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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Feb 02, 1995
Page
3
The forecast notes tonight variable winds from east at 6 to 15 knots with 1 to 3 foot waves in ice free areas. Friday winds shift to east then southeast at 5 to 15 knots with a chance of snow developing and 1 foot waves in open water.
World temperatures advertising contact details list a toll free retail hotline and classified service. It includes home delivery hours from 8 a.m. to 7 p.m. weekdays and 8 a.m. to 11 a.m. Saturday, with Sunday home delivery by Carter Daily and Sunday. Rates show $2.25 per week. The Chronicle-Telegram is published daily except Christmas in Elyria Ohio with address and postmaster details.
Two year old Hira Jamal, separated from her cephalophagus twin Nida, sits up and talks nine days after surgery at Hospital for Sick Children in Toronto. Nida remains critical on a ventilator. The sisters are part of triplets, with Faryal the third, and costs exceed 325000 dollars, with 245000 raised and 98000 pledged by Pakistan.
Rates from the Fed drive higher interest charges on credit cards mortgages and car loans for millions. RAM Research Corp. says a $1,700 credit card balance will cost about $5 more this year, with average card rates near 18 percent amid seven hikes. Banks raise savings yields to attract deposits as loan demand remains high. The six month CD average is seen at 5.17 percent, up from 2.78 a year ago.
Premier Bank president John Krieghbaum says Fed rate hikes will dampen loan demand. Neil Hubbard of Northern Savings notes a slowdown in home sales and lingering wait‑and‑see by buyers. Fed lifts discount and funds rates by 0.5 percentage point. long bonds slip as yields edge up. Brunner warns of a possible recession, but housing and autos remain resilient for now.
Investors flock to Treasury securities amid rising rates and inflation, with direct purchases from the Federal Reserve growing. Martin Stark, a Setauket teacher, cites insured principal and tax exemption as advantages over CDs. Five year notes yield about 7.55 percent, sizable after federal taxes for high earners.
Shippy proposes to reattach footer tiles to storm sewer or sump pump in homes built before 1972. Project costs 1500 to 4000 per house with potential rebates up to 240 funded by residents' sewer bills. City would declare storm water entering sanitary laterals a public nuisance and seek further study with meetings planned.
Government prosecutors portrayed Sheik Omar Abdel-Rahman as a leader who funneled hundreds of thousands from his Jersey City apartment to finance Sinad groups in the Middle East and the United States. A witness testified that investigators believe hundreds of terrorists in the U.S. are loosely connected to him and planning jihad. Abdel-Rahman and 11 others face seditious conspiracy charges.
Senate aide Pressler seeks ethnicity gender age and salary details from NPR staff as he weighs cutting federal funding. The move draws privacy concerns though NPR notes they receive about 3 percent of a 46 million dollar budget and funds support PBS and CPB.
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