Cooperative Associaton, Inc Focal Grain

Surge soda debuts as Coke bets on youth market

Coca Cola unveiled Surge a high calorie citrus beverage with maltodextrin and 52 milligrams of caffeine per 12 ounce can. The company plans a Super Bowl TV debut and a $50 million marketing push to challenge PepsiCo’s Mountain Dew, while some analysts see Surge as Coke’s biggest gamble since the 1985 New Coke launch.

Atlanta Coca-Cola America Tom Parke Bermark Pepsi New York Stock Exchange Coke PepsiCo Pepsico Inc Brad Shaw Coca- Cola Bob Baskin Aosimiar Caranlar Norway Urge Gary Stibel Coca Cola Baskin

Twenty top female executives hit one million dollars

New York AP reports that for the first time all 20 highest paid female executives in corporate America earned over 1 million dollars, though collectively they trail the top male earners. The Working Woman survey notes women earn 71 cents per male dollar and few occupations favor women.

New York America Working Woman Magazine Ellen Bravo 165 National Association of Working Women Lawrence Coss Green Tree Financial Business Week Wayne Calloway Pepsico Catalyst Stil Nancy F. Smith

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