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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Feb 12, 1980

Page

6

Mobster’s trial details cash delivery to Mitchell in 1973

Testimony by Charles Allen linked orders from James Hoffa to deliver a briefcase containing $40,000 to former Attorney General John N. Mitchell. The rendezvous at the Shoreham Hotel followed a April 27, 1973 testimonial dinner honoring Hoffa. Allen said Al Cohen accompanied him. Mitchell received the briefcase after a brief conversation. The trial concerns Francis J. Sheeran’s alleged payments for crimes. Mitchell had left office in 1972 and later faced disbarment. Hoffa's pardon and parole history frame the context.

Philadelphia Charles Allen Teamsters James R. Hoffa John N. Mitchell Allen Hoffa Shoreham Hotel Washington, D.C Alan Cohen Washington Mitchell F. Emmett Fitzpatrick Francis J. Sheeran Teamsters Local 326 Wilmington Del Fitzpatrick FBI Sheeran U. S. District Court Cohen White House Nixon New York

McCracken sees 1980 as slow start with a boom ahead

Detroit economist Paul McCracken told the Detroit Economic Club that 1980 may be recessionary with two quarters of decline possible, but the decade should improve as it progresses. He predicts a reinvigoration of the American economy despite persistent inflation and calls for restraint on tax burdens and auto industry support.

Detroit UPI Paul McCracken Detroit Economic Club McCracken President's Council of Economic Advisors University of Michigan Federal Reserve Board Chrysler Lee A. Taccoea

Pinto trial reveals no perfect car ever built

In Winamac Indiana UPI reports Ford Pinto trial expert Harley Copp testified under cross examination that no perfect car exists and the Pinto’s fuel tank construction resembled rivals’ designs. He noted Ford had stricter 20 mph rear end safety standards while others pursued 30 mph, and prosecutors seek to introduce crash test data despite earlier rulings.

Winamac Ind UPI Ford Harley Copp Ford Motor Co James Neal American Motors Copp Goshen Michael Cosentino Cosentino Pulaski Circuit Harold Staffeldt

Ohio Japan trade talks show Japanese firms picking Ohio

Ohio attracts Japanese investment with Myojo Food Co planning a 7 million Sidney plant employing 80, while Honda builds a 200 million Marysville auto plant expected to employ 2,000 and produce 10,000 cars monthly. State officials cite location, skilled labor, transit networks and pro-business cooperation as key factors.

Columbus, Ohio Ohio United States Oriental Foods Company Myojo Food Co Sidney Shelby County MYOHO Honda Motor Co Marysville Union County James A. Duerk Department of Economic and Community Development Honda U.S Robert Bartels Ohio State

Wall Street sells off as averages slide in early trading

The Dow fell 4.18 to 885.41 and the Jones industrial average dropped 6.14 to 689.59 in the first half hour. NYSE issues favored decliners 5 to 3, volume at 58.66 million shares with the composite index down 0.49 to 67.08. AMEX value index declined 2.14 to 286.65 as grain prices in Ohio posted mixed but firm levels for wheat soybeans and corn.

New York Jones NYSE American Stock Exchange UPI Petro Procter Aleos Repab Steel RCA Corp Met Roper Corp Amer Motor U Rubbermaid Amer Carbide Ler Corp Bu Uniroyal Inc Stee Cola Cola Columbia Gas Edison Winlon Con Edison Westlec Conan P Whirlpeal Curtiss Dayton H Woolworth DuPont EL Eaglern Alray E Kodak Eaton Pierre R Evans Smyth Co Exxon Firestone Ford Motor Amerian Machine & Foundry American Lip Building Searle Mattel Emarcker TA McLouth Steel A McNeil Syren Melo Batson MGM Steel Norfolk S ‘Olin Corp Owen Pan Amer Alcity Um Penn Pepal Cola BAT IndOrd Igen Ae Sunshine Mining Ian Baxter Travenol DeLure Chi Domtar Inc Ludlow Fulbapply Stride Rite Possis Cp Wain Stein Reglar Allen Organ Bacardil Hutton BS Land Nat Cal Nui Aviainiind

Grain prices at Lorain County Farm Bureau market

The Lorain County Farm Bureau Cooperative Association reports closing grain prices: wheat 4.26 per bushel, shelled corn 2.43, oats 1.67, soybeans 6.36. The report reflects local market activity from yesterday.

Lorain County Farm Bureau Cooperative Association, Inc

Also Mentioned on This Page

A-10 Chronicle-Telegram Elyric, O Tuer Jan Schaffer Knight-Ridder Newspapers al Cohen Jimmy Hoff Richard M. Nixon By Joanna Firestone Carter Japan By Thomas Rizzo Associated Press Canada Lake Erie Ohio River Duerk James Duerk Georgia Michigan California Soviet Union Bartels England France Columbus Ocean Ohio Farms Cleveland Cincinnati Richard Demby G. To Ors Ives Mey Dasiva Demby Demby, Inc Elyria Board of Realtors Financial Responsibility Clara Onerlin J.C. Insurance Bar Bonding Agency Middle Ave Elyria, Ohio the Chronicle Telegram Northeast Northwest Central Lim Am Ondypendent Alcoholics Anonymous Elyria Warren Clee Spitzer Park Plaza Broad Si Standen & Guthman
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