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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Feb 28, 1982
Page
4
The fish ahoy cat food ad is delayed in shipping and rainchecks are issued. Page 4 shows an incorrect LCD watch illustration. an LCD style watch should have been shown. The 24 Hour of Fine film processing coupon on page 10 does not include the 2 for 1 print offer. We are sorry for the inconvenience.
Stocks ended a volatile February with the wildest swings of the year as investors shift focus from rates to corporate results. The Dow rose slightly to 824.39 after a 21 month low, while NYSE and NASDAQ indices slipped and trading volume spiked to the heaviest in 10 months. Analysts warn a prolonged recession may stall any sustained rebound, with high rates and money supply tightness dampening near-term gains. Major movers included Sony, IBM, AT&T, GM, Arcata, and Upjohn as earnings revisions weigh on sentiment.
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