Penny crunch hits Elyria banks as pennies pile up
Elyria area banks report a penny shortage despite reduced mint allocations. The Federal Reserve Bank of Cleveland cut monthly penny output by 20 percent from about 240000 dollars, while local banks describe rising demand and rising saving in piggy banks. Some banks like Elyria Savings offer a five cent bounty per penny roll to curb melt downs, and experts warn many coins may be tucked away in drawers rather than returned to circulation.
MENTIONED IN THIS ARTICLE
Elyria Area
Federal Reserve Bank
Cleveland
Marty Abrams
Lorain County
Bureau of the Mint
Abrams
Chronicle-Telegram
DeLeo
Elyria Savings
Federal Reserve
Grafton Man Dies in Pershing Ave Crash
Ralph G. Coleman Jr. 46 of 149 National Drive Grafton died when his 1967 Buick station wagon struck a concrete wall on Pershing Ave Cleveland near the Clark Pershing Bridge. He had been laid off from Ford Brook Park and leaves five children and five stepchildren. Funeral arrangements will be announced.
MENTIONED IN THIS ARTICLE
Grafton
Pershing Ave
Cleveland
Ralph G. Coleman, Jr
National Drive
Clark-Pershing Bridge
Coleman
No combustible gases found at Three Mile Island
Officials lifted a minor emergency at the Three Mile Island plant after technicians detected no combustible gases on entry into the containment building. The unusual event began late Friday and ended early Saturday after samples showed normal readings. past accidents linger in context with the plant.
MENTIONED IN THIS ARTICLE
Middletown
Three Mile Island
Record $20 million price fix settlement in seven counties
The nation’s largest consumer antitrust settlement awards $20 million in free food to residents of seven counties including Lorain. The deal resolves price fixing suits against three supermarket chains with a public hearing set for April 14. Executives received jail terms suspended on probation, while the Justice Department opposed a no contest plea.
MENTIONED IN THIS ARTICLE
Cleveland
Lorain County
Lorain
Katherine Walsh
Pick-n-Pay
Fazio’s
Ohio Public Interest Campaign Board
Jay Westbrook
U.S
Thomas D. Lambros
Lambros
First National Supermarkets Inc
Fisher Foods Tne
Donald S. Scherzer
Justice Department
Haig Remarks Spark Deep Throat Mystery
UPI reports officials doubt finding Woodward’s alleged Deep Throat source who leaked undiplomatic Haig comments. The Washington Post cites notes from attendees at Haig morning staff meetings over several months. The State Department begins an internal security probe after the post story.
MENTIONED IN THIS ARTICLE
Washington
UPI
Bob Woodward
Deep Throat
Alexander Haig
State Department
Bureau of Security
Haig
Washington Post
Woodward
Post
Secretary of State
Women's Federal Seeks 34 Dettore Parcels in Cleveland Area
North Ridge Investment supports an offer from Women's Federal Savings and Loan to buy 34 Drake Emerald Wayne Wood Edward Defiance Street parcels with roughly 1.1 million in mortgage debt. The plan pays off mortgages plus 17 thousand in cash, aims to finish construction and resell.
MENTIONED IN THIS ARTICLE
North Ridgeville
Frank Dettore
North Ridge Investment Corp
Women's Federal Savings and Loan of
Cleveland
Drake
Idaho
Emerald
Wayne, Wood, Edward
Defiance Streets
Steve Hobt
Women’s Federal
the Savings and Loan
North Ridge Investment
Center Ridge Rd
Holht
North Ridge
Layoffs to Begin at U S Steel Lorain Pipe Mill
NSW Local 1104 president Martin Bartos says about 80 workers in the number four seamless pipe mill will be laid off indefinitely starting Monday due to dropped pipe orders. He notes possible further cuts, with rumors of over 100 more, though he downplays fears of 1,000 layoffs plant-wide.
MENTIONED IN THIS ARTICLE
U.S
Lorain
Martin Bartos
NSW Local 1104
Bartos
Weekend Weather Preview: Rain Likely Tonight and Sunday Snow
Forecasters expect rain to spread over the area tonight with a chance of wet snow by morning. Lows near 32 tonight, then mostly cloudy Sunday with morning snow possible and highs in the upper 30s. Details on Page A-3.
Public funds theft probe narrows on local deputy registrar case
Since 1975 Lorain County residents watched a case over more than $320000 allegedly stolen while Anthony J Marsh served as deputy auto registrar. Karen Balmer reports on federal findings in the first installment of a Sunday series.
MENTIONED IN THIS ARTICLE
Lorain County
Anthony J
Tony) Marsho
Karen Balmer
Also Mentioned on This Page
Amy Fruitict
Neal Hubbard
Northern Savings & Loan
Alan L. Murphy
Frank DeLeo
Federal Feason
Weather Bureau
Dessie
Ford Motor Company
Brookpark
Tinson Fork, Kentucky
Kevin
Ralph
Sharon
Linda Taylor
Coleman Home
Reichlin- Cooley Funeral Home
Elyria
TMI
John Fidler
OPIC
Jack M. Schulman
Haig Hb
By Joe Klinec
Larry Friedman
Hertz, Kates, Friedman and
Kammer
Dettore and
Holt
Hobt
U.S. Steel
George Kovach
Lynn Haessly
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